XML 17 R6.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities:    
Net loss $ (5,290) $ (3,016)
Adjustments to reconcile net loss to net cash net (used ) provided by operating activities:    
Depreciation, amortization and accretion 1,805 5,184
Deferred income tax benefit (495) (291)
Stock-based compensation 2,076 4,020
Provisions for credit losses, service credits and other 861 657
Changes in assets and liabilities:    
Accounts receivable (576) 1,775
Prepaid expenses and other assets (416) 994
Net operating lease liabilities (109) 563
Accounts payable, accrued liabilities and other (3,582) (3,538)
Deferred revenue (169) (2,482)
Net cash (used in) provided by operating activities (5,895) 3,866
Investing activities:    
Purchases of property and equipment (1,192) (2,198)
Capitalized software development 0 (5,618)
Purchase of short-term investments (14,967) (29,993)
Maturity of short-term investments 15,000 30,000
Net cash used in investing activities (1,159) (7,809)
Financing activities:    
Cash distributions to stockholders (12,679) (5,152)
Proceeds from issuance of common stock under the Employee Stock Purchase Plan 0 132
Purchase of common stock for tax withholding on vested equity awards (1,209) (1,656)
Net cash used in financing activities (13,888) (6,676)
Effect of exchange rate on cash and cash equivalents (204) 17
Net decrease in cash and cash equivalents (21,146) (10,602)
Cash and cash equivalents, beginning of period 44,583 48,729
Cash and cash equivalents, end of period 23,437 38,127
Supplemental disclosure:    
Income taxes paid/(refunded) $ 185 $ (42)