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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 43,961 $ 65,594
Accounts receivable and contract assets, net 85,496 103,252
Other receivables 5,908 3,801
Prepaid expenses and other assets 5,345 5,336
Total current assets 140,710 177,983
Long-term assets:    
Property and equipment, net 2,206 2,596
Right-of-use assets under operating leases, net 5,328 6,341
Intangible assets, net 7,007 11,371
Goodwill 110,305 159,429
Capitalized software development costs, net 25,595 33,341
Other long-term assets, net 1,656 1,650
Total assets 292,807 392,711
Current liabilities:    
Accounts payable 3,613 3,689
Accrued liabilities:    
Accrued compensation 7,295 5,494
Accrued expenses 7,474 7,175
Partner Share liability 22,153 32,479
Consumer Incentive liability 32,109 45,513
Short-term debt 46,070 45,863
Deferred revenue and other liabilities 3,372 2,154
Current operating lease liabilities 1,617 2,025
Current contingent consideration 0 4,563
Total current liabilities 123,703 148,955
Long-term liabilities:    
Convertible senior notes, net 168,570 167,729
Long-term operating lease liabilities 5,176 6,034
Long-term deferred revenue 62 0
Total liabilities 297,511 322,718
Stockholders’ equity:    
Common stock, $0.0001 par value—100,000 shares authorized, 53,806 and 51,257 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 10 10
Additional paid-in capital 1,393,138 1,366,958
Accumulated Other Comprehensive Income (Loss), Net of Tax (2,038) 3,601
Accumulated deficit (1,395,814) (1,300,576)
Total stockholders’ (deficit) equity (4,704) 69,993
Total liabilities and stockholders’ equity $ 292,807 $ 392,711