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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net income (loss) $ 7,850 $ (5,290)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and accretion 2,501 1,805
Deferred income tax expense (benefit) 3,602 (495)
Stock-based compensation 1,859 2,076
Provisions for credit losses, service credits and other 222 861
Changes in assets and liabilities:    
Accounts receivable 1,168 (576)
Prepaid expenses and other assets (653) (416)
Net operating lease liabilities (324) (109)
Accounts payable, accrued liabilities and other (1,745) (3,582)
Deferred revenue (3,282) (169)
Net cash provided by (used in) operating activities 11,198 (5,895)
Investing activities:    
Purchases of property and equipment (1,815) (1,192)
Purchase of short-term investments 0 (14,967)
Maturity of short-term investments 0 15,000
Net cash used in investing activities (1,815) (1,159)
Financing activities:    
Cash distributions to stockholders (13,163) (12,679)
Proceeds from issuance of common stock under the Employee Stock Purchase Plan 90 0
Purchase of common stock for tax withholding on vested equity awards (1,245) (1,209)
Net cash used in financing activities (14,318) (13,888)
Effect of exchange rate on cash and cash equivalents 47 (204)
Net decrease in cash and cash equivalents (4,888) (21,146)
Cash and cash equivalents, beginning of period 35,754 44,583
Cash and cash equivalents, end of period 30,866 23,437
Supplemental disclosure:    
Income taxes paid $ 253 $ 185