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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net loss attributable to common stockholders $ (34,937) $ (18,568)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 28,913 23,933
Stock-based compensation 31,531 25,981
Provision for expected credit losses 3,987 4,023
Loss on extinguishment of debt 0 407
Net accretion of discounts and amortization of premiums on investments (3,436) (117)
Non-cash interest expense 1,983 1,959
Loss on impairment of long-lived assets 553 0
Deferred income taxes 4,150 0
Operating lease right-of-use assets and liabilities, net 9,523 445
Other 590 697
Changes in operating assets and liabilities:    
Accounts receivable (5,125) (6,931)
Prepaid expenses and other current assets (2,755) 2,843
Accounts payable and accrued expenses (11,031) (10,455)
Deferred revenue (535) 422
Other assets and liabilities 12,804 5,762
Net cash provided by operating activities 36,215 30,401
Investing activities    
Capital expenditures - property and equipment (23,314) (23,045)
Capital expenditures - internal-use software development (1,794) (2,276)
Cash paid for asset acquisitions (2,500) (4,000)
Purchase of available-for-sale securities (195,910) (1,091,279)
Maturities of available-for-sale securities 331,581 0
Purchased interest on available-for-sale securities (113) (1,530)
Proceeds from interest on available-for-sale securities 0 649
Proceeds from sale of equipment 6 457
Net cash provided by (used in) investing activities 107,956 (1,121,024)
Financing activities    
Payment of debt issuance costs 0 (921)
Proceeds related to the issuance of common stock under equity incentive plan 5,535 5,426
Employee payroll taxes paid related to net settlement of equity awards (3,864) (12,384)
Repurchase and retirement of common stock (265,901) (150,000)
Net cash used in financing activities (264,230) (157,879)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (29) (49)
Decrease in cash, cash equivalents and restricted cash (120,088) (1,248,551)
Cash, cash equivalents and restricted cash - beginning of period 151,807 1,715,425
Cash, cash equivalents and restricted cash - end of period 31,719 466,874
Supplemental disclosures of cash flow information:    
Cash paid for interest 126 92
Cash paid for taxes, net of refunds 393 1,003
Cash paid for amounts included in the measurement of lease liabilities 16,579 10,702
Non-cash investing and financing activities:    
Capitalized stock-based compensation 392 411
Property and equipment received but not yet paid, included in Accounts payable and Accrued other expenses 20,437 20,846
Debt issuance costs included in accounts payable and accrued liabilities 0 297
Operating right-of-use assets obtained in exchange for operating lease liabilities $ 48,597 $ 23,196