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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 586,566 $ 75,756
Accounts receivable, net of allowances of $719 and $631, respectively 47,944 45,641
Contract assets 674 356
Deferred contract costs 2,047 1,830
Prepaid expenses and other current assets 2,675 1,661
Total current assets 639,906 125,244
Property and equipment, net 2,206 2,241
Contract assets, noncurrent 610 503
Deferred contract costs, noncurrent 3,351 3,346
Deferred offering costs 0 2,792
Security deposit 298 298
Total assets 646,371 134,424
Current liabilities:    
Accounts payable 6,151 9,104
Accrued expenses and other current liabilities 70,976 42,578
Unearned revenue 1,016 585
Redeemable convertible preferred stock warrant liability 0 19,735
Total current liabilities 78,143 72,002
Unearned revenue, noncurrent 375 435
Deferred rent, noncurrent 2,344 2,402
Other liabilities, noncurrent 271 329
Total liabilities 81,133 75,168
Commitments and contingencies
Redeemable convertible preferred stock, $0.001 par value, zero and 60,509,120 shares authorized at March 31, 2021 and December 31, 2020, respectively; zero and 58,962,749 issued and outstanding at March 31, 2021 and December 31, 2020, respectively 0 111,737
Stockholders’ equity (deficit):    
Class A common stock, $0.001 par value; 1,700,000,000 and zero shares authorized at March 31, 2021 and December 31, 2020, respectively; 26,932,253 and zero shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively. Class B common stock, $0.001 par value; 185,000,000 shares authorized at March 31, 2021 and December 31, 2020, respectively; 120,066,125 and 22,320,286 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 147 22
Preferred stock, $0.001 par value; 20,000,000 and zero shares authorized at March 31, 2021 and December 31, 2020, respectively. 0 0
Additional paid-in capital 660,849 16,798
Accumulated deficit (95,758) (69,301)
Total stockholders’ equity (deficit) 565,238 (52,481)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 646,371 $ 134,424