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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 9,348 $ 6,126
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,597 5,197
Share-based compensation expense 4,286 3,423
Write-off of long-lived assets 1 2
Provision for bad debts 367 274
Noncash lease expenses 259 257
Deferred income tax expense 1,967 1,187
Changes in assets and liabilities:    
Accounts receivable (2,574) (2,024)
Prepaid expenses and other current assets (78) (510)
Other noncurrent assets 102 (162)
Accounts payable (488) (293)
Accrued expenses and other current liabilities (1,587) (863)
Deferred revenue 167 94
Operating lease liabilities (145) (220)
Net cash provided by operating activities 17,222 12,488
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (168) (252)
Capitalized costs included in intangible assets (6,803) (4,984)
Net cash used in investing activities (6,971) (5,236)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Taxes paid related to net share settlement of vesting of restricted stock units (714) (727)
Repurchases of common stock (3,122) 0
Dividend payable 0 (4,181)
Net cash used in financing activities (3,836) (4,908)
Net increase in cash and cash equivalents 6,415 2,344
Cash and cash equivalents at beginning of period 43,557 36,504
Cash and cash equivalents at end of period 49,972 38,848
SUPPLEMENTAL DISCLOSURE INFORMATION    
Cash paid for interest 0 0
Cash paid for income taxes 531 681
Share-based compensation capitalized in intangible assets 888 752
Related treasury stock cost 3,836 727
Right-of-use assets obtained in exchange of operating lease liabilities [1] $ 0 $ 1,153
[1] The New Seattle Lease resulted in the recognition of $1,153 in right-of-use assets obtained in exchange for operating lease liabilities as of May 1, 2025. The Company applied a 6.0% discount rate, its estimated incremental borrowing rate for similar secured assets, to determine the present value of the lease payments, as the implicit rate in the lease is not readily determinable. The discount rate was based on information available as of the lease commencement date.