Segment Data (Tables)

6 Months Ended

Jun. 30, 2026

The following table presents the operating financial results of our single reportable segment, including revenue, significant expenses regularly provided to the CODM, and net loss:


	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2026			2025			2026			2025
Revenue	$	55,195		$	60,750		$	111,124		$	119,941
Total cost of revenue		14,654			14,137			28,933			29,568
Sales and marketing		19,158			20,469			38,736			41,122
Product development		6,756			7,968			13,255			17,269
General and administrative		10,806			12,673			22,890			24,942
Other segment items, net (1)(2)		11,618			14,312			210,896			181,828
Benefit from (provision for) income taxes		345			(456	)		3,780			10,430
Net loss	$	(7,452	)	$	(9,265	)	$	(199,806	)	$	(164,358	)

(1)

For the three months ended June 30, 2026, other segment items, net includes a TRA remeasurement gain of $0.1 million, depreciation and amortization expense of $8.5 million, interest expense of $2.6 million, interest income of $1.3 million, transaction, integration, and restructuring expenses of $2.0 million, and a net foreign currency transaction gain of $0.3 million. For the three months ended June 30, 2025, other segment items, net includes a tax receivable agreement remeasurement loss of $2.9 million, depreciation and amortization expense of $9.0 million, interest expense of $3.0 million, interest income of $1.7 million, transaction, integration, and restructuring expenses of $0.7 million, and net foreign currency transaction losses of $0.5 million.

(2)

For the six months ended June 30, 2026, other segment items, net includes a goodwill impairment charge of $197.2 million, a TRA remeasurement gain of $6.6 million, depreciation and amortization expense of $16.9 million, interest expense of $5.3 million, interest income of $2.6 million, transaction, integration, and restructuring expenses of $1.3 million, and a net foreign currency transaction gain of $0.6 million. For the six months ended June 30, 2025, other segment items, net includes a goodwill impairment charge of $176.5 million, a tax receivable agreement remeasurement gain of $17.8 million, depreciation and amortization expense of $17.5 million, interest expense of $5.4 million, interest income of $3.8 million, transaction integration, and restructuring expenses of $1.9 million, net foreign currency transaction losses of $1.5 million, and a loss on the partial extinguishment of debt of $0.5 million.