v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net loss $ (39,705) $ (37,538)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,779 4,343
Stock-based compensation 31,574 9,353
Provision for deferred taxes 128 50
Noncash operating lease expense 6,101 4,073
Revaluation of warrants liability 0 (2,273)
Revaluation of convertible notes' embedded derivative feature 0 4,095
Amortization of convertible notes' discount 0 3,328
Changes in operating assets and liabilities:    
Accounts receivable (23,641) (6,254)
Prepaid expenses and other assets (441) (1,279)
Accounts payable 1,640 2,820
Accrued expenses and other current liabilities (1,913) 2,393
Operating lease liabilities (5,853) (4,174)
Deferred revenue (4,607) (2,585)
Accrued compensation and benefits (88) (302)
Insurance payables 184 2,066
Net cash used in operating activities (31,842) (21,884)
Investing activities:    
Purchase of property and equipment (678) (983)
Capitalized internal-use software (4,007) (2,118)
Acquisitions—net of cash acquired 279 0
Net cash used in investing activities (4,406) (3,101)
Financing activities:    
Proceeds from issuance of Series E convertible preferred stock upon exercise of warrants 0 20,000
Repayment of line of credit 0 (5,000)
Proceeds from issuance of convertible notes 0 7,500
Proceeds from exercise of stock options 1,691 2,054
Payment of issuance fees 0 (322)
Net cash provided by financing activities 1,691 24,232
Effect of foreign exchange on cash, cash equivalents, and restricted cash and cash equivalents (312) 1,065
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents (34,869) 312
Cash, cash equivalents, and restricted cash and cash equivalents—beginning of period 372,085 78,989
Cash, cash equivalents, and restricted cash and cash equivalents—end of period 337,216 79,301
Supplemental disclosures of noncash investing and financing activities:    
Reclassification of warrants liability to convertible preferred stock upon exercise 0 4,947
Allocation of proceeds from issuance of convertible notes to embedded derivative feature 0 (1,981)
Supplemental disclosures of cash flow information:    
Cash paid for interest 410 1,438
Cash paid for income taxes $ 794 $ 918