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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 334,686 $ 213,629
Short-term investments 187,025 169,544
Accounts receivable, net of allowance for credit losses of $1,833 and $951 at December 31, 2024 and December 31, 2023, respectively 168,242 164,862
Deferred contract acquisition and fulfillment costs, current portion 52,134 45,008
Prepaid expenses and other current assets 44,024 41,407
Total current assets 786,111 634,450
Long-term investments 37,274 56,171
Property and equipment, net 32,245 39,642
Operating lease right-of-use assets 48,877 54,693
Deferred contract acquisition and fulfillment costs, non-current portion 73,672 76,601
Goodwill 575,268 536,351
Intangible assets, net 85,719 94,546
Other assets 12,868 12,894
Total assets 1,652,034 1,505,348
Current liabilities:    
Accounts payable 18,908 15,812
Accrued expenses and other current liabilities 88,802 85,025
Convertible senior notes, current portion, net 45,895 0
Operating lease liabilities, current portion 15,493 13,452
Deferred revenue, current portion 461,118 455,503
Total current liabilities 630,216 569,792
Convertible senior notes non-current portion, net 888,356 929,996
Operating lease liabilities, non-current portion 68,430 81,130
Deferred revenue, non-current portion 27,078 32,577
Other long-term liabilities 20,243 10,032
Total liabilities 1,634,323 1,623,527
Stockholders’ equity (deficit):    
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at December 31, 2024 and 2023; 0 shares issued and outstanding at December 31, 2024 and 2023 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at December 31, 2024 and 2023; 64,067,220 and 62,283,630 shares issued at December 31, 2024 and 2023, respectively; 63,496,965 and 61,714,051 shares outstanding at December 31, 2024 and 2023, respectively 635 617
Treasury stock, at cost, 570,255 and 569,579 shares at December 31, 2024 and 2023, respectively (4,765) (4,765)
Additional paid-in-capital 1,011,080 898,185
Accumulated other comprehensive (loss) income (1,205) 1,344
Accumulated deficit (988,034) (1,013,560)
Total stockholders’ equity (deficit) 17,711 (118,179)
Total liabilities and stockholders’ equity (deficit) $ 1,652,034 $ 1,505,348