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Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2025

Balance Sheet Related Disclosures [Abstract]

Schedule of Cash and Cash Equivalents

The following table reconciles cash and cash equivalents, restricted cash, and funds held in escrow that are restricted as reported in the condensed consolidated balance sheets as of June 30, 2025 and December 31, 2024 to the total of the same amounts shown in the condensed consolidated statement of cash flows for the six months ended June 30, 2025:

(In thousands)			June 30, 2025						December 31, 2024
Cash and cash equivalents			$	291,070					$	305,757
Restricted cash			3,800						4,100
Funds held in escrow, including funds in transit			212,033						195,736
Total cash, cash equivalents, and restricted cash as shown in the condensed consolidated statement of cash flows			$	506,903					$	505,593

Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following as of the dates presented:

(In thousands)			June 30, 2025						December 31, 2024
Internal-use software and platform development			$	69,092					$	59,815
Computer equipment and software			6,926						6,817
Leasehold improvements			7,515						6,025
Office furniture and fixtures			1,057						1,755
Total property and equipment			84,590						74,412
Less: accumulated depreciation			(46,481)						(44,356)
Property and equipment, net			$	38,109					$	30,056

Schedule of Finite-Lived Intangible Assets

The carrying value of intangible assets was as follows as of the dates presented:

			June 30, 2025																		December 31, 2024
(In thousands)			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Developed technology			$	11,000					$	2,139					$	8,861					$	11,000					$	305					$	10,695
Assembled workforce			3,188						2,524						664						3,188						1,727						1,461
Customer relationships			1,000						1,000						—						1,000						167						833
Total			$	15,188					$	5,663					$	9,525					$	15,188					$	2,199					$	12,989

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following as of the dates presented:

(In thousands)			June 30, 2025						December 31, 2024
Accrued compensation and related benefits			$	25,910					$	30,666
Accrued taxes			12,385						11,394
Accrued vendor expenses			10,813						9,485
Accrued payment processing fees			4,780						4,478
Operating lease liability, current			1,648						1,624
Accrued talent costs			2,403						801
Other			823						852
Total accrued expenses and other current liabilities			$	58,762					$	59,300

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Tabular disclosure of the components of cash and cash equivalents.

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Name Accounting Standards Codification
-Section 55
-Paragraph 40
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