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 loss $ (47,370) $ (106,172)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 38,631 45,768
Amortization of intangible assets 6,825 14,537
Non-cash lease expense 21,539 16,825
Amortization of debt discount and issuance costs 1,139 650
Amortization of deferred contract costs 14,252 14,566
Stock-based compensation 105,067 85,046
Deferred income taxes (4,748) 1,038
Provision for credit losses 3,239 3,230
Loss (gain) on disposals of property and equipment 401 (43)
Accretion of discounts and amortization of premiums, net (2,923) (3,287)
Impairment expense 1,013 415
Non-cash interest expense 3,875 3,875
Other adjustments (292) 103
Changes in operating assets and liabilities:    
Accounts receivable, net (562) 3,574
Prepaid expenses and other current assets (290) 811
Other assets (4,032) (12,991)
Accounts payable 4,806 3,280
Accrued expenses (4,335) (467)
Operating lease liabilities (21,323) (13,662)
Other liabilities (6,731) 14,914
Net cash provided by operating activities 108,181 72,010
Cash flows from investing activities:    
Purchases of marketable securities (319,603) (352,062)
Sales of marketable securities 0 18,128
Maturities of marketable securities 251,423 117,222
Purchases of property and equipment (63,608) (18,503)
Purchase of intangible assets (947) 0
Proceeds from sale of property and equipment 10 44
Capitalized internal-use software (11,729) (14,012)
Net cash used in investing activities (144,454) (249,183)
Cash flows from financing activities:    
Repayment of convertible senior notes (38,593) 0
Payments of other debt issuance costs (654) 0
Repayments of finance lease liabilities 0 (2,328)
Proceeds from exercise of vested stock options 1,314 758
Proceeds from employee stock purchase plan 7,164 5,477
Net cash (used in) provided by financing activities (30,769) 3,907
Effects of exchange rate changes on cash and cash equivalents (15) 222
Net decrease in cash and cash equivalents (67,057) (173,044)
Cash and cash equivalents at beginning of period 180,563 286,175
Cash and cash equivalents at end of period 113,506 113,131
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,963 5,771
Cash paid for income taxes, net of refunds received 528 1,103
Cash paid for finance lease interest 0 15
Noncash investing and financing activities:    
Property and equipment additions not yet paid in cash or financed 4,206 3,347
Capitalized stock-based compensation 4,954 5,599
Assets obtained in exchange for operating lease obligations 32,745 6,180
Net non-cash change in operating lease assets and liabilities associated with modifications and terminations 6,857 12,505
Deployments of prepaid capital equipment $ 0 $ 9,247