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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 482,127 $ 483,220
Accounts receivable, net 1,215,444 1,200,046
Prepaid expenses and other current assets 27,943 19,914
TOTAL CURRENT ASSETS 1,725,514 1,703,180
Property and equipment, net 97,043 68,730
Right-of-use lease assets 65,481 50,329
Internal use software development costs, net 28,088 26,625
Intangible assets, net 15,078 21,309
Goodwill 983,902 978,217
Other assets, non-current 5,587 6,378
TOTAL ASSETS 2,920,693 2,854,768
Current liabilities:    
Accounts payable and accrued expenses 1,479,746 1,466,377
Lease liabilities, current 20,200 16,086
Debt, current, net of debt issuance costs 208,154 3,641
Other current liabilities 4,949 9,880
TOTAL CURRENT LIABILITIES 1,713,049 1,495,984
Debt, non-current, net of debt discount and issuance costs 348,111 550,104
Lease liabilities, non-current 48,757 38,983
Other liabilities, non-current 2,822 1,479
TOTAL LIABILITIES 2,112,739 2,086,550
Commitments and contingencies (Note 10)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.00001 par value, 10,000 shares authorized at September 30, 2025 and December 31, 2024; 0 shares issued and outstanding at September 30, 2025 and December 31, 2024 0 0
Common stock, $0.00001 par value; 500,000 shares authorized at September 30, 2025 and December 31, 2024; 143,643 and 141,427 shares issued and outstanding at September 30, 2025 and December 31, 2024 2 2
Additional paid-in capital 1,449,094 1,433,809
Accumulated other comprehensive loss (1,533) (4,421)
Accumulated deficit (639,609) (661,172)
TOTAL STOCKHOLDERS' EQUITY 807,954 768,218
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,920,693 $ 2,854,768