v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating activities        
Net income (loss) $ (1,946) $ 12,096 $ (11,478) $ (4,450)
Less: Net loss from discontinued operations 490 122 (1,765) (5,679)
Net income (loss) from continuing operations (2,436) 11,974 (9,713) 1,229
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Stock-based compensation     19,791 21,477
Depreciation and amortization     4,417 2,088
Amortization of deferred contract costs 200 500 1,019 1,175
Amortization of operating lease right-of-use assets     335 350
Gain on investment in equity securities     0 16,580
Equity in losses of equity method investees, net of tax 0 0 719 0
Other     676 (355)
Changes in operating assets and liabilities:        
Trade and other receivables     (1,752) 2,225
Prepaid expenses and other assets, current and non-current     (4,940) (4,291)
Deferred contract costs, non-current     (653) (268)
Accounts payable     (679) (848)
Deferred revenue     7,746 5,194
Accrued compensation     1,048 966
Operating lease liabilities     (327) (2,633)
Other liabilities, current and non-current     (710) 1,773
Net cash provided by operating activities - continuing operations     16,977 11,502
Net cash used in operating activities - discontinued operations     (835) (1,528)
Net cash provided by operating activities     16,142 9,974
Investing activities        
Purchases of marketable securities     (6,927) (30,490)
Sale of available-for-sale securities     0 20,827
Maturities of marketable securities     8,000 44,227
Additions to property, equipment and internal-use software development costs     (2,711) (10,034)
Investment in non-marketable equity securities     0 (4,000)
Net cash provided by (used in) investing activities - continuing operations     (1,638) 20,530
Net cash provided by (used in) investing activities - discontinued operations     1,624 (182)
Net cash provided by (used in) investing activities     (14) 20,348
Financing activities        
Proceeds from exercises of stock options, including early exercises, net of repurchases     96 1,505
Taxes paid related to net share settlement of equity awards     (3,340) (7,388)
Share repurchases     (37,241) (9,143)
Net cash used in financing activities     (40,485) (15,026)
Effect of exchange rates on cash, cash equivalents, and restricted cash     (31) 0
Net increase (decrease) in cash, cash equivalents, and restricted cash     (24,388) 15,296
Cash, cash equivalents, and restricted cash at beginning of period     46,998 49,537
Cash, cash equivalents, and restricted cash at end of period 22,610 64,833 22,610 64,833
Less: Cash, cash equivalents and restricted cash included in current assets held for sale from discontinued operations 0 4,789 0 4,789
Cash, cash equivalents and restricted cash, end of period, excluding current assets held for sale from discontinued operations 22,610 60,044 22,610 60,044
Reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets:        
Cash and cash equivalents 20,675 55,021 20,675 55,021
Restricted cash 1,935 5,023 1,935 5,023
Total cash, cash equivalents, and restricted cash 22,610 60,044 22,610 60,044
Cash paid for income taxes        
Total income taxes paid, net     297 200
Supplemental disclosure of non-cash operating, investing and financing activities:        
Reclassification of redeemable noncontrolling interest related to discontinued operations to equity     0 52,675
Operating lease liabilities arising from obtaining new or modified right-of-use assets     760 1,584
Stock-based compensation included in capitalized internal-use software development costs 100 600 330 2,836
Accretion of redeemable noncontrolling interest related to discontinued operations to redemption value 0 0 0 1,254
Accretion of Series A redeemable convertible preferred stock to redemption value $ 5,131 $ 4,558 14,789 13,136
Consideration receivable in connection with the sale of title assets     52 0
Capitalized internal-use software development costs included in accrued compensation     105 253
Additions to property, equipment and internal-use software development costs included in accrued expenses and accounts payable     82 0
Texas        
Cash paid for income taxes        
State and local     80 64
India        
Cash paid for income taxes        
Foreign     $ 217 $ 136