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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net loss and comprehensive loss $ (41,704) $ (122,404) $ (187,952)
Adjustments to reconcile net loss to net cash provided by operating activities      
Loss on impairments and disposal of assets 2,584 5,437 6,590
Amortization of intangibles 5,889 7,694 25,306
Depreciation 18,300 19,070 20,095
Non-cash compensation expense 28,579 39,682 59,624
Deferred income taxes 2,793 (4,692) 132,666
Bad debt expense 171 1,752 4,101
Amortization of debt issuance costs 2,168 3,137 6,432
Amortization of debt discount 331 0 1,475
Reduction in carrying amount of ROU asset, offset by change in operating lease liabilities (2,839) (4,404) (1,547)
Gain on settlement of convertible debt (9,035) (48,562) 0
Loss (gain) on investments 58,376 114,504 0
Loss on impairment of goodwill 0 38,600 0
Changes in current assets and liabilities:      
Accounts receivable (43,007) 27,706 9,143
Prepaid and other current assets (4,747) (2,977) (4,313)
Accounts payable, accrued expenses and other current liabilities 44,581 (5,541) (28,418)
Income taxes receivable 96 (140) 214
Other, net (278) (1,291) (449)
Net cash provided by operating activities 62,258 67,571 42,967
Cash flows from investing activities      
Capital expenditures (11,220) (12,528) (11,443)
Purchase of equity investment 0 0 (16,440)
Other investing activities 2 50 7
Net cash used in investing activities (11,218) (12,478) (27,876)
Cash flows from financing activities      
Payments related to net-share settlement of stock-based compensation, net of proceeds from exercise of stock options (2,186) (1,088) (3,411)
Purchase of treasury stock 0 0 (43,009)
Proceeds from term loan 125,000 0 250,000
Repayment of term loan (12,500) (1,875) (1,250)
Payment of debt issuance costs (4,300) (1,580) (135)
Payment of original issue discount on term loan (3,125) 0 0
Other financing activities (552) 1 0
Net cash (used in) provided by financing activities (56,502) (242,006) 32,536
Net (decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents (5,462) (186,913) 47,627
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 112,056 298,969 251,342
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 106,594 112,056 298,969
Non-cash investing activities:      
Increase (decrease) in capital expenditures included in accounts payable and accrued expenses 128 (377) (294)
Supplemental cash flow information:      
Interest paid 38,203 23,685 19,017
Income tax payments 1,676 1,283 404
Income tax refunds 220 100 287
2025 Convertible Notes      
Adjustments to reconcile net loss to net cash provided by operating activities      
Amortization of debt issuance costs 1,000 2,200 3,000
Gain on settlement of convertible debt (10,100) (53,300)  
Cash flows from financing activities      
Repayment of Convertible Senior Notes (158,839) (237,464) 0
2022 Convertible Notes      
Adjustments to reconcile net loss to net cash provided by operating activities      
Amortization of debt issuance costs     400
Cash flows from financing activities      
Repayment of Convertible Senior Notes $ 0 $ 0 $ (169,659)