v3.26.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets, Current [Abstract]    
Cash and cash equivalents $ 148,173 $ 186,612
Accounts receivable, less allowances of $1,193 and $2,494, respectively 203,391 208,709
Prepaid expenses and other current assets 14,071 12,604
Total current assets 365,635 407,925
Property and equipment, less accumulated depreciation of $4,494 and $3,029, respectively 23,204 23,434
Capitalized software development costs, less accumulated amortization of $28,697 and $24,165, respectively 27,964 24,193
Equity investment 4,531 4,531
Deferred tax assets, net 53,493 54,850
Operating lease assets 9,762 9,901
Other long-term assets 810 1,077
Total assets 485,399 525,911
Current liabilities:    
Accounts payable 7,306 10,840
Due to third-party publishers 121,213 107,601
Accrued expenses 19,343 19,614
Other current liabilities 996 1,249
Total current liabilities 213,468 207,760
Long-term liabilities:    
Operating lease liabilities, long-term 25,134 25,501
Unrecognized tax benefits, long-term 5,224 4,999
Total liabilities 243,826 238,260
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.00001 par value: 100,000,000 shares authorized and zero shares issued and outstanding as of June 30, 2026, and December 31, 2025 0 0
Treasury stock, value (335,953) (267,575)
Additional paid-in capital 725,948 692,097
Accumulated deficit (148,422) (136,871)
Total stockholders' equity 241,573 287,651
Total liabilities and stockholders' equity 485,399 525,911
Common Class A    
Stockholders’ equity:    
Common stock, value, issued 0 0
Common Class B    
Stockholders’ equity:    
Common stock, value, issued 0 0
Deferred revenue    
Current liabilities:    
Deferred revenue 2,602 2,935
User redemption liability 2,602 2,935
User redemption liability    
Current liabilities:    
Deferred revenue 62,008 65,521
User redemption liability $ 62,008 $ 65,521