v3.24.1.u1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 259,085 $ 278,218
Short-term investments 93,121 84,331
Accounts receivable, net of expected credit losses of $3,605 and $2,785, respectively 72,383 70,264
Contract assets 437 412
Deferred contract costs 4,544 4,743
Prepaid expenses and other current assets 12,896 12,769
Total current assets 442,466 450,737
Property and equipment, net of accumulated depreciation and amortization of $12,225 and $10,111, respectively 23,957 22,055
Intangible assets, net of accumulated amortization of $9,254 and $8,264, respectively 16,748 17,738
Goodwill 207,781 207,781
Contract assets, noncurrent 351 352
Deferred contract costs, noncurrent 6,183 5,806
Operating lease right-of-use assets 11,879 12,529
Long-term investments 25,177 25,748
Other assets, noncurrent 61 73
Total assets 734,603 742,819
Current liabilities:    
Accounts payable 2,087 4,582
Accrued expenses and other current liabilities 67,144 68,240
Unearned revenue 2,683 1,533
Operating lease liabilities, current 2,875 2,859
Total current liabilities 74,789 77,214
Unearned revenue, noncurrent 114 57
Operating lease liabilities, noncurrent 13,257 13,968
Other liabilities, noncurrent 0 109
Total liabilities 88,160 91,348
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Class A common stock, $0.001 par value; 1,700,000,000 shares authorized at March 31, 2024 and December 31, 2023; 106,952,231 and 108,469,679 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively. Class B common stock, $0.001 par value; 185,000,000 shares authorized at March 31, 2024 and December 31, 2023; 54,891,834 and 54,891,834 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 162 163
Preferred stock, $0.001 par value; 20,000,000 shares authorized at March 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 864,610 867,152
Accumulated deficit (218,185) (215,829)
Accumulated other comprehensive loss (144) (15)
Total stockholders’ equity 646,443 651,471
Total liabilities and stockholders’ equity $ 734,603 $ 742,819