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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 132,564 $ 242,811
Accounts receivable, net 384,100 386,252
Deferred and prepaid sales commission costs 167,304 182,615
Prepaid expenses and other current assets 81,190 59,444
Total current assets 765,158 871,122
Property and equipment, net 186,570 180,650
Operating lease right-of-use assets 30,855 46,463
Deferred and prepaid sales commission costs, non-current 252,504 325,198
Goodwill 97,792 82,986
Acquired intangibles, net 135,410 258,526
Other assets 13,166 14,928
Total assets 1,481,455 1,779,873
Current liabilities    
Accounts payable 27,677 21,866
Accrued liabilities 297,633 283,799
Current portion of long-term debt, net 624,216 181,252
Deferred revenue 269,122 261,882
Total current liabilities 1,218,648 748,799
Long-term debt, net 629,580 1,347,881
Operating lease liabilities 14,372 29,733
Other long-term liabilities 7,525 4,930
Total liabilities 1,870,125 2,131,343
Commitments and contingencies (Note 10)
Stockholders’ deficit    
Additional paid-in capital 1,123,447 1,215,377
Accumulated other comprehensive income (loss) 2,458 (8,881)
Accumulated deficit (1,714,033) (1,757,424)
Total stockholders’ deficit (588,119) (550,919)
Total liabilities, temporary equity and stockholders’ deficit 1,481,455 1,779,873
Series A convertible preferred stock    
Current liabilities    
Series A convertible preferred stock, $0.0001 par value; 200 shares authorized at December 31, 2025 and 2024; 200 shares issued and outstanding at December 31, 2025 and 2024 199,449 199,449
Class A common stock    
Stockholders’ deficit    
Common stock 8 8
Class B common stock    
Stockholders’ deficit    
Common stock $ 1 $ 1