v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities    
Net income (loss) $ 11,752 $ (9,912)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation and amortization 52,613 39,658
Non-cash reduction to the right-of-use asset 2,553 2,472
Amortization of debt discount and issuance costs 1,198 1,054
Stock-based compensation 39,089 38,448
Deferred taxes and other (7,290) (1,056)
Net gain on extinguishment of debt (13,246) (1,082)
Changes in operating assets and liabilities:    
Accounts receivable, net of allowance (27,067) (5,930)
Prepaid expenses and other assets (2,456) (4,767)
Accounts payable 104 5,630
Accrued expenses and other liabilities 20,989 (12,692)
Operating right-of-use liability (2,994) (946)
Net cash provided by operating activities 75,245 50,877
Cash flows from investing activities    
Purchase of property, plant and equipment (12,417) (17,188)
Capitalized software development costs (6,690) (8,218)
Purchase of marketable securities (7,409) (12,680)
Proceeds from sales and maturities of marketable securities 11,415 7,672
Proceeds from sale of business 0 361
Net cash used in investing activities (15,101) (30,053)
Cash flows from financing activities    
Borrowings on line of credit 148,700 28,500
Repayments on line of credit (148,700) (28,500)
Proceeds from issuance of convertible senior notes 316,250 0
Net cash paid for debt extinguishment (236,084) (26,144)
Purchase of capped call (21,821) 0
Repurchase of Class A common stock (29,978) 0
Payment of debt issuance costs (12,937) (25)
Value of equity awards withheld for tax liabilities and other (5,403) (2,907)
Net cash provided by (used in) financing activities 10,027 (29,076)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,645) (284)
Net increase (decrease) in cash, cash equivalents, and restricted cash 68,526 (8,536)
Cash, cash equivalents, and restricted cash, beginning of period 103,160 82,234
Cash, cash equivalents, and restricted cash, end of period 171,686 73,698
Reconciliation of cash, cash equivalents, and restricted cash, end of period    
Cash and cash equivalents 171,315 73,373
Restricted cash included in prepaid expenses and other current assets 371 325
Total cash, cash equivalents, and restricted cash, end of period 171,686 73,698
Supplemental disclosure of cash flow information    
Cash paid for (received from) interest 667 (367)
Cash paid for taxes, net 1,512 524
Right-of-use assets obtained in exchange for new operating lease liabilities 660 1,446
Supplemental disclosure of noncash investing and financing activities    
Purchase of property, plant and equipment, accrued but not paid 4,437 4,582
Purchase of property and equipment through lease incentive $ 0 $ 1,875