v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 121,111 $ 135,810
Short-term investments and marketable securities 46,755 51,415
Accounts receivable, net of allowance of $3,416 and $3,362, respectively 171,162 255,063
Deferred commissions, current 38,026 35,166
Prepaid expenses and other current assets 32,952 41,970
Total current assets 410,006 519,424
Property and equipment, net of accumulated depreciation of $42,933 and $40,747, respectively 30,667 32,087
Goodwill 27,973 28,811
Intangible assets, net of accumulated amortization of $7,710 and $7,301, respectively 588 1,246
Right-of-use assets for operating leases 30,437 28,075
Deferred commissions, net of current portion 67,376 65,199
Deferred tax assets 4,857 4,850
Other assets 13,809 11,703
Total assets 585,713 691,395
Current liabilities    
Accounts payable 8,077 6,655
Accrued expenses 21,662 18,483
Accrued compensation and related benefits 43,035 61,781
Deferred revenue 314,263 341,281
Debt 9,598 9,598
Operating lease liabilities 14,171 13,181
Other current liabilities 1,012 1,128
Total current liabilities 411,818 452,107
Long-term debt 226,429 231,228
Non-current operating lease liabilities 45,128 45,693
Deferred revenue, non-current 7,208 8,962
Other non-current liabilities 311 398
Total liabilities 690,894 738,388
Stockholders’ deficit    
Treasury stock at cost, 2,795,084 and 542,288 shares as of June 30, 2026 and December 31, 2025, respectively (70,391) (16,935)
Additional paid-in capital 623,090 617,318
Accumulated other comprehensive loss (33,624) (36,462)
Accumulated deficit (624,263) (610,921)
Total stockholders’ deficit (105,181) (46,993)
Total liabilities and stockholders’ deficit 585,713 691,395
Class A Common Stock    
Stockholders’ deficit    
Common stock 4 4
Class B Common Stock    
Stockholders’ deficit    
Common stock $ 3 $ 3