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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 198,716 $ 213,629
Short-term investments 213,001 169,544
Accounts receivable, net of allowance for credit losses of $970 and $951 at March 31, 2024 and December 31, 2023, respectively 124,595 164,862
Deferred contract acquisition and fulfillment costs, current portion 47,003 45,008
Prepaid expenses and other current assets 42,552 41,407
Total current assets 625,867 634,450
Long-term investments 52,454 56,171
Property and equipment, net 37,266 39,642
Operating lease right-of-use assets 53,036 54,693
Deferred contract acquisition and fulfillment costs, non-current portion 75,287 76,601
Goodwill 536,351 536,351
Intangible assets, net 88,844 94,546
Other assets 19,368 12,894
Total assets 1,488,473 1,505,348
Current liabilities:    
Accounts payable 11,516 15,812
Accrued expenses and other current liabilities 60,605 85,025
Operating lease liabilities, current portion 14,257 13,452
Deferred revenue, current portion 437,687 455,503
Total current liabilities 524,065 569,792
Convertible senior notes, net 931,001 929,996
Operating lease liabilities, non-current portion 77,069 81,130
Deferred revenue, non-current portion 29,207 32,577
Other long-term liabilities 13,580 10,032
Total liabilities 1,574,922 1,623,527
Stockholders’ deficit:    
Preferred stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2024 and December 31, 2023; 0 shares issued and outstanding at March 31, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2024 and December 31, 2023; $62,838,127 and 62,283,630 shares issued at March 31, 2024 and December 31, 2023, respectively; $62,268,548 and $61,714,051 shares outstanding at March 31, 2024 and December 31, 2023, respectively 623 617
Treasury stock, at cost, 569,579 shares at March 31, 2024 and December 31, 2023 (4,765) (4,765)
Additional paid-in-capital 925,661 894,630
Accumulated other comprehensive (loss) income (221) 1,344
Accumulated deficit (1,007,747) (1,010,005)
Total stockholders’ deficit (86,449) (118,179)
Total liabilities and stockholders’ deficit $ 1,488,473 $ 1,505,348
Common stock, shares outstanding (in shares) 62,268,548 61,714,051
Treasury stock, at cost (in shares) 569,579 569,579