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Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Total Net Revenues

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

 

Schedule of Significant Expenses of Reportable Segment

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 include acquisition-related costs and an insurance recovery.