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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating revenues:        
Revenues $ 92,489 $ 65,811 $ 246,236 $ 185,974
Operating expenses:        
Provision for credit losses 13,680 15,983 37,988 43,861
Processing and servicing costs 8,576 7,064 24,093 21,414
Advertising and marketing 12,501 13,914 32,341 38,370
Compensation and benefits 30,763 23,081 79,830 71,380
Other operating expenses 24,419 16,343 58,366 54,922
Total operating expenses 89,939 76,385 232,618 229,947
Other (income) expenses:        
Interest income (439) (1,332) (2,471) (4,009)
Interest expense 1,964 3,057 6,146 8,982
Gain on extinguishment of convertible debt 0 0 (33,442) 0
Changes in fair value of earnout liabilities (17) 2 116 (35)
Changes in fair value of public and private warrant liabilities 203 (257) 408 (239)
Total other (income) expense, net 1,711 1,470 (29,243) 4,699
Net income (loss) before provision for income taxes 839 (12,044) 42,861 (48,672)
Provision for income taxes 373 9 1,794 24
Net income (loss) $ 466 $ (12,053) $ 41,067 $ (48,696)
Net income (loss) per share:        
Basic $ 0.04 $ (1.01) $ 3.3 $ (4.1)
Diluted $ 0.03 $ (1.01) $ 3.02 $ (4.1)
Weighted-average shares used to compute net income (loss) per share        
Basic 12,639,294 11,960,078 12,426,122 11,887,199
Diluted 13,932,652 11,960,078 13,587,377 11,887,199
Service based revenue, net [Member]        
Operating revenues:        
Revenues $ 83,390 $ 59,179 $ 220,603 $ 166,740
Transaction based revenue, net [Member]        
Operating revenues:        
Revenues $ 9,099 $ 6,632 $ 25,633 $ 19,234