Classification of operating expenses by nature

6 Months Ended

Jun. 30, 2026

Analysis of income and expense [abstract]

Classification of operating expenses by nature

Details of classification of expenses by nature for the three and six months ended June 30, 2026 and 2025 are as follows (in thousands):


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025
Personnel expenses	$	5,790	$	5,034	$	12,221	$	12,962
Depreciation and amortization	2,270		885		4,486		1,714
Depreciation of right-of-use assets	483		293		973		576
Taxes and dues	7,767		4,383		11,706		8,282
Fees and commissions	27,685		27,555		56,156		55,255
Advertising expenses	11,749		11,442		26,849		23,982
Other expenses	2,041		2,907		4,002		3,580
Total (1)	$	57,785	$	52,499	$	116,393	$	106,351

(1)Represents the sum of cost of revenue, sales and marketing, research and development, and general and administrative expenses as included in the consolidated interim statement of comprehensive income.