v3.26.1
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net (loss) income $ (11,551) $ 3,045
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 6,245 4,610
Impairment of capitalized software development costs 991 241
Stock-based compensation expense 27,381 23,049
Common stock warrant expense 4,345 4,345
Credit loss expense 1,151 1,454
Amortization of debt discount and issuance costs 76 75
Deferred income taxes 1,427 (1,196)
Other 6 10
Changes in assets and liabilities:    
Accounts receivable 4,177 10,463
Other current and long-term assets (1,207) (22,271)
Accounts payable (730) 1,126
Due to third-party publishers 13,612 731
Accrued expenses 1,950 (1,535)
Deferred revenue (333) 184
User redemption liability (3,513) (3,084)
Other current and long-term liabilities (395) 24,468
Net cash provided by operating activities 43,632 45,715
Investing activities    
Additions to property and equipment (3,958) (5,520)
Additions to capitalized software development costs (8,334) (6,448)
Proceeds from the sale of property and equipment 27 0
Net cash used in investing activities (12,265) (11,968)
Financing activities    
Proceeds from exercise of stock options 2,593 7,357
Debt issuance costs 0 (2)
Purchase of treasury stock (70,784) (140,176)
Taxes paid related to net share settlement of equity awards (3,097) (2,045)
Proceeds from employee stock purchase plan 1,482 2,036
Net cash used in financing activities (69,806) (132,830)
Net change in cash, cash equivalents, and restricted cash (38,439) (99,083)
Cash, and cash equivalents, beginning of period 186,612 349,690
Cash, and cash equivalents, end of period 148,173 250,607
Supplemental Cash Flow Information [Abstract]    
Interest paid 150 96
Income Tax Paid, before Refund Received 474 4,090
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Share repurchases in accounts payable and accrued expenses 877 1,401
Stock-based compensation included in capitalized software development costs 1,111 528
Property and equipment in accounts payable and accrued expenses $ 325 $ 2,310