ZIP — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• In the quarter ended March 31, 2026, Quarterly Paid Employers increased 7% when compared to the quarter ended December 31, 2025. Despite the continued uncertainty in the labor market, our marketing and advertising investments and our continued product improvements drove more new and returning paid e…

• In the quarter ended March 31, 2026, Revenue per Paid Employer decreased when compared to the quarter ended December 31, 2025. While we believe our products and services continued to improve and offered more value for employers of all sizes, we saw a sequential decline in Revenue per Paid Employer c…

• The labor market remains subdued, with employers reducing their demand for hiring, at least in part due to effects of a variety of global business and macroeconomic factors, including inflationary pressures, elevated borrowing costs, cybersecurity incidents, changes in laws, regulations and administ…

• Revenue decreased by $2.5 million, or 2%, for the three months ended March 31, 2026 compared to the three months ended March 31, 2025. With those currently employed continuing to leave their jobs at a low rate during the three months ended March 31, 2026, hiring levels remained lower compared to the…

• There were immaterial fluctuations in cost of revenue for the three months ended March 31, 2026 compared to the three months ended March 31, 2025.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• In the quarter ended September 30, 2025, Quarterly Paid Employers increased 1% when compared to the quarter ended June 30, 2025 versus a sequential decrease of 7% in the quarter ended September 30, 2024 when compared to the quarter ended June 30, 2024.

• In the quarter ended September 30, 2025, Revenue per Paid Employer increased when compared to the quarter ended June 30, 2025. We believe our products and services continued to improve and offered more value for employers of all sizes, especially for our performance-based customers, during the quart…

• The labor market remains subdued, with employers reducing their demand for hiring. Further, with those currently employed continuing to leave their jobs at a low rate during the quarter ended September 30, 2025, hiring levels remained lower compared to the quarter ended September 30, 2024. Despite t…

• We expect to continue to invest in corporate infrastructure and incur additional expenses associated with operating as a public company, including expenses related to compliance and reporting obligations pursuant to the rules and regulations of the Securities and Exchange Commission, or SEC, and hig…

• Revenue decreased by $2.1 million, or 2%, for the three months ended September 30, 2025 compared to the three months ended September 30, 2024. Despite the continued uncertainty in the labor market, we had a higher number of Quarterly Paid Employers in our marketplace compared to the three months end…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Substantially all of our revenue is generated by our business operations in the United States. Any significant economic downturn in the United States or other countries in which we operate could have a material adverse effect on our business, financial condition and results of operations.

• Many of our larger competitors have long-standing relationships or access to employers, including our Paid Employers1, as well as those whom we may wish to pursue. Some employers may be hesitant to

• 1 “Paid Employer(s)” means any actively recruiting employer(s) (or entities acting on behalf of employers) on a paying subscription plan or performance marketing campaign for at least one day. Paid Employer(s) excludes employers from our third-party sites or other indirect channels, employers who ar…

• use a new platform and prefer to upgrade products offered by these incumbent platforms for reasons that include price, quality, sophistication, familiarity, and global presence. These platforms could offer competing products on a standalone basis at a low price or bundled as part of a larger product…

• Our marketplace technology is constantly changing with new updates, which may contain undetected errors when first introduced or released. Any errors, defects, disruptions in service, or other performance or stability problems with our marketplace, or the insufficiency of our efforts to adequately p…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• Substantially all of our revenue is generated by our business operations in the United States. Prior to 2020, the United States had largely experienced positive economic and employment trends since our founding in 2010 and therefore we do not have a significant operating history in periods of weak e…

• Many of our larger competitors have long-standing relationships or access to employers, including our Paid Employers1, as well as those whom we may wish to pursue. Some employers may be hesitant to use a new platform and prefer to upgrade products offered by these incumbent platforms for reasons tha…

• Our marketplace technology is constantly changing with new updates, which may contain undetected errors when first introduced or released. Any errors, defects, disruptions in service, or other performance or stability problems with our marketplace, or the insufficiency of our efforts to adequately p…

• 1 “Paid Employer(s)” means any actively recruiting employer(s) (or entities acting on behalf of employers) on a paying subscription plan or performance marketing campaign for at least one day. Paid Employer(s) excludes employers from our third-party sites or other indirect channels, employers who ar…

• timely remedy errors or defects, could result in negative publicity, loss of or delay in market acceptance of our marketplace, loss of competitive position, our inability to timely and accurately maintain our financial records, inaccurate or delayed invoicing of Paid Employers, delay of payment to u…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• •On March 13, 2026, Boris Shimanovsky, our Executive Vice President, Chief Technology Officer, adopted a Rule 10b5-1 Plan for the potential sale of up to 283,982 shares of common stock. The plan’s expiration date is June 30, 2027.

• •On March 14, 2026, Amy Garefis, our Chief People Officer, adopted a Rule 10b5-1 Plan for the potential sale of up to 191,038 shares of common stock. The plan’s expiration date is August 20, 2027.