v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 89,798 $ 180,563
Marketable securities 247,700 181,196
Accounts receivable, net of allowance for credit losses of $6,967 and $6,262 as of June 30, 2026 and December 31, 2025, respectively 114,216 118,029
Prepaid expenses and other current assets 27,333 26,921
Total current assets 479,047 506,709
Property and equipment, net 220,354 186,785
Operating lease right-of-use assets, net 58,213 52,067
Goodwill 670,356 670,356
Intangible assets, net 21,232 25,771
Other assets 54,441 57,789
Total assets 1,503,643 1,499,477
Current liabilities:    
Accounts payable 20,124 17,612
Accrued expenses 52,937 70,669
Long-term debt, current 0 38,557
Operating lease liabilities, current 30,100 24,427
Deferred revenue 34,266 35,234
Other current liabilities 5,096 7,499
Total current liabilities 142,523 193,998
Long-term debt, net 323,958 323,282
Operating lease liabilities, non-current 44,234 43,921
Other long-term liabilities 2,111 8,698
Total liabilities 512,826 569,899
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Additional paid-in capital 2,141,909 2,044,103
Accumulated other comprehensive loss (493) (41)
Accumulated deficit (1,150,602) (1,114,487)
Total stockholders’ equity 990,817 929,578
Total liabilities and stockholders’ equity 1,503,643 1,499,477
Common Class A    
Stockholders’ equity:    
Common stock 3 3
Common Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0