v3.25.2

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Income Statement [Abstract]
Revenue	$ 218,700	$ 192,476	$ 429,403	$ 377,206
Cost of revenue	87,755	78,328	169,014	153,910
Gross profit	130,945	114,148	260,389	223,296
Operating expenses:
Research and development	39,644	32,984	79,238	65,911
Sales and marketing	19,288	17,997	38,689	36,907
General and administrative	36,394	40,839	69,201	86,612
Total operating expenses	95,326	91,820	187,128	189,430
Income from operations	35,619	22,328	73,261	33,866
Other income (expense):
Interest expense	(2,239)	(2,321)	(4,447)	(4,625)
Loss on extinguishment of debt	(269)	0	(269)	0
Interest income and other income, net	9,337	4,802	15,283	9,823
Other income, net	6,829	2,481	10,567	5,198
Income before income taxes	42,448	24,809	83,828	39,064
Income tax expense	(5,421)	(5,671)	(8,597)	(5,787)
Net income attributable to common stockholders	$ 37,027	$ 19,138	$ 75,231	$ 33,277
Net income per share attributable to common stockholders
Basic (in dollars per share)	$ 0.41	$ 0.21	$ 0.82	$ 0.37
Diluted (in dollars per share)	$ 0.39	$ 0.20	$ 0.77	$ 0.35
Weighted-average shares used to compute net income per share attributable to common stockholders
Basic (in shares)	91,097,000	91,318,000	91,538,000	91,049,000
Diluted (in shares)	100,617,000	93,832,000	101,521,000	94,005,000

The aggregate cost of goods produced and sold and services rendered during the reporting period.

+ References

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