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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 250,724 $ 254,597
Short-term investments 4,890  
Accounts receivable, net 72,575 50,190
Prepaid expenses and other current assets 28,157 16,551
Total current assets 356,346 321,338
Property and equipment, net 15,064 10,738
Intangible assets, net 29,456  
Operating lease right-of-use assets, net 24,114  
Deferred contract costs, non-current 6,563 5,687
Debt issuance costs - line of credit 728 922
Other non-current assets 5,880 5,670
Goodwill 43,791
Total assets 481,942 344,355
Current liabilities:    
Accounts payable 3,092 1,416
Accrued expenses and other current liabilities 42,119 27,032
Notes payable, current portion 2,750 2,750
Operating lease liability, current portion 5,851  
Tax receivable agreement liability 12,200  
Total current liabilities 66,012 31,198
Notes payable, less current maturities and unamortized debt issuance costs 48,492 51,157
Operating lease liability, less current portion 19,505  
Other long-term liabilities 9,547 132
Total liabilities 143,556 82,487
Commitments and contingencies (Note 8)
Stockholders' Equity    
Additional paid-in-capital 455,320 388,591
Accumulated other comprehensive income (loss) 609 (34)
Accumulated Deficit (186,647) (191,926)
Total stockholders' equity attributable to Clearwater Analytics Holdings, Inc. 269,521 196,867
Non-controlling interests 68,865 65,001
Total stockholders' equity 338,386 261,868
Total liabilities and Stockholders' Equity 481,942 344,355
Class A    
Stockholders' Equity    
Common stock 61 48
Class B    
Stockholders' Equity    
Common stock 1 11
Class C    
Stockholders' Equity    
Common stock 47 47
Class D    
Stockholders' Equity    
Common stock $ 130 $ 130