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Balance Sheet Components (Tables)

3 Months Ended

Mar. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts Receivable, Net

Accounts receivable, net of allowance for credit losses consists of the following:

			March 31, 2025						December 31, 2024
			(In thousands)
Accounts receivable			$	333,753					$	155,089
Allowance for credit losses			(5,367)						(5,922)
Accounts receivable, net of allowance for credit losses			$	328,386					$	149,167

Activity in Allowance for Credit Losses

The allowance for credit losses consists of the following activity:

			Three Months Ended March 31, 2025						Year Ended December 31, 2024
			(In thousands)
Allowance for credit losses, beginning balance			$	5,922					$	10,380
Provision for credit losses			419						2,445
Write-offs			(974)						(6,903)
Allowance for credit losses, ending balance			$	5,367					$	5,922

Schedule of Other Current Assets

Prepaid expenses and other current assets consists of the following:

			March 31, 2025						December 31, 2024
			(In thousands)
Prepaid taxes			$	23,892					$	9,247
Prepaid traffic acquisition costs			8,918						11,379
Prepaid software licenses			5,059						2,233
Other prepaid expenses and other current assets			11,948						4,976
Total prepaid expenses and other current assets			$	49,817					$	27,835

Property, Equipment and Capitalized Software, Net

Property, equipment and capitalized software, net consists of the following:

			March 31, 2025						December 31, 2024
			(In thousands)
Capitalized software development costs(1)			$	89,751					$	88,302
Computer and equipment			69,227						68,303
Leasehold improvements			4,953						3,036
Furniture and fixtures			1,596						978
Software			3,166						3,137
Property, equipment, and capitalized software, gross			168,693						163,756
Less: accumulated depreciation and amortization			(120,814)						(118,506)
Total property, equipment and capitalized software, net			$	47,879					$	45,250

_____________________

(1) During the three months ended March 31, 2025, in connection with the post merger integration following the Acquisition, the Company decided to discontinue its vi video product offering and recorded a charge of $0.4 million to fully impair the remaining unamortized capitalized software development costs associated with this technology.

Accrued and Other Current Liabilities

Accrued and other current liabilities consists of the following:

			March 31, 2025						December 31, 2024
			(In thousands)
Accrued agency commissions			$	47,564					$	18,053
Accrued tax liabilities			25,423						9,002
Accrued professional fees			18,312						18,630
Interest payable			8,755						58
Operating lease obligations, current			8,658						4,033
Other			9,745						6,413
Total accrued and other current liabilities			$	118,457					$	56,189

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- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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-SubTopic 10
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