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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 300,981 $ 448,346
Accounts receivable, net 160,117 145,934
Prepaid expenses and other current assets 79,110 64,975
Total current assets 540,208 659,255
Property and equipment, net 11,512 12,664
Goodwill 421,719 410,769
Intangible assets, net 68,359 52,102
Capitalized software, net 130,576 124,781
Operating lease right-of-use assets, net 22,898 27,794
Deferred tax assets, net 77,182 77,182
Other assets 22,817 23,520
Total assets 1,295,271 1,388,067
Current liabilities    
Accounts payable 15,258 14,137
Accrued expenses and other current liabilities 77,567 99,130
Current portion of debt 5,000 5,000
Operating lease liabilities, current 5,558 5,636
Total current liabilities 103,383 123,903
Debt, net 485,837 486,711
Operating lease liabilities, net of current portion 44,794 46,040
Other liabilities 6,910 6,755
Total liabilities 640,924 663,409
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.0001 par value; 50,000 shares authorized and nil shares issued and outstanding at March 31, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; Class A: 2,000,000 shares authorized, 103,944 and 105,946 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively; and Class B: 1,000,000 shares authorized, 256,869 and 276,869 shares issued and outstanding at March 31, 2025 and December 31, 2024 36 38
Additional paid-in capital 2,084,272 2,165,633
Accumulated deficit (1,429,961) (1,441,013)
Total stockholders' equity 654,347 724,658
Total liabilities and stockholders' equity $ 1,295,271 $ 1,388,067