v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 334,260 $ 338,769
Marketable securities 529,116 552,852
Accounts receivable, net of allowance for doubtful accounts of $920 and $1,043 at March 31, 2026 and December 31, 2025, respectively 138,109 168,984
Deferred costs 64,793 62,619
Other receivables 7,925 10,383
Prepaid expenses and other 33,939 28,778
Total current assets 1,108,142 1,162,385
Property and equipment, net 19,832 20,546
Operating lease right-of-use assets 10,577 13,986
Deferred costs, non-current 53,958 59,767
Goodwill 204,174 206,164
Intangible assets, net 21,511 22,270
Other assets 7,184 8,453
Total assets 1,425,378 1,493,571
Current liabilities    
Accounts payable 10,665 8,932
Accrued expenses and other current liabilities 89,316 113,115
Deferred revenue 514,310 547,919
Convertible senior notes, current 71,140 71,072
Finance lease obligations 623 614
Total current liabilities 686,054 741,652
Convertible senior notes, non-current 696,807 696,263
Deferred revenue, non-current 35,001 37,305
Other long-term liabilities 102 92
Operating lease liabilities, non-current 6,965 10,472
Finance lease obligations, non-current 13,064 13,223
Total liabilities 1,437,993 1,499,007
Stockholders’ deficit    
Preferred stock, $0.001 par value per share, 100,000,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in-capital 699,649 720,923
Accumulated deficit (714,856) (733,852)
Accumulated other comprehensive income 2,535 7,436
Total stockholders’ deficit (12,615) (5,436)
Total liabilities and stockholders’ deficit 1,425,378 1,493,571
Class A Common Stock    
Stockholders’ deficit    
Common stock 53 53
Class B Common Stock    
Stockholders’ deficit    
Common stock $ 4 $ 4