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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 168,688 $ 213,774
Restricted cash 795 138
Accounts receivable (net of allowance for doubtful accounts of $3,832 and $1,036 at December 31, 2024 and 2023, respectively) 266,800 142,690
Prepaid expenses and other current assets 31,041 13,426
Income tax receivable 8,669 3,710
Total current assets 475,993 373,738
Property and equipment, net 307,539 79,441
Goodwill 2,124,528 820,654
Intangible assets, net 987,948 344,014
Deferred tax asset, net 5,682 2,786
Other assets 21,203 10,021
TOTAL ASSETS 3,922,893 1,630,654
CURRENT LIABILITIES    
Accounts payable 120,872 47,024
Accrued compensation 52,805 16,379
Accrued liabilities 44,700 16,162
Current portion of long-term debt 21,850 0
Current portion of operating lease liability 4,245 3,354
Income tax payable 1,942 264
Deferred revenues 4,274 1,856
Total current liabilities 250,688 85,039
Long-term debt (net of deferred financing costs of $41,861 and $6,268 at December 31, 2024 and 2023, respectively) 2,121,289 558,456
Deferred tax liability, net 222,738 71,274
Operating lease liability, less current portion 9,149 5,931
Other liabilities 11,990 3,221
Total liabilities 2,615,854 723,921
COMMITMENTS AND CONTINGENCIES (Note 14)
EQUITY    
Common stock - $0.001 par value; 1,000,000,000 shares authorized, 173,171,145 and 145,074,802 shares issued and outstanding as of December 31, 2024 and 2023, respectively 173 145
Additional paid-in-capital 1,504,007 977,290
Accumulated deficit (159,808) (49,545)
Accumulated other comprehensive loss (37,333) (21,157)
Total equity 1,307,039 906,733
TOTAL LIABILITIES AND EQUITY $ 3,922,893 $ 1,630,654