v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net income $ 6,107 $ 9,748
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and accretion 1,921 1,713
Deferred income tax expense 1,573 2,615
Stock-based compensation 2,853 2,493
Gain on sale of domain name 0 (701)
Provisions for credit losses, service credits and other 691 539
Changes in assets and liabilities:    
Accounts receivable (1,357) (4,415)
Prepaid expenses and other assets (614) (18)
Net operating lease liabilities (43) (6)
Accounts payable and other liabilities (1,974) (3,201)
Deferred revenue (235) 523
Net cash provided by operating activities 8,922 9,290
Investing activities:    
Purchases of property and equipment (1,212) (1,791)
Proceeds from sale of domain name 0 701
Net cash used in investing activities (1,212) (1,090)
Financing activities:    
Cash distributions to stockholders (14,494) (14,424)
Proceeds from issuance of common stock under the Employee Stock Purchase Plan 184 142
Purchase of common stock for tax withholding on vested equity awards (2,070) (2,843)
Net cash used in financing activities (16,380) (17,125)
Effect of exchange rate on cash and cash equivalents (18) 22
Net decrease in cash and cash equivalents (8,688) (8,903)
Cash and cash equivalents, beginning of period 25,280 29,145
Cash and cash equivalents, end of period 16,592 20,242
Supplemental disclosure:    
Income taxes paid $ 309 $ 114