XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 252,482 $ 338,769
Marketable securities 562,760 552,852
Accounts receivable, net of allowance for credit losses of $838 and $1,043 at June 30, 2026 and December 31, 2025, respectively 147,511 168,984
Deferred costs 64,595 62,619
Other receivables 9,892 10,383
Prepaid expenses and other 26,733 28,778
Total current assets 1,063,973 1,162,385
Property and equipment, net 18,970 20,546
Operating lease right-of-use assets 9,700 13,986
Deferred costs, non-current 51,045 59,767
Goodwill 203,599 206,164
Intangible assets, net 19,846 22,270
Other assets 7,318 8,453
Total assets 1,374,451 1,493,571
Current liabilities    
Accounts payable 11,778 8,932
Accrued expenses and other current liabilities 105,063 113,115
Deferred revenue 533,867 547,919
Convertible senior notes, current 71,208 71,072
Finance lease obligations 631 614
Total current liabilities 722,547 741,652
Convertible senior notes, non-current 697,352 696,263
Deferred revenue, non-current 32,429 37,305
Other long-term liabilities 101 92
Operating lease liabilities, non-current 6,195 10,472
Finance lease obligations, non-current 12,903 13,223
Total liabilities 1,471,527 1,499,007
Stockholders’ deficit    
Preferred stock, $0.001 par value per share, 100,000,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in-capital 603,995 720,923
Accumulated deficit (701,414) (733,852)
Accumulated other comprehensive income 288 7,436
Total stockholders’ deficit (97,076) (5,436)
Total liabilities and stockholders’ deficit 1,374,451 1,493,571
Class A Common Stock    
Stockholders’ deficit    
Common stock 51 53
Class B Common Stock    
Stockholders’ deficit    
Common stock $ 4 $ 4