| 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
June 30, | | Six Months Ended
June 30, | | | 2024 | | 2023 | | 2024 | | 2023 | | Cardlytics platform | | | | | | | | | Revenue | $ | 64,002 | | | $ | 70,726 | | | $ | 126,235 | | | $ | 129,756 | | | Minus: Partner Share and other third-party costs | 32,865 | | | 39,086 | | | 63,277 | | | 72,261 | | | Adjusted Contribution | $ | 31,137 | | | $ | 31,640 | | | $ | 62,958 | | | $ | 57,495 | | | Bridg platform | | | | | | | | | Revenue | $ | 5,634 | | | $ | 5,975 | | | $ | 11,009 | | | $ | 11,276 | | | Minus: Partner Share and other third-party costs | 393 | | | 84 | | | 524 | | | 293 | | | Adjusted Contribution | $ | 5,241 | | | $ | 5,891 | | | $ | 10,485 | | | $ | 10,983 | | | Consolidated | | | | | | | | | Revenue | $ | 69,636 | | | $ | 76,701 | | | $ | 137,244 | | | $ | 141,032 | | | Minus: Partner Share and other third-party costs | 33,258 | | | 39,170 | | | 63,801 | | | 72,554 | | | Adjusted Contribution | $ | 36,378 | | | $ | 37,531 | | | $ | 73,443 | | | $ | 68,478 | |
The following table presents a reconciliation of loss before income taxes presented in accordance with GAAP to Adjusted Contribution (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | | 2024 | | 2023 | | 2024 | | 2023 | | Adjusted Contribution | $ | 36,378 | | | $ | 37,531 | | | $ | 73,443 | | | $ | 68,478 | | | Minus: | | | | | | | | | | | | | | | | | | | | | | | | | Delivery costs | 7,661 | | | 7,015 | | | 13,834 | | | 13,439 | | | Sales and marketing expense | 14,025 | | | 15,205 | | | 28,143 | | | 29,153 | | | Research and development expense | 13,470 | | | 14,847 | | | 26,518 | | | 26,411 | | | General and administration expense | 16,151 | | | 16,276 | | | 30,636 | | | 29,346 | | | Acquisition, integration and divestiture benefit | 162 | | | (9,947) | | | 162 | | | (8,224) | | | Change in contingent consideration | (5,808) | | | 11,258 | | | 9 | | | (23,326) | | | | | | | | | | | | | | | | | | | Depreciation and amortization expense | 6,529 | | | 7,200 | | | 12,779 | | | 13,775 | | | Total other expense | (11,555) | | | (815) | | | (10,106) | | | (2,196) | | | Loss before income taxes | $ | (4,257) | | | $ | (23,508) | | | $ | (28,532) | | | $ | (9,900) | |
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| Schedule of revenue by geographic areas |
The following tables provide geographical information (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | | 2024 | | 2023 | | 2024 | | 2023 | | Revenue: | | | | | | | | | United States | $ | 64,086 | | | $ | 72,645 | | | $ | 126,620 | | | $ | 133,725 | | | United Kingdom | 5,550 | | | 4,056 | | | 10,624 | | | 7,307 | | | Total | $ | 69,636 | | | $ | 76,701 | | | $ | 137,244 | | | $ | 141,032 | |
| | | | | | | | | | | | | June 30, 2024 | | December 31, 2023 | | Property and equipment, net: | | | | | United States | $ | 3,026 | | | $ | 3,244 | | | United Kingdom | 58 | | | 79 | | | | | | | Total | $ | 3,084 | | | $ | 3,323 | |
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