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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 48,772 $ 47,510
Accounts receivable, net 12,701 13,834
Settlement assets, net 42,406 39,261
Prepaid expenses 12,089 5,649
Other current assets 20,908 30,978
Total current assets 136,876 137,232
Capitalized software, net 16,232 12,494
Property and equipment, net 13,621 14,372
Lease right-of-use assets 5,441 6,435
Deferred tax assets, net 499 457
Other assets 1,011 5,794
Total assets 173,680 176,784
Liabilities and stockholders' equity    
Accounts payable 196 1,425
Accrued expenses and other liabilities 8,240 9,390
Borrowings under line of credit 0 15,000
Current portion of long-term debt, net of original issue discount and debt issuance costs 0 7,655
Lease liabilities, current 729 432
Settlement liabilities 28,845 33,990
Total current liabilities 38,010 67,892
Lease liabilities, non-current 5,738 6,467
Other liabilities 1,689 1,681
Total liabilities 45,437 76,040
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, par value $0.0001; 10,000,000 shares of preferred stock authorized as of December 31, 2024 and 2023, respectively; no shares of preferred stock issued and outstanding as of December 31, 2024 and 2023 0 0
Common stock issued, value 9 8
Additional paid-in capital 279,062 241,509
Accumulated deficit (150,828) (140,773)
Total stockholders' equity 128,243 100,744
Total liabilities and stockholders' equity $ 173,680 $ 176,784