v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 84,433 $ 81,829 $ 166,803 $ 162,189
Cost of revenue [1] 17,739 19,811 34,723 38,250
Gross profit 66,694 62,018 132,080 123,939
Operating expenses:        
Sales and marketing [1] 35,071 34,425 65,437 66,857
Research and development [1] 18,310 20,287 37,516 40,275
General and administrative [1] 15,855 15,436 29,499 30,365
Amortization of intangible assets 2,520 2,452 4,855 4,919
Acquisition related costs 111 334 444 667
Restructuring charges 1,614 2,572 3,526 2,572
Total operating expenses 73,481 75,506 141,277 145,655
Loss from operations (6,787) (13,488) (9,197) (21,716)
Gain on convertible note extinguishment 0 0 3,931 0
Interest income 1,171 3,196 2,471 6,374
Interest expense (2,522) (720) (5,065) (1,440)
Other expense (23) (111) (130) (443)
Loss before provision for income taxes (8,161) (11,123) (7,990) (17,225)
Provision for income taxes (221) (132) (745) (422)
Net loss $ (8,382) $ (11,255) $ (8,735) $ (17,647)
Basic net loss per share $ (0.1) $ (0.15) $ (0.11) $ (0.23)
Shares used to compute basic net loss per share 80,122 77,456 79,482 77,041
[1] Amounts include stock-based compensation expense and associated payroll tax costs, as follows:

 

 

 

For the three months ended June 30,

 

 

For the six months ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Cost of revenue

 

$

720

 

 

$

1,028

 

 

$

1,466

 

 

$

1,684

 

Sales and marketing

 

 

1,820

 

 

 

3,138

 

 

 

3,595

 

 

 

5,005

 

Research and development

 

 

2,740

 

 

 

3,273

 

 

 

5,782

 

 

 

6,749

 

General and administrative

 

 

2,045

 

 

 

2,582

 

 

 

1,901

 

 

 

5,174