v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net revenue $ 23,317 $ 22,135 $ 45,705 $ 44,680
Cost of revenue 6,086 6,237 11,809 12,460
Gross profit 17,231 15,898 33,896 32,220
Operating expenses:        
Sales and marketing 5,385 8,142 11,670 17,258
Technology development 6,322 5,902 12,504 11,514
General and administrative 6,658 6,606 13,501 13,558
Provision for transaction losses 929 965 1,603 1,862
Total operating expenses 19,294 21,615 39,278 44,192
Loss from operations (2,063) (5,717) (5,382) (11,972)
Other income, net:        
Interest income 711 989 1,558 2,088
Other, net 363 434 665 788
Total other income, net 1,074 1,423 2,223 2,876
Net loss before income taxes (989) (4,294) (3,159) (9,096)
Provision for income taxes (34) (19) (38) (23)
Net loss $ (1,023) $ (4,313) $ (3,197) $ (9,119)
Net loss per share—basic (in dollars per share) $ (0.03) $ (0.12) $ (0.09) $ (0.26)
Net loss per share—diluted (in dollars per share) $ (0.03) $ (0.12) $ (0.09) $ (0.26)
Weighted average common shares outstanding—basic (in shares) 34,451,624 35,820,053 35,404,060 35,697,350
Weighted average common shares outstanding—diluted (in shares) 34,451,624 35,820,053 35,404,060 35,697,350