v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 56,148 $ 63,341
Marketable securities 317,004 341,429
Accounts receivable, net of allowance of $432 and $491 as of March 31, 2026 and December 31, 2025, respectively 32,670 34,385
Prepaid expenses and other current assets 10,097 9,084
Total current assets 415,919 448,239
Restricted cash, non-current 7,541 8,379
Property and equipment, net 1,448 1,639
Operating lease right-of-use assets 10,815 11,575
Goodwill 1,211 1,211
Other assets 15,582 15,760
Total assets 452,516 486,803
Current liabilities:    
Accounts payable 678 2,498
Operating lease liabilities, current 8,871 8,900
Accrued expenses and other current liabilities 20,139 20,550
Total current liabilities 29,688 31,948
Operating lease liabilities, non-current 21,122 23,351
Other liabilities, non-current 225 221
Total liabilities 51,035 55,520
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Additional paid-in capital 1,330,804 1,347,968
Accumulated other comprehensive income 343 1,563
Accumulated deficit (929,704) (918,287)
Total stockholders’ equity 401,481 431,283
Total liabilities and stockholders’ equity 452,516 486,803
Class A Common Stock    
Stockholders’ equity:    
Common stock 25 26
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 13 $ 13