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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 193,409 $ 362,546
Marketable investments 482,747 643,410
Accounts receivable, net 138,486 115,172
Prepaid expenses and other current assets 49,590 50,840
Deferred contract acquisition costs, net 85,181 76,600
Total current assets 949,413 1,248,568
Property and equipment, net 164,305 144,888
Operating lease right-of-use assets 37,695 38,880
Finance lease right-of-use assets 16,507 19,269
Intangible assets, net 54,604 65,632
Goodwill 366,253 365,436
Other assets 11,107 13,384
Deferred contract acquisition costs, net — less current portion 168,521 155,157
Total assets 1,768,405 2,051,214
Current liabilities:    
Accounts payable 30,430 26,282
Accrued and other current liabilities 80,568 83,720
Operating lease liabilities 11,187 11,258
Finance lease liabilities 8,826 7,768
Deferred revenue 74,737 79,173
Convertible senior notes 0 433,490
Total current liabilities 205,748 641,691
Convertible senior notes - less current portion 734,553 731,855
Operating lease liabilities — less current portion 35,398 37,071
Finance lease liabilities — less current portion 8,042 11,688
Other long-term liabilities 9,378 6,717
Total liabilities 993,119 1,429,022
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock 78 76
Additional paid-in capital 1,172,401 1,039,125
Accumulated other comprehensive income 749 636
Accumulated deficit (397,942) (417,645)
Total stockholders’ equity 775,286 622,192
Total liabilities and stockholders’ equity $ 1,768,405 $ 2,051,214