Balance Sheet Components

12 Months Ended

Dec. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Components

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Balance Sheet Components

The following tables show the Company’s financial statement details as of December 31, 2024 and 2023.

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):


	As of December 31,
	2024		2023
Prepaid hosting	$	6,128	$	6,074
Other prepaid expenses and other assets		14,225		10,550
Total prepaid expense and other current assets	$	20,353	$	16,624

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):


	As of December 31,
	2024			2023
Office equipment	$	4,886		$	4,427
Furniture and fixtures		1,376			1,237
Leasehold improvements		1,320			1,299
Internal-use software		20,534			10,467
Total property and equipment		28,116			17,430
Less accumulated depreciation and amortization		(11,783	)		(7,362	)
Property and equipment, net	$	16,333		$	10,068

Depreciation and amortization expense related to property and equipment for the years ended December 31, 2024, 2023, and 2022 was $5.4 million, $4.2 million, and $2.6 million, respectively.

The changes in the carrying value of capitalized internal-use software costs for the periods presented below are as follows (in thousands):


	Amount

Balance as of December 31, 2022	$	4,891
Capitalization of internal-use software costs		3,641
Amortization of internal-use software costs		(2,350	)
Balance as of December 31, 2023		6,182
Capitalization of internal-use software costs		10,067
Amortization of internal-use software costs		(3,230	)
Balance as of December 31, 2024		13,019

Accrued Expenses

Accrued expenses consisted of the following (in thousands):


	As of December 31,
	2024		2023
Accrued hosting	$	1,151	$	6,506
Accrued commission and bonus		17,215		6,383
Accrued payroll and employee related taxes		2,500		2,468
Accrued sales tax		429		322
2021 Employee Stock Purchase Plan withholding		811		1,017
Operating lease liabilities, current		3,812		4,571
Other accrued liabilities		7,933		5,390
Total accrued expenses	$	33,851	$	26,657