v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 472,393 $ 358,560
Restricted cash 2,139 2,233
Investments 96,341 88,066
Accounts receivable, net 69,877 42,084
Contract assets, current portion, net 6,236 7,888
Prepaid expenses and other current assets 20,407 23,512
Deferred solution and other costs, current portion 29,514 26,611
Deferred implementation costs, current portion 10,359 9,706
Total current assets 707,266 558,660
Property and equipment, net 24,572 31,528
Right of use assets 28,687 30,402
Deferred solution and other costs, net of current portion 26,818 28,116
Deferred implementation costs, net of current portion 29,319 26,408
Intangible assets, net 82,317 94,633
Goodwill 512,869 512,869
Contract assets, net of current portion and allowance 12,361 9,483
Other long-term assets 2,492 2,696
Total assets 1,426,701 1,294,795
Current liabilities:    
Accounts payable 8,132 9,354
Accrued liabilities 26,793 18,239
Accrued compensation 23,415 32,949
Convertible notes, current portion 493,933 190,331
Deferred revenues, current portion 170,289 137,700
Lease liabilities, current portion 9,088 10,327
Total current liabilities 731,650 398,900
Convertible notes, net of current portion 0 302,115
Deferred revenues, net of current portion 28,645 27,281
Lease liabilities, net of current portion 36,063 38,346
Other long-term liabilities 7,458 10,357
Total liabilities 803,816 776,999
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock: $0.0001 par value; 5,000 shares authorized, no shares issued or outstanding as of September 30, 2025 and December 31, 2024 0 0
Common stock: $0.0001 par value; 150,000 shares authorized, 62,510 issued and outstanding as of September 30, 2025 and 60,728 shares issued and outstanding as of December 31, 2024 6 6
Additional paid-in capital 1,257,400 1,183,893
Accumulated other comprehensive loss (1,856) (1,873)
Accumulated deficit (632,665) (664,230)
Total stockholders' equity 622,885 517,796
Total liabilities and stockholders' equity $ 1,426,701 $ 1,294,795