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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 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)September 30, 2024December 31, 2023
Cash and cash equivalents
Cash$103,643 $37,143 
Money market funds2,161 40 
Cash held on behalf of customers15,266 10,170 
Total cash and cash equivalents and cash held on behalf of customers$121,070 $47,353 
Schedule of Short-Term Investment
The carrying value of investment securities consist of the following:

(in thousands)September 30, 2024December 31, 2023
Short-term investments
Treasury bills and notes$11,985 $37,194 
Short-term deposits593 — 
Total short-term investments$12,578 $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 September 30,Nine Months Ended
September 30,
(in thousands)2024202320242023
Amortization of deferred implementation costs$1,569 $1,271 $4,612 $3,409 
Amortization of deferred commissions430 226 1,235 617