Magnite, Inc(NASDAQ:MGNI)

Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's advertising platform enables publishers to monetize various screens and formats, including CTV, desktop display, video, audio, and mobile, as well as allows agencies and brand...
Website: http://www.rubiconproject.com
Founded: 2007
Full Time Employees: 444
CEO: Michael G. Barrett
Sector: Communication Services
Industry: Advertising Agencies
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Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 205,356,000 | 179,494,000 | 173,332,000 | 155,771,000 | 193,968,000 | 162,003,000 | 162,880,000 | 149,319,000 | 186,932,000 | 150,085,000 | 152,543,000 | 130,150,000 | 175,399,000 | 145,815,000 | 137,780,000 | 118,075,000 | 161,286,000 | 131,871,000 | 114,541,000 | 60,715,000 | 82,003,000 | 60,982,000 | 42,348,000 | 36,295,000 | 48,486,000 | 37,642,000 | 37,870,000 | 32,416,000 | 41,432,000 | 29,729,000 | 28,648,000 | 24,876,000 | 31,397,000 | 35,211,000 | 42,922,000 | 46,015,000 | 72,667,000 | 65,811,000 | 70,511,000 | 69,232,000 | 94,007,000 | 64,253,000 | 53,046,000 | 37,178,000 | 41,832,000 | 32,165,000 | 28,283,000 | 23,015,000 |
yoy | 5.87% | 10.80% | 6.42% | 4.32% | 3.76% | 7.94% | 6.78% | 14.73% | 6.58% | 2.93% | 10.71% | 10.23% | 8.75% | 10.57% | 20.29% | 94.47% | 96.68% | 116.25% | 170.48% | 67.28% | 69.13% | 62.01% | 11.82% | 11.97% | 17.03% | 26.62% | 32.19% | 30.31% | 31.96% | -15.57% | -33.26% | -45.94% | -56.79% | -46.50% | -39.13% | -33.54% | -22.70% | 2.42% | 32.92% | 86.22% | 124.73% | 99.76% | 87.55% | 61.54% | ||||
qoq | 14.41% | 3.56% | 11.27% | -19.69% | 19.73% | -0.54% | 9.08% | -20.12% | 24.55% | -1.61% | 17.21% | -25.80% | 20.29% | 5.83% | 16.69% | -26.79% | 22.31% | 15.13% | 88.65% | -25.96% | 34.47% | 44.00% | 16.68% | -25.14% | 28.81% | -0.60% | 16.83% | -21.76% | 39.37% | 3.77% | 15.16% | -20.77% | -10.83% | -17.97% | -6.72% | -36.68% | 10.42% | -6.67% | 1.85% | -26.35% | 46.31% | 21.13% | 42.68% | -11.13% | 30.05% | 13.73% | 22.89% | |
expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenue | 69,511,000 | 69,356,000 | 64,953,000 | 62,799,000 | 67,786,000 | 62,544,000 | 62,606,000 | 65,902,000 | 70,025,000 | 84,878,000 | 130,175,000 | 124,828,000 | 111,015,000 | 71,753,000 | 65,001,000 | 59,396,000 | 66,839,000 | 63,541,000 | 50,526,000 | 20,756,000 | 21,168,000 | 21,031,000 | 21,545,000 | 14,003,000 | 13,321,000 | 13,869,000 | 15,085,000 | 15,116,000 | 15,489,000 | 14,687,000 | 15,044,000 | 14,783,000 | 15,465,000 | 12,985,000 | 13,698,000 | 14,688,000 | 21,126,000 | 17,798,000 | 17,540,000 | 16,783,000 | 21,369,000 | 16,556,000 | 14,009,000 | 6,561,000 | 6,298,000 | 5,144,000 | 4,852,000 | 4,460,000 |
sales and marketing | 40,891,000 | 40,348,000 | 42,323,000 | 48,106,000 | 40,628,000 | 39,585,000 | 42,240,000 | 43,689,000 | 37,575,000 | 38,227,000 | 45,131,000 | 53,049,000 | 48,406,000 | 49,848,000 | 51,827,000 | 50,000,000 | 52,284,000 | 52,260,000 | 43,273,000 | 22,589,000 | 22,971,000 | 21,761,000 | 20,029,000 | 11,426,000 | 11,414,000 | 11,040,000 | 11,519,000 | 10,592,000 | 10,510,000 | 10,654,000 | 11,135,000 | 12,257,000 | 12,134,000 | 12,503,000 | 12,529,000 | 14,628,000 | 18,449,000 | 21,635,000 | 21,966,000 | 21,278,000 | 23,306,000 | 22,817,000 | 22,161,000 | 15,049,000 | 12,340,000 | 11,540,000 | 10,296,000 | 9,027,000 |
technology and development | 20,639,000 | 20,198,000 | 21,583,000 | 22,292,000 | 22,262,000 | 20,261,000 | 25,829,000 | 26,891,000 | 23,183,000 | 23,537,000 | 23,383,000 | 24,215,000 | 22,543,000 | 25,134,000 | 23,037,000 | 23,043,000 | 21,013,000 | 21,059,000 | 18,111,000 | 14,266,000 | 14,228,000 | 13,562,000 | 13,063,000 | 10,696,000 | 10,421,000 | 10,293,000 | 9,839,000 | 9,716,000 | 8,825,000 | 9,299,000 | 9,245,000 | 10,494,000 | 11,123,000 | 11,580,000 | 12,044,000 | 12,753,000 | 12,934,000 | 12,513,000 | 13,294,000 | 12,443,000 | 11,429,000 | 11,822,000 | 10,390,000 | 8,414,000 | 7,677,000 | 5,766,000 | 4,598,000 | 4,677,000 |
general and administrative | 22,188,000 | 24,551,000 | 22,514,000 | 23,938,000 | 23,074,000 | 24,490,000 | 22,631,000 | 26,665,000 | 21,025,000 | 21,286,000 | 25,649,000 | 21,088,000 | 21,977,000 | 20,235,000 | 20,466,000 | 18,704,000 | 17,116,000 | 16,535,000 | 16,980,000 | 14,158,000 | 14,766,000 | 13,314,000 | 15,780,000 | 10,897,000 | 12,344,000 | 9,121,000 | 10,027,000 | 10,280,000 | 9,091,000 | 9,355,000 | 11,441,000 | 12,544,000 | 12,517,000 | 13,644,000 | 14,355,000 | 15,080,000 | 15,337,000 | 16,238,000 | 16,390,000 | 20,605,000 | 19,711,000 | 18,225,000 | 17,984,000 | 14,279,000 | 15,268,000 | 15,157,000 | 15,653,000 | 11,320,000 |
total expenses | 153,391,000 | 154,453,000 | 151,373,000 | 157,135,000 | 153,750,000 | 146,880,000 | 153,306,000 | 163,147,000 | 151,808,000 | 167,928,000 | 224,338,000 | 230,645,000 | 203,941,000 | 166,970,000 | 161,043,000 | 157,899,000 | 157,651,000 | 155,819,000 | 161,522,000 | 74,491,000 | 74,008,000 | 71,922,000 | 82,910,000 | 47,022,000 | 47,500,000 | 44,323,000 | 46,470,000 | 45,704,000 | 43,915,000 | 43,995,000 | 47,839,000 | 52,544,000 | 55,824,000 | 140,963,000 | 54,247,000 | 61,487,000 | 94,635,000 | 68,184,000 | 69,190,000 | 71,109,000 | 75,815,000 | 69,420,000 | 64,544,000 | 44,303,000 | 41,583,000 | 37,607,000 | 35,399,000 | 29,484,000 |
income from operations | 51,965,000 | 25,041,000 | 21,959,000 | -1,364,000 | 40,218,000 | 15,123,000 | 9,574,000 | -13,828,000 | 35,124,000 | -17,843,000 | -71,795,000 | -100,495,000 | -28,542,000 | -21,155,000 | -23,263,000 | -39,824,000 | 3,635,000 | -23,948,000 | -46,981,000 | -13,776,000 | 7,995,000 | -10,940,000 | -40,562,000 | -10,727,000 | 986,000 | -6,681,000 | -8,600,000 | -13,288,000 | -2,483,000 | -14,266,000 | -19,191,000 | -27,668,000 | -24,427,000 | -105,752,000 | -11,325,000 | -15,472,000 | -21,968,000 | -2,373,000 | 1,321,000 | -1,877,000 | 18,192,000 | -5,167,000 | -11,498,000 | -7,125,000 | 249,000 | -5,442,000 | -7,116,000 | -6,469,000 |
yoy | 29.21% | 65.58% | 129.36% | -90.14% | 14.50% | -184.76% | -113.34% | -86.24% | -223.06% | -15.66% | 208.62% | 152.35% | -885.20% | -11.66% | -50.48% | 189.08% | -54.53% | 118.90% | 15.83% | 28.42% | 710.85% | 63.75% | 371.65% | -19.27% | -139.71% | -53.17% | -55.19% | -51.97% | -89.84% | -86.51% | 69.46% | 78.83% | 11.19% | 4356.47% | -957.31% | 724.29% | -220.76% | -54.07% | -111.49% | -73.66% | 7206.02% | -5.05% | 61.58% | 10.14% | ||||
qoq | 107.52% | 14.04% | -1709.90% | -103.39% | 165.94% | 57.96% | -169.24% | -139.37% | -296.85% | -75.15% | -28.56% | 252.10% | 34.92% | -9.06% | -41.59% | -1195.57% | -115.18% | -49.03% | 241.04% | -272.31% | -173.08% | -73.03% | 278.13% | -1187.93% | -114.76% | -22.31% | -35.28% | 435.16% | -82.59% | -25.66% | -30.64% | 13.27% | -76.90% | 833.79% | -26.80% | -29.57% | 825.75% | -279.64% | -170.38% | -110.32% | -452.08% | -55.06% | 61.38% | -2961.45% | -104.58% | -23.52% | 10.00% | |
operating margin % | 25.30% | 13.95% | 12.67% | -0.88% | 20.73% | 9.34% | 5.88% | -9.26% | 18.79% | -11.89% | -47.07% | -77.21% | -16.27% | -14.51% | -16.88% | -33.73% | 2.25% | -18.16% | -41.02% | -22.69% | 9.75% | -17.94% | -95.78% | -29.56% | 2.03% | -17.75% | -22.71% | -40.99% | -5.99% | -47.99% | -66.99% | -111.22% | -77.80% | -300.34% | -26.39% | -33.62% | -30.23% | -3.61% | 1.87% | -2.71% | 19.35% | -8.04% | -21.68% | -19.16% | 0.60% | -16.92% | -25.16% | -28.11% |
other expense: | ||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 4,007,000 | 4,668,000 | 5,071,000 | 5,177,000 | 5,433,000 | 6,848,000 | 6,793,000 | 7,958,000 | 8,100,000 | 7,574,000 | 8,520,000 | 8,175,000 | 7,987,000 | 7,016,000 | 7,146,000 | 7,111,000 | 7,253,000 | 7,280,000 | 5,172,000 | 143,000 | 62,000 | 30,000 | 2,000 | -131,000 | -94,000 | -45,000 | -37,000 | 11,000 | 12,000 | 16,000 | 23,000 | 14,000 | 57,000 | |||||||||||||||
foreign exchange loss | 227,000 | -416,000 | 4,944,000 | 2,217,000 | -6,303,000 | 3,019,000 | 516,000 | -2,315,000 | 233,000 | 926,000 | -122,000 | -1,246,000 | 15,000 | 3,065,000 | 293,000 | -440,000 | -698,000 | -143,000 | 301,000 | -26,000 | -120,000 | -797,000 | 554,000 | 72,000 | 242,000 | 479,000 | 372,000 | -578,000 | 261,000 | -19,000 | -38,000 | 847,000 | -2,190,000 | -1,223,000 | -826,000 | 382,000 | 548,000 | |||||||||||
loss on extinguishment of debt | 2,152,000 | 319,000 | 7,387,000 | |||||||||||||||||||||||||||||||||||||||||||||
other income | -343,000 | -154,000 | -153,000 | -423,000 | -1,170,000 | -1,306,000 | -1,284,000 | -1,292,000 | -1,287,000 | -1,346,000 | -1,358,000 | -1,313,000 | -1,327,000 | -1,369,000 | -1,359,000 | -1,263,000 | -1,133,000 | -955,000 | -1,139,000 | -1,223,000 | -1,178,000 | -1,194,000 | -1,284,000 | -9,000 | -49,000 | -48,000 | -46,000 | -142,000 | -140,000 | -206,000 | -210,000 | -210,000 | -186,000 | -123,000 | -167,000 | -212,000 | -166,000 | -191,000 | -197,000 | |||||||||
total other expense | 3,891,000 | 4,098,000 | 9,862,000 | 9,123,000 | -2,040,000 | 8,880,000 | 6,025,000 | 11,738,000 | 1,960,000 | 601,000 | 1,431,000 | -1,454,000 | 10,573,000 | 3,671,000 | 1,795,000 | 6,774,000 | 5,998,000 | 5,079,000 | 3,906,000 | -1,065,000 | -34,000 | -1,281,000 | 73,000 | 84,000 | -7,000 | -271,250 | -346,000 | -906,000 | 167,000 | -64,000 | -75,000 | 858,000 | -2,178,000 | -1,207,000 | -803,000 | 2,138,000 | -405,000 | |||||||||||
income before income taxes | 48,074,000 | 20,943,000 | 12,097,000 | -10,487,000 | 42,258,000 | 6,243,000 | 3,549,000 | -25,566,000 | 33,164,000 | -18,444,000 | -73,226,000 | -99,041,000 | -39,115,000 | -24,826,000 | -25,058,000 | -46,598,000 | -2,363,000 | -29,027,000 | -50,887,000 | -12,711,000 | 6,046,000 | -10,069,000 | -38,840,000 | -9,876,000 | 580,000 | -6,119,000 | -8,197,000 | -13,254,000 | -2,106,000 | -13,708,000 | -17,910,000 | -27,741,000 | -24,069,000 | -105,602,000 | -11,409,000 | -15,465,000 | -21,069,000 | -2,027,000 | 2,227,000 | -2,044,000 | 18,256,000 | -5,092,000 | -12,356,000 | -4,947,000 | 1,456,000 | -4,639,000 | -9,254,000 | -6,064,000 |
provision for income taxes | -74,976,000 | 885,000 | 958,000 | 5,851,000 | 1,029,000 | 4,627,000 | 663,000 | -2,005,000 | -2,816,000 | -4,708,000 | -87,695,000 | 166,000 | 160,000 | 446,000 | 288,000 | -943,000 | 55,000 | 84,000 | -708,000 | 124,000 | 84,000 | 74,000 | 75,000 | 146,000 | 375,000 | 4,904,000 | -4,328,000 | -2,149,000 | -2,083,000 | -413,000 | 84,000 | 27,000 | -17,000 | 112,000 | 50,000 | |||||||||||||
net income | 123,050,000 | 20,058,000 | 11,139,000 | -9,634,000 | 36,407,000 | 5,214,000 | -1,078,000 | -17,757,000 | 30,914,000 | -17,477,000 | -73,889,000 | -98,732,000 | -36,385,000 | -24,391,000 | -24,954,000 | -44,593,000 | 453,000 | -24,319,000 | 36,808,000 | -12,877,000 | 5,886,000 | -10,515,000 | -39,128,000 | -9,675,000 | 1,523,000 | -6,174,000 | -8,281,000 | -12,546,000 | -2,230,000 | -13,792,000 | -17,984,000 | -27,816,000 | -23,817,000 | -103,571,000 | -11,555,000 | -15,840,000 | -21,190,000 | 3,530,000 | -2,677,000 | 2,284,000 | 20,405,000 | -3,009,000 | -11,943,000 | -5,031,000 | 1,429,000 | -4,622,000 | -9,366,000 | -6,114,000 |
yoy | 237.98% | 284.70% | -1133.30% | -45.75% | 17.77% | -129.83% | -98.54% | -82.01% | -184.96% | -28.35% | 196.10% | 121.41% | -8132.01% | 0.30% | -167.80% | 246.30% | -92.30% | 131.28% | -194.07% | 33.10% | 286.47% | 70.31% | 372.50% | -22.88% | -168.30% | -55.23% | -53.95% | -54.90% | -90.64% | -86.68% | 55.64% | 75.61% | 12.40% | -3034.02% | 331.64% | -793.52% | -203.85% | -217.31% | -77.59% | -145.40% | 1327.92% | -34.90% | 27.51% | -17.71% | ||||
qoq | 513.47% | 80.07% | -215.62% | -126.46% | 598.25% | -583.67% | -93.93% | -157.44% | -276.88% | -76.35% | -25.16% | 171.35% | 49.17% | -2.26% | -44.04% | -9943.93% | -101.86% | -166.07% | -385.84% | -318.77% | -155.98% | -73.13% | 304.42% | -735.26% | -124.67% | -25.44% | -33.99% | 462.60% | -83.83% | -23.31% | -35.35% | 16.79% | -77.00% | 796.33% | -27.05% | -25.25% | -700.28% | -231.86% | -217.21% | -88.81% | -778.13% | -74.81% | 137.39% | -452.06% | -130.92% | -50.65% | 53.19% | |
net income margin % | 59.92% | 11.17% | 6.43% | -6.18% | 18.77% | 3.22% | -0.66% | -11.89% | 16.54% | -11.64% | -48.44% | -75.86% | -20.74% | -16.73% | -18.11% | -37.77% | 0.28% | -18.44% | 32.14% | -21.21% | 7.18% | -17.24% | -92.40% | -26.66% | 3.14% | -16.40% | -21.87% | -38.70% | -5.38% | -46.39% | -62.78% | -111.82% | -75.86% | -294.14% | -26.92% | -34.42% | -29.16% | 5.36% | -3.80% | 3.30% | 21.71% | -4.68% | -22.51% | -13.53% | 3.42% | -14.37% | -33.12% | -26.57% |
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.86 | 0.14 | 0.08 | 0.26 | 0.04 | 0.29 | -0.56 | -0.48 | -2.11 | -0.33 | -0.46 | 0.07 | -0.06 | 0.05 | ||||||||||||||||||||||||||||||||||
diluted | 0.81 | 0.13 | 0.08 | 0.26 | 0.04 | 0.26 | -0.56 | -0.48 | -2.11 | -0.33 | -0.45 | 0.07 | -0.06 | 0.05 | ||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 142,560 | 143,009 | 141,654 | 140,557 | 141,270 | 136,620 | 132,887 | 132,433 | 126,294 | 125,981 | 49,692 | 48,869 | 49,055 | 48,332 | 46,655 | 47,538 | 46,341 | 44,663 | 39,663 | |||||||||||||||||||||||||||||
diluted | 153,770 | 153,166 | 148,260 | 146,810 | 148,697 | 136,620 | 132,887 | 132,433 | 136,261 | 142,982 | 49,692 | 48,869 | 49,055 | 48,332 | 46,655 | 48,683 | 46,341 | 48,676 | 44,495 | |||||||||||||||||||||||||||||
benefit for income taxes | -853,000 | -7,809,000 | -153,250 | -967,000 | -309,000 | -636,000 | -435,000 | -104,000 | -201,000 | -252,000 | -2,031,000 | -1,245,250 | -5,557,000 | |||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | -0.07 | -0.01 | -0.13 | -0.35 | -0.13 | -0.54 | -0.73 | -0.178 | -0.18 | -0.34 | -0.18 | -0.11 | 0.1 | -0.1 | -0.36 | -0.18 | 0.04 | -0.12 | -0.16 | -0.24 | -0.04 | -0.27 | -0.36 | -0.24 | ||||||||||||||||||||||||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 141,852 | 140,551 | 139,297 | 137,372 | 136,164 | 134,667 | 133,144 | 132,236 | 131,501 | 115,296 | 96,700 | 110,416 | 108,530 | 54,866 | 52,614 | 53,023 | 52,358 | 51,577 | 50,259 | 50,513 | 50,071 | 48,783 | ||||||||||||||||||||||||||
merger, acquisition, and restructuring costs | 7,465,000 | 712,000 | 6,756,000 | 399,000 | 2,424,000 | 32,632,000 | 2,722,000 | |||||||||||||||||||||||||||||||||||||||||
foreign exchange gain | -385,500 | -1,471,000 | -304,000 | -1,260,500 | -1,976,000 | -3,992,000 | -127,000 | -34,500 | -296,000 | -601,000 | -21,000 | |||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | -8,348,000 | -4,156,000 | -5,427,000 | -8,549,000 | ||||||||||||||||||||||||||||||||||||||||||||
net earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.19 | |||||||||||||||||||||||||||||||||||||||||||||||
diluted | -0.19 | |||||||||||||||||||||||||||||||||||||||||||||||
merger and restructuring costs | 875,000 | 2,254,000 | 12,493,000 | |||||||||||||||||||||||||||||||||||||||||||||
total other income | -861,000 | -871,000 | -1,722,000 | -851,000 | -249,750 | -562,000 | -403,000 | -377,000 | -558,000 | -358,000 | -150,000 | |||||||||||||||||||||||||||||||||||||
interest income | -144,000 | -164,000 | -218,000 | -214,000 | -193,000 | -211,000 | -232,000 | -274,000 | -271,000 | -244,000 | -269,000 | -228,000 | -167,000 | -89,750 | -134,000 | |||||||||||||||||||||||||||||||||
restructuring and other exit costs | 974,000 | 2,466,000 | 1,621,000 | 4,338,000 | ||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | 90,251,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other expense | ||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of preferred stock warrant liabilities | 1,742,000 | -1,010,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cumulative preferred stock dividends | -70,000 | -1,046,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stockholders | -4,995,750 | -3,009,000 | -11,943,000 | -5,031,000 | 1,429,000 | -4,622,000 | -9,436,000 | -7,160,000 | ||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per share attributable to common stockholders: | -0.128 | -0.07 | -0.3 | -0.14 | ||||||||||||||||||||||||||||||||||||||||||||
basic and diluted weighted-average shares used to compute net loss per share attributable to common stockholders: | 41,308 | 39,414 | 35,758 | |||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per share attributable to common stockholders | 0.11 | -0.14 | -0.29 | -0.59 | ||||||||||||||||||||||||||||||||||||||||||||
basic and diluted weighted-average shares used to compute net loss per share attributable to common stockholders | 28,217 | 33,673 | 32,266 | 12,215 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 553,362,000 | 482,127,000 | 426,004,000 | 429,708,000 | 483,220,000 | 387,244,000 | 326,464,000 | 252,834,000 | 326,219,000 | 310,509,000 | 266,364,000 | 236,550,000 | 326,254,000 | 253,552,000 | 233,132,000 | 204,589,000 | 230,401,000 | 188,182,000 | 192,970,000 | 468,550,000 | 117,676,000 | 103,797,000 | 107,490,000 | 71,283,000 | 88,888,000 | 85,122,000 | 86,111,000 | 80,714,000 | 80,452,000 | 82,354,000 | 72,247,000 | 67,516,000 | 76,642,000 | 99,525,000 | 165,241,000 | 149,367,000 | 149,423,000 | 154,264,000 | 147,188,000 | 136,567,000 | 116,499,000 | 79,865,000 | 99,234,000 | 120,336,000 | 97,196,000 | 104,089,000 | 105,688,000 | |
accounts receivable | 1,301,955,000 | 1,215,444,000 | 1,303,042,000 | 1,053,153,000 | 1,200,046,000 | 1,163,804,000 | 1,122,396,000 | 999,848,000 | 1,176,276,000 | 937,218,000 | 908,438,000 | 875,307,000 | 976,506,000 | 804,350,000 | 886,108,000 | 782,956,000 | 927,781,000 | 765,076,000 | 780,502,000 | 401,836,000 | 471,666,000 | 412,435,000 | 292,433,000 | 158,248,000 | 217,571,000 | 172,284,000 | 178,025,000 | 155,888,000 | 205,683,000 | 155,328,000 | 153,163,000 | 137,534,000 | 165,890,000 | 132,958,000 | 138,963,000 | 133,575,000 | 192,064,000 | 152,639,000 | 158,333,000 | 159,268,000 | 218,235,000 | 158,804,000 | 147,706,000 | 120,723,000 | 133,267,000 | 99,913,000 | 91,174,000 | 74,674,000 |
prepaid expenses and other current assets | 26,261,000 | 27,943,000 | 27,474,000 | 32,207,000 | 19,914,000 | 22,318,000 | 19,376,000 | 20,772,000 | 20,508,000 | 21,453,000 | 22,123,000 | 25,098,000 | 23,501,000 | 21,363,000 | 22,597,000 | 22,219,000 | 19,934,000 | 20,992,000 | 30,560,000 | 17,368,000 | 17,729,000 | 13,367,000 | 10,265,000 | 7,323,000 | 6,591,000 | 5,773,000 | 5,901,000 | 7,448,000 | 6,882,000 | 8,781,000 | 9,041,000 | 10,421,000 | 9,620,000 | 10,500,000 | 10,757,000 | 11,516,000 | 9,540,000 | 10,391,000 | 7,303,000 | 28,177,000 | 19,710,000 | 5,416,000 | 7,514,000 | 6,336,000 | 5,159,000 | 4,421,000 | ||
total current assets | 1,881,578,000 | 1,725,514,000 | 1,756,520,000 | 1,515,068,000 | 1,703,180,000 | 1,573,366,000 | 1,468,236,000 | 1,273,454,000 | 1,523,003,000 | 1,269,180,000 | 1,196,925,000 | 1,136,955,000 | 1,326,261,000 | 1,079,265,000 | 1,141,837,000 | 1,009,764,000 | 1,178,116,000 | 974,250,000 | 1,004,032,000 | 887,754,000 | 607,071,000 | 529,599,000 | 410,188,000 | 236,854,000 | 313,050,000 | 263,179,000 | 270,037,000 | 244,050,000 | 300,541,000 | 260,949,000 | 266,523,000 | 267,262,000 | 304,656,000 | 282,463,000 | 342,326,000 | 333,062,000 | 391,577,000 | 356,230,000 | 352,524,000 | 325,028,000 | 365,707,000 | 266,846,000 | 266,650,000 | 246,475,000 | 237,977,000 | 210,338,000 | 202,021,000 | 103,559,000 |
property and equipment | 108,546,000 | 97,043,000 | 89,505,000 | 79,134,000 | 68,730,000 | 64,553,000 | 62,939,000 | 55,533,000 | 47,371,000 | 46,112,000 | 46,280,000 | 45,641,000 | 44,969,000 | 45,489,000 | 38,232,000 | 34,986,000 | 34,067,000 | 32,759,000 | 34,427,000 | 28,209,000 | 23,681,000 | 18,876,000 | 19,704,000 | 21,589,000 | 23,667,000 | 24,238,000 | 24,340,000 | 28,307,000 | 33,487,000 | 33,884,000 | 36,571,000 | 41,334,000 | 47,393,000 | 37,448,000 | 34,107,000 | 33,208,000 | 36,246,000 | 29,025,000 | 24,845,000 | 24,308,000 | 25,403,000 | 16,067,000 | 15,706,000 | 14,061,000 | 15,196,000 | 14,111,000 | 11,809,000 | 8,965,000 |
right-of-use lease assets | 66,611,000 | 65,481,000 | 58,429,000 | 55,752,000 | 50,329,000 | 57,565,000 | ||||||||||||||||||||||||||||||||||||||||||
internal use software development costs | 28,799,000 | 28,088,000 | 27,268,000 | 26,689,000 | 26,625,000 | 26,676,000 | 24,923,000 | 23,117,000 | 21,926,000 | 21,630,000 | 21,932,000 | 23,256,000 | 23,671,000 | 23,051,000 | 22,541,000 | 20,837,000 | 20,093,000 | 19,130,000 | 17,403,000 | 16,087,000 | 16,160,000 | 17,386,000 | 17,256,000 | 16,631,000 | 16,053,000 | 15,189,000 | 15,257,000 | 14,790,000 | 14,570,000 | 14,432,000 | 14,340,000 | 13,840,000 | 12,734,000 | 13,617,000 | 13,493,000 | 14,929,000 | 16,522,000 | 16,597,000 | 15,789,000 | 14,731,000 | 13,929,000 | 12,916,000 | 12,371,000 | 12,357,000 | 11,501,000 | 11,221,000 | 10,069,000 | 8,442,000 |
intangible assets | 12,445,000 | 15,078,000 | 11,036,000 | 13,926,000 | 21,309,000 | 28,349,000 | 35,848,000 | 43,422,000 | 51,011,000 | 58,633,000 | 88,392,000 | 167,072,000 | 253,501,000 | 322,547,000 | 360,614,000 | 399,419,000 | 426,615,000 | 463,571,000 | 483,854,000 | 82,293,000 | 89,884,000 | 97,131,000 | 104,953,000 | 10,325,000 | 11,386,000 | 7,870,000 | 8,589,000 | 9,382,000 | 10,174,000 | 10,971,000 | 11,767,000 | 12,563,000 | 13,359,000 | 18,122,000 | 4,440,000 | 5,219,000 | 6,804,000 | 36,470,000 | 41,923,000 | 46,726,000 | 50,783,000 | 55,428,000 | 60,221,000 | 13,071,000 | 14,090,000 | 180,000 | 248,000 | 366,000 |
goodwill | 983,902,000 | 983,902,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,217,000 | 978,216,000 | 969,873,000 | 972,747,000 | 945,731,000 | 158,125,000 | 158,125,000 | 157,804,000 | 157,804,000 | 7,370,000 | 7,370,000 | 65,705,000 | 65,705,000 | 65,705,000 | 65,705,000 | 65,705,000 | 65,705,000 | 65,705,000 | 68,803,000 | 68,803,000 | 16,290,000 | 16,290,000 | 1,491,000 | 1,491,000 | 1,491,000 | |||||||||
other assets, non-current | 82,494,000 | 5,587,000 | 6,172,000 | 5,864,000 | 6,378,000 | 9,145,000 | 11,008,000 | 16,325,000 | 6,729,000 | 6,686,000 | 7,020,000 | 7,590,000 | 7,383,000 | 6,106,000 | 7,169,000 | 6,877,000 | 6,862,000 | 6,062,000 | 6,893,000 | 4,217,000 | 4,440,000 | 2,942,000 | 3,403,000 | 1,900,000 | 2,103,000 | 2,125,000 | 2,117,000 | 2,067,000 | 1,240,000 | 879,000 | 1,197,000 | 2,415,000 | 5,493,000 | 3,239,000 | 1,892,000 | 2,129,000 | 2,921,000 | 7,828,000 | 7,019,000 | 600,000 | 1,427,000 | 1,425,000 | 1,490,000 | 4,888,000 | ||||
total assets | 3,164,375,000 | 2,920,693,000 | 2,927,147,000 | 2,674,650,000 | 2,854,768,000 | 2,737,871,000 | 2,643,205,000 | 2,454,069,000 | 2,688,806,000 | 2,445,009,000 | 2,407,789,000 | 2,429,875,000 | 2,712,213,000 | 2,529,084,000 | 2,622,465,000 | 2,522,462,000 | 2,712,612,000 | 2,533,110,000 | 2,541,275,000 | 1,214,718,000 | 938,960,000 | 866,474,000 | 757,122,000 | 314,218,000 | 395,120,000 | 335,321,000 | 334,837,000 | 311,397,000 | 360,012,000 | 321,115,000 | 330,398,000 | 337,414,000 | 383,635,000 | 354,889,000 | 461,963,000 | 454,252,000 | 519,775,000 | 505,953,000 | 502,686,000 | 486,949,000 | 536,736,000 | 427,888,000 | 430,770,000 | 302,854,000 | 296,481,000 | 238,766,000 | 227,128,000 | 127,711,000 |
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 1,607,664,000 | 1,479,746,000 | 1,530,389,000 | 1,306,517,000 | 1,466,377,000 | 1,384,732,000 | 1,299,231,000 | 1,123,407,000 | 1,372,176,000 | 1,100,752,000 | 1,022,300,000 | 950,405,000 | 1,094,321,000 | 890,071,000 | 973,209,000 | 859,178,000 | 1,000,956,000 | 828,501,000 | 844,045,000 | 436,590,000 | 509,315,000 | 457,428,000 | 347,432,000 | 194,036,000 | 259,439,000 | 207,033,000 | 213,157,000 | 187,891,000 | 239,678,000 | 199,385,000 | 198,504,000 | 191,239,000 | 214,103,000 | 165,783,000 | 174,031,000 | 158,837,000 | 214,903,000 | 186,181,000 | 188,557,000 | 185,399,000 | 247,967,000 | 167,075,000 | 177,339,000 | 153,680,000 | 151,021,000 | 127,982,000 | 119,096,000 | 103,176,000 |
lease liabilities, current | 20,163,000 | 20,200,000 | 19,388,000 | 16,229,000 | 16,086,000 | 18,232,000 | 20,014,000 | 19,905,000 | 20,402,000 | 20,913,000 | 21,506,000 | 20,878,000 | 19,452,000 | 19,356,000 | 18,638,000 | 15,033,000 | 15,351,000 | 8,255,000 | 11,176,000 | 12,030,000 | 7,158,000 | 6,993,000 | 6,826,000 | 6,928,000 | ||||||||||||||||||||||||
debt, current, net of debt issuance costs | 208,447,000 | 208,154,000 | 207,862,000 | 207,568,000 | ||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 5,462,000 | 4,949,000 | 7,316,000 | 8,173,000 | 9,880,000 | 7,013,000 | 6,219,000 | 7,729,000 | 5,957,000 | 5,799,000 | 6,631,000 | 7,467,000 | 5,939,000 | 5,885,000 | 6,052,000 | 5,903,000 | 5,697,000 | 11,773,000 | 10,682,000 | 4,114,000 | 3,070,000 | 5,019,000 | 2,881,000 | 929,000 | 778,000 | 498,000 | 531,000 | 673,000 | 1,304,000 | 2,806,000 | 2,899,000 | 2,975,000 | 3,141,000 | 3,046,000 | 3,193,000 | 3,156,000 | 3,534,000 | 2,622,000 | 2,556,000 | 1,844,000 | 2,196,000 | 1,365,000 | 1,951,000 | 2,680,000 | 3,276,000 | 2,133,000 | 2,276,000 | 1,647,000 |
total current liabilities | 1,841,736,000 | 1,713,049,000 | 1,764,955,000 | 1,538,487,000 | 1,495,984,000 | 1,413,618,000 | 1,329,114,000 | 1,154,691,000 | 1,402,135,000 | 1,131,064,000 | 1,054,037,000 | 982,350,000 | 1,125,032,000 | 919,008,000 | 1,002,217,000 | 887,319,000 | 1,029,395,000 | 858,907,000 | 873,678,000 | 448,959,000 | 522,198,000 | 473,623,000 | 362,343,000 | 202,123,000 | 267,499,000 | 214,524,000 | 220,514,000 | 195,492,000 | 240,982,000 | 202,191,000 | 201,403,000 | 194,214,000 | 217,244,000 | 168,829,000 | 177,224,000 | 161,993,000 | 218,437,000 | 188,803,000 | 191,113,000 | 187,243,000 | 250,163,000 | 168,440,000 | 179,290,000 | 156,413,000 | 154,402,000 | 130,272,000 | 121,580,000 | 105,029,000 |
debt, non-current, net of debt discount and issuance costs | 347,665,000 | 348,111,000 | 348,556,000 | |||||||||||||||||||||||||||||||||||||||||||||
lease liabilities, non-current | 50,085,000 | 48,757,000 | 43,401,000 | 43,759,000 | 38,983,000 | 46,577,000 | 50,294,000 | 53,059,000 | 49,665,000 | 54,025,000 | 58,907,000 | 61,590,000 | 66,331,000 | 64,288,000 | 63,941,000 | 62,777,000 | 66,487,000 | 55,999,000 | 39,673,000 | 31,608,000 | 34,242,000 | 34,598,000 | 13,441,000 | 16,495,000 | 8,516,000 | 7,235,000 | ||||||||||||||||||||||
other liabilities, non-current | 2,539,000 | 2,822,000 | 1,768,000 | 1,650,000 | 1,479,000 | 1,632,000 | 1,522,000 | 1,577,000 | 1,657,000 | 1,801,000 | 1,847,000 | 1,962,000 | 1,723,000 | 1,703,000 | 2,025,000 | 2,237,000 | 2,647,000 | 2,618,000 | 2,854,000 | 2,921,000 | 2,672,000 | 2,478,000 | 2,710,000 | 426,000 | 454,000 | 179,000 | 179,000 | 179,000 | 1,017,000 | 1,172,000 | 1,331,000 | 1,546,000 | 1,780,000 | 1,817,000 | 1,736,000 | 1,678,000 | 1,783,000 | 1,899,000 | 1,954,000 | 2,047,000 | 2,247,000 | 2,241,000 | 2,021,000 | 1,496,000 | 1,879,000 | 1,674,000 | 1,471,000 | 810,000 |
total liabilities | 2,242,025,000 | 2,112,739,000 | 2,158,680,000 | 1,932,897,000 | 2,086,550,000 | 2,011,995,000 | 1,930,242,000 | 1,758,692,000 | 1,987,123,000 | 1,792,899,000 | 1,755,211,000 | 1,724,646,000 | 1,920,915,000 | 1,718,582,000 | 1,801,086,000 | 1,684,552,000 | 1,831,855,000 | 1,656,345,000 | 1,653,589,000 | 872,362,000 | 557,347,000 | 510,343,000 | 399,651,000 | 215,990,000 | 283,184,000 | 231,198,000 | 229,209,000 | 202,906,000 | 241,999,000 | 203,363,000 | 202,734,000 | 195,760,000 | 219,024,000 | 170,688,000 | 179,002,000 | 163,713,000 | 220,262,000 | 191,936,000 | 199,841,000 | 191,158,000 | 258,635,000 | 208,417,000 | 221,288,000 | 169,495,000 | 167,729,000 | 131,946,000 | 123,051,000 | 114,121,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.00001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.00001 par value... | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||||||||||||||
additional paid-in capital | 1,440,358,000 | 1,449,094,000 | 1,429,206,000 | 1,416,149,000 | 1,433,809,000 | 1,424,539,000 | 1,418,931,000 | 1,400,181,000 | 1,387,715,000 | 1,370,619,000 | 1,352,648,000 | 1,331,517,000 | 1,319,221,000 | 1,304,182,000 | 1,288,696,000 | 1,278,218,000 | 1,282,589,000 | 1,273,093,000 | 1,259,170,000 | 751,017,000 | 777,084,000 | 759,116,000 | 749,959,000 | 449,820,000 | 453,064,000 | 447,314,000 | 442,353,000 | 436,807,000 | 433,877,000 | 431,294,000 | 427,324,000 | 423,009,000 | 418,354,000 | 414,081,000 | 409,360,000 | 405,560,000 | 398,787,000 | 391,931,000 | 383,570,000 | 373,721,000 | 358,406,000 | 320,139,000 | 307,149,000 | 219,173,000 | 209,472,000 | 188,899,000 | 181,463,000 | 29,061,000 |
accumulated other comprehensive loss | -1,451,000 | -1,533,000 | -1,074,000 | -3,592,000 | -4,421,000 | -1,086,000 | -3,177,000 | -3,091,000 | -2,076,000 | -3,639,000 | -2,677,000 | -2,784,000 | -3,151,000 | -5,293,000 | -3,321,000 | -1,266,000 | -1,376,000 | -1,426,000 | -901,000 | -1,270,000 | -2,585,000 | -2,603,000 | -834,000 | -45,000 | -585,000 | -293,000 | -165,000 | 41,000 | -180,000 | -273,000 | -103,000 | -42,000 | -15,000 | -71,000 | ||||||||||||||
accumulated deficit | -516,559,000 | -639,609,000 | -659,667,000 | -670,806,000 | -661,172,000 | -697,579,000 | -702,793,000 | -701,715,000 | -683,958,000 | -714,872,000 | -697,395,000 | -623,506,000 | -524,774,000 | -488,389,000 | -463,998,000 | -439,044,000 | -394,451,000 | -394,904,000 | -370,585,000 | -407,393,000 | -394,516,000 | -400,402,000 | -389,887,000 | -350,759,000 | -341,084,000 | -342,607,000 | -336,433,000 | -328,152,000 | -315,606,000 | -313,376,000 | -299,584,000 | -281,600,000 | -253,784,000 | -229,967,000 | -126,396,000 | -114,841,000 | -99,001,000 | -77,811,000 | -80,683,000 | -78,006,000 | -80,290,000 | -100,695,000 | -97,686,000 | -85,743,000 | -80,712,000 | -82,141,000 | -77,519,000 | -68,153,000 |
total stockholders' equity | 922,350,000 | 807,954,000 | 768,467,000 | 741,753,000 | 768,218,000 | 725,876,000 | 712,963,000 | 695,377,000 | 701,683,000 | 652,110,000 | 652,578,000 | 705,229,000 | 791,298,000 | 810,502,000 | 821,379,000 | 837,910,000 | 880,757,000 | 876,765,000 | 887,686,000 | 342,356,000 | 381,613,000 | 356,131,000 | 357,471,000 | 98,228,000 | 111,936,000 | 104,123,000 | 105,628,000 | 108,491,000 | 118,013,000 | 117,752,000 | 127,664,000 | 141,654,000 | 164,611,000 | 184,201,000 | 282,961,000 | 290,539,000 | 299,513,000 | 314,017,000 | 302,845,000 | |||||||||
total liabilities and stockholders' equity | 3,164,375,000 | 2,920,693,000 | 2,927,147,000 | 2,674,650,000 | 2,854,768,000 | 2,737,871,000 | 2,643,205,000 | 2,454,069,000 | 2,688,806,000 | 2,445,009,000 | 2,407,789,000 | 2,429,875,000 | 2,712,213,000 | 2,529,084,000 | 2,622,465,000 | 2,522,462,000 | 2,712,612,000 | 2,533,110,000 | 2,541,275,000 | 1,214,718,000 | 938,960,000 | 866,474,000 | 757,122,000 | 314,218,000 | 395,120,000 | 335,321,000 | 334,837,000 | 311,397,000 | 360,012,000 | 321,115,000 | 330,398,000 | 337,414,000 | 383,635,000 | 354,889,000 | 461,963,000 | 454,252,000 | 519,775,000 | 505,953,000 | 502,686,000 | |||||||||
debt, non-current, net of debt discount and debt issuance costs | 349,001,000 | 550,168,000 | 549,025,000 | 549,077,000 | ||||||||||||||||||||||||||||||||||||||||||||
debt, current | 3,641,000 | 3,641,000 | 3,650,000 | 3,650,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | |||||||||||||||||||||||||||||||||
debt, non-current, net of debt issuance costs | 550,104,000 | 532,986,000 | 601,609,000 | 635,036,000 | 674,036,000 | 722,757,000 | 722,077,000 | 721,395,000 | 720,710,000 | 720,023,000 | 719,333,000 | 718,641,000 | 388,644,000 | |||||||||||||||||||||||||||||||||||
right-of-use lease asset | 62,034,000 | 64,001,000 | 64,551,000 | 69,023,000 | 71,144,000 | 74,409,000 | 73,855,000 | 72,363,000 | 64,591,000 | 48,935,000 | 38,033,000 | 42,736,000 | 43,814,000 | 19,549,000 | 22,720,000 | 14,497,000 | 12,801,000 | |||||||||||||||||||||||||||||||
deferred tax liability | 287,000 | 288,000 | 4,400,000 | 5,384,000 | 4,708,000 | 5,072,000 | 11,506,000 | 11,508,000 | 11,509,000 | 13,303,000 | 19,488,000 | 18,743,000 | 230,000 | 199,000 | 42,000 | 42,000 | 42,000 | 42,000 | 1,234,000 | 6,774,000 | 1,868,000 | 6,225,000 | 10,253,000 | 12,355,000 | ||||||||||||||||||||||||
right of use lease asset | 60,549,000 | 78,211,000 | 76,986,000 | 39,599,000 | 21,491,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 680,000 | |||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities - current portion | 21,172,000 | 19,142,000 | 9,813,000 | 7,282,000 | ||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -6,007,000 | |||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities - non-current portion | 32,278,000 | 15,231,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -957,000 | -259,000 | -167,000 | -77,000 | 245,000 | 87,000 | 76,000 | 27,000 | 19,000 | 62,000 | 133,000 | 111,000 | ||||||||||||||||||||||||||||||||||||
marketable securities | 7,524,000 | 14,486,000 | 32,072,000 | 51,791,000 | 52,504,000 | 39,480,000 | 27,365,000 | 38,604,000 | 40,550,000 | 38,936,000 | 39,700,000 | |||||||||||||||||||||||||||||||||||||
marketable securities, non-current | ||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities and other assets, non-current | 1,926,000 | 1,900,000 | 10,451,000 | 15,209,000 | ||||||||||||||||||||||||||||||||||||||||||||
marketable securities, prepaid expenses, and other current assets | 29,193,000 | 30,973,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 295,791,000 | 278,101,000 | 219,471,000 | 209,482,000 | 133,359,000 | 128,752,000 | 106,820,000 | 104,077,000 | ||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 486,949,000 | 536,736,000 | 427,888,000 | 430,770,000 | 302,854,000 | |||||||||||||||||||||||||||||||||||||||||||
debt and capital lease obligations, current portion | 53,000 | 105,000 | 157,000 | 208,000 | 206,000 | |||||||||||||||||||||||||||||||||||||||||||
contingent consideration liabilities | 27,483,000 | 27,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration liability | 11,586,000 | 11,448,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||
debt and capital leases, net of current portion | 3,841,000 | |||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock warrant liabilities | 4,441,000 | |||||||||||||||||||||||||||||||||||||||||||||||
series a, b, c, and d convertible preferred stock, 0.00001 par value... | 52,571,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock and stockholders’ equity | 296,481,000 | 238,766,000 | 227,128,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash | 24,464,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock and common stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||||
common stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||||
total common stockholders’ deficit | -38,981,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock and common stockholders’ deficit | 127,711,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
net income | 123,050,000 | 20,058,000 | -23,817,000 | -15,840,000 | -21,190,000 | 2,284,000 | ||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 13,555,000 | 12,308,000 | 12,210,000 | 15,601,000 | 16,170,000 | 14,537,000 | 14,236,000 | 13,567,000 | 16,820,000 | 39,266,000 | 88,939,000 | 95,795,000 | 77,411,000 | 46,615,000 | 46,160,000 | 45,866,000 | 49,802,000 | 48,702,000 | 35,897,000 | 12,485,000 | 13,091,000 | 14,076,000 | 14,557,000 | 7,524,000 | 7,285,000 | 8,027,000 | 8,174,000 | 8,640,000 | 8,983,000 | 8,767,000 | 8,878,000 | 8,710,000 | 9,071,000 | 8,178,000 | 8,855,000 | 10,121,000 | 13,401,000 | 10,954,000 | 9,782,000 | 8,626,000 | 8,540,000 | 8,621,000 | 9,459,000 | 4,390,000 | 4,394,000 | 3,070,000 | 2,678,000 | 2,375,000 |
stock-based compensation | 17,837,000 | 18,044,000 | 19,558,000 | 21,209,000 | 17,358,000 | 18,670,000 | 19,660,000 | 20,831,000 | 17,155,000 | 17,468,000 | 18,707,000 | 19,287,000 | 13,925,000 | 17,402,000 | 16,202,000 | 16,589,000 | 12,214,000 | 11,824,000 | 9,704,000 | 6,993,000 | 7,193,000 | 7,350,000 | 9,891,000 | 4,057,000 | 4,948,000 | 4,713,000 | 4,795,000 | 4,369,000 | 3,266,000 | 3,860,000 | 4,612,000 | 4,544,000 | 4,316,000 | 4,646,000 | 5,303,000 | 6,239,000 | 6,646,000 | 6,531,000 | 7,126,000 | 8,391,000 | 8,547,000 | 8,800,000 | 7,739,000 | 5,498,000 | 7,119,000 | 7,150,000 | 7,099,000 | 2,478,000 |
loss on extinguishment of debt | 0 | 0 | 0 | 2,152,000 | 0 | 319,000 | 0 | 7,387,000 | ||||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 436,000 | 158,000 | 134,000 | 67,000 | 194,000 | 344,000 | -130,000 | -571,000 | -168,000 | 380,000 | -4,000 | -159,000 | -169,000 | -13,000 | 42,000 | 2,000 | 1,163,000 | -69,000 | 191,000 | 775,000 | 541,000 | 2,000 | 119,000 | 96,000 | 98,000 | -84,000 | ||||||||||||||||||||||
amortization of debt discount and issuance costs | 890,000 | 892,000 | 893,000 | 967,000 | 983,000 | 987,000 | 997,000 | 1,152,000 | 1,463,000 | 1,547,000 | 1,600,000 | 1,669,000 | 1,693,000 | 1,695,000 | 1,697,000 | 1,700,000 | ||||||||||||||||||||||||||||||||
non-cash lease expense | 155,000 | -691,000 | -426,000 | -516,000 | -2,481,000 | -1,055,000 | -690,000 | -546,000 | -908,000 | -971,000 | 133,000 | 34,000 | 145,000 | 93,000 | 637,000 | 610,000 | -2,175,000 | -1,163,000 | 3,640,000 | -652,000 | -183,000 | -369,000 | -255,000 | 23,000 | 260,000 | -90,000 | ||||||||||||||||||||||
deferred income taxes | -76,883,000 | -1,663,000 | 162,000 | 154,000 | 2,271,000 | 925,000 | 4,669,000 | -7,770,000 | -1,703,000 | -895,000 | 623,000 | -404,000 | -7,176,000 | 114,000 | 151,000 | -1,891,000 | -7,230,000 | -4,338,000 | -87,264,000 | 62,000 | -48,000 | 476,000 | 200,000 | 161,000 | 153,000 | 4,000 | 1,000 | -753,000 | -111,000 | -1,727,000 | -8,000 | 282,000 | -1,650,000 | -5,542,000 | 4,908,000 | -4,351,000 | -3,143,000 | -2,132,000 | -102,000 | |||||||||
unrealized foreign currency loss | 1,207,000 | -2,239,000 | 2,099,000 | 4,496,000 | -1,463,000 | 1,562,000 | -1,054,000 | 593,000 | -1,477,000 | -68,000 | 189,000 | |||||||||||||||||||||||||||||||||||||
other items | -495,000 | 517,000 | 203,000 | -101,000 | 40,000 | 0 | 0 | 0 | 2,696,000 | |||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -87,442,000 | 85,920,000 | -250,098,000 | 147,859,000 | -36,137,000 | -42,033,000 | -123,167,000 | 175,313,000 | -239,135,000 | -29,111,000 | -51,998,000 | 100,142,000 | -171,593,000 | 81,232,000 | -102,205,000 | 146,241,000 | -162,237,000 | 17,595,000 | -179,978,000 | 70,252,000 | -57,691,000 | -119,873,000 | 15,128,000 | 58,600,000 | -42,854,000 | 5,318,000 | -19,615,000 | 46,446,000 | -51,006,000 | -2,024,000 | -15,917,000 | 28,259,000 | -32,825,000 | 5,959,000 | -5,584,000 | 58,501,000 | -39,741,000 | 5,945,000 | 335,000 | 59,303,000 | -59,496,000 | -11,293,000 | -13,234,000 | 12,227,000 | -32,722,000 | -9,061,000 | -16,380,000 | 20,140,000 |
prepaid expenses and other assets | 1,005,000 | -969,000 | 5,031,000 | -11,469,000 | 2,835,000 | -1,975,000 | 1,932,000 | -812,000 | -1,050,000 | 668,000 | 3,449,000 | -2,063,000 | -2,477,000 | 1,787,000 | -1,259,000 | -2,279,000 | 1,621,000 | -1,294,000 | -581,000 | 1,578,000 | -7,199,000 | -11,612,000 | 9,454,000 | -738,000 | -723,000 | 79,000 | -47,000 | 640,000 | 1,600,000 | 568,000 | 2,521,000 | -170,000 | 1,254,000 | -1,009,000 | 1,037,000 | -1,506,000 | 238,000 | -3,163,000 | -292,000 | 179,000 | -2,069,000 | 899,000 | -1,374,000 | 1,471,000 | -216,000 | -1,145,000 | -211,000 | -580,000 |
accounts payable and accrued expenses | 132,723,000 | -42,408,000 | 218,641,000 | -166,353,000 | 80,954,000 | 92,530,000 | 173,638,000 | -249,742,000 | 268,336,000 | 78,531,000 | 88,878,000 | -141,068,000 | 207,952,000 | -84,648,000 | 109,385,000 | -141,312,000 | 171,110,000 | -17,223,000 | 211,092,000 | -80,074,000 | 51,600,000 | 106,657,000 | -18,943,000 | -64,250,000 | 50,306,000 | -6,451,000 | 21,915,000 | -49,482,000 | 41,027,000 | 872,000 | 7,871,000 | -23,158,000 | 49,470,000 | -5,411,000 | 10,233,000 | -54,794,000 | 30,176,000 | -3,889,000 | 4,928,000 | -64,180,000 | 81,567,000 | -8,277,000 | 14,281,000 | 5,564,000 | 20,746,000 | 10,752,000 | 16,221,000 | -17,858,000 |
other liabilities | 1,710,000 | -3,147,000 | -884,000 | -1,804,000 | 2,593,000 | 531,000 | -1,583,000 | 1,752,000 | -46,000 | -831,000 | -957,000 | 1,722,000 | 83,000 | 1,898,000 | 134,000 | -2,504,000 | -166,000 | -511,000 | -690,000 | 1,392,000 | -1,449,000 | 11,098,000 | -5,990,000 | 152,000 | 524,000 | 10,000 | 1,259,000 | -1,386,000 | -1,638,000 | -248,000 | -269,000 | -422,000 | 33,000 | -64,000 | 53,000 | -499,000 | 869,000 | 16,000 | 621,000 | -559,000 | 863,000 | -345,000 | -155,000 | -795,000 | 83,000 | 80,000 | 467,000 | -1,453,000 |
net cash from operating activities | 128,457,000 | 86,622,000 | 18,528,000 | 2,561,000 | 114,697,000 | 91,348,000 | 89,567,000 | -60,411,000 | 89,085,000 | 82,059,000 | 74,116,000 | -30,893,000 | 88,705,000 | 39,893,000 | 42,320,000 | 21,632,000 | 68,589,000 | 30,589,000 | 28,637,000 | -1,226,000 | 11,973,000 | -2,542,000 | -16,263,000 | -5,233,000 | 22,175,000 | 4,275,000 | 8,985,000 | -3,452,000 | -134,000 | -1,462,000 | -11,326,000 | -9,764,000 | 12,322,000 | -3,592,000 | 9,924,000 | 2,881,000 | 11,309,000 | 15,561,000 | 22,582,000 | 10,668,000 | 55,671,000 | -7,441,000 | 6,190,000 | 22,436,000 | 1,393,000 | 4,704,000 | 2,357,000 | -1,809,000 |
capital expenditures | -29,024,000 | -22,024,000 | -16,057,000 | -17,198,000 | -6,401,000 | -18,113,000 | -13,304,000 | -9,252,000 | -12,044,000 | -6,805,000 | -11,067,000 | -7,467,000 | -15,216,000 | -13,193,000 | -5,422,000 | -10,566,000 | -6,618,000 | -6,393,000 | -12,845,000 | -3,272,000 | -10,854,000 | -2,967,000 | -3,527,000 | -4,611,000 | -8,283,000 | -5,233,000 | -4,132,000 | -2,240,000 | -7,897,000 | -6,010,000 | -3,221,000 | -2,812,000 | -19,745,000 | -11,515,000 | -3,797,000 | -5,369,000 | -14,482,000 | -9,957,000 | -5,213,000 | -3,749,000 | -14,622,000 | -5,508,000 | -3,932,000 | -4,375,000 | -4,302,000 | -6,214,000 | -5,847,000 | -3,122,000 |
free cash flows | 99,433,000 | 64,598,000 | 2,471,000 | -14,637,000 | 108,296,000 | 73,235,000 | 76,263,000 | -69,663,000 | 77,041,000 | 75,254,000 | 63,049,000 | -38,360,000 | 73,489,000 | 26,700,000 | 36,898,000 | 11,066,000 | 61,971,000 | 24,196,000 | 15,792,000 | -4,498,000 | 1,119,000 | -5,509,000 | -19,790,000 | -9,844,000 | 13,892,000 | -958,000 | 4,853,000 | -5,692,000 | -8,031,000 | -7,472,000 | -14,547,000 | -12,576,000 | -7,423,000 | -15,107,000 | 6,127,000 | -2,488,000 | -3,173,000 | 5,604,000 | 17,369,000 | 6,919,000 | 41,049,000 | -12,949,000 | 2,258,000 | 18,061,000 | -2,909,000 | -1,510,000 | -3,490,000 | -4,931,000 |
investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -25,404,000 | -18,240,000 | -12,514,000 | -14,377,000 | -3,728,000 | -14,042,000 | -9,167,000 | -5,873,000 | -9,625,000 | -4,405,000 | -8,330,000 | -4,404,000 | -12,811,000 | -9,351,000 | -1,469,000 | -7,184,000 | -3,712,000 | -3,046,000 | -9,622,000 | -1,317,000 | -10,081,000 | -791,000 | -1,146,000 | -2,274,000 | -5,820,000 | -3,393,000 | -2,070,000 | -142,000 | -5,959,000 | -4,258,000 | -977,000 | -239,000 | -17,884,000 | -9,715,000 | -1,755,000 | -3,084,000 | -12,086,000 | -7,460,000 | -2,490,000 | -1,443,000 | -12,347,000 | -3,511,000 | -1,987,000 | -2,259,000 | -2,142,000 | -4,044,000 | -3,393,000 | -1,127,000 |
capitalized internal use software development costs | -3,620,000 | -3,784,000 | -3,543,000 | -2,821,000 | -2,673,000 | -4,071,000 | -4,137,000 | -3,379,000 | -2,419,000 | -2,400,000 | -2,737,000 | -3,063,000 | -2,405,000 | -3,842,000 | -3,953,000 | -3,382,000 | -2,906,000 | -3,347,000 | -3,223,000 | -1,955,000 | -773,000 | -2,176,000 | -2,381,000 | -2,337,000 | -2,463,000 | -1,840,000 | -2,062,000 | -2,098,000 | -1,938,000 | -1,752,000 | -2,244,000 | -2,573,000 | -1,861,000 | -1,800,000 | -2,042,000 | -2,285,000 | -2,396,000 | -2,497,000 | -2,723,000 | -2,306,000 | -2,275,000 | -1,997,000 | -1,945,000 | -2,116,000 | -2,160,000 | -2,170,000 | -2,454,000 | -1,995,000 |
mergers and acquisitions, net of indemnification claims holdback | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -29,024,000 | -30,486,000 | -16,057,000 | -17,198,000 | -6,833,000 | -18,113,000 | -13,304,000 | -9,252,000 | -12,044,000 | -6,805,000 | -11,067,000 | -7,467,000 | -15,216,000 | -13,193,000 | -5,422,000 | -31,321,000 | -15,427,000 | -35,479,000 | -636,819,000 | -3,272,000 | -10,854,000 | -2,967,000 | 51,068,000 | -4,611,000 | -19,283,000 | -5,233,000 | -4,132,000 | 5,260,000 | -897,000 | 11,632,000 | 16,662,000 | 550,000 | -35,150,000 | -62,155,000 | 7,462,000 | -3,367,000 | -23,215,000 | -15,740,000 | -30,783,000 | -3,123,000 | -8,040,000 | -6,214,000 | -5,797,000 | -3,072,000 | ||||
financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the term loan facility refinancing and repricing activities, net of debt discount | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of the term loan facility from refinancing and repricing activities | ||||||||||||||||||||||||||||||||||||||||||||||||
payment for debt issuance costs | 0 | 0 | 0 | -159,000 | 0 | -37,000 | 0 | -4,510,000 | 0 | 0 | -30,180,000 | -198,000 | ||||||||||||||||||||||||||||||||||||
repayment of debt | -907,000 | -908,000 | -910,000 | 0 | -900,000 | -900,000 | -900,000 | -900,000 | -900,000 | -900,000 | -900,000 | -900,000 | -900,000 | |||||||||||||||||||||||||||||||||||
repurchase of convertible senior notes | -60,725,000 | -29,804,000 | -34,161,000 | -40,828,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 91,000 | 1,263,000 | 1,457,000 | 252,000 | 204,000 | 181,000 | 10,000 | 60,000 | 610,000 | 1,486,000 | 463,000 | 163,000 | 501,000 | 1,107,000 | 678,000 | 1,482,000 | 1,480,000 | 5,785,000 | 9,680,000 | 1,569,000 | 2,276,000 | 23,000 | 59,000 | 146,000 | 132,000 | 251,000 | 0 | 0 | 39,000 | 6,000 | 3,000 | 7,000 | 16,000 | 368,000 | 453,000 | 937,000 | 6,141,000 | 6,718,000 | 2,859,000 | 3,964,000 | 2,679,000 | 4,031,000 | 2,304,000 | 124,000 | 126,000 | 944,000 | ||
proceeds from issuance of common stock under employee stock purchase plan | 1,830,000 | 0 | 1,606,000 | 0 | 1,591,000 | 0 | 1,603,000 | 0 | 2,560,000 | 0 | 967,000 | 0 | 577,000 | 0 | 171,000 | 0 | 185,000 | 0 | 749,000 | 0 | 1,281,000 | 0 | ||||||||||||||||||||||||||
taxes paid related to net share settlement | -5,656,000 | -10,000 | -6,944,000 | -20,314,000 | -4,790,000 | -4,939,000 | -3,802,000 | -8,941,000 | -2,137,000 | 0 | -631,000 | -9,046,000 | -2,639,000 | -2,401,000 | -5,198,000 | -4,260,000 | -13,000 | -7,000 | -349,000 | -7,485,000 | 0 | 0 | -12,000 | -1,835,000 | -980,000 | 0 | -618,000 | -40,000 | -336,000 | -19,000 | -1,172,000 | 0 | ||||||||||||||||
purchase of treasury stock | -23,402,000 | 0 | -3,651,000 | -19,229,000 | -5,567,000 | 0 | 0 | -3,525,000 | -12,138,000 | |||||||||||||||||||||||||||||||||||||||
repayment of finance leases | ||||||||||||||||||||||||||||||||||||||||||||||||
payment of indemnification claims holdback | 0 | 0 | 0 | -2,313,000 | -173,000 | |||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -28,044,000 | 345,000 | -7,935,000 | -39,450,000 | -9,457,000 | -13,801,000 | -2,545,000 | -3,101,000 | -62,161,000 | -30,644,000 | -33,228,000 | -51,809,000 | -1,851,000 | -4,753,000 | -7,180,000 | -16,388,000 | -10,810,000 | 582,000 | 332,654,000 | 355,627,000 | 10,634,000 | 1,562,000 | 2,620,000 | -7,462,000 | 636,000 | 146,000 | 597,000 | -1,584,000 | -809,000 | 0 | -436,000 | -34,000 | -148,000 | -12,000 | -1,588,000 | 368,000 | 30,000 | 937,000 | 2,392,000 | 6,718,000 | 4,140,000 | 3,964,000 | 3,385,000 | 3,979,000 | -71,000 | -67,000 | 84,596,000 | -664,000 |
effect of exchange rate changes on cash, and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||
change in cash and cash equivalents | -56,000 | -4,841,000 | 7,076,000 | 10,621,000 | 20,068,000 | 36,634,000 | -19,369,000 | -21,102,000 | 23,140,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — beginning of period | 149,423,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — end of period | 149,367,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the term loan b facility refinancing and repricing activities, net of debt discount | 0 | 0 | 92,622,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
repayment of the term loan b facility from refinancing and repricing activities | 0 | 0 | -92,622,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | -358,000 | 1,760,000 | 575,000 | -2,431,000 | 1,346,000 | -88,000 | -621,000 | 784,000 | -466,000 | -8,000 | 265,000 | 1,067,000 | -1,569,000 | -1,183,000 | 268,000 | -92,000 | -482,000 | 147,000 | -256,000 | 877,000 | 306,000 | 34,000 | -299,000 | 238,000 | -177,000 | -53,000 | 38,000 | -62,000 | -63,000 | -169,000 | 122,000 | 13,000 | 46,000 | |||||||||||||||
change in cash, cash equivalents and restricted cash | 56,123,000 | -3,704,000 | -53,512,000 | 95,976,000 | 60,780,000 | 73,630,000 | -73,385,000 | 15,664,000 | 44,144,000 | 29,813,000 | -89,904,000 | 72,705,000 | 20,378,000 | 28,535,000 | -25,809,000 | 42,260,000 | -4,790,000 | -275,381,000 | 350,873,000 | 12,630,000 | -3,641,000 | 37,459,000 | -17,605,000 | 3,766,000 | -989,000 | 5,397,000 | 262,000 | -1,902,000 | 10,107,000 | 4,731,000 | -9,126,000 | -22,963,000 | -65,713,000 | |||||||||||||||
cash, cash equivalents and restricted cash — beginning of period | 0 | 0 | 483,220,000 | 0 | 0 | 0 | 326,219,000 | 0 | 0 | 0 | 326,502,000 | 0 | 0 | 0 | 230,693,000 | 0 | 0 | 0 | 117,731,000 | 0 | 0 | 0 | 88,888,000 | 0 | 0 | 0 | 80,452,000 | 0 | 0 | 0 | 76,642,000 | 0 | 0 | |||||||||||||||
cash, cash equivalents and restricted cash — end of period | 56,123,000 | -3,704,000 | 429,708,000 | 95,976,000 | 60,780,000 | 73,630,000 | 252,834,000 | 15,664,000 | 44,144,000 | 29,813,000 | 236,598,000 | 72,705,000 | 20,378,000 | 28,535,000 | 204,884,000 | 42,260,000 | -4,790,000 | -275,381,000 | 468,604,000 | 12,630,000 | -3,641,000 | 37,459,000 | 71,283,000 | 3,766,000 | -989,000 | 5,397,000 | 80,714,000 | -1,902,000 | 10,107,000 | 4,731,000 | 67,516,000 | -22,963,000 | -65,713,000 | |||||||||||||||
net loss | -9,634,000 | 5,214,000 | -1,078,000 | -17,757,000 | -17,477,000 | -73,889,000 | -98,732,000 | -44,593,000 | -12,877,000 | 5,886,000 | -10,515,000 | -39,128,000 | -9,675,000 | 1,523,000 | -6,174,000 | -8,281,000 | -12,546,000 | -2,230,000 | -13,792,000 | -17,984,000 | -27,816,000 | -3,009,000 | -11,943,000 | -5,031,000 | 1,429,000 | -4,622,000 | -9,366,000 | -6,114,000 | ||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||
impairment of intangible assets | 0 | 0 | 0 | 3,320,000 | ||||||||||||||||||||||||||||||||||||||||||||
provision for (recovery of) doubtful accounts | 227,000 | -210,000 | ||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effect of business acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency gain | 2,266,000 | 798,000 | -3,910,000 | -1,760,000 | -777,000 | -1,426,000 | -375,000 | |||||||||||||||||||||||||||||||||||||||||
repayment of financing lease | 0 | 0 | -68,000 | -208,000 | -205,000 | -206,000 | -199,000 | -197,000 | ||||||||||||||||||||||||||||||||||||||||
gain on disposal of property and equipment | -3,000 | -10,000 | -10,000 | -13,000 | -26,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 2024 term loan b facility, net of debt discount | 0 | 361,350,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repayment of 2021 term loan b facility | 0 | -351,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | -8,348,000 | -4,156,000 | -5,427,000 | -8,549,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | -27,000 | -56,000 | -1,000 | -2,000 | 52,000 | 6,000 | 22,000 | 50,000 | -5,000 | -5,000 | -6,000 | -6,000 | 22,000 | 76,000 | 12,000 | 4,000 | 94,000 | 29,000 | 0 | 120,000 | -74,000 | -2,000 | 13,000 | 258,000 | 209,000 | 0 | 2,000 | 3,000 | 29,000 | 0 | 1,000 | 28,000 | 3,000 | 0 | 175,000 | 24,000 | ||||||||||||
mergers and acquisitions, net of cash acquired and indemnification claims holdback | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from convertible senior notes offering | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt, net of debt discount | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
payment for capped call options | 0 | 0 | 0 | -38,960,000 | ||||||||||||||||||||||||||||||||||||||||||||
mergers and acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||
mergers and acquisitions, net of cash acquired | 0 | 0 | -20,755,000 | |||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency gains | 4,960,000 | 947,000 | 188,000 | -1,213,000 | -1,083,000 | -993,000 | 227,000 | 598,000 | -758,000 | 1,011,000 | 119,000 | |||||||||||||||||||||||||||||||||||||
unrealized foreign currency losses | -3,497,000 | 458,000 | -1,168,000 | 960,000 | -183,000 | -2,151,000 | 972,000 | |||||||||||||||||||||||||||||||||||||||||
accretion of available for sale securities | -38,000 | -56,000 | -164,000 | -154,000 | ||||||||||||||||||||||||||||||||||||||||||||
maturities of available-for-sale securities | 0 | 0 | 0 | 7,500,000 | 7,000,000 | 14,500,000 | 18,550,000 | 22,600,000 | 13,400,000 | 22,600,000 | 28,100,000 | 16,950,000 | 16,760,000 | 7,800,000 | 6,400,000 | 6,400,000 | ||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 1,707,000 | 1,417,000 | 99,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash (used in), net of cash acquired, in merger and acquisition activities | -29,086,000 | |||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash to consolidated balance sheets | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | -4,788,000 | -275,580,000 | 468,550,000 | |||||||||||||||||||||||||||||||||||||||||||||
restricted cash included in other assets, non-current, and prepaid expenses and other current assets | -2,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents and restricted cash | -4,790,000 | -275,381,000 | 468,604,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from convertible notes offering | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from convertible notes offering, net of debt discount | 389,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
restricted cash included in other assets, non-current | 54,000 | |||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
investments in available-for-sale securities | 0 | 0 | -4,753,000 | -19,238,000 | -28,805,000 | -34,630,000 | -16,841,000 | -14,948,000 | -18,374,000 | -7,035,000 | -18,917,000 | -11,832,000 | ||||||||||||||||||||||||||||||||||||
sales of available-for-sale securities | 0 | 3,142,000 | ||||||||||||||||||||||||||||||||||||||||||||||
restricted cash included in other asset, non-current | ||||||||||||||||||||||||||||||||||||||||||||||||
accretion of available-for-sale securities | 0 | 0 | 24,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash acquired in merger | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of other cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | 523,000 | 256,000 | 50,000 | -9,000 | 155,000 | 53,000 | 92,000 | 107,000 | ||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 15,000 | 19,000 | 15,000 | 15,000 | 21,000 | 15,000 | 10,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
capitalized assets financed by accounts payable and accrued expenses | 2,332,000 | -282,000 | 338,000 | -1,864,000 | 1,887,000 | -391,000 | 509,000 | 3,000 | -709,000 | 475,000 | 237,000 | -1,956,000 | -1,879,000 | 3,690,000 | 254,000 | -127,000 | 56,000 | 1,031,000 | 667,000 | -578,000 | -990,000 | 1,462,000 | 448,000 | 748,000 | 81,000 | 332,000 | 711,000 | |||||||||||||||||||||
capitalized stock-based compensation | 245,000 | 210,000 | 161,000 | 166,000 | 102,000 | 154,000 | 145,000 | 126,000 | 110,000 | 139,000 | 145,000 | 105,000 | 87,000 | 85,000 | 166,000 | 180,000 | 235,000 | 331,000 | 206,000 | 233,000 | 226,000 | 188,000 | 172,000 | 132,000 | 162,000 | 223,000 | 107,000 | |||||||||||||||||||||
operating lease right-of-use assets obtained in exchange for new operating lease liabilities | 1,874,000 | 459,000 | 9,837,000 | |||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | 52,000 | 2,000 | 1,000 | -77,000 | 0 | -152,000 | 1,252,000 | 245,000 | 0 | 50,000 | 50,000 | |||||||||||||||||||||||||||||||||||||
common stock and options issued for merger | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
impairment of intangible assets and internal use software | ||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of contingent consideration | 442,000 | -139,000 | -135,000 | 138,000 | ||||||||||||||||||||||||||||||||||||||||||||
repayment of debt and capital lease obligations | 0 | 0 | -53,000 | -52,000 | -51,000 | -52,000 | -3,838,000 | -135,000 | ||||||||||||||||||||||||||||||||||||||||
common stock and options issued for business acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||
conversion of contingent consideration to common stock | ||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 62,000 | -86,000 | 7,000 | -109,000 | 31,000 | 38,000 | -152,000 | 106,000 | -152,000 | |||||||||||||||||||||||||||||||||||||||
change in fair value of preferred stock warrant liabilities | 0 | 0 | 1,742,000 | -1,010,000 | ||||||||||||||||||||||||||||||||||||||||||||
net cash used by investing activities | -16,094,000 | -9,429,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of common stock in initial public offering, net of underwriting discounts and commissions | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
payments of initial public offering costs | 0 | -139,000 | -1,425,000 | -1,473,000 | ||||||||||||||||||||||||||||||||||||||||||||
leasehold improvements paid by landlord | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
conversion of preferred stock to common stock | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
reclassification of preferred stock warrant liabilities to additional-paid-in-capital | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
reclassification of deferred offering costs to additional-paid-in-capital | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents--beginning of period | 0 | 0 | 116,499,000 | 0 | 0 | 0 | 97,196,000 | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents--end of period | 7,076,000 | 10,621,000 | 136,567,000 | 36,634,000 | -19,369,000 | -21,102,000 | 120,336,000 | -6,893,000 | -1,599,000 | |||||||||||||||||||||||||||||||||||||||
net cash provided (used) by investing activities | 2,651,000 | |||||||||||||||||||||||||||||||||||||||||||||||
deferred offering costs included in accounts payable and accrued expenses | 1,161,000 | |||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effect of business acquisition: | ||||||||||||||||||||||||||||||||||||||||||||||||
acquisition, net of cash acquired | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
maturities and sales of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock and options issued for business acquisition | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration accretion | ||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | -6,893,000 | -1,599,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash--beginning of period | 0 | 0 | 0 | 29,956,000 | ||||||||||||||||||||||||||||||||||||||||||||
assets acquired under capital leases | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock and exchange of stock options for business acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | -22,000 | 68,000 | 53,000 | |||||||||||||||||||||||||||||||||||||||||||||
unpaid deferred offering costs in accounts payable and accrued expenses | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||
change in cash | -5,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash--end of period | 24,464,000 |
