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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net income (loss) $ 2,324 $ (14,759)
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Depreciation and amortization 3,089 2,685
Share-based compensation 9,840 5,674
Loss on disposal of property and equipment 27 2
Amortization of debt issuance costs 0 252
Non-cash operating lease expense 0 382
Change in fair value of warrant liabilities 0 1,256
Provision for credit losses [1] 1,189 490
Amortization of deferred commissions 1,926 1,561
Changes in operating assets and liabilities    
Accounts receivable [2] (23,177) (10,360)
Inventory 367 (173)
Prepaid expenses and other current assets [3] (260) (870)
Deferred commissions (2,857) (1,423)
Other non-current assets (50) 118
Accounts payable [4] 1,526 1,016
Operating lease liabilities 0 (415)
Accrued expenses and other current liabilities [5] (4,414) (4,780)
Deferred revenue [6] 2,643 5,995
Other non-current liabilities 0 89
Net cash used in operating activities (7,827) (13,260)
Investing activities    
Purchases of property and equipment (224) (586)
Capitalized internal-use software costs (2,997) (1,913)
Net cash used in investing activities (3,221) (2,499)
Financing activities    
Proceeds from exercise of stock options 11,384 3,908
Taxes paid related to net share settlement of equity awards (660) 0
Payment of deferred offering costs 0 (1,927)
Proceeds from initial public offering, net of underwriting discounts and commissions 0 160,532
Net cash provided by financing activities 10,724 162,513
Net increase (decrease) in cash and cash equivalents (324) 146,754
Cash and cash equivalents at beginning of period 222,036 76,392
Cash and cash equivalents at end of period 221,712 223,146
Supplemental disclosure of cash flow information    
Interest 30 1,824
Supplemental disclosure of noncash investing and financing activities    
Share-based compensation expense capitalized in internal-use software 171 82
Unpaid deferred offering costs included in accounts payable 0 2,356
Unpaid property and equipment included in accounts payable 18 59
Conversion of redeemable convertible preferred stock in connection with initial public offering 0 452,112
Series B Redeemable Convertible Preferred Stock    
Supplemental disclosure of noncash investing and financing activities    
Net share settlement of redeemable convertible preferred stock warrant liability in connection with convertible preferred stock warrant exercise 0 493
Series D Redeemable Convertible Preferred Stock    
Supplemental disclosure of noncash investing and financing activities    
Net share settlement of redeemable convertible preferred stock warrant liability in connection with convertible preferred stock warrant exercise $ 0 $ 2,585
[1] Includes changes in related party balances of less than $0.1 million and $(0.3) million for the six months ended June 30, 2026 and 2025, respectively.
[2] Includes changes in related party balances of $17.7 million and $1.9 million for the six months ended June 30, 2026 and 2025, respectively.
[3] Includes changes in related party balances of $0.2 million and $0 for the six months ended June 30, 2026 and 2025, respectively.
[4] Includes changes in related party balances of $1.0 million and $0 for the six months ended June 30, 2026 and 2025, respectively.
[5] Includes changes in related party balances of $1.9 million and $1.7 million for the six months ended June 30, 2026 and 2025, respectively.
[6] Includes changes in related party balances of $1.8 million and $5.5 million for the six months ended June 30, 2026 and 2025, respectively.