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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents and Cash Held on Behalf of Customers
Cash and cash equivalents and cash held on behalf of customers consist of the following:

(in thousands)June 30, 2024December 31, 2023
Cash and cash equivalents
Cash$55,806 $37,143 
Money market funds59,122 40 
Cash held on behalf of customers12,804 10,170 
Total cash and cash equivalents and cash held on behalf of customers$127,732 $47,353 
Schedule of Short-Term Investment
The carrying value of investment securities consist of the following:

(in thousands)June 30, 2024December 31, 2023
Short-term investments
Treasury bills and notes$27,527 $37,194 
Total short-term investments$27,527 $37,194 
Schedule of Amortization Expense for Deferred Implementation Costs and Deferred Commissions
The following table summarizes amortization expense for deferred implementation costs and deferred commissions:
Three Months Ended June 30,Six Months Ended
June 30,
(in thousands)2024202320242023
Amortization of deferred implementation costs$1,549 $1,143 $3,044 $2,137 
Amortization of deferred commissions411 206 804 391