XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 312,518 $ 296,712
Marketable securities (amortized cost of $291,017 and $286,001 at June 30, 2023 and December 31, 2022, respectively) 290,445 285,493
Accounts receivable, net of allowances for credit losses of $3,564 and $4,113 at June 30, 2023 and December 31, 2022, respectively 125,577 148,683
Contract cost asset, current 25,655 23,600
Prepaid expenses and other current assets 43,711 44,731
Total current assets 797,906 799,219
Capitalized software development costs, net 70,397 58,577
Property and equipment, net 37,121 39,193
Right of use assets - finance leases 35,681 37,026
Right of use assets - operating leases 40,223 41,934
Contract cost asset, non-current 42,112 40,477
Intangible assets, net 144,517 162,953
Goodwill 539,355 539,128
Other assets 18,640 21,903
Total assets 1,725,952 1,740,410
Current liabilities    
Accounts payable 15,539 14,282
Accrued expenses 60,090 99,182
Deferred revenue, current 416,788 396,535
Other current liabilities 27,468 21,639
Total current liabilities 519,885 531,638
Deferred revenue, non-current 5,145 5,278
Finance lease liabilities, non-current 44,574 45,578
Operating lease liabilities, non-current 35,630 38,087
Other liabilities, non-current 4,283 3,049
Total liabilities 609,517 623,630
Commitments and contingencies (Note 8)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 100,000,000 shares authorized at June 30, 2023 and December 31, 2022; 0 shares issued and outstanding at June 30, 2023 and December 31, 2022. 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized at June 30, 2023 and December 31, 2022; 142,200,781 and 139,159,534 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively. 14 14
Additional paid-in capital 2,183,893 2,068,225
Accumulated other comprehensive loss (2,001) (2,316)
Accumulated deficit (1,065,471) (949,143)
Total stockholders’ equity 1,116,435 1,116,780
Total liabilities and stockholders’ equity $ 1,725,952 $ 1,740,410