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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (23,325) $ (42,664)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,967 3,112
Amortization of deferred contract acquisition costs 6,652 5,617
Non-cash lease expense 1,980 1,850
Stock-based compensation 52,442 50,694
Discount amortization on marketable securities (4,623) (3,520)
Deferred income taxes 477 113
Other (86) 70
Changes in operating assets and liabilities:    
Accounts receivable 12,850 (2,490)
Deferred contract acquisition costs (7,072) (5,568)
Prepaid expenses and other assets (6,609) (7,248)
Accounts payable (1,968) (1,494)
Accrued and other liabilities 245 (392)
Deferred revenue 9,508 14,924
Operating lease liabilities (2,819) (1,500)
Net cash provided by operating activities 40,619 11,504
Cash Flows from Investing Activities:    
Purchases of property and equipment (739) (383)
Proceeds from sale of property and equipment 41 24
Capitalized internal-use software (1,207) (2,025)
Purchases of marketable securities (218,881) (217,754)
Maturities and redemptions of marketable securities 183,015 261,474
Net cash provided by (used in) investing activities (37,771) 41,336
Cash Flows from Financing Activities:    
Proceeds from exercise of stock options 10 6
Payment of withholding taxes on net share settlement of equity awards (22,964) (12,434)
Net cash used in financing activities (22,954) (12,428)
Net increase (decrease) in cash, cash equivalents and restricted cash (20,106) 40,412
Cash, cash equivalents and restricted cash, beginning of period 488,216 304,158
Cash, cash equivalents and restricted cash, end of period 468,110 344,570
Reconciliation of cash, cash equivalents and restricted cash to consolidated balance sheets:    
Cash and cash equivalents 468,017 344,487
Restricted cash included in prepaid expenses and other current assets 0 3
Restricted cash included in other assets 93 80
Total cash, cash equivalents and restricted cash 468,110 344,570
Supplemental cash flow information:    
Cash paid for taxes 1,662 2,158
Non-cash investing and financing activities:    
Operating lease right-of-use assets obtained in exchange for operating lease obligations 311 0
Stock-based compensation capitalized as internal-use software $ 374 $ 514