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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 32,151 $ 43,952
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,031 1,362
Impairment of property and equipment, net 380 0
Stock-based compensation 5,698 5,464
Change in fair value of contingent consideration (1,441) 764
Deferred taxes 1,651 1,254
Unrealized gains on foreign currency 0 (64)
Other gains (1,908) 0
Noncash lease expense 2,545 1,015
Changes in operating assets and liabilities:    
Accounts receivable (2,192) 53
Related party receivables and payables 1,308 2,200
Prepaid expenses 2,764 1,041
Other current assets and other assets 419 525
Deferred contract acquisition costs 16,645 32,919
Trade and other payables (1,374) 3,167
Accrued expenses (184) (29,317)
Deferred revenue (33,107) (86,852)
Operating lease liabilities (2,937) (710)
Other current and long-term liabilities (1,874) 921
Net cash provided by (used in) operating activities 19,575 (22,306)
Cash flows from investing activities:    
Purchases of property and equipment (163) (29)
Capitalized software development costs (398) (719)
Net cash used in investing activities (561) (748)
Cash flows from financing activities:    
Proceeds from issuance of common stock 283 213
Repurchases of stock (1,851) (10,803)
Restricted stock units withheld to pay taxes (583) (1,172)
Dividends paid to Class A shareholders (2,758) (724)
Distributions to noncontrolling interests (42,869) (10,237)
Net cash used in financing activities (47,778) (22,723)
Effect of exchange rate changes on cash 0 (55)
Net decrease in cash, cash equivalents and restricted cash (28,764) (45,832)
Cash, cash equivalents and restricted cash — beginning of period 97,876 155,174
Cash, cash equivalents and restricted cash — end of period $ 69,112 $ 109,342