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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues $ 26,771 $ 25,225 $ 48,829 $ 52,397
Operating expenses:        
Cost of revenues 1,151 770 2,045 1,749
Selling and marketing 15,194 14,414 26,035 26,956
Research and development 3,425 3,355 6,520 5,537
General and administrative 4,829 3,424 9,784 6,822
Loss on disposal of assets, net 1 68 1 68
Total operating expenses 24,600 22,031 44,385 41,132
Income (loss) from operations 2,171 3,194 4,444 11,265
Other income, net:        
Change in fair value of warrant liability 212 2,913 2,467 7,201
Other (expense) income, net (145) (72) (38) 50
Income before income taxes 2,238 6,035 6,873 18,516
Provision for income taxes (662) (1,497) (1,563) (4,043)
Net income 1,576 4,538 5,310 14,473
Net income attributable to noncontrolling interest 1,134 1,010 2,170 3,413
Net income attributable to common stockholders $ 442 $ 3,528 $ 3,140 $ 11,060
Net income per share attributable to common stockholders, basic $ 0 $ 0.04 $ 0.04 $ 0.13
Net income per share attributable to common stockholders, diluted $ 0 $ 0.01 $ 0.01 $ 0.04
Weighted average shares used in calculating net income per share attributable to common stockholders, basic 89,119,344 85,502,403 87,295,099 84,384,141
Weighted average shares used in calculating net income per share attributable to common stockholders, diluted 102,701,707 102,205,888 101,868,781 102,421,084
Other comprehensive income:        
Net income $ 1,576 $ 4,538 $ 5,310 $ 14,473
Foreign currency translation adjustments 303 (420) 474 (561)
Comprehensive income 1,879 4,118 5,784 13,912
Net income attributable to noncontrolling interest 1,134 1,010 2,170 3,413
Foreign currency translation adjustments attributable to noncontrolling interest 104 (146) 164 (195)
Comprehensive income attributable to noncontrolling interest 1,238 864 2,334 3,218
Comprehensive income attributable to common stockholders $ 641 $ 3,254 $ 3,450 $ 10,694