CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2026	Sep. 30, 2025
Cash flows from operating activities
Net income (loss)	$ (6,599)	$ 119,524
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation of property and equipment	17	87
Amortization of platform development and intangible assets	5,977	6,389
Amortization of debt costs	39	95
Liquidated damages	228	228
Stock-based compensation	129	414
Deferred income taxes	72	70
Provision for credit losses	(19)	219
Other Noncash Income (Expense)	(68)	0
Other, net	(24)	2
Change in operating assets and liabilities:
Accounts receivable	4,640	4,695
Prepayments and other current assets	2,073	(1,165)
Other long-term assets	10	11
Accounts payable	916	(4,627)
Accrued expenses and other	(2,551)	(52,999)
Unearned revenue	(2,451)	(46,622)
Subscription and returns reserve liability	(203)	(612)
Operating lease liability	0	422
Net cash provided by operating activities	2,186	26,131
Payments to Acquire Property, Plant, and Equipment	970	0
Cash flows from investing activities
Purchases of intangible assets	(450)	(1,000)
Capitalized platform development	(769)	(6,291)
Net cash used in investing activities	(2,189)	(7,291)
Cash flows from financing activities
Repayment of Simplify loan	0	(10,651)
Payments of Debt Issuance Costs	200	0
Payments of taxes from common stock withheld	0	(28)
Net cash used in financing activities	(200)	(10,679)
Net change in cash and cash equivalents	(203)	8,161
Cash and cash equivalents — beginning of year	10,338	4,362
Cash and cash equivalents — end of period	10,135	12,523
Supplemental disclosures of cash flow information
Cash paid for interest	7,409	8,722
Cash paid for income taxes	351	517
Noncash investing and financing activities
Reclassification of stock-based compensation to platform development	$ 0	$ 25