v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 182,697 $ 145,689
Operating expenses:    
Operations and technology 44,190 38,069
Selling, general, and administrative 59,018 53,853
Depreciation and amortization 10,541 7,787
Total operating expenses 197,128 168,216
Loss from operations (14,431) (22,527)
Other income (expense):    
Interest income 1,889 3,031
Interest expense (1,910) (535)
Total other income (expense) (21) 2,496
Loss before income taxes (14,452) (20,031)
Provision for income taxes 365 440
Net loss $ (14,817) $ (20,471)
Weighted-average shares - basic (in shares) 168,347,000 162,890,000
Weighted-average shares - diluted (in shares) 168,347,000 162,890,000
Net loss per share - basic (in dollars per share) $ (0.09) $ (0.13)
Net loss per share - diluted (in dollars per share) $ (0.09) $ (0.13)
Marketplace and service    
Revenue:    
Total revenue $ 165,937 $ 129,814
Operating expenses:    
Cost of revenue (excluding depreciation & amortization) 69,402 55,693
Customer assurance    
Revenue:    
Total revenue 16,760 15,875
Operating expenses:    
Cost of revenue (excluding depreciation & amortization) $ 13,977 $ 12,814

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