XML 20 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 168,113 $ 242,811
Accounts receivable, net 391,151 386,252
Deferred and prepaid sales commission costs 176,099 182,615
Prepaid expenses and other current assets 64,890 59,444
Total current assets 800,253 871,122
Property and equipment, net 184,606 180,650
Operating lease right-of-use assets 37,128 46,463
Deferred and prepaid sales commission costs, non-current 293,543 325,198
Goodwill 85,482 82,986
Acquired intangibles, net 191,797 258,526
Other assets 12,650 14,928
Total assets 1,605,459 1,779,873
Current liabilities    
Accounts payable 65,467 21,866
Accrued liabilities 276,750 283,799
Current portion of long-term debt, net 627,880 181,252
Deferred revenue 262,993 261,882
Total current liabilities 1,233,090 748,799
Long-term debt, net 632,903 1,347,881
Operating lease liabilities 19,336 29,733
Other long-term liabilities 7,268 4,930
Total liabilities 1,892,597 2,131,343
Commitments and contingencies (Note 8)
Series A convertible preferred stock 199,449 199,449
Stockholders’ deficit    
Common stock 9 9
Additional paid-in capital 1,265,365 1,215,377
Accumulated other comprehensive income (loss) 2,598 (8,881)
Accumulated deficit (1,754,559) (1,757,424)
Total stockholders’ deficit (486,587) (550,919)
Total liabilities, temporary equity and stockholders’ deficit $ 1,605,459 $ 1,779,873