Financial Statement Components

9 Months Ended

Sep. 30, 2026

3. Financial Statement Components

Accounts receivable, net of allowance consists of the following:



	As of September 30,		As of December 31,
	2026		2025

	(In thousands)
Trade accounts receivable	$	47,142	$	34,322
Unbilled accounts receivable	71,337		57,400
Allowance for expected credit losses	(723)		(537)
Other accounts receivable	382		224
Total accounts receivable, net	$	118,138	$	91,409

Components of the allowance for expected credit losses are as follows:


	Three months ended September 30,				Nine months ended September 30,
	2026		2025		2026		2025

	(In thousands)
Balance, beginning of period	$	(646)	$	(2,062)	$	(537)	$	(2,172)
Charged to credit loss expense, net of reversals	(200)		(24)		(458)		(974)
Deductions (1)	123		1,663		270		2,869
Impact of foreign currency translation	—		(2)		2		(148)
Balance, end of period	$	(723)	$	(425)	$	(723)	$	(425)

________________________

(1) Write-off of uncollectible accounts after exhaustion of collection efforts.

Accrued expenses and other current liabilities consisted of the following:



	As of September 30,		As of December 31,
	2026		2025

	(In thousands)
Accrued expense	$	80,690	$	60,808
Accrued compensation and benefits	17,349		20,405
Accrued sales, use, VAT and telecommunications related taxes	6,346		4,421




Customer deposits	2,853		4,320
Other accrued expenses	1,577		1,197
Total accrued expenses and other current liabilities	$	108,815	$	91,151