v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 215,642 $ 248,490
Accounts receivable, net of allowances of $2,807 and $2,254 as of March 31, 2026 and December 31, 2025, respectively 30,068 32,336
Contract assets and unbilled receivable, net 32,752 38,189
Other current assets 10,343 10,114
Total current assets 288,805 329,129
Restricted cash equivalents, non-current 676 676
Right-of-use assets 5,920 3,791
Property and equipment, net 2,863 2,928
Goodwill 122,277 122,277
Intangible assets, net 172,036 181,395
Deferred tax asset 28 29
Contract assets and unbilled receivable, non-current, net 34,067 29,906
Other non-current assets 18,279 18,042
Total assets 644,951 688,173
Current liabilities:    
Accounts payable 8,048 10,562
Accrued liabilities 29,321 26,325
Operating lease liabilities 2,751 1,812
Finance lease liabilities 289 332
Income tax liability 2,812 2,662
Deferred revenue 28,509 24,042
Contingent acquisition liabilities (Note 15) 0 4,400
Other current liabilities 1,557 1,604
Total current liabilities 73,287 71,739
Operating lease liabilities, net of current portion 3,186 2,069
Deferred revenue, net of current portion 6,756 8,195
Contingent acquisition liabilities, net of current portion (Note 15) 87,334 129,227
Deferred tax liabilities 1,379 1,363
Income tax liability, net of current portion 2,209 2,254
Other non-current liabilities 10,134 9,540
Total liabilities 184,285 224,387
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Series A Preferred Stock, $0.0001 par value; 1,000,000 shares authorized; 0 and 0 shares issued and outstanding, aggregate liquidation preference of $0 and $0 as of March 31, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 1,442,560 1,420,672
Accumulated deficit (982,094) (957,066)
Accumulated other comprehensive income 160 140
Total stockholders’ equity 460,666 463,786
Total liabilities and stockholders’ equity 644,951 688,173
Class A Common Stock    
Stockholders’ equity:    
Common stock 37 37
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 3 $ 3