v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities    
Net loss $ (36,142) $ (54,034)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 8,965 8,153
Amortization of intangible assets 20,655 17,776
Amortization of right-of-use lease assets 3,435 3,188
Deferred income tax benefit 0 (7)
Loss on disposal of fixed assets 419 31
Stock-based compensation 65,782 45,918
Unrealized foreign currency loss (gain) 1,291 (2,267)
Amortization of premium on short-term investments (621) (2,697)
Other liabilities 1,372 1,128
Allowance for doubtful accounts 2,536 7,069
Resolution agreement liability 14,100 0
Provision for excess and obsolete inventory 1,285 0
Changes in operating assets and liabilities:    
Accounts receivable (41,860) (42,776)
Inventory 533 (3,740)
Prepaid expenses and other current assets (10,663) (5,771)
Accounts payable and accrued liabilities 11,712 7,686
Other assets (1,932) (1,289)
Net cash provided by (used in) operating activities 40,867 (21,632)
Investing activities    
Purchases of short-term investments (119,398) (192,131)
Proceeds from sales and maturities of short-term investments 132,316 168,954
Purchases of property and equipment (8,776) (4,752)
Investment in company-owned life insurance (4,485) (4,000)
Cash paid for acquisitions, net of cash acquired 0 (12,437)
Purchase of real estate property 0 (16,607)
Other investing activities 0 (750)
Net cash used in investing activities (343) (61,723)
Financing activities    
Proceeds from exercise of stock options 33,590 10,537
Proceeds from share purchases under Employee Stock Purchase Plan 7,813 7,686
Payment of employee taxes related to vested restricted stock units (8,412) (7,943)
Payment of contingent consideration (551) 0
Principal paid on finance lease (995) (821)
Net cash provided by financing activities 31,445 9,459
Effect of exchange rate changes on cash and cash equivalents (1,174) 1,617
Net increase (decrease) in cash, cash equivalents and restricted cash 70,795 (72,279)
Cash, cash equivalents and restricted cash at beginning of period 94,647 174,359
Cash, cash equivalents and restricted cash at end of period 165,442 102,080
Supplemental disclosures of cash flow information    
Taxes paid, net of refunds 1,236 684
Other interest paid 3,477 3,164
Supplemental schedule of noncash investing and financing activities    
Contingent consideration acquired 0 7,700
Purchases of property and equipment included in accounts payable and accrued liabilities $ 1,671 $ 838