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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 968,515 $ 401,176
Marketable securities 701,835 811,946
Accounts receivable, net 215,307 245,279
Prepaid expenses and other current assets 34,368 21,286
Total current assets 1,920,025 1,479,687
Property and equipment, net 14,385 14,946
Operating lease right-of-use assets, net 22,754 24,008
Intangible assets, net 29,928 32,147
Goodwill 26,299 26,299
Other noncurrent assets 2,505 19,380
Total assets 2,015,896 1,596,467
Current liabilities:    
Accounts payable 45,378 46,514
Operating lease liabilities 4,383 3,707
Accrued expenses and other current liabilities 106,724 83,349
Total current liabilities 156,485 133,570
Operating lease liabilities, noncurrent 20,835 22,040
Other noncurrent liabilities 276 287
Total liabilities 177,596 155,897
Commitments and contingencies (Note 9)
Convertible preferred stock, par value $0.0001 per share; no and 86,864,781 shares authorized as of March 31, 2024 and December 31, 2023, respectively; no and 73,021,449 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively; aggregate liquidation preference of $0 and $1,847,993 as of March 31, 2024 and December 31, 2023, respectively   1,853,492
Stockholders’ equity (deficit):    
Preferred stock, par value $0.0001 per share; $100,000,000 and no shares authorized as of March 31, 2024 and December 31, 2023, respectively; no shares issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 3,130,384 302,820
Accumulated other comprehensive income (loss) (472) 814
Accumulated deficit (1,291,628) (716,562)
Total stockholders’ equity (deficit) 1,838,300 (412,922)
Total liabilities, convertible preferred stock, and stockholders’ equity (deficit) 2,015,896 1,596,467
Class A common stock    
Stockholders’ equity (deficit):    
Common stock 4 0
Class B common stock    
Stockholders’ equity (deficit):    
Common stock 12 6
Class C common stock    
Stockholders’ equity (deficit):    
Common stock $ 0 $ 0