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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 153,107 $ 185,585
Marketable securities 414,524 343,383
Short-term deposits 41,588 39,450
Trade receivables (net of allowances of $2,336 and $2,518 at March 31, 2025 and December 31, 2024, respectively) 123,579 192,832
Prepaid expenses and other short-term assets 85,292 116,824
Total current assets 818,090 878,074
Long-term assets:    
Long-term marketable securities 591,702 658,896
Operating lease right-of-use assets 43,535 45,593
Property and equipment, net 31,078 30,795
Intangible assets, net 6,014 0
Goodwill 39,750 23,135
Other assets 46,925 27,782
Total long-term assets 759,004 786,201
Total assets 1,577,094 1,664,275
Current liabilities:    
Trade payables 6,274 4,313
Accrued expenses and other short-term liabilities 156,780 164,930
Convertible senior notes, net 250,912 250,529
Deferred revenues 296,142 290,113
Total current liabilities 710,108 709,885
Long-term liabilities:    
Convertible senior notes, net 450,746 450,243
Operating lease liabilities 40,559 42,789
Deferred revenues 126 2,211
Other liabilities 7,812 3,491
Total long-term liabilities 499,243 498,734
Stockholders’ equity:    
Common stock of $0.001 par value - Authorized: 200,000,000 shares at March 31, 2025 and December 31, 2024; Issued and outstanding: 112,882,608 shares at March 31, 2025 and 112,550,156 shares at December 31, 2024 113 113
Accumulated other comprehensive income (loss) (1,162) 2,676
Additional paid-in capital 1,144,730 1,193,022
Accumulated deficit (775,938) (740,155)
Total stockholders’ equity 367,743 455,656
Total liabilities and stockholders’ equity $ 1,577,094 $ 1,664,275