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Segment Reporting and Customer Concentration (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Reconciliation of Consolidated Net Income | The following table provides the significant expenses that are regularly provided to our CODM for our one segment, the required disclosable amounts that are included in consolidated net income, and a reconciliation to consolidated net income for the quarters and six months ended June 30, 2025 and 2024:
|  | Quarter Ended |  |  | Six Months Ended |  |
|  | June 30, 2025 |  |  | June 30, 2024 |  |  | June 30, 2025 |  |  | June 30, 2024 |  |
Revenue |  | $ | 297,128 |  |  | $ | 290,318 |  |  | $ | 596,581 |  |  | $ | 585,453 |  |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenue: |  |  |  |  |  |  |  |  |  |  |  |  |
Transaction fees |  |  | 25,866 |  |  |  | 24,207 |  |  |  | 53,767 |  |  |  | 49,269 |  |
All other (1) |  |  | 122,626 |  |  |  | 127,922 |  |  |  | 247,859 |  |  |  | 261,245 |  |
Total cost of revenue |  |  | 148,492 |  |  |  | 152,129 |  |  |  | 301,626 |  |  |  | 310,514 |  |
Research and development (1) |  |  | 39,622 |  |  |  | 37,853 |  |  |  | 79,438 |  |  |  | 73,923 |  |
Selling and marketing (1) |  |  | 27,202 |  |  |  | 28,390 |  |  |  | 53,875 |  |  |  | 57,589 |  |
General and administrative (1) |  |  | 27,340 |  |  |  | 25,804 |  |  |  | 55,695 |  |  |  | 52,418 |  |
Restructuring and reorganization charges (1) |  |  | 4,588 |  |  |  | 7,099 |  |  |  | 11,956 |  |  |  | 9,097 |  |
Stock-based compensation |  |  | 8,762 |  |  |  | 9,193 |  |  |  | 17,474 |  |  |  | 17,062 |  |
Other segment items (2) |  |  | 13,793 |  |  |  | 2,153 |  |  |  | 20,499 |  |  |  | 2,182 |  |
Interest expense |  |  | 7,399 |  |  |  | 7,698 |  |  |  | 14,597 |  |  |  | 15,204 |  |
Income tax provision |  |  | 7,663 |  |  |  | 6,170 |  |  |  | 13,024 |  |  |  | 14,168 |  |
Segment net income |  |  | 12,267 |  |  |  | 13,829 |  |  |  | 28,397 |  |  |  | 33,296 |  |
Reconciliation of profit or loss: |  |  |  |  |  |  |  |  |  |  |  |  |
Adjustments and reconciling items |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |
Consolidated net income |  | $ | 12,267 |  |  | $ | 13,829 |  |  | $ | 28,397 |  |  | $ | 33,296 |  |
(1) These functional expense lines include depreciation expense, which is presented separately on our Income Statements. (2) Other segment items include acquisition-related costs (transaction-related costs, earn-out compensation, and amortization of acquired intangible assets), executive transition costs, interest income, loss on extinguishment of debt, and foreign currency gains/losses.

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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