v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net loss $ (65,783) $ (80,941) $ (29,725)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 3,025 3,544 2,957
Share-based compensation expense 25,408 37,988 34,649
Gain on debt extinguishment     (33,953)
Foreign currency transaction loss 382 471 90
Other non-cash expenses     502
Impairment of right-of-use assets 1,897    
Changes in assets and liabilities:      
Accounts receivable (1,590) 28,090 (29,300)
Prepaid expenses and other current assets 5,004 (2,456) 1,165
Right-of-use assets 3,696 4,562 4,045
Accounts payable (2,959) 1,915 (2,238)
Accrued liabilities (15,265) 5,932 (588)
Deferred revenue (23,872) (55,207) 38,606
Lease liabilities (4,214) (3,645) (4,309)
Net cash used in operating activities (74,271) (59,747) (18,099)
Investing activities      
Acquisition of property and equipment (230) (648) (2,901)
Net cash used in investing activities (230) (648) (2,901)
Financing activities      
Proceeds from debt 15,000   20,000
Proceeds from exercise of stock options 1,109 4,736 2,668
Proceeds from issuance of common stock under equity plans 585 682 609
Proceeds from issuance of common stock, net of issuance costs 11,688    
Payments on debt obligations (15,000)   (47,364)
Net cash provided by (used in) financing activities 13,382 5,418 (24,087)
Net decrease in cash, cash equivalents and restricted cash (61,119) (54,977) (45,087)
Cash, cash equivalents and restricted cash, beginning of year 293,913 348,890 393,977
Cash, cash equivalents and restricted cash, end of year 232,794 293,913 348,890
Supplemental disclosure of cash flow information      
Cash paid for interest     2,127
Cash paid for income taxes   1,407  
Non-cash investing activities      
Right-of-use assets acquired through operating leases   2,736  
Non-cash asset disposal $ 2,345 $ 473  
Purchase of property and equipment in accounts payable and accrued expenses     $ 68