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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities    
Net loss $ (54,078) $ (17,277)
Adjustments to reconcile net loss to net cash provided by operating activities    
Stock-based compensation 103,870 89,357
Depreciation and amortization 54,092 40,894
Accretion of discounts on marketable debt securities, net (4,295) (6,749)
Abandonment of long-lived assets 2,455 580
Noncash operating lease expense 2,929 4,993
Unrealized foreign currency (gain) loss, net (2,150) 714
Deferred income taxes 1,568 2
(Benefit from) provision for credit losses (966) 405
Decrease (increase) in fair value of strategic investments 183 (641)
Changes in operating assets and liabilities, net of effect of asset acquisitions and business combinations    
Accounts receivable 54,618 48,994
Deferred contract cost assets (20,175) (2,089)
Prepaid expenses and other assets (9,236) (190)
Accounts payable (12,973) 13,279
Accrued expenses and other liabilities 11,632 (30,447)
Deferred revenue (28,309) (10,877)
Operating lease liabilities (2,309) (3,108)
Net cash provided by operating activities 96,856 127,840
Investing activities    
Purchases of property and equipment (7,008) (3,963)
Capitalized software development costs (32,557) (19,732)
Purchases of strategic investments, net (902) (1,072)
Purchases of marketable securities (218,606) (324,374)
Maturities of marketable securities 223,659 226,099
Customer repayments of materials financing 0 1,483
Business combinations, net of cash acquired (41,515) (25,945)
Asset acquisitions, net of cash acquired (3,533) (3,792)
Net cash used in investing activities (80,462) (151,296)
Financing activities    
Proceeds from stock option exercises 7,607 9,915
Proceeds from employee stock purchase plan 14,404 13,187
Repurchases of common stock (103,160) 0
Payment of tax withholding for net share settlement (49,855) 0
Principal payments under finance lease agreements, net of proceeds from lease incentives (800) (669)
Net cash (used in) provided by financing activities (131,804) 22,433
Net decrease in cash and cash equivalents (115,410) (1,023)
Effect of exchange rate changes on cash 1,950 (528)
Cash and cash equivalents, beginning of period 437,722 357,790
Cash and cash equivalents, end of period 324,262 356,239
Supplemental disclosure of cash flow information    
Cash paid for income taxes, net of refunds received 2,908 1,635
Stock-based compensation capitalized for cloud-computing arrangement costs 94 72
Cash received for lease incentives 324 294
Operating cash flows from finance leases 564 793
Operating cash flows from operating leases 3,255 4,374
Financing cash flows from finance leases 800 908
Noncash investing and financing activities:    
Purchases of property and equipment included in accounts payable and accrued expenses at period end 1,579 1,582
Capitalized software development costs included in accounts payable and accrued expenses at period end 3,179 3,287
Stock-based compensation capitalized for software development 9,089 5,882
Deferred business combination payment included in other current liabilities at period end 0 1,460
Deferred asset acquisition payment included in other current liabilities and accrued expenses at period end 635 1,481
Right of use assets obtained or modified in exchange for operating lease liabilities 7,140 (3,780)
Financing lease right of use asset modified to operating lease $ (10,305) $ 0