v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 2,498 $ 3,260
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 56 76
Stock-based compensation 35 369
Deferred income tax (25) 4
Net foreign currency effect 77 (106)
Provision for accounts receivable and refund reserve 11 206
Changes in operating assets and liabilities:    
Accounts receivable (2,818) 434
Prepaid income taxes (253) (63)
Prepaid expenses, deposits and other (1,531) (418)
Accounts payable 510 (144)
Merchant payables 1,909 (1,651)
Accrued expenses and other 554 867
Deferred revenue 1,983 1,241
Income tax payable (64) (949)
Other liabilities 909 158
Net cash provided by operating activities 3,851 3,284
Cash flows from investing activities:    
Purchases of property and equipment (8) (21)
Net cash used in investing activities (8) (21)
Cash flows from financing activities:    
Repurchase of common stock (3,267) (8,918)
Net cash used in financing activities (3,267) (8,918)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (14) 142
Net increase (decrease) in cash, cash equivalents and restricted cash 562 (5,513)
Cash, cash equivalents and restricted cash at beginning of period 10,763 17,740
Cash, cash equivalents and restricted cash at end of period 11,325 12,227
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net 290 1,541
Right-of-use assets obtained in exchange for lease obligations—operating leases 1,213 321
Cash paid for amounts included in the measurement of lease liabilities 845 861
Non-cash investing and financing activities:    
Accrued excise tax for share repurchases $ 33 $ 89