Related-Party Transactions

6 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

Related-Party Transactions

Related-Party Transactions

For the three months ended June 30, 2024 and 2023, the Company recorded $0.3 million and less than $0.1 million, respectively, within operating expenses on the unaudited condensed consolidated statements of operations and comprehensive income (loss) for payments made to Vouched, a related-party company that provides identity verification services. For the six months ended June 30, 2024 and 2023, the Company recorded $1.5 million and $1.0 million, respectively, for payments made to Vouched.

In addition, for the three and six months ended June 30, 2023, the Company recorded $1.2 million and $2.2 million, respectively, within operating expenses on the unaudited condensed consolidated statements of operations and comprehensive income (loss) for payments made to Terminal, Inc., a former related-party company that provides professional services to the Company, primarily to support engineering and operations functions. As of January 1, 2024, Terminal, Inc. was no longer considered a related party.