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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net loss $ (32,651) $ (4,959)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,037 663
Noncash operating lease expense 919 681
Amortization of deferred commissions 5,732 4,551
Equity-based compensation 37,909 1,113
Other noncash operating activities, net (731) 1,246
Changes in operating assets and liabilities:    
Accounts receivable, net 3,945 17,581
Deferred commissions (6,112) (4,858)
Prepaid expenses and other assets 690 194
Accounts payable 8,917 5,447
Deferred revenue 15,983 8,281
Accrued and other liabilities 559 (4,400)
Net cash provided by operating activities 36,197 25,540
Investing activities:    
Purchases of property and equipment (380) (690)
Net cash used in investing activities (380) (690)
Financing activities:    
Payments of deferred offering costs (1,763) (351)
Proceeds from option exercises 15,077  
Net cash provided by (used in) financing activities 13,314 (351)
Effect of exchange rate changes on cash and cash equivalents 561 (290)
Net increase in cash and cash equivalents 49,692 24,209
Cash and cash equivalents - Beginning of period 544,174 117,087
Cash and cash equivalents - End of period 593,866 141,296
Supplemental disclosures of noncash investing and financing activities    
Purchases of property and equipment included in liabilities 78 354
Lease liabilities arising from obtaining right-of-use assets $ 265  
Deferred offering costs, accrued but unpaid   $ 409