v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 112,207 $ 118,552
Short-term investments and marketable securities 72,546 41,308
Accounts receivable, net of allowance of $2,705 and $3,396, respectively 151,202 195,069
Deferred commissions, current 34,577 36,630
Prepaid expenses and other current assets 41,149 43,984
Total current assets 411,681 435,543
Property and equipment, net of accumulated depreciation of $36,719 and $32,142, respectively 34,799 37,109
Goodwill 28,763 25,555
Intangible assets, net of accumulated amortization of $6,650 and $5,341, respectively 1,882 2,240
Right-of-use assets for operating leases 30,951 31,081
Deferred commissions, net of current portion 59,366 60,540
Deferred tax assets 5,176 4,129
Other assets 18,130 24,842
Total assets 590,748 621,039
Current liabilities    
Accounts payable 8,881 4,322
Accrued expenses 14,547 11,388
Accrued compensation and related benefits 34,414 34,223
Deferred revenue 264,917 281,760
Debt 9,598 9,598
Operating lease liabilities 13,052 12,378
Other current liabilities 1,952 1,087
Total current liabilities 347,361 354,756
Long-term debt 236,027 240,826
Non-current operating lease liabilities 49,810 52,189
Deferred revenue, non-current 10,798 5,477
Other non-current liabilities 493 431
Total liabilities 644,489 653,679
Stockholders’ deficit    
Treasury stock at cost, 313,160 shares as of June 30, 2025 (10,000) 0
Additional paid-in capital 605,084 591,281
Accumulated other comprehensive loss (35,189) (11,774)
Accumulated deficit (613,643) (612,154)
Total stockholders’ deficit (53,741) (32,640)
Total liabilities and stockholders’ deficit 590,748 621,039
Class A Common Stock    
Stockholders’ deficit    
Common stock 4 4
Class B Common Stock    
Stockholders’ deficit    
Common stock $ 3 $ 3