v3.26.3
Segment Data
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Data Segment Data
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance.
The Company has determined that its Chief Executive Officer (“CEO”) is its CODM. The Company manages its operations as a single segment for the purpose of assessing and making operating decisions. The Company’s CODM allocates resources and assesses performance based upon financial information at the consolidated level. The accounting policies of the Company's single segment are the same as those described in the summary of significant accounting policies. The intercompany balances and transactions are eliminated.
As the Company operates and reports in a single reportable segment, the Company's CODM assesses performance for the segment and decides how to allocate resources based on net income that also is reported on the income statement as consolidated income from continuing operations. The measure of segment assets is reported on the balance sheet as total consolidated assets.
The CODM uses net income and other performance indicators to evaluate income generated from segment assets (return on assets) in deciding whether to reinvest profits into the segment or into other parts of the entity, such as for acquisitions. Net income is also used to monitor budget versus actual results.
The Company manages the business activities on a consolidated basis. The Company's operating segment provides technology-enabled services and software products to its customers. The Company’s revenue consists of fees for its software products and services. The revenue is primarily generated from Americas. See item (i) -
Revenue recognition under Note 2. “Summary of Significant Accounting Policies", for a description of the Company’s revenue categories.
The following table summarizes revenue by geographic area for the three and nine months ended September 30, 2026 and 2025:
THREE MONTHS ENDED
SEPTEMBER 30,		NINE MONTHS ENDED
SEPTEMBER 30,
2026202520262025
(In thousands)
Revenue(1):
Americas$66,795 $62,098 $189,050 $186,632 
EMEA18,552 20,309 64,808 64,275 
Asia Pacific9,554 8,480 28,406 24,435 
Total$94,901 $90,887 $282,264 $275,342 
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(1)    Revenue is attributable to the countries based on the location of the customer.

The following table presents information about reported segment revenue, segment profit or loss, and significant segment expenses.
THREE MONTHS ENDED
SEPTEMBER 30,		NINE MONTHS ENDED
SEPTEMBER 30,
2026202520262025
 (In thousands)
Revenues$94,901 $90,887 $282,264 $275,342 
Less:
Employee expense-non equity57,860 52,961 169,228 160,155 
Equity-based compensation expense6,016 9,574 19,430 24,889 
Equipment and software expense5,344 3,999 14,896 11,808 
Direct cost of revenues1,998 1,647 6,004 5,336 
Professional services expense6,154 6,042 21,816 19,308 
Change in fair value of contingent consideration— 2,689 7,230 (3,212)
Depreciation and amortization16,317 15,543 48,659 46,814 
Other segment expense*(2,646)(2,745)(2,493)(6,125)
Interest expense5,038 5,011 14,966 14,619 
Income tax expense2,399 1,004 4,013 3,587 
Segment net income from continuing operations$(3,579)$(4,838)$(21,485)$(1,837)
Reconciliation of profit or loss
Adjustments and reconciling items— — — — 
Consolidated net income from continuing operations$(3,579)$(4,838)$(21,485)$(1,837)
* Other segment expense (income) items included in segment net income include facilities related expense, marketing, travel, insurance, foreign currency exchange gains and losses, and other overhead expense.