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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 8,294 $ 8,471
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,847 9,641
Change in fair value of warrant liability 0 (195)
Change in tax receivable agreement liability (460) 1,486
Amortization of right-of-use lease assets 1,894 3,284
Stock-based compensation 6,369 7,172
Loss contingency 2,324 0
Provision (recovery) for credit losses 2,618 (295)
Gain on lease termination 0 (109)
Changes in operating assets and liabilities:    
Accounts receivable (3,268) 3,546
Prepaid expenses and other current assets (798) (439)
Other assets 450 1,029
Accounts payable and accrued expenses (1,154) (1,169)
Deferred revenue (319) (153)
Operating lease liabilities (2,655) (4,994)
Net cash provided by operating activities 23,142 27,275
Cash flows from investing activities    
Capitalized software and expenditures (9,359) (9,499)
Net cash used in investing activities (9,359) (9,499)
Cash flows from financing activities    
Distributions to non-controlling interests (1,916) (7,250)
Proceeds from repayment of related party note 183 286
Tax receivable agreement payment (1,422) (116)
Taxes paid related to net share settlement of equity awards (3) (3)
Net cash used in financing activities (3,158) (7,083)
Net increase in cash 10,625 10,693
Cash – beginning of period 51,966 34,350
Cash – end of period 62,591 45,043
Supplemental disclosures of noncash investing and financing activities    
Stock-based compensation capitalized for software development 645 829
Remeasurement of lease liabilities and right-of-use assets due to lease modification 0 3,348
Capitalized assets included in accounts payable and accrued expenses $ 1,005 $ 560