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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (48,763) $ (35,656)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,679 2,349
Stock-based compensation 35,998 21,379
Amortization of deferred commissions 6,120 4,157
Noncash operating lease costs 2,326 2,242
Amortization of debt discount and issuance costs 370 1,689
Changes in assets and liabilities:    
Trade receivables 53,575 42,927
Prepaid expenses and other current assets (2,575) (1,673)
Deferred commissions (6,942) (3,873)
Other long-term assets 359 900
Trade payables (553) (213)
Accrued expenses and other short-term liabilities (12,502) (5,029)
Deferred revenues (5,646) (7,618)
Other long-term liabilities 96 (1,198)
Net cash provided by operating activities 24,542 20,383
Cash flows from investing activities:    
Proceeds from sales and maturities of marketable securities 0 6,036
Investment in marketable securities (28,372) 0
Proceeds from short-term and long-term deposits 1,850 50,235
Investment in short-term and long-term deposits (1,853) (60,000)
Purchases of property and equipment (3,495) (1,116)
Net cash used in investing activities (31,870) (4,845)
Cash flows from financing activities:    
Proceeds from employee stock plans 6,111 4,673
Taxes paid related to net share settlement of equity awards (28,825) (731)
Proceeds from follow-on offering, net 0 500,034
Net cash provided by (used in) financing activities (22,714) 503,976
Increase (decrease) in cash and cash equivalents (30,042) 519,514
Cash and cash equivalents at beginning of period 805,761 234,092
Cash and cash equivalents at end of period 775,719 753,606
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 507 2,822
Cash paid for interest 1,582 1,582
Lease liabilities arising from obtaining right-of-use assets $ 248 $ 7,785