v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 320,294 $ 229,655
Restricted cash 1,854 3,977
Investments 87,558 94,353
Accounts receivable, net 57,924 42,899
Contract assets, current portion, net 7,228 9,193
Prepaid expenses and other current assets 17,559 11,625
Deferred solution and other costs, current portion 24,256 27,521
Deferred implementation costs, current portion 9,666 8,741
Total current assets 526,339 427,964
Property and equipment, net 34,248 41,178
Right of use assets 31,055 35,453
Deferred solution and other costs, net of current portion 28,798 26,090
Deferred implementation costs, net of current portion 24,795 21,480
Intangible assets, net 101,147 121,572
Goodwill 512,869 512,869
Contract assets, net of current portion and allowance 10,072 12,210
Other long-term assets 3,492 2,609
Total assets 1,272,815 1,201,425
Current liabilities:    
Accounts payable 13,230 19,353
Accrued liabilities 19,615 16,471
Accrued compensation 25,908 26,580
Deferred revenues, current portion 141,267 118,723
Lease liabilities, current portion 10,784 10,436
Total current liabilities 210,804 191,563
Convertible notes, net of current portion 491,951 490,464
Deferred revenues, net of current portion 25,324 17,350
Lease liabilities, net of current portion 39,357 45,588
Other long-term liabilities 10,262 7,981
Total liabilities 777,698 752,946
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock: $0.0001 par value; 5,000 shares authorized, no shares issued or outstanding as of September 30, 2024 and December 31, 2023 0 0
Common stock: $0.0001 par value; 150,000 shares authorized, 60,401 issued and outstanding as of September 30, 2024 and 59,031 shares issued and outstanding as of December 31, 2023 6 6
Additional paid-in capital 1,160,098 1,075,278
Accumulated other comprehensive loss (593) (1,111)
Accumulated deficit (664,394) (625,694)
Total stockholders' equity 495,117 448,479
Total liabilities and stockholders' equity $ 1,272,815 $ 1,201,425