| Three months ended | Six months ended | ||
| June 30, | June 30, | ||
| 2024 | 2023 | 2024 | 2023 |
| Unaudited | Unaudited | Unaudited | Unaudited |
GAAP Operating loss | $ (35) | $ (5,343) | $ (4,995) | $ (7,963) |
Equity-based compensation expense included in cost of revenues | 191 | 214 | 394 | 420 |
Equity-based compensation expense included in research and development expenses | 2,438 | 2,344 | 4,445 | 4,446 |
Equity-based compensation expense included in sales and marketing expenses | 451 | 449 | 816 | 827 |
Equity-based compensation expense included in general and administrative expenses | 820 | 903 | 1,816 | 1,769 |
Amortization of intangible assets related to acquisition of businesses | 278 | 251 | 556 | 475 |
Costs associated with business and asset acquisitions | 252 | 95 | 532 | 95 |
Total non-GAAP Operating Income (Loss) | $ 4,395 | $ (1,087) | $ 3,564 | $ 69 |
| Three months ended | Six months ended | ||
| June 30, | June 30, | ||
| 2024 | 2023 | 2024 | 2023 |
| Unaudited | Unaudited | Unaudited | Unaudited |
|
|
|
|
|
GAAP Gross Profit | $ 25,504 | $ 19,398 | $ 45,073 | $ 42,152 |
GAAP Gross Margin | 90 % | 85 % | 89 % | 86 % |
|
|
|
|
|
Equity-based compensation expense included in cost of revenues | 191 | 214 | 394 | 420 |
Amortization of intangible assets related to acquisition of businesses | 129 | 109 | 257 | 179 |
Total Non-GAAP Gross profit | 25,824 | 19,721 | 45,724 | 42,751 |
Non-GAAP Gross Margin | 91 % | 86 % | 91 % | 87 % |
|
|
|
|
|