v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 150,636 $ 168,682
Accounts receivable, net of allowance of $5,103 and $5,530, respectively 99,744 105,369
Prepaid wires, net 16,130 59,497
Prepaid expenses and other current assets 19,227 19,611
Total current assets 285,737 353,159
Property and equipment, net 60,074 57,149
Goodwill 53,986 53,986
Intangible assets, net 23,353 25,404
Other assets 26,491 27,993
Total assets 449,641 517,691
Current liabilities:    
Accounts payable 21,728 15,317
Wire transfers and money orders payable, net 85,007 87,540
Accrued and other liabilities 39,096 38,100
Total current liabilities 145,831 140,957
Long-term liabilities:    
Debt, net 113,814 194,825
Lease liabilities, net 15,513 15,483
Deferred tax liability, net 4,933 5,372
Total long-term liabilities 134,260 215,680
Commitments and contingencies, see Note 17
Stockholders’ equity:    
Preferred stock $0.0001 par value; 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock $0.0001 par value; 200,000,000 shares authorized, 41,166,291 and 40,682,683 shares issued and 30,202,723 and 29,719,115 shares outstanding as of June 30, 2026 and December 31, 2025, respectively 4 4
Additional paid-in capital 92,037 87,835
Retained earnings 294,857 290,141
Accumulated other comprehensive (loss) income (318) 104
Treasury stock, at cost; 10,963,568 shares as of both June 30, 2026 and December 31, 2025, respectively (217,030) (217,030)
Total stockholders’ equity 169,550 161,054
Total liabilities and stockholders’ equity $ 449,641 $ 517,691