Balance Sheet Components

12 Months Ended

Dec. 31, 2023

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, 2023 and 2022.

Prepaid Expenses and Other Current Assets

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

	As of December 31,
	2023		2022
Prepaid hosting	$	6,074	$	9,759
Other prepaid expenses and other assets		10,550		10,576
Total prepaid expense and other current assets	$	16,624	$	20,335

Property and Equipment, Net

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

	As of December 31,
	2023			2022
Office equipment	$	4,427		$	4,062
Furniture and fixtures		1,237			1,533
Leasehold improvements		1,299			1,012
Software		—			13
Internal-use software		10,467			6,825
Total property and equipment		17,430			13,445
Less accumulated depreciation and amortization		(7,362	)		(4,037	)
Property and equipment, net	$	10,068		$	9,408

Depreciation and amortization expense related to property and equipment for the years ended December 31, 2023, 2022, and 2021 was $4.2 million, $2.6 million, and $1.4 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, 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
Capitalization of internal-use software costs		3,641
Amortization of internal-use software costs		(2,350	)
Balance as of December 31, 2023		6,182

Accrued Expenses

Accrued expenses consisted of the following (in thousands):

	As of December 31,
	2023		2022
Accrued hosting	$	6,506	$	289
Accrued commission		6,383		4,494
Accrued payroll and employee related taxes		2,468		1,580
Accrued sales tax		322		338
Liability from early exercised stock options		20		1,382
2021 Employee Stock Purchase Plan withholding		1,017		1,185
Operating lease liabilities, current		4,571		3,997
Other accrued liabilities		5,370		5,434
Total accrued expenses	$	26,657	$	18,699