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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net loss $ (220,983) $ (140,590)
Adjustments to reconcile net loss to cash used in operating activities:    
Payment of previously paid-in-kind interest (199,938) 0
Loss on extinguishment of debt 85,182 37,994
Depreciation and amortization 50,972 54,897
Deferred income taxes 32,277 (6,214)
Paid-in-kind interest 28,327 60,954
Stock-based compensation expense 23,602 23,364
Amortization of upfront incentive consideration 17,735 17,073
Loss from discontinued operations 16,588 3,769
Amortization of debt discount and issuance costs 14,916 12,424
Gain on sale of assets (5,191) 0
Other (3,317) 1,180
Provision for expected credit losses 1,103 5,591
Dividends received from equity method investments 1,042 1,460
Loss on investment fair value adjustment 0 (1,200)
Changes in operating assets and liabilities:    
Accounts and other receivables (98,505) (22,727)
Prepaid expenses and other current assets 24,752 (11,261)
Capitalized implementation costs (4,900) (7,364)
Upfront incentive consideration (9,481) (4,417)
Other assets (6,098) (9,811)
Accrued compensation and related benefits (59,349) (42,698)
Accounts payable and other accrued liabilities 37,763 28,533
Deferred revenue including upfront solution fees (8,338) (30,813)
Cash used in operating activities (281,841) (29,856)
Investing Activities    
Additions to property and equipment (39,150) (45,550)
Proceeds from sale of assets 9,267 0
Other investing activities (200) (300)
Cash used in investing activities (30,083) (45,850)
Financing Activities    
Proceeds on borrowings from lenders 1,325,000 200,090
Payments on borrowings from lenders (1,224,531) (193,706)
Debt prepayment fees and issuance costs (71,094) (49,956)
Proceeds from borrowings under Securitization Facility 54,100 146,300
Payments on borrowings under Securitization Facility (39,000) (42,200)
Net payment on the settlement of equity-based awards (9,975) (6,404)
Cash provided by financing activities 34,500 54,124
Cash Flows from Discontinued Operations    
Cash used in operating activities (22,616) (10,103)
Cash used in investing activities (1,788) (2,244)
Cash used in discontinued operations (24,404) (12,347)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 3,453 (1,663)
Decrease in cash, cash equivalents and restricted cash (298,375) (35,592)
Cash, cash equivalents and restricted cash at beginning of period 745,518 669,244
Cash, cash equivalents and restricted cash at end of period 447,143 633,652
Non-cash additions to property and equipment for continuing operations $ 899 $ 1,066