v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities    
Net income (loss) $ 8,875 $ (17,937)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation and amortization 4,770 4,044
Share-based compensation 15,691 9,210
Loss on debt extinguishment 0 2,109
Loss on disposal of property and equipment 54 2
Amortization of debt issuance costs 0 285
Non-cash operating lease expense 0 447
Change in fair value of warrant liabilities 0 1,468
Provision for credit losses [1] 2,316 1,485
Amortization of deferred commissions 2,898 2,467
Changes in operating assets and liabilities    
Accounts receivable [2] (15,924) (19,514)
Inventory (394) 148
Prepaid expenses and other current assets [3] (6,599) (1,570)
Deferred commissions (3,583) (2,319)
Other non-current assets (252) 181
Accounts payable [4] (2,083) 1,373
Operating lease liabilities 0 (415)
Accrued expenses and other current liabilities [5] 767 7,782
Deferred revenue [6] 777 7,627
Net cash provided by (used in) operating activities 7,313 (3,127)
Investing activities    
Purchases of property and equipment (342) (1,123)
Capitalized internal-use software costs (4,512) (3,363)
Net cash used in investing activities (4,854) (4,486)
Financing activities    
Proceeds from exercise of stock options 19,984 5,993
Taxes paid related to net share settlement of equity awards (1,328) 0
Payment of deferred offering costs 0 (4,284)
Repayment of debt principal 0 (30,963)
Payment of debt extinguishment costs 0 (1,430)
Proceeds from initial public offering, net of underwriting discounts and commissions 0 160,532
Net cash provided by financing activities 18,656 129,848
Net increase in cash and cash equivalents 21,115 122,235
Cash and cash equivalents at beginning of period 222,036 76,392
Cash and cash equivalents at end of period 243,151 198,627
Supplemental disclosure of cash flow information    
Interest 30 2,420
Supplemental disclosure of noncash investing and financing activities    
Share-based compensation expense capitalized in internal-use software 257 129
Unpaid property and equipment included in accounts payable 208 0
Conversion of redeemable convertible preferred stock in connection with initial public offering 0 452,113
Series B Redeemable Convertible Preferred Stock    
Supplemental disclosure of noncash investing and financing activities    
Net share settlement of redeemable convertible preferred stock warrant liability in connection with convertible preferred stock warrant exercise 0 493
Series D Redeemable Convertible Preferred Stock    
Supplemental disclosure of noncash investing and financing activities    
Net share settlement of redeemable convertible preferred stock warrant liability in connection with convertible preferred stock warrant exercise 0 3,227
Common Stock    
Supplemental disclosure of noncash investing and financing activities    
Net share settlement of redeemable convertible preferred stock warrant liability in connection with convertible preferred stock warrant exercise $ 0 $ 647
[1] Includes changes in related party balances of $1.4 million and $0.5 million for the nine months ended September 30, 2026 and 2025, respectively.
[2] Includes changes in related party balances of $7.7 million and $15.6 million for the nine months ended September 30, 2026 and 2025, respectively.
[3] Includes changes in related party balances of less than $0.1 million and $0 for the nine months ended September 30, 2026 and 2025, respectively.
[4] Includes changes in related party balances of $0.1 million and $0 for the nine months ended September 30, 2026 and 2025, respectively.
[5] Includes changes in related party balances of $0.7 million and $3.0 million for the nine months ended September 30, 2026 and 2025, respectively.
[6] Includes changes in related party balances of $0.4 million and $7.1 million for the nine months ended September 30, 2026 and 2025, respectively.