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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income (loss) $ 3,474 $ (42,852)
Adjustments to reconcile net loss to net cash used by operating activities    
Depreciation and amortization expense 27,607 26,515
Amortization of deferred financing costs 310 326
Debt extinguishment costs 1,081  
Provision for credit losses 2,985 2,118
Stock-based compensation 35,128 31,181
Accrued interest 1,192 1,509
Impairment and write-off on intangible assets 162  
Accretion of investments held to maturity (3,322) (4,091)
Deferred income taxes 267 158
Changes in operating assets and liabilities    
Accounts receivable (10,398) (2,221)
Prepaid expenses and other current assets (608) (851)
Other noncurrent assets (1,215) 1,369
Deferred customer origination costs (14) 785
Accounts payable (786) 4,679
Deferred revenue (2,122) (1,650)
Accrued expenses and other liabilities (9,759) (27,588)
Operating lease liabilities (500) (378)
Total adjustments 40,008 31,861
Net cash provided by (used in) operating activities 43,482 (10,991)
Cash flows from investing activities    
Purchase of marketable securities held to maturity (120,996) (262,994)
Proceeds from maturity of marketable securities held to maturity 90,006 277,428
Purchases of equipment (1,505) (1,001)
Purchases of intangible assets (12,939) (11,898)
Supplier advances, net (6,222) (1,309)
Net cash (used in) provided by investing activities (51,656) 226
Cash flows from financing activities    
Repayments of long-term debt (63,375) (1,219)
Principal payments on finance leases (223) (435)
Proceeds from issuance of common stock 5,593 1,452
Proceeds from issuance of common stock under ESPP 1,220 1,178
Payment of debt issuance costs (1,529) (743)
Repurchases of common stock (25,062)  
Payment of acquisition-related liability (100) (100)
Payment service obligations (424,376) (57,607)
Net cash used in financing activities (507,852) (57,474)
Net decrease in cash, cash equivalents, and restricted funds held for customers (516,026) (68,239)
Cash, cash equivalents, and restricted funds held for customers    
Cash, cash equivalents, and restricted funds held for customers, beginning of year 1,985,630 1,634,387
Cash, cash equivalents, and restricted funds held for customers, end of period 1,469,604 1,566,148
Supplementary information of noncash investing and financing activities    
Property and equipment purchases in accounts payable and accrued expenses   939
Right-of-use assets obtained in exchange for new finance lease obligations   81
Right-of-use assets obtained in exchange for new operating lease obligations   362
Interest paid on notes payable 3,270 3,889
Interest paid on finance leases 4,448 4,386
Cash paid for income taxes $ 393 $ 212