v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 121,256 $ 199,600
Restricted cash 2,273 2,302
Investments 150,478 233,753
Accounts receivable, net 39,811 46,735
Contract assets, current portion, net 9,812 8,909
Prepaid expenses and other current assets 15,472 10,832
Deferred solution and other costs, current portion 28,789 21,117
Deferred implementation costs, current portion 7,224 7,828
Total current assets 375,115 531,076
Property and equipment, net 53,008 56,695
Right of use assets 37,322 39,837
Deferred solution and other costs, net of current portion 28,845 26,410
Deferred implementation costs, net of current portion 20,515 18,713
Intangible assets, net 139,967 145,681
Goodwill 512,869 512,869
Contract assets, net of current portion and allowance 14,662 16,186
Other long-term assets 2,089 2,259
Total assets 1,184,392 1,349,726
Current liabilities:    
Accounts payable 13,906 10,055
Accrued liabilities 20,031 20,748
Accrued compensation 11,671 23,460
Convertible notes, current portion 0 10,903
Deferred revenues, current portion 122,064 117,468
Lease liabilities, current portion 9,229 9,408
Total current liabilities 176,901 192,042
Convertible notes, net of current portion 488,978 657,789
Deferred revenues, net of current portion 23,311 21,691
Lease liabilities, net of current portion 50,932 52,991
Other long-term liabilities 5,169 6,189
Total liabilities 745,291 930,702
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock: $0.0001 par value; 5,000 shares authorized, no shares issued or outstanding as of March 31, 2023 and December 31, 2022 0 0
Common stock: $0.0001 par value; 150,000 shares authorized, 58,198 issued and outstanding as of March 31, 2023 and 57,735 shares issued and outstanding as of December 31, 2022 6 6
Additional paid-in capital 1,001,874 982,300
Accumulated other comprehensive loss (1,953) (2,972)
Accumulated deficit (560,826) (560,310)
Total stockholders' equity 439,101 419,024
Total liabilities and stockholders' equity $ 1,184,392 $ 1,349,726