v3.25.1
Prepaid Expenses and Other Assets
3 Months Ended
Mar. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid expenses and other assets

6. Prepaid expenses and other assets

The composition of prepaid expenses and other assets is as follows (in thousands):

 

March 31,

 

December 31,

 

 

2025

 

2024

 

 Prepaid expenses and other assets:

 

 

 

 

Prepaid expenses

$

7,130

 

$

6,584

 

Contract acquisition costs

 

5,907

 

 

6,657

 

Other assets

 

1,379

 

 

2,832

 

Total prepaid expenses and other assets

$

14,416

 

$

16,073

 

 

 

 

 

 Prepaid expenses and other assets:

 

 

 

 

 Current

$

11,880

 

$

13,058

 

 Non-current

 

2,536

 

 

3,015

 

 Total prepaid expenses and other assets:

$

14,416

 

$

16,073

 

 

Contract acquisition costs consist of upfront customer contract discounts, unamortized warrants cost and sales commissions. Other assets consist of security deposit for leased properties, investment in term deposits and input tax receivables.