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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Revenue $ 152,163 $ 130,346 $ 288,586 $ 244,368
Cost of revenues 31,249 22,436 60,267 43,785
Gross profit 120,914 107,910 228,319 200,583
Operating expenses:        
Research and development 56,247 44,933 110,457 92,760
Sales and marketing 76,578 70,041 149,341 141,268
General and administrative 24,641 21,762 48,839 43,014
Total operating expenses 157,466 136,736 308,637 277,042
Operating loss (36,552) (28,826) (80,318) (76,459)
Financial income, net 4,967 8,249 16,918 16,794
Loss before income taxes (31,585) (20,577) (63,400) (59,665)
Income taxes (4,239) (3,371) (8,207) (4,773)
Net loss $ (35,824) $ (23,948) $ (71,607) $ (64,438)
Net loss per share of common stock, basic (in dollars per share) $ (0.32) $ (0.21) $ (0.64) $ (0.58)
Net loss per share of common stock, diluted (in dollars per share) $ (0.32) $ (0.21) $ (0.64) $ (0.58)
Weighted average number of shares used in computing net loss per share of common stock, basic (in shares) 112,054,715 111,885,305 112,347,961 110,934,149
Weighted average number of shares used in computing net loss per share of common stock, diluted (in shares) 112,054,715 111,885,305 112,347,961 110,934,149
SaaS        
Revenues:        
Revenue $ 105,895 $ 44,785 $ 194,455 $ 78,770
Term license subscriptions        
Revenues:        
Revenue 32,374 62,729 63,862 118,709
Maintenance and services        
Revenues:        
Revenue $ 13,894 $ 22,832 $ 30,269 $ 46,889