Consolidated balance sheet components (Tables)

9 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Cash, Cash Equivalents, and Marketable Securities

The amortized cost, unrealized gains and losses, and estimated fair value of cash, cash equivalents, and marketable securities consisted of the following (in thousands):

As of September 30, 2024	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Cash and cash equivalents:
Cash	$	37,299	$	—	$	—	$	37,299
Money market funds	160,819		—		—		160,819
Time deposits	6,445		—		—		6,445
Total cash and cash equivalents	204,563		—		—		204,563
Marketable securities:
U.S. government securities	152,381		165		—		152,546
Total cash, cash equivalents, and marketable securities	$	356,944	$	165	$	—	$	357,109

As of December 31, 2023	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Cash and cash equivalents:
Cash	$	38,872	$	—	$	—	$	38,872
Money market funds	266,692		—		—		266,692
Total cash and cash equivalents	305,564		—		—		305,564
Marketable securities:
U.S. government securities	171,296		76		—		171,372
Total cash, cash equivalents, and marketable securities	$	476,860	$	76	$	—	$	476,936

Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

	September 30,		December 31,
	2024		2023
Leasehold improvements	$	19,064	$	19,064
Computers and equipment	8,180		7,770
Furniture and fixtures	4,720		4,705
Purchased software	383		383
Construction in progress	160		—
Total property and equipment	32,507		31,922
Less accumulated depreciation and amortization	(29,187)		(27,483)
Property and equipment, net	$	3,320	$	4,439

Schedule of Capitalized Software, Net

Capitalized software, net consisted of the following (in thousands):

	September 30,		December 31,
	2024		2023
Capitalized software	$	101,796	$	85,160
Less accumulated amortization	(68,521)		(53,772)
Capitalized software, net	$	33,275	$	31,388

Schedule of Expected Amortization Expense

As of September 30, 2024, expected amortization expense for capitalized software over the remaining asset lives was as follows (in thousands):

Remainder of 2024	$	5,037
2025	16,450
2026	9,392
2027	2,396
Total expected amortization	$	33,275

The expected future amortization expense for intangible assets as of September 30, 2024 was as follows (in thousands):

Remainder of 2024	$	228
2025	917
2026	917
2027	594
Total expected amortization	$	2,656

Schedule of Intangible Assets Acquired through Business Combination

Intangible assets, net and goodwill— As of September 30, 2024, intangible assets, net acquired as part of the CorpU business combination were as follows (in thousands):

	Estimated Useful Lives	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net
Customer relationships	6 years	$	5,500	$	(2,844)	$	2,656
Vendor relationships	3 years	4,500		(4,500)		—
Developed technology	3 years	4,200		(4,200)		—
Tradename	2 years	900		(900)		—
Total		$	15,100	$	(12,444)	$	2,656

As of December 31, 2023, intangible assets, net acquired as part of the CorpU business combination were as follows (in thousands):

	Estimated Useful Lives	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net
Customer relationships	6 years	$	5,500	$	(2,156)	$	3,344
Vendor relationships	3 years	4,500		(3,528)		972
Developed technology	3 years	4,200		(3,293)		907
Tradename	2 years	900		(900)		—
Total		$	15,100	$	(9,877)	$	5,223

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities— Accrued expenses and other current liabilities consisted of the following (in thousands):

	September 30,		December 31,
	2024		2023
Accrued expenses	$	12,933	$	13,773
Indirect tax reserves	2,031		$	1,432
Indirect tax payables	7,103		$	8,758
Other current liabilities	3,392		$	3,815
Accrued expenses and other current liabilities	$	25,459	$	27,778