v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024   66,264      
Beginning balance at Dec. 31, 2024 $ 263,098 $ 66 $ 1,312,804 $ (1,947) $ (1,047,825)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   53      
Exercise of stock options 871   871    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   763      
Vesting of restricted stock units, net of shares withheld for taxes (11,707) $ 1 (11,708)    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   451      
Issuance of common stock under Employee Stock Purchase Plan 7,195 $ 1 7,194    
Stock-based compensation expense 51,090   51,090    
Unrealized gain (loss) on short-term investments 325     325  
Unrealized gain (loss) on cash flow hedges (612)     (612)  
Foreign currency translation gains 5,979     5,979  
Net loss (182,956)       (182,956)
Ending balance (in shares) at Jun. 30, 2025   67,531      
Ending Balance at Jun. 30, 2025 133,283 $ 68 1,360,251 3,745 (1,230,781)
Beginning balance (in shares) at Mar. 31, 2025   66,568      
Beginning balance at Mar. 31, 2025 155,292 $ 67 1,333,531 75 (1,178,381)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   10      
Exercise of stock options 171   171    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   502      
Vesting of restricted stock units, net of shares withheld for taxes (6,319) $ 1 (6,320)    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   451      
Issuance of common stock under Employee Stock Purchase Plan 7,194   7,194    
Stock-based compensation expense 25,675   25,675    
Unrealized gain (loss) on short-term investments (98)     (98)  
Unrealized gain (loss) on cash flow hedges (612)     (612)  
Foreign currency translation gains 4,380     4,380  
Net loss (52,400)       (52,400)
Ending balance (in shares) at Jun. 30, 2025   67,531      
Ending Balance at Jun. 30, 2025 133,283 $ 68 1,360,251 3,745 (1,230,781)
Beginning balance (in shares) at Dec. 31, 2025   68,291      
Beginning balance at Dec. 31, 2025 155,170 $ 68 1,402,044 5,593 (1,252,535)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   43      
Exercise of stock options 739   739    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   665      
Vesting of restricted stock units, net of shares withheld for taxes (6,175) $ 1 (6,176)    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   541      
Issuance of common stock under Employee Stock Purchase Plan 5,894 $ 1 5,893    
Stock-based compensation expense 30,811   30,811    
Purchase of capped call options related to convertible notes due 2029 (15,300)   (15,300)    
Unrealized gain (loss) on short-term investments (1,719)     (1,719)  
Unrealized gain (loss) on cash flow hedges 2,418     2,418  
Foreign currency translation gains 111     111  
Net loss (41,561)       (41,561)
Ending balance (in shares) at Jun. 30, 2026   69,540      
Ending Balance at Jun. 30, 2026 130,388 $ 70 1,418,011 6,403 (1,294,096)
Beginning balance (in shares) at Mar. 31, 2026   68,504      
Beginning balance at Mar. 31, 2026 132,403 $ 69 1,400,218 5,044 (1,272,928)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   2      
Exercise of stock options 29   29    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   493      
Vesting of restricted stock units, net of shares withheld for taxes (3,769) $ 0 (3,769)    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   541      
Issuance of common stock under Employee Stock Purchase Plan 5,894 $ 1 5,893    
Stock-based compensation expense 15,640   15,640    
Unrealized gain (loss) on short-term investments (692)     (692)  
Unrealized gain (loss) on cash flow hedges 716     716  
Foreign currency translation gains 1,335     1,335  
Net loss (21,168)       (21,168)
Ending balance (in shares) at Jun. 30, 2026   69,540      
Ending Balance at Jun. 30, 2026 $ 130,388 $ 70 $ 1,418,011 $ 6,403 $ (1,294,096)