v3.26.1
Segment and Geographic Information (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Reconciliation of Profit (Loss) from Segments to Consolidated
The following table presents reportable segment profit and loss, including significant expense categories, attributable to the Company's reportable segment for the periods presented:
Three Months Ended
March 31, 2026March 31, 2025
(in thousands of USD)
Revenue$320,872 $325,707 
Cost of revenue237,824 254,096 
Marketing30,520 31,543 
General and administrative expenses - labor related26,514 23,373 
General and administrative expenses - non-labor related34,045 43,329 
Interest income(4,374)(5,113)
Interest expense17 2 
Loss(income) on equity method investment, net446 569 
Other loss (income), net2,005 (2,670)
Income tax expense (benefit)2,672 2,547 
Net Income (Loss)$(8,797)$(21,969)
The following non-cash expense items are also included in the measure of segment profit or loss reviewed by the CODM:
Stock-based compensation1
$7,603 $18,253 
Depreciation and amortization$7,998 $8,437 
1The measure of stock-based compensation excludes expenses related to Phantom Units.
Schedule of Company's Long-lived Tangible Assets and Operating Lease Right-of-use Assets The Company’s long-lived tangible assets as well as the Company’s operating lease right-of-use assets recognized on the Consolidated Balance Sheets as of March 31, 2026, and December 31, 2025, were located as follows:
As of
March 31,
2026		December 31,
2025
(in thousands of USD)
Korea$12,097 $14,131 
Japan14,366 15,620 
Rest of World4,641 2,294 
Total long-lived tangible assets and operating lease right-of-use assets$31,104 $32,045