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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 188,028 $ 218,432
Marketable securities 221,109 287,449
Accounts receivable, net of allowances of $2,031 and $1,976 at December 31, 2025 and December 31, 2024, respectively 25,666 23,454
Prepaid expenses and other assets 11,097 10,059
Deferred commissions, current portion 2,951 4,279
Total current assets 448,851 543,673
Property and equipment, net 4,076 4,889
Operating lease right-of-use assets 9,715 6,007
Internal-use software, net 16,050 18,510
Deferred commissions, net of current portion 3,770 2,915
Intangible assets, net 3,369 5,339
Goodwill 8,518 8,500
Deferred tax assets, net 75,192 73,737
Other assets 202 472
Total assets 569,743 664,060
Current liabilities    
Accounts payable 9,115 10,519
Accrued expenses 36,610 43,493
Accrued interest 12,864 12,866
Deferred revenue 9,731 10,837
Operating lease liabilities, current portion 2,213 2,786
Other current liabilities 363 1,093
Total current liabilities 70,896 81,594
Operating lease liabilities, net of current portion 10,688 6,286
Long-term borrowings, net 544,780 543,649
Other long-term liabilities 20,580 19,101
Total liabilities 646,944 650,630
Commitments and contingencies (Note 12)
Stockholders' equity (deficit)    
Preferred Stock, $0.00001 par value; 50,000 shares authorized as of December 31, 2025 and December 31, 2024; no shares issued and outstanding as of December 31, 2025 and December 31, 2024 0 0
Class B treasury stock, 195 shares outstanding as of December 31, 2025 and December 31, 2024 (644) (644)
Additional paid-in capital 0 32,402
Accumulated deficit (76,590) (18,385)
Accumulated other comprehensive income 32 56
Total stockholders' equity (deficit) (77,201) 13,430
Total liabilities and stockholders' equity (deficit) 569,743 664,060
Common Class A    
Stockholders' equity (deficit)    
Common stock 1 1
Common Class B    
Stockholders' equity (deficit)    
Common stock $ 0 $ 0