Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of prepaid expenses and other current assets

Prepaid expenses and other current assets consisted of the following (in thousands):

	As of June 30, 2023		As of December 31, 2022
Prepaid expenses	$	6,491	$	6,069
Contract cost assets – current	3,471		2,938
Other	1,351		440
Total prepaid expenses and other current assets	$	11,313	$	9,447

Summary of property and equipment, net

Property and equipment, net consisted of the following (in thousands):

	As of June 30, 2023		As of December 31, 2022
Computer equipment and software	$	8,083	$	7,854
Leasehold improvements	2,732		2,732
Office equipment and furniture	986		978
Total	11,801		11,564
Less: Accumulated depreciation	(8,310)		(7,319)
Property and equipment, net	$	3,491	$	4,245

Summary of intangible assets, net and estimated useful lives and weighted average amortization periods

Intangible assets, net consisted of the following (in thousands):

	As of June 30, 2023
	Gross Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	343,300	$	(149,392)	$	193,908
Developed technology	96,400		(46,427)		49,973
Trademarks	24,975		(11,547)		13,428
Non-competition agreements	5,500		(1,253)		4,247
Capitalized software	24,141		(11,489)		12,652
Total intangible assets, net	$	494,316	$	(220,108)	$	274,208

	As of December 31, 2022
	Gross Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	343,300	$	(132,298)	$	211,002
Developed technology	96,400		(40,360)		56,040
Trademarks	24,975		(10,205)		14,770
Non-competition agreements	5,500		(688)		4,812
Capitalized software	19,443		(8,592)		10,851
Total intangible assets, net	$	489,618	$	(192,143)	$	297,475

The weighted average remaining useful lives for intangible assets at June 30, 2023, were as follows:

	Weighted Average Remaining Useful Life
Customer relationships	6 years
Developed technology	7 years
Trademarks	6 years
Non-competition agreements	4 years
Capitalized software	3 years

Summary of amortization expense related to intangible assets

Amortization expense related to intangible assets was as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Cost of revenues	$	4,510	$	3,850	$	8,964	$	7,284
General and administrative expense	9,419		9,042		19,001		17,951
Total amortization expense	$	13,929	$	12,892	$	27,965	$	25,235

Schedule of estimated future amortization of intangible assets

The estimated future amortization of intangible assets as of June 30, 2023, was as follows (in thousands):

Years ending December 31,
2023 (remaining six months)	$	27,702
2024	54,324
2025	48,443
2026	42,920
2027	42,052
Thereafter	58,767
Total amortization expense	$	274,208

Summary of accrued liabilities

Accrued liabilities consisted of the following (in thousands):

	As of June 30, 2023		As of December 31, 2022
Accrued payroll and payroll-related expenses	$	10,070	$	9,836
Accrued bonuses	5,149		5,947
Sales tax liability from acquisitions	4,572		4,572
Accrued operating costs	3,870		4,016
Accrued costs of revenues	3,354		3,141
Lease liability – current	1,213		1,223
User conference	—		755
Other accrued expenses	2,555		3,010
Total accrued liabilities	$	30,783	$	32,500