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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities    
Net loss $ (20,346) $ (39,786)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation and amortization expense 26,320 23,869
Amortization of deferred contract costs 15,259 12,862
Amortization of capitalized CCA implementation costs 3,210 0
Amortization of debt issuance costs 1,519 1,397
Non-cash lease expense 2,253 2,856
Provision for credit losses and returns 580 130
Stock-based compensation 52,207 46,862
Deferred income tax benefit (1,651) (517)
Other (1,056) (590)
Changes in operating assets and liabilities:    
Trade accounts receivable (9,920) (1,072)
Prepaid expenses and other assets (10,004) (16,553)
Deferred contract costs (15,327) (17,935)
Accounts payable (2,586) (7,235)
Accrued liabilities (9,496) (2,997)
Income taxes payable 2,207 244
Deferred revenue 8,615 (3,188)
Other liabilities 0 62
Net cash provided by (used in) operating activities 41,784 (1,591)
Investing activities    
Acquisitions, net of cash acquired (175,608) 0
Purchases of equipment and leasehold improvements (3,857) (2,733)
Purchase of investments (3,000) (2,500)
Other 17 (305)
Net cash used in investing activities (182,448) (5,538)
Financing activities    
Proceeds from term loan 400,000 0
Debt issuance costs (2,202) (1,549)
Cash paid for offering costs 0 (197)
Payment of acquisition-related holdback (3,600) (3,600)
Repurchase and retirement of common stock 0 (35,357)
Proceeds from the exercise of stock options 368 1,756
Net cash provided by (used in) financing activities 394,566 (38,947)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (450) (216)
Net increase (decrease) in cash, cash equivalents, and restricted cash 253,452 (46,292)
Cash, cash equivalents, and restricted cash, beginning of period 228,344 250,809
Cash, cash equivalents, and restricted cash, end of period 481,796 204,517
Cash paid for:    
Interest 2,781 420
Income taxes, net of refunds 3,036 2,653
Non-cash activities:    
Employee stock purchase plan 2,285 2,729
Operating lease assets obtained in exchange for operating lease liabilities 3,008 3,256
Deferred cash consideration accrued but not paid 40,000 0
Purchases of equipment and leasehold improvements accrued but not paid 143 324
Debt issuance costs accrued but not paid 175 0
Offering costs accrued but not paid 0 675
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 481,537 200,858
Restricted cash included in other current assets 259 3,659
Total cash, cash equivalents, and restricted cash $ 481,796 $ 204,517