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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 202,482 $ 185,585
Marketable securities 681,225 343,383
Short-term deposits 37,259 39,450
Trade receivables (net of allowance of $1,260 and $2,518 at December 31, 2025 and December 31, 2024, respectively) 242,822 192,832
Prepaid expenses and other short-term assets 134,767 116,824
Total current assets 1,298,555 878,074
Long-term assets:    
Long-term marketable securities 187,202 658,896
Operating lease right-of-use assets 57,677 45,593
Property and equipment, net 36,032 30,795
Intangible assets, net 16,687 0
Goodwill 135,276 23,135
Other assets 60,183 27,782
Total long-term assets 493,057 786,201
Total assets 1,791,612 1,664,275
Current liabilities:    
Trade payables 5,735 4,313
Accrued expenses and other short-term liabilities 225,411 164,930
Convertible senior notes, net 0 250,529
Deferred revenues 427,811 290,113
Total current liabilities 658,957 709,885
Long-term liabilities:    
Convertible senior notes, net 452,259 450,243
Operating lease liabilities 59,749 42,789
Deferred revenues 14,406 2,211
Other liabilities 7,585 3,491
Total long-term liabilities 533,999 498,734
Stockholders’ equity:    
Common stock of $0.001 par value - Authorized: 200,000,000 shares at December 31, 2025 and December 31, 2024; Issued and outstanding: 117,546,852 shares at December 31, 2025 and 112,550,156 shares at December 31, 2024 118 113
Accumulated other comprehensive income 23,132 2,676
Additional paid-in capital 1,444,885 1,193,022
Accumulated deficit (869,479) (740,155)
Total stockholders’ equity 598,656 455,656
Total liabilities and stockholders’ equity $ 1,791,612 $ 1,664,275