v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net loss $ (4,446) $ (12,625)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 1,113 1,272
Stock-based compensation expense 8,765 10,838
Provision for transaction losses, returns and refunds 619 453
Non-cash operating lease expense 2,930 2,742
Accretion of discounts and amortization of premiums on short-term investments, net 9 (353)
Other, net 581 15
Changes in operating assets and liabilities:    
Accounts receivable (443) (435)
Prepaid expenses and other current assets (1,270) (1,758)
Receivables from payment processors and seller accounts (9,433) (837)
Other assets 664 (27)
Accounts payable and accrued expenses 670 (1,070)
Payables due to sellers 2,177 (1,510)
Operating lease liabilities (3,310) (3,119)
Other current liabilities and other liabilities 940 (293)
Net cash used in operating activities (434) (6,707)
Cash flows from investing activities:    
Maturities of short-term investments 41,529 55,800
Sales of short-term investments 9,006 988
Purchases of short-term investments (27,787) (51,909)
Purchases of property and equipment (868) (677)
Net cash provided by investing activities 21,880 4,202
Cash flows from financing activities:    
Proceeds from exercise of stock options 44 0
Payments for repurchase of common stock (20,730) (1,794)
Payments for taxes related to net share settlement of stock-based compensation awards (3,574) (1,982)
Net cash used in financing activities (24,260) (3,776)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (62) 294
Net decrease in cash, cash equivalents, and restricted cash (2,876) (5,987)
Cash, cash equivalents, and restricted cash at beginning of the period 26,584 29,621
Cash, cash equivalents, and restricted cash at end of the period 23,708 23,634
Supplemental disclosure of non-cash activities:    
Recording of right of use asset 0 698
Recording of lease liability $ 0 $ (698)