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Certara, Inc
(NASDAQ:CERT) 

CERT stock logo

Certara Inc. provides software products and technology-enabled services to customers for biosimulation in drug discovery, preclinincal and clinical research, regulatory submissions, and market access. It offers medicines to patients using biosimulation software and technology to transform drug disco...

Founded: 2008
CEO: William F. Feehery Ph.D.  
Sector: Healthcare
Industry: Biotechnology
Healthcare
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At a glance:
Bull Thesis:
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Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 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 
                          
      revenues
    		106,915,000 103,648,000 104,616,000 104,570,000 106,004,000 100,361,000 94,820,000 93,313,000 96,654,000 88,010,000 85,576,000 90,450,000 90,301,000 86,633,000 84,700,000 82,760,000 81,551,000 75,346,000 73,944,000 70,096,000 66,718,000  
      cost of revenues
    		41,618,000 39,171,000 39,718,000 40,716,000 41,521,000 38,263,000 37,189,000 39,809,000 39,255,000 34,066,000 35,876,000 36,224,000 34,856,000 31,782,000 32,812,000 35,194,000 32,789,000 29,289,000 28,769,000 27,542,000 26,016,000  
      operating expenses:
    		                      
      sales and marketing
    		13,355,000 14,016,000 12,998,000 13,989,000 12,717,000 13,197,000 11,347,000 12,213,000 10,687,000 8,671,000 7,238,000 8,111,000 8,002,000 7,800,000 6,376,000 7,121,000 6,111,000 6,718,000 5,082,000 4,589,000 3,752,000  
      research and development
    		12,286,000 11,280,000 10,266,000 8,972,000 10,522,000 7,772,000 8,271,000 9,067,000 11,995,000 8,018,000 8,980,000 7,888,000 9,287,000 6,598,000 6,318,000 7,741,000 7,548,000 6,517,000 4,530,000 4,626,000 4,706,000  
      general and administrative
    		29,377,000 23,893,000 24,647,000 17,186,000 19,654,000 21,141,000 22,030,000 28,071,000 22,979,000 33,608,000 27,760,000 14,245,000 19,772,000 18,329,000 17,327,000 17,778,000 18,339,000 18,744,000 26,199,000 18,034,000 16,562,000  
      depreciation and amortization
    		14,582,000 14,452,000 13,982,000 14,155,000                   
      total operating expenses
    		69,600,000 63,641,000 61,893,000 54,302,000 56,860,000 56,095,000 55,037,000 62,545,000 58,686,000 62,411,000 102,484,000 41,187,000 48,007,000 43,471,000 41,029,000 43,417,000 42,629,000 42,615,000 45,936,000 37,280,000 35,078,000  
      income from operations
    		-4,303,000 836,000 3,005,000 9,552,000 7,623,000 6,003,000 2,594,000 -9,041,000 -1,287,000 -8,467,000 -52,784,000 13,039,000 7,438,000 11,380,000 10,859,000 4,149,000 6,133,000 3,442,000 -761,000 5,274,000 5,624,000  
      yoy
    		-156.45% -86.07% 15.84% -205.65% -692.31% -170.90% -104.91% -169.34% -117.30% -174.40% -586.09% 214.27% 21.28% 230.62% -1526.94% -21.33% 9.05%      
      qoq
    		-614.71% -72.18% -68.54% 25.30% 26.99% 131.42% -128.69% 602.49% -84.80% -83.96% -504.82% 75.30% -34.64% 4.80% 161.73% -32.35% 78.18% -552.30% -114.43% -6.22%   
      other income
    		                      
      interest expense
    		-4,941,000 -5,119,000 -5,011,000 -4,802,000 -4,806,000 -5,004,000 -5,187,000 -5,578,000 -5,751,000 -5,870,000 -5,903,000 -5,668,000 -5,475,000 -5,445,000 -5,221,000 -3,879,000 -3,228,000 -3,288,000 -3,289,000 -6,332,000 -3,928,000  
      net other income
    		1,301,000 1,373,000 1,739,000 1,501,000 1,725,000 1,181,000 932,000 2,350,000 1,604,000 1,953,000 5,078,000 1,010,000 506,000          
      total other expenses
    		-3,640,000 -3,746,000 -3,272,000 -3,301,000 -3,081,000 -3,823,000 -4,255,000 -3,228,000 -4,147,000 -3,917,000 -825,000 -4,658,000 -4,969,000 -7,655,000 -2,366,000 -1,358,000 -2,387,000      
      income before income taxes
    		-7,943,000 -2,910,000 -267,000 6,251,000 4,542,000 2,180,000 -1,661,000 -12,269,000 -5,434,000 -12,384,000 -53,609,000 8,381,000 2,469,000 3,725,000 8,493,000 2,791,000 3,746,000 -157,000 -3,393,000 -1,404,000 1,579,000  
      provision for income taxes
    		820,000 2,985,000 -1,792,000 8,219,000  -4,397,000 -290,000 305,000 -751,000 72,000 -4,644,000 3,675,000 1,111,000 -5,449,000 4,557,000 3,380,000 1,536,000   1,453,000 527,000  
      net income attributable to common stockholders:
    		-8,763,000 1,075,000 1,525,000                    
      other comprehensive income:
    		                      
      foreign currency translation adjustment, net of tax of 338 and (110), respectively
    		-5,151,000                      
      change in fair value from interest rate swap, net of tax of 408 and (208), respectively
    		1,242,000                      
      total other comprehensive income
    		-3,909,000 93,000 -3,002,000 10,217 8,156,000 -8,411,000 3,315,000 -1,292,000 557,000 121,000 -4,541,000 4,147,000 910,000   -6,672,000  -996,000 -2,845,000 2,570,000   
      comprehensive income
    		-12,672,000 -5,802,000 -1,477,000 8,249 12,899,000 -1,834,000 1,944,000 -13,866,000 -4,126,000   8,853,000 2,268,000     -1,227,500 -4,607,000 -287,000   
      net income per share
    		   -1,968                   
      basic
    		-0.06 -0.04 0.01 -0.01 0.03 0.04 -0.01 -0.08 -0.03 -0.08 -0.31 0.03 0.01 0.05 0.03  0.01 -0.005 -0.01 -0.02 0.01  
      diluted
    		-0.06 -0.04 0.01 -0.01 0.03 0.04 -0.01 -0.08 -0.03 -0.08 -0.31 0.03 0.01 0.06 0.02  0.01 -0.005 -0.01 -0.02 0.01  
      weighted-average common shares outstanding:
    		                      
      basic
    		157,754,647 160,394,418 160,403,011 160,916,057 160,996,258 160,392,805 160,642,052 160,505,223 159,524,270 158,936,251 159,165,206 158,955,822 158,177,025 156,876,942 157,140,166 156,478,724 155,936,953  149,016,609 147,485,566 147,160,084  
      diluted
    		157,754,647 160,394,418 160,600,570 160,916,057 161,350,292 160,392,805 160,642,052 160,505,223 159,524,270 158,936,251 159,165,206 159,906,972 159,727,412 159,354,394 159,587,645 156,478,724 159,160,321  149,016,609 147,485,566 152,084,745  
      foreign currency translation adjustment, net of tax of (144), (390), (1,130), and (346), respectively
    		 4,739,250 -2,418,000                    
      change in fair value from interest rate swap, net of tax of (198), (795), (1,222), and (788), respectively
    		 -896,500 -584,000                    
      net income per share
    		   -1,968                   
      foreign currency translation adjustment, net of tax of (875), (15), (986), and 45, respectively
    		   12,633                   
      change in fair value from interest rate swap, net of tax of (816), (180), (1,024), and 6, respectively
    		   -2,416                   
      comprehensive income
    		-12,672,000 -5,802,000 -1,477,000 8,249 12,899,000 -1,834,000 1,944,000 -13,866,000 -4,126,000   8,853,000 2,268,000     -1,227,500 -4,607,000 -287,000   
      basic
    		-0.06 -0.04 0.01 -0.01 0.03 0.04 -0.01 -0.08 -0.03 -0.08 -0.31 0.03 0.01 0.05 0.03  0.01 -0.005 -0.01 -0.02 0.01  
      diluted
    		-0.06 -0.04 0.01 -0.01 0.03 0.04 -0.01 -0.08 -0.03 -0.08 -0.31 0.03 0.01 0.06 0.02  0.01 -0.005 -0.01 -0.02 0.01  
      intangible asset amortization
    		    13,094,000 13,313,000 12,950,000 12,743,000 12,593,000 11,701,000 11,155,000 10,582,000 10,535,000 10,334,000 10,591,000 10,355,000 10,149,000 10,188,000 9,592,000 9,479,000 9,456,000  
      depreciation and amortization expense
    		    873,000 672,000 439,000 451,000 432,000 413,000 367,000 361,000 411,000 410,000 417,000 422,000 482,000 448,000 533,000 552,000 602,000  
      benefit for income taxes
    		    -201,000                  
      net income
    		    4,743,000 6,577,000 -1,371,000 -12,574,000 -4,683,000 -12,456,000 -48,965,000 4,706,000 1,358,000 9,174,000 3,936,000 -589,000 2,210,000 -9,699,000 -1,762,000 -2,857,000 1,052,000  
      yoy
    		    -201.28% -152.80% -97.20% -367.19% -444.85% -235.78% -1344.03% -898.98% -38.55% -194.59% -323.38% -79.38% 110.08%      
      qoq
    		    -27.89% -579.72% -89.10% 168.50% -62.40% -74.56% -1140.48% 246.54% -85.20% 133.08% -768.25% -126.65% -122.79% 450.45% -38.33% -371.58%   
      foreign currency translation adjustment, net of tax of (110) and 60, respectively
    		    8,742,000                  
      change in fair value from interest rate swap, net of tax of (208) and 186 respectively
    		    -586,000                  
      goodwill impairment expense
    		          46,984,000            
      foreign currency translation adjustment, net of tax of (390), 254, (346), and (33) respectively
    		     1,248,000 5,700,000                
      change in fair value from interest rate swap, net of tax of (795), 37, (788), and 211 respectively
    		     -603,000 -2,385,000                
      foreign currency translation adjustment, net of tax of (15), (104), 45, and (287) respectively
    		       -701,000               
      change in fair value from interest rate swap, net of tax of (180), 762, 6, and 174 respectively
    		       -591,000               
      foreign currency translation adjustment, net of tax of 60, (182), respectively
    		        -7,000              
      change in fair value from interest rate swap, net of tax of 186, (588), respectively
    		        564,000              
      foreign currency translation adjustment
    		         -60,500 -4,658,000 1,815,000 2,601,000 -5,048,250 -9,489,000 -7,520,000 -3,184,000 -1,010,250 -2,798,000 302,000 -1,545,000  
      change in fair value from interest rate swap, net of tax of 37, 1,716, 211, 2,137, respectively
    		         189,500 117,000            
      comprehensive loss
    		         -10,596,250 -53,506,000   -2,111,250 -274,000 -7,261,000 -910,000    -16,000  
      change in fair value from interest rate swap, net of tax of 762, 362, 174, 422, respectively
    		           2,332,000           
      other expenses:
    		                      
      change in fair value from interest rate swap, net of tax of (588) and 60, respectively
    		            -1,691,000          
      other
    		             1,554,250 2,855,000 2,521,000       
      other comprehensive loss:
    		                      
      change in fair value from interest rate swap, net of tax of 1,716, (16), 2,137, 145, respectively
    		             1,547,750 5,279,000        
      reclassification of fair value of interest rate swap, net of tax of 0,0,0,
    		                      
      total other comprehensive loss
    		             -3,500,500 -4,210,000  -3,120,000    -1,068,000  
      change in fair value from interest rate swap, net of tax of 362, 0, 422, 161, respectively
    		               848,000       
      reclassification of fair value of interest rate swap, net of tax of 0,
    		                      
      miscellaneous
    		                841,000 -311,000 657,000 -346,000 -117,000  
      change in fair value of interest rate swap, net of tax 60 and 161, respectively
    		                64,000      
      total other
    		                 -3,338,750 -2,632,000 -6,678,000   
      provision of income taxes
    		                 87,250 -1,631,000    
      change in fair value of interest rate swap, net of tax
    		                 107,500 -47,000    
      reclassification of fair value of interest rate swap, net of tax of 0, 0, (765), and 0
    		                 567,000     
      change in fair value from interest rate swap, net of tax 0, 94, 161, and
    		                      
      reclassification of fair value of interest rate swap, net of tax of (765), 0, (765), and 0
    		                   2,268,000   
      total other income
    		                    -4,045,000  
      change in fair value of interest rate swap, net of tax of 161 and
    		                    477,000  
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2026-03-31 2025-12-31 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 
                            
        assets
      		                      
        current assets:
      		                      
        cash and cash equivalents
      		149,484,000 189,392,000 172,711,000 162,266,000 179,086,000 179,183,000 233,023,000 224,599,000 224,776,000 234,951,000 272,312,000 245,190,000 244,135,000 236,586,000 210,509,000 194,755,000 184,315,000 185,797,000 416,850,000 267,757,000 272,988,000 271,382,000 
        accounts receivable
      		96,072,000 103,525,000 89,051,000 97,508,000 93,438,000 102,189,000 95,956,000 90,378,000 80,949,000 84,857,000 76,553,000 83,952,000 82,404,000 82,584,000 74,806,000 73,873,000 72,719,000 69,555,000 62,859,000 56,586,000 54,402,000 54,091,000 
        prepaid expenses and other current assets
      		25,004,000 22,202,000 21,541,000 21,619,000 27,651,000 29,480,000 21,630,000 22,099,000 22,732,000 20,393,000 20,912,000 20,882,000 18,612,000 19,980,000 16,503,000 13,896,000 17,407,000 18,548,000 24,032,000 18,627,000 19,438,000 19,202,000 
        total current assets
      		270,560,000 315,119,000 283,303,000 281,393,000 300,175,000 310,852,000 350,609,000 337,076,000 328,457,000 340,201,000 369,777,000 353,044,000 348,254,000 342,252,000 305,092,000 286,019,000 275,186,000 274,727,000 504,849,000 344,808,000 347,561,000 346,584,000 
        other assets:
      		                      
        property and equipment
      		1,768,000 1,853,000 1,846,000 1,951,000 1,914,000 2,167,000 2,554,000 2,805,000 2,846,000 2,670,000 2,126,000 2,206,000 2,317,000 2,400,000 2,609,000 2,749,000 2,927,000 2,935,000 3,005,000 3,069,000 3,505,000 3,872,000 
        operating lease right-of-use assets
      		11,305,000 11,939,000 12,371,000 12,705,000 13,205,000 13,841,000 12,070,000 14,127,000 14,292,000 9,604,000 9,727,000 12,326,000 13,405,000 14,427,000 11,481,000 12,303,000 13,631,000 12,634,000     
        goodwill
      		770,761,000 773,311,000 773,036,000 772,322,000 764,338,000 757,038,000 718,483,000 715,524,000 715,620,000 716,333,000 673,159,000 721,853,000 718,841,000 717,743,000 696,921,000 700,800,000 704,788,000 703,371,000 522,814,000 524,265,000 519,226,000 518,592,000 
        intangible assets, net of accumulated amortization of 433,365 and 415,804, respectively
      		433,255,000                      
        deferred income taxes
      		11,115,000 5,242,000 3,961,000 3,961,000 3,961,000 3,961,000 4,236,000 4,236,000 4,236,000 4,236,000 3,703,000 3,703,000 3,703,000 3,703,000 4,158,000 4,146,000 4,086,000 4,073,000 2,916,000 2,939,000 2,923,000 2,744,000 
        other long-term assets
      		1,604,000 1,642,000 1,796,000 1,834,000 2,013,000 2,031,000 2,052,000 2,690,000 3,240,000 3,053,000 5,217,000 5,283,000 3,683,000 5,615,000 6,896,000 2,681,000 2,098,000 2,167,000 1,075,000 1,145,000   
        total assets
      		1,500,368,000 1,556,582,000 1,535,856,000 1,543,446,000 1,561,011,000 1,575,104,000 1,543,229,000 1,539,613,000 1,542,378,000 1,563,140,000 1,526,821,000 1,572,220,000 1,566,757,000 1,572,922,000 1,508,693,000 1,501,749,000 1,507,026,000 1,511,730,000 1,414,789,000 1,265,335,000 1,262,624,000 1,269,400,000 
        liabilities and stockholders' equity
      		                      
        current liabilities:
      		                      
        accounts payable
      		3,691,000 3,426,000 3,457,000 5,477,000 5,068,000 3,502,000 2,494,000 4,801,000 3,733,000 5,171,000 5,256,000 3,789,000 4,326,000 7,533,000 3,002,000 5,243,000 6,255,000 7,458,000 11,260,000 5,549,000 6,593,000 6,394,000 
        accrued expenses
      		57,286,000 67,131,000 59,865,000 47,399,000 23,440,000 56,451,000 53,294,000 55,613,000 32,744,000 56,779,000 44,725,000 38,654,000 30,008,000 35,403,000 26,552,000 22,387,000 18,592,000 29,830,000 25,266,000 18,886,000 19,415,000 30,729,000 
        current portion of deferred revenue
      		76,480,000 75,412,000 65,023,000 70,238,000 72,035,000 77,829,000 59,336,000 60,989,000 56,801,000 60,678,000 47,980,000 52,788,000 51,654,000 52,209,000 40,434,000 46,122,000 48,168,000 45,496,000 27,987,000 29,120,000 29,802,000 30,662,000 
        current portion of long-term debt
      		2,963,000 2,963,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 3,020,000 4,680,000 4,680,000 
        other current liabilities
      		3,703,000 4,453,000 4,175,000 4,322,000 4,536,000 5,306,000 4,581,000 4,720,000 4,331,000 4,375,000 4,446,000 4,645,000  25,000 100,000 174,000 685,000 6,421,000     
        total current liabilities
      		144,123,000 153,385,000 135,520,000 130,436,000 108,079,000 146,088,000 122,705,000 129,123,000 100,629,000 130,023,000 105,427,000 102,896,000 93,816,000 103,158,000 76,530,000 81,545,000 81,617,000 92,225,000 69,634,000 59,249,000 63,372,000 75,345,000 
        long-term liabilities:
      		                      
        deferred revenue, net of current portion
      		3,100,000 2,350,000 857,000 977,000 1,277,000 1,049,000 1,177,000 1,190,000 1,437,000 1,070,000 1,237,000 2,056,000 2,780,000 2,815,000 1,884,000 2,282,000 1,080,000 1,531,000 1,233,000 1,157,000 853,000 545,000 
        operating lease liabilities, net of current portion
      		7,789,000 8,438,000 8,965,000 9,366,000 9,834,000 11,166,000 10,420,000 11,150,000 11,631,000 6,955,000 7,234,000 8,285,000 9,244,000 10,133,000 8,509,000 8,295,000 9,348,000 8,256,000     
        long-term debt
      		289,504,000 290,131,000 290,541,000 291,170,000 291,798,000 292,425,000 293,053,000 293,683,000 287,772,000 288,217,000 288,661,000 289,104,000 289,546,000 289,988,000 290,428,000 290,868,000 291,308,000 291,746,000 292,183,000 292,622,000 293,689,000 294,100,000 
        other long-term liabilities
      		4,062,000 5,117,000 4,318,000 4,357,000 26,602,000 25,299,000 24,915,000 23,542,000 40,244,000 39,209,000 26,111,000 18,028,000 23,396,000 22,121,000 1,422,000   25,000 686,000 690,000 682,000  
        total liabilities
      		483,324,000 493,787,000 471,049,000 472,867,000 476,732,000 516,448,000 489,824,000 496,212,000 488,020,000 516,300,000 475,070,000 475,046,000 481,702,000 493,261,000 454,295,000 453,368,000 458,621,000 469,881,000 443,469,000 430,825,000 435,357,000 447,268,000 
        commitments and contingencies
      		                      
        stockholders' equity
      		                      
        preferred shares, 0.01 par value...
      		                      
        common shares, 0.01 par value...
      		1,641,000 1,641,000 1,640,000 1,639,000 1,625,000 1,620,000 1,618,000 1,618,000 1,607,000 1,603,000 1,602,000 1,601,000 1,601,000 1,596,000 1,599,000 1,600,000 1,596,000 1,596,000 1,574,000 1,529,000 1,529,000 1,529,000 
        additional paid-in capital
      		1,262,973,000 1,255,653,000 1,247,464,000 1,237,891,000 1,229,660,000 1,216,925,000 1,209,196,000 1,201,009,000 1,191,237,000 1,178,461,000 1,170,960,000 1,162,317,000 1,158,708,000 1,150,168,000 1,143,638,000 1,136,831,000 1,127,334,000 1,119,821,000 1,038,581,000 897,209,000 889,679,000 884,528,000 
        accumulated deficit
      		-138,639,000 -129,876,000 -123,981,000 -125,506,000 -123,538,000 -128,281,000 -134,858,000 -133,487,000 -120,913,000 -116,230,000 -103,774,000 -54,809,000 -59,515,000 -60,873,000 -70,047,000 -73,983,000 -73,394,000 -75,604,000 -65,905,000 -64,143,000 -61,286,000 -62,338,000 
        accumulated other comprehensive income
      		-1,869,000 2,040,000 1,947,000 4,949,000                -85,000   
        treasury stock
      		-107,062,000 -66,663,000 -62,263,000 -48,394,000 -18,200,000 -18,184,000 -17,538,000 -17,411,000 -10,537,000 -9,401,000 -9,323,000 -8,762,000 -8,419,000 -3,000,000 -2,864,000 -2,349,000 -85,000 -38,000     
        total stockholders' equity
      		1,017,044,000 1,062,795,000 1,064,807,000 1,070,579,000 1,084,279,000 1,058,656,000 1,053,405,000 1,043,401,000 1,054,358,000 1,046,840,000             
        total liabilities and stockholders' equity
      		1,500,368,000 1,556,582,000 1,535,856,000 1,543,446,000 1,561,011,000 1,575,104,000 1,543,229,000 1,539,613,000 1,542,378,000 1,563,140,000             
        intangible assets, net of accumulated amortization of 415,804 and 338,809, respectively
      		 447,476,000                     
        intangible assets, net of accumulated amortization of 396,928 and 338,809, respectively
      		  459,543,000                    
        intangible assets, net of accumulated amortization of 380,019 and 338,809, respectively
      		   469,280,000                   
        intangible assets, net of accumulated amortization of 358,459 and 338,809, respectively
      		    475,405,000                  
        accumulated other comprehensive loss
      		    -5,268,000 -13,424,000 -5,013,000 -8,328,000 -7,036,000 -7,593,000 -7,714,000 -3,173,000 -7,320,000 -8,230,000 -17,928,000 -13,718,000 -7,046,000 -3,926,000 -2,930,000  -2,655,000 -1,587,000 
        intangible assets, net of 338,809 and 273,522, respectively
      		     485,214,000                 
        intangible assets, net of accumulated amortization of 323,609 and 273,522, respectively
      		      453,225,000                
        intangible assets, net of accumulated amortization of 305,203 and 273,522, respectively
      		       463,155,000               
        intangible assets, net of accumulated amortization of 289,090 and 273,522, respectively
      		        473,687,000              
        restricted cash
      		           3,020,000 3,103,000 3,102,000 3,274,000 3,495,000 745,000 827,000 1,108,000 1,838,000 733,000 1,909,000 
        intangible assets, net of 273,522 and 217,705, respectively
      		         487,043,000             
        intangible assets, net of accumulated amortization of 257,714 and 217,705, respectively
      		          463,112,000            
        liabilities and stockholders’ equity
      		                      
        stockholders' equity:
      		                      
        total stockholders’ equity
      		          1,051,751,000 1,097,174,000 1,085,055,000  1,054,398,000 1,048,381,000 1,048,405,000  971,320,000 834,510,000 827,267,000 822,132,000 
        total liabilities and stockholders’ equity
      		          1,526,821,000 1,572,220,000 1,566,757,000  1,508,693,000 1,501,749,000 1,507,026,000  1,414,789,000 1,265,335,000 1,262,624,000 1,269,400,000 
        intangible assets, net of accumulated amortization of 244,974 and 217,705, respectively
      		           473,805,000           
        intangible assets, net of 231,384 and 217,705, respectively
      		            476,554,000          
        current operating lease liabilities
      		            4,808,000 4,968,000 3,422,000 4,599,000 4,897,000      
        intangible assets, net of 217,705 and 169,329, respectively
      		             486,782,000         
        liabilities and stockholder’s equity
      		                      
        stockholder’s equity
      		                      
        total stockholder’s equity
      		             1,079,661,000    1,041,849,000     
        total liabilities and stockholder’s equity
      		             1,572,922,000    1,511,730,000     
        intangible assets, net of accumulated amortization of 202,901 and 169,329, respectively
      		              481,536,000        
        intangible assets, net of accumulated amortization of 191,994 and 169,329, respectively
      		               493,051,000       
        non-current finance lease liabilities
      		                      
        intangible assets, net of accumulated amortization of 181,138 and 169,329, respectively
      		                504,310,000      
        intangible assets, net of accumulated amortization of 169,329 and 127,172, respectively
      		                 511,823,000     
        long-term deposits
      		                  1,145,000 1,167,000 1,184,000 1,163,000 
        intangible assets, net of accumulated amortization of 156,870 and 127,172, respectively
      		                  378,985,000    
        current portion of interest rate swap liability
      		                  1,813,000 2,390,000 2,603,000 2,605,000 
        current portion of capital lease obligations
      		                  288,000 284,000 279,000 275,000 
        capital lease obligations, net of current portion
      		                  100,000 174,000 246,000 318,000 
        long-term portion of interest rate swap liability
      		                    430,000 1,066,000 
        intangible assets, net of accumulated amortization of 147,343 and 127,172, respectively
      		                   387,942,000   
        intangible assets, net of accumulated amortization of 137,193 and 127,172, respectively
      		                    388,225,000  
        intangible assets, net of accumulated amortization of 127,172 and 85,925, respectively
      		                     396,445,000 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2026-03-31 2025-12-31 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 
                             
          cash flows from operating activities:
        		                     
          net income
        		-8,763,000  1,525,000 -1,968,000 4,743,000   -12,574,000 -4,683,000 -12,456,000 -48,965,000 4,706,000 1,358,000 9,174,000 3,936,000 -589,000 2,210,000  -1,762,000 -2,857,000 1,052,000 
          adjustments to reconcile net income to net cash from operating activities:
        		                     
          depreciation and amortization
        		19,089,000 19,104,000 18,626,000                   
          amortization of debt issuance costs
        		135,000 136,000 143,000 145,000 144,000 144,000 142,000 369,000 380,000 381,000 381,000 382,000 383,000 384,000 385,000 385,000 386,000 387,000 397,000 369,000 378,000 
          provision for credit losses
        		277,000 456,000 287,000 79,000 322,000     632,000 224,000           
          equity-based compensation expense
        		7,320,000 8,190,000 9,574,000 8,245,000 7,070,000 7,731,000 8,187,000 9,783,000 9,073,000 7,502,000 8,645,000 3,610,000 8,543,000 6,527,000 6,804,000 9,501,000 7,513,000 8,637,000 8,165,000 7,530,000 5,151,000 
          change in contingent considerations
        		7,230,000                     
          deferred income taxes
        		-5,901,000 -866,000 -5,486,000 -12,471,000 10,502,000 -69,000 789,000 -8,586,000 -4,829,000 2,009,000 -8,295,000 -8,713,000 -1,524,000 -8,302,000 2,398,000 -4,892,000 -715,000 -2,980,000 3,767,000 -1,983,000 12,000 
          changes in assets and liabilities:
        		                     
          accounts receivable
        		6,900,000 -12,957,000 7,912,000 -3,263,000 8,736,000 -5,252,000 -4,367,000 -10,241,000 3,635,000 -6,289,000 6,713,000 -919,000 647,000 -7,114,000 -2,189,000 -2,462,000 -3,244,000 -3,918,000 -6,768,000 622,000 -2,000 
          prepaid expenses and other assets
        		-2,648,000  -4,360,000 4,301,000 1,807,000  -2,168,000 273,000 -578,000  -409,000    -377,000 3,933,000 653,000 6,089,000    
          accounts payable, accrued expenses, and other liabilities
        		-14,201,000  7,316,000 13,891,000 -27,783,000  -1,469,000 6,520,000 -14,825,000             
          deferred revenues
        		2,246,000  -5,942,000 -4,213,000 -5,448,000  -2,784,000 3,933,000 -3,271,000             
          other operating activities
        		10,000 120,000 30,000 0 -1,176,000 389,000                
          net cash from operating activities
        		11,694,000 28,817,000 32,314,000 17,842,000 17,352,000 49,369,000 16,987,000 9,814,000 4,296,000 23,326,000 31,414,000 18,058,000 9,957,000 35,485,000 23,996,000 23,259,000 9,803,000 20,831,000 20,001,000 14,622,000 4,934,000 
          cash flows from investing activities:
        		                     
          capital expenditures
        		-631,000 -1,003,000 -221,000 64,000 -600,000 -415,000 -164,000 -427,000 -619,000 -878,000 -311,000 -271,000 -317,000 -181,000 -390,000 -353,000 -506,000 -148,000 -484,000 -289,000 -222,000 
          free cash flows
        		11,063,000 27,814,000 32,093,000 17,906,000 16,752,000 48,954,000 16,823,000 9,387,000 3,677,000 22,448,000 31,103,000 17,787,000 9,640,000 35,304,000 23,606,000 22,906,000 9,297,000 20,683,000 19,517,000 14,333,000 4,712,000 
          capitalized software development costs
        		-6,150,000 -6,026,000 -6,571,000 -7,025,000 -5,174,000 -5,421,000 -5,344,000 -5,692,000 -2,959,000             
          net cash from investing activities
        		-6,781,000 -7,029,000 -6,792,000 -6,961,000 -5,774,000 -97,163,000 -5,508,000 -6,119,000 -3,578,000 -61,047,000 -4,041,000 -11,731,000 -2,731,000 -12,599,000 -3,324,000 -3,238,000 -8,676,000 -249,323,000 -2,600,000 -14,541,000 -3,458,000 
          cash flows from financing activities:
        		                     
          payments on long-term debt
        		-741,000  -750,000 -750,000 -750,000                 
          common stock repurchase program
        		-40,000,000 -3,936,000 -13,674,000                   
          payments for business acquisition related contingent consideration
        		-3,000,000 0 0 0 -13,230,000 0 -4,730,000 -1,777,000 -8,649,000             
          payment of taxes on shares withheld for employee taxes
        		  -59,000 -4,944,000 -16,000  -125,000 -7,067,000 -943,000  -170,000    -515,000 -2,264,000 -48,000     
          net cash from financing activities
        		-43,741,000 -4,813,000 -14,483,000 -30,694,000 -13,996,000 -1,303,000 -5,605,000 -3,755,000 -10,347,000 -1,252,000      -3,531,000 -1,520,000 -3,644,000 132,200,000 -4,310,000 -855,000 
          effect of foreign exchange rate on cash and cash equivalents
        		-1,080,000  -594,000 2,993,000 2,321,000                 
          net decrease in cash and cash equivalents
        		-39,908,000  10,445,000                   
          cash and cash equivalents, and restricted cash, at beginning of period
        		189,392,000  0    0 0 234,951,000  0 0 239,688,000  0 0 186,624,000  0   
          cash and cash equivalents, and restricted cash, at end of period
        		149,484,000  10,445,000    8,424,000 -177,000 224,776,000  24,102,000 972,000 247,238,000  15,533,000 13,190,000 185,060,000  148,363,000   
          supplemental disclosures of cash flow information
        		                     
          cash paid for interest
        		4,872,000 8,677,000 1,156,000 4,652,000 4,648,000 11,566,000 -1,515,000 7,291,000 5,395,000 5,421,000 5,413,000 3,059,000 5,196,000 4,958,000 4,842,000 3,921,000 3,547,000 3,498,000 3,557,000 3,562,000 3,552,000 
          cash paid for taxes
        		2,292,000 3,450,000 2,730,000 5,351,000 688,000 3,028,000 3,131,000 4,859,000 3,640,000 6,955,000 3,331,000 8,517,000 517,000 2,357,000 2,226,000 2,789,000 2,769,000 1,851,000 2,324,000 2,776,000 1,644,000 
          supplemental schedule of noncash investing and financing activities
        		                     
          stock issuance or establish liabilities related to business acquisition contingent consideration
        		 0 0 0 5,670,000  0               
          net loss
        		                     
          adjustments to reconcile net loss to net cash from operating activities:
        		                     
          change in fair value of contingent considerations
        		 -385,000 2,689,000 -5,722,000 -179,000 -3,000 2,431,000 2,783,000 2,878,000 12,802,000 8,757,000           
          goodwill impairment
        		         0            
          changes in assets and liabilities
        		                     
          prepaid and other assets
        		            559,000         
          accounts payable and accrued expenses, and other liabilities
        		                     
          deferred revenue
        		         7,006,000 -4,895,000 -1,049,000 -1,034,000 11,257,000 -4,913,000 630,000 2,556,000   -550,000 -507,000 
          investment in intangible assets
        		         0 0 0 -54,000         
          business acquisitions, net of cash acquired
        		         -56,678,000 0   -9,425,000 0 100,000 -5,983,000 -246,906,000 0 -12,070,000 -2,044,000 
          proceeds from borrowings on term loan debt
        		     0 0               
          payment of debt issuance costs
        		     0 0           0 -11,000   
          payments on long-term debt obligations
        		                     
          payment of taxes on shares and units withheld for employee taxes
        		            -70,000         
          effect of foreign exchange rate changes on cash and cash equivalents
        		                     
          net increase in cash, cash equivalents
        		                     
          cash and cash equivalents at beginning of year
        		                     
          cash and cash equivalents at end of year
        		                     
          contingent liabilities established in connection with business acquisition
        		         10,518,000 0           
          adjustments to reconcile net income (loss ) to net cash from operating activities:
        		                     
          depreciation and amortization of property and equipment
        		    873,000 672,000 439,000 451,000 432,000 413,000 367,000 361,000 411,000 410,000 417,000 422,000 482,000 448,000 533,000 552,000 602,000 
          amortization of intangible assets
        		    17,741,000 17,544,000 16,353,000 16,146,000 15,996,000 14,420,000 13,813,000 13,173,000 13,113,000 12,732,000 12,846,000 12,711,000 12,450,000 12,545,000 10,208,000 10,125,000 10,102,000 
          net decrease in cash and cash equivalents, and restricted cash
        		    -97,000                 
          cash and cash equivalents at beginning of period
        		    179,183,000                 
          cash and cash equivalents at end of period
        		    179,086,000                 
          payments on long-term debt and finance lease obligations
        		     -750,000 -750,000 0 -755,000 -755,000 -755,000 -755,000 -780,000 -830,000 -829,000 -828,000 -826,000     
          payments on financing component of interest rate swap
        		             -3,000 0 -439,000 -646,000 -879,000    
          effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash
        		                    -191,000 
          net increase in cash, cash equivalents, and restricted cash
        		                    430,000 
          cash, cash equivalents, and restricted cash, at beginning of year
        		                     
          cash, cash equivalents, and restricted cash, at end of year
        		                     
          stock issuance related to business acquisition contingent consideration
        		                     
          (recovery of) provision for credit losses
        		      -414,000 748,000 59,000    -168,000   183,000 34,000     
          effect of foreign exchange rate on cash and cash equivalents, and restricted cash
        		      2,550,000               
          net increase in cash and cash equivalents, and restricted cash
        		      8,424,000    24,102,000 972,000 7,550,000  15,533,000 13,190,000 -1,564,000  148,363,000   
          loss on extinguishing debt
        		                     
          loss on retirement of assets
        		         36,000 0 25,000 4,000 113,000 49,000 2,000 5,000 47,000 22,000   
          lease abandonment expense
        		       0 29,000 0            
          effect of foreign exchange rate changes on cash and cash equivalents, and restricted cash
        		        -546,000  -2,346,000 1,065,000 1,174,000  -3,795,000 -3,300,000 -1,171,000  -1,238,000   
          net (decrease) increase in cash and cash equivalents, and restricted cash
        		        -10,175,000             
          issuance of common stock for business acquisition related contingent consideration
        		        3,707,000             
          unrealized loss on derivative
        		                     
          proceeds from issuance of common stock, net of underwriters' discounts and commissions
        		                     
          proceeds from borrowings on long-term debt
        		                 0 0   
          payment of deferred offering costs
        		                     
          operating right-of-use assets recognized upon adoption of asc 842
        		                     
          operating lease liability recognized upon adoption of asc 842
        		                     
          common shares issued in connections with the pinnacle acquisition
        		                     
          accounts payable and accrued expenses
        		          6,785,000 5,853,000 -14,196,000       -2,668,000 -11,180,000 
          other liabilities
        		                     
          capitalized development costs
        		          -3,730,000 -3,910,000 -2,360,000  -2,934,000 -2,985,000 -2,187,000 -2,269,000 -2,116,000 -2,182,000 -1,192,000 
          supplemental schedule of non-cash investing and financing activities
        		                     
          change in other liabilities
        		            600,000         
          net cash used by financing activities
        		           -6,420,000 -850,000         
          change in fair value of contingent consideration
        		            1,261,000         
          capital contributions
        		                     
          unit repurchase
        		                     
          proceeds from line of credit
        		                     
          payments on line of credit
        		                     
          property and equipment controlled through capital lease obligations
        		                     
          deferred offering costs, accrued but not paid
        		                     
          unrealized loss on interest rate swap
        		                  -640,000   
          accounts payable and other liabilities
        		              4,530,000 3,896,000 -11,830,000     
          other current liabilities
        		              441,000 -737,000 -792,000     
          changes in operating lease assets and liabilities
        		              -582,000 276,000 95,000     
          net proceeds from public offering of common stock
        		                     
          net cash (used) provided by financing activities
        		                     
          liabilities assumed in connection with business acquisition
        		                  0 991,000 921,000 
          changes in assets and liabilities, net of acquisitions:
        		                     
          cash, cash equivalents, and restricted cash, at beginning of period
        		                    273,291,000 
          cash, cash equivalents, and restricted cash, at end of period
        		                    273,721,000 
          provision for doubtful accounts
        		                     
          payments on long-term debt and capital lease obligations
        		                  -824,000 -1,468,000 -855,000 
          proceeds from borrowings from affiliate
        		                     
          capital lease
        		                     
          recovery of doubtful accounts
        		                   -60,000 -1,000 
          prepaid expenses and other current assets
        		                   870,000 -673,000 
          property and equipment controlled through new capital leases
        		                     
          (recovery of) provision for doubtful accounts
        		                     
          equity compensation expense
        		                     
          proceeds from issuance of common stock upon initial public offering, net of underwriters’ discounts and commissions
        		                     
          payments of deferred offering costs
        		                     
          payment of contingent consideration obligations