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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 236,975 $ 213,629
Short-term investments 205,671 169,544
Accounts receivable, net of allowance for credit losses of $1,380 and $951 at June 30, 2024 and December 31, 2023, respectively 143,671 164,862
Deferred contract acquisition and fulfillment costs, current portion 48,880 45,008
Prepaid expenses and other current assets 39,194 41,407
Total current assets 674,391 634,450
Long-term investments 51,434 56,171
Property and equipment, net 34,884 39,642
Operating lease right-of-use assets 50,645 54,693
Deferred contract acquisition and fulfillment costs, non-current portion 74,693 76,601
Goodwill 536,351 536,351
Intangible assets, net 84,019 94,546
Other assets 20,176 12,894
Total assets 1,526,593 1,505,348
Current liabilities:    
Accounts payable 12,820 15,812
Accrued expenses and other current liabilities 67,242 85,025
Convertible senior notes, current portion, net 45,737 0
Operating lease liabilities, current portion 15,592 13,452
Deferred revenue, current portion 437,222 455,503
Total current liabilities 578,613 569,792
Convertible senior notes non-current portion, net 886,272 929,996
Operating lease liabilities, non-current portion 73,425 81,130
Deferred revenue, non-current portion 27,512 32,577
Other long-term liabilities 13,691 10,032
Total liabilities 1,579,513 1,623,527
Stockholders’ deficit:    
Preferred stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2024 and December 31, 2023; 0 shares issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2024 and December 31, 2023; $63,271,273 and 62,283,630 shares issued at June 30, 2024 and December 31, 2023, respectively; $62,701,694 and $61,714,051 shares outstanding at June 30, 2024 and December 31, 2023, respectively 627 617
Treasury stock, at cost, 569,579 shares at June 30, 2024 and December 31, 2023 (4,765) (4,765)
Additional paid-in-capital 951,621 894,630
Accumulated other comprehensive (loss) income (851) 1,344
Accumulated deficit (999,552) (1,010,005)
Total stockholders’ deficit (52,920) (118,179)
Total liabilities and stockholders’ deficit $ 1,526,593 $ 1,505,348