v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 367,631 $ 358,560
Restricted cash 1,672 2,233
Investments 65,064 88,066
Accounts receivable, net 51,716 42,084
Contract assets, current portion, net 8,596 7,888
Prepaid expenses and other current assets 28,234 23,512
Deferred solution and other costs, current portion 22,631 26,611
Deferred implementation costs, current portion 10,508 9,706
Total current assets 556,052 558,660
Property and equipment, net 27,783 31,528
Right of use assets 27,188 30,402
Deferred solution and other costs, net of current portion 27,827 28,116
Deferred implementation costs, net of current portion 28,929 26,408
Intangible assets, net 78,377 94,633
Goodwill 512,869 512,869
Contract assets, net of current portion and allowance 14,103 9,483
Other long-term assets 3,149 2,696
Total assets 1,276,277 1,294,795
Current liabilities:    
Accounts payable 20,473 9,354
Accrued liabilities 24,572 18,239
Accrued compensation 31,754 32,949
Convertible notes, current portion 303,368 190,331
Deferred revenues, current portion 155,003 137,700
Lease liabilities, current portion 8,915 10,327
Total current liabilities 544,085 398,900
Convertible notes, net of current portion 0 302,115
Deferred revenues, net of current portion 26,826 27,281
Lease liabilities, net of current portion 33,832 38,346
Other long-term liabilities 9,723 10,357
Total liabilities 614,466 776,999
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock: $0.0001 par value; 5,000 shares authorized, no shares issued or outstanding as of December 31, 2025 and 2024 0 0
Common stock: $0.0001 par value; 150,000 shares authorized, 62,741 shares issued and outstanding as of December 31, 2025, and 60,728 shares issued and outstanding as of December 31, 2024 6 6
Additional paid-in capital 1,275,980 1,183,893
Accumulated other comprehensive loss (1,953) (1,873)
Accumulated deficit (612,222) (664,230)
Total stockholders' equity 661,811 517,796
Total liabilities and stockholders' equity $ 1,276,277 $ 1,294,795