v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 439,872 $ 317,236
Marketable securities 0 94,532
Accounts receivable, less allowance for credit losses of $5,664 and $5,848, respectively 68,936 62,186
Prepaid expenses and other current assets 43,198 29,040
Total current assets 552,006 502,994
Noncurrent assets:    
Property and equipment, net 371,000 305,444
Restricted cash 1,747 1,747
Goodwill 348,674 348,322
Intangible assets, net 123,110 140,151
Operating lease right-of-use assets, net 121,430 155,201
Deferred tax assets 2,035 1,994
Other assets 6,476 5,114
Total assets 1,526,478 1,460,967
Current liabilities:    
Accounts payable 12,946 3,957
Accrued other expenses 28,065 31,046
Deferred revenue 5,575 5,340
Operating lease liabilities, current 68,113 81,320
Other current liabilities 61,311 70,982
Total current liabilities 176,010 192,645
Noncurrent liabilities:    
Deferred tax liabilities 3,518 3,533
Long-term debt 1,483,470 1,477,798
Operating lease liabilities, non-current 73,556 91,161
Other long-term liabilities 1,627 9,528
Total liabilities 1,738,181 1,774,665
Commitments and Contingencies (Note 8)
Preferred stock ($0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2024 and December 31, 2023) 0 0
Common stock ($0.000025 par value per share; 750,000,000 shares authorized; 92,397,303 and 90,243,442 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively) 2 2
Additional paid-in capital 65,701 30,989
Accumulated other comprehensive loss (398) (452)
Accumulated deficit (277,008) (344,237)
Total stockholders’ deficit (211,703) (313,698)
Total liabilities and stockholders’ deficit $ 1,526,478 $ 1,460,967