v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 286,224 $ 207,995
Short-term marketable securities 103,167 155,867
Accounts receivable, net of allowance for credit losses of $6,706 and $6,092 as of June 30, 2026 and December 31, 2025, respectively 125,432 66,061
Deferred commissions 43,440 31,344
Inventory 16,769 15,636
Prepaid expenses and other current assets 68,321 57,001
Total current assets 643,353 533,904
Long-term marketable securities 84,742 113,172
Goodwill 64,096 64,096
Intangible assets, net 2,063 2,512
Property, equipment and software, net 12,745 10,490
Operating lease right-of-use assets 5,027 6,861
Other assets 15,372 13,726
Total assets 827,398 744,761
Current liabilities:    
Accounts payable and accrued liabilities 60,719 57,331
Operating lease liabilities 4,254 4,223
Deferred revenue 416,466 300,855
Total current liabilities 481,439 362,409
Operating lease liabilities, noncurrent 1,631 3,816
Total liabilities 483,070 366,225
Commitments and contingencies (Note 6)
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock, $0.00001 par value; 4,330,341 shares of Series E authorized as of June 30, 2026 and December 31, 2025; 0 shares and 2,581,837 shares of Series E preferred stock issued and outstanding as of June 30, 2026 and December 31, 2025, respectively; aggregate liquidation preference of $0 and $200,000 as of June 30, 2026 and December 31, 2025, respectively 0 199,874
Stockholders’ equity:    
Additional paid-in capital 1,316,870 1,229,678
Accumulated other comprehensive loss (364) (20)
Accumulated deficit (972,178) (1,050,996)
Total stockholders’ equity 344,328 178,662
Total liabilities, redeemable convertible preferred stock and stockholders’ equity 827,398 744,761
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 0 0
Class B Common Stock    
Stockholders’ equity:    
Common stock, value $ 0 $ 0