v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 170,324 $ 168,682
Accounts receivable, net of allowance of $4,837 and $5,530, respectively 106,278 105,369
Prepaid wires, net 106,532 59,497
Prepaid expenses and other current assets 19,238 19,611
Total current assets 402,372 353,159
Property and equipment, net 58,597 57,149
Goodwill 53,986 53,986
Intangible assets, net 24,372 25,404
Other assets 26,615 27,993
Total assets 565,942 517,691
Current liabilities:    
Accounts payable 15,380 15,317
Wire transfers and money orders payable, net 84,101 87,540
Accrued and other liabilities 42,353 38,100
Total current liabilities 141,834 140,957
Long-term liabilities:    
Debt, net 240,814 194,825
Lease liabilities, net 15,359 15,483
Deferred tax liability, net 5,243 5,372
Total long-term liabilities 261,416 215,680
Commitments and contingencies, see Note 17
Stockholders’ equity:    
Preferred stock $0.0001 par value; 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock $0.0001 par value; 200,000,000 shares authorized, 41,078,827 and 40,682,683 shares issued and 30,115,259 and 29,719,115 shares outstanding as of March 31, 2026 and December 31, 2025, respectively 4 4
Additional paid-in capital 89,433 87,835
Retained earnings 290,652 290,141
Accumulated other comprehensive (loss) income (367) 104
Treasury stock, at cost; 10,963,568 shares as of both March 31, 2026 and December 31, 2025, respectively (217,030) (217,030)
Total stockholders’ equity 162,692 161,054
Total liabilities and stockholders’ equity $ 565,942 $ 517,691