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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 319,764 $ 366,157
Accounts receivable, net of allowance of $3,832 and $4,291 as of December 31, 2025 and 2024, respectively 322,391 235,227
Prepaid expenses 28,970 13,348
Other current assets 14,658 1,808
Total current assets 685,783 616,540
Non-current assets:    
Property and equipment, net 15,393 8,856
Website and software development costs, net 31,520 28,949
Right-to-use assets - operating leases, net 19,101 8,806
Intangible assets, net 217,943 115,180
Goodwill 527,886 325,992
Deferred tax assets, net 1,211 619
Other non-current assets 4,687 6,431
Total non-current assets 817,741 494,833
Total assets 1,503,524 1,111,373
Current liabilities:    
Accounts payable 40,136 43,665
Accrued expenses 179,087 121,400
Acquisition-related liabilities 149,036 12,727
Deferred revenue 35,398 10,348
Other current liabilities 25,824 11,197
Total current liabilities 429,481 199,337
Non-current liabilities:    
Long-term borrowings 197,083 196,288
Acquisition-related liabilities 39,447 29,137
Deferred tax liabilities, net 17,268  
Other non-current liabilities 15,656 9,810
Total non-current liabilities 269,454 235,235
Total liabilities 698,935 434,572
Commitments and contingencies (See Note 12)
Stockholders' equity:    
Additional paid-in capital 1,863,695 1,706,885
Accumulated deficit (1,059,817) (1,028,308)
Accumulated other comprehensive gain / (loss) 466 (2,013)
Total stockholders' equity 804,589 [1] 676,801 [2]
Total liabilities and stockholders' equity 1,503,524 1,111,373
Common Class A [Member]    
Stockholders' equity:    
Common stock value 221 213
Common Class B [Member]    
Stockholders' equity:    
Common stock value $ 24 $ 24
[1] Includes 214,394,747 outstanding shares of Class A Common Stock, 21,296,445 outstanding shares of Class B Common Stock, 6,787,559 unvested shares of Class A restricted stock and 2,341,981 unvested shares of Class B restricted stock.
[2] Includes 193,189,610 outstanding shares of Class A Common Stock, 17,776,198 outstanding shares of Class B Common Stock, 19,985,569 unvested shares of Class A restricted stock and 6,318,873 unvested shares of Class B restricted stock.