Financial Statement Components

6 Months Ended

Jun. 30, 2026

3. Financial Statement Components

Accounts receivable, net of allowance consists of the following:



	As of June 30,		As of December 31,
	2026		2025

	(In thousands)
Trade accounts receivable	$	45,602	$	34,322
Unbilled accounts receivable	65,262		57,400
Allowance for expected credit losses	(646)		(537)
Other accounts receivable	76		224
Total accounts receivable, net	$	110,294	$	91,409

Components of the allowance for expected credit losses are as follows:


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025

	(In thousands)
Balance, beginning of period	$	(640)	$	(2,644)	$	(537)	$	(2,172)
Charged to credit loss expense, net of reversals	(33)		(63)		(258)		(950)
Deductions (1)	27		746		147		1,206
Impact of foreign currency translation	—		(101)		2		(146)
Balance, end of period	$	(646)	$	(2,062)	$	(646)	$	(2,062)

________________________

(1) Write-off of uncollectible accounts after exhaustion of collection efforts.

Accrued expenses and other current liabilities consisted of the following:



	As of June 30,		As of December 31,
	2026		2025

	(In thousands)
Accrued expense	$	64,650	$	60,808
Accrued compensation and benefits	13,145		20,405
Accrued sales, use, VAT and telecommunications related taxes	5,386		4,421




Customer deposits	2,591		4,320
Other accrued expenses	1,525		1,197
Total accrued expenses and other current liabilities	$	87,297	$	91,151