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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ 1,233 $ (92,262) $ (111,441)
Adjustments to reconcile net income (loss) to net cash provided by (used by) operating activities:      
Stock-based compensation 41,540 39,045 43,387
Depreciation expense and amortization of intangible assets 9,706 10,030 9,473
Lease impairment charges 779 5,462 0
Bad debt expense 1,232 1,760 1,091
Amortization of debt issuance costs 600 589 444
Benefit for deferred income taxes (349) (899) (1,541)
Foreign currency transaction losses (gains), net (21,732) 16,745 (12,263)
Changes in assets and liabilities:      
Accounts receivable (51,673) (28,353) (1,868)
Prepaid expenses and other assets 15,316 16,551 (54,753)
Deferred commissions (3,195) (3,144) (8,043)
Accounts payable and accrued expenses 9,269 (871) (1,394)
Accrued compensation and related benefits 19,993 (2,947) (3,157)
Other current and non-current liabilities (3,489) (1,478) (1,134)
Deferred revenue 47,200 49,309 28,668
Operating lease assets and liabilities (3,556) (2,659) 2,089
Net cash provided by (used by) operating activities 62,874 6,878 (110,442)
Cash flows from investing activities:      
Proceeds from maturities of investments 52,540 20,038 91,670
Purchases of investments (62,048) (51,630) (53,443)
Purchases of property and equipment (3,318) (3,798) (9,637)
Net cash (used by) provided by investing activities (12,826) (35,390) 28,590
Cash flows from financing activities:      
Proceeds from borrowings 0 50,000 92,000
Payments for debt issuance costs 0 (463) (276)
Debt repayments (10,000) (6,250) (3,563)
Repurchase of common stock (20,000) (50,019) 0
Payments for employee taxes related to the net share settlement of equity awards (7,396) (7,987) (9,748)
Proceeds from exercise of common stock options 1,118 14,461 752
Net cash (used by) provided by financing activities (36,278) (258) 79,165
Effect of foreign exchange rate changes on cash and cash equivalents 3,488 (2,029) 1,657
Net increase (decrease) in cash and cash equivalents 17,258 (30,799) (1,030)
Cash and cash equivalents at beginning of period 118,552 149,351 150,381
Cash and cash equivalents at end of period 135,810 118,552 149,351
Supplemental cash flow information:      
Cash paid for interest 19,644 22,574 16,906
Cash paid for income taxes 5,120 3,334 3,999
Supplemental non-cash investing and financing information:      
Accrued capital expenditures $ 87 $ 155 $ 654