Balance Sheet Components

9 Months Ended

Sep. 30, 2024

(3)

Balance Sheet Components

The following tables show the Company’s financial statement details as of September 30, 2024 and December 31, 2023.

Cash, Cash Equivalents and Restricted Cash

The following table represents the Company's cash, cash equivalents, and restricted cash at each period end (in thousands):


	As of September 30,				As of December 31,
	2024		2023		2023		2022
Cash and cash equivalents	$	317,448	$	238,525	$	248,491	$	218,494
Restricted cash, current		878		—		—		—
Restricted cash, noncurrent		—		865		869		855
Total cash, cash equivalents, and restricted cash	$	318,326	$	239,390	$	249,360	$	219,349

Prepaid Expenses and Other Current Assets

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


	As of September 30,		As of December 31,
	2024		2023
Prepaid hosting	$	10,804	$	6,074
Other prepaid expenses and other assets		12,857		10,550
Total prepaid expense and other current assets	$	23,661	$	16,624

Accrued Expenses

Accrued expenses consisted of the following (in thousands):


	As of September 30,		As of December 31,
	2024		2023
Accrued hosting	$	7,456	$	6,506
Accrued commission and bonus		12,801		6,383
Accrued payroll and employee related taxes		2,790		2,468
Accrued sales tax		414		322
2021 Employee Stock Purchase Plan withholding		2,151		1,017
Operating lease liabilities, current		4,088		4,571
Other accrued liabilities		5,091		5,390
Total accrued expenses	$	34,791	$	26,657