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COST OF REVENUE
3 Months Ended
Mar. 31, 2024
Cost of Revenue [Abstract]  
COST OF REVENUE COST OF REVENUE
Cost of revenue principally includes payroll and employee benefits associated with personnel employed in customer service, operations and technology roles, fees paid to external providers related to the provision of services, reimbursable expenses, technology and telecommunications costs as well as depreciation and amortization of operating assets. The components of cost of revenue were as follows:
Three months ended
March 31,
(in thousands)20242023
Outside fees and services$14,446 $15,094 
Compensation and benefits7,113 9,701 
Technology and telecommunications2,886 3,397 
Reimbursable expenses2,537 2,310 
Depreciation and amortization183 455 
Total$27,165 $30,957 
Transactions with Related Parties
The Company recognized $0.2 million and $0.2 million for the three months ended March 31, 2024 and 2023, respectively of reimbursable expenses relating to services provided to Aldridge Pite. As of March 31, 2024, the Company had no payable to Aldridge Pite.