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Related Party Transactions
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions 12. Related Party Transactions
Commercial Transactions with Sponsor Portfolio Companies
For both the three and six months ended June 30, 2026, the Company received nil, compared to $0.7 million and $1.5 million for the three and six months ended June 30, 2025, respectively, from affiliates of the Company’s private-equity sponsors for advertising services. All such amounts are included in revenue on the condensed consolidated statements of operations.
Advisory Services from Sponsor Portfolio Companies
For both the three and six months ended June 30, 2026, the Company paid $0.9 million to affiliates of the Company’s private-equity sponsors for advisory services directly related to the Company’s IPO. Such costs were initially recorded against IPO proceeds upon the completion of the IPO and were reimbursed to the Company by the underwriters, resulting in no impact to the Company’s condensed consolidated financial statements.
Underwriting of IPO
An affiliate of the Company’s private-equity sponsor underwrote 2.7 million of the 21.9 million shares of common stock sold in the IPO, with underwriting discounts and commissions of $3.8 million ($1.38 per share) paid by the Company with respect to the shares sold by them during the three months ended June 30, 2026.