Stockholders' Equity

6 Months Ended

Jun. 30, 2025

Stockholders' Equity Note [Abstract]

Stockholders' Equity

NOTE 10. Stockholders’ Equity

Share repurchase plan

On November 13, 2024, the Company’s Board of Directors authorized a new stock repurchase and withholding program (the “2024 SRP”) of up to $100,000 in the aggregate for (i) repurchases of the Company’s outstanding shares of Class A Common Stock through December 31, 2026 and (ii) the withholding of shares as an alternative to market sales by certain executives and other employees to satisfy tax withholding requirements upon vesting of restricted stock awards (the “RSA Withholding Program”). The 2024 SRP supplements the Company’s prior stock repurchase program authorized in 2022.

During the three and six months ended June 30, 2025, the Company repurchased 2,673,451 and 4,290,076 shares of Class A Common Stock, respectively, for a value of $32,048 and $57,059, respectively. The Company had an unsettled amount of $873 related to repurchases during the year ended December 31, 2024, which was subsequently paid by the Company during the six months ended June 30, 2025. As of June 30, 2025, $26,944 remained available for purchases under this discretionary plan.

Issuance of Class A Common Stock

During the six months ended June 30, 2025, the Company issued 197,028 shares of Class A Common Stock valued at $3,667 and 50,736 shares of Class A Common Stock valued at $667 for the earn-out payment related to its Apptness and ArcaMax acquisitions, respectively.