APP — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-05

• Loss (income) from discontinued operations, net of income taxes—(47,675)—99,444

• We define Free Cash Flow as net cash provided by operating activities less purchases of property and equipment and principal payment of finance leases. We use Free Cash Flow to help manage the health of our business, prepare budgets and for capital allocation purposes. We believe Free Cash Flow prov…

• The following table provides our Free Cash Flow for the six months ended June 30, 2026 and 2025, and a reconciliation of net cash provided by operating activities to Free Cash Flow:

• Net cash provided by (used in) investing activities$(7,688)$378,884

• Income (loss) from discontinued operations, net of income taxes— 47,675 — (99,444)

Text removed vs the prior filing · source: 10-Q · 2026-05-06

• 2 Negative amount reflects a reversal of amounts expensed in prior periods.

• We define Free Cash Flow as net cash provided by operating activities less purchases of property and equipment and principal payment of finance leases. We use Free Cash Flow to help manage the health of our business, prepare budgets and for capital allocation purposes. We believe Free Cash Flow prov…

• may not publish Free Cash Flow or similar metrics. Thus, our Free Cash Flow should be considered in addition to, not as a substitute for, or in isolation from, measures prepared in accordance with GAAP.

• The following table provides our Free Cash Flow for the three months ended March 31, 2026 and 2025, and a reconciliation of net cash provided by operating activities to Free Cash Flow:

• Net cash provided by operating activities$1,291,393 $831,712

Text added vs the prior filing · source: 10-Q · 2026-08-05

• business, including our reputation, financial condition, or results of operations.

• We believe strongly in operating a lean organizational structure, leveraging technology wherever possible, as it allows us to adapt our business as needed and affords increased opportunity to our employees. While this approach enhances efficiency and cost control, it may also expose us to certain ri…

• Governments and regulatory authorities have proposed and enacted laws and regulations relating to the collection and processing of information concerning consumer behavior, including by restricting certain targeted advertising practices. For example, the GDPR, which became effective in May 2018, cre…

• Further, children’s privacy continues to be a focus of enforcement activities and subjects our business to potential liability that could adversely affect our business, financial condition, or operating results. For example, enforcement of COPPA, which requires companies to obtain parental consent b…

• Any allegations or violations of the FCPA or other applicable anti-corruption laws could result in whistleblower complaints, adverse media coverage, investigations, loss of export privileges, suspension or disbarment from U.S. government contracts, substantial diversion of management’s attention, si…

Text removed vs the prior filing · source: 10-Q · 2026-05-06

• We believe strongly in operating a lean organizational structure, leveraging technology wherever possible, as

• it allows us to adapt our business as needed and affords increased opportunity to our employees. While this approach enhances efficiency and cost control, it may also expose us to certain risks, such as limiting our ability to scale operations quickly in response to increased demand, develop new pro…

• Governments and regulatory authorities have proposed and enacted laws and regulations relating to the

• Further, children’s privacy continues to be a focus of enforcement activities and subjects our business to potential liability that could adversely affect our business, financial condition, or operating results. For example,

• increases as our international presence expands and as we increase sales and operations in foreign jurisdictions.

Text added vs the prior filing · source: 10-Q · 2026-08-05

• On May 15, 2026, Victoria Valenzuela, who served as our Chief Administrative & Legal Officer at the time, terminated a Rule 10b5-1 trading plan, which was previously adopted on December 12, 2025 and intended to satisfy the affirmative defense in Rule 10b5-1(c). The terminated trading plan provided f…

Text removed vs the prior filing · source: 10-Q · 2026-05-06

• On March 3, 2026, Maynard Webb, a member of our board of directors, adopted a Rule 10b5-1 trading plan intended to satisfy the affirmative defense in Rule 10b5-1(c). The trading plan provides for the potential sale of up to 40,000 shares of our Class A common stock held by Webb Investment Network LL…

• On April 30, 2026, Dmitriy Dorosh, the Company's principal accounting officer, tendered his resignation from his position with the Company effective May 31, 2026. Mr. Dorosh’s resignation was not a result of any disagreement on any matter relating to the Company’s operations, policies or procedures.…