v3.25.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 101,284 $ 88,792
Restricted cash 1,203 430
Accounts receivable, net of allowance of $669 and $653, respectively 101,640 130,784
Deferred contract costs, current 16,493 17,076
Prepaid expenses and other 61,506 19,194
Total current assets 282,126 256,276
Long-term assets:    
Property and equipment, net of accumulated depreciation and amortization of $22,507 and $21,305, respectively 10,872 9,891
Operating lease right-of-use assets 21,282 7,161
Deferred contract costs, noncurrent 20,305 22,084
Deposits and other 5,138 5,068
Deferred income taxes, net 57,774 68,583
Total assets 397,497 369,063
Current liabilities:    
Current maturities of long-term debt 3,093 3,093
Accounts payable 6,085 5,275
Accrued compensation, benefits and commissions 33,273 33,586
Other accrued liabilities 18,687 20,688
Operating lease liabilities, current 4,281 3,967
Deferred revenue, current 241,376 257,983
Total current liabilities 306,795 324,592
Long-term liabilities:    
Long-term debt, net of current maturities 75,638 82,187
Deferred revenue, noncurrent 21,569 23,214
Operating lease liabilities, noncurrent 20,558 7,064
Other long-term liabilities 1,972 1,451
Total liabilities 426,532 438,508
Commitments and contingencies (Note 8)
Stockholders’ deficit:    
Preferred stock; $0.0001 par value. Authorized 99,820 (excluding 180 shares of Series A Preferred Stock) no other series has been designated 0 0
Common stock; $0.0001 par value. Authorized 1,000,000 shares; issued and outstanding 92,504 and 91,120 shares, respectively 9 9
Additional paid-in capital 183,117 177,533
Accumulated other comprehensive loss (6,171) (7,389)
Accumulated deficit (204,874) (238,482)
Treasury stock (1,116) (1,116)
Total stockholders' deficit (29,035) (69,445)
Total liabilities and stockholders' deficit $ 397,497 $ 369,063