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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 $ (24,200) $ (25,629)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization expense 12,424 13,893
Amortization of deferred contract costs 4,774 3,755
Amortization of debt issuance costs 684 679
Non-cash lease expense 1,493 1,291
Provision for credit losses and returns 14 128
Share‑based compensation 19,550 16,010
Deferred tax benefit (27) (468)
Adjustment to contingent consideration 0 88
Other (677) 725
Changes in operating assets and liabilities:    
Trade accounts receivable 3,915 (2,190)
Income tax receivable/payable (273) 533
Prepaid expenses and other assets (8,598) (3,668)
Deferred contract costs (8,145) (6,952)
Accounts payable (575) (413)
Accrued liabilities (19,765) (11,250)
Deferred revenue (5,394) 10,478
Net cash used in operating activities (24,800) (2,990)
Investing activities    
Acquisitions, net of cash acquired 0 (4,023)
Purchases of equipment and leasehold improvements (1,121) (1,964)
Purchase of investments (750) 0
Other 14 8
Net cash used in investing activities (1,857) (5,979)
Financing activities    
Debt issuance costs 0 (50)
Cash paid for contingent consideration (206) (4,588)
Proceeds from the exercise of stock options 2,723 1,197
Net cash provided by (used in) financing activities 2,517 (3,441)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 42 (145)
Net decrease in cash, cash equivalents, and restricted cash (24,098) (12,555)
Cash, cash equivalents, and restricted cash, beginning of period 231,921 177,150
Cash, cash equivalents, and restricted cash, end of period 207,823 164,595
Cash paid for:    
Interest 313 293
Income taxes, net of refunds 894 192
Non-cash activities:    
Operating lease assets obtained in exchange for operating lease liabilities 0 8,314
Purchases of equipment and leasehold improvements accrued but not paid 83 0
Reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above:    
Cash and cash equivalents 200,340 164,595
Restricted cash included in other current assets 283 0
Restricted cash included in other assets 7,200 0
Total cash, cash equivalents, and restricted cash $ 207,823 $ 164,595