v3.26.3
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets, Current [Abstract]    
Cash and cash equivalents $ 149,889 $ 186,612
Accounts receivable, less allowances of $908 and $2,494, respectively 221,517 208,709
Prepaid expenses and other current assets 6,025 12,604
Total current assets 377,431 407,925
Property and equipment, less accumulated depreciation of $5,248 and $3,029, respectively 22,723 23,434
Capitalized software development costs, less accumulated amortization of $31,504 and $24,165, respectively 29,990 24,193
Equity investment 4,531 4,531
Deferred tax assets, net 48,994 54,850
Operating lease assets 9,678 9,901
Other long-term assets 758 1,077
Total assets 494,105 525,911
Current liabilities:    
Accounts payable 7,767 10,840
Due to third-party publishers 130,091 107,601
Accrued expenses 22,461 19,614
Other current liabilities 1,253 1,249
Total current liabilities 225,643 207,760
Long-term liabilities:    
Operating lease liabilities, long-term 24,852 25,501
Unrecognized tax benefits, long-term 5,292 4,999
Total liabilities 255,787 238,260
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 100,000,000 shares authorized and zero shares issued and outstanding as of September 30, 2026, and December 31, 2025 0 0
Treasury stock, value (350,488) (267,575)
Additional paid-in capital 740,731 692,097
Accumulated deficit (151,925) (136,871)
Total stockholders' equity 238,318 287,651
Total liabilities and stockholders' equity 494,105 525,911
Common Class A    
Stockholders’ equity:    
Common stock, value, issued 0 0
Common Class B    
Stockholders’ equity:    
Common stock, value, issued 0 0
Deferred revenue    
Current liabilities:    
Deferred revenue 2,448 2,935
User redemption liability 2,448 2,935
User redemption liability    
Current liabilities:    
Deferred revenue 61,623 65,521
User redemption liability $ 61,623 $ 65,521