v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 151,060 $ 135,782
Accounts receivable, net of allowance for expected credit losses of $2.7 million and $2.3 million at June 30, 2025 and December 31, 2024, respectively 35,102 31,090
Contract assets 15,595 12,839
Assets held for sale 48,336 11,422
Prepaid expenses and other current assets 29,180 27,181
Total current assets 279,273 218,314
Property and equipment, net 5,790 6,129
Capitalized software, net 48,180 41,595
Other non-current assets 34,513 36,127
Non-current assets held for sale 0 44,779
Intangible assets, net 184,044 211,172
Goodwill 867,205 863,152
Total assets 1,419,005 1,421,268
Current liabilities:    
Accounts payable 4,948 6,599
Accrued expenses and other 58,551 50,840
Deferred revenue 23,155 22,107
Customer deposits 13,049 11,382
Current maturities of long-term debt 5,500 5,500
Liabilities held for sale 12,718 14,298
Total current liabilities 117,921 110,726
Long-term debt, net of current maturities and deferred financing costs 520,294 522,442
Other non-current liabilities 36,812 36,301
Non-current liabilities held for sale 0 973
Total liabilities 675,027 670,442
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.00001 par value, 50,000,000 shares authorized and no shares issued or outstanding as of June 30, 2025 and December 31, 2024 0 0
Common stock, $0.00001 par value, 2,000,000,000 shares authorized and 182,188,973 and 183,725,236 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 2 2
Accumulated other comprehensive loss (9,832) (14,318)
Additional paid-in capital 1,414,432 1,426,206
Accumulated deficit (660,624) (661,064)
Total stockholders’ equity 743,978 750,826
Total liabilities and stockholders’ equity $ 1,419,005 $ 1,421,268