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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 205,479 $ 362,546
Marketable investments 430,397 643,410
Accounts receivable, net 127,835 115,172
Prepaid expenses and other current assets 47,986 50,840
Deferred contract acquisition costs, net 82,497 76,600
Total current assets 894,194 1,248,568
Property and equipment, net 154,499 144,888
Operating lease right-of-use assets 37,433 38,880
Finance lease right-of-use assets 18,803 19,269
Intangible assets, net 58,068 65,632
Goodwill 366,698 365,436
Other assets 11,252 13,384
Deferred contract acquisition costs, net — less current portion 163,913 155,157
Total assets 1,704,860 2,051,214
Current liabilities:    
Accounts payable 31,063 26,282
Accrued and other current liabilities 81,870 83,720
Operating lease liabilities 11,473 11,258
Finance lease liabilities 9,174 7,768
Deferred revenue 68,009 79,173
Convertible senior notes 0 433,490
Total current liabilities 201,589 641,691
Convertible senior notes - less current portion 733,620 731,855
Operating lease liabilities — less current portion 35,225 37,071
Finance lease liabilities — less current portion 10,012 11,688
Other long-term liabilities 7,037 6,717
Total liabilities 987,483 1,429,022
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock 77 76
Additional paid-in capital 1,133,107 1,039,125
Accumulated other comprehensive income 108 636
Accumulated deficit (415,915) (417,645)
Total stockholders’ equity 717,377 622,192
Total liabilities and stockholders’ equity $ 1,704,860 $ 2,051,214