Zeta Global (ZETA) 10-Q 2 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 27, 2023
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Document Quarterly Report	true
Document Transition Report	false
Entity Registrant Name	ZETA GLOBAL HOLDINGS CORP.
Entity Central Index Key	0001851003
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	ZETA
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Small Business	false
Entity Interactive Data Current	Yes
Title of 12(b) Security	Class A common stock
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Shell Company	false
Securities Act File Number	001-40464
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	80-0814458
Entity Address, Address Line One	3 Park Ave, 33rd Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10016
City Area Code	212
Local Phone Number	967-5055
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		184,418,210
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		29,859,321

Condensed Unaudited Consolidate

Condensed Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023		Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 120,796		$ 121,110
Accounts receivable, net of allowance of $3,271 and $1,882 as of September 30, 2023 and December 31, 2022, respectively	140,408		106,322
Prepaid expenses	6,493		7,150
Other current assets	1,835		1,866
Total current assets	269,532		236,448
Non-current assets:
Property and equipment, net	7,456		5,981
Website and software development costs, net	33,183		36,713
Right-to-use assets - operating leases, net	5,943		7,388
Intangible assets, net	50,099		44,358
Goodwill	140,894		133,069
Deferred tax assets, net	835		745
Other non-current assets	3,403		1,800
Total non-current assets	241,813		230,054
Total assets	511,345		466,502
Current liabilities:
Accounts payable	59,173		33,668
Accrued expenses	73,135		72,364
Acquisition-related liabilities	21,812		14,743
Deferred revenue	2,332		2,228
Other current liabilities	6,086		5,707
Total current liabilities	162,538		128,710
Non-current liabilities:
Long term borrowings	184,044		183,953
Acquisition-related liabilities	8,481		17,932
Other non-current liabilities	6,504		7,877
Total non-current liabilities	199,029		209,762
Total liabilities	361,567		338,472
Commitments and contingencies (Note 8)
Stockholders' equity:
Additional paid-in capital	1,074,943		900,924
Accumulated deficit	(923,256)		(771,056)
Accumulated other comprehensive loss	(2,123)		(2,045)
Total stockholders' equity	149,778	[1]	128,030	[2]
Total liabilities and stockholders' equity	511,345		466,502
Common Class A [Member]
Stockholders' equity:
Common stock value	184		175
Common Class B [Member]
Stockholders' equity:
Common stock value	$ 30		$ 32
[1] Includes 143,905,554 outstanding Class A common stock, 15,958,447 outstanding Class B common stock, 40,284,059 unvested Class A restricted stock and 13,900,874 unvested Class B restricted stock Includes 132,909,894 outstanding Class A common stock, 15,512,217 outstanding Class B common stock, 42,357,023 unvested Class A restricted stock and 16,587,085 unvested Class B restricted stock.

Condensed Unaudited Consolida_2

Condensed Unaudited Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Accounts receivable, net of allowance	$ 3,271	$ 1,882
Common Class A [Member]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	3,750,000,000	3,750,000,000
Common Stock, Shares, Issued	184,189,613	175,266,917
Common stock, shares, Outstanding	184,189,613	175,266,917
Common Class B [Member]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	50,000,000	50,000,000
Common Stock, Shares, Issued	29,859,321	32,099,302
Common stock, shares, Outstanding	29,859,321	32,099,302

Condensed Unaudited Consolida_3

Condensed Unaudited Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenues	$ 188,984	$ 152,252	$ 518,403	$ 415,821
Operating expenses:
Cost of revenues (excluding depreciation and amortization)	73,480	57,529	189,867	149,487
General and administrative expenses	50,706	53,584	154,022	162,598
Selling and marketing expenses	70,669	76,987	215,714	223,044
Research and development expenses	18,062	16,954	53,924	52,223
Depreciation and amortization	13,233	13,367	37,654	39,448
Acquisition related expenses			203	344
Restructuring expenses			2,845
Total operating expenses	226,150	218,421	654,229	627,144
Loss from operations	(37,166)	(66,169)	(135,826)	(211,323)
Interest expense	2,894	2,038	8,139	5,002
Other expenses	2,436	1,142	7,138	12,111
Change in fair value of warrants and derivative liabilities		(805)		410
Total other expenses	5,330	2,375	15,277	17,523
Loss before income taxes	(42,496)	(68,544)	(151,103)	(228,846)
Income tax provision/(benefit)	590	896	1,097	(1,360)
Net loss	(43,086)	(69,440)	(152,200)	(227,486)
Other comprehensive loss:
Foreign currency translation adjustment	283	774	78	1,421
Total comprehensive loss	(43,369)	(70,214)	(152,278)	(228,907)
Net loss per share
Net loss	(43,086)	(69,440)	(152,200)	(227,486)
Net loss available to common stockholders	$ (43,086)	$ (69,440)	$ (152,200)	$ (227,486)
Basic loss per share	$ (0.27)	$ (0.49)	$ (0.99)	$ (1.66)
Diluted loss per share	$ (0.27)	$ (0.49)	$ (0.99)	$ (1.66)
Weighted average number of shares used to compute net loss per share
Basic	158,055,789	140,594,128	154,262,386	136,793,272
Diluted	158,055,789	140,594,128	154,262,386	136,793,272

Condensed Unaudited Consolida_4

Condensed Unaudited Consolidated Statements of Operations and Comprehensive Loss (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share-based Payment Arrangement, Expense	$ 57,672	$ 75,218	$ 179,746	$ 231,289
Cost of revenues (excluding depreciation and amortization) [Member]
Share-based Payment Arrangement, Expense	546	1,536	2,098	4,436
General and administrative expenses [Member]
Share-based Payment Arrangement, Expense	21,223	28,193	66,221	88,873
Selling and marketing expenses [Member]
Share-based Payment Arrangement, Expense	29,266	38,868	92,933	117,765
Research and development expenses [Member]
Share-based Payment Arrangement, Expense	$ 6,637	$ 6,621	$ 18,494	$ 20,215

Condensed Unaudited Consolida_5

Condensed Unaudited Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands		Total	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Class A Common Stock [Member]	Class A Common Stock [Member] Common Stock [Member]		Class B Common Stock [Member]	Class B Common Stock [Member] Common Stock [Member]
Balance at Dec. 31, 2021	[1]	$ 90,488	$ 584,208	$ (491,817)	$ (2,101)		$ 160			$ 38
Balance (in shares) at Dec. 31, 2021						115,456,543	159,974,847	[1]	18,419,260	37,856,095	[1]
Shares issued in connection with certain agreements		11,083	11,082				$ 1
Shares issued in connection with certain agreements (in shares)							1,026,785
Restricted stock grants			(4)				$ 4
Restricted stock grants (in shares)							4,162,159
Restricted stock forfeitures			1				$ (1)
Restricted stock forfeitures (in shares)							(717,505)
Class B common stock transferred to Class A common stock							$ 1			$ (1)
Class B common stock transferred to Class A common stock (in shares)							1,000,000			(1,000,000)
Stock-based compensation		74,990	74,990
Options exercised		65	65
Options exercised (in shares)							15,500
Foreign currency translation adjustment		(244)			(244)
Net loss		(72,037)		(72,037)
Balance at Mar. 31, 2022	[2]	104,345	670,342	(563,854)	(2,345)		$ 165			$ 37
Balance (in shares) at Mar. 31, 2022						117,498,828	165,461,786	[2]	17,419,260	36,856,095	[2]
Balance at Dec. 31, 2021	[1]	90,488	584,208	(491,817)	(2,101)		$ 160			$ 38
Balance (in shares) at Dec. 31, 2021						115,456,543	159,974,847	[1]	18,419,260	37,856,095	[1]
Foreign currency translation adjustment		(1,421)
Net loss		(227,486)
Balance at Sep. 30, 2022	[3]	109,112	831,731	(719,303)	(3,522)		$ 174			$ 32
Balance (in shares) at Sep. 30, 2022						127,679,117	173,957,931	[3]	15,632,217	32,464,430	[3]
Balance at Mar. 31, 2022	[2]	104,345	670,342	(563,854)	(2,345)		$ 165			$ 37
Balance (in shares) at Mar. 31, 2022						117,498,828	165,461,786	[2]	17,419,260	36,856,095	[2]
Shares issued in connection with certain agreements		3,853	3,853
Shares issued in connection with certain agreements (in shares)							434,237
Restricted stock grants			(3)				$ 3
Restricted stock grants (in shares)							2,568,346
Shares issued with connection with employee stock purchase plan		1,320	1,320
Shares issued with connection with employee stock purchase plan (in shares)							196,385
Restricted stock forfeitures (in shares)							(184,342)
Class B common stock transferred to Class A common stock							$ 2			$ (2)
Class B common stock transferred to Class A common stock (in shares)							1,787,043			(1,787,043)
Restricted stock units vesting (in shares)							26,932
Stock-based compensation		83,734	83,734
Options exercised		65	65
Options exercised (in shares)							221,530
Foreign currency translation adjustment		(403)			(403)
Net loss		(86,009)		(86,009)
Balance at Jun. 30, 2022	[4]	106,905	759,311	(649,863)	(2,748)		$ 170			$ 35
Balance (in shares) at Jun. 30, 2022						122,895,336	170,511,917	[4]	15,807,217	35,069,052	[4]
Restricted stock grants			(2)				$ 2
Restricted stock grants (in shares)							1,481,585
Restricted stock forfeitures (in shares)							(208,367)
Class B common stock transferred to Class A common stock							$ 3			$ (3)
Class B common stock transferred to Class A common stock (in shares)							2,604,622			(2,604,622)
Shares repurchased		(4,310)	(4,309)				$ (1)
Shares repurchased (in shares)							(569,953)
Restricted stock units vesting (in shares)							96,627
Stock-based compensation		76,696	76,696
Options exercised		35	35
Options exercised (in shares)							41,500
Foreign currency translation adjustment		(774)			(774)
Net loss		(69,440)		(69,440)
Balance at Sep. 30, 2022	[3]	109,112	831,731	(719,303)	(3,522)		$ 174			$ 32
Balance (in shares) at Sep. 30, 2022						127,679,117	173,957,931	[3]	15,632,217	32,464,430	[3]
Balance at Dec. 31, 2022	[5]	128,030	900,924	(771,056)	(2,045)		$ 175			$ 32
Balance (in shares) at Dec. 31, 2022						132,909,894	175,266,917	[5]	15,512,217	32,099,302	[5]
Restricted stock grants			(1)				$ 1
Restricted stock grants (in shares)							814,177
Restricted stock forfeitures (in shares)							(208,969)
Class B common stock transferred to Class A common stock (in shares)							50,000			(50,000)
Shares repurchased		(6,551)	(6,551)
Shares repurchased (in shares)							(329,474)			(325,923)
Restricted stock units vesting (in shares)							123,241
Stock-based compensation		65,214	65,214
Options exercised		41	41
Options exercised (in shares)							8,500
Foreign currency translation adjustment		147			147
Net loss		(56,955)		(56,955)
Balance at Mar. 31, 2023	[6]	129,926	959,627	(828,011)	(1,898)		$ 176			$ 32
Balance (in shares) at Mar. 31, 2023						137,203,338	175,724,392	[6]	16,105,977	31,723,379	[6]
Balance at Dec. 31, 2022	[5]	128,030	900,924	(771,056)	(2,045)		$ 175			$ 32
Balance (in shares) at Dec. 31, 2022						132,909,894	175,266,917	[5]	15,512,217	32,099,302	[5]
Class B common stock transferred to Class A common stock (in shares)							1,914,058
Shares repurchased		(11,487)
Foreign currency translation adjustment		(78)
Net loss		(152,200)
Balance at Sep. 30, 2023	[7]	149,778	1,074,943	(923,256)	(2,123)		$ 184			$ 30
Balance (in shares) at Sep. 30, 2023						143,905,554	184,189,613	[7]	15,958,447	29,859,321	[7]
Balance at Mar. 31, 2023	[6]	129,926	959,627	(828,011)	(1,898)		$ 176			$ 32
Balance (in shares) at Mar. 31, 2023						137,203,338	175,724,392	[6]	16,105,977	31,723,379	[6]
Shares issued in connection with certain agreements		843	843
Shares issued in connection with certain agreements (in shares)							96,610
Restricted stock grants			(6)				$ 6
Restricted stock grants (in shares)							6,306,051
Shares issued with connection with employee stock purchase plan		1,567	1,567
Shares issued with connection with employee stock purchase plan (in shares)							210,096
Restricted stock forfeitures (in shares)							(461,101)
Performance stock units vested (in shares)							142,500
Shares repurchased		(1,419)	(1,419)
Shares repurchased (in shares)							(135,461)
Restricted stock units vesting (in shares)							130,990
Stock-based compensation		58,491	58,491
Options exercised		41	41
Options exercised (in shares)							16,500
Foreign currency translation adjustment		58			58
Net loss		(52,159)		(52,159)
Balance at Jun. 30, 2023	[8]	137,348	1,019,144	(880,170)	(1,840)		$ 182			$ 32
Balance (in shares) at Jun. 30, 2023						141,053,113	182,030,577	[8]	16,105,977	31,723,379	[8]
Shares issued in connection with certain agreements		500	500
Shares issued in connection with certain agreements (in shares)							57,515
Restricted stock grants			(1)				$ 1
Restricted stock grants (in shares)							984,158
Restricted stock forfeitures		1	1
Restricted stock forfeitures (in shares)							(456,405)
Class B common stock transferred to Class A common stock							$ 2			$ (2)
Class B common stock transferred to Class A common stock (in shares)							1,864,058			(1,864,058)
Shares repurchased		(3,517)	(3,517)
Shares repurchased (in shares)							(446,185)
Restricted stock units vested		(1)					$ (1)
Restricted stock units vesting (in shares)							123,895
Stock-based compensation		58,675	58,675
Options exercised		141	141
Options exercised (in shares)							32,000
Foreign currency translation adjustment		(283)			(283)
Net loss		(43,086)		(43,086)
Balance at Sep. 30, 2023	[7]	$ 149,778	$ 1,074,943	$ (923,256)	$ (2,123)		$ 184			$ 30
Balance (in shares) at Sep. 30, 2023						143,905,554	184,189,613	[7]	15,958,447	29,859,321	[7]
[1] Includes 115,456,543 outstanding Class A common stock, 18,419,260 outstanding Class B common stock, 44,518,304 unvested Class A restricted stock and 19,436,835 unvested Class B restricted stock. Includes 117,498,828 outstanding Class A common stock, 17,419,260 outstanding Class B common stock, 47,962,958 unvested Class A restricted stock and 19,436,835 unvested Class B restricted stock. Includes 127,679,117 outstanding Class A common stock, 15,632,217 outstanding Class B common stock, 46,278,814 unvested Class A restricted stock and 16,832,213 unvested Class B restricted stock. Includes 122,895,336 outstanding Class A common stock, 15,807,217 outstanding Class B common stock, 47,616,581 unvested Class A restricted stock and 19,261,835 unvested Class B restricted stock. Includes 132,909,894 outstanding Class A common stock, 15,512,217 outstanding Class B common stock, 42,357,023 unvested Class A restricted stock and 16,587,085 unvested Class B restricted stock. Includes 137,203,338 outstanding Class A common stock, 16,105,977 outstanding Class B common stock, 38,521,054 unvested Class A restricted stock and 15,617,402 unvested Class B restricted stock. Includes 143,905,554 outstanding Class A common stock, 15,958,447 outstanding Class B common stock, 40,284,059 unvested Class A restricted stock and 13,900,874 unvested Class B restricted stock Includes 141,053,113 outstanding Class A common stock, 16,105,977 outstanding Class B common stock, 40,977,464 unvested Class A restricted stock and 15,617,402 unvested Class B restricted stock.

Condensed Unaudited Consolida_6

Condensed Unaudited Consolidated Statements of Stockholders' Equity (Parenthetical) - shares	Sep. 30, 2023		Jun. 30, 2023		Mar. 31, 2023		Dec. 31, 2022		Sep. 30, 2022		Jun. 30, 2022		Mar. 31, 2022		Dec. 31, 2021
Unvested stock	55,151,338	[1]					60,107,275
Class A Common Stock [Member]
Shares outstanding	143,905,554		141,053,113		137,203,338		132,909,894		127,679,117		122,895,336		117,498,828		115,456,543
Class A Common Stock [Member] | Common Stock [Member]
Shares outstanding	184,189,613	[2]	182,030,577	[3]	175,724,392	[4]	175,266,917	[5]	173,957,931	[6]	170,511,917	[7]	165,461,786	[8]	159,974,847	[9]
Class B Common Stock [Member]
Shares outstanding	15,958,447		16,105,977		16,105,977		15,512,217		15,632,217		15,807,217		17,419,260		18,419,260
Class B Common Stock [Member] | Common Stock [Member]
Shares outstanding	29,859,321	[2]	31,723,379	[3]	31,723,379	[4]	32,099,302	[5]	32,464,430	[6]	35,069,052	[7]	36,856,095	[8]	37,856,095	[9]
Unvested Class A Restricted Stock [Member]
Unvested stock	40,284,059		40,977,464		38,521,054		42,357,023		46,278,814		47,616,581		47,962,958		44,518,304
Unvested Class B Restricted Stock [Member]
Unvested stock	13,900,874		15,617,402		15,617,402		16,587,085		16,832,213		19,261,835		19,436,835		19,436,835
[1] Includes 40,284,059 unvested Class A restricted stock, 13,900,874 unvested Class B restricted stock and 966,405 unvested restricted stock units as of September 30, 2023 . Includes 143,905,554 outstanding Class A common stock, 15,958,447 outstanding Class B common stock, 40,284,059 unvested Class A restricted stock and 13,900,874 unvested Class B restricted stock Includes 141,053,113 outstanding Class A common stock, 16,105,977 outstanding Class B common stock, 40,977,464 unvested Class A restricted stock and 15,617,402 unvested Class B restricted stock. Includes 137,203,338 outstanding Class A common stock, 16,105,977 outstanding Class B common stock, 38,521,054 unvested Class A restricted stock and 15,617,402 unvested Class B restricted stock. Includes 132,909,894 outstanding Class A common stock, 15,512,217 outstanding Class B common stock, 42,357,023 unvested Class A restricted stock and 16,587,085 unvested Class B restricted stock. Includes 127,679,117 outstanding Class A common stock, 15,632,217 outstanding Class B common stock, 46,278,814 unvested Class A restricted stock and 16,832,213 unvested Class B restricted stock. Includes 122,895,336 outstanding Class A common stock, 15,807,217 outstanding Class B common stock, 47,616,581 unvested Class A restricted stock and 19,261,835 unvested Class B restricted stock. Includes 117,498,828 outstanding Class A common stock, 17,419,260 outstanding Class B common stock, 47,962,958 unvested Class A restricted stock and 19,436,835 unvested Class B restricted stock. Includes 115,456,543 outstanding Class A common stock, 18,419,260 outstanding Class B common stock, 44,518,304 unvested Class A restricted stock and 19,436,835 unvested Class B restricted stock.

Condensed Unaudited Consolida_7

Condensed Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net loss	$ (152,200)	$ (227,486)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	37,654	39,448
Stock-based compensation	179,746	231,289
Deferred income taxes	(96)	(3,114)
Change in fair value of warrants and derivative liabilities		410
Change in fair value of acquisition-related liabilities	6,681	12,234
Others, net	1,186	(216)
Change in non-cash working capital (net of acquisitions):
Account receivable	(33,306)	(4,595)
Prepaid expenses	872	(489)
Other current assets	31	(241)
Other non-current assets	(607)	150
Deferred revenue	(311)	(765)
Accounts payable	22,614	7,253
Accrued expenses and other current liabilities	1,225	1,778
Other non-current liabilities	72	(267)
Net cash provided by operating activities	63,561	55,389
Cash flows from investing activities:
Capital expenditures	(14,886)	(17,165)
Website and software development costs	(12,344)	(12,820)
Acquisitions and other investments, net of cash acquired	(18,246)	(9,209)
Net cash used for investing activities	(45,476)	(39,194)
Cash flows from financing activities:
Cash paid for acquisition-related liabilities	(8,710)	(2,292)
Proceeds from credit facilities, net of issuance costs	11,250	5,625
Issuance under employee stock purchase plan	1,567	1,320
Exercise of options	224	165
Repurchase of shares	(11,487)	(4,310)
Repayments against the credit facilities	(11,250)	(5,625)
Net cash used for financing activities	(18,406)	(5,117)
Effect of exchange rate changes on cash and cash equivalents	7	(129)
Net (decrease) / increase in cash and cash equivalents	(314)	10,949
Cash and cash equivalents, beginning of period	121,110	103,859
Cash and cash equivalents, end of period	120,796	114,808
Supplemental cash flow disclosures including non-cash activities:
Cash paid for interest, net	7,685	4,003
Cash paid for income taxes, net	1,274	1,114
Liability established in connection with acquisitions	7,670	19,773
Capitalized stock-based compensation as website and software development costs	2,634	4,131
Shares issued in connection with acquisitions and other agreements	1,343	14,936
Non-cash consideration for website and software development costs	$ 784	$ 981

Organization and Background

Organization and Background	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Background	1. Organization and Background (a) Nature of Business Zeta Global Holdings Corp., a Delaware Corporation ("Zeta" or “Zeta Global Holdings”) and Zeta Global Corp., a Delaware Corporation and the operating company (“Zeta Global” individually, or collectively with Zeta Global Holdings Corp. and its consolidated entities, as context dictates, the “Company”), is a marketing technology company that uses proprietary data, artificial intelligence and software to create a technology platform that enables marketers to acquire, retain and grow customer relationships. The Company’s technology platform powers data-driven marketing programs for enterprises across a wide range of industries and utilizes all digital distribution channels including email, search, social, mobile, display and connected TV. Zeta Global was incorporated and began operations in October 2007.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	2. Basis of Presentation and Summary of Significant Accounting Policies (a) Principles of Consolidation The accompanying condensed unaudited consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial reporting and as required by Rule 10-01 of Regulation S-X. Accordingly, the condensed unaudited consolidated financial statements may not include all of the information and notes required by GAAP for audited financial statements. The year-end December 31, 2022 consolidated financial statements data included herein was derived from audited financial statements but does not include all disclosures required by GAAP for complete financial statements. In the opinion of the Company’s management, the accompanying condensed unaudited consolidated financial statements contain all adjustments, consisting of items of a normal and recurring nature, necessary to present fairly the Company’s financial position as of September 30, 2023, the results of operations, comprehensive loss and stockholders’ equity for the three and nine-months ended September 30, 2023 and 2022, respectively, and cash flows for the nine-months ended September 30, 2023, and 2022, respectively. The results of operations for the three and nine-months ended September 30, 2023 and 2022, respectively, are not necessarily indicative of the results to be expected for the full year. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, and related disclosures, as of the date of the financial statements, and the amounts of revenues and expenses reported during the period. Actual results could differ from estimates. The accompanying condensed unaudited consolidated financial statements should be read in conjunction with the Company’s audited financial statements and the accompanying notes for the year ended December 31, 2022, which was included in Form 10-K filed with the SEC on February 24, 2023. The accompanying condensed unaudited consolidated financial statements include the accounts of Zeta and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The Company’s management considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. Subsequent events have been evaluated through the date of issuance of these financial statements. Certain reclassifications have been made to amounts presented in our condensed unaudited consolidated statement of cash flows for the nine months ended September 30, 2022 to conform to the presentation for the nine months ended September 30, 2023. (b) Revenue Recognition Revenue arises primarily from the Company’s technology platform via subscription fees, volume-based utilization fees and fees for professional services designed to maximize the customer usage of technology. Revenues are recognized when control of these services is transferred to the customers, in an amount that reflects the consideration we expect to be entitled to an exchange for those services. Sales and other taxes collected by the Company concurrent with revenue-producing activities are excluded from revenues. When the Company enters into contracts with third parties in which the Company is acting as both a vendor and a customer, the Company performs an assessment of the goods or services transferred and presents the revenue and expense based on the fair value of the goods or services provided or received. Contract assets and liabilities Contract assets represent revenue recognized for contracts that have not been invoiced to customers. Total contract assets were $ 8,019 and $ 2,325 as of September 30, 2023 and December 31, 2022, respectively, and are included in the account receivables, net, in the condensed unaudited consolidated balance sheets. Contract liabilities consists of deferred revenues that represent amounts billed to the customers in excess of the revenue recognized. Deferred revenues are subsequently recorded as revenues when earned in accordance with the Company’s revenue recognition policies. During the nine months ended September 30, 2023 and 2022, the Company billed and collected $ 4,724 and $ 13,926 in advance, respectively, and recognized $ 4,620 and $ 14,688 , respectively, as revenues. As of September 30, 2023 and December 31, 2022, the deferred revenues were $ 2,332 and $ 2,228 , respectively. Remaining Performance Obligations Remaining performance obligations represents contractual obligations that are not yet fulfilled. Revenues for such contractual obligations will be recognized in future periods. The remaining performance obligations are influenced by several factors, including seasonality, the timing of renewals, average contract terms and foreign currency exchange rates. The remaining performance obligations are subject to future economic risks including counterparty risks, bankruptcies, regulatory changes and other market factors. As of September 30, 2023, the Company's remaining performance obligations for the next twelve months and thereafter were approximately $ 84,500 and $ 127,500 , respectively. Disaggregation of revenues from contract with customers The Company reports disaggregation of revenues based on primary geographical markets and delivery channels / platforms. Revenues by delivery channels / platforms are based on whether the customer requirements necessitate integration with platforms or delivery channels not owned by the Company. When the Company generates revenues entirely through the Company platform, the Company considers it to be Direct Platform Revenues. When the Company generates revenue by leveraging its platform’s integration with third parties, it is considered Integrated Platform Revenues. The following table summarizes disaggregation for the three and nine months ended September 30, 2023 and 2022, respectively. Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Direct platform revenues 70 % 74 % 72 % 78 % Integrated platform revenues 30 % 26 % 28 % 22 % Refer to the Company’s accounting policy on “Segments” below for more information about disaggregation based on primary geographical markets. (c) Stock-based compensation and other stock-based payments: The measurement of stock-based compensation for all stock-based payment awards, including restricted stock, performance stock units (“PSUs”), shares purchased under its employee stock purchase plan and stock options granted to the employees, consultants or advisors and non-employee directors, is based on the estimated fair value of the awards on the date of grant or date of modification of such grants. The Company accounts for the modification to already issued awards as per guidance in ASC 718-20-35-3 (Refer to "Note 9. Stock-Based Compensation"). The Company accounts for all stock options and restricted shares granted prior to the IPO using a fair value-based method. The fair value of each stock option granted to employees is estimated on the date of the grant using the Black-Scholes-Merton option pricing model, and the related stock-based compensation is recognized over the expected life of the option. The fair value of the restricted shares granted prior to the IPO was determined using the Monte-Carlo simulation method and for the restricted shares granted post-IPO is based on the Company’s closing stock price as of the day prior to the date of the grants. The Company accounts for the forfeitures, as they occur. The Company uses the graded vesting attribution method to recognize the stock-based compensation. The Company accounts for its PSU awards based on the fair value determined using the Monte Carlo simulation method and for its ESPP using the Black-Scholes-Merton model, by a third-party valuation firm engaged by the Company. The Company recognizes the stock-based compensation related to these plans on a straight-line basis over the vesting terms associated with these plans. (d) Segments The Company operates as one operating segment. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company’s CODM is the Chief Executive Officer. Since it operates as one operating segment, all required financial segment information can be found in the condensed unaudited consolidated financial statements. Revenues and long-lived assets by geographic region are based on the physical location of the customers being served or the assets and are as follows: Revenues by geographical region consisted of the following: Three months ended September 30, Nix months ended September 30, 2023 2022 2023 2022 US $ 182,231 $ 146,488 $ 496,551 $ 398,418 International 6,753 5,764 21,852 17,403 Total revenues $ 188,984 $ 152,252 $ 518,403 $ 415,821 Total long-lived assets (including right-to-use assets) by geographical region consisted of the following: As of September 30, 2023 December 31, 2022 US $ 44,692 $ 47,858 International 1,890 2,224 Total long-lived assets $ 46,582 $ 50,082 (e) Concentration of Credit Risk No customer accounted for more than 10 % of the Company’s total revenues during the nine months ended September 30, 2023 and 2022. Financial instruments that potentially subject the Company to concentration risk consist primarily of accounts receivable from customers. As of September 30, 2023, there was one customer who represented more than 10 % of the accounts receivables. As of December 31, 2022 there was no customer that represented more than 10 % of accounts receivables balance. The Company continuously monitors whether there is an expected credit loss arising from customers and accordingly makes provisions as warranted. (f) Operating leases: On January 1, 2022, the Company adopted ASC 842, Leases, and recognized right to use assets and operating lease liabilities in its consolidated balance sheets. The Company held an emerging growth company status for 2022, therefore it elected the option to present the impact of adoption within the annual financial statements for the year ended December 31, 2022 and interim statements thereafter. The Company determines if an arrangement is, or contains, a lease at inception, and whether lease and non-lease components are combined or not. A contract is or contains a lease when, (1) the contract contains an identified asset and (2) the customer obtains substantially all of the economic benefits from the use of that underlying asset and directs how and for what purpose the asset is used during the term of the contract in exchange for consideration. Right-to-use assets and lease liabilities are initially recorded based on the present value of lease payments over the lease term, which includes the minimum unconditional term of the lease, and may include options to extend or terminate the lease when it is reasonably certain at the commencement date that such options will be exercised. Operating leases with a duration of one year or less are excluded from right-to-use assets and lease liabilities and related expense is recorded as incurred. As the rate implicit for each of the Company's leases is not readily determinable, the Company uses its incremental borrowing rate at commencement date in determining the present value of lease payments. Right-to-use assets also include any initial direct costs and any lease payments made prior to the lease commencement date and are reduced by any lease incentives received. Lease expense is recognized on a straight-line basis over the term of the lease. Lease expense is a combination of interest on lease liability and amortization of right-to-use assets. Operating lease expenses are included in general and administrative expenses in the condensed unaudited consolidated statements of operations and comprehensive loss. Refer to "Note 10 - Leases" for additional information. New accounting pronouncements In October 2021, the FASB released ASU No. 2021-08, Business Combinations (Topic 805)- Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The amendments in this update require that an entity (acquirer) recognize, and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606. At the acquisition date, an acquirer should account for the related revenue contracts in accordance with Topic 606 as if it had originated the contracts. For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years and require application of the new accounting guidance at the beginning of the earliest comparative period presented in the year of adoption, however early adoption is permitted. The guidance is applicable and as such adopted by the Company beginning from January 1, 2023 . However, the adoption of ASU 2021-08 did no t have any material impact on the Company's condensed unaudited consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” which was subsequently amended in November 2018 through ASU No. 2018-19, “Codification Improvements to Topic 326, Financial Instruments—Credit Losses.” ASU No. 2016-13 requires entities to estimate lifetime expected credit losses for trade and other receivables, net investments in leases, financing receivables, debt securities and other instruments, which will result in earlier recognition of credit losses. Further, the new credit loss model affects how entities in all industries estimate their allowance for losses for receivables that are current with respect to their payment terms. ASU No. 2018-19 further clarifies that receivables arising from operating leases are not within the scope of Topic 326. Instead, impairment from receivables of operating leases should be accounted for in accordance with Topic 842, Leases. As per the latest ASU 2020-02, FASB deferred the timelines for certain small public and private entities, thus the Company adopted the new guidance for the annual reporting period beginning January 1, 2023 and interim periods within that reporting period. The standard applied as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The adoption of new ASU did no t have any material impact on the Company's condensed unaudited consolidated financial statements.

Intangible Assets

Intangible Assets	9 Months Ended
	Sep. 30, 2023
Intangible Assets Disclosure [Abstract]
Intangible Assets	3. Intangible Assets The details of intangible assets and related accumulated amortization are set forth below: As of September 30, 2023 As of December 31, 2022 Gross Accumulated Net Gross Accumulated Net Data supply relationships $ 38,252 $ 16,727 $ 21,525 $ 25,314 $ 8,242 $ 17,072 Tradenames 2,720 2,692 28 2,720 2,650 70 Completed technologies 34,932 25,117 9,815 28,792 22,320 6,472 Customer relationships 74,453 55,722 18,731 71,099 50,355 20,744 Total intangible assets $ 150,357 $ 100,258 $ 50,099 $ 127,925 $ 83,567 $ 44,358 Amortization expense of intangibles for the three and nine months ended September 30, 2023 was $ 6,243 and $ 16,692 respectively and for the three and nine months ended September 30, 2022 was $ 6,348 and $ 18,585 , respectively. Weighted average useful life of the unamortized intangibles as of September 30, 2023 was 2.90 years. Based on the amount of intangible assets subject to amortization, the Company’s estimated future amortization expense over the next five years and beyond are as follows: As of September 30, 2023 Year ended December 31, Remaining three months of 2023 $ 6,114 2024 19,995 2025 13,994 2026 5,972 2027 2,542 2028 and thereafter 1,482 Total $ 50,099

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2023
Goodwill Disclosure [Abstract]
Goodwill	4. Goodwill Following is a summary of the carrying value of goodwill: Balance as of January 1, 2023 $ 133,069 Acquisition of WhatCounts 7,824 Foreign currency translation 1 Balance as of September 30, 2023 $ 140,894 There were no events during the nine months ended September 30, 2023 to which an impairment analysis would be warranted.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2023
Business Combinations [Abstract]
Acquisitions	5. Acquisitions The Company uses the purchase method of accounting in accordance with ASC 805, Business Combinations. This standard requires that the total cost of an acquisition be allocated to the tangible and intangible assets acquired and liabilities assumed based on the fair value of the tangible and intangible assets acquired and liabilities assumed at the acquisition date. The Company’s estimates and assumptions used in assessing fair value are inherently uncertain and subject to refinement. During the measurement period, which may be up to one year from the acquisition date, the Company may record adjustments to the fair value of these tangible and intangible assets acquired and liabilities assumed, with the corresponding offset to goodwill. In addition, uncertain tax positions and tax-related valuation allowances are initially recorded in connection with a business combination as of the acquisition date. Acquisition-related expenses are expensed when incurred. The Company may also agree to pay a portion of the purchase price for certain acquisitions in the form of contingent consideration. The unpaid amounts of these liabilities are included in the acquisition-related liabilities on the condensed unaudited consolidated balance sheets as of September 30, 2023 and December 31, 2022. (a) WhatCounts, Inc. On March 1, 2023 , the Company entered into an asset purchase agreement with the Output Services Group, Inc. to purchase certain assets of WhatCounts , Inc. ("WhatCounts"), including customer contracts, technology assets and certain employees who were engaged in these businesses. The Company concluded the transaction represents an acquisition of a business under ASC 805, Business Combinations. The total consideration of WhatCounts acquisition is $ 15,990 , including $ 1,011 as estimated earn-outs based on the achievement of certain operating targets of the acquired businesses, and $ 128 as working capital adjustment. During the three months ended September 30, 2023 the Company finalized the purchase price allocations for its WhatCounts acquisition. Accordingly, the Company has recognized $ 960 as customer relationships intangibles, $ 6,140 as completed technologies, $ 7,824 as goodwill and $ 1,066 as other net assets associated with this acquisition. The Company amortizes the intangible assets over the weighted average life of 3.0 years. Prior to the acquisition, WhatCounts' technology asset was being used as an Email Service Provider (“ESP”). Therefore, the Company paid a premium to acquire these assets, which is represented as Goodwill in the above purchase price allocation. The Company incurred $ 203 as acquisition-related expenses related to this acquisition. Goodwill acquired by the Company in its WhatCounts acquisition is deductible for tax purposes. (b) ArcaMax Publishing, Inc. On March 11, 2022 , the Company entered into a stock purchase agreement with the seller of ArcaMax Publishing, Inc., (“ArcaMax”) to purchase all of its issued and outstanding shares of common stock. The stock purchase agreement was effective March 1, 2022. The fair value of the aggregate purchase consideration for the ArcaMax acquisition was $ 26,925 . The Company paid cash consideration of $ 9,386 (including a working capital adjustment of $ 386 ), issued 926,785 shares of Class A common stock with a fair value of $ 10,000 , and agreed to pay certain earn-outs valued at $ 6,577 based on the operating performance of the acquired business after the closing date in cash and in shares of the Company, $ 962 in cash holdback. During the year ended December 31, 2022, the Company finalized the purchase price allocation for its ArcaMax acquisition. Accordingly, the Company has recognized $ 5,100 as customer relationships intangibles, $ 5,700 as completed technologies, $ 18,588 as goodwill, $ 2,850 as deferred tax liability and $ 387 as other net assets associated with this acquisition. The Company amortizes the intangible assets over the weighted average life of 5 years. Prior to the acquisition, ArcaMax was a leader in the development and distribution of more than 400 interest-based newsletters to consumers in the United States, distributing news and syndicating features to a growing opted-in subscriber audience of four million readers. Therefore, the Company paid a premium to acquire ArcaMax assets, which is represented as Goodwill in the above purchase price allocation. The Company incurred $ 344 as acquisition-related expenses related to this acquisition. Goodwill acquired by the Company in its ArcaMax acquisition is not deductible for tax purposes.

Acquisition Related Liabilities

Acquisition Related Liabilities	9 Months Ended
	Sep. 30, 2023
Acquisition Related Liabilities [Abstract]
Acquisition Related Liabilities	6. Acquisition-Related Liabilities The following is a summary of acquisition-related liabilities: eBay CRM IgnitionOne Kinetic Vital Apptness ArcaMax What Counts Total Balance as of January 1, 2023 $ 8,000 $ 1,360 $ 892 $ 2,300 $ 10,301 $ 9,822 $ - $ 32,675 Additions - - - - - - 1,139 1,139 Payments made during the period ( 2,112 ) ( 210 ) ( 473 ) ( 1,495 ) ( 1,449 ) ( 4,313 ) - ( 10,052 ) Change in fair value of earn-out 450 ( 244 ) ( 32 ) 195 3,963 709 1,490 6,531 Balance as of September 30, 2023 $ 6,338 $ 906 $ 387 $ 1,000 $ 12,815 $ 6,218 $ 2,629 $ 30,293 During the nine months ended September 30, 2023, the businesses acquired by the Company in its Apptness, ArcaMax and WhatCounts acquisitions have performed better than the estimates used for the initial purchase price allocation, as such the Company recorded the changes in the fair value of the earn-outs, which are included in "other expenses" on the condensed unaudited consolidated statements of operations and comprehensive loss. The Company has been a party to a litigation matter in relation to certain acquisition-related liabilities for its eBay CRM acquisition dated November 2, 2015. During the three months ended September 30, 2023, the Company settled the litigation and recorded an additional liability of $ 450 and paid $ 2,113 . The Company expects to pay the remaining amount of $ 6,338 within the next 12 months and included this amount in acquisition-related liabilities (current) in the condensed unaudited consolidated balance sheets.

Credit Facilities

Credit Facilities	9 Months Ended
	Sep. 30, 2023
Line of Credit Facility [Abstract]
Credit Facilities	7. Credit Facilities The Company’s long-term borrowings are as follows: As of September 30, 2023 As of December 31, 2022 Credit facility $ 185,000 $ 185,000 Less: unamortized deferred financing cost ( 956 ) ( 1,047 ) Long-term borrowings $ 184,044 $ 183,953 On February 3, 2021, the Company entered into a $ 222,500 Senior Secured Credit Facility (“Senior Secured Credit Facility”) with a syndicate of financial institutions and institutional lenders, which consists of (i) a $ 73,750 initial revolving facility, (ii) a $ 111,250 term loan facility, and (iii) a $ 37,500 in incremental revolving facility commitment. On March 23, 2023, the Company entered into a $ 25,000 incremental revolving facility commitment (the “2023 Incremental Revolving Commitment”), thereby increasing the total credit facility of the Company to $ 247,500 . Out of the total credit facility, $ 45,625 remains undrawn as of September 30, 2023. The Company has an outstanding letter of credit amounting to $ 1,244 against the available revolving credit facility. The credit facility was fully secured by the financial institution with a first lien on the Company’s assets. Interest on the current outstanding balances is payable quarterly and calculated using a SOFR rate of no lower than SOFR+ 2.125 % and no higher than SOFR+ 2.625 % based on the Company’s consolidated net leverage ratio stated in the credit agreement. The effective interest rate on this debt for the nine months ended September 30, 2023 was 7.2 % . The extensions of credit may be used solely (a) to refinance existing indebtedness, (b) to pay any expenses associated with this line of credit agreement, (c) for acquisitions, and (d) for other general corporate purposes. The Company is required to repay the principal balance and any unpaid accrued interest on the Senior Secured Credit Facility on February 3, 2026 . During the nine months ended September 30, 2023, the Company borrowed $ 11,250 against the revolver facility and repaid the same amount against the term loan under the credit facility. The Senior Secured Credit Facility contains certain financial maintenance covenants including consolidated net leverage ratio and consolidated fixed charge coverage ratio. In addition, this agreement contains restrictive covenants that may limit the Company’s ability to, among other things, acquire equity interests of the Company from its stockholders, repurchase / retire any of the Company’s securities, and pay dividends or distribute excess cash flow. Additionally, the Company is required to submit periodic financial covenant letters that would include current net leverage ratio and fixed charge coverage ratio, among others. As of September 30, 2023, the applicable total leverage ratio and fixed charge coverage ratio were 2.75 and 1.25 , respectively, and the Company was in compliance with these covenants. As of September 30, 2023, the repayment schedule for the long-term borrowings was as follows: As of September 30, 2023 Year ended December 31, Remaining three months of 2023 $ — 2024 11,250 2025 16,875 2026 156,875 Total* $ 185,000 *Includes $ 8,438 repayable against the term loan facility within the twelve-month period ending September 30, 2024. The Company intends to draw against the available revolving facility to pay off term loan installments and therefore the total borrowings are included in “Long-term borrowings” on the condensed unaudited consolidated balance sheet as of September 30, 2023 .

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies (a) Purchase obligations The Company entered into non-cancellable vendor agreements to purchase services. As of September 30, 2023, the Company was party to outstanding purchase contracts as follows: As of September 30, 2023 Year Ended December 31, Remaining three months of 2023 $ 7,127 2024 31,427 2025 13,066 2026 4,157 2027 620 Total $ 56,397 (b) Lease commitments Refer to "Note 10. Leases" for Company's future lease commitments. (c) Other contingencies The Company is a party to various litigations and administrative proceedings related to claims arising from its operations in the ordinary course of business including in relation to certain contingent purchase price obligations noted above. The Company records provisions for losses when claims become probable, and the amounts are estimable. Although the outcome of these matters cannot be predicted with certainty, the Company’s management believes that the resolution of the matters will not have a material effect on the Company’s business, results of operations, financial condition, or cash flows. See “Note 6. Acquisition-Related Liabilities” for additional information.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	9. Stock-Based Compensation Stock-based compensation plan In 2008, the Company adopted its 2008 Stock Option/Stock Issuance Plan and, in 2017, the Company adopted the Zeta Global Holdings Corp. 2017 Incentive Plan (collectively, the “Plans”). The Plans permitted the issuance of stock options, restricted stock and restricted stock units to employees, directors and officers, consultants or advisors and non-employee directors of the Company. Options granted under the Plans expire no later than ten years from the grant date. Prior to the IPO, the restricted stock and restricted stock units granted under the Plans generally did not vest until a change in control. Upon a change in control, restricted stock and restricted stock units vest as to 25 % of the shares with the balance of the shares vesting in equal quarterly installments following the change in control over the remainder of a five-year term from the original date of grant. The restricted stock and restricted stock units fully vest upon a change in control to the extent five years has passed from the original date of grant of the restricted stock or restricted stock units. Since the vesting of these awards was contingent upon the change of control event, which was not considered probable until it occurred, the Company did not record any stock-based compensation for such awards prior to the IPO, a change in control event. The stock-based compensation has been recognized following the vesting of restricted stock, restricted stock units and options as described below. In connection with the IPO, the Company adopted the Zeta Global Holdings Corp. 2021 Incentive Award Plan (the “2021 Plan”), which was effective as of the day prior to the first public trading date of our Class A common stock, and under which restricted stock, restricted stock units and options have been granted to service providers. With certain exceptions, the equity awards granted under the 2021 Plan generally vest over four years , with 25 % of the shares vesting upon the first anniversary of the grant date and the remainder of the shares vesting in equal quarterly installments thereafter. During the three months ended September 30, 2023 and 2022, the Company recognized stock-based compensation expense of $ 57,672 and $ 75,218 , respectively. During the nine months ended September 30, 2023 and 2022, the Company recognized stock-based compensation expense of $ 179,746 and $ 231,289 , respectively. Restricted Stock and Restricted Stock Units As noted above, the Company’s restricted stock and restricted stock units granted prior to the IPO did not vest until a change of control. On March 24, 2021, the Company’s board of directors approved a modification in the vesting terms of its restricted stock and restricted stock unit awards. This modification was accounted for under the guidance in ASC 718-20-35-3. Given the vesting of the modified awards contained a performance condition associated with the IPO, the Company had determined that the modification was considered improbable-to-improbable under ASC 718-20-55-118 through 119. The Company recognized compensation expense over the modified vesting terms, based on the fair value as of the date of modification. During the nine months ended September 30, 2023, the Company's board of directors approved the modification of the vesting schedule of certain awards, such that the modification accelerated the vesting of those grants. These modifications were accounted for in accordance with ASC 718-20-35-3 and did not have any material impact on the stock-based compensation during the nine months ended September 30, 2023. Following is the activity of restricted stock and restricted stock units granted by the Company: Shares Weighted Average Non-vested as of January 1, 2023 60,107,275 $ 10.72 Granted (1) 8,310,561 9.63 Vested ( 12,115,212 ) 10.12 Forfeited (2) ( 1,151,286 ) 9.01 Non-vested as of September 30, 2023 (3) 55,151,338 $ 10.72 (1) During the nine months ended September 30, 2023, the Company granted 8,104,386 restricted stock and 206,175 restricted stock units to its employees, advisors and non-employee directors. (2) During the nine months ended September 30, 2023, 1,126,475 restricted stock and 24,811 restricted stock units were forfeited. (3) Includes 40,284,059 unvested Class A restricted stock, 13,900,874 unvested Class B restricted stock and 966,405 unvested restricted stock units as of September 30, 2023 . Stock options Following is the summary of transactions under the Company’s stock option plan: Number of Weighted Weighted Aggregate Outstanding options as of January 1, 2022 887,662 $ 3.53 4.19 $ 5.28 Granted 575,250 10.82 — — Exercised ( 315,430 ) 0.63 — — Forfeited ( 30,990 ) 10.83 — — Outstanding options as of December 31, 2022 1,116,492 $ 7.90 6.67 $ 0.59 Granted 1,714,555 8.63 — — Exercised ( 57,000 ) 3.92 — — Forfeited ( 90,562 ) 7.08 — — Outstanding options as of September 30, 2023 2,683,485 $ 8.48 5.06 $ 0.10 As of September 30, 2023, the Company had 669,211 outstanding exercisable options with a weighted-average exercise price of $ 2.30 . Options granted by the Company expire no later than ten years from the grant date. The company granted 1,714,555 options during the nine months ended September 30, 2023. The Company engaged a third-party valuation firm to determine the estimated fair value of the options using the Black-Scholes-Merton method, which was determined as $ 4.57 for the options issued during the nine months ended September 30, 2023 using the following assumptions: As of September 30, 2023 Dividend yield 0.0 % Volatility 51.0 % Risk-free rate of interest 3.6 % Performance Stock Unit (“PSU”) Award On April 19, 2023, the Compensation Committee of the Board of Directors approved the grant of 1,538,925 PSUs under the Company’s 2021 Plan. Upon achievement of the conditions described below, the PSUs could result in the issuance of up to 4,616,775 shares of Class A common stock. Each PSU represents the right to receive shares of Class A common stock as set forth in the PSU grant agreement or, at the option of the Company, an equivalent amount of cash. Participants have no right to the distribution of any shares or payment of any cash until the time (if ever) the PSUs are earned and have vested. Each PSU provides for the right to receive a dividend equivalent to the value of any ordinary cash dividends paid on substantially all the outstanding shares of Class A common stock if the PSUs are earned and vested. The PSUs may be earned at the end of each fiscal quarter beginning with the three-month period ending on December 31, 2023 and ending with, and including, the three month period ending on December 31, 2027. The PSUs shall be earned as a percentage of the PSUs granted, as set forth in the table below, based on the 20-day volume-weighted average closing price per share (“VWAP”) for such quarter. The number of PSUs earned for such quarter shall be reduced by the number of PSUs, if any, earned in any prior quarter. 20 Day VWAP of Class A common Below $ 13.66 $ 13.66 $ 16.13 $ 18.60 $ 22.05 $ 25.01 $ 37.60 Percentage of target PSUs 0 % 25 % 50 % 100 % 150 % 200 % 300 % Earned PSUs vest in three equal annual installments, with the first installment vesting on the date the Company determines the number of PSUs that are eligible to vest for such quarter, and the second and third installments vesting on the first and second anniversaries of such determination date, subject to accelerated vesting in connection with certain qualifying terminations of employment or a change in control. Following is the summary of PSUs under the Company’s 2021 Plan: Number of Weighted Average Outstanding as of January 1, 2023 3,479,500 $ 12.38 Granted 1,538,925 21.04 Vested ( 142,500 ) 5.17 Forfeited ( 120,250 ) 14.76 Outstanding as of September 30, 2023 4,755,675 $ 15.34 As of September 30, 2023, the Company had 275,500 performance stock units with a fair value of $ 5.17 , that are expected to vest over term. The Company engaged a third-party valuation firm to determine the estimated fair value of the PSUs using the Monte Carlo simulation method, which was determined as $ 21.04 per PSU issued during the nine months ended September 30, 2023 using the following assumptions: As of September 30, 2023 Dividend yield 0.0 % Volatility 55.0 % Risk-free rate of interest 3.6 % 2021 Employee Stock Purchase Plan (“ESPP”) On July 28, 2021, the Compensation Committee of the Board of Directors approved the Company’s first offering period under the ESPP, which commenced on August 1, 2021 and ended November 30, 2021. Following the end of the first offering period, the ESPP shall have consecutive offering periods of approximately six months in length commencing each year on December 1 and June 1 and ending on each May 31 and November 30, as applicable. During the nine months ended September 30, 2023, the Company issued 210,096 shares of Class A common stock related to the ESPP offering that ended on May 31, 2023. The fair value of the offering that commenced on June 1, 2023 was estimated at $ 2.54 per share, and expected to result in an issuance of approximately 216,847 shares of Class A common stock under this offering that will end on November 30, 2023. Unrecognized compensation expense The Company has $ 288,196 of unrecognized compensation expense related to its 55,151,338 unvested restricted stock and restricted stock units, 4,898,175 performance stock units, 2,014,274 unvested options and approximately 216,847 shares of Class A common stock to be issued under the ESPP. This unrecognized stock-based compensation will be recognized over a weighted average period of 1.12 years.

Leases

Leases	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Leases	10. Leases The Company maintains leased offices in the United States of America, United Kingdom, India, Belgium and France. The balances for right-to-use asset and lease liabilities are as follows: Operating Leases As of September 30, 2023 As of December 31, 2022 Right-to-use assets, net $ 5,943 $ 7,388 Current liabilities $ 1,873 $ 2,137 Non-Current liabilities $ 6,504 $ 7,877 Minimum lease obligations - Future minimum payments under all operating leases (including leases with a duration of one year or less) as of September 30, 2023 are as follows: As of September 30, 2023 Year Ended December 31, Remaining three months of 2023 $ 663 2024 2,297 2025 2,028 2026 1,843 2027 and thereafter 3,525 Total undiscounted lease commitments $ 10,356 Less: Short term leases and interest component ( 1,979 ) Total discounted operating lease liabilities $ 8,377

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2023
Stockholders' Equity Note [Abstract]
Stockholders' Equity	11. Stockholders’ Equity Share repurchase plan On August 3, 2022, the Company’s Board of Directors authorized a stock repurchase and withholding program of up to $ 50,000 in the aggregate for (i) repurchases of the Company’s outstanding Class A common stock through December 31, 2024 (the “2022 SRP”) and (ii) the withholding of shares as an alternative to market sales by certain executives to satisfy tax withholding requirements upon vesting of restricted stock awards (the “RSA Withholding Program"). During the three and nine months ended September 30, 2023, the Company repurchased 446,185 and 1,237,043 shares for a value of $ 3,517 and $ 11,487 , respectively, including shares repurchased in conjunction with tax withholdings for the executives. As of September 30, 2023, $ 28,915 worth of shares remained available for purchase under this discretionary plan. Conversion of Common Class B to Class A During the nine months ended September 30, 2023, 1,914,058 shares of Class B common stock were converted into shares of Class A common stock upon transfer pursuant to the terms of our amended and restated certificate of incorporation. Issuance of Class A common stock During the nine months ended September 30, 2023, the Company issued 76,627 shares of Class A common stock valued at $ 667 , 19,983 shares of Class A common stock valued at $ 176 , and 57,515 shares of Class A common stock valued at $ 500 for the earnout payments related to its ArcaMax, Kinetic and Vital acquisitions, respectively.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Disclosures	12. Fair Value Disclosures Fair value is the price that would be received from the sale of an asset or paid to transfer a liability assuming an orderly transaction in the most advantageous market at the measurement date. U.S. GAAP establishes a hierarchical disclosure framework which prioritizes and ranks the level of observability of inputs used in measuring fair value. These tiers include Level 1, Level 2 and Level 3. Level 1 is defined as observable inputs such as quoted prices in active markets for identical assets; Level 2 is defined as observable inputs other than Level 1 prices such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3 is defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The following table represents the fair value of the financial instruments measured at fair value on a recurring basis: As of September 30, 2023 Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents* $ 106,506 $ — $ — $ 106,506 Total assets measured at fair value $ 106,506 $ — $ — $ 106,506 Liabilities Acquisition-related liabilities $ — $ — $ 30,293 $ 30,293 Total liabilities measured at fair value $ — $ — $ 30,293 $ 30,293 As of December 31, 2022 Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents* $ 107,354 $ — $ — $ 107,354 Total assets measured at fair value $ 107,354 $ — $ — $ 107,354 Liabilities Acquisition-related liabilities $ — $ — $ 32,675 $ 32,675 Total liabilities measured at fair value $ — $ — $ 32,675 $ 32,675 * Includes cash invested by the Company in certain money market accounts with a financial institution. The following table reconciles the changes in the fair value of the liabilities categorized within Level 3 of the fair value hierarchy for the nine months ended September 30, 2023: Acquisition Balance as of January 1, 2023 $ 32,675 Additions, net of payments ( 8,913 ) Change in fair value 6,531 Balance as of September 30, 2023 $ 30,293 In connection with certain business combinations, the Company may owe additional purchase consideration (contingent consideration included in the acquisition-related liabilities) based on the financial performance of the acquired entities after their acquisition. The fair value of the contingent consideration was determined using an unobservable input such as projected revenues, collections of accounts receivables, etc. Changes in any of the assumptions related to the unobservable inputs identified above may change the fair value of the contingent consideration.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	13. Related Party Transactions Casting Made Simple Corp. (“CMS”) is an entity owned by the Caivis Group (the Company's Chief Executive Officer owns a controlling interest in the Caivis Group) and the Chief Executive Officer’s spouse. On December 28, 2018, the Company entered into an agreement with CMS to monetize traffic generated through websites owned by CMS and give a profit share to CMS. The profit shared by the Company with CMS, amounted to $ 45 and $ 175 for the three and nine months ended September 30, 2023, respectively, and $ 55 and $ 166 for the three and nine months ended September 30, 2022, respectively, was recognized as direct cost of revenues in the condensed unaudited consolidated statements of operations and comprehensive loss. As of September 30, 2023 and December 31, 2022, the Company had outstanding payables of $ 60 and $ 25 , respectively, to CMS and included in the “accounts payable and accrued expenses” in the condensed unaudited consolidated balance sheets.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	14. Income Taxes The Company’s income tax provision consists of federal, foreign, and state taxes necessary to align the Company’s year-to-date tax provision with the annual effective rate that it expects to achieve for the full year. At each interim period, the Company updates its estimate of the annual effective tax rate and records cumulative adjustments as necessary. For the three and nine months ended September 30, 2023, the Company recorded an income tax provision of $ 590 and $ 1,097 , respectively. The effective tax rate for the three months ended September 30, 2023 was negative 1.4 % on a pre-tax loss of $ 42,496 and negative 0.7 % on a pre-tax loss of $ 151,103 for the nine months ended September 30, 2023. For the three and nine months ended September 30, 2022, the Company recorded an income tax provision of $ 896 and income tax benefit of $ 1,360 , respectively. The effective tax rate for the three months ended September 30, 2022 was negative 1.3 % on a pre-tax loss of $ 68,544 and 0.6 % on a pre-tax loss of $ 228,846 for the nine months ended September 30, 2022. The effective tax rate differs from the U.S. statutory rate primarily related to limited tax benefit recorded for U.S. operating losses as the Company maintains a full valuation allowance against its U.S. deferred tax assets.

Net Loss Per Share Attributable

Net Loss Per Share Attributable to Common Stockholders	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Net Loss Per Share Attributable to Common Stockholders	15. Net Loss Per Share Attributable to Common Stockholders Basic net loss per share is computed using the two-class method, by dividing the net loss by the weighted-average number of shares of common stock of the Company outstanding during the period. Diluted net loss per share is computed by giving effect to all potential shares of common stock of the Company, outstanding stock options, warrants, to the extent dilutive. However, the unvested restricted stock, restricted stock units and performance stock units as of September 30, 2023 and 2022 of 59,907,013 and 67,857,929 respectively, are not considered as participating securities and are anti-dilutive and as such are excluded from the weighted average number of shares used for calculating basic and diluted net loss per share. Basic and diluted net loss per share was the same for each period presented as the inclusion of all potential shares of common stock of the Company outstanding would have been anti-dilutive. The following table sets forth the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented: Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Numerator: Net loss $( 43,086 ) $( 69,440 ) $( 152,200 ) $( 227,486 ) Denominator: Class A common stock 141,996,316 124,920,063 138,330,485 119,953,034 Class B common stock 16,059,473 15,674,065 15,931,901 16,840,238 Denominator for Basic and Dilutive loss per share – weighted-average common stock 158,055,789 140,594,128 154,262,386 136,793,272 Basic loss per share $( 0.27 ) $( 0.49 ) $( 0.99 ) $( 1.66 ) Dilutive loss per share $( 0.27 ) $( 0.49 ) $( 0.99 ) $( 1.66 ) Since the Company was in a net loss position for all periods presented, the inclusion of all potential common equivalent shares outstanding would have been anti-dilutive. Therefore, net loss per share attributable to common stockholders was the same on a basic and diluted basis. Anti-dilutive weighted-average common equivalent shares were as follows: Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Options 2,729,037 1,201,964 1,861,620 1,081,654 Restricted stock and restricted stock units 57,220,265 67,303,354 58,079,321 67,329,282 Performance stock units 4,755,675 3,479,500 4,240,755 3,087,951

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Principles of Consolidation	(a) Principles of Consolidation The accompanying condensed unaudited consolidated financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial reporting and as required by Rule 10-01 of Regulation S-X. Accordingly, the condensed unaudited consolidated financial statements may not include all of the information and notes required by GAAP for audited financial statements. The year-end December 31, 2022 consolidated financial statements data included herein was derived from audited financial statements but does not include all disclosures required by GAAP for complete financial statements. In the opinion of the Company’s management, the accompanying condensed unaudited consolidated financial statements contain all adjustments, consisting of items of a normal and recurring nature, necessary to present fairly the Company’s financial position as of September 30, 2023, the results of operations, comprehensive loss and stockholders’ equity for the three and nine-months ended September 30, 2023 and 2022, respectively, and cash flows for the nine-months ended September 30, 2023, and 2022, respectively. The results of operations for the three and nine-months ended September 30, 2023 and 2022, respectively, are not necessarily indicative of the results to be expected for the full year. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts of assets and liabilities, and related disclosures, as of the date of the financial statements, and the amounts of revenues and expenses reported during the period. Actual results could differ from estimates. The accompanying condensed unaudited consolidated financial statements should be read in conjunction with the Company’s audited financial statements and the accompanying notes for the year ended December 31, 2022, which was included in Form 10-K filed with the SEC on February 24, 2023. The accompanying condensed unaudited consolidated financial statements include the accounts of Zeta and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The Company’s management considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. Subsequent events have been evaluated through the date of issuance of these financial statements. Certain reclassifications have been made to amounts presented in our condensed unaudited consolidated statement of cash flows for the nine months ended September 30, 2022 to conform to the presentation for the nine months ended September 30, 2023.
Revenue Recognition	(b) Revenue Recognition Revenue arises primarily from the Company’s technology platform via subscription fees, volume-based utilization fees and fees for professional services designed to maximize the customer usage of technology. Revenues are recognized when control of these services is transferred to the customers, in an amount that reflects the consideration we expect to be entitled to an exchange for those services. Sales and other taxes collected by the Company concurrent with revenue-producing activities are excluded from revenues. When the Company enters into contracts with third parties in which the Company is acting as both a vendor and a customer, the Company performs an assessment of the goods or services transferred and presents the revenue and expense based on the fair value of the goods or services provided or received. Contract assets and liabilities Contract assets represent revenue recognized for contracts that have not been invoiced to customers. Total contract assets were $ 8,019 and $ 2,325 as of September 30, 2023 and December 31, 2022, respectively, and are included in the account receivables, net, in the condensed unaudited consolidated balance sheets. Contract liabilities consists of deferred revenues that represent amounts billed to the customers in excess of the revenue recognized. Deferred revenues are subsequently recorded as revenues when earned in accordance with the Company’s revenue recognition policies. During the nine months ended September 30, 2023 and 2022, the Company billed and collected $ 4,724 and $ 13,926 in advance, respectively, and recognized $ 4,620 and $ 14,688 , respectively, as revenues. As of September 30, 2023 and December 31, 2022, the deferred revenues were $ 2,332 and $ 2,228 , respectively. Remaining Performance Obligations Remaining performance obligations represents contractual obligations that are not yet fulfilled. Revenues for such contractual obligations will be recognized in future periods. The remaining performance obligations are influenced by several factors, including seasonality, the timing of renewals, average contract terms and foreign currency exchange rates. The remaining performance obligations are subject to future economic risks including counterparty risks, bankruptcies, regulatory changes and other market factors. As of September 30, 2023, the Company's remaining performance obligations for the next twelve months and thereafter were approximately $ 84,500 and $ 127,500 , respectively. Disaggregation of revenues from contract with customers The Company reports disaggregation of revenues based on primary geographical markets and delivery channels / platforms. Revenues by delivery channels / platforms are based on whether the customer requirements necessitate integration with platforms or delivery channels not owned by the Company. When the Company generates revenues entirely through the Company platform, the Company considers it to be Direct Platform Revenues. When the Company generates revenue by leveraging its platform’s integration with third parties, it is considered Integrated Platform Revenues. The following table summarizes disaggregation for the three and nine months ended September 30, 2023 and 2022, respectively. Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Direct platform revenues 70 % 74 % 72 % 78 % Integrated platform revenues 30 % 26 % 28 % 22 % Refer to the Company’s accounting policy on “Segments” below for more information about disaggregation based on primary geographical markets.
Stock-based compensation and other stock-based payments:	(c) Stock-based compensation and other stock-based payments: The measurement of stock-based compensation for all stock-based payment awards, including restricted stock, performance stock units (“PSUs”), shares purchased under its employee stock purchase plan and stock options granted to the employees, consultants or advisors and non-employee directors, is based on the estimated fair value of the awards on the date of grant or date of modification of such grants. The Company accounts for the modification to already issued awards as per guidance in ASC 718-20-35-3 (Refer to "Note 9. Stock-Based Compensation"). The Company accounts for all stock options and restricted shares granted prior to the IPO using a fair value-based method. The fair value of each stock option granted to employees is estimated on the date of the grant using the Black-Scholes-Merton option pricing model, and the related stock-based compensation is recognized over the expected life of the option. The fair value of the restricted shares granted prior to the IPO was determined using the Monte-Carlo simulation method and for the restricted shares granted post-IPO is based on the Company’s closing stock price as of the day prior to the date of the grants. The Company accounts for the forfeitures, as they occur. The Company uses the graded vesting attribution method to recognize the stock-based compensation. The Company accounts for its PSU awards based on the fair value determined using the Monte Carlo simulation method and for its ESPP using the Black-Scholes-Merton model, by a third-party valuation firm engaged by the Company. The Company recognizes the stock-based compensation related to these plans on a straight-line basis over the vesting terms associated with these plans.
Segments	(d) Segments The Company operates as one operating segment. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company’s CODM is the Chief Executive Officer. Since it operates as one operating segment, all required financial segment information can be found in the condensed unaudited consolidated financial statements. Revenues and long-lived assets by geographic region are based on the physical location of the customers being served or the assets and are as follows: Revenues by geographical region consisted of the following: Three months ended September 30, Nix months ended September 30, 2023 2022 2023 2022 US $ 182,231 $ 146,488 $ 496,551 $ 398,418 International 6,753 5,764 21,852 17,403 Total revenues $ 188,984 $ 152,252 $ 518,403 $ 415,821 Total long-lived assets (including right-to-use assets) by geographical region consisted of the following: As of September 30, 2023 December 31, 2022 US $ 44,692 $ 47,858 International 1,890 2,224 Total long-lived assets $ 46,582 $ 50,082
Concentration of Credit Risk	(e) Concentration of Credit Risk No customer accounted for more than 10 % of the Company’s total revenues during the nine months ended September 30, 2023 and 2022. Financial instruments that potentially subject the Company to concentration risk consist primarily of accounts receivable from customers. As of September 30, 2023, there was one customer who represented more than 10 % of the accounts receivables. As of December 31, 2022 there was no customer that represented more than 10 % of accounts receivables balance. The Company continuously monitors whether there is an expected credit loss arising from customers and accordingly makes provisions as warranted.
Operating leases	(f) Operating leases: On January 1, 2022, the Company adopted ASC 842, Leases, and recognized right to use assets and operating lease liabilities in its consolidated balance sheets. The Company held an emerging growth company status for 2022, therefore it elected the option to present the impact of adoption within the annual financial statements for the year ended December 31, 2022 and interim statements thereafter. The Company determines if an arrangement is, or contains, a lease at inception, and whether lease and non-lease components are combined or not. A contract is or contains a lease when, (1) the contract contains an identified asset and (2) the customer obtains substantially all of the economic benefits from the use of that underlying asset and directs how and for what purpose the asset is used during the term of the contract in exchange for consideration. Right-to-use assets and lease liabilities are initially recorded based on the present value of lease payments over the lease term, which includes the minimum unconditional term of the lease, and may include options to extend or terminate the lease when it is reasonably certain at the commencement date that such options will be exercised. Operating leases with a duration of one year or less are excluded from right-to-use assets and lease liabilities and related expense is recorded as incurred. As the rate implicit for each of the Company's leases is not readily determinable, the Company uses its incremental borrowing rate at commencement date in determining the present value of lease payments. Right-to-use assets also include any initial direct costs and any lease payments made prior to the lease commencement date and are reduced by any lease incentives received. Lease expense is recognized on a straight-line basis over the term of the lease. Lease expense is a combination of interest on lease liability and amortization of right-to-use assets. Operating lease expenses are included in general and administrative expenses in the condensed unaudited consolidated statements of operations and comprehensive loss. Refer to "Note 10 - Leases" for additional information.
New accounting pronouncements	New accounting pronouncements In October 2021, the FASB released ASU No. 2021-08, Business Combinations (Topic 805)- Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The amendments in this update require that an entity (acquirer) recognize, and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606. At the acquisition date, an acquirer should account for the related revenue contracts in accordance with Topic 606 as if it had originated the contracts. For public business entities, the amendments in this update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years and require application of the new accounting guidance at the beginning of the earliest comparative period presented in the year of adoption, however early adoption is permitted. The guidance is applicable and as such adopted by the Company beginning from January 1, 2023 . However, the adoption of ASU 2021-08 did no t have any material impact on the Company's condensed unaudited consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” which was subsequently amended in November 2018 through ASU No. 2018-19, “Codification Improvements to Topic 326, Financial Instruments—Credit Losses.” ASU No. 2016-13 requires entities to estimate lifetime expected credit losses for trade and other receivables, net investments in leases, financing receivables, debt securities and other instruments, which will result in earlier recognition of credit losses. Further, the new credit loss model affects how entities in all industries estimate their allowance for losses for receivables that are current with respect to their payment terms. ASU No. 2018-19 further clarifies that receivables arising from operating leases are not within the scope of Topic 326. Instead, impairment from receivables of operating leases should be accounted for in accordance with Topic 842, Leases. As per the latest ASU 2020-02, FASB deferred the timelines for certain small public and private entities, thus the Company adopted the new guidance for the annual reporting period beginning January 1, 2023 and interim periods within that reporting period. The standard applied as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The adoption of new ASU did no t have any material impact on the Company's condensed unaudited consolidated financial statements.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Summary of Disaggregation of Revenue	The following table summarizes disaggregation for the three and nine months ended September 30, 2023 and 2022, respectively. Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Direct platform revenues 70 % 74 % 72 % 78 % Integrated platform revenues 30 % 26 % 28 % 22 %
Schedule of Revenues and Long-Lived Assets by Geographic Region are Based on the Physical Location of the Customers Being Served or the Assets	Revenues by geographical region consisted of the following: Three months ended September 30, Nix months ended September 30, 2023 2022 2023 2022 US $ 182,231 $ 146,488 $ 496,551 $ 398,418 International 6,753 5,764 21,852 17,403 Total revenues $ 188,984 $ 152,252 $ 518,403 $ 415,821 Total long-lived assets (including right-to-use assets) by geographical region consisted of the following: As of September 30, 2023 December 31, 2022 US $ 44,692 $ 47,858 International 1,890 2,224 Total long-lived assets $ 46,582 $ 50,082

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2023
Intangible Assets Disclosure [Abstract]
Summary of Intangible Assets and Related Accumulated Amortization	The details of intangible assets and related accumulated amortization are set forth below: As of September 30, 2023 As of December 31, 2022 Gross Accumulated Net Gross Accumulated Net Data supply relationships $ 38,252 $ 16,727 $ 21,525 $ 25,314 $ 8,242 $ 17,072 Tradenames 2,720 2,692 28 2,720 2,650 70 Completed technologies 34,932 25,117 9,815 28,792 22,320 6,472 Customer relationships 74,453 55,722 18,731 71,099 50,355 20,744 Total intangible assets $ 150,357 $ 100,258 $ 50,099 $ 127,925 $ 83,567 $ 44,358
Summary of Total Estimated Future Amortization Expense	Based on the amount of intangible assets subject to amortization, the Company’s estimated future amortization expense over the next five years and beyond are as follows: As of September 30, 2023 Year ended December 31, Remaining three months of 2023 $ 6,114 2024 19,995 2025 13,994 2026 5,972 2027 2,542 2028 and thereafter 1,482 Total $ 50,099

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2023
Goodwill Disclosure [Abstract]
Summary of Goodwill	Following is a summary of the carrying value of goodwill: Balance as of January 1, 2023 $ 133,069 Acquisition of WhatCounts 7,824 Foreign currency translation 1 Balance as of September 30, 2023 $ 140,894

Acquisition Related Liabiliti_2

Acquisition Related Liabilities (Tables)	9 Months Ended
	Sep. 30, 2023
Acquisition Related Liabilities [Abstract]
Schedule of Acquisition Related Liabilities	The following is a summary of acquisition-related liabilities: eBay CRM IgnitionOne Kinetic Vital Apptness ArcaMax What Counts Total Balance as of January 1, 2023 $ 8,000 $ 1,360 $ 892 $ 2,300 $ 10,301 $ 9,822 $ - $ 32,675 Additions - - - - - - 1,139 1,139 Payments made during the period ( 2,112 ) ( 210 ) ( 473 ) ( 1,495 ) ( 1,449 ) ( 4,313 ) - ( 10,052 ) Change in fair value of earn-out 450 ( 244 ) ( 32 ) 195 3,963 709 1,490 6,531 Balance as of September 30, 2023 $ 6,338 $ 906 $ 387 $ 1,000 $ 12,815 $ 6,218 $ 2,629 $ 30,293

Credit Facilities (Tables)

Credit Facilities (Tables)	9 Months Ended
	Sep. 30, 2023
Line of Credit Facility [Abstract]
Schedule Of Long-Term Borrowings	The Company’s long-term borrowings are as follows: As of September 30, 2023 As of December 31, 2022 Credit facility $ 185,000 $ 185,000 Less: unamortized deferred financing cost ( 956 ) ( 1,047 ) Long-term borrowings $ 184,044 $ 183,953
Summary of Maturities of Long-term Debt	As of September 30, 2023, the repayment schedule for the long-term borrowings was as follows: As of September 30, 2023 Year ended December 31, Remaining three months of 2023 $ — 2024 11,250 2025 16,875 2026 156,875 Total* $ 185,000 *Includes $ 8,438 repayable against the term loan facility within the twelve-month period ending September 30, 2024. The Company intends to draw against the available revolving facility to pay off term loan installments and therefore the total borrowings are included in “Long-term borrowings” on the condensed unaudited consolidated balance sheet as of September 30, 2023 .

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Summary of Long-term Purchase Commitment	The Company entered into non-cancellable vendor agreements to purchase services. As of September 30, 2023, the Company was party to outstanding purchase contracts as follows: As of September 30, 2023 Year Ended December 31, Remaining three months of 2023 $ 7,127 2024 31,427 2025 13,066 2026 4,157 2027 620 Total $ 56,397

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of The Activity of Restricted Stock And Restricted Stock Units Granted By The Company	Following is the activity of restricted stock and restricted stock units granted by the Company: Shares Weighted Average Non-vested as of January 1, 2023 60,107,275 $ 10.72 Granted (1) 8,310,561 9.63 Vested ( 12,115,212 ) 10.12 Forfeited (2) ( 1,151,286 ) 9.01 Non-vested as of September 30, 2023 (3) 55,151,338 $ 10.72 (1) During the nine months ended September 30, 2023, the Company granted 8,104,386 restricted stock and 206,175 restricted stock units to its employees, advisors and non-employee directors. (2) During the nine months ended September 30, 2023, 1,126,475 restricted stock and 24,811 restricted stock units were forfeited. (3) Includes 40,284,059 unvested Class A restricted stock, 13,900,874 unvested Class B restricted stock and 966,405 unvested restricted stock units as of September 30, 2023 .
Summary of Transaction under the Company Stock Option Plan	Following is the summary of transactions under the Company’s stock option plan: Number of Weighted Weighted Aggregate Outstanding options as of January 1, 2022 887,662 $ 3.53 4.19 $ 5.28 Granted 575,250 10.82 — — Exercised ( 315,430 ) 0.63 — — Forfeited ( 30,990 ) 10.83 — — Outstanding options as of December 31, 2022 1,116,492 $ 7.90 6.67 $ 0.59 Granted 1,714,555 8.63 — — Exercised ( 57,000 ) 3.92 — — Forfeited ( 90,562 ) 7.08 — — Outstanding options as of September 30, 2023 2,683,485 $ 8.48 5.06 $ 0.10
Summary of Performance Stock Unit Award Activity	Following is the summary of PSUs under the Company’s 2021 Plan: Number of Weighted Average Outstanding as of January 1, 2023 3,479,500 $ 12.38 Granted 1,538,925 21.04 Vested ( 142,500 ) 5.17 Forfeited ( 120,250 ) 14.76 Outstanding as of September 30, 2023 4,755,675 $ 15.34
Summary of Share-based Compensation Arrangements by Share-based Payment Award	20 Day VWAP of Class A common Below $ 13.66 $ 13.66 $ 16.13 $ 18.60 $ 22.05 $ 25.01 $ 37.60 Percentage of target PSUs 0 % 25 % 50 % 100 % 150 % 200 % 300 %
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Performance Shares Award Valuation Assumptions	As of September 30, 2023 Dividend yield 0.0 % Volatility 51.0 % Risk-free rate of interest 3.6 %
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Performance Shares Award Valuation Assumptions	As of September 30, 2023 Dividend yield 0.0 % Volatility 55.0 % Risk-free rate of interest 3.6 %

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Summary of Right-of-Use Asset and Lease Liabilities	The balances for right-to-use asset and lease liabilities are as follows: Operating Leases As of September 30, 2023 As of December 31, 2022 Right-to-use assets, net $ 5,943 $ 7,388 Current liabilities $ 1,873 $ 2,137 Non-Current liabilities $ 6,504 $ 7,877
Summary of Future Minimum Payments Under Operating Leases	Minimum lease obligations - Future minimum payments under all operating leases (including leases with a duration of one year or less) as of September 30, 2023 are as follows: As of September 30, 2023 Year Ended December 31, Remaining three months of 2023 $ 663 2024 2,297 2025 2,028 2026 1,843 2027 and thereafter 3,525 Total undiscounted lease commitments $ 10,356 Less: Short term leases and interest component ( 1,979 ) Total discounted operating lease liabilities $ 8,377

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Summary of Financial Instruments Measured At Fair Value On a Recurring Basis	The following table represents the fair value of the financial instruments measured at fair value on a recurring basis: As of September 30, 2023 Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents* $ 106,506 $ — $ — $ 106,506 Total assets measured at fair value $ 106,506 $ — $ — $ 106,506 Liabilities Acquisition-related liabilities $ — $ — $ 30,293 $ 30,293 Total liabilities measured at fair value $ — $ — $ 30,293 $ 30,293 As of December 31, 2022 Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents* $ 107,354 $ — $ — $ 107,354 Total assets measured at fair value $ 107,354 $ — $ — $ 107,354 Liabilities Acquisition-related liabilities $ — $ — $ 32,675 $ 32,675 Total liabilities measured at fair value $ — $ — $ 32,675 $ 32,675 * Includes cash invested by the Company in certain money market accounts with a financial institution.
Summary of Reconciliations of Changes In The Fair Value of The Liabilities	The following table reconciles the changes in the fair value of the liabilities categorized within Level 3 of the fair value hierarchy for the nine months ended September 30, 2023: Acquisition Balance as of January 1, 2023 $ 32,675 Additions, net of payments ( 8,913 ) Change in fair value 6,531 Balance as of September 30, 2023 $ 30,293

Net Loss Per Share Attributab_2

Net Loss Per Share Attributable to Common Stockholders (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Summary of basic and diluted net loss per share	The following table sets forth the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented: Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Numerator: Net loss $( 43,086 ) $( 69,440 ) $( 152,200 ) $( 227,486 ) Denominator: Class A common stock 141,996,316 124,920,063 138,330,485 119,953,034 Class B common stock 16,059,473 15,674,065 15,931,901 16,840,238 Denominator for Basic and Dilutive loss per share – weighted-average common stock 158,055,789 140,594,128 154,262,386 136,793,272 Basic loss per share $( 0.27 ) $( 0.49 ) $( 0.99 ) $( 1.66 ) Dilutive loss per share $( 0.27 ) $( 0.49 ) $( 0.99 ) $( 1.66 )
Schedule of Anti-Dilutive Common Equivalent Shares	Anti-dilutive weighted-average common equivalent shares were as follows: Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Options 2,729,037 1,201,964 1,861,620 1,081,654 Restricted stock and restricted stock units 57,220,265 67,303,354 58,079,321 67,329,282 Performance stock units 4,755,675 3,479,500 4,240,755 3,087,951

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2023 USD ($) Segment	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Accounting Policies [Line Items]
Contract assets	$ 8,019		$ 2,325
Amount billed and collected in advance	4,724	$ 13,926
Revenue recognised out of advance receipt	4,620	$ 14,688
Deferred revenue	$ 2,332		2,228
Number of operating segments | Segment	1
Concentration risk percentage	10%	10%
Non-Current Operating lease liabilities	$ 6,504		7,877
Right-to-use asset	$ 5,943		$ 7,388
Accounts Receivable [Member]
Accounting Policies [Line Items]
Concentration risk percentage			10%
Accounts Receivable [Member] | One Customer [Member]
Accounting Policies [Line Items]
Concentration risk percentage	10%
Accounting Standards Update 2021-08 [Member]
Accounting Policies [Line Items]
Change in accounting principle, accounting standards update, adopted	true
Change in accounting principle, accounting standards update, adoption date	Jan. 01, 2023
Change in accounting principle, accounting standards update, immaterial effect	true
Accounting Standards Update 2016-13 [Member]
Accounting Policies [Line Items]
Change in accounting principle, accounting standards update, adopted	true
Change in accounting principle, accounting standards update, adoption date	Jan. 01, 2023
Change in accounting principle, accounting standards update, immaterial effect	true

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information 1 (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
Accounting Policies [Line Items]
Revenue, remaining performance obligation, amount	$ 84,500
Revenue, remaining performance obligation, expected timing of satisfaction, period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01
Accounting Policies [Line Items]
Revenue, remaining performance obligation, amount	$ 127,500
Revenue, remaining performance obligation, expected timing of satisfaction, period

Basis of Presentation and Sum_6

Basis of Presentation and Summary of Significant Accounting Policies - Summary of Disaggregation of Revenue (Detail) - Revenue, Product and Service Benchmark [Member] - Product Concentration Risk [Member]	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Direct Platform Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenues	70%	74%	72%	78%
Integrated Platform Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenues	30%	26%	28%	22%

Basis of Presentation and Sum_7

Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Revenues and Long-lived Assets by Geographic Region are Based on the Physical Location of the Customers Being Served or the Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 188,984	$ 152,252	$ 518,403	$ 415,821
Operating Segments [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	188,984	152,252	518,403	415,821
Long-lived assets	46,582		46,582		$ 50,082
Operating Segments [Member] | US [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	182,231	146,488	496,551	398,418
Long-lived assets	44,692		44,692		47,858
Operating Segments [Member] | International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	6,753	$ 5,764	21,852	$ 17,403
Long-lived assets	$ 1,890		$ 1,890		$ 2,224

Intangible Assets - Summary of

Intangible Assets - Summary of Intangible Assets and Related Accumulated Amortization (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross value	$ 150,357	$ 127,925
Accumulated amortization	100,258	83,567
Net value	50,099	44,358
Data supply relationships
Finite-Lived Intangible Assets [Line Items]
Gross value	38,252	25,314
Accumulated amortization	16,727	8,242
Net value	21,525	17,072
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross value	2,720	2,720
Accumulated amortization	2,692	2,650
Net value	28	70
Completed technologies
Finite-Lived Intangible Assets [Line Items]
Gross value	34,932	28,792
Accumulated amortization	25,117	22,320
Net value	9,815	6,472
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross value	74,453	71,099
Accumulated amortization	55,722	50,355
Net value	$ 18,731	$ 20,744

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Intangible Assets Disclosure [Abstract]
Amortization expense	$ 6,243	$ 6,348	$ 16,692	$ 18,585
Weighted average useful life of the unamortized intangibles			2 years 10 months 24 days

Intangible Assets - Summary o_2

Intangible Assets - Summary of Total Estimated Future Amortization Expense (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remaining three months of 2023	$ 6,114
2024	19,995
2025	13,994
2026	5,972
2027	2,542
2028 and thereafter	1,482
Net value	$ 50,099	$ 44,358

Goodwill - Summary of Goodwill

Goodwill - Summary of Goodwill (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Goodwill [Line Items]
Balance as of January 1, 2023	$ 133,069
Foreign currency translation	1
Balance as of September 30, 2023	140,894
WhatCounts [Member]
Goodwill [Line Items]
Acquisition	$ 7,824

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) $ in Thousands			9 Months Ended
	Mar. 01, 2023 USD ($)	Mar. 11, 2022 USD ($) Newsletter shares	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Business Acquisition, Date of Acquisition Agreement
Recognized of customer relationships as goodwill			$ 140,894		$ 133,069
Acquisition-related expenses			$ 203	$ 344
ArcaMax Publishing, Inc [Member]
Business Acquisition, Date of Acquisition Agreement
Business combination, purchase consideration		$ 26,925
Recognized of customer relationships intangibles		5,100
Recognized of customer relationships as goodwill		18,588
Recognized customer relationships as deferred tax liabilities		$ 2,850
Finite lived intangible assets useful lives		5 years
Acquisition-related expenses		$ 344
Business combination number of interest based newsletters to consumer | Newsletter		400
Date of agreement		Mar. 11, 2022
Name of acquired entity		ArcaMax Publishing, Inc., (“ArcaMax”)
Payments made during the year		$ 9,386
Earnouts based on the operating performance		6,577
Business combination, cash holdback		962
Business combination working capital adjustment		386
Other net assets		387
ArcaMax Publishing, Inc [Member] | Completed Technologies [Member]
Business Acquisition, Date of Acquisition Agreement
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		$ 5,700
ArcaMax Publishing, Inc [Member] | Series A Common Stock [Member]
Business Acquisition, Date of Acquisition Agreement
Business acquisition, number of shares | shares		926,785
Business combination, fair value		$ 10,000
WhatCounts Inc [Member]
Business Acquisition, Date of Acquisition Agreement
Fair value of earn outs	$ 1,011
Recognized of customer relationships intangibles	960
Recognized of customer relationships as goodwill	$ 7,824
Finite lived intangible assets useful lives	3 years
Acquisition-related expenses	$ 203
Date of agreement	Mar. 01, 2023
Name of acquired entity	WhatCounts
Payments made during the year	$ 15,990
Business combination working capital adjustment	128
Other net assets	1,066
WhatCounts Inc [Member] | Completed Technologies [Member]
Business Acquisition, Date of Acquisition Agreement
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 6,140

Acquisition Related Liabiliti_3

Acquisition Related Liabilities - Schedule of Acquisition Related Liabilities (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Schedule of acquisition related liabilities [Line Items]
Balance as of January 1, 2023	$ 32,675
Additions	1,139
Payments made during the period	(10,052)
Change in fair value of earn-out	6,531
Balance as of March 31, 2023	30,293
eBay CRM [Member]
Schedule of acquisition related liabilities [Line Items]
Balance as of January 1, 2023	8,000
Payments made during the period	(2,112)
Change in fair value of earn-out	450
Balance as of March 31, 2023	6,338
IgnitionOne [Member]
Schedule of acquisition related liabilities [Line Items]
Balance as of January 1, 2023	1,360
Payments made during the period	(210)
Change in fair value of earn-out	(244)
Balance as of March 31, 2023	906
Kinetic Data Solutions, LLC [Member]
Schedule of acquisition related liabilities [Line Items]
Balance as of January 1, 2023	892
Payments made during the period	(473)
Change in fair value of earn-out	(32)
Balance as of March 31, 2023	387
Vital Digital, Corp [Member]
Schedule of acquisition related liabilities [Line Items]
Balance as of January 1, 2023	2,300
Payments made during the period	(1,495)
Change in fair value of earn-out	195
Balance as of March 31, 2023	1,000
Apptness [Member]
Schedule of acquisition related liabilities [Line Items]
Balance as of January 1, 2023	10,301
Payments made during the period	(1,449)
Change in fair value of earn-out	3,963
Balance as of March 31, 2023	12,815
ArcaMax [Member]
Schedule of acquisition related liabilities [Line Items]
Balance as of January 1, 2023	9,822
Payments made during the period	(4,313)
Change in fair value of earn-out	709
Balance as of March 31, 2023	6,218
WhatCounts [Member]
Schedule of acquisition related liabilities [Line Items]
Additions	1,139
Change in fair value of earn-out	1,490
Balance as of March 31, 2023	$ 2,629

Acquisition Related Liabiliti_4

Acquisition Related Liabilities - Additional Information (Detail) - eBay CRM [Member] $ in Thousands	Sep. 30, 2023 USD ($)
Schedule of acquisition related liabilities [Line Items]
Business combination liabilities from contingencies	$ 450
Business combination final contingent consideration paid	2,113
Business combination remaining contingent consideration payable	$ 6,338

Credit Facilities - Summary of

Credit Facilities - Summary of Long-Term Borrowings (Detail) - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Line of Credit Facility [Line Items]
Total borrowings	[1]	$ 185,000
Less:Unamortized deferred financing cost		(956)	$ (1,047)
Long term borrowings		184,044	183,953
Credit facility [Member]
Line of Credit Facility [Line Items]
Total borrowings		$ 185,000	$ 185,000
[1] *Includes $ 8,438 repayable against the term loan facility within the twelve-month period ending September 30, 2024. The Company intends to draw against the available revolving facility to pay off term loan installments and therefore the total borrowings are included in “Long-term borrowings” on the condensed unaudited consolidated balance sheet as of September 30, 2023

Credit Facilities - Additional

Credit Facilities - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Mar. 23, 2023	Feb. 03, 2021
Line of Credit Facility [Line Items]
Total leverage ratio	2.75
Fixed charge coverage ratio	1.25
Line of Credit [Member]
Line of Credit Facility [Line Items]
Outstanding balance of the revolving loan	$ 1,244
Senior Debt Obligations [Member]
Line of Credit Facility [Line Items]
Secured debt		$ 247,500	$ 222,500
Debt instrument, maturity date	Feb. 03, 2026
Line of credit facility, current borrowing capacity	$ 37,500
Line of credit facility, remaining borrowing capacity	$ 45,625
Debt instrument, interest rate during period	7.20%
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term line of credit	$ 11,250
Revolving Credit Facility [Member] | Senior Debt Obligations [Member]
Line of Credit Facility [Line Items]
Line of credit facility, current borrowing capacity	73,750
Term Facility [Member] | Senior Debt Obligations [Member]
Line of Credit Facility [Line Items]
Line credit facility initial term loan withdrawn at closing date	$ 111,250
2023 Incremental Revolving Commitment [Member] | Senior Debt Obligations [Member]
Line of Credit Facility [Line Items]
Line of credit facility, current borrowing capacity		$ 25,000
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest charged on outstanding balance, Interest rate	2.625%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Maximum [Member] | Line of Credit [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate description	SOFR+2.625
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Minimum [Member] | Line of Credit [Member]
Line of Credit Facility [Line Items]
Line of credit facility, interest rate description	SOFR+2.125
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Senior Debt Obligations [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest charged on outstanding balance, Interest rate	2.125%

Credit Facilities - Summary o_2

Credit Facilities - Summary of Maturities of Long-term Debt (Detail) $ in Thousands	Sep. 30, 2023 USD ($)
Line of Credit Facility [Abstract]
2024	$ 11,250
2025	16,875
2026	156,875
Total	$ 185,000	[1]
[1] *Includes $ 8,438 repayable against the term loan facility within the twelve-month period ending September 30, 2024. The Company intends to draw against the available revolving facility to pay off term loan installments and therefore the total borrowings are included in “Long-term borrowings” on the condensed unaudited consolidated balance sheet as of September 30, 2023

Credit Facilities - Summary o_3

Credit Facilities - Summary of Maturities of Long-term Debt (Parenthetical) (Detail) $ in Thousands	Sep. 30, 2023 USD ($)
Line of Credit Facility [Abstract]
Repayable of long term debt	$ 8,438

Commitments and Contingencies -

Commitments and Contingencies - Summary of Long-term Purchase Commitment (Detail) $ in Thousands	Sep. 30, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Remaining three months of 2023	$ 7,127
2024	31,427
2025	13,066
2026	4,157
2027	620
Total	$ 56,397

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended			9 Months Ended			12 Months Ended
		Apr. 19, 2023	Sep. 30, 2023		Sep. 30, 2022	Sep. 30, 2023		Sep. 30, 2022	Dec. 31, 2022	Jun. 01, 2023	Dec. 31, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Number of options, Granted						1,714,555			575,250
Unrecognized compensation expense related to unvested restricted stock			55,151,338	[1]		55,151,338	[1]		60,107,275
Weighted average contractual years						1 year 1 month 13 days
Share-based payment award, number of shares granted	[2]					8,310,561
Wighted average exercise price			$ 8.48			$ 8.48			$ 7.9		$ 3.53
Share related expenses			$ 57,672		$ 75,218	$ 179,746		$ 231,289
Number of options, exercisable outstanding			669,211			669,211
Weighted average exercise price, exercisable			$ 2.3			$ 2.3
Number of options, Ending Balance			2,683,485			2,683,485			1,116,492
June 1, 2023 to November 30, 2023 [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized compensation expense related to unvested restricted stock			216,847			216,847
Common Stock [Member] | Class A Common Stock [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment award, number of shares issued			216,847			216,847
Stock Options [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Number of options, Granted						1,714,555
Wighted average exercise price			$ 4.57			$ 4.57
Stock Options [Member] | Common Stock [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based payment award, number of shares issued			2,014,274			2,014,274
Stock Options [Member] | Maximum [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based award expiration period						10 years
Restricted Stock and Restricted Stock Units [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Percentage of vesting of restricted stock and restricted stock units						25%
Share-based compensation arrangement by share-based payment award, award vesting period						4 years
Restricted Stock and Restricted Stock Units [Member] | Maximum [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period						5 years
Unvested Restricted Stock And Restricted Stock Units [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized compensation expense			$ 288,196			$ 288,196
Unvested restricted stock and stock units			55,151,338			55,151,338
Performance Shares [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized compensation expense related to unvested restricted stock			4,755,675			4,755,675			3,479,500
Share-based Payment Award, Number of Shares Authorized			4,898,175			4,898,175
Share-based payment award, number of shares granted		1,538,925				1,538,925
Wighted average exercise price			$ 21.04			$ 21.04
Performance Shares [Member] | Vested and Unvested Performance Stock [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized compensation expense related to unvested restricted stock			275,500			275,500
Weighted average grant date fair value			$ 5.17			$ 5.17
Performance Shares [Member] | Maximum [Member] | Class A Common Stock [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Issuance of shares		4,616,775
Employee Stock [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Wighted average exercise price										$ 2.54
Employee Stock [Member] | Common Stock [Member] | Class A Common Stock [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Issuance of shares						210,096
[1] Includes 40,284,059 unvested Class A restricted stock, 13,900,874 unvested Class B restricted stock and 966,405 unvested restricted stock units as of September 30, 2023 . During the nine months ended September 30, 2023, the Company granted 8,104,386 restricted stock and 206,175 restricted stock units to its employees, advisors and non-employee directors.

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of The Activity of Restricted Stock And Restricted Stock Units Granted By The Company (Detail) - $ / shares			9 Months Ended
		Apr. 19, 2023	Sep. 30, 2023
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Non-vested Shares, Beginning Balance			60,107,275
Granted	[1]		8,310,561
Vested			(12,115,212)
Forfeited	[2]		(1,151,286)
Non-vested Shares, Ending Balance	[3]		55,151,338
Non-vested Beginning Balance			$ 10.72
Granted	[1]		9.63
Vested			10.12
Forfeited	[2]		9.01
Non-vested Ending Balance	[3]		$ 10.72
Performance Shares [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Non-vested Shares, Beginning Balance			3,479,500
Granted		1,538,925	1,538,925
Vested			(142,500)
Forfeited			(120,250)
Non-vested Shares, Ending Balance			4,755,675
Non-vested Beginning Balance			$ 12.38
Granted			21.04
Vested			5.17
Forfeited			14.76
Non-vested Ending Balance			$ 15.34
[1] During the nine months ended September 30, 2023, the Company granted 8,104,386 restricted stock and 206,175 restricted stock units to its employees, advisors and non-employee directors. During the nine months ended September 30, 2023, 1,126,475 restricted stock and 24,811 restricted stock units were forfeited. Includes 40,284,059 unvested Class A restricted stock, 13,900,874 unvested Class B restricted stock and 966,405 unvested restricted stock units as of September 30, 2023 .

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of The Activity of Restricted Stock And Restricted Stock Units Granted By The Company (Parenthetical) (Detail) - shares	9 Months Ended
	Sep. 30, 2023		Dec. 31, 2022
Unrecognized compensation expense related to unvested restricted stock	55,151,338	[1]	60,107,275
Restricted Stock [Member]
Number of shares available for grant	8,104,386
Number of shares forfeited during period	1,126,475
Unvested Restricted Stock [Member]
Unrecognized compensation expense related to unvested restricted stock	966,405
Restricted Stock Units (RSUs) [Member]
Number of shares available for grant	206,175
Number of shares forfeited during period	24,811
Unvested Class A Restricted Stock [Member]
Unrecognized compensation expense related to unvested restricted stock	40,284,059
Unvested Class B Restricted Stock [Member]
Unrecognized compensation expense related to unvested restricted stock	13,900,874
[1] Includes 40,284,059 unvested Class A restricted stock, 13,900,874 unvested Class B restricted stock and 966,405 unvested restricted stock units as of September 30, 2023 .

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Transaction under the Company Stock Option Plan (Detail) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Number of options, Beginning Balance	1,116,492	887,662
Number of options, Granted	1,714,555	575,250
Number of options, Exercised	(57,000)	(315,430)
Number of options, Forfeited	(90,562)	(30,990)
Number of options, Ending Balance	2,683,485	1,116,492	887,662
Weighted average exercise price, Beginning Balance	$ 7.9	$ 3.53
Weighted average exercise price, Granted	8.63	10.82
Weighted average exercise price, Exercised	3.92	0.63
Weighted average exercise price, Forfeited	7.08	10.83
Weighted average exercise price, Ending Balance	$ 8.48	$ 7.9	$ 3.53
Weighted average remaining contractual life (years)	5 years 21 days	6 years 8 months 1 day	4 years 2 months 8 days
Aggregate intrinsic value	$ 100	$ 590	$ 5,280

Stock-Based Compensation - Shar

Stock-Based Compensation - Share Based Compensation Performance Shares Award Valuation Assumptions (Details)	9 Months Ended
	Sep. 30, 2023
Stock Options Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0%
Volatility	51%
Risk-free rate of interest	3.60%
Performance shares member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0%
Volatility	55%
Risk-free rate of interest	3.60%

Stock-Based Compensation - Su_4

Stock-Based Compensation - Summary of Share-based Compensation Arrangements by Share-based Payment Award (Details) - Common Class A [Member]	9 Months Ended
	Sep. 30, 2023 $ / shares
Below 13.66 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased	$ 13.66
Percentage of target PSUs	0%
13.66 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased	$ 13.66
Percentage of target PSUs	25%
16.13 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased	$ 16.13
Percentage of target PSUs	50%
18.60 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased	$ 18.6
Percentage of target PSUs	100%
22.05 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased	$ 22.05
Percentage of target PSUs	150%
25.01 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased	$ 25.01
Percentage of target PSUs	200%
37.60 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased	$ 37.6
Percentage of target PSUs	300%

Leases - Summary of Right-of-Us

Leases - Summary of Right-of-Use Asset and Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Right-to-use asset	$ 5,943	$ 7,388
Current Operating lease liabilities	$ 1,873	$ 2,137
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current	Other Liabilities, Current
Non-Current Operating lease liabilities	$ 6,504	$ 7,877
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent

Leases - Summary of Future Mini

Leases - Summary of Future Minimum Payments Under Operating Leases (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Leases [Abstract]
Remaining three months of 2023	$ 663
2024	2,297
2025	2,028
2026	1,843
2027 and thereafter	3,525
Total undiscounted lease commitments	10,356
Less: Short term leases and interest component	(1,979)
Total discounted operating lease liabilities	$ 8,377
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)		3 Months Ended						9 Months Ended
	Mar. 11, 2022	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Aug. 03, 2022
Class of Stock [Line Items]
Shares repurchased		$ 3,517,000	$ 1,419,000	$ 6,551,000	$ 4,310,000			$ 11,487,000
Class A Common Stock [Member]
Class of Stock [Line Items]
Stock repurchase program, remaining authorized repurchase amount		$ 28,915,000						$ 28,915,000
Class A Common Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Share repurchase program, authorized value									$ 50,000,000
Class A Common Stock [Member] | ArcaMax [Member]
Class of Stock [Line Items]
Business acquisition, number of shares								76,627
Business combination, fair value								$ 667,000
Class A Common Stock [Member] | Kinetic [Member]
Class of Stock [Line Items]
Business acquisition, number of shares								19,983
Business combination, fair value								$ 176,000
Class A Common Stock [Member] | Vital [Member]
Class of Stock [Line Items]
Business acquisition, number of shares								57,515
Business combination, fair value								$ 500,000
Class A Common Stock [Member] | Common Stock [Member]
Class of Stock [Line Items]
Stock issued during period, shares conversion of units		1,864,058		50,000	2,604,622	1,787,043	1,000,000	1,914,058
Shares repurchased (in shares)		446,185	135,461	329,474	569,953
Shares repurchased					$ 1,000
Series A Common Stock [Member] | ArcaMax [Member]
Class of Stock [Line Items]
Business acquisition, number of shares	926,785
Business combination, fair value	$ 10,000,000
Series A Common Stock [Member] | Common Stock [Member]
Class of Stock [Line Items]
Shares repurchased (in shares)		446,185						1,237,043

Warrants and Derivative Liabili

Warrants and Derivative Liabilities - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Warrants and Rights Note Disclosure [Abstract]
Fair value adjustment of warrants	$ (805)	$ 410

Fair Value Disclosures - Summar

Fair Value Disclosures - Summary of Financial Instruments Measured At Fair Value On a Recurring Basis (Detail) - Fair Value, Recurring [Member] - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Assets
Assets measured at fair value		$ 106,506	$ 107,354
Liabilities
Liabilities measured at fair value		30,293	32,675
Level 1 [Member]
Assets
Assets measured at fair value		106,506	107,354
Level 3 [Member]
Liabilities
Liabilities measured at fair value		30,293	32,675
Acquisition Related Liabilities [Member]
Liabilities
Liabilities measured at fair value		30,293	32,675
Acquisition Related Liabilities [Member] | Level 3 [Member]
Liabilities
Liabilities measured at fair value		30,293	32,675
Cash and Cash Equivalents [Member]
Assets
Assets measured at fair value	[1]	106,506	107,354
Cash and Cash Equivalents [Member] | Level 1 [Member]
Assets
Assets measured at fair value	[1]	$ 106,506	$ 107,354
[1] * Includes cash invested by the Company in certain money market accounts with a financial institution.

Fair Value Disclosures - Summ_2

Fair Value Disclosures - Summary of Reconciliations of Changes In The Fair Value of The Liabilities (Detail) - Acquisition Related Liabilities [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance as of January 1, 2023	$ 32,675
Additions, net of payments	(8,913)
Change in fair value	6,531
Balance as of September 30, 2023	$ 30,293

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Related party costs	$ 73,480	$ 57,529	$ 189,867	$ 149,487
Casting Made Simple Corp [Member] | Websites Traffic Monetization Agreement [Member]
Related Party Transaction [Line Items]
Related party costs	$ 45	$ 55	$ 175	$ 166
Cost of Revenue, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]	Related Party [Member]	Related Party [Member]
Casting Made Simple Corp [Member] | Websites Traffic Monetization Agreement [Member] | Accounts Payable and Accrued Liabilities [Member]
Related Party Transaction [Line Items]
Due to related party	$ 60		$ 60		$ 25
Other Liability, Related Party, Type [Extensible Enumeration]	Related Party [Member]		Related Party [Member]		Related Party [Member]

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income tax provision/(benefit)	$ 590	$ 896	$ 1,097	$ (1,360)
Effective tax rate	1.40%	1.30%	0.70%	0.60%
Pre-tax loss	$ 42,496	$ 68,544	$ 151,103	$ 228,846

Net Loss Per Share Attributab_3

Net Loss Per Share Attributable to Common Stockholders - Additional Information (Detail) - shares	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Unvested Restricted Stock, Restricted Stock Units And Performance Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	59,907,013	67,857,929

Net Loss Per Share Attributab_4

Net Loss Per Share Attributable to Common Stockholders - Summary of Basic and Diluted Net Loss Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net loss	$ (43,086)	$ (69,440)	$ (152,200)	$ (227,486)
Denominator:
Denominator for Basic Loss per share-Weighted-average Common Stock	158,055,789	140,594,128	154,262,386	136,793,272
Denominator for Dilutive Loss per share-Weighted-average Common Stock	158,055,789	140,594,128	154,262,386	136,793,272
Basic loss per share	$ (0.27)	$ (0.49)	$ (0.99)	$ (1.66)
Diluted loss per share	$ (0.27)	$ (0.49)	$ (0.99)	$ (1.66)
Class A Common Stock [Member]
Denominator:
Denominator for Basic Loss per share-Weighted-average Common Stock	141,996,316	124,920,063	138,330,485	119,953,034
Denominator for Dilutive Loss per share-Weighted-average Common Stock	141,996,316	124,920,063	138,330,485	119,953,034
Class B Common Stock [Member]
Denominator:
Denominator for Basic Loss per share-Weighted-average Common Stock	16,059,473	15,674,065	15,931,901	16,840,238
Denominator for Dilutive Loss per share-Weighted-average Common Stock	16,059,473	15,674,065	15,931,901	16,840,238

Net Loss Per Share Attributab_5

Net Loss Per Share Attributable to Common Stockholders - Schedule of Anti-Dilutive Common Equivalent Shares (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive common shares	2,729,037	1,201,964	1,861,620	1,081,654
Restricted Stock and Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive common shares	57,220,265	67,303,354	58,079,321	67,329,282
Performance Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive common shares	4,755,675	3,479,500	4,240,755	3,087,951