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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 467,952 $ 401,176
Marketable securities 1,231,099 811,946
Accounts receivable, net 240,093 245,279
Prepaid expenses and other current assets 41,599 21,286
Total current assets 1,980,743 1,479,687
Property and equipment, net 14,168 14,946
Operating lease right-of-use assets, net 25,107 24,008
Intangible assets, net 27,772 32,147
Goodwill 26,299 26,299
Other noncurrent assets 2,273 19,380
Total assets 2,076,362 1,596,467
Current liabilities:    
Accounts payable 64,329 46,514
Operating lease liabilities 5,368 3,707
Accrued expenses and other current liabilities 89,818 83,349
Total current liabilities 159,515 133,570
Operating lease liabilities, noncurrent 22,757 22,040
Other noncurrent liabilities 255 287
Total liabilities 182,527 155,897
Commitments and contingencies (Note 9)
Convertible preferred stock, par value $0.0001 per share; no and 86,864,781 shares authorized as of June 30, 2024 and December 31, 2023, respectively; no and 73,021,449 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively; aggregate liquidation preference of $0 and $1,847,993 as of June 30, 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 June 30, 2024 and December 31, 2023, respectively; no shares issued and outstanding as of June 30, 2024 and December 31, 2023 0 0
Additional paid-in capital 3,196,549 302,820
Accumulated other comprehensive income (loss) (1,004) 814
Accumulated deficit (1,301,727) (716,562)
Total stockholders’ equity (deficit) 1,893,835 (412,922)
Total liabilities, convertible preferred stock, and stockholders’ equity (deficit) 2,076,362 1,596,467
Class A common stock    
Stockholders’ equity (deficit):    
Common stock 6 0
Class B common stock    
Stockholders’ equity (deficit):    
Common stock 11 6
Class C common stock    
Stockholders’ equity (deficit):    
Common stock $ 0 $ 0