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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (19,368) $ (39,989)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,269 8,282
Bad debt expense and other reserves 369 340
Stock-based compensation 5,821 8,599
Increase in the fair value of contingent consideration liability 179 655
Amortization of lease right-of-use assets 305 1,693
Impairment of right-of-use assets 6,880 2,053
Other noncash expense 562 194
Changes in operating assets and liabilities:    
Accounts receivable 1,594 (2,790)
Prepaid expenses and other assets (2,065) (626)
Accounts payable 2,128 688
Accrued employee expenses (2,864) 484
Operating lease liabilities (2,492) (2,316)
Accrued expenses and other current liabilities (272) 596
Other liabilities 0 45
Net cash provided by (used in) operating activities 46 (22,092)
Cash flows from investing activities    
Purchase of property and equipment (4,181) (7,098)
Net cash used in investing activities (4,181) (7,098)
Cash flows from financing activities    
Payment for Contingent Consideration Liability, Financing Activities (1,610) (1,908)
Proceeds from exercise of common stock options 61 64
Taxes paid related to net share settlement of equity awards (1,990) (2,079)
Payments for the repurchase of common stock (1,336) 0
Net cash used in financing activities (4,875) (3,923)
Net decrease in cash, cash equivalents and restricted cash (9,010) (33,113)
Cash, cash equivalents and restricted cash at beginning of period 127,954 142,405
Cash, cash equivalents and restricted cash at end of period 136,964 175,518
Supplemental disclosures of non-cash activities    
Stock-based compensation capitalized for software development 367 447
Capitalized assets included in accounts payable, accrued employee expenses and other accrued expenses $ 691 $ 1,066