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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (100,018) $ (113,770)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 8,736 8,125
Stock-based compensation 108,176 108,056
Amortization of deferred commissions 17,547 17,198
Noncash operating lease costs 7,087 6,974
Amortization of debt issuance costs 1,133 1,113
Amortization of premium and accretion of discount on marketable securities (5,557) 0
Gain from sale of property and equipment 0 (21)
Changes in assets and liabilities:    
Trade receivables 24,895 25,494
Prepaid expenses and other current assets (11,118) (5,236)
Deferred commissions (18,338) (17,510)
Other long-term assets (963) 1,338
Trade payables (1,634) 665
Accrued expenses and other short-term liabilities (17,652) (17,125)
Deferred revenues 33,555 (10,472)
Other long-term liabilities 3,120 3,608
Net cash provided by operating activities 48,969 8,437
Cash flows from investing activities:    
Proceeds from sales and maturities of marketable securities 28,850 32,800
Investment in marketable securities (331,651) (58,052)
Proceeds from short-term and long-term deposits 170,925 6,882
Investment in short-term and long-term deposits (118,605) (15,985)
Proceeds from sale of property and equipment 0 21
Purchases of property and equipment (2,945) (7,634)
Net cash used in investing activities (253,426) (41,968)
Cash flows from financing activities:    
Proceeds from employee stock plans 11,346 11,509
Taxes paid related to net share settlement of equity awards (19,971) (29,494)
Repurchase of common stock (43,522) 0
Net cash used in financing activities (52,147) (17,985)
Decrease in cash and cash equivalents (256,604) (51,516)
Cash and cash equivalents at beginning of period 367,800 805,761
Cash and cash equivalents at end of period 111,196 754,245
Supplemental disclosure of cash flow information and non-cash activities:    
Cash paid for income taxes 6,231 2,267
Cash paid for interest 3,195 3,166
Lease liabilities arising from obtaining right-of-use assets $ 1,945 $ 1,614