Balance Sheet Components

3 Months Ended

Mar. 31, 2025

(3)

Balance Sheet Components

The following tables show the Company’s financial statement details as of March 31, 2025 and December 31, 2024.

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 March 31,				As of December 31,
	2025		2024		2024		2023
Cash and cash equivalents	$	131,173	$	265,705	$	171,678	$	248,491
Restricted cash, current		885		—		881		—
Restricted cash, noncurrent		—		872		—		869
Total cash, cash equivalents, and restricted cash	$	132,058	$	266,577	$	172,559	$	249,360

Prepaid Expenses and Other Current Assets

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


	As of March 31,		As of December 31,
	2025		2024
Prepaid hosting	$	6,896	$	6,128
Other prepaid expenses and other assets		11,997		14,225
Total prepaid expense and other current assets	$	18,893	$	20,353

Accrued Expenses

Accrued expenses consisted of the following (in thousands):


	As of March 31,		As of December 31,
	2025		2024
Accrued hosting	$	3,366	$	1,151
Accrued commission and bonus		9,516		17,215
Accrued payroll and employee related taxes		3,543		2,500
Accrued sales tax		569		429
2021 Employee Stock Purchase Plan withholding		1,946		811
Operating lease liabilities, current		3,290		3,812
Customer refunds and credits		1,113		1,300
Non-income tax liabilities		1,271		1,058
Other accrued liabilities		7,291		5,575
Total accrued expenses	$	31,905	$	33,851