v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock-based Compensation
Stock-based compensation recorded in the condensed consolidated statements of operations was as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Platform operations$955 $998 $1,643 $1,890 
Sales and marketing3,304 1,819 5,707 3,319 
Technology and development2,467 1,037 3,443 1,795 
General and administrative3,224 2,489 5,734 4,978 
Total$9,950 $6,343 $16,527 $11,982 
Summary of RSU Activity
The following summarizes RSU activity:
Number of Shares
(in thousands)
Weighted-Average
Grant Date Fair Value
RSUs outstanding as of December 31, 20253,953 $11.25 
Granted5,396 11.95 
Vested(1,700)9.98 
Canceled/forfeited(143)11.00 
RSUs outstanding as of June 30, 20267,506 $12.04 
Summary of Nonqualified Stock Option Activity
The following summarizes NQSO activity:
Number of Options
(in thousands)
Weighted-Average
Exercise Price
Weighted-Average
Remaining Contractual Term
(years)
Aggregate Intrinsic Value
(in thousands)(1)
NQSOs outstanding as of December 31, 20254,362 $6.03 6.7$26,288 
Granted— — 
Exercised(179)5.60 
Canceled(1)6.00 
Expired— — 
NQSOs outstanding as of June 30, 20264,182$6.05 6.2$27,710 
Vested and exercisable4,032 $5.93 6.2$27,182 
Class of Treasury Stock
Shares of Class A common stock and Class B units repurchased by the Company under the stock repurchase program were as follows (in thousands):
Three Months Ended
June 30, 2026
Six Months Ended
June 30, 2026
Shares
Amount
Shares
Amount
Class A common stock repurchases— $— 94 $987 
Class B unit repurchases— — — — 
Total repurchases— $— 94 $987 
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity
The following summarizes PSU activity:
Number of Shares
(in thousands)
Weighted-Average
Grant Date Fair Value
PSUs outstanding as of December 31, 2025— $— 
Granted487 12.32 
Vested— — 
Canceled/forfeited— — 
PSUs outstanding as of June 30, 2026487 $12.32