v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating activities        
Net loss $ (1,483) $ (6,847) $ (9,532) $ (16,546)
Less: Net loss from discontinued operations 329 (2,998) (2,255) (5,801)
Net loss from continuing operations (1,812) (3,849) (7,277) (10,745)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Stock-based compensation     13,758 13,678
Depreciation and amortization     2,851 1,047
Amortization of deferred contract costs 300 400 792 746
Amortization of operating lease right-of-use assets     210 199
Equity in losses of equity method investees, net of tax 338 0 719 0
Other     622 (316)
Changes in operating assets and liabilities:        
Trade and other receivables     (5,663) (506)
Prepaid expenses and other assets, current and non-current     379 (719)
Deferred contract costs, non-current     212 (531)
Accounts payable     (1,440) (419)
Deferred revenue     12,098 12,352
Accrued compensation     (987) (684)
Operating lease liabilities     (206) (1,921)
Other liabilities, current and non-current     132 2,204
Net cash provided by operating activities - continuing operations     16,200 14,385
Net cash used in operating activities - discontinued operations     (921) (771)
Net cash provided by operating activities     15,279 13,614
Investing activities        
Purchases of marketable securities     (4,966) (23,749)
Sale of available-for-sale securities     0 859
Maturities of marketable securities     8,000 27,727
Additions to property, equipment and internal-use software development costs     (1,942) (7,912)
Investment in non-marketable equity securities     0 (4,000)
Net cash provided by (used in) investing activities - continuing operations     1,092 (7,075)
Net cash provided by (used in) investing activities - discontinued operations     1,110 (120)
Net cash provided by (used in) investing activities     2,202 (7,195)
Financing activities        
Proceeds from exercises of stock options, including early exercises, net of repurchases     96 793
Taxes paid related to net share settlement of equity awards     (2,064) (5,502)
Share repurchases     (37,241) (4,118)
Net cash used in financing activities     (39,209) (8,827)
Effect of exchange rates on cash, cash equivalents, and restricted cash     (24) 0
Net decrease in cash, cash equivalents, and restricted cash     (21,752) (2,408)
Cash, cash equivalents, and restricted cash at beginning of period     46,998 49,537
Cash, cash equivalents, and restricted cash at end of period 25,246 47,129 25,246 47,129
Less: Cash, cash equivalents and restricted cash included in current assets held for sale from discontinued operations 0 5,607 0 5,607
Cash, cash equivalents and restricted cash, end of period, excluding current assets held for sale from discontinued operations 25,246 41,522 25,246 41,522
Reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets:        
Cash and cash equivalents 23,311 36,499 23,311 36,499
Restricted cash 1,935 5,023 1,935 5,023
Total cash, cash equivalents, and restricted cash 25,246 41,522 25,246 41,522
Cash paid for income taxes        
Total income taxes paid, net     191 332
Supplemental disclosure of non-cash investing and financing activities:        
Reclassification of redeemable noncontrolling interest related to discontinued operations to equity     0 52,675
Operating lease liabilities arising from obtaining new or modified right-of-use assets     760 1,640
Stock-based compensation included in capitalized internal-use software development costs 100 1,100 238 2,345
Accretion of redeemable noncontrolling interest related to discontinued operations to redemption value 0 0 0 1,254
Accretion of Series A redeemable convertible preferred stock to redemption value $ 4,927 $ 4,376 9,658 8,578
Consideration receivable in connection with the sale of title assets     389 0
Capitalized internal-use software development costs included in accrued compensation     58 201
Texas        
Cash paid for income taxes        
State and local     80 64
India        
Cash paid for income taxes        
Foreign     $ 111 $ 268