v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 113,506 $ 180,563
Marketable securities 251,712 181,196
Accounts receivable, net of allowance for credit losses of $6,020 and $6,262 as of September 30, 2026 and December 31, 2025, respectively 115,352 118,029
Prepaid expenses and other current assets 27,211 26,921
Total current assets 507,781 506,709
Property and equipment, net 223,358 186,785
Operating lease right-of-use assets, net 70,219 52,067
Goodwill 670,356 670,356
Intangible assets, net 19,893 25,771
Other assets 52,381 57,789
Total assets 1,543,988 1,499,477
Current liabilities:    
Accounts payable 17,314 17,612
Accrued expenses 62,880 70,669
Long-term debt, current 0 38,557
Operating lease liabilities, current 37,862 24,427
Deferred revenue 33,313 35,234
Other current liabilities 14,290 7,499
Total current liabilities 165,659 193,998
Long-term debt, net 324,297 323,282
Operating lease liabilities, non-current 48,380 43,921
Other long-term liabilities 2,079 8,698
Total liabilities 540,415 569,899
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Additional paid-in capital 2,166,056 2,044,103
Accumulated other comprehensive loss (629) (41)
Accumulated deficit (1,161,857) (1,114,487)
Total stockholders’ equity 1,003,573 929,578
Total liabilities and stockholders’ equity 1,543,988 1,499,477
Common Class A    
Stockholders’ equity:    
Common stock 3 3
Common Class B    
Stockholders’ equity:    
Common stock $ 0 $ 0