Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 91,580 $ 128,381
Short-term investments 272,785 241,411
Accounts receivable, net of allowance for credit losses of $29 and $34, respectively 37,628 55,999
Contract assets 18,932 19,670
Deferred commissions 7,783 8,457
Prepaid expenses and other assets 10,563 9,787
Total current assets 439,271 463,705
Deferred commissions 16,369 15,601
Property and equipment, net 2,694 2,463
Operating lease right-of-use assets 11,417 12,626
Contract and other assets 3,199 2,783
Total assets 472,950 497,178
Current liabilities:    
Accounts payable 1,584 2,039
Accrued expenses 4,551 5,016
Accrued compensation 18,152 22,359
Current portion of operating lease liability 1,112 1,820
Deferred revenue 64,910 67,222
Other liabilities 1,637 2,258
Total current liabilities 91,946 100,714
Long-term debt 39,515 39,483
Long-term operating lease liability 10,569 11,037
Deferred revenue 2,879 8,172
Other liabilities 1,724 1,646
Total liabilities 146,633 161,052
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Additional paid-in capital 601,834 593,196
Accumulated other comprehensive income 4,694 6,672
Accumulated deficit (280,295) (263,825)
Total stockholders’ equity 326,317 336,126
Total liabilities and stockholders’ equity 472,950 497,178
Class A common stock    
Stockholders’ equity:    
Common stock 32 29
Class B common stock    
Stockholders’ equity:    
Common stock $ 52 $ 54