v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Commission $ 189,562 $ 88,849 $ 382,661 $ 183,737
Total revenue 189,562 88,849 382,661 183,737
Costs and expenses:        
Sales and marketing 128,086 51,748 272,193 108,131
General and administrative 23,910 8,147 204,554 21,543
Technology (exclusive of amortization) 13,871 7,284 40,934 16,942
Cost of revenue 4,026 1,422 7,256 2,997
Depreciation and amortization 1,550 1,406 2,919 2,743
Total costs and expenses 171,443 70,007 527,856 152,356
Income (loss) from operations 18,119 18,842 (145,195) 31,381
Other income (expense):        
Interest expense (616) (646) (1,278) (1,619)
Interest income 1,765 1,549 3,142 3,062
Other income, net 52 26 105 58
Total other income, net 1,201 929 1,969 1,501
Net income (loss) before income tax expense 19,320 19,771 (143,226) 32,882
Income tax expense (benefit) 211 (1,302) (3,634) (2,166)
Net income (loss) 19,531 18,469 (146,860) 30,716
Deemed dividend on the conversion of Series D and D1 redeemable convertible preferred stock 0 0 (5,642) 0
Net income (loss) attributable to common stockholders $ 19,531 $ 18,469 $ (152,502) $ 30,716
Per share data:        
Basic net income (loss) per share $ 0.31 $ 1.12 $ (2.73) $ 1.87
Diluted net income (loss) per share $ 0.3 $ 0.31 $ (2.73) $ 0.52
Weighted-average shares used in computing basic net income (loss) per share 63,480 16,544 55,805 16,402
Weighted-average shares used in computing diluted net income (loss) per share 65,645 58,794 55,805 58,778