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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (4,668) $ (3,426)
Adjustments to reconcile loss to net cash (used) in provided by operations:    
Depreciation and amortization 10,359 9,675
Amortization of operating lease assets 677 775
Amortization of debt financing costs and discount 302 355
Non-cash interest expense 0 1,431
Net accretion of discounts on available-for-sale securities (170) (31)
Provision for expected losses 107 1,873
Provision for deferred income taxes 255 86
Net realized gains on sales of available-for-sale securities (1,294) (1,024)
Share-based compensation 3,390 2,919
Loss on disposals of long-term assets 0 92
Change in fair value of contingent purchase consideration 0 (69)
Changes in operating assets and liabilities:    
Accounts receivable (2,178) (6,379)
Inventory (108) 118
Prepaid expenses and other assets (1,636) 4,520
Operating lease right-of-use assets 98 189
Accounts payable (1,330) (830)
Accrued expenses and other long-term obligations (1,858) 928
Operating lease liabilities (374) (485)
Deferred revenue (3,291) (4,621)
Net cash (used in) provided by operating activities (1,719) 6,096
Cash flows from investing activities:    
Acquisition of intangible asset (4,097) 0
Purchases of property and equipment (375) (1,020)
Software capitalization costs (5,042) (3,301)
Purchases of available-for-sale securities (6,462) (18,885)
Proceeds from sales and maturities of available-for-sale securities 8,617 5,940
Net cash used in investing activities (7,359) (17,266)
Cash flows from financing activities:    
Payments of notes payable 0 (643)
Payments made on amounts due for the acquisition of intangible assets (236) 0
Net proceeds from issuance of common stock 572 2,266
Net change in client fund obligations (28,225) (17,225)
Net cash used in financing activities (27,935) (15,602)
Net decrease in cash and cash equivalents (37,013) (26,772)
Cash and cash equivalents, beginning of period 177,622 164,042
Cash and cash equivalents, end of period 140,609 137,270
Cash and cash equivalents 20,736 21,613
Cash and cash equivalents held to satisfy client funds obligations 119,873 115,657
Total cash and cash equivalents 140,609 137,270
Supplemental information:    
Cash paid for interest 0 2,119
Cash paid for income taxes 0 466
Acquisition of intangible assets 5,450 954
Notes payable issued for acquisitions 1,423 0
Other Significant Noncash Transaction, Value of Consideration Given 4,863 0
Payments of Stock Issuance Costs $ (46) $ 0