XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.25.2

Revenue (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Revenue Recognized on a Net Basis and on a Gross Basis | The following table presents the Company's revenue recognized on a net basis and on a gross basis for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (in thousands, except percentages)
Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net basis | $ | 154,518 |  |  | 89 | % |  | $ | 137,104 |  |  | 84 | % |  | $ | 292,592 |  |  | 89 | % |  | $ | 258,196 |  |  | 83 | %
Gross basis | 18,814 |  |  | 11 |  |  | 25,776 |  |  | 16 |  |  | 36,511 |  |  | 11 |  |  | 54,003 |  |  | 17 |
Total | $ | 173,332 |  |  | 100 | % |  | $ | 162,880 |  |  | 100 | % |  | $ | 329,103 |  |  | 100 | % |  | $ | 312,199 |  |  | 100 | %
Summary of Disaggregation of Revenue | The following table presents the Company's revenue by channel for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (in thousands, except percentages)
Channel: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CTV | $ | 82,397 |  |  | 48 | % |  | $ | 77,769 |  |  | 48 | % |  | $ | 154,946 |  |  | 47 | % |  | $ | 150,361 |  |  | 48 | %
Mobile | 64,175 |  |  | 37 | % |  | 58,604 |  |  | 36 | % |  | 122,636 |  |  | 37 |  |  | 112,557 |  |  | 36 |
Desktop | 26,760 |  |  | 15 | % |  | 26,507 |  |  | 16 | % |  | 51,521 |  |  | 16 |  |  | 49,281 |  |  | 16 |
Total | $ | 173,332 |  |  | 100 | % |  | $ | 162,880 |  |  | 100 | % |  | $ | 329,103 |  |  | 100 | % |  | $ | 312,199 |  |  | 100 | %
The following table presents the Company's revenue disaggregated by geographic location, based on the location of the Company's sellers for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (in thousands, except percentages)
United States | $ | 132,411 |  |  | 76 | % |  | $ | 123,363 |  |  | 76 | % |  | $ | 249,195 |  |  | 76 | % |  | $ | 236,775 |  |  | 76 | %
International | 40,921 |  |  | 24 |  |  | 39,517 |  |  | 24 | % |  | 79,908 |  |  | 24 |  |  | 75,424 |  |  | 24 |
Total | $ | 173,332 |  |  | 100 | % |  | $ | 162,880 |  |  | 100 | % |  | $ | 329,103 |  |  | 100 | % |  | $ | 312,199 |  |  | 100 | %
Accounts Receivable, Allowance for Credit Loss | The following is a summary of activity in the allowance for doubtful accounts for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended |  | Six Months Ended
| June 30, 2025 |  | June 30, 2024 |  | June 30, 2025 |  | June 30, 2024
| (in thousands) |  | (in thousands)
Allowance for doubtful accounts, beginning balance | $ | 2,582 |  |  | $ | 2,467 |  |  | $ | 2,902 |  |  | $ | 20,363 |
Write-offs | (50) |  |  | (423) |  |  | (160) |  |  | (18,934) |
Increase in provision for expected credit losses | 598 |  |  | 609 |  |  | 388 |  |  | 1,224 |
Allowance for doubtful accounts, ending balance | $ | 3,130 |  |  | $ | 2,653 |  |  | $ | 3,130 |  |  | $ | 2,653 |

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-18 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-20 + Details
Name: | us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration