v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 888,432 $ 881,473
Restricted cash 0 375
Accounts receivable, net of allowance for doubtful accounts 53,909 43,095
Deferred contract acquisition costs, current 22,995 20,544
Prepaid expenses and other current assets 41,903 34,262
Total current assets 1,007,239 979,749
Property and equipment, net 51,746 48,200
Right-of-use assets, net 90,816 42,917
Deferred contract acquisition costs, non-current 34,469 32,527
Restricted cash, non-current 739 739
Prepaid marketing expense 148,222 153,346
Other non-current assets 14,080 15,830
Total assets 1,347,311 1,273,308
Current liabilities:    
Accounts payable 14,290 14,579
Accrued expenses 83,772 99,828
Lease liabilities, current 18,575 20,989
Deferred revenue 76,187 64,497
Total current liabilities 192,824 199,893
Lease liabilities, non-current 84,115 32,449
Other non-current liabilities 6,440 6,979
Total liabilities 283,379 239,321
Stockholders’ Equity    
Preferred stock: $0.001 par value; 100,000,000 shares authorized; 0 and 0 shares issued and outstanding at March 31, 2025, and December 31, 2024, respectively. 0 0
Additional paid-in capital 1,922,930 1,878,899
Accumulated deficit (859,274) (845,185)
Total stockholders’ equity 1,063,932 1,033,987
Total liabilities and stockholders’ equity 1,347,311 1,273,308
Series A Common Stock    
Stockholders’ Equity    
Common stock 95 89
Series B Common Stock    
Stockholders’ Equity    
Common stock $ 181 $ 184