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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 161,963 $ 183,237
Accounts receivable, net of allowances of $6,147 and $8,627 as of June 30, 2025 and December 31, 2024, respectively 23,505 28,737
Prepaid expenses and other current assets (Note 1) 45,331 19,250
Total current assets 230,799 231,224
Property and equipment, net (Note 6) 95,904 100,557
Contract acquisition costs, net 30,296 33,559
Intangible assets, net (Note 5) 15,547 15,070
Goodwill, net (Note 5) 226,669 222,554
Deferred tax assets, net 4,476 4,411
Other assets 523 403
Total assets 604,214 607,778
Current liabilities:    
Accounts payable 11,903 15,378
Accrued expenses and other current liabilities (Note 7) 71,554 66,582
Deferred revenue (Note 2) 57,154 57,980
Total current liabilities 140,611 139,940
Convertible senior notes (Note 8) 537,866 527,070
Deferred tax liabilities 3,702 3,542
Other liabilities 4,447 4,542
Total liabilities 686,626 675,094
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value - 5,000,000 shares authorized, none issued 0 0
Common stock, $0.001 par value - 200,000,000 shares authorized, 99,375,467 and 93,956,738 shares issued, 96,609,394 and 91,190,665 shares outstanding as of June 30, 2025 and December 31, 2024, respectively. 99 94
Treasury stock - 2,766,073 shares at June 30, 2025 and December 31, 2024 (3) (3)
Additional paid-in capital 945,524 936,047
Accumulated deficit (1,021,104) (991,261)
Accumulated other comprehensive loss (6,928) (12,193)
Total stockholders’ equity (82,412) (67,316)
Total liabilities and stockholders’ equity $ 604,214 $ 607,778