v3.25.3
Balance Sheet Components
9 Months Ended
Sep. 30, 2025
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,
2025
December 31,
2024
(in thousands)
Prepaid expenses$20,027 $14,583 
Other receivables 24,239 11,500 
Interest receivable 8,046 4,695 
Other 3,810 2,280 
Total prepaid expenses and other current assets$56,122 $33,058 
Property and Equipment, Net
Property and equipment, net consisted of the following:
September 30,
2025
December 31,
2024
(in thousands)
Computer equipment, furniture, and fixtures$18,586 $15,832 
Leasehold improvements8,044 8,017 
Construction-in-progress 1,175 — 
Total property and equipment 27,805 23,849 
Less: accumulated depreciation(14,869)(11,197)
Total property and equipment, net $12,936 $12,652 
Depreciation expense was immaterial for the three and nine months ended September 30, 2025 and 2024.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following:
September 30,
2025
December 31,
2024
(in thousands)
Accrued compensation and benefits$74,390 $63,441 
Deferred revenue20,319 14,805 
Accrued expenses39,360 31,817 
Accrued revenue share payable and other3,088 6,939 
Other11,243 7,462 
Total accrued expenses and other current liabilities$148,400 $124,464 
Other Noncurrent Liabilities
Other noncurrent liabilities consisted of the following:
September 30,
2025
December 31,
2024
(in thousands)
Accrued customer incentives$19,093 $9,100 
Other133 157 
Total other noncurrent liabilities$19,226 $9,257