That amount was detailed in the company’s recent report of earnings for the second quarter ended June 30. According to information posted on the company’s website between May 2 and May 31 “threat actors” punished several set of extracted data that contained “confidential information from our files, including bank account numbers, from some of our customers.” The company is notifying affected customers so they can take step to protect their businesses. The AvdiXchange fact sheet says the investigation will take time to identify affected customers. It outlined several steps the company has taken including resetting internal passwords company-wide and modifying firewalls, along with implementing additional logging and process restrictions. The costs of the incident kept the net loss for the quarter higher. As it was AvidXchange narrowed its loss by 27.1 percent for the quarter on a 19.1 percent rise in revenue year-over-year. The company reported a loss of $18.8 million compared to a loss of $25.7 million in the same period last year. Revenue for the most recently ended period was $91.2 million, up from $76.6 million a year ago. AvidXchange reported 18.8 million transactions processed, up 8.7 percent from 17.3 million in last year’s corresponding period. Second-quarter payment volume rose to 12.6 percent from $16.6 billion a year earlier.