v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Reconciliation of Adjusted Basis Net Profit (Loss)
The reconciliation of reportable segment Adjusted Basis Net Profit (Loss) to the consolidated totals are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Total net revenue for reportable segment (a)
$86,211 $85,848 $173,757 $174,760 
Adjustment to total net revenue for reportable segment (b)
15,406 (19,625)20,122 (31,199)
Variable expense (c)
(8,479)(4,891)(15,016)(10,575)
Revenue share expense (c)
(12,548)(9,347)(26,108)(18,066)
Direct marketing (c)
(34,314)(11,350)(60,627)(24,638)
Compensation and outside labor (c)
(21,040)(19,259)(43,200)(38,572)
Other overhead (c)
(2,210)(3,823)(7,345)(11,157)
Corporate allocations (c)
(817)(4,081)(2,050)(8,002)
Reportable segment Adjusted Net Profit (Loss)22,209 13,472 39,533 32,551 
Reconciliation of Adjusted Net Profit (Loss) to consolidated income before income taxes:
Corporate and all other Adjusted Net Profit (Loss)(15,368)(8,048)(29,064)(11,808)
Adjustment to total net revenue (b)
(14,814)22,247 (19,150)35,216 
Stock-based compensation expense (d)
(2,915)(2,557)(5,122)(5,698)
Deferred contract acquisition costs (e)
8,216 (8,445)11,428 (16,644)
Depreciation and amortization (f)(g)
(527)(472)(1,006)(949)
Other (h)
415 (274)105 1,134 
Consolidated (loss) income before income taxes$(2,784)$15,923 $(3,276)$33,802 
(a)total net revenue for reportable segment is in accordance with GAAP
(b)subscription revenue, revenue share and other income are generally recognized on a cash basis under Adjusted Basis, rather than deferred and recognized over the subscription term or when earned in accordance with ASC 606
(c)amounts represent Adjusted Basis
(d)amounts represent stock-based compensation expense
(e)costs to obtain a contract are expensed under Adjusted Basis, rather than capitalized as deferred contract acquisition costs and subsequently amortized in accordance with ASC 340
(f)certain operating leases are recognized on a cash basis under Adjusted Basis, rather than initially recognizing right-of-use assets and lease liabilities, which are subsequently amortized over the lease term in accordance with ASC 842
(g)certain intangible assets arising from business combinations are not recognized upon acquisition and subsequently amortized in accordance with ASC 805 under Adjusted Basis
(h)other line includes various items that are recognized differently under Adjusted Basis, software development and implementation related costs, including implementation costs of cloud computing arrangements, employee benefit related items, gain on lease termination, change in fair value of contingent consideration, and certain tax related items.
Schedule of Reconciliation of Reportable Segment Revenues
The reconciliation of reportable segment revenues to the consolidated totals are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Total net revenue for reportable segment$86,211 $85,848 $173,757 $174,760 
Corporate and all other(10,403)(5,898)(20,920)(11,303)
Consolidated total net revenue$75,808 $79,950 $152,837 $163,457