v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES:    
Net loss $ (1,198) $ (667)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,128 2,168
Stock-based compensation 4,036 3,046
Amortization of debt issuance costs 635 611
Changes in:    
Accounts receivable 12,956 4,700
Prepaid expenses and other assets (81) (958)
Accounts payable (313) (174)
Revenue share payable (2,273) (2,462)
Accrued expenses and other liabilities (6,190) 4,138
Operating lease liabilities (2) 9
Deferred tax liabilities (184) (1,033)
Taxes receivable and payable (1,576) (964)
Deferred revenue 206 11
NET CASH PROVIDED BY OPERATING ACTIVITIES 8,144 8,425
INVESTING ACTIVITIES:    
Purchases of property and equipment (56) (37)
Capitalized software development costs 0 (91)
NET CASH USED IN INVESTING ACTIVITIES (56) (128)
FINANCING ACTIVITIES:    
Cash paid for employee withholding taxes related to the vesting of restricted stock units (63) (92)
Proceeds from term loan, net of issuance costs 24,298 0
Repayment of long-term debt (31,603) (5,000)
NET CASH USED IN FINANCING ACTIVITIES (7,368) (5,092)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 11 0
NET INCREASE IN CASH AND CASH EQUIVALENTS 731 3,205
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 23,365 13,380
CASH AND CASH EQUIVALENTS - END OF PERIOD 24,096 16,585
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 1,566 3,409
Cash paid for income taxes $ 1,223 $ 1,087