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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 35,673 $ 48,719
Marketable securities 24,130 0
Accounts receivable and contract assets, net 63,076 82,458
Other receivables 2,674 2,474
Prepaid expenses and other assets 2,966 3,213
Current assets of discontinued operations 0 415
Total current assets 128,519 137,279
Long-term assets:    
Property and equipment, net 1,743 1,931
Right-of-use assets under operating leases, net 4,403 4,723
Goodwill 110,305 110,305
Capitalized software development costs, net 17,779 19,005
Other long-term assets, net 1,160 1,235
Noncurrent assets of discontinued operations 0 11,163
Total assets 263,909 285,641
Current liabilities:    
Accounts payable 2,600 2,655
Accrued liabilities:    
Accrued compensation 4,572 6,038
Accrued expenses 9,918 7,125
Partner Share liability 17,470 24,792
Consumer Incentive liability 20,586 32,144
Deferred revenue and other liabilities 2,738 2,541
Current operating lease liabilities 1,467 1,438
Current liabilities of discontinued operations 0 1,657
Total current liabilities 59,351 78,390
Long-term liabilities:    
Convertible senior notes, net 169,131 168,850
Lines of credit 35,070 40,070
Long-term operating lease liabilities 4,360 4,748
Long-term liabilities of discontinued operations 0 91
Total liabilities 267,912 292,149
Stockholders’ deficit:    
Common stock, $0.0001 par value—100,000 shares authorized and 55,071 and 54,514 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively. 10 10
Additional paid-in capital 1,405,063 1,399,542
Accumulated Other Comprehensive Income (Loss), Net of Tax (532) (1,996)
Accumulated deficit (1,408,544) (1,404,064)
Total stockholders’ deficit (4,003) (6,508)
Total liabilities and stockholders’ deficit $ 263,909 $ 285,641