Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 164,435 $ 178,430
Accounts receivable, net 42,654 47,973
Costs capitalized to obtain revenue contracts, current 8,509 8,116
Prepaid expenses and other current assets 9,559 6,045
Total current assets 225,157 240,564
Property and equipment, net 3,223 3,257
Operating lease right-of-use assets, net 13,799 16,401
Intangible assets, net 513 640
Goodwill 8,785 8,785
Costs capitalized to obtain revenue contracts, non-current 12,565 12,941
Other long-term assets 700 540
Total assets 264,742 283,128
Current liabilities:    
Accounts payable 1,392 1,544
Contract liabilities 99,793 90,952
Operating lease liabilities, current 5,216 5,271
Accrued expenses and other current liabilities 12,362 21,799
Total current liabilities 118,763 119,566
Operating lease liabilities, non-current 10,373 12,996
Other long-term liabilities 887 887
Total liabilities 130,023 133,449
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 June 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 143,890 and 142,241 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 371,844 352,881
Accumulated deficit (237,125) (203,202)
Total stockholders’ equity 134,719 149,679
Total liabilities and stockholders’ equity $ 264,742 $ 283,128