v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 309,333 $ 286,757
Short-term investments 68,111 73,978
Accounts receivable, net of expected credit losses of $4,649 and $4,592, respectively 63,630 61,589
Contract assets 997 892
Deferred contract costs 5,899 5,635
Prepaid expenses and other current assets 21,749 19,470
Total current assets 469,719 448,321
Property and equipment, net of accumulated depreciation and amortization of $26,847 and $20,253, respectively 25,706 26,318
Intangible assets, net of accumulated amortization of $14,112 and $12,205, respectively 11,890 13,797
Goodwill 207,781 207,781
Contract assets, noncurrent 807 826
Deferred contract costs, noncurrent 4,785 5,621
Operating lease right-of-use assets 8,806 9,709
Long-term investments 51,063 42,376
Other assets, noncurrent 115 27
Total assets 780,672 754,776
Current liabilities:    
Accounts payable 572 1,431
Accrued expenses and other current liabilities 54,851 53,894
Unearned revenue 3,121 1,869
Operating lease liabilities, current 2,318 2,400
Total current liabilities 60,862 59,594
Unearned revenue, noncurrent 410 375
Operating lease liabilities, noncurrent 10,409 11,584
Total liabilities 71,681 71,553
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Class A common stock, $0.001 par value; 1,700,000,000 shares authorized at June 30, 2025 and December 31, 2024; 120,334,155 and 115,635,624 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively. Class B common stock, $0.001 par value; 185,000,000 shares authorized at June 30, 2025 and December 31, 2024; 48,653,295 and 50,307,240 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 169 166
Preferred stock, $0.001 par value; 20,000,000 shares authorized at June 30, 2025 and December 31, 2024 0 0
Additional paid-in capital 922,023 899,754
Accumulated deficit (213,340) (216,726)
Accumulated other comprehensive income 139 29
Total stockholders’ equity 708,991 683,223
Total liabilities and stockholders’ equity $ 780,672 $ 754,776