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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (56,636) $ (70,735)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 18,900 15,911
Stock-based compensation 108,812 89,954
Other 1,838 2,102
Changes in operating assets and liabilities:    
Accounts receivable 9,084 (10,727)
Prepaid expenses and other assets 17,524 20,355
Accounts payable, accrued expenses and accrued compensation 447 (8,829)
Deferred revenue 16,856 61,731
Other current and noncurrent liabilities (5,475) (529)
Net cash provided by operating activities 111,350 99,233
Cash flows from investing activities:    
Purchases of property and equipment (1,299) (5,132)
Capitalized software development costs (4,707) (8,778)
Purchases of short-term investments (217,239) (190,440)
Sales and maturities of short-term investments 242,864 163,340
Business combinations, net of cash acquired 0 (66,993)
Net cash provided by (used in) investing activities 19,619 (108,003)
Cash flows from financing activities:    
Payments on term loan (2,813) (2,813)
Proceeds from loan agreement 424 572
Proceeds from stock issued in connection with the employee stock purchase plan 16,224 14,791
Proceeds from the exercise of stock options 2,421 10,655
Other financing activities (213) (10)
Net cash provided by financing activities 16,043 23,195
Effect of exchange rate changes on cash and cash equivalents and restricted cash (2,562) (4,276)
Net increase in cash and cash equivalents and restricted cash 144,450 10,149
Cash and cash equivalents and restricted cash at beginning of period 300,866 278,271
Cash and cash equivalents and restricted cash at end of period 445,316 288,420
Supplemental disclosure of cash flow information:    
Cash paid for interest 26,786 10,619
Cash paid for income taxes, net of refunds 6,166 7,630
Supplemental cash flow information related to leases:    
Cash payments for operating leases $ 6,797 $ 3,641