v3.25.2
CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 302,956 $ 325,276
Accounts receivable, net 24,439 24,648
Prepaid expenses and other current assets 22,969 24,732
Total current assets 350,364 374,656
Leasehold improvements and equipment, net 513 456
Goodwill 245,406 245,406
Intangible assets with definite lives, net 5,048 1,239
Other non-current assets 19,307 21,064
TOTAL ASSETS 620,638 642,821
LIABILITIES:    
Accounts payable, trade 3,215 4,473
Deferred revenue 170,724 161,923
Accrued expenses and other current liabilities 46,047 56,027
Total current liabilities 219,986 222,423
Other long-term liabilities 9,560 11,601
Commitments and contingencies
SHAREHOLDERS' EQUITY:    
Preferred stock, $0.01 par value; 100,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 803,691 801,367
Accumulated deficit (363,954) (366,323)
Accumulated other comprehensive loss (124) (1,180)
Treasury stock, at cost, 9,796 and 5,946 shares, respectively (50,273) (26,781)
Total shareholders' equity 391,092 408,797
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 620,638 642,821
Common Stock    
SHAREHOLDERS' EQUITY:    
Common stock, value 1,658 1,620
Class B common stock    
SHAREHOLDERS' EQUITY:    
Common stock, value $ 94 $ 94