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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 439,298 $ 357,790
Marketable securities, current (amortized cost of $316,530 and $320,166 at September 30, 2024 and December 31, 2023, respectively) 317,650 320,161
Accounts receivable, net of allowance for credit losses of $4,550 and $4,791 at September 30, 2024 and December 31, 2023, respectively 173,386 206,644
Contract cost asset, current 32,150 28,718
Prepaid expenses and other current assets 54,248 42,421
Total current assets 1,016,732 955,734
Marketable securities, non-current (amortized cost of $52,283 and $0 at September 30, 2024 and December 31, 2023, respectively) 52,283 0
Capitalized software development costs, net 102,449 83,045
Property and equipment, net 35,952 36,258
Right of use assets - finance leases 32,391 34,375
Right of use assets - operating leases 32,676 44,141
Contract cost asset, non-current 44,593 44,564
Intangible assets, net 131,754 137,546
Goodwill 550,221 539,354
Other assets 19,686 18,551
Total assets 2,018,737 1,893,568
Current liabilities    
Accounts payable 25,006 13,177
Accrued expenses 91,227 100,075
Deferred revenue, current 501,599 501,903
Other current liabilities 31,187 27,275
Total current liabilities 649,019 642,430
Deferred revenue, non-current 4,822 7,692
Finance lease liabilities, non-current 41,853 43,581
Operating lease liabilities, non-current 32,070 37,923
Other liabilities, non-current 5,324 6,332
Total liabilities 733,088 737,958
Contingencies (Note 9)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 100,000,000 shares authorized at September 30, 2024 and December 31, 2023; 0 shares issued and outstanding at September 30, 2024 and December 31, 2023. 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized at September 30, 2024 and December 31, 2023; 148,663,793 and 144,806,464 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively. 15 15
Additional paid-in capital 2,468,450 2,295,807
Accumulated other comprehensive loss (314) (1,375)
Accumulated deficit (1,182,502) (1,138,837)
Total stockholders’ equity 1,285,649 1,155,610
Total liabilities and stockholders’ equity $ 2,018,737 $ 1,893,568