Balance Sheet

v3.25.1

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 53,410	$ 51,596
Short-term investments	44,819	47,534
Accounts receivable, net	3,131	3,743
Deferred contract costs, net	11,979	11,568
Prepaid expenses and other current assets	6,919	6,298
Total current assets	120,258	120,739
Non-current assets:
Property and equipment, net	8,562	8,443
Operating lease right-of-use assets	36,535	37,516
Finance lease right-of-use assets	11,057	10,650
Deferred contract costs, net, less current portion	9,933	9,487
Other non-current assets	1,965	2,091
TOTAL ASSETS	188,310	188,926
Current liabilities:
Accounts payable	4,865	8,276
Accrued liabilities and other	20,550	17,638
Deferred revenue	38,864	39,987
Current portion of operating lease liabilities	4,194	4,119
Current portion of finance lease liabilities	6,696	6,600
Total current liabilities	75,169	76,620
Non-current liabilities:
Operating lease liabilities, less current portion	37,875	38,961
Finance lease liabilities, less current portion	6,685	6,377
Total liabilities	119,729	121,958
COMMITMENTS AND CONTINGENCIES (Note 12)
Stockholders' equity:
Preferred stock, $0.00001 par value per share; 10,000,000 shares authorized, zero shares issued and outstanding as of March 31, 2025 and December 31, 2024	0	0
Common stock, $0.00001 par value per share; 500,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 74,914,866 and 73,225,253 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	0	0
Additional paid-in capital	368,919	358,549
Accumulated deficit	(299,838)	(291,013)
Accumulated other comprehensive loss	(500)	(568)
Total stockholders' equity	68,581	66,968
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 188,310	$ 188,926

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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