v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 93,270 $ 33,901
Short-term investments (Note 5) 28,794 20,698
Accounts receivable, net of allowance of $73 as of both June 30, 2026 and December 31, 2025 15,222 19,183
Prepaid expenses and other current assets 9,055 8,608
Total current assets 146,341 82,390
Property and equipment, net 5,968 3,872
Long-term investments (Note 5) 1,198 4,946
Equity method investment 0 2,989
Operating lease right-of-use assets 4,918 3,919
Intangibles, net 18,767 2,168
Goodwill 35,299 4,178
Other assets 12,222 10,569
TOTAL ASSETS 224,713 115,031
Current liabilities:    
Accounts payable 558 340
Accrued expenses and other current liabilities 30,442 19,094
Operating lease liabilities, current 1,466 1,233
Deferred revenue, current 59,577 51,367
Vendor financing arrangements, current 1,302 1,166
Total current liabilities 93,345 73,200
Deferred revenue, noncurrent 49,280 43,974
Operating lease liabilities, noncurrent 3,725 3,116
Vendor financing arrangements, noncurrent 2,193 452
Deferred income, noncurrent 5,867 6,452
Other liabilities 2,629 2,469
Total liabilities 157,039 129,663
Commitments and contingencies (Note 11)
Stockholders' equity (deficit):    
Preferred stock, par value of $0.001 - 10,000,000 shares authorized and no shares issued and outstanding as of both June 30, 2026 and December 31, 2025 0 0
Common stock, par value of $0.001 - 300,000,000 shares authorized as of both June 30, 2026 and December 31, 2025; 49,051,892 and 44,268,816 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 49 44
Additional paid-in capital 261,174 156,776
Accumulated other comprehensive income 106 179
Accumulated deficit (193,655) (171,631)
Total stockholders' equity (deficit) 67,674 (14,632)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 224,713 $ 115,031