v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 11,674 $ 33,901
Short-term investments (Note 5) 26,429 20,698
Accounts receivable, net of allowance of $73 as of both March 31, 2026 and December 31, 2025 14,694 19,183
Prepaid expenses and other current assets 8,740 8,608
Total current assets 61,537 82,390
Property and equipment, net 3,594 3,872
Long-term investments (Note 5) 3,779 4,946
Equity method investment 0 2,989
Operating lease right-of-use assets 5,165 3,919
Intangibles, net 19,548 2,168
Goodwill 35,195 4,178
Other assets 11,058 10,569
TOTAL ASSETS 139,876 115,031
Current liabilities:    
Accounts payable 563 340
Accrued expenses and other current liabilities 27,028 19,094
Operating lease liabilities, current 1,373 1,233
Deferred revenue, current 54,729 51,367
Vendor financing arrangements, current 829 1,166
Total current liabilities 84,522 73,200
Deferred revenue, noncurrent 39,602 43,974
Operating lease liabilities, noncurrent 4,086 3,116
Vendor financing arrangements, noncurrent 452 452
Deferred income, noncurrent 6,161 6,452
Other liabilities 2,462 2,469
Total liabilities 137,285 129,663
Commitments and contingencies (Note 11)
Stockholders' equity (deficit):    
Preferred stock, par value of $0.001 - 10,000,000 shares authorized and no shares issued and outstanding as of both March 31, 2026 and December 31, 2025 0 0
Common stock, par value of $0.001 - 300,000,000 shares authorized as of both March 31, 2026 and December 31, 2025; 46,017,908 and 44,268,816 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 46 44
Additional paid-in capital 182,014 156,776
Accumulated other comprehensive income 121 179
Accumulated deficit (179,590) (171,631)
Total stockholders' equity (deficit) 2,591 (14,632)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 139,876 $ 115,031