7Baggers

Cardlytics, Inc
(NASDAQ:CDLX) 

CDLX stock logo

Cardlytics, Inc. operates an advertising platform within financial institutions digital channels that include online, mobile, email, and various real-time notifications in the United States and the United Kingdom. It offers Cardlytics platform, a proprietary native bank advertising channel that enab...

Founded: 2008
Full Time Employees: 486
CEO: Scott Grimes  
Sector: Communication Services
Industry: Internet Content & Information

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At a glance:
Bull Thesis:
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Income Statements:
Quarterly
Annual
    Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 
                                     
      revenue
    56,095,000 52,031,000 63,249,000 61,898,000 73,997,000 67,057,000 69,636,000 67,608,000 89,167,000 79,005,000 76,701,000 64,331,000 82,503,000 72,706,000 75,405,000 67,928,000 90,049,000 64,984,000 58,853,000 53,230,000 67,082,000 46,079,000 28,222,000 45,509,000 69,293,000 56,419,000 48,730,000 35,988,000 47,819,000 34,582,000 35,570,000 32,713,000  
      yoy
    -24.19% -22.41% -9.17% -8.45% -17.01% -15.12% -9.21% 5.09% 8.08% 8.66% 1.72% -5.30% -8.38% 11.88% 28.12% 27.61% 34.24% 41.03% 108.54% 16.97% -3.19% -18.33% -42.08% 26.46% 44.91% 63.15% 37.00% 10.01%      
      qoq
    7.81% -17.74% 2.18% -16.35% 10.35% -3.70% 3.00% -24.18% 12.86% 3.00% 19.23% -22.03% 13.47% -3.58% 11.01% -24.57% 38.57% 10.42% 10.56% -20.65% 45.58% 63.27% -37.99% -34.32% 22.82% 15.78% 35.41% -24.74% 38.28% -2.78% 8.73%   
      costs and expenses:
                                     
      partner share and other third-party costs
    24,395,000 22,001,000 27,103,000 29,450,000 33,285,000 30,675,000 33,258,000 30,543,000 41,880,000 36,144,000 39,170,000 33,384,000 42,511,000 37,563,000 40,280,000 35,153,000 47,459,000 34,090,000 29,953,000 29,771,000              
      delivery costs
    5,810,000 5,730,000 6,883,000 7,288,000 7,979,000 7,830,000 7,661,000 6,173,000 7,797,000 7,012,000 7,015,000 6,424,000 6,583,000 9,125,000 8,162,000 6,533,000 6,427,000 6,390,000 5,748,000 3,938,000 3,907,000 3,498,000 3,499,000 3,406,000 3,207,000 3,070,000 3,370,000 3,246,000 3,123,000 3,007,000 2,559,000 1,943,000  
      sales and marketing expense
    7,524,000 7,865,000 11,335,000 12,754,000 11,343,000 13,163,000 14,025,000 14,118,000 14,111,000 14,161,000 15,205,000 13,948,000 16,825,000 18,289,000 21,983,000 17,648,000 18,998,000 16,733,000 17,063,000 13,202,000 12,502,000 11,432,000 10,405,000 10,968,000 12,370,000 11,074,000 11,047,000 9,337,000 13,963,000 9,452,000 10,247,000 8,216,000  
      research and development expense
    7,965,000 8,799,000 11,295,000 11,706,000 9,895,000 13,194,000 13,470,000 13,048,000 12,511,000 12,430,000 14,847,000 11,564,000 14,801,000 13,762,000 13,581,000 12,291,000 11,811,000 11,141,000 8,934,000 6,218,000 5,088,000 4,627,000 3,966,000 3,851,000 2,958,000 3,018,000 2,782,000 2,941,000 3,766,000 4,097,000 4,888,000 3,459,000  
      general and administrative expense
    9,730,000 10,854,000 12,905,000 13,778,000                              
      acquisition, integration and divestiture costs
        -1,000                             
      change in contingent consideration
      42,000 60,000 100,000 100,000 -5,808,000 5,817,000                          
      impairment of goodwill and intangible assets
     58,843,000    131,595,000                            
      loss on disposal or divestiture
    -1,207,750 320,000 200,000 -5,350,000                              
      depreciation and amortization expense
    6,205,000 6,473,000 6,275,000 6,291,000 5,940,000 6,970,000 6,529,000 6,250,000 6,695,000 5,990,000 7,200,000 6,575,000 6,849,000 10,468,000 10,356,000 9,871,000 9,598,000 8,375,000 8,833,000 3,065,000 2,017,000 1,933,000 1,545,000 2,331,000 1,354,000 1,167,000 1,053,000 961,000 811,000 777,000 784,000 910,000  
      total costs and expenses
    62,190,000 120,885,000 76,038,000 75,977,000 82,311,000 215,603,000 85,448,000 90,434,000 192,089,000 99,657,000 101,024,000 52,104,000 465,138,000 61,186,000 197,724,000 32,272,000 106,458,000 104,777,000 101,601,000 75,399,000 73,199,000 62,218,000 47,960,000 57,438,000 68,037,000 63,017,000 54,212,000 42,489,000 58,627,000 43,240,000 47,204,000 42,530,000  
      operating income
    -6,095,000 -68,854,000 -12,789,000 -14,079,000 -8,314,000 -148,546,000 -15,812,000 -22,826,000 -102,922,000 -20,652,000 -24,323,000 12,227,000 -382,635,000 11,520,000 -122,319,000 35,656,000 -16,409,000 -39,793,000 -42,748,000 -22,169,000 -6,117,000 -16,139,000 -19,738,000 -11,929,000 1,256,000 -6,598,000 -5,482,000 -6,501,000 -10,808,000 -8,658,000 -11,634,000 -9,817,000  
      yoy
    -26.69% -53.65% -19.12% -38.32% -91.92% 619.28% -34.99% -286.69% -73.10% -279.27% -80.12% -65.71% 2231.86% -128.95% 186.14% -260.84% 168.25% 146.56% 116.58% 85.84% -587.02% 144.60% 260.05% 83.49% -111.62% -23.79% -52.88% -33.78%      
      qoq
    -91.15% 438.38% -9.16% 69.34% -94.40% 839.45% -30.73% -77.82% 398.36% -15.09% -298.93% -103.20% -3421.48% -109.42% -443.05% -317.30% -58.76% -6.91% 92.83% 262.42% -62.10% -18.23% 65.46% -1049.76% -119.04% 20.36% -15.67% -39.85% 24.83% -25.58% 18.51%   
      operating margin %
    -10.87% -132.33% -20.22% -22.75% -11.24% -221.52% -22.71% -33.76% -115.43% -26.14% -31.71% 19.01% -463.78% 15.84% -162.22% 52.49% -18.22% -61.24% -72.64% -41.65% -9.12% -35.02% -69.94% -26.21% 1.81% -11.69% -11.25% -18.06% -22.60% -25.04% -32.71% -30.01%  
      other income:
                                     
      interest expense
    -2,139,000 -2,007,000 -1,943,000 -1,830,000 -1,694,000 -1,479,000 -1,561,000 -819,000 -839,000 -915,000 -574,000 -8,000 -150,000 -580,000 -879,000 -947,000 -3,247,000 -3,193,000   -3,039,000 -283,000   312,000 -218,000 -338,000 -304,000 -269,000 -254,000 -992,000 -1,749,000  
      foreign currency gain
    -16,000 -1,812,000 5,449,000 2,627,000 -5,581,000 4,843,000 99,000 -630,000 2,925,000 -2,399,000 1,389,000 1,389,000   -4,538,000 -1,671,000 -43,000 -1,543,000  319,000 -207,500 1,066,000  -1,886,000    491,000      
      gain on debt extinguishment
          13,017,000                           
      total other income
    -2,155,000 -3,819,000 3,506,000 797,000 -7,275,000 3,364,000 11,555,000 -1,449,000   815,000 1,381,000     -3,290,000 -4,736,000   -209,750 783,000  -1,602,000 -497,500 -1,149,000  187,000 -2,841,750 290,000 -1,419,000   
      income before income taxes
    -8,250,000 -72,673,000 -9,283,000 -13,282,000 -15,589,000 -145,182,000 -4,257,000 -24,275,000 -100,836,000 -23,966,000 -23,508,000 13,608,000 -378,279,000 6,267,000 -127,736,000 33,038,000 -19,699,000 -44,529,000 -47,306,000 -24,895,000 -6,777,000 -15,356,000 -19,758,000 -13,531,000 3,427,000 -7,747,000 -6,510,000 -6,314,000 -11,566,000 -8,368,000 -13,053,000 -20,055,000  
      net income
    -8,250,000 -72,673,000 -9,283,000 -13,282,000 -15,589,000 -145,182,000 -4,257,000 -24,275,000 -100,836,000 -23,966,000 -23,508,000 13,608,000 -378,279,000 6,267,000 -126,290,000 33,038,000 -11,835,000 -44,529,000 -47,306,000 -24,895,000 -6,777,000 -15,356,000 -19,758,000 -13,531,000 3,427,000 -7,747,000 -6,510,000 -6,314,000 -11,566,000 -8,368,000 -13,053,000 -20,055,000  
      yoy
    -47.08% -49.94% 118.06% -45.29% -84.54% 505.78% -81.89% -278.39% -73.34% -482.42% -81.39% -58.81% 3096.27% -114.07% 166.96% -232.71% 74.63% 189.98% 139.43% 83.98% -297.75% 98.22% 203.50% 114.30% -129.63% -7.42% -50.13% -68.52%      
      qoq
    -88.65% 682.86% -30.11% -14.80% -89.26% 3310.43% -82.46% -75.93% 320.75% 1.95% -272.75% -103.60% -6136.05% -104.96% -482.26% -379.16% -73.42% -5.87% 90.02% 267.35% -55.87% -22.28% 46.02% -494.84% -144.24% 19.00% 3.10% -45.41% 38.22% -35.89% -34.91%   
      net income margin %
    -14.71% -139.67% -14.68% -21.46% -21.07% -216.51% -6.11% -35.91% -113.09% -30.33% -30.65% 21.15% -458.50% 8.62% -167.48% 48.64% -13.14% -68.52% -80.38% -46.77% -10.10% -33.33% -70.01% -29.73% 4.95% -13.73% -13.36% -17.54% -24.19% -24.20% -36.70% -61.31%  
      net income per share
    -0.14 -1.36 -0.18 -0.26 -0.25 -2.9 -0.09 -0.56 -2.74 -0.63 -0.67 0.41 -11.32 0.19 -3.75  -0.32 -1.35 -1.43 -0.85 -0.24 -0.56 -0.73 -0.51 0.18 -0.33 -0.29 -0.28 -0.5 -0.4  -1.54  
      weighted-average common shares outstanding, basic and diluted
    53,114 53,493 52,750 51,863 48,361 50,028 49,056  36,488  34,880  33,419  33,635  32,202 33,101 32,977 29,313 27,213 27,343 27,072 26,725 23,746 23,561 22,731 22,503 19,060 20,970  13,093  
      general and administration expense
        10,678,000 12,076,000 16,151,000 14,485,000 13,903,000 15,561,000 16,276,000 13,070,000 20,065,000 19,972,000 20,984,000 20,425,000 17,086,000 20,073,000 16,888,000 12,175,000 11,297,000 12,757,000 11,734,000 10,744,000 9,162,000 12,218,000 8,340,000 7,000,000 10,742,000 7,925,000 8,979,000 6,582,000  
      acquisition, integration and divestiture benefit
          162,000                           
      acquisition, integration and divestiture cost
                                     
      other expense:
                                     
      weighted-average common shares outstanding, basic
           43,248  37,982  33,595  32,950                    
      weighted-average common shares outstanding, diluted
           43,248  37,982  36,727  33,269                    
      acquisition and integration (benefit) cost
            -2,036,500 78,000  1,723,000                      
      loss in fair value of contingent consideration
            -3,761,250 8,281,000 11,258,000                       
      goodwill impairment
                20,787,250  83,149,000                   
      total other expense
            -279,500 -3,314,000   4,356,000 -5,253,000 -5,417,000 -2,618,000   -4,558,000 -2,726,000   -20,000    -1,028,000     -10,238,000  
      income tax benefit
                  1,446,000                   
      net income attributable to common stockholders
            -8,466,500 -23,966,000  13,608,000 -21,746,250 6,267,000  33,038,000                  
      acquisition and integration cost
              -9,947,000                       
      net loss attributable to common stockholders
              -23,508,000    -126,290,000  -11,835,000 -44,529,000 -47,306,000 -24,895,000 -6,777,000 -15,356,000 -19,758,000 -13,531,000 3,427,000 -7,747,000 -6,510,000 -6,314,000 -11,566,000 -8,368,000 -13,053,000 -20,212,000  
      change in fair value of contingent consideration
               -34,584,000 -14,030,000 -46,126,000 -2,968,000 -65,050,000 -6,367,000 6,261,000 -1,480,000               
      acquisition and integration costs
                1,395,000 -1,867,000 2,197,000 -4,599,000 1,446,000 1,714,000 14,182,000 7,030,000              
      foreign currency loss
                -2,720,500 -4,673,000         -10,000           
      net income per share
    -0.14 -1.36 -0.18 -0.26 -0.25 -2.9 -0.09 -0.56 -2.74 -0.63 -0.67 0.41 -11.32 0.19 -3.75  -0.32 -1.35 -1.43 -0.85 -0.24 -0.56 -0.73 -0.51 0.18 -0.33 -0.29 -0.28 -0.5 -0.4  -1.54  
      basic
                   0.98               -0.64   
      diluted
                   0.91               -0.64   
      weighted-average common shares outstanding:
                                     
      basic
                   33,741               20,300   
      diluted
                   37,185               20,300   
      interest income
                      -3,078,000 -3,045,000   -10,000 284,000          
      fi share and other third-party costs
                        38,388,000 27,971,000 16,811,000 26,138,000 38,986,000 32,470,000 27,620,000 19,004,000 26,222,000 17,982,000 19,747,000 21,420,000  
      change in fair value of warrant liabilities
                                 801,000 1,611,000 -9,172,000  
      other expense
                            -282,500 -931,000 -690,000       
      adjustments to the carrying value of preferred stock
                                     
      change in fair value of convertible promissory notes
                                     
      change in fair value of convertible promissory notes—related parties
                                     
      other income
                                -489,000 -257,000 -2,038,000 683,000  
      adjustments to the carrying value of redeemable convertible preferred stock
                                   -157,000  
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 
                                      
        assets
                                      
        current assets:
                                      
        cash and cash equivalents
      43,961,000 46,745,000 52,046,000 65,594,000 66,988,000 71,248,000 97,766,000 91,830,000 90,067,000 92,069,000 139,194,000 121,905,000 138,514,000 157,038,000 208,293,000 233,467,000 237,372,000 250,603,000 613,548,000 293,239,000 287,639,000 98,370,000 102,174,000 104,458,000 95,184,000 32,495,000 36,428,000 39,623,000 47,812,000 50,468,000 89,785,000 21,262,000 
        accounts receivable
      85,496,000 93,189,000 96,094,000 103,252,000 105,587,000 102,671,000 105,164,000 120,622,000 103,324,000 97,279,000 93,707,000 115,609,000 97,168,000 92,206,000 96,529,000 111,085,000 83,841,000 73,468,000 75,334,000 81,249,000 53,392,000 36,566,000 57,668,000 81,452,000 61,691,000 63,772,000 53,245,000 58,125,000 36,822,000 40,488,000 39,907,000 48,348,000 
        other receivables
      5,908,000 3,431,000 3,358,000 3,801,000 3,968,000 4,696,000 5,834,000 5,379,000 4,865,000 4,466,000 5,143,000 4,470,000 4,675,000 4,955,000 5,717,000 6,097,000 6,450,000 6,142,000 5,911,000 5,306,000 5,678,000 5,007,000 4,066,000 3,908,000 3,634,000 3,171,000 2,328,000 2,417,000 3,530,000 3,073,000 2,748,000 2,898,000 
        prepaid expenses and other assets
      5,345,000 7,035,000 5,331,000 5,336,000 6,787,000 6,717,000 9,491,000 6,097,000 7,260,000 7,824,000 8,261,000 7,978,000 8,697,000 9,658,000 8,809,000 7,981,000 7,761,000 8,132,000 7,669,000 5,687,000 7,125,000 6,356,000 6,013,000 5,783,000 5,320,000 5,609,000 5,037,000 3,956,000 3,686,000 3,430,000 3,658,000 2,121,000 
        total current assets
      140,710,000 150,400,000 156,829,000 177,983,000 183,330,000 185,332,000 218,255,000 223,928,000 205,589,000 201,714,000 246,387,000 250,042,000 249,128,000 263,938,000 319,440,000 358,725,000 335,532,000 338,456,000 702,573,000 385,591,000 353,943,000 146,404,000 170,042,000 195,730,000 166,075,000 115,301,000 117,298,000 124,368,000 111,850,000 117,459,000 136,098,000 74,629,000 
        long-term assets:
                                      
        property and equipment
      2,206,000 2,389,000 2,466,000 2,596,000 2,847,000 3,084,000 2,906,000 3,323,000 3,005,000 3,401,000 4,755,000 5,916,000 7,103,000 8,619,000 9,909,000 11,273,000 12,367,000 13,095,000 14,118,000 13,865,000 13,338,000 12,983,000 13,085,000 14,290,000 12,125,000 11,895,000 11,351,000 10,230,000 9,273,000 7,829,000 7,363,000 7,319,000 
        right-of-use assets under operating leases
      5,328,000 4,633,000 5,062,000 6,341,000 6,933,000 7,459,000 8,342,000 7,310,000 4,823,000 4,510,000 7,295,000 6,571,000 9,276,000 10,304,000 9,249,000 10,196,000 11,299,000 11,694,000 10,810,000 10,764,000 9,669,000 10,422,000 9,421,000          
        intangible assets
      7,007,000 8,462,000 9,916,000 11,371,000 12,826,000 29,433,000 32,218,000 35,003,000 43,116,000 46,563,000 50,006,000 53,475,000 113,878,000 121,047,000 128,250,000 125,550,000 130,692,000 137,185,000 78,981,000 447,000 424,000 407,000 404,000 389,000 375,000 369,000 367,000 370,000 365,000 366,000 359,000 528,000 
        goodwill
      110,305,000 159,429,000 159,429,000 159,429,000 159,429,000 277,202,000 277,202,000 277,202,000 352,721,000 352,721,000 352,721,000 352,721,000 665,813,000 665,813,000 747,578,000 742,516,000 718,952,000 718,490,000 203,181,000              
        capitalized software development costs
      25,595,000 34,415,000 33,867,000 33,341,000 31,859,000 29,572,000 27,005,000 24,643,000 23,721,000 21,922,000 20,811,000 19,925,000 18,377,000 16,680,000 14,115,000 13,131,000 11,734,000 9,157,000 7,788,000 6,299,000 5,585,000 4,738,000 3,789,000 3,815,000 3,099,000 2,529,000 2,015,000 1,625,000 1,278,000 1,070,000 880,000 433,000 
        other long-term assets
      1,656,000 1,406,000 1,504,000 1,650,000 2,169,000 2,290,000 3,023,000 2,735,000 1,941,000 2,493,000 2,621,000 2,586,000 2,737,000 3,106,000 2,638,000 2,406,000 2,563,000 2,617,000 2,681,000 1,786,000 1,720,000 1,701,000 1,962,000 1,706,000 1,338,000 1,281,000 1,369,000 1,293,000 1,104,000 1,097,000 988,000 4,224,000 
        total assets
      292,807,000 361,134,000 369,073,000 392,711,000 399,393,000 534,372,000 568,951,000 574,144,000 634,916,000 633,324,000 684,596,000 691,236,000 1,066,312,000 1,089,507,000 1,231,179,000 1,263,797,000 1,224,581,000 1,232,867,000 1,023,035,000 422,537,000 389,422,000 183,039,000 206,078,000 224,313,000 193,247,000 143,556,000 146,467,000 153,763,000 138,073,000 140,246,000 157,807,000 100,758,000 
        liabilities and stockholders' equity
                                      
        current liabilities:
                                      
        accounts payable
      3,613,000 1,945,000 4,445,000 3,689,000 3,927,000 4,866,000 3,974,000 4,425,000 3,479,000 1,698,000 2,073,000 3,765,000 4,768,000 2,810,000 3,839,000 4,619,000 3,806,000 5,217,000 3,249,000 1,363,000 1,738,000 1,177,000 1,146,000 1,229,000 1,946,000 1,212,000 1,896,000 2,099,000 2,437,000 918,000 1,783,000 1,554,000 
        accrued liabilities:
                                      
        accrued compensation
      7,295,000 7,244,000 6,442,000 5,494,000 8,250,000 5,490,000 8,091,000 11,662,000 11,086,000 8,609,000 7,457,000 10,486,000 12,940,000 9,634,000 7,910,000 12,136,000 10,705,000 9,090,000 8,334,000 7,582,000 8,305,000 4,904,000 5,023,000 8,186,000 6,944,000 5,709,000 4,734,000 5,936,000 5,487,000 4,305,000 3,263,000 4,638,000 
        accrued expenses
      7,474,000 6,457,000 8,378,000 7,175,000 8,359,000 6,772,000 4,317,000 9,587,000 9,666,000 10,466,000 21,990,000 21,335,000 20,556,000 20,963,000 14,631,000 19,620,000 6,054,000 8,207,000 8,714,000 5,502,000 3,203,000 3,270,000 3,003,000 6,018,000 3,906,000 4,012,000 3,743,000 4,388,000 3,537,000 4,510,000 3,918,000 4,615,000 
        partner share liability
      22,153,000 27,196,000 28,759,000 32,479,000 30,783,000 33,719,000 35,536,000 48,867,000 43,495,000 49,055,000 38,950,000 48,593,000 41,051,000 42,176,000 36,995,000 46,595,000 35,285,000 28,688,000 30,708,000              
        consumer incentive liability
      32,109,000 35,996,000 31,800,000 45,513,000 49,912,000 45,433,000 43,964,000 52,678,000 48,922,000 43,090,000 43,354,000 53,983,000 48,353,000 42,923,000 45,098,000 52,602,000 42,925,000 36,561,000 35,318,000 24,290,000 14,293,000 9,113,000 14,223,000 19,861,000 15,873,000 15,485,000 15,217,000 11,476,000 4,830,000 5,834,000 6,949,000 7,242,000 
        short-term debt
      46,070,000 46,009,000 45,936,000 45,863,000 45,789,000    30,000,000 30,000,000                       
        deferred revenue and other liabilities
      3,372,000                                
        current operating lease liabilities
      1,617,000 1,199,000 1,658,000 2,025,000 2,361,000 2,279,000 2,079,000 2,127,000 2,244,000 3,002,000 4,713,000 4,910,000 6,088,000 6,091,000 6,249,000 6,028,000 5,589,000 6,000,000 5,448,000 4,718,000 3,678,000 3,712,000 3,337,000          
        current contingent consideration
        1,825,000 4,563,000 4,463,000 4,363,000 2,595,000 39,398,000 27,268,000 18,987,000 69,537,000 104,121,000 118,151,000 164,277,000 128,941,000 182,470,000 167,430,000 164,952,000               
        total current liabilities
      123,703,000 129,149,000 131,851,000 148,955,000 155,908,000 104,601,000 102,550,000 171,149,000 179,483,000 167,922,000 190,843,000 248,944,000 254,911,000 293,528,000 246,785,000 327,350,000 274,456,000 262,972,000 92,037,000 81,274,000 58,255,000 42,460,000 58,408,000 78,401,000 63,134,000 57,424,000 49,555,000 51,922,000 36,747,000 52,547,000 80,801,000 42,139,000 
        long-term liabilities:
                                      
        convertible senior notes
      168,570,000 168,289,000 168,009,000 167,729,000 167,448,000 212,885,000 227,870,000 227,504,000 227,139,000 226,774,000 226,407,000 226,047,000 225,678,000 225,314,000 224,948,000 184,398,000 181,733,000 179,113,000 176,540,000 174,011,000 171,529,000            
        long-term operating lease liabilities
      5,176,000 4,915,000 5,123,000 6,034,000 6,323,000 6,805,000 7,652,000 6,391,000 2,878,000 2,432,000 4,933,000 4,306,000 5,135,000 6,382,000 5,268,000 6,801,000 7,800,000 8,218,000 8,887,000 9,381,000 9,280,000 10,114,000 9,305,000          
        long-term deferred revenue
      62,000 75,000    30,000 51,000 67,000    334,000    173,000                 
        total liabilities
      297,511,000 302,428,000 304,983,000 322,718,000 329,696,000 324,338,000 369,814,000 439,346,000 409,581,000 397,212,000 452,276,000 479,631,000 485,803,000 525,350,000 519,509,000 573,097,000 535,961,000 518,475,000 278,143,000 265,345,000 239,064,000 52,574,000 67,720,000 81,046,000 65,926,000 97,018,000 99,290,000 101,788,000 86,846,000    
        stockholders’ equity:
                                      
        common stock
      10,000 10,000 10,000 10,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 7,000 7,000      
        additional paid-in capital
      1,393,138,000 1,385,465,000 1,376,692,000 1,366,958,000 1,356,173,000 1,346,876,000 1,331,628,000 1,243,594,000 1,230,458,000 1,219,530,000 1,190,949,000 1,182,568,000 1,169,213,000 1,163,126,000 1,188,076,000 1,212,823,000 1,198,780,000 1,181,290,000 1,164,320,000 551,429,000 535,863,000 499,663,000 487,903,000 480,578,000 466,737,000 378,773,000 373,351,000      
        accumulated other comprehensive income
      -2,038,000 -3,628,000 1,246,000 3,601,000 -1,498,000 2,953,000 3,047,000 2,467,000 5,304,000 3,043,000 4,324,000 5,598,000 9,578,000 5,580,000 1,853,000 486,000 615,000 -652,000 -488,000 -192,000 1,763,000 2,714,000 2,609,000 1,312,000 2,634,000 2,069,000 1,620,000      
        accumulated deficit
      -1,395,814,000 -1,323,141,000 -1,313,858,000 -1,300,576,000 -1,284,987,000 -1,139,804,000 -1,135,547,000 -1,111,272,000 -1,010,436,000 -986,470,000 -962,962,000 -976,570,000 -598,291,000 -604,558,000 -478,268,000 -522,618,000 -510,783,000 -466,254,000 -418,948,000 -394,053,000 -387,276,000 -371,920,000 -352,162,000 -338,631,000 -342,058,000 -334,311,000 -327,801,000      
        total stockholders’ (deficit) equity
      -4,704,000                                
        total liabilities and stockholders’ equity
      292,807,000 361,134,000 369,073,000 392,711,000 399,393,000 534,372,000 568,951,000 574,144,000 634,916,000 633,324,000 684,596,000 691,236,000 1,066,312,000 1,089,507,000 1,231,179,000 1,263,797,000 1,224,581,000 1,232,867,000 1,023,035,000 422,537,000 389,422,000 183,039,000 206,078,000 224,313,000 193,247,000 143,556,000 146,467,000      
        deferred revenue
       3,103,000 2,608,000 2,154,000 2,064,000 1,679,000 1,994,000 2,405,000 3,323,000 3,015,000 2,769,000 1,751,000 3,004,000 4,654,000 3,122,000 3,280,000 2,627,000 2,777,000 259,000 349,000 542,000 969,000 603,000 1,127,000         
        total stockholders’ equity
       58,706,000 64,090,000 69,993,000 69,697,000 210,034,000 199,137,000 134,798,000 225,335,000 236,112,000 232,320,000 211,605,000 580,509,000 564,157,000 711,670,000 690,700,000 688,620,000 714,392,000 744,892,000 157,192,000 150,358,000 130,465,000 138,358,000 143,267,000 127,321,000 46,538,000 47,177,000      
        line of credit
                                    25,634,000  
        long-term contingent consideration
            1,667,000 4,162,000       38,304,000 49,825,000 71,232,000 67,449,000               
        other long-term liabilities
          17,000 17,000       21,000 28,000 4,037,000 4,550,000 679,000 679,000 679,000 679,000             
        commitments and contingencies
                                      
        long-term debt
            30,024,000 30,073,000   30,000,000             13,000 19,000 36,681,000 46,691,000 46,693,000 46,794,000    
        restricted cash
              73,000 76,000 82,000 80,000 74,000 81,000 92,000 95,000 108,000 111,000 111,000 110,000 109,000 105,000 121,000 129,000 246,000 10,254,000 20,260,000 20,247,000 20,000,000 20,000,000   
        deferred liabilities
              81,000 84,000 93,000  58,000 98,000 167,000         2,632,000 2,773,000 2,913,000 3,044,000 3,173,000 3,305,000 3,437,000 3,554,000 3,670,000 
        deferred implementation costs
                      1,442,000 2,173,000 2,903,000              
        current finance lease liabilities
                      35,000 23,000 7,000 13,000 19,000 24,000 24,000          
        long-term finance lease liabilities
                      61,000 44,000     7,000          
        other current liabilities
                       1,457,000               
        deferred fi implementation costs
                         3,785,000 4,743,000 6,384,000 7,375,000 8,383,000 10,235,000 12,181,000 14,067,000 15,877,000 14,203,000 12,425,000 12,119,000 13,625,000 
        fi share liability
                         37,457,000 26,477,000 19,291,000 31,049,000 41,956,000 33,697,000 30,587,000 23,369,000 27,656,000 20,185,000 20,729,000 21,376,000 23,914,000 
        current portion of long-term debt
                             24,000 23,000 22,000 22,000 21,000 21,000    
        deferred billings
                              745,000 397,000 574,000 346,000 250,000 174,000 189,000 132,000 
        liabilities and stockholders' (deficit) equity
                                      
        long-term warrant liability
                                      
        liabilities and stockholders’ (deficit) equity
                                      
        short-term warrant liability
                                   16,055,000 17,666,000  
        current portion of long-term debt:
                                      
        capital leases
                                   22,000 23,000 44,000 
        lines of credit
                                   27,477,000  25,081,000 
        term loans
                                   19,972,000  31,830,000 
        total long-term liabilities
                                   50,933,000 36,448,000 70,868,000 
        short-term debt:
                                      
        term loan
                                    32,842,000  
        liabilities and stockholders’ deficit
                                      
        warrant liability
                                     10,230,000 
        convertible promissory notes
                                      
        convertible promissory notes—related parties
                                      
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 
                                        
          operating activities
                                        
          net loss
        -8,250,000 -72,673,000 -9,283,000 -13,282,000 -15,589,000 -145,183,000   -100,836,000 -23,966,000   -378,279,000 6,267,000   -11,835,000 -44,529,000 -47,306,000 -24,895,000 -6,777,000 -15,356,000 -19,758,000 -13,531,000 3,427,000 -7,747,000 -6,510,000 -6,314,000 -11,566,000 -8,368,000 -13,053,000 -20,055,000 
          adjustments to reconcile net loss to net cash from operating activities:
                                        
          credit loss expense
        352,000 -51,000 1,190,000 643,000 2,126,000 219,000 2,191,000 1,570,000 551,000 409,000 990,000 -246,000 1,450,000 -92,000 695,000 346,000 262,000 284,000 152,000 1,004,000             
          depreciation and amortization
        6,205,000 6,473,000 6,275,000 6,291,000 5,940,000 6,970,000 6,529,000 6,250,000 6,695,000 5,990,000 7,200,000 6,575,000 6,849,000 10,468,000 10,356,000 9,871,000 9,598,000 8,375,000 8,833,000 3,065,000 2,017,000 1,933,000 1,545,000 2,331,000 1,354,000 1,167,000 1,053,000 961,000 811,000 777,000 784,000 910,000 
          amortization of financing costs charged to interest expense
        328,000 390,000 399,000 405,000 398,000 385,000 405,000 445,000 414,000 415,000 412,000 407,000 403,000 402,000 388,000 402,000 267,000 253,000 229,000 219,000 22,000 242,000 24,000 24,000 23,000 22,000 23,000 27,000 27,000 26,000 89,000 140,000 
          amortization of right-of-use asset
                                        
          impairment of goodwill and intangible assets
                                      
          loss on divestiture
                                        
          gain on debt extinguishment
                                      
          stock-based compensation expense
        5,512,000 6,422,000 7,501,000 8,694,000 8,673,000 8,065,000 12,644,000 10,985,000 11,024,000 10,249,000 11,739,000 7,968,000 12,492,000 5,767,000 12,842,000 13,585,000 12,849,000 16,830,000 13,337,000 7,248,000 7,585,000 11,578,000 9,108,000 4,125,000 3,585,000 7,486,000 3,072,000 1,708,000     
          change in contingent consideration
        42,000 60,000 100,000 101,000 -5,808,000 5,817,000                         
          other non-cash expense
          -5,456,000 -2,620,000   -4,000 667,000 -3,557,000 2,534,000 -2,242,000 -905,000 -3,935,000 4,437,000 4,513,000 1,574,000 68,000 1,554,000 -138,000 -141,000 -2,169,000 -907,000 150,000 1,923,000 -1,803,000 1,431,000 1,238,000 -235,000 635,000 263,000   
          change in operating assets and liabilities:
                                        
          accounts receivable and contracts assets
                                        
          prepaid expenses and other assets
        2,033,000 1,395,000 -1,569,000 -56,000 1,589,000 164,000 3,057,000 -3,450,000 1,378,000 684,000 799,000 -369,000 991,000 1,429,000 -1,160,000 -725,000 -170,000 600,000 -51,000 -1,845,000 1,347,000 -809,000 -94,000 -509,000 -856,000 254,000 -449,000 -1,173,000 -478,000 -288,000 11,000 -1,520,000 
          accounts payable
        372,000 1,644,000 -2,388,000 551,000 -321,000 10,000 685,000 125,000 504,000 1,781,000 -355,000 -1,691,000 -1,004,000 1,932,000 -966,000 -855,000 1,218,000 -1,979,000 1,526,000 495,000 -99,000 278,000 -415,000 252,000 -200,000 -95,000 385,000 -691,000 690,000 1,060,000 -431,000 -408,000 
          other accrued expenses
        -2,486,000 842,000 -975,000 1,895,000 -3,452,000 4,061,000 381,000 -7,634,000 2,790,000 672,000 -7,818,000 -3,136,000 -3,702,000 -44,000 5,799,000 -11,569,000 1,721,000 -4,647,000 1,025,000 996,000 5,633,000 51,000 66,000 -6,988,000 4,699,000 1,130,000 2,093,000 -1,770,000 3,231,000 261,000 1,599,000 -1,836,000 
          partner share liability
        2,712,000 -5,007,000 -2,053,000 -3,860,000 1,980,000 -3,216,000 -1,823,000 -13,291,000 5,399,000 -5,263,000 9,970,000 -9,701,000 7,557,000 -1,015,000 4,779,000 -9,600,000 11,310,000 6,597,000 -2,019,000 -6,749,000             
          customer incentive liability
                               -5,638,000 3,988,000 388,000 268,000 3,741,000 6,646,000 -1,003,000 -1,116,000 -293,000 
          net cash from operating activities
        13,010,000 1,761,000 1,225,000 -6,706,000 2,979,000 1,385,000 4,429,000 -17,617,000 2,934,000 1,194,000 5,751,000 -10,064,000 -13,101,000 -14,434,000 -6,678,000 -19,691,000  -10,458,000 -14,978,000 -12,532,000   -4,238,000 -3,406,000   -1,486,000 -1,483,000 -4,695,000 -1,515,000 -12,695,000 -90,000 
          capital expenditures
        -2,557,000 -4,464,000 -4,658,000 -4,103,000 -4,436,000 -5,257,000 -4,858,000 -4,747,000 -3,697,000 -3,146,000 -2,747,000 -2,802,000 -3,051,000 -3,288,000 -4,261,000 -2,711,000  -2,861,000 -2,921,000 -3,300,000   -1,943,000 -1,414,000   -3,177,000 -1,981,000 -3,148,000 -2,022,000 -1,357,000 -792,000 
          free cash flows
        10,453,000 -2,703,000 -3,433,000 -10,809,000 -1,457,000 -3,872,000 -429,000 -22,364,000 -763,000 -1,952,000 3,004,000 -12,866,000 -16,152,000 -17,722,000 -10,939,000 -22,402,000  -13,319,000 -17,899,000 -15,832,000   -6,181,000 -4,820,000   -4,663,000 -3,464,000 -7,843,000 -3,537,000 -14,052,000 -882,000 
          investing activities
                                        
          acquisition of property and equipment
        -25,000 -14,000 -322,000 -119,000 -123,000 -507,000 -281,000 -651,000 -274,000 -51,000 18,000 -360,000 -81,000 -201,000 -492,000 -397,000 -963,000 -355,000 -413,000 -1,377,000 -2,717,000 -1,466,000 -733,000 -492,000 -3,716,000 -542,000 -2,527,000 -1,492,000 -2,730,000 -1,698,000 -1,074,000 -418,000 
          capitalized software development costs
        -2,532,000 -4,450,000 -4,336,000 -3,984,000 -4,313,000 -4,750,000 -4,577,000 -4,096,000 -3,423,000 -3,095,000 -2,765,000 -2,442,000 -2,970,000 -3,087,000 -3,769,000 -2,314,000 -2,386,000 -2,506,000 -2,508,000 -1,923,000 -1,114,000 -1,387,000 -1,210,000 -922,000 -876,000 -697,000 -650,000 -489,000 -418,000 -324,000 -283,000 -374,000 
          proceeds from divestitures, net of cash divested
                                        
          net cash from investing activities
        -2,277,000 -4,464,000 -4,658,000 -3,903,000 -4,086,000 -5,257,000 -4,656,000 -4,747,000 -1,367,000 -3,146,000 -2,747,000 -2,802,000 -3,153,000 -3,304,000 -4,269,000 -5,034,000 -3,414,000 -2,871,000 -348,448,000 -151,962,000 -3,857,000 -2,873,000 -1,950,000 -1,437,000 -4,609,000 -1,248,000 -3,182,000 -1,981,000 -3,157,000 -2,024,000 -1,367,000 -794,000 
          financing activities
                                        
          proceeds from issuance of debt
        6,000,000       30,000,000                   
          principal payments of debt
                -10,000 -10,000 -7,000 -4,000 -11,000 -3,000 -8,000 -13,000   -5,000 -6,000 -6,000 -6,000 -5,000 -6,000 -6,000 -36,682,000 -10,005,000 -5,000 -106,000 -664,000 -51,785,000 -26,000 
          proceeds from termination of capped calls related to convertible notes
                                      
          proceeds from issuance of common stock
            11,000 48,634,000 44,000   -18,000 4,000 198,000 195,000 225,000 473,000 977,000 484,713,000 3,805,000 945,000 2,290,000 3,145,000 9,294,000 80,709,000 1,040,000 173,000 155,000 1,652,000 37,000 70,490,000 
          settlement of contingent consideration
        -2,000,000 -3,000,000 -1,000 5,908,000 -20,074,000                       
          equity issuance costs
            -119,000                   -158,000    -52,000 -665,000 -1,232,000 
          debt issuance costs
        -17,000 -12,000 -59,000 -34,000 -201,000 -268,000       7,000 -7,000   -114,000 -44,000 -42,000     -50,000 -87,000 -6,000   
          net cash from financing activities
        -6,017,000 -12,000 -2,059,000 -3,034,000 -202,000 -388,000 -26,287,000 28,321,000  21,000 -50,076,000 29,981,000            3,139,000 9,130,000 43,939,000 -9,052,000 162,000 49,000 936,000 -5,026,000 69,232,000 
          effect of exchange rates on cash, cash equivalents and restricted cash
            -85,000 -4,000 -21,000 75,000 -74,000 -59,000 176,000 -170,000 -787,000 -335,000 -634,000 -174,000 -275,000 -257,000 139,000 425,000 114,000 96,000 -588,000 536,000 -336,000 -219,000 120,000 -139,000 -53,000 -229,000 175,000 
          net decrease in cash, cash equivalents and restricted cash
            -1,394,000 -4,260,000   1,690,000 -2,005,000    -18,531,000         -3,820,000 -2,292,000         
          cash, cash equivalents, and restricted cash — beginning of period
            91,830,000 121,985,000 233,562,000 293,349,000 104,587,000 59,870,000    
          cash, cash equivalents, and restricted cash — end of period
            -1,394,000 -4,260,000 -26,518,000 97,766,000 1,690,000 -2,005,000 -47,131,000 139,276,000 -16,603,000 -18,531,000 -51,266,000 208,385,000 -3,918,000 -13,234,000 -362,945,000 613,659,000 5,601,000 189,273,000 -3,820,000 102,295,000 9,157,000 52,681,000 -13,939,000 56,688,000 -7,942,000    
          amortization of right-of-use assets
         515,000 642,000 632,000  555,000 523,000 549,000  602,000 970,000 1,235,000  1,291,000 1,423,000 1,516,000  1,416,000 1,281,000 1,073,000  908,000 852,000 879,000         
          gain on disposal or divestiture
         319,000                               
          other non-cash income
                                        
          accounts receivable
         4,643,000 2,629,000 7,536,000  -1,874,000 1,460,000 13,323,000  -7,078,000 -3,336,000 21,405,000  -4,581,000 4,384,000 15,279,000  -10,966,000 2,342,000 7,867,000 -27,406,000 -17,450,000 20,311,000 22,149,000 -20,229,000 1,235,000 -11,764,000 4,740,000 -20,309,000 3,182,000 -922,000 8,623,000 
          consumer incentive liability
         -3,819,000 4,071,000 -8,245,000  4,331,000 1,464,000 -8,698,000  5,883,000 -328,000 -10,630,000  5,431,000 -2,176,000 -7,503,000  6,364,000 1,242,000 -4,072,000  5,180,000           
          business divestiture and acquisitions, net of cash acquired
                                       
          principal payment of debt
                                        
          effect of exchange rates on cash and cash equivalents
         -69,000 191,000 95,000                             
          net decrease in cash and cash equivalents
         -2,784,000                               
          cash and cash equivalents — beginning of period
         65,594,000                             
          cash and cash equivalents — end of period
         -2,784,000 -5,301,000 52,046,000                             
          principal payments of the 2018 line of credit
                                        
          principal payments of 2020 convertible senior notes
                                        
          proceeds from issuance of 2024 convertible senior notes
                                        
          loss on disposal or divestiture
           -5,350,000                             
          business divestiture
           200,000                             
          net increase in cash and cash equivalents
           -13,548,000                             
          income tax benefit
                                      
          acquisition of patents
                    -102,000 -16,000 -8,000 -49,000 -65,000 -10,000 -30,000 -28,000 -26,000 -20,000 -7,000 -23,000 -17,000 -9,000   -9,000 -2,000 -10,000 -2,000 
          business acquisitions, net of cash acquired
                                       
          repurchase of common stock
                                      
          deferred equity issuance costs
                                      
          net income
               -24,275,000    13,608,000    33,038,000                 
          deferred financing costs
               -239,000                         
          net increase in cash, cash equivalents and restricted cash
               5,936,000    17,291,000    -25,177,000 -3,918,000   320,310,000 5,601,000    9,157,000 52,681,000 -13,939,000 -3,182,000 -7,942,000 -2,656,000 -19,317,000 68,523,000 
          accretion of debt discount and non-cash interest expense
                        2,435,000 2,398,000 2,359,000 2,321,000         826,000 1,500,000 
          change in fair value of contingent consideration
                   -34,584,000 -14,030,000 -46,126,000 -2,968,000 -65,050,000 -6,367,000 6,261,000               
          deferred implementation costs
                        1,442,000                
          net cash (used in) received from financing activities
                                        
          goodwill impairment
                                       
          loss in fair value of contingent consideration
                                        
          deferred debt costs
                 -13,000 -30,000 -15,000                     
          gain in fair value of contingent consideration
                                        
          adjustments to reconcile net income to net cash from operating activities:
                                        
          proceeds from issuance of convertible senior notes, net of issuance costs paid of 6,900
                                        
          purchase of capped calls related to convertible senior notes
                                       
          net cash received from financing activities
                      -39,984,000 182,000 225,000 370,000 738,000 484,665,000             
          net cash received provided by (used in) financing activities
                                        
          business acquisition, net of cash acquired
                      -2,274,000  -345,497,000 -148,634,000             
          recovery of deferred implementation costs
                                        
          net cash received from operating activities
                                        
          amortization of deferred implementation costs
                          730,000 882,000             
          change in the fair value of warrant liabilities
                                    -801,000 -1,611,000 9,172,000 
          amortization and impairment of deferred fi implementation costs
                            958,000            
          settlement of paid-in-kind interest
                                    -42,000   
          deferred fi implementation costs
                                    -3,500,000 -3,500,000 -3,344,000 1,094,000 
          recovery of deferred fi implementation costs
                                1,156,000 1,157,000 1,155,000 1,157,000 1,344,000 1,344,000   
          fi share liability
                            10,980,000 7,186,000 -11,757,000 -10,908,000 8,260,000 3,109,000 7,219,000 -4,287,000 7,470,000 -543,000 -647,000 -2,538,000 
          proceeds from issuance of convertible senior notes
                                        
          bad debt expense
                             -45,000 -151,000 1,477,000         
          amortization of deferred fi implementation costs
                              991,000 1,008,000 696,000 789,000 731,000 653,000     
          change in the fair value of convertible promissory notes
                                        
          change in the fair value of convertible promissory notes - related parties
                                        
          proceeds from issuance of series g preferred stock
                                        
          change in fair value of warrant liabilities
                                        
          net cash (used in) from operating activities
                                        
          supplemental schedule of non-cash investing and financing activities:
                                        
          amounts accrued for property and equipment
                                  -1,093,000 1,146,000 -1,057,000 472,000 70,000 1,155,000 
          amounts accrued for capitalized software development costs
                                     -77,000 -55,000 141,000 
          termination of u.k. agreement expense
                                        
          payable to related party
                                        
          proceeds from issuance of debt—related parties
                                        
          debt extinguishment costs
                                        
          stock-based compensation
                                        
          cash flows from operating activities:
                                        
          change in allowance for doubtful accounts
                                      16,000 -32,000 
          stock compensation expense
                                      8,345,000 2,900,000 
          total adjustment
                                      358,000 19,965,000 
          cash flows from investing activities:
                                        
          cash flows from financing activities:
                                        
          cash, cash equivalents and restricted cash—beginning of period
                                      21,262,000 
          cash, cash equivalents and restricted cash—end of period
                                      -19,317,000 89,785,000 
          cash paid for interest
                                      8,457,000 247,000 
          stock-based compensation capitalized for software development
                                      6,000 
          other non-cash expenses
                                       2,253,000 
          increase in allowance for doubtful accounts
                                        
          depreciation and amortization expense
                                        
          accretion of debt discount charged to interest expense
                                        
          change in fair value of warrant liability
                                        
          change in fair value of convertible promissory notes
                                        
          change in fair value of convertible promissory notes—related parties
                                        
          acquisition of intangible assets
                                        
          proceeds from issuance of debt — related parties
                                        
          cash, cash equivalents and restricted cash — beginning of period
                                        
          cash, cash equivalents and restricted cash — end of period