| Balance Sheet Components |
6. Balance Sheet Components Property and Equipment, Net The cost and accumulated depreciation and amortization of property and equipment were as follows (in thousands):
|
|
|
|
|
|
|
|
|
March 31, 2025 |
|
|
December 31, 2024 |
|
Computers, equipment, and software |
$ |
13,543 |
|
|
$ |
12,664 |
|
Furniture and fixtures |
|
1,047 |
|
|
|
1,047 |
|
Leasehold improvements |
|
416 |
|
|
|
416 |
|
Capitalized internal-use software costs |
|
92,172 |
|
|
|
74,395 |
|
Construction in progress - capitalized internal-use software costs |
|
22,631 |
|
|
|
33,731 |
|
Property and equipment, at cost |
$ |
129,809 |
|
|
$ |
122,253 |
|
Less: Accumulated depreciation and amortization |
|
(48,112 |
) |
|
|
(43,573 |
) |
Property and equipment, net |
$ |
81,697 |
|
|
$ |
78,680 |
|
Depreciation and amortization expense was $6.1 million and $3.8 million for the three months ended March 31, 2025 and 2024, respectively. Accrued Expenses and Other Liabilities Accrued expenses and other liabilities consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
March 31, 2025 |
|
|
December 31, 2024 |
|
Accrued compensation and benefits |
$ |
36,284 |
|
|
$ |
76,308 |
|
Accrued income taxes |
|
29,889 |
|
|
|
27,313 |
|
Accrued expenses |
|
19,210 |
|
|
|
17,771 |
|
Accrued payroll taxes |
|
17,420 |
|
|
|
15,940 |
|
Accrued commissions |
|
13,526 |
|
|
|
22,735 |
|
Employee contributions under employee stock purchase plan |
|
6,449 |
|
|
|
12,606 |
|
Other liabilities |
|
19,144 |
|
|
|
21,577 |
|
Total accrued expenses and other liabilities |
$ |
141,922 |
|
|
$ |
194,250 |
|
|