XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 370,344 $ 362,546
Marketable investments 671,394 643,410
Accounts receivable, net 118,614 115,172
Prepaid expenses and other current assets 47,832 50,840
Deferred contract acquisition costs, net 79,267 76,600
Total current assets 1,287,451 1,248,568
Property and equipment, net 146,460 144,888
Operating lease right-of-use assets 36,444 38,880
Finance lease right-of-use assets 21,113 19,269
Intangible assets, net 61,532 65,632
Goodwill 366,698 365,436
Other assets 12,669 13,384
Deferred contract acquisition costs, net — less current portion 157,557 155,157
Total assets 2,089,924 2,051,214
Current liabilities:    
Accounts payable 29,477 26,282
Accrued and other current liabilities 80,354 83,720
Operating lease liabilities 11,131 11,258
Finance lease liabilities 9,090 7,768
Deferred revenue 74,809 79,173
Convertible senior notes 434,031 433,490
Total current liabilities 638,892 641,691
Convertible senior notes - less current portion 732,721 731,855
Operating lease liabilities — less current portion 34,987 37,071
Finance lease liabilities — less current portion 12,321 11,688
Other long-term liabilities 6,717 6,717
Total liabilities 1,425,638 1,429,022
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock 76 76
Additional paid-in capital 1,080,782 1,039,125
Accumulated other comprehensive income 497 636
Accumulated deficit (417,069) (417,645)
Total stockholders’ equity 664,286 622,192
Total liabilities and stockholders’ equity $ 2,089,924 $ 2,051,214