currency expense, and a $2.1 million increase in subscription, bank and network, depreciation and amortization and other general and administrative expenses, partially offset by a $2.5 million decrease in travel expense and a $1.2 million decrease in marketing expense.

filing / Aug 11, 2026 / receipt

and amortization, and other general and administrative expenses, partially offset by a $3.4 million decrease in travel expense.

filing / Aug 11, 2026 / receipt

The Company expects to incur approximately $ 4.6 million to $ 5.7 million in cash charges in connection with the 2026 Restructuring Plan, primarily consisting of severance and other employee-related costs.

filing / Aug 11, 2026 / receipt

The Company expects the acquisition to expand its capabilities in on-chain payments, including wallet and payment card functionality, and to enhance its ability to support enterprise clients and geographic expansion.

filing / Aug 11, 2026 / receipt

Restructuring Plan On July 16, 2026, the Board of Directors of the Company approved a restructuring plan (the "2026 Restructuring Plan") that includes a reduction in force.

filing / Aug 11, 2026 / receipt

In July 2026, we announced an operating realignment that includes a reduction in force affecting approximately 25% of our global workforce, undertaken to better align our cost structure and organizational priorities with our strategy to build a full-stack card issuance and payments platform, while maintaining expense discipline and continuing the integration of Monavate and Baanx.

filing / Aug 11, 2026 / receipt

in legal and consulting expenses, a $0.2 million increase in network fees and a $0.1 million increase in depreciation and amortization expenses, partially offset by a $0.9 million decrease in meeting and travel expenses and a $0.8 million decrease in political contributions.

filing / May 11, 2026 / receipt

The Company expects these acquisitions to expand its capabilities in on-chain payments, including wallet and payment card functionality, and to enhance its ability to support enterprise clients and geographic expansion.

filing / May 11, 2026 / receipt