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Balance Sheet Components
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components
(2)
Balance Sheet Components

The following tables show the Company’s financial statement details as of December 31, 2022 and 2021.

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

Prepaid hosting

 

$

9,759

 

 

$

9,216

 

Other prepaid expenses and other assets

 

 

10,576

 

 

 

9,900

 

Total prepaid expense and other current assets

 

$

20,335

 

 

$

19,116

 

 

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

Office equipment

 

$

4,062

 

 

$

3,351

 

Furniture and fixtures

 

 

1,533

 

 

 

319

 

Leasehold improvements

 

 

1,012

 

 

 

521

 

Software

 

 

13

 

 

 

12

 

Internal-use software

 

 

6,825

 

 

 

3,296

 

Total property and equipment

 

 

13,445

 

 

 

7,499

 

Less accumulated depreciation and amortization

 

 

(4,037

)

 

 

(2,667

)

Property and equipment, net

 

$

9,408

 

 

$

4,832

 

 

Depreciation and amortization expense related to property and equipment for the years ended December 31, 2022, 2021, and 2020 was $2.6 million, $1.4 million, and $1.0 million, respectively.

 

The changes in the carrying value of capitalized internal-use software costs for the periods presented below are as follows (in thousands):

 

 

 

Amount

 

 

 

 

 

Balance as of December 31, 2020

 

$

1,121

 

Capitalization of internal-use software costs

 

 

2,072

 

Amortization of internal-use software costs

 

 

(585

)

Balance as of December 31, 2021

 

 

2,608

 

Capitalization of internal-use software costs

 

 

3,530

 

Amortization of internal-use software costs

 

 

(1,247

)

Balance as of December 31, 2022

 

 

4,891

 

Accrued Expenses

Accrued expenses consisted of the following (in thousands):

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

Accrued commission

 

$

4,494

 

 

$

4,708

 

Accrued payroll and employee related taxes

 

 

1,580

 

 

 

2,689

 

Accrued sales tax

 

 

338

 

 

 

932

 

Liability from early exercised stock options

 

 

1,382

 

 

 

3,708

 

2021 Employee Stock Purchase Plan withholding

 

 

1,185

 

 

 

981

 

Operating lease liabilities, current

 

 

3,997

 

 

 

 

Other accrued liabilities

 

 

5,723

 

 

 

4,918

 

Total accrued expenses

 

$

18,699

 

 

$

17,936