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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 356,239 $ 357,790
Marketable securities, current (amortized cost of $379,504 and $320,166 at June 30, 2024 and December 31, 2023, respectively) 379,120 320,161
Accounts receivable, net of allowance for credit losses of $4,132 and $4,791 at June 30, 2024 and December 31, 2023, respectively 158,700 206,644
Contract cost asset, current 30,946 28,718
Prepaid expenses and other current assets 41,471 42,421
Total current assets 966,476 955,734
Marketable securities, non-current (amortized cost of $45,430 and $0 at June 30, 2024 and December 31, 2023, respectively) 45,430 0
Capitalized software development costs, net 95,763 83,045
Property and equipment, net 34,895 36,258
Right of use assets - finance leases 33,051 34,375
Right of use assets - operating leases 35,255 44,141
Contract cost asset, non-current 44,193 44,564
Intangible assets, net 142,293 137,546
Goodwill 550,363 539,354
Other assets 19,316 18,551
Total assets 1,967,035 1,893,568
Current liabilities    
Accounts payable 26,951 13,177
Accrued expenses 71,253 100,075
Deferred revenue, current 494,680 501,903
Other current liabilities 31,894 27,275
Total current liabilities 624,778 642,430
Deferred revenue, non-current 6,135 7,692
Finance lease liabilities, non-current 42,468 43,581
Operating lease liabilities, non-current 32,578 37,923
Other liabilities, non-current 5,278 6,332
Total liabilities 711,237 737,958
Contingencies (Note 9)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 100,000,000 shares authorized at June 30, 2024 and December 31, 2023; 0 shares issued and outstanding at June 30, 2024 and December 31, 2023. 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized at June 30, 2024 and December 31, 2023; 147,678,550 and 144,806,464 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively. 15 15
Additional paid-in capital 2,414,224 2,295,807
Accumulated other comprehensive loss (2,327) (1,375)
Accumulated deficit (1,156,114) (1,138,837)
Total stockholders’ equity 1,255,798 1,155,610
Total liabilities and stockholders’ equity $ 1,967,035 $ 1,893,568