v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting The table below presents adjusted cost of revenue and each adjusted operating expense as well as the items excluded from each adjusted measure for the three and six months ended June 30, 2026 and 2025 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(dollars in thousands)
Revenue$42,713 $36,298 $81,379 $70,911 
Adjusted cost of revenue8,414 7,454 16,343 14,747 
Adjusted research and development(1)
7,518 8,565 15,728 16,895 
Adjusted sales and marketing7,781 8,325 15,063 15,751 
Adjusted general and administrative(1)
6,202 5,310 11,304 10,522 
Depreciation4,033 3,102 7,783 8,353 
Amortization(2)
2,859 2,372 5,702 4,885 
Stock-based compensation(3)
8,759 7,304 15,471 14,663 
Restructuring costs(4)
1,321 (66)3,512 (66)
Other segment items(1)(5)
915 1,029 1,709 1,582 
Net loss and comprehensive loss$(5,089)$(7,097)$(11,236)$(16,421)
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(1) To conform to the current period’s presentation, $0.1 million of litigation settlement costs that were previously presented within “Adjusted general and administrative” expense, and a nominal amount of impairment of long-lived assets that were previously presented within “Adjusted research and development” expense, have each been reclassified to “Other segment items” for both the three and six months ended June 30, 2025.
(2) $0.1 million and $0.3 million of amortization expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.
(3) $0.4 million and $0.6 million of stock-based compensation expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.
(4) To conform to current period presentation, nominal amounts of restructuring charges that were previously included in adjusted cost of revenue and adjusted operating expenses are presented in "Restructuring costs" for the three and six months ended June 30, 2025.
(5) Other segment items include investment income, interest expense, foreign exchange (gain) loss, impairment of long-lived assets, litigation settlement costs, and income tax provision.