
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $709.4M-23.1% | $923.0M-5.9% | $981.0M-17.1% | $1.18B |
| Restricted cash | $307.6M+3518.7% | $8.5M+0.0% | $8.5M+9.0% | $7.8M |
| Short-term investments | $62.5M-65.2% | $179.4M-33.2% | $268.7M-39.0% | $440.9M |
| Accounts receivable, net | $41.4M+38.1% | $30.0M+53.5% | $19.5M+25.5% | $15.6M |
| Settlements receivable, net | $18.0M+11.3% | $16.2M-45.8% | $29.9M+66.0% | $18.0M |
| Network incentives receivable | $61.1M-8.6% | $66.8M+24.1% | $53.8M+26.1% | $42.7M |
| Prepaid expenses and other current assets | $35.3M+38.9% | $25.4M-6.7% | $27.2M-28.3% | $38.0M |
| Total current assets | $1.24B-1.1% | $1.25B-10.0% | $1.39B-20.5% | $1.75B |
| Operating lease right-of-use assets, net | $8.3M+205.1% | $2.7M-58.2% | $6.5M-28.0% | $9.0M |
| Property and equipment, net | $59.9M+59.7% | $37.5M+100.0% | $18.8M+152.2% | $7.4M |
| Intangible assets, net | $51.4M+72.6% | $29.8M-16.4% | $35.6M | $0 |
| Goodwill | $154.7M+25.2% | $123.5M+0.0% | $123.5M | $0 |
| Other assets | $15.4M-24.2% | $20.4M+22.8% | $16.6M+132.9% | $7.1M |
| Total assets | $1.53B+4.2% | $1.46B-8.0% | $1.59B-10.2% | $1.77B |
| Accounts payable | $1.8M+250.5% | $527K-62.9% | $1.4M-62.6% | $3.8M |
| Revenue share payable | $224.5M+16.1% | $193.4M+11.4% | $173.6M+22.1% | $142.2M |
| Funds payable and amounts due to customers | $306.9M | $0 | — | — |
| Accrued expenses and other current liabilities | $215.8M+21.9% | $177.1M+9.6% | $161.5M+18.0% | $136.9M |
| Total current liabilities | $749.1M+101.9% | $371.0M+10.2% | $336.6M+19.0% | $282.9M |
| Operating lease liabilities, net of current portion | $5.5M+536.2% | $870K-83.0% | $5.1M-43.3% | $9.0M |
| Other liabilities | $8.5M+34.0% | $6.3M+37.9% | $4.6M-16.2% | $5.5M |
| Total liabilities | $763.1M+101.8% | $378.2M+9.2% | $346.3M+16.4% | $297.4M |
| Preferred stock, $0.0001 par value; 100,000 and 100,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $0 | $0 | $0 | $0 |
| Common stock, $0.0001 par value: 1,500,000 and 1,500,000 Class A shares authorized, 399,392 and 470,824 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively. 600,000 and 600,000 Class B shares authorized, 32,864 and 33,472 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $43K-14.0% | $50K-3.8% | $52K-1.9% | $53K |
| Additional paid-in capital | $1.57B-16.5% | $1.88B-8.9% | $2.07B-0.7% | $2.08B |
| Accumulated other comprehensive income (loss) | $1.5M+580.6% | -$314K-141.2% | $762K+110.5% | -$7.2M |
| Accumulated deficit | -$811.8M-1.7% | -$797.9M+3.3% | -$825.2M-37.0% | -$602.2M |
| Total stockholders’ equity | $762.0M-29.8% | $1.09B-12.7% | $1.24B-15.6% | $1.47B |
| Total liabilities and stockholders’ equity | $1.53B+4.2% | $1.46B-8.0% | $1.59B-10.2% | $1.77B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.