v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 521,170 $ 604,787
Accounts receivable, net of allowances of $2,872 and $2,755 at March 31, 2026 and December 31, 2025, respectively [1] 308,599 311,170
Inventory 51,831 51,724
Related party asset 11,910 8,785
Prepaid expenses and other current assets 42,530 40,498
Marketable equity securities 117,902 150,211
Total current assets 1,053,942 1,167,175
Property and equipment, net 88,593 89,156
Goodwill 470,169 470,211
Intangible assets, net 330,587 349,202
Capitalized software, net 9,505 6,051
Investments and other assets 20,530 21,111
Investment in joint venture 81,675 86,557
Related party asset, less current portion 13,090 16,215
Operating lease right-of-use assets 62,306 64,496
Restricted cash 4,694 4,664
Total Assets 2,135,091 2,274,838
Current Liabilities    
Accounts payable 41,023 81,994
Accrued expenses 160,628 155,370
Deferred revenue [2] 72,866 92,673
Deferred other income 15,955 15,955
Other current liabilities 10,248 8,680
Operating lease liabilities 12,639 13,355
Accrued data licensing fees 4,597 4,361
Total current liabilities 317,956 372,388
Operating lease liabilities, less current portion 72,723 74,272
Convertible promissory note 199,279 208,672
Other long-term liabilities 54,115 56,600
Revolving credit facility 100,000 100,000
Interest payable 15,844 12,393
Long-term debt, net 204,624 202,753
Convertible senior notes, net 729,267 728,078
Deferred other income, less current portion 3,989 7,977
Deferred revenue, less current portion 20,889 20,379
Total Liabilities 1,718,686 1,783,512
Commitments and contingencies
Convertible redeemable preferred stock, $0.0001 par value, 20,000,000 shares authorized at March 31, 2026 and December 31, 2025, respectively, no shares issued and outstanding at March 31, 2026 and December 31, 2025 0 0
Stockholders' equity    
Treasury Stock, 183,229 shares at March 31, 2026 and December 31, 2025, respectively, at cost (6,642) (6,642)
Additional Paid-In Capital 2,945,718 2,892,910
Accumulated Other Comprehensive (Loss) Income (908) 902
Accumulated deficit (2,521,781) (2,395,862)
Total Stockholders' equity 416,405 491,326
Total Liabilities, Convertible redeemable preferred stock, and Stockholders' equity 2,135,091 2,274,838
Common Class A [Member]    
Stockholders' equity    
Common stock value issued 17 17
Common Class B [Member]    
Stockholders' equity    
Common stock value issued $ 1 $ 1
[1] Includes related party accounts receivable of $15,690 and $6,428 as of March 31, 2026 and December 31, 2025, respectively.
[2] Includes related party deferred revenue of $403 and $3,938 as of March 31, 2026 and December 31, 2025, respectively.