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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net (loss) income and comprehensive (loss) income $ (12,375) $ 1,016
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on impairments and disposal of assets 254 368
Amortization of intangibles 1,307 1,489
Depreciation 4,297 4,667
Non-cash compensation expense 9,927 7,789
Deferred income taxes 396 128
Bad debt expense 86 (129)
Amortization of debt issuance costs 473 612
Amortization of debt discount 103 6
Reduction in carrying amount of ROU asset, offset by change in operating lease liabilities (227) (1,007)
Gain on settlement of convertible debt (266) 0
Changes in current assets and liabilities:    
Accounts receivable 12,463 (8,235)
Prepaid and other current assets (4,680) (2,034)
Accounts payable, accrued expenses and other current liabilities (8,798) 797
Income taxes (3,252) 86
Other, net 82 155
Net cash (used in) provided by operating activities (210) 5,708
Cash flows from investing activities:    
Capital expenditures (3,414) (2,746)
Net cash used in investing activities (3,414) (2,746)
Cash flows from financing activities:    
Proceeds from term loan 50,000 125,000
Repayment of term loan (3,750) (625)
Payments related to net-share settlement of stock-based compensation, net of proceeds from exercise of stock options (2,630) (1,422)
Repurchase of 0.50% Convertible Senior Notes (19,700) 0
Payment of debt issuance costs (500) (4,085)
Payment of original issue discount 0 (3,125)
Net cash provided by financing activities 23,420 115,743
Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents 19,796 118,705
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 106,594 112,056
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period $ 126,390 $ 230,761