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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 273,529 $ 448,346
Accounts receivable, net 203,738 145,934
Prepaid expenses and other current assets 88,248 64,975
Total current assets 565,515 659,255
Property and equipment, net 11,276 12,664
Goodwill 421,719 410,769
Intangible assets, net 62,773 52,102
Capitalized software, net 142,118 124,781
Operating lease right-of-use assets, net 29,694 27,794
Deferred tax assets, net 69,093 77,182
Other assets 23,319 23,520
Total assets 1,325,507 1,388,067
Current liabilities    
Accounts payable 28,725 14,137
Accrued expenses and other current liabilities 143,372 99,130
Current portion of debt 5,000 5,000
Operating lease liabilities, current 4,761 5,636
Total current liabilities 181,858 123,903
Debt, net 484,114 486,711
Operating lease liabilities, net of current portion 51,260 46,040
Other liabilities 7,563 6,755
Total liabilities 724,795 663,409
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.0001 par value; 50,000 shares authorized and nil shares issued and outstanding at September 30, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; Class A: 2,000,000 shares authorized, 98,304 and 105,946 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively; and Class B: 1,000,000 shares authorized, 242,869 and 276,869 shares issued and outstanding at September 30, 2025 and December 31, 2024 34 38
Additional paid-in capital 2,016,677 2,165,633
Accumulated deficit (1,415,999) (1,441,013)
Total stockholders' equity 600,712 724,658
Total liabilities and stockholders' equity $ 1,325,507 $ 1,388,067