v3.24.3
Balance Sheet Components
9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components
6. Balance Sheet Components
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following:
September 30,
2024
December 31,
2023
(in thousands)
Prepaid expenses$19,424 $11,930 
Other receivables 6,533 4,695 
Interest receivable 3,495 3,071 
Other 2,522 1,590 
Total prepaid expenses and other current assets$31,974 $21,286 
Property and Equipment, Net
Property and equipment, net consisted of the following:
September 30,
2024
December 31,
2023
(in thousands)
Computer equipment, furniture, and fixtures$16,380 $14,136 
Leasehold improvements7,647 7,597 
Construction-in-progress 439 — 
Total property and equipment 24,466 21,733 
Less: accumulated depreciation(10,691)(6,787)
Total property and equipment, net $13,775 $14,946 
Depreciation expense was immaterial for the three and nine months ended September 30, 2024 and 2023.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
September 30,
2024
December 31,
2023
(in thousands)
Accrued compensation and benefits$59,667 $37,964 
Deferred revenue12,879 7,250 
Accrued expenses17,259 26,740 
Revenue share payable and other2,499 2,549 
Holdback liability from acquisitions— 6,111 
Other12,540 2,735 
Total accrued expenses and other current liabilities$104,844 $83,349