v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2024   66,264      
Beginning balance at Dec. 31, 2024 $ 263,098 $ 66 $ 1,312,804 $ (1,947) $ (1,047,825)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   68      
Exercise of stock options 917   917    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   990      
Vesting of restricted stock units, net of shares withheld for taxes (13,322) $ 1 (13,323)    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   451      
Issuance of common stock under Employee Stock Purchase Plan 7,195 $ 1 7,194    
Stock-based compensation expense 72,083   72,083    
Unrealized gain (loss) on short-term investments 566     566  
Unrealized gain (loss) on cash flow hedges (78)     (78)  
Foreign currency translation gains (losses) 6,627     6,627  
Net loss (204,121)       (204,121)
Ending balance (in shares) at Sep. 30, 2025   67,773      
Ending Balance at Sep. 30, 2025 132,965 $ 68 1,379,675 5,168 (1,251,946)
Beginning balance (in shares) at Jun. 30, 2025   67,531      
Beginning balance at Jun. 30, 2025 133,283 $ 68 1,360,251 3,745 (1,230,781)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   15      
Exercise of stock options 46   46    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   227      
Vesting of restricted stock units, net of shares withheld for taxes (1,616) $ 0 (1,616)    
Stock-based compensation expense 20,994   20,994    
Unrealized gain (loss) on short-term investments 241     241  
Unrealized gain (loss) on cash flow hedges 534     534  
Foreign currency translation gains (losses) 648     648  
Net loss (21,165)       (21,165)
Ending balance (in shares) at Sep. 30, 2025   67,773      
Ending Balance at Sep. 30, 2025 132,965 $ 68 1,379,675 5,168 (1,251,946)
Beginning balance (in shares) at Dec. 31, 2025   68,291      
Beginning balance at Dec. 31, 2025 155,170 $ 68 1,402,044 5,593 (1,252,535)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   53      
Exercise of stock options 886   886    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   872      
Vesting of restricted stock units, net of shares withheld for taxes (8,854) $ 1 (8,855)    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   541      
Issuance of common stock under Employee Stock Purchase Plan 5,894 $ 1 5,893    
Stock-based compensation expense 46,584   46,584    
Purchase of capped call options related to convertible notes due 2032 (15,300)   (15,300)    
Unrealized gain (loss) on short-term investments (2,908)     (2,908)  
Unrealized gain (loss) on cash flow hedges 2,495     2,495  
Foreign currency translation gains (losses) (234)     (234)  
Net loss (48,646)       (48,646)
Ending balance (in shares) at Sep. 30, 2026   69,757      
Ending Balance at Sep. 30, 2026 135,087 $ 70 1,431,252 4,946 (1,301,181)
Beginning balance (in shares) at Jun. 30, 2026   69,540      
Beginning balance at Jun. 30, 2026 130,388 $ 70 1,418,011 6,403 (1,294,096)
Increase (Decrease) in Stockholders' Equity          
Exercise of stock options (in shares)   10      
Exercise of stock options 147   147    
Vesting of restricted stock units, net of shares withheld for taxes (in shares)   207      
Vesting of restricted stock units, net of shares withheld for taxes (2,679) $ 0 (2,679)    
Stock-based compensation expense 15,773   15,773    
Unrealized gain (loss) on short-term investments (1,190)     (1,190)  
Unrealized gain (loss) on cash flow hedges 77     77  
Foreign currency translation gains (losses) (344)     (344)  
Net loss (7,085)       (7,085)
Ending balance (in shares) at Sep. 30, 2026   69,757      
Ending Balance at Sep. 30, 2026 $ 135,087 $ 70 $ 1,431,252 $ 4,946 $ (1,301,181)