v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ 1,694,000 $ 2,494,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,060,000 3,321,000
Change in fair value of warrant liability (97,000) 0
Change in tax receivable agreement liability 0 545,000
Amortization of right-of-use lease assets 588,000 643,000
Gain on sale of domain name (1,000,000) 0
Stock-based compensation 1,317,000 2,194,000
Loss contingency (245,000) 0
Other reconciling items included in net income 7,000 0
Provision for credit losses 3,939,000 314,000
Changes in operating assets and liabilities:    
Accounts receivable (6,184,000) (935,000)
Prepaid expenses and other current assets 1,228,000 (582,000)
Other assets (397,000) 67,000
Accounts payable and accrued expenses (4,777,000) (1,133,000)
Deferred revenue 500,000 (404,000)
Operating lease liabilities (922,000) (860,000)
Net cash provided by (used in) operating activities (1,289,000) 5,664,000
Cash flows used in investing activities    
Capitalized software and expenditures (2,535,000) (3,650,000)
Purchase of marketable securities (11,488,000) 0
Proceeds from sale of domain name 1,000,000 0
Net cash used in investing activities (13,023,000) (3,650,000)
Cash flows used in financing activities    
Distributions 0 (704,000)
Proceeds from repayment of related party note 89,000 0
Taxes paid related to net share settlement of equity awards 0 (1,000)
Tax receivable agreement payment (2,659,000) 0
Net cash used in financing activities (2,570,000) (705,000)
Net increase (decrease) in cash (16,882,000) 1,309,000
Cash and cash equivalents – beginning of period 62,401,000 51,966,000
Cash and cash equivalents – end of period 45,519,000 53,275,000
Supplemental disclosures of noncash investing and financing activities    
Stock-based compensation capitalized for software development 20,000 263,000
Capitalized assets included in accounts payable and accrued expenses $ 440,000 $ 449,000