v3.26.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating revenues:        
Revenues $ 197,704 $ 150,725 $ 526,911 $ 390,461
Operating expenses:        
Provision for credit losses 36,549 29,846 91,953 65,744
Processing and servicing costs 12,832 9,404 32,691 23,561
Financial network and transaction costs 10,383 7,378 26,102 21,644
Advertising and activation costs 27,959 18,911 62,577 46,297
Compensation and benefits 43,296 24,842 106,625 78,523
Technology and infrastructure 4,487 3,192 11,733 8,812
Other operating expenses 14,181 11,254 35,406 23,751
Total operating expenses 149,687 104,827 367,087 268,332
Other (income) expenses:        
Interest income (2,196) (294) (4,348) (1,313)
Interest expense 2,062 1,789 5,811 5,324
Changes in fair value of earnout liabilities (8,467) (4,841) (415) 2,655
Changes in fair value of warrant liabilities (17,881) (9,186) (554) 11,657
Total other (income) expense, net (26,482) (12,532) 494 18,323
Net income before provision for income taxes 74,499 58,430 159,330 103,806
Provision (benefit) for income taxes 10,712 (33,642) 30,920 (26,118)
Net income $ 63,787 $ 92,072 $ 128,410 $ 129,924
Net income per share:        
Basic $ 5 $ 6.84 $ 9.9 $ 9.76
Diluted $ 3.3 $ 6.34 $ 9.13 $ 8.96
Weighted-average shares used to compute net income per share        
Basic 12,763,674 13,457,671 12,970,111 13,317,504
Diluted 13,921,273 14,525,301 13,997,781 14,492,827
Service based revenue, net [Member]        
Operating revenues:        
Revenues $ 186,349 $ 139,229 $ 493,983 $ 358,673
Transaction based revenue, net [Member]        
Operating revenues:        
Revenues $ 11,355 $ 11,496 $ 32,928 $ 31,788