v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 99,917 $ 367,631
Restricted cash 2,218 1,672
Investments 6,508 65,064
Accounts receivable, net 70,514 51,716
Contract assets, current portion, net 8,702 8,596
Prepaid expenses and other current assets 20,434 28,234
Deferred solution and other costs, current portion 25,206 22,631
Deferred implementation costs, current portion 10,972 10,508
Total current assets 244,471 556,052
Property and equipment, net 27,843 27,783
Right of use assets 26,754 27,188
Deferred solution and other costs, net of current portion 29,914 27,827
Deferred implementation costs, net of current portion 33,344 28,929
Intangible assets, net 73,446 78,377
Goodwill 512,869 512,869
Contract assets, net of current portion and allowance 16,144 14,103
Other long-term assets 3,633 3,149
Total assets 968,418 1,276,277
Current liabilities:    
Accounts payable 16,351 20,473
Accrued liabilities 22,507 24,572
Accrued compensation 24,475 31,754
Convertible notes, current portion 0 303,368
Deferred revenues, current portion 186,789 155,003
Lease liabilities, current portion 8,691 8,915
Total current liabilities 258,813 544,085
Deferred revenues, net of current portion 24,181 26,826
Lease liabilities, net of current portion 32,242 33,832
Other long-term liabilities 9,728 9,723
Total liabilities 324,964 614,466
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock: $0.0001 par value; 5,000 shares authorized, no shares issued or outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock: $0.0001 par value; 150,000 shares authorized, 62,360 issued and outstanding as of June 30, 2026 and 62,741 shares issued and outstanding as of December 31, 2025 6 6
Additional paid-in capital 1,201,853 1,275,980
Accumulated other comprehensive loss (2,680) (1,953)
Accumulated deficit (555,725) (612,222)
Total stockholders' equity 643,454 661,811
Total liabilities and stockholders' equity $ 968,418 $ 1,276,277