XML 49 R38.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Information  
Reconciliation of segment profit to net loss before income taxes

    

Three months ended March 31, 2024

Bills & Payments

    

Technology

    

Total

Revenue, net (including related party revenue of $0.1 million)

$

28,874

$

11,476

$

40,350

Cost of revenue (including related party cost of revenue of $0.0 million, exclusive of depreciation and amortization)

 

25,317

 

5,097

 

30,414

Segment profit

 

3,557

 

6,379

 

9,936

Selling, general and administrative expenses (exclusive of depreciation and amortization)

 

  

 

7,946

Related party expense

 

  

 

962

Depreciation and amortization

 

  

 

957

Interest expense, net

 

  

 

1,427

Related party interest income, net

 

  

 

19

Foreign exchange losses, net

 

  

 

832

Changes in fair value of warrant liability

 

  

 

(37)

Pension income, net

 

  

 

(422)

Net loss before income taxes

 

  

$

(1,748)

    

Three months ended March 31, 2023

Bills & Payments

    

Technology

    

Total

Revenue, net (including related party revenue of $0.0 million)

$

33,568

$

9,233

$

42,801

Cost of revenue (including related party cost of revenue of $0.1 million, exclusive of depreciation and amortization)

 

28,725

 

4,616

 

33,341

Segment profit

 

4,843

 

4,617

 

9,460

Selling, general and administrative expenses (exclusive of depreciation and amortization)

 

  

 

8,414

Related party expense

 

  

 

1,165

Depreciation and amortization

 

  

 

910

Interest expense, net

 

  

 

1,253

Related party interest income, net

 

  

 

45

Foreign exchange losses, net

 

  

 

279

Pension income, net

 

  

 

(192)

Net loss before income taxes

 

  

$

(2,414)