| Summary of Segment Reporting Financial Information, by Segment |
The following table presents selected financial information with respect to the Company’s single operating segment:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
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2026 |
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2025 |
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2026 |
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2025 |
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Total Revenue |
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$ |
44,232 |
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$ |
48,863 |
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$ |
89,167 |
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$ |
97,855 |
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Costs and Expenses: |
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Cost of revenue |
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15,314 |
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13,875 |
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29,296 |
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26,485 |
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General and administrative |
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12,565 |
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4,771 |
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21,482 |
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11,039 |
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Marketing expense |
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2,221 |
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2,182 |
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4,427 |
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4,519 |
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Employee-related costs |
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13,840 |
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12,795 |
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26,625 |
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25,460 |
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Depreciation and amortization |
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|
747 |
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|
849 |
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1,523 |
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1,695 |
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Other (income) expense, net |
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3,624 |
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4,690 |
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3,452 |
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(3,075 |
) |
Income tax expense |
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296 |
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2,150 |
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958 |
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3,766 |
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Other segment items(1) |
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3,053 |
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3,626 |
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6,156 |
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8,202 |
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Net income (loss) |
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$ |
(7,428 |
) |
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$ |
3,925 |
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$ |
(4,752 |
) |
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$ |
19,764 |
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(1)Other segment items include other operating and maintenance costs and outsourcing costs, such as rent, utilities, merchant fees, contract labor and consulting fees.
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