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RELATED-PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2025
Related Party Transactions [Abstract]  
RELATED-PARTY TRANSACTIONS RELATED-PARTY TRANSACTIONS
EQUITY INVESTMENTS
As of September 30, 2025, and December 31, 2024, the impacts of the arrangements with the Spiegel Venture on the Company’s consolidated balance sheets were as follows:
(in thousands)
September 30,
2025
December 31,
2024
Accounts receivable$117 $248 
Accounts payable$$— 
Accrued expenses and other liabilities $— $
For the three and nine months ended September 30, 2025, and 2024, the impacts of arrangements with the Spiegel Venture on the Company’s consolidated statements of operations were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)
2025202420252024

Revenues$$112 $10 $223 
Cost of revenues$10 $15 $28 $45 
The Company had no business transactions with Nebula during the periods presented; however, it continues to hold an equity interest in Nebula.
OPERATING LEASE
The Company sublets a portion of its office space to Hendricks Investment Holdings, LLC, which is considered a related party as it is managed by various members of the Company’s Board of Directors. The Company accounts for the arrangement as an operating lease. Refer to Note 11 - Leases for additional information.