Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net revenue $ 54,992 $ 59,338 $ 113,402 $ 122,047
Operating expenses:        
Cost of revenue [1] 10,821 14,563 22,866 30,342
Selling and marketing 15,323 13,108 36,348 26,277
Research and development 15,145 14,214 29,869 27,888
General and administrative 8,754 11,345 18,190 23,206
Depreciation and amortization 9,709 9,535 19,542 19,167
Restructuring and related 4,789 60 9,441 1,395
Total operating costs and expenses 64,541 62,825 136,256 128,275
Loss from operations (9,549) (3,487) (22,854) (6,228)
Other income (expense), net:        
Change in fair value of contingent consideration (2,480) 169 300 (156)
Interest income, net 634 946 1,356 1,852
Other loss, net (397) (367) (660) (739)
Total other (loss) income, net (2,243) 748 996 957
Loss before income taxes (11,792) (2,739) (21,858) (5,271)
Income tax expense (1,482) (209) (2,092) (557)
Net loss $ (13,274) $ (2,948) $ (23,950) $ (5,828)
Net loss per share attributable to Class A and Class B common stockholders:        
Basic (USD per share) $ (0.10) $ (0.02) $ (0.19) $ (0.05)
Diluted (USD per share) $ (0.10) $ (0.02) $ (0.19) $ (0.05)
Weighted average shares of common stock outstanding:        
Basic (shares) 127,617 125,448 127,638 125,351
Diluted (shares) 127,617 125,448 127,638 125,351
[1] Amounts exclude depreciation and amortization.