v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 86,437 $ 49,760
Marketable securities 3,745 44,645
Accounts receivable, net of allowances of $2,169 and $2,177 at December 31, 2024 and 2023, respectively 84,033 63,489
Deferred commissions 20,184 27,725
Prepaid expenses and other assets 15,816 10,324
Total current assets 210,215 195,943
Marketable securities, noncurrent 0 3,699
Property and equipment, net 10,951 11,407
Deferred commissions, net of current portion 51,653 26,240
Operating lease, right-of-use asset 11,326 8,729
Goodwill 121,315 121,404
Intangible assets, net 21,914 28,065
Other assets, net 967 1,098
Total assets 428,341 396,585
Current liabilities    
Accounts payable 6,984 6,933
Deferred revenue 178,585 140,536
Operating lease liability 3,747 3,948
Accrued wages and payroll related benefits 20,567 18,362
Accrued expenses and other 10,869 11,260
Total current liabilities 220,752 181,039
Revolving credit facility 25,000 55,000
Deferred revenue, net of current portion 1,101 920
Operating lease liability, net of current portion 14,543 15,083
Other noncurrent liabilities 351 351
Total liabilities 261,747 252,393
Commitments and contingencies (Note 11)
Stockholders’ equity    
Additional paid-in capital 558,391 471,789
Treasury stock, at cost (37,422) (35,113)
Accumulated other comprehensive loss 3 (77)
Accumulated deficit (354,383) (292,412)
Total stockholders’ equity 166,594 144,192
Total liabilities and stockholders’ equity 428,341 396,585
Class A common stock    
Stockholders’ equity    
Common stock 4 4
Class B common stock    
Stockholders’ equity    
Common stock $ 1 $ 1