Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 164,618 $ 178,430
Accounts receivable, net 34,058 47,973
Costs capitalized to obtain revenue contracts, current 8,621 8,116
Prepaid expenses and other current assets 8,512 6,045
Total current assets 215,809 240,564
Property and equipment, net 2,916 3,257
Operating lease right-of-use assets, net 12,852 16,401
Intangible assets, net 449 640
Goodwill 8,785 8,785
Costs capitalized to obtain revenue contracts, non-current 12,256 12,941
Other long-term assets 808 540
Total assets 253,875 283,128
Current liabilities:    
Accounts payable 1,524 1,544
Contract liabilities 96,831 90,952
Operating lease liabilities, current 5,219 5,271
Accrued expenses and other current liabilities 12,536 21,799
Total current liabilities 116,110 119,566
Operating lease liabilities, non-current 9,346 12,996
Other long-term liabilities 887 887
Total liabilities 126,343 133,449
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value per share: 10,000 shares authorized and no shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 0 0
Common stock and capital in excess of par value, $0.0001 par value per share: 2,000,000 shares authorized, and 144,625 and 142,241 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 379,848 352,881
Accumulated deficit (252,316) (203,202)
Total stockholders’ equity 127,532 149,679
Total liabilities and stockholders’ equity $ 253,875 $ 283,128