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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 122,136 $ 190,518
Accounts receivable, net of allowance for doubtful accounts of $850 and $600, respectively 43,745 41,936
Prepaid expenses, prepaid income taxes and other current assets 21,433 35,259
Deferred contract costs 15,279 15,235
Total current assets 202,593 282,948
Property and equipment, net 129,550 132,952
Intangible assets, net 2,740 3,253
Goodwill 27,933 28,397
Operating lease right-of-use assets 97,960 115,481
Deferred tax assets 76,080 81,201
Deferred contract costs, net of current portion 13,392 13,563
Other non-current assets 4,879 4,102
Total assets 555,127 661,897
Current liabilities    
Accounts payable 36,063 29,115
Accrued expenses, accrued income taxes and other current liabilities 38,652 38,393
Deferred revenue 24,960 23,562
Operating lease liabilities 9,846 9,469
Total current liabilities 109,521 100,539
Operating lease liabilities 175,296 181,364
Deferred tax liabilities 0 442
Other non–current liabilities 5,954 5,354
Total liabilities 290,771 287,699
Commitments and contingencies (Note 9)
Stockholders' equity    
Preferred stock, $0.001 par value per share; 10,000,000 shares authorized; no shares issued and outstanding
Additional paid-in capital 6,764 10,297
Retained earnings 257,376 362,380
Accumulated other comprehensive income 126 1,426
Total stockholders’ equity 264,356 374,198
Total liabilities and stockholders' equity 555,127 661,897
Class A Common Stock    
Stockholders' equity    
Common stock 76 81
Class B Common Stock    
Stockholders' equity    
Common stock $ 14 $ 14