XML 21 R8.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net loss $ (23,815) $ (37,377)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,710 9,354
Non-cash leases expense 2,182 3,202
Stock-based compensation expense, net of amounts capitalized 20,402 26,254
Deferred income taxes 304 217
Bad debt expense 497 644
Unrealized foreign currency (gains) losses, net and other (195) 727
Changes in assets and liabilities:    
Accounts receivable 1,334 (1,047)
Prepaid expenses and other assets (7,090) (8,117)
Accounts payable and accrued liabilities (5,024) (2,341)
Accrued compensation (8,368) (6,898)
Deferred revenue 9,033 14,283
Operating lease liabilities (2,897) (3,801)
Net cash used in operating activities (7,927) (4,900)
Cash flows from investing activities    
Purchases of property and equipment (15) (441)
Capitalized internal-use software (2,079) (2,565)
Proceeds from sale of a private company investment 6,753 0
Net cash provided by (used in) investing activities 4,659 (3,006)
Cash flows from financing activities    
Proceeds from stock option exercises 0 2,273
Payments to repurchase common stock 0 (36,376)
Repayment of debt (550) (25,550)
Net cash used in financing activities (550) (59,653)
Effect of exchange rate changes on cash 213 393
Net decrease in cash, cash equivalents and restricted cash (3,605) (67,166)
Cash, cash equivalents and restricted cash at beginning of period 203,258 306,121
Cash, cash equivalents and restricted cash at end of period 199,653 238,955
Supplemental cash flow data:    
Interest paid for term debt 3,967 2,009
Non-cash investing and financing transaction:    
Stock compensation included in capitalized software costs $ 506 $ 719