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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net income $ 2,494,000 $ 1,959,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,321,000 2,937,000
Change in fair value of warrant liability 0 850,000
Change in tax receivable agreement liability 545,000 543,000
Amortization of right-of-use lease assets 643,000 1,188,000
Stock-based compensation 2,194,000 2,819,000
Provision (recovery) for credit losses 314,000 (658,000)
Changes in operating assets and liabilities:    
Accounts receivable (935,000) 3,923,000
Prepaid expenses and other current assets (582,000) (673,000)
Other assets 67,000 36,000
Accounts payable and accrued expenses (1,133,000) (3,661,000)
Deferred revenue (404,000) (132,000)
Operating lease liabilities (860,000) (1,729,000)
Net cash provided by operating activities 5,664,000 7,402,000
Cash flows from investing activities    
Capitalized software and expenditures (3,650,000) (4,540,000)
Net cash used in investing activities (3,650,000) (4,540,000)
Cash flows from financing activities    
Distributions (704,000) (1,589,000)
Proceeds from repayment of related party note 0 96,000
Taxes paid related to net share settlement of equity awards (1,000) (2,000)
Net cash used in financing activities (705,000) (1,495,000)
Net increase in cash 1,309,000 1,367,000
Cash – beginning of period 51,966,000 34,350,000
Cash – end of period 53,275,000 35,717,000
Supplemental disclosures of noncash investing and financing activities    
Stock-based compensation capitalized for software development 263,000 356,000
Capitalized assets included in accounts payable and accrued expenses $ 449,000 $ 455,000