v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income $ 4,576,000 $ 4,653,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,262,000 6,779,000
Change in fair value of warrant liability (195,000) (390,000)
Change in tax receivable agreement liability 0 1,090,000
Amortization of right-of-use lease assets 1,180,000 1,290,000
Gain on sale of domain name (1,000,000) 0
Stock-based compensation 2,523,000 4,818,000
Loss contingency (2,205,000) 2,324,000
Other reconciling items included in net income (119,000) 0
Provision for credit losses 8,030,000 1,082,000
Changes in operating assets and liabilities:    
Accounts receivable (12,192,000) (2,624,000)
Prepaid expenses and other current assets 2,011,000 635,000
Other assets (438,000) 475,000
Accounts payable and accrued expenses 67,000 (1,418,000)
Deferred revenue 310,000 (220,000)
Operating lease liabilities (1,892,000) (1,769,000)
Net cash provided by operating activities 6,918,000 16,725,000
Cash flows from investing activities    
Capitalized software and expenditures (7,274,000) (6,493,000)
Purchase of marketable securities (13,472,000) 0
Proceeds from sale of marketable securities 13,591,000 0
Proceeds from sale of domain name 1,000,000 0
Net cash used in investing activities (6,155,000) (6,493,000)
Cash flows from financing activities    
Distributions 0 (1,916,000)
Proceeds from repayment of related party note 89,000 92,000
Tax receivable agreement payment (2,659,000) (1,422,000)
Taxes paid related to net share settlement of equity awards (95,000) (1,000)
Net cash used in financing activities (2,665,000) (3,247,000)
Net increase (decrease) in cash (1,902,000) 6,985,000
Cash – beginning of period 62,401,000 51,966,000
Cash – end of period 60,499,000 58,951,000
Supplemental disclosures of cash flow information    
Cash paid for income taxes 134,000 76,000
Supplemental disclosures of noncash investing and financing activities    
Stock-based compensation capitalized for software development 22,000 487,000
Accrued distribution included in accounts payable and accrued expenses 0 103,000
Capitalized assets included in accounts payable and accrued expenses $ 799,000 $ 845,000