XML 31 R23.htm IDEA: XBRL DOCUMENT

Segment Reporting and Customer Concentration (Tables)

3 Months Ended

Mar. 31, 2026

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 ended March 31, 2026 and 2025:


		Quarter Ended
		March 31, 2026				March 31, 2025
Revenue		$	313,732			$	299,453
Less:
Cost of revenue:
Transaction fees			29,350				27,901
All other (1)			129,979				125,233
Total cost of revenue			159,329				153,134
Research and development (1)			40,826				39,816
Selling and marketing (1)			31,708				26,673
General and administrative (1)			24,958				28,356
Restructuring and reorganization charges (1)			2,109				7,368
Stock-based compensation			6,935				8,712
Acquisition-related costs (2)			12,795				6,012
Other segment items (3)			(4,041	)			693
Interest expense			6,852				7,198
Income tax provision			8,368				5,361
Segment net income			23,893				16,130
Reconciliation of profit or loss:
Adjustments and reconciling items			-				-
Consolidated net income		$	23,893			$	16,130

(1)

These functional expense lines include depreciation expense, which is presented separately on our Income Statements.

(2)

Acquisition-related costs include amortization of acquired intangible assets, earn-out compensation, and transaction-related costs.

(3)

Other segment items include interest income, loss on extinguishment of debt, and foreign currency gains/losses.