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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (38,304) $ (48,763)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,891 2,679
Stock-based compensation 35,811 35,998
Amortization of deferred commissions 3,462 6,120
Noncash operating lease costs 2,367 2,326
Amortization of debt issuance costs 376 370
Amortization of premium and accretion of discount on marketable securities (1,293) 0
Changes in assets and liabilities:    
Trade receivables 60,586 53,575
Prepaid expenses and other current assets (7,236) (2,575)
Deferred commissions (3,033) (6,942)
Other long-term assets (589) 359
Trade payables (2,254) (553)
Accrued expenses and other short-term liabilities (15,794) (12,502)
Deferred revenues (1,374) (5,646)
Other long-term liabilities 1,214 96
Net cash provided by operating activities 36,830 24,542
Cash flows from investing activities:    
Proceeds from sales and maturities of marketable securities 16,650 0
Investment in marketable securities (59,555) (28,372)
Proceeds from short-term and long-term deposits 4,000 1,850
Investment in short-term and long-term deposits (102,500) (1,853)
Purchases of property and equipment (1,110) (3,495)
Net cash used in investing activities (142,515) (31,870)
Cash flows from financing activities:    
Proceeds from employee stock plans 5,853 6,111
Taxes paid related to net share settlement of equity awards (16,864) (28,825)
Repurchase of common stock (2,519) 0
Net cash used in financing activities (13,530) (22,714)
Decrease in cash and cash equivalents (119,215) (30,042)
Cash and cash equivalents at beginning of period 367,800 805,761
Cash and cash equivalents at end of period 248,585 775,719
Supplemental disclosure of cash flow information and non-cash activities:    
Cash paid for income taxes 351 507
Cash paid for interest 1,608 1,582
Lease liabilities arising from obtaining right-of-use assets $ 997 $ 248