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Related Party Transaction
6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 12 – RELATED PARTY TRANSACTIONS

Prior to the acquisition of DataSense, the Company was a party to consulting and software development services agreements with DataSense. The Company’s co-founder and chief executive officer, Thomas Shea, is the father of Andrew Shea, who was the chief executive officer and an equity holder in DataSense. The Company held an equity method investment in DataSense that was immaterial as of December 31, 2023. The Company paid $0.8 million and $0.5 million for the three months ended June 30, 2024 and 2023, respectively, and $1.9 million and $0.8 million for the six months ended June 30, 2024 and 2023, respectively, under the consulting and software development services agreements with DataSense, which are included in the Company’s research and development expenses. There were no outstanding amounts due to or from DataSense as of June 30, 2024 or December 31, 2023.

Refer to Note 3, Business Combinations, for further details on the acquisition of DataSense.