XML 36 R26.htm IDEA: XBRL DOCUMENT v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Summary of Cash, Cash Equivalents and Restricted Cash A reconciliation of the Company’s cash, cash equivalents and restricted cash as of June 30, 2025 and 2024, is presented below.

 

 

June 30,

 

 

2025

 

2024

Cash

 

$

102,076

 

$

47,837

Cash equivalents

 

 

119,642

 

 

102,597

Restricted cash

 

 

798

 

 

809

Total cash, cash equivalents, and restricted cash shown in the statement of cash flows

 

$

222,516

 

$

151,243

Summary of Credit Loss Allowance Activity

The following tables summarize credit loss allowance activity for the three and six months ended June 30, 2025 and 2024:

 

Three Months Ended June 30, 2025

 

Three Months Ended June 30, 2024

 

Accounts Receivable

 

Accounts Receivable

 

Short-term Receivables

 

Private Capital Advisory Receivables

 

Total

 

Short-term Receivables

 

Private Capital Advisory Receivables

 

Total

Beginning Balance

$

1,977

 

$

29

 

$

2,006

 

$

1,920

 

$

35

 

$

1,955

Bad Debt Expense (benefit)

 

(143)

 

 

(9)

 

 

(152)

 

 

702

 

 

 

 

702

Write-offs, foreign currency translation and other adjustments

 

(95)

 

 

 

 

(95)

 

 

(371)

 

 

 

 

(371)

Ending Balance

$

1,739

 

$

20

 

$

1,759

 

$

2,251

 

$

35

 

$

2,286

 

 

Six Months Ended June 30, 2025

 

Six Months Ended June 30, 2024

 

Accounts Receivable

 

Accounts Receivable

 

Short-term Receivables

 

Private Capital Advisory Receivables

 

Total

 

Short-term Receivables

 

Private Capital Advisory Receivables

 

Total

Beginning balance

$

1,642

 

$

24

 

$

1,666

 

$

1,221

 

$

42

 

$

1,263

Bad debt expense (benefit)

 

240

 

 

(4)

 

 

236

 

 

1,674

 

 

(7)

 

 

1,667

Write-offs, foreign currency translation and other adjustments

 

(143)

 

 

 

 

(143)

 

 

(644)

 

 

 

 

(644)

Ending balance

$

1,739

 

$

20

 

$

1,759

 

$

2,251

 

$

35

 

$

2,286