v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 148,408 $ 135,782
Accounts receivable, net of allowance for expected credit losses of $2.1 million and $2.3 million at March 31, 2025 and December 31, 2024, respectively 32,356 31,090
Contract assets 11,115 12,839
Assets held for sale 46,435 11,422
Prepaid expenses and other current assets 30,231 27,181
Total current assets 268,545 218,314
Property and equipment, net 5,907 6,129
Capitalized software, net 43,573 41,595
Other non-current assets 34,912 36,127
Non-current assets held for sale 0 44,779
Intangible assets, net 197,477 211,172
Goodwill 863,686 863,152
Total assets 1,414,100 1,421,268
Current liabilities:    
Accounts payable 7,533 6,599
Accrued expenses and other 54,832 50,840
Deferred revenue 22,122 22,107
Customer deposits 11,857 11,382
Current maturities of long-term debt 5,500 5,500
Liabilities held for sale 15,626 14,298
Total current liabilities 117,470 110,726
Long-term debt, net of current maturities and deferred financing costs 521,364 522,442
Other non-current liabilities 35,697 36,301
Non-current liabilities held for sale 0 973
Total liabilities 674,531 670,442
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.00001 par value, 50,000,000 shares authorized and no shares issued or outstanding as of March 31, 2025 and December 31, 2024 0 0
Common stock, $0.00001 par value, 2,000,000,000 shares authorized and 183,034,613 and 183,725,236 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 2 2
Accumulated other comprehensive loss (13,841) (14,318)
Additional paid-in capital 1,422,185 1,426,206
Accumulated deficit (668,777) (661,064)
Total stockholders’ equity 739,569 750,826
Total liabilities and stockholders’ equity $ 1,414,100 $ 1,421,268