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Segment Information | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
Segment Information | Note 11. Segment Information The Company operates in a single reportable segment. The Company’s chief operating decision maker is its Chief Executive Officer. The Chief Executive Officer regularly reviews operating loss and net loss for the Company’s single reportable segment when assessing performance and making resource allocation decisions. Operating loss, which is the segment profit or loss measure most consistent with the measurement principles used in the Company’s consolidated financial statements, is used to evaluate the results of the Company’s core operations before the effects of interest expense, other income or expense, and income taxes. Net loss is also reviewed by the Chief Executive Officer to evaluate overall consolidated performance after these items. Because the Company has one reportable segment, the segment measures reviewed by the Chief Executive Officer are consistent with the corresponding consolidated measures presented in the Company’s condensed consolidated statements of operations. The following table represents total net revenue based on where customers are physically located (in thousands):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Americas |  | $ | 41,297 |  |  | $ | 42,889 |  |  | $ | 70,588 |  |  | $ | 89,873 |
Europe and Middle East |  |  | 12,166 |  |  |  | 10,842 |  |  |  | 23,088 |  |  |  | 24,460 |
Asia Pacific |  |  | 2,902 |  |  |  | 3,046 |  |  |  | 4,861 |  |  |  | 6,345 |
Total net revenue |  | $ | 56,365 |  |  | $ | 56,777 |  |  | $ | 98,537 |  |  | $ | 120,678 |
The following table reflects the significant expenses of the Company's reportable segment for the following periods (in thousands):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Net revenue |  | $ | 56,365 |  |  | $ | 56,777 |  |  | $ | 98,537 |  |  | $ | 120,678 |
Significant segment expenses: |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenue |  |  | 34,502 |  |  |  | 38,515 |  |  |  | 65,380 |  |  |  | 79,049 |
Sales |  |  | 5,791 |  |  |  | 6,131 |  |  |  | 11,381 |  |  |  | 12,155 |
Marketing |  |  | 8,909 |  |  |  | 6,600 |  |  |  | 15,579 |  |  |  | 13,029 |
Research and development |  |  | 4,813 |  |  |  | 4,471 |  |  |  | 9,387 |  |  |  | 8,464 |
General and administrative |  |  | 5,401 |  |  |  | 7,354 |  |  |  | 13,922 |  |  |  | 15,570 |
Other costs (recovery) (1) |  |  | — |  |  |  | (5,965 | ) |  |  | — |  |  |  | (8,796 | )
Operating (loss) income |  |  | (3,051 | ) |  |  | (329 | ) |  |  | (17,112 | ) |  |  | 1,207 |
Interest expense, net |  |  | 3,666 |  |  |  | 2,049 |  |  |  | 5,035 |  |  |  | 4,055 |
Other expense (income), net |  |  | 73 |  |  |  | 799 |  |  |  | (28 | ) |  |  | 1,102 |
Income tax expense (benefit) |  |  | 521 |  |  |  | (246 | ) |  |  | 398 |  |  |  | (355 | )
Net loss |  | $ | (7,311 | ) |  | $ | (2,931 | ) |  | $ | (22,517 | ) |  | $ | (3,595 | )
(1) Other costs (recovery) in the three and six months ended June 30, 2025 in clude acquisition-related costs and an insurance recovery.

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