v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2026
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Income Statement [Abstract]        
Revenue $ 52,496 $ 59,600 $ 109,452 $ 124,300
Costs, expenses and other:        
Cost of revenue 15,786 18,038 31,311 36,256
Sales and marketing 13,759 19,888 27,529 43,373
General and administrative 23,979 7,945 36,099 24,729
Product development 10,385 13,843 22,565 29,877
Depreciation and amortization expense 5,184 5,758 10,296 11,576
Impairment of goodwill 51,826 0 51,826 0
Restructuring costs (723) 561 (723) 1,866
Total costs, expenses and other 120,196 66,033 178,903 147,677
Loss from operations (67,700) (6,433) (69,451) (23,377)
Other income (expense), net:        
Interest expense (8,490) (7,866) (16,742) (15,344)
Interest income 381 1,493 884 2,950
Gain on troubled debt restructuring 2,191 0 2,191 0
Other income (expense), net 1,518 (2,520) 2,516 5,967
Total other expense (4,400) (8,893) (11,151) (6,427)
Loss before provision for income taxes (72,100) (15,326) (80,602) (29,804)
Provision for income taxes 457 384 782 39
Net loss $ (72,557) $ (15,710) $ (81,384) $ (29,843)
Net loss per share of common stock:        
Basic (in dollars per share) | (per share) $ (5.94) $ (2.50) $ (6.70) $ (4.82)
Diluted (in dollars per share) | (per share) $ (6.11) $ (2.50) $ (6.87) $ (5.61)
Weighted average shares outstanding:        
Basic (in shares) | shares 12,217,384 6,276,556 12,139,509 6,191,117
Diluted (in shares) | shares 12,230,954 6,276,556 12,155,211 6,354,437