Balance Sheet Components

12 Months Ended

Dec. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Components

6. Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

	December 31, 2024		December 31, 2023
	(in thousands)
Prepaid expenses	$	14,583	$	11,930
Other receivables	11,500		4,695
Interest receivable	4,695		3,071
Other	2,280		1,590
Total prepaid expenses and other current assets	$	33,058	$	21,286

Property and Equipment, Net

Property and equipment, net consisted of the following:

	December 31, 2024		December 31, 2023
	(in thousands)
Computer equipment, furniture, and fixtures	$	15,832	$	14,136
Leasehold improvements	8,017		7,597
Total property and equipment	23,849		21,733
Less: accumulated depreciation	(11,197)		(6,787)
Total property and equipment, net	$	12,652	$	14,946

Depreciation expense was immaterial for the years ended December 31, 2024, 2023, and 2022.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

	December 31, 2024		December 31, 2023
	(in thousands)
Accrued compensation and benefits	$	63,441	$	37,964
Deferred revenue	14,805		7,250
Accrued expenses	31,817		26,740
Revenue share payable and other	6,939		2,549
Holdback liability from acquisitions	—		6,111
Other	7,462		2,735
Total accrued expenses and other current liabilities	$	124,464	$	83,349