Details of classification of expenses by nature for the three months ended March 31, 2026 and 2025 are as follows (in thousands): | | | | | | | | | | | | | Three months ended March 31, | | | | 2026 | 2025 | | | | | Personnel expenses | $ | 6,431 | | $ | 7,928 | | | | | | Depreciation and amortization | 2,216 | | 829 | | | | | | Depreciation of right-of-use assets | 490 | | 283 | | | | | | Taxes and dues | 3,939 | | 3,899 | | | | | | Fees and commissions | 28,471 | | 27,700 | | | | | | Advertising expenses | 15,100 | | 12,540 | | | | | | Other expenses | 1,961 | | 673 | | | | | Total (1) | $ | 58,608 | | $ | 53,852 | | | | |
(1)Represents the sum of cost of revenue, sales and marketing, research and development, and general and administrative expenses as included in the consolidated interim statement of comprehensive income.
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