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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 101,499 $ 95,004
Accounts receivable, net of allowances of $4,785 and $4,451 as of March 31, 2026 and December 31, 2025, respectively 29,029 27,014
Prepaid expenses and other current assets (Note 1) 15,417 15,100
Total current assets 145,945 137,118
Property and equipment, net (Note 6) 87,858 90,389
Contract acquisition costs, net (Note 2) 20,856 23,951
Intangible assets, net (Note 5) 13,502 13,409
Goodwill, net (Note 5) 184,540 184,902
Deferred tax assets, net (Note 14) 4,533 4,511
Other assets 348 387
Total assets 457,582 454,667
Current liabilities:    
Accounts payable 4,357 9,522
Accrued expenses and other current liabilities (Note 7) 48,105 38,700
Deferred revenue (Note 2) 57,987 54,295
Current portion of long-term debt (Note 8) 20,071 20,052
Total current liabilities 130,520 122,569
Senior notes, net of current portion (Note 8) 373,723 371,732
Deferred tax liabilities (Note 14) 4,199 4,196
Other liabilities 636 665
Total liabilities 509,078 499,162
Commitments and contingencies (Notes 10 and 13)
Stockholders’ deficit:    
Common stock, $0.001 par value - 20,000,000 shares authorized; 12,285,554 and 12,223,729 shares issued, 12,101,150 and 12,039,325 shares outstanding as of March 31, 2026 and December 31, 2025, respectively. 173 173
Treasury stock, at cost - 184,404 shares as of March 31, 2026 and December 31, 2025 (3) (3)
Additional paid-in capital 1,023,338 1,021,076
Accumulated deficit (1,067,321) (1,058,494)
Accumulated other comprehensive loss (7,683) (7,247)
Total stockholders’ deficit (51,496) (44,495)
Total liabilities and stockholders’ deficit $ 457,582 $ 454,667