v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
OPERATING ACTIVITIES:              
Net loss $ (72,557) $ (8,827) $ (15,710) $ (14,133) $ (81,384) $ (29,843)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:              
Stock-based compensation expense         4,599 8,969  
Depreciation and amortization expense         9,952 11,165  
Change in operating lease right-of-use assets         39 (25)  
Amortization of purchased intangible assets and finance leases         344 411  
Amortization of debt issuance costs and accretion of debt discount         4,156 3,727  
Impairment of goodwill 51,826   0   51,826 0  
Gain on troubled debt restructuring (2,191)   0   (2,191) 0  
Gain on change in fair value of warrants (1,900)   (3,000)   (2,999) (5,825) $ (13,202)
Non-cash interest expense         8,165 7,653  
Allowance for credit losses         2,121 (185) 866
Deferred income taxes         6 165  
Changes in operating assets and liabilities:              
Accounts receivable         7,290 5,720  
Prepaid expenses and other assets         (883) (25,345)  
Contract acquisition costs         5,803 4,175  
Accounts payable, accrued expenses and other current liabilities         11,439 6,399  
Deferred revenue         (7,485) (2,136)  
Other liabilities         (12) 203  
Net cash provided by (used in) operating activities         10,786 (14,772)  
INVESTING ACTIVITIES:              
Purchases of property and equipment, including capitalized internal-use software development costs         (5,152) (6,895)  
Purchases of intangible assets         (461) (1,052)  
Net cash used in investing activities         (5,613) (7,947)  
FINANCING ACTIVITIES:              
Proceeds from issuance of common stock in connection with the exercise of options and employee stock purchase plan         179 471  
Principal payments for finance leases         0 (27)  
Repayments of Convertible Debt         (2,963) 0  
Net cash (used in) provided by financing activities         (2,784) 444  
Effect of foreign exchange rate changes on cash and cash equivalents         (722) 1,001  
Net increase (decrease) in cash and cash equivalents         1,667 (21,274)  
Cash and cash equivalents - beginning of year   $ 95,004   $ 183,237 95,004 183,237 183,237
Cash and cash equivalents - end of period $ 96,671   $ 161,963   96,671 161,963 $ 95,004
Supplemental Cash Flow Information [Abstract]              
Cash paid for income taxes, net         1,278 197  
Cash paid for interest         4,854 4,531  
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]              
Purchase of property and equipment and intangible assets recorded in accounts payable         $ 316 $ 539