Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Reconciliation of Cash and Cash Equivalents

The following table reconciles cash, cash equivalents and restricted cash per the Condensed Consolidated Statements of Cash Flows:

	March 31,
	2023		2022
Cash and cash equivalents	$	20,872	$	464,836
Restricted cash included in Prepaid expenses and other current assets(1)	9,100		—
Restricted cash(2)	1,747		2,038
Total cash, cash equivalents and restricted cash	$	31,719	$	466,874

___________________

(1)Includes contingent compensation deposits related to the Cloudways acquisition.

(2)Includes deposits in financial institutions related to letters of credit used to secure lease agreements.

Reconciliation of Restricted Cash

The following table reconciles cash, cash equivalents and restricted cash per the Condensed Consolidated Statements of Cash Flows:

	March 31,
	2023		2022
Cash and cash equivalents	$	20,872	$	464,836
Restricted cash included in Prepaid expenses and other current assets(1)	9,100		—
Restricted cash(2)	1,747		2,038
Total cash, cash equivalents and restricted cash	$	31,719	$	466,874

___________________

(1)Includes contingent compensation deposits related to the Cloudways acquisition.

(2)Includes deposits in financial institutions related to letters of credit used to secure lease agreements.

Disclosure of Changes in Allowance for Doubtful Accounts

	Amount
Balance as of December 31, 2022	$	6,099
Provision for expected credit losses	3,987
Write-offs and other	(3,938)
Balance as of March 31, 2023	$	6,148

Revenue by Geographic Areas

Revenue, as determined based on the billing address of the Company’s customers, was as follows:

	Three Months Ended March 31,
	2023		2022
North America	38	%	38	%
Europe	29		29
Asia	23		23
Other	10		10
Total	100	%	100	%

Long-lived Assets by Geographic Areas

The geographic locations of the Company’s long-lived assets, net, based on physical location of the assets is as follows:

	March 31, 2023		December 31, 2022
United States	$	207,448	$	206,118
Singapore	57,150		60,607
Germany	71,232		50,274
Netherlands	54,777		35,951
Other	72,866		74,721
Total	$	463,473	$	427,671