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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 199,231 $ 185,585
Marketable securities 571,630 343,383
Short-term deposits 36,587 39,450
Trade receivables (net of allowances of $2,014 and $2,518 at June 30, 2025 and December 31, 2024, respectively) 149,703 192,832
Prepaid expenses and other short-term assets 111,212 116,824
Total current assets 1,068,363 878,074
Long-term assets:    
Long-term marketable securities 364,203 658,896
Operating lease right-of-use assets 41,743 45,593
Property and equipment, net 33,088 30,795
Intangible assets, net 5,844 0
Goodwill 39,750 23,135
Other assets 62,021 27,782
Total long-term assets 546,649 786,201
Total assets 1,615,012 1,664,275
Current liabilities:    
Trade payables 7,115 4,313
Accrued expenses and other short-term liabilities 190,344 164,930
Convertible senior notes, net 251,148 250,529
Deferred revenues 322,791 290,113
Total current liabilities 771,398 709,885
Long-term liabilities:    
Convertible senior notes, net 451,247 450,243
Operating lease liabilities 39,865 42,789
Deferred revenues 108 2,211
Other liabilities 10,895 3,491
Total long-term liabilities 502,115 498,734
Stockholders’ equity:    
Common stock of $0.001 par value - Authorized: 200,000,000 shares at June 30, 2025 and December 31, 2024; Issued and outstanding: 112,047,109 shares at June 30, 2025 and 112,550,156 shares at December 31, 2024 112 113
Accumulated other comprehensive income 14,497 2,676
Additional paid-in capital 1,138,652 1,193,022
Accumulated deficit (811,762) (740,155)
Total stockholders’ equity 341,499 455,656
Total liabilities and stockholders’ equity $ 1,615,012 $ 1,664,275