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Supplemental Financial Statement Information (Tables)
 12 Months Ended
Dec. 31, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash
Our cash, cash equivalents and restricted cash balances are summarized as follows (in thousands):
December 31, 2024December 31, 2023
Cash$10,927 $7,114 
Cash equivalents28,270 108,608 
Cash and cash equivalents39,197 115,722 
Restricted cash3,090 3,090 
Total cash, cash equivalents and restricted cash$42,287 $118,812 
Schedule of Cash, Cash Equivalents and Restricted Cash
Our cash, cash equivalents and restricted cash balances are summarized as follows (in thousands):
December 31, 2024December 31, 2023
Cash$10,927 $7,114 
Cash equivalents28,270 108,608 
Cash and cash equivalents39,197 115,722 
Restricted cash3,090 3,090 
Total cash, cash equivalents and restricted cash$42,287 $118,812 
Schedule of Changes in Allowance for Credit Losses
The change in the allowance for credit losses is summarized as follows (in thousands):
December 31, 2024December 31, 2023
Beginning balance$2,118 $2,398 
Change in allowance104 (280)
Ending balance$2,222 $2,118 
Schedule of Commissions Receivable
Our contract assets – commissions receivable activities, net of credit loss allowances, are summarized as follows (in thousands):
Year Ended December 31, 2024
Medicare Segment
E&I Segment
Total
Beginning balance$847,332 $70,845 $918,177 
Commission revenue from members approved during the period412,887 16,463 429,350 
Commission revenue from renewals of small business members during the period— 9,562 9,562 
Net commission revenue from members approved in prior periods18,678 4,057 22,735 
Cash receipts(341,860)(37,870)(379,730)
Net change in credit loss allowance(97)(7)(104)
Ending balance$936,940 $63,050 $999,990 
Year Ended December 31, 2023
Medicare Segment
E&I Segment
Total
Beginning balance$817,043 $67,261 $884,304 
Commission revenue from members approved during the period326,087 19,789 345,876 
Commission revenue from renewals of small business members during the period— 9,973 9,973 
Net commission revenue from members approved in prior periods33,544 14,531 48,075 
Cash receipts(329,600)(40,731)(370,331)
Net change in credit loss allowance258 22 280 
Ending balance$847,332 $70,845 $918,177 
Schedules of Concentration of Risk, by Risk Factor Carriers that represented 10% or more of our total contract assets – commissions receivable and accounts receivable balances are summarized as follows:
 December 31, 2024December 31, 2023
Humana28 %27 %
UnitedHealthcare (1)
27 %26 %
Aetna (1)
17 %16 %
_______
(1)Percentages include the carriers’ subsidiaries.
Schedule of Prepaid Expenses And Other Current Assets Our prepaid expenses and other current assets are summarized as follows (in thousands):
December 31, 2024December 31, 2023
Prepaid software and maintenance contracts$5,582 $5,328 
Prepaid expenses2,405 1,808 
Prepaid licenses2,358 2,739 
Prepaid insurance1,296 1,436 
Other current assets1,320 733 
Prepaid expenses and other current assets$12,961 $12,044 
Schedule of Property And Equipment, Net Our property and equipment, net are summarized as follows (in thousands):
 December 31, 2024December 31, 2023
Computer equipment and software$9,183 $9,008 
Office equipment and furniture928 2,875 
Leasehold improvements3,403 4,124 
Property and equipment, gross13,514 16,007 
Less: accumulated depreciation and amortization(9,077)(11,143)
Property and equipment, net$4,437 $4,864