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Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Assumptions Used to Determine the Fair Value of Stock Options Granted
The weighted average assumptions used to determine the fair value of the PSUs with market conditions during the three months ended March 31, 2025 were as follows:
Three Months Ended March 31,
2025
Expected term (in years)7.0
Expected volatility64.7 %
Risk-free interest rate4.3 %
Dividend yield— 
Schedule of Stock-based Compensation Expense
The following table sets forth the total stock-based compensation expense included in the Company’s condensed consolidated statements of operations:
Three Months Ended March 31,
20252024
(in thousands)
Cost of revenue$2,588 $2,503 
Sales and marketing27,918 20,177 
Research and development32,693 25,716 
General and administrative32,336 21,327 
Total stock-based compensation expense$95,535 $69,723