Accrued Expenses and Other Current Liabilities (Tables)

6 Months Ended

Jun. 30, 2026

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following (in thousands):


			June 30, 2026						December 31, 2025

Accrued expenses:
Accrued expenses			$	29,532					$	38,255
Accrued salaries and benefits			6,429						3,454
Accrued severance			18						—
Accrued loss contingencies			1,102						970
Total accrued expenses			37,081						42,679

Other current liabilities:
Payable to Issuing Bank(1)			20,529						12,787
Current lease liabilities			6,583						6,807
Commissions to NFT artists payable			4,011						6,451
Other current liabilities			10,267						1,253

Unearned advisory fee revenue			612						6,031
Crypto asset collateral payable			480						904
Derivative liabilities			182						82
Total other current liabilities			42,664						34,315
Total accrued expenses and other current liabilities			$	79,745					$	76,994
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(1) Represents amounts owed to the Issuing Bank for credit card receivables purchased under the credit card program agreement. See Note 22. Commitments and Contingencies.