Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED FINANCIAL STATEMENT DETAILS

v3.26.1
CONSOLIDATED FINANCIAL STATEMENT DETAILS
 12 Months Ended
Dec. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
CONSOLIDATED FINANCIAL STATEMENT DETAILS CONSOLIDATED FINANCIAL STATEMENT DETAILS
Prepaid expenses and other current assets

The following table sets forth the details of prepaid expenses and other current assets included on the consolidated balance sheets as of December 31, 2025 and 2024:
December 31,
(in thousands) 2025 2024
Prepaid expenses $ 4,277  $ 5,504 
Income taxes receivable 2,485 778
Deposits 1,588 1,582
Sales taxes receivable 468 874
Credit card receivables in-transit 153 1,184
Other 51 — 
Total prepaid expenses and other current assets $ 9,022  $ 9,922 

Accrued liabilities

The following table sets forth the details of accrued liabilities included on the consolidated balance sheets as of December 31, 2025 and 2024:

December 31,
(in thousands) 2025 2024
Accrued cost of revenue $ 10,608  $ 8,122 
Accrued employee compensation 9,507  7,131 
Accrued carrier costs 8,203  4,399 
Sales and other taxes payable 5,306  6,117 
Interest payable 3,851  4,236 
Income taxes payable 31  1,397 
Other 589  447 
Total accrued liabilities $ 38,095  $ 31,849 

Other (income) expense, net

The following table sets forth the details of “other (income) expense, net” included on the consolidated statements of operations for the years ended December 31, 2025 and 2024:

For the Year Ended December 31,
(in thousands) 2025 2024
Tax credit received $ (3,378) $ — 
Other (income) expense (804) 1,864 
Other (income) expense, net $ (4,182) $ 1,864 

The Company had previously accounted for the receipt of cash in 2023 from a U.S. government program for certain tax credits related to the coronavirus pandemic as a liability, in “other liabilities,” as included on the consolidated balance sheet as of December 31, 2024, as all conditions for recognition in income had not been met at that time. As all conditions for recognition were met in 2025, the Company removed the liability and recognized “other income” in 2025.