v3.26.1
SEGMENT REPORTING (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Revenue, Significant Segment Expenses
The following table presents revenue, significant segment expenses provided to the CODM, and net loss for our consolidated segment (amounts in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026
2025
20262025
Revenue$17,369 $8,512 $39,248 $17,046 
Cost of revenue (1)
11,993 5,996 29,084 9,654 
Gross profit5,376 2,516 10,164 7,392 
Non-personnel operating costs (2)
13,509 7,573 23,455 14,860 
Salaries and wages (3)
10,189 8,629 19,931 17,541 
Stock-based compensation4,366 8,984 11,419 18,260 
Depreciation, amortization, and accretion (excluding amounts included in cost of revenue) 1,919 473 4,142 778 
Interest expense4,192 2,516 7,658 2,611 
Interest income(704)(312)(1,272)(627)
Provision for income taxes855 2,073 856 2,456 
Other segment items (4)
742 7,512 6,152 7,619 
Net loss$(29,692)$(34,932)$(62,177)$(56,106)
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(1) Includes depreciation and amortization expense of $1.3 million and $2.6 million for the three and six months ended June 30, 2026, respectively.
(2) Represents sales and marketing, research and development, and general and administrative expenses, excluding personnel related costs.
(3) Represents the costs of employees’ salaries, benefits, and payroll taxes that are reported within sales and marketing, research and development, and general and administrative expenses in the condensed consolidated statements of operations and comprehensive loss. This amount excludes stock-based compensation expense.
(4) Represents certain other segment items that are not deemed significant segment expenses and primarily consists of provision for credit losses, change in fair value of financial instruments carried at fair value, and other income/expense items.