XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 157,354 $ 185,585
Marketable securities 513,935 343,383
Short-term deposits 36,632 39,450
Trade receivables (net of allowances of $2,332 and $2,518 at September 30, 2025 and December 31, 2024, respectively) 142,628 192,832
Prepaid expenses and other short-term assets 110,837 116,824
Total current assets 961,386 878,074
Long-term assets:    
Long-term marketable securities 395,651 658,896
Operating lease right-of-use assets 59,159 45,593
Property and equipment, net 34,740 30,795
Intangible assets, net 17,332 0
Goodwill 135,176 23,135
Other assets 61,562 27,782
Total long-term assets 703,620 786,201
Total assets 1,665,006 1,664,275
Current liabilities:    
Trade payables 5,261 4,313
Accrued expenses and other short-term liabilities 193,074 164,930
Convertible senior notes, net 0 250,529
Deferred revenues 333,578 290,113
Total current liabilities 531,913 709,885
Long-term liabilities:    
Convertible senior notes, net 451,754 450,243
Operating lease liabilities 59,921 42,789
Deferred revenues 7,930 2,211
Other liabilities 8,653 3,491
Total long-term liabilities 528,258 498,734
Stockholders’ equity:    
Common stock of $0.001 par value - Authorized: 200,000,000 shares at September 30, 2025 and December 31, 2024; Issued and outstanding: 117,897,308 shares at September 30, 2025 and 112,550,156 shares at December 31, 2024 118 113
Accumulated other comprehensive income 18,382 2,676
Additional paid-in capital 1,428,039 1,193,022
Accumulated deficit (841,704) (740,155)
Total stockholders’ equity 604,835 455,656
Total liabilities and stockholders’ equity $ 1,665,006 $ 1,664,275