Company: CDLX
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666071-25-000126
Chunk: 154

Company: Cardlytics, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 154
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During the three and six months ended June 30, 2025, we implemented certain cost savings measures and incurred one-time costs of approximately $1.5 million in connection with these measures.

Acquisition, integration and divestiture costs

 Three Months Ended June 30,ChangeSix Months Ended June 30,Changein thousands20252024$%20252024$%Acquisition, integration and divestiture costs— 162 (162)n/a— 162 (162)n/a% of Revenue— %— %— %— %

During the three and six months ended June 30, 2024, we realized an expense of $0.2 million primarily due to the changes in the estimated brokerage fees and transaction bonuses and accounting for all true-ups and credits related to the acquisition of Bridg.

Change in contingent consideration

 Three Months Ended June 30,ChangeSix Months Ended June 30,Changein thousands20252024$%20252024$%Change in contingent consideration$42 $(5,808)$5,850 (101)$102 $9 $93 n/a% of Revenue— %(8)%— %— %

During the three months ended June 30, 2025 we realized an expense of less than $0.1 million primarily related to interest accretion associated with the contingent consideration. During the three months ended June 30, 2024 we realized an expense of $5.8 million primarily due to the change in value of contingent consideration to the former Bridg shareholders. Refer to Note 8—Fair Value Measurements to our consolidated financial statements for additional information regarding the contingent consideration.

During the six months ended June 30, 2025 we realized an expense of $0.1 million primarily related to interest accretion associated with the contingent consideration. During the six months ended June 30, 2024 we realized an expense of less than $0.1 million primarily due to the change in value of contingent consideration to the former Bridg shareholders. Refer to Note 8—Fair Value Measurements to our consolidated financial statements for additional information regarding the contingent consideration.

Loss (Gain) on Disposal or Divestiture

 Three Months Ended June 30,ChangeSix Months Ended June 30,Changein thousands20252024$%20252024$%Loss (gain) on disposal or divestiture$200 $