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Segment Information
 3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has three reportable segments:
•SMB Payments – provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging the Company's proprietary software platform, distributed through ISOs, direct sales and vertically focused ISV channels.
•B2B Payments – provides AP automation solutions to corporations, software partners and FIs, including Citi and Mastercard.
•Enterprise Payments – provides embedded payment and banking solutions to enterprise customers that modernize legacy platforms and accelerate modern software partners looking to monetize payments.
Corporate includes costs of corporate functions and shared services not allocated to our reportable segments.
Information on reportable segments and reconciliations to consolidated revenues, consolidated depreciation and amortization, and consolidated operating income are as follows:
(in thousands)Three Months Ended March 31,
20232022
Revenues:
SMB Payments$154,933 $129,959 
B2B Payments2,786 5,925 
Enterprise Payments27,309 17,355 
Consolidated revenues$185,028 $153,239 
Depreciation and amortization:
SMB Payments$10,846 $10,824 
B2B Payments125 73 
Enterprise Payments6,690 6,197 
Corporate387 259 
Consolidated depreciation and amortization$18,048 $17,353 
Operating (loss) income:
SMB Payments$12,011 $12,486 
B2B Payments(849)409 
Enterprise Payments12,663 4,494 
Corporate(6,977)(6,563)
Consolidated operating income$16,848 $10,826 

A reconciliation of total operating income of reportable segments to the Company's net loss is provided in the following table:
(in thousands)Three Months Ended March 31,
20232022
Total operating income of reportable segments$23,825 $17,389 
Corporate(6,977)(6,563)
Interest expense(17,699)(11,535)
Other income, net212 51 
Income tax benefit133 325 
Net loss$(506)$(333)