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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 145,957 $ 210,782
Restricted cash 0 2,143
Accounts receivable, net of allowance for credit losses of $9,356 and $9,290 as of June 30, 2024 and December 31, 2023, respectively 56,351 81,802
Prepaid expenses and other current assets (Note 1) 18,132 26,981
Total current assets 220,440 321,708
Operating lease right-of-use assets (Note 9) 260 4,135
Property and equipment, net (Note 6) 106,948 119,325
Contract acquisition costs, net 36,864 37,354
Intangible assets, net (Note 5) 52,956 61,625
Goodwill (Note 5) 280,726 285,631
Deferred tax assets 4,441 4,527
Other assets 1,133 1,208
Total assets 703,768 835,513
Current liabilities:    
Accounts payable 13,878 13,555
Accrued expenses and other current liabilities (Note 7) 68,237 97,024
Deferred revenue (Note 2) 79,356 81,858
Convertible senior notes (Note 8) 0 72,393
Operating lease liabilities (Note 9) 268 2,719
Total current liabilities 161,739 267,549
Convertible senior notes, net of current portion (Note 8) 468,666 511,565
Operating lease liabilities, net of current portion (Note 9) 0 2,173
Deferred tax liabilities 3,075 2,930
Other liabilities 3,682 3,158
Total liabilities 637,162 787,375
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.001 par value - 5,000,000 shares authorized, none issued 0 0
Common stock, $0.001 par value - 200,000,000 shares authorized, 91,752,520 and 90,603,519 shares issued, 88,986,447 and 87,837,446 shares outstanding as of June 30, 2024 and December 31, 2023, respectively. 92 91
Treasury stock - 2,766,073 shares as of June 30, 2024 and December 31, 2023 (3) (3)
Additional paid-in capital 927,529 913,522
Accumulated deficit (850,824) (856,988)
Accumulated other comprehensive loss (10,188) (8,484)
Total stockholders’ equity 66,606 48,138
Total liabilities and stockholders’ equity $ 703,768 $ 835,513