v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue $ 213,941 $ 193,703 $ 418,133 $ 376,400
Operating expenses:        
Operations and technology 46,944 45,801 93,414 89,991
Selling, general, and administrative 53,781 52,972 110,019 111,990
Depreciation and amortization 12,036 10,897 23,956 21,438
Total operating expenses 219,987 200,898 433,415 398,026
Loss from operations (6,046) (7,195) (15,282) (21,626)
Other (expense) income:        
Interest income 1,591 2,152 3,285 4,041
Interest expense (3,221) (2,286) (6,041) (4,196)
Total other (expense) income (1,630) (134) (2,756) (155)
Loss before income taxes (7,676) (7,329) (18,038) (21,781)
Provision for (benefit from) income taxes 551 (31) 1,081 334
Net loss $ (8,227) $ (7,298) $ (19,119) $ (22,115)
Weighted-average shares - basic (in shares) 171,038 170,472 172,190 169,415
Weighted-average shares - diluted (in shares) 171,038 170,472 172,190 169,415
Net loss per share - basic (in dollars per share) $ (0.05) $ (0.04) $ (0.11) $ (0.13)
Net loss per share - diluted (in dollars per share) $ (0.05) $ (0.04) $ (0.11) $ (0.13)
Marketplace and service        
Revenue:        
Total revenue $ 189,247 $ 175,995 $ 371,457 $ 341,932
Operating expenses:        
Cost of revenue (excluding depreciation & amortization) 85,504 74,319 165,324 143,721
Customer assurance        
Revenue:        
Total revenue 24,694 17,708 46,676 34,468
Operating expenses:        
Cost of revenue (excluding depreciation & amortization) $ 21,722 $ 16,909 $ 40,702 $ 30,886