v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net loss $ (19,356) $ (22,565)
Adjustments to reconcile net loss to net cash used in operating activities:    
Credit loss expense 771 1,833
Depreciation and amortization 8,479 12,566
Amortization of financing costs charged to interest expense 657 804
Amortization of right-of-use assets 630 1,274
Loss (gain) on divestiture (13,858)  
Gain on divestiture 0 (5,150)
Stock-based compensation expense 7,183 16,195
Change in contingent consideration 0 (102)
Loss on investments 2,387 0
Other non-cash expense (income), net 1,583 (8,076)
Change in operating assets and liabilities:    
Accounts receivable and contracts assets, net 13,217 10,165
Prepaid expenses and other assets 570 (1,625)
Accounts payable (2,164) (1,837)
Other accrued expenses 2,258 920
Partner Share liability (6,278) (5,913)
Consumer Incentive liability (10,318) (4,174)
Net cash used in operating activities (14,239) (5,481)
Investing activities    
Acquisition of property and equipment (30) (441)
Capitalized software development costs (4,379) (8,320)
Proceeds from sale of marketable securities, net 23,029 0
Proceeds from sale of marketable securities, net 0 200
Net cash provided by (used in) investing activities 18,620 (8,561)
Financing activities    
Proceeds from issuance of debt 5,000 0
Settlement of contingent consideration 0 (5,000)
Principal payment of debt (30,070) 0
Debt issuance costs (30) (93)
Net cash used in financing activities (25,100) (5,093)
Effect of exchange rates on cash and cash equivalents 39 286
Net decrease in cash and cash equivalents (20,680) (18,849)
Cash and cash equivalents — Beginning of period 48,719 65,594
Cash and cash equivalents — End of period 28,039 46,745
Supplemental disclosure of cash flow information:    
Cash paid for interest 4,578 3,941
Amounts accrued for capitalized software development costs $ 36 $ 134