v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 82,487 $ 286,175
Marketable securities, current 238,721 9,707
Accounts receivable, net of allowance for credit losses of $6,493 and $8,254 as of June 30, 2025 and December 31, 2024, respectively 117,318 115,988
Prepaid expenses and other current assets 26,137 28,325
Total current assets 464,663 440,195
Property and equipment, net 181,770 179,097
Operating lease right-of-use assets, net 54,001 50,433
Goodwill 670,356 670,356
Intangible assets, net 32,814 42,876
Other assets 59,573 68,402
Total assets 1,463,177 1,451,359
Current liabilities:    
Accounts payable 13,344 6,044
Accrued expenses 45,282 41,622
Current debt 188,051 0
Finance lease liabilities, current 80 2,328
Operating lease liabilities, current 23,673 25,155
Other current liabilities 42,373 29,307
Total current liabilities 312,803 104,456
Long-term debt 149,883 337,614
Operating lease liabilities, non-current 48,577 39,561
Other long-term liabilities 9,267 4,478
Total liabilities 520,530 486,109
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock 3 3
Additional paid-in capital 2,012,312 1,958,157
Accumulated other comprehensive loss (169) (100)
Accumulated deficit (1,069,499) (992,810)
Total stockholders’ equity 942,647 965,250
Total liabilities and stockholders’ equity $ 1,463,177 $ 1,451,359