v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 115,857 $ 111,192
Accounts receivable - Net of allowances of $3,702 and $3,773 as of June 30, 2026 and December 31, 2025, respectively 141,129 137,056
Income taxes receivable 17,134 33,274
Deferred contract costs 23,228 24,923
Other current assets 33,272 28,653
Total current assets 330,620 335,098
SOFTWARE, EQUIPMENT, AND PROPERTY—Net 171,905 166,796
OPERATING LEASE ASSETS 34,954 36,047
INTANGIBLE ASSETS—Net 964,898 1,010,658
GOODWILL 1,955,551 1,955,551
DEFERRED FINANCING FEES, REVOLVER—Net 1,184 1,368
DEFERRED CONTRACT COSTS 22,998 22,479
EQUITY METHOD INVESTMENT 10,228 10,228
OTHER ASSETS 39,590 35,207
TOTAL 3,531,928 3,573,432
CURRENT LIABILITIES:    
Accounts payable 20,163 30,954
Accrued expenses 75,304 80,897
Current portion of long-term debt 13,033 13,033
Current portion of long-term licensing agreement—Net 3,576 3,466
Operating lease liabilities 6,411 7,785
Deferred revenues 66,952 72,793
Note Payable to Minority Investor 26,741 25,197
Total current liabilities 212,180 234,125
LONG-TERM DEBT - Net 1,259,345 1,264,941
DEFERRED INCOME TAXES—Net 206,775 199,311
LONG-TERM LICENSING AGREEMENT—Net 19,153 20,968
OPERATING LEASE LIABILITIES 50,948 51,467
OTHER LIABILITIES 10,979 15,610
Total liabilities 1,759,380 1,786,422
COMMITMENTS AND CONTINGENCIES (Notes 19 and 20)
STOCKHOLDERS' EQUITY:    
Preferred stock-$0.0001 par; 100,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock - $0.0001 par; 5,000,000,000 shares authorized; 587,843,605 and 605,449,050 shares issued and outstanding as of June 30, 2026 and December 31, 2025,respectively 58 60
Additional paid-in capital 3,532,901 3,483,031
Accumulated deficit (1,759,481) (1,695,057)
Accumulated other comprehensive loss (930) (1,024)
Total stockholders' equity 1,772,548 1,787,010
TOTAL $ 3,531,928 $ 3,573,432