v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 284,253 $ 301,835
Marketable securities 529,456 514,585
Accounts receivable, net of allowance for doubtful accounts of $912 and $1,220 at June 30, 2025 and December 31, 2024, respectively 121,564 148,433
Deferred costs 53,250 50,914
Other receivables 9,441 10,276
Prepaid expenses and other 25,184 22,199
Total current assets 1,023,148 1,048,242
Property and equipment, net 21,185 21,825
Operating lease right-of-use assets 11,664 11,786
Deferred costs, non-current 51,476 54,858
Goodwill 206,007 196,844
Intangible assets, net 25,215 27,389
Other assets 7,047 7,525
Total assets 1,345,742 1,368,469
Current liabilities    
Accounts payable 10,905 7,747
Accrued expenses and other current liabilities 118,588 126,508
Deferred revenue 461,267 457,608
Convertible senior notes, current 70,937 0
Finance lease obligations 578 562
Total current liabilities 662,275 592,425
Convertible senior notes, non-current 695,175 764,891
Deferred revenue, non-current 32,443 29,681
Other long-term liabilities 292 227
Operating lease liabilities, non-current 8,890 9,441
Finance lease obligations, non-current 13,195 13,488
Total liabilities 1,412,270 1,410,153
Stockholders’ deficit    
Preferred stock, $0.001 par value per share, 100,000,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in-capital 675,076 672,363
Accumulated deficit (748,454) (707,683)
Accumulated other comprehensive income (loss) 6,794 (6,420)
Total stockholders’ deficit (66,528) (41,684)
Total liabilities and stockholders’ deficit 1,345,742 1,368,469
Class A Common Stock    
Stockholders’ deficit    
Common stock 52 52
Class B Common Stock    
Stockholders’ deficit    
Common stock $ 4 $ 4