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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Revenue $ 148,068 $ 122,308 $ 392,436 $ 345,061
Cost of revenues 24,007 17,381 67,792 52,404
Gross profit 124,061 104,927 324,644 292,657
Operating expenses:        
Research and development 53,459 44,818 146,219 135,694
Sales and marketing 71,378 68,610 212,646 207,324
General and administrative 22,864 20,646 65,878 61,618
Total operating expenses 147,701 134,074 424,743 404,636
Operating loss (23,640) (29,147) (100,099) (111,979)
Financial income, net 10,245 8,634 27,039 24,872
Loss before income taxes (13,395) (20,513) (73,060) (87,107)
Income taxes (4,938) (2,504) (9,711) (12,911)
Net loss $ (18,333) $ (23,017) $ (82,771) $ (100,018)
Net loss per share of common stock, basic (in dollars per share) $ (0.16) $ (0.21) $ (0.74) $ (0.92)
Net loss per share of common stock, diluted (in dollars per share) $ (0.16) $ (0.21) $ (0.74) $ (0.92)
Weighted average number of shares used in computing net loss per share of common stock, basic (in shares) 112,268,210 109,429,722 111,382,582 109,187,063
Weighted average number of shares used in computing net loss per share of common stock, diluted (in shares) 112,268,210 109,429,722 111,382,582 109,187,063
Term license subscriptions        
Revenues:        
Revenue $ 68,751 $ 83,963 $ 187,460 $ 250,306
SaaS        
Revenues:        
Revenue 57,805 13,716 136,575 21,437
Maintenance and services        
Revenues:        
Revenue $ 21,512 $ 24,629 $ 68,401 $ 73,318