v3.26.1
Segment Data
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Data Segment Data
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance.
The Company has determined that its Chief Executive Officer (“CEO”) is its CODM. The Company manages its operations as a single segment for the purpose of assessing and making operating decisions. The Company’s CODM allocates resources and assesses performance based upon financial information at the consolidated level. The accounting policies of the Company's single segment are the same as those described in the summary of significant accounting policies. The inter-companies balances and transactions are eliminated.
As the Company operates and reports in a single reportable segment, the Company's CODM assesses performance for the segment and decides how to allocate resources based on net income that also is reported on the income statement as consolidated net income. The measure of segment assets is reported on the balance sheet as total consolidated assets.
The CODM uses net income and other performance indicators to evaluate income generated from segment assets (return on assets) in deciding whether to reinvest profits into the segment or into other parts of the entity, such as for acquisitions. Net income is also used to monitor budget versus actual results.
The Company manages the business activities on a consolidated basis. The Company's operating segment provides technology-enabled services and software products to its customers. The Company’s revenue consists of fees for its software products and services. The revenue is primarily generated from Americas. See item (i) - Revenue recognition under Note 2. “Summary of Significant Accounting Policies", for a description of the Company’s revenue categories.
The following table summarizes revenue by geographic area for the three and six months ended June 30, 2026 and 2025:
THREE MONTHS ENDED
JUNE 30,		SIX MONTHS ENDED
JUNE 30,
2026202520262025
(In thousands)
Revenue(1):
Americas$62,110 $63,128 $122,255 $124,534 
EMEA20,701 21,125 46,256 43,966 
Asia Pacific10,460 8,103 18,852 15,955 
Total$93,271 $92,356 $187,363 $184,455 
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(1)    Revenue is attributable to the countries based on the location of the customer.

The following table presents information about reported segment revenue, segment profit or loss, and significant segment expenses.
THREE MONTHS ENDED
JUNE 30,		SIX MONTHS ENDED
JUNE 30,
2026202520262025
 (In thousands)
Revenues$93,271 $92,356 $187,363 $184,455 
Less:
Employee expense-non equity55,993 53,979 111,368 107,194 
Equity-based compensation expense6,094 8,245 13,414 15,315 
Equipment and software expense4,919 4,251 9,552 7,809 
Direct cost of revenues2,082 1,972 4,006 3,689 
Professional services expense8,447 6,650 15,662 13,266 
Change in fair value of contingent consideration— (5,722)7,230 (5,901)
Depreciation and amortization16,329 15,733 32,342 31,271 
Other segment expense (income)*808 (1,924)153 (3,380)
Interest expense4,987 4,802 9,928 9,608 
Income tax expense (benefit)(307)2,874 1,614 2,583 
Segment net income (loss) from continuing operations$(6,081)$1,496 $(17,906)$3,001 
Reconciliation of profit or loss
Adjustments and reconciling items— — — — 
Consolidated net income (loss) from continuing operations$(6,081)$1,496 $(17,906)$3,001 
* Other segment expense (income) items included in segment net income include facilities related expense, marketing, travel, insurance, foreign currency exchange gains and losses, and other overhead expense.