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SEGMENTS (Tables) | 3 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of segment reporting information | The following tables provide information regarding the Cardlytics platform and the Bridg platform reportable segments (in thousands):
| Three Months Ended March 31, |  |
| 2022 |  | 2023 |  |  |  |
Cardlytics platform |  |  |  |  |  |  |
Adjusted contribution | $ | 28,956 |  |  | $ | 25,855 |  |  |  |  |
Plus: Partner Share and other third-party costs | 35,027 |  |  | 33,175 |  |  |  |  |
Revenue | $ | 63,983 |  |  | $ | 59,030 |  |  |  |  |
Bridg platform |  |  |  |  |  |  |
Adjusted contribution | $ | 3,819 |  |  | $ | 5,092 |  |  |  |  |
Plus: Partner Share and other third-party costs | 126 |  |  | 209 |  |  |  |  |
Revenue | $ | 3,945 |  |  | $ | 5,301 |  |  |  |  |
Total |  |  |  |  |  |  |
Adjusted contribution | $ | 32,775 |  |  | $ | 30,947 |  |  |  |  |
Plus: Partner Share and other third-party costs | 35,153 |  |  | 33,384 |  |  |  |  |
Revenue | $ | 67,928 |  |  | $ | 64,331 |  |  |  |  |
The following table presents a reconciliation of income before income taxes presented in accordance with GAAP to adjusted contribution (in thousands):
| Three Months Ended March 31, |  |
| 2022 |  | 2023 |  |  |  |
Adjusted contribution | $ | 32,775 |  |  | $ | 30,947 |  |  |  |  |
Minus: |  |  |  |  |  |  |
Delivery costs | 6,533 |  |  | 6,424 |  |  |  |  |
Sales and marketing expense | 17,648 |  |  | 13,948 |  |  |  |  |
Research and development expense | 12,291 |  |  | 11,564 |  |  |  |  |
General and administration expense | 20,425 |  |  | 13,070 |  |  |  |  |
Acquisition and integration (benefit) cost | (4,599) |  |  | 1,723 |  |  |  |  |
Change in fair value of contingent consideration | (65,050) |  |  | (34,584) |  |  |  |  |
Depreciation and amortization expense | 9,871 |  |  | 6,575 |  |  |  |  |
Total other expense (income) | 2,618 |  |  | (1,381) |  |  |  |  |
Income before income taxes | $ | 33,038 |  |  | $ | 13,608 |  |  |  |  |
Schedule of revenue by geographic areas | The following tables provide geographical information (in thousands):
| Three Months Ended March 31, |  |
| 2022 |  | 2023 |  |  |  |
Revenue: |  |  |  |  |  |  |
United States | $ | 61,653 |  |  | $ | 61,081 |  |  |  |  |
United Kingdom | 6,275 |  |  | 3,250 |  |  |  |  |
Total | $ | 67,928 |  |  | $ | 64,331 |  |  |  |  |
| December 31, 2022 |  | March 31, 2023
Property and equipment, net: |  |  |
United States | $ | 4,453 |  |  | $ | 3,936 |
United Kingdom | 1,463 |  |  | 819 |
Total | $ | 5,916 |  |  | $ | 4,755 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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