v3.26.1
Segments (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Summary of Segment Reporting Financial Information, by Segment

The following table presents selected financial information with respect to the Company’s single operating segment:

 

 

Three Months Ended March 31,

 

(in thousands)

 

2026

 

 

2025

 

Total Revenue

 

$

44,935

 

 

$

48,992

 

Costs and Expenses:

 

 

 

 

 

 

Cost of revenue

 

 

13,982

 

 

 

12,610

 

General and administrative

 

 

8,917

 

 

 

6,268

 

Marketing expense

 

 

2,206

 

 

 

2,337

 

Employee-related costs

 

 

12,785

 

 

 

12,665

 

Depreciation and amortization

 

 

776

 

 

 

846

 

Other (income) expense, net

 

 

(172

)

 

 

(7,765

)

Income tax expense

 

 

662

 

 

 

1,616

 

Other segment items(1)

 

 

3,103

 

 

 

4,576

 

Net income

 

$

2,676

 

 

$

15,839

 

(1)Other segment items include other operating and maintenance costs and outsourcing costs, such as rent, utilities, merchant fees, contract labor and consulting fees.