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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 427,656 $ 357,790
Marketable securities (amortized cost of $317,175 and $320,166 at March 31, 2024 and December 31, 2023, respectively) 316,963 320,161
Accounts receivable, net of allowance for credit losses of $3,279 and $4,791 at March 31, 2024 and December 31, 2023, respectively 138,996 206,644
Contract cost asset, current 29,618 28,718
Prepaid expenses and other current assets 41,707 42,421
Total current assets 954,940 955,734
Capitalized software development costs, net 88,409 83,045
Property and equipment, net 35,417 36,258
Right of use assets - finance leases 33,712 34,375
Right of use assets - operating leases 36,727 44,141
Contract cost asset, non-current 43,757 44,564
Intangible assets, net 127,747 137,546
Goodwill 539,131 539,354
Other assets 18,870 18,551
Total assets 1,878,710 1,893,568
Current liabilities    
Accounts payable 16,446 13,177
Accrued expenses 67,008 100,075
Deferred revenue, current 487,944 501,903
Other current liabilities 23,585 27,275
Total current liabilities 594,983 642,430
Deferred revenue, non-current 7,403 7,692
Finance lease liabilities, non-current 43,076 43,581
Operating lease liabilities, non-current 33,691 37,923
Other liabilities, non-current 5,876 6,332
Total liabilities 685,029 737,958
Contingencies (Note 8)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 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, $0.0001 par value, 1,000,000,000 shares authorized at March 31, 2024 and December 31, 2023; 146,271,803 and 144,806,464 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively. 15 15
Additional paid-in capital 2,345,537 2,295,807
Accumulated other comprehensive loss (2,068) (1,375)
Accumulated deficit (1,149,803) (1,138,837)
Total stockholders’ equity 1,193,681 1,155,610
Total liabilities and stockholders’ equity $ 1,878,710 $ 1,893,568