v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (81,265) $ (69,156)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Gain on repurchase of long-term debt 0 (1,225)
Depreciation and amortization of property and equipment 4,091 4,896
Amortization of capitalized software development costs 4,689 4,775
Amortization of intangible assets 26,201 21,539
Amortization of discount on marketable securities (286) (721)
Stock-based compensation 4,431 6,731
Non-cash operating lease expense 6,543 5,198
Provision for credit losses 4,758 1,464
Amortization of debt discount and issuance costs 2,273 14,087
Deferred income taxes (4,661) (31,847)
Impairment of intangible assets 0 15,614
Unrealized foreign currency transaction losses 2,153 4,145
Other 18 25
Changes in operating assets and liabilities:    
Accounts receivable 51,818 38,572
Prepaid expenses and other current assets 16,616 13,344
Accounts payable, accrued expenses and other current liabilities (58,244) (2,150)
Operating lease liabilities (6,646) (5,426)
Deferred revenue 93 (2,850)
Other non-current assets and liabilities 1,706 7,063
Net cash (used in) provided by operating activities (25,712) 24,078
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of a business, net of cash acquired 0 (598,319)
Purchases of property and equipment (1,841) (4,064)
Capitalized software development costs (10,356) (7,105)
Purchases of marketable securities (13,081) (16,603)
Proceeds from sales and maturities of marketable securities 20,739 77,221
Other 422 1
Net cash used in investing activities (4,117) (548,869)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the Bridge Facility 0 625,000
Repayments of borrowings under the Bridge Facility 0 (625,000)
Proceeds from senior secured notes 0 625,305
Partial repayment of long-term debt 0 (7,674)
Payments of deferred financing and debt issuance costs (763) (30,801)
Payment of stock issuance costs 0 (775)
Treasury stock repurchases and share withholdings on vested awards (113) (553)
(Repayments of) proceeds from bank overdrafts, net (10,232) 51
Net cash (used in) provided by financing activities (11,108) 585,553
Effect of exchange rate changes 199 147
Net (decrease) increase in cash, cash equivalents and restricted cash (40,738) 60,909
Cash, cash equivalents and restricted cash — Beginning 129,700 89,725
Cash, cash equivalents and restricted cash — Ending 88,962 150,634
RECONCILIATION OF CASH, CASH EQUIVALENTS, AND RESTRICTED CASH    
Cash and cash equivalents 88,016 149,449
Restricted cash, included in other assets 946 1,185
Total cash, cash equivalents, and restricted cash 88,962 150,634
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Income tax (refunds) payments, net (8,117) 13,014
Cash paid for interest 32,158 2,095
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Stock consideration issued for acquisition of a business 0 262,938
Purchases of property and equipment included in accounts payable 11 1,405
Operating lease right-of-use assets obtained in exchange for lease obligations 2,036 13,614
Stock-based compensation capitalized for software development costs 239 328
Unpaid deferred financing costs in accounts payable and accrued expenses $ 0 $ 242