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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables set forth significant expense categories and other specified amounts included in consolidated net income that are otherwise regularly provided to the CODM for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Revenue | $ | 194,939 |  |  | $ | 193,129 |  |  | $ | 387,645 |  |  | $ | 384,066 |
Cost of revenue (1) | 40,470 |  |  | 41,590 |  |  | 79,672 |  |  | 83,498 |
Research and development (1) | 36,529 |  |  | 42,935 |  |  | 75,073 |  |  | 87,594 |
Sales and marketing (1) | 34,664 |  |  | 43,931 |  |  | 68,414 |  |  | 88,837 |
General and administrative (1)(2)(3) | 24,446 |  |  | 22,064 |  |  | 47,386 |  |  | 47,276 |
Provision for transaction losses | 1,769 |  |  | 1,774 |  |  | 4,028 |  |  | 2,701 |
Stock-based compensation expense | 15,977 |  |  | 19,238 |  |  | 28,249 |  |  | 36,180 |
Depreciation and amortization | 5,879 |  |  | 3,629 |  |  | 10,740 |  |  | 6,775 |
Interest income | (6,722) |  |  | (6,173) |  |  | (13,820) |  |  | (13,858) |
Interest expense | 686 |  |  | 691 |  |  | 1,372 |  |  | 1,384 |
Income tax provision | 5,717 |  |  | 1,181 |  |  | 12,994 |  |  | 2,510 |
Other segment items (4)(5) | 2,798 |  |  | 49 |  |  | 3,081 |  |  | 507 |
Segment net income | $ | 32,726 |  |  | $ | 22,220 |  |  | $ | 70,456 |  |  | $ | 40,662 |
(1) For all periods presented, excludes stock-based compensation and depreciation and amortization included in cost of revenue, research and development, sales and marketing, and general and administrative expenses, as these amounts are regularly provided to the CODM. (2) For all periods presented, excludes expenses related to the warrant to purchase 500,000 shares of the Company’s common stock at an exercise price of $0.01 per share issued to the Tides Foundation in 2018, which is referred to as the Tides Foundation Warrant. (3) For the three and six months ended June 30, 2025, excludes acquisition-related costs. (4) For the three and six months ended June 30, 2025 and 2024, the Company incurred $0.2 million and $0.4 million, respectively, of expenses related to the Tides Foundation Warrant. (5) For each of the three and six months ended June 30, 2025, the Company incurred acquisition-related costs of $2.5 million in connection with the Company’s business combinations. These costs primarily consist of legal, accounting, and other professional fees, and are recorded in general and administrative expenses in the condensed consolidated statements of operations.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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