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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Net loss $ (17,224) $ (35,931)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,494 3,562
Stock-based compensation 31,012 19,488
Change in fair value of liabilities 468 (562)
Net (accretion) amortization on securities (2,517) 863
Benefit for deferred taxes (20) (258)
Impairment of long-lived assets 429 0
Non-cash operating lease cost 914 755
Non-cash acquisition-related costs 1,066 58
Non-cash other 75 0
Changes in operating assets and liabilities:    
Inventory 145 (6,115)
Prepaid expenses and other current assets (4,756) (6,762)
Other long-term assets (32) (27)
Accounts payable 5,438 7,453
Accrued liabilities 7,159 150
Deferred revenue 586 (851)
Operating lease liabilities (928) (772)
Earn-out payable 0 (6,848)
Net cash provided by (used in) operating activities 26,309 (25,797)
Investing activities    
Purchases of investments (65,376) (89,146)
Maturities of investments 72,334 101,259
Proceeds from sales of investments 676 22,291
Investment in website and mobile application development and internal-use software (4,062) (2,397)
Purchases of property, equipment, and intangible assets (5,312) (276)
Deferred consideration paid for acquisitions 0 (459)
Net cash (used in) provided by investing activities (1,740) 31,272
Financing activities    
Proceeds from exercise of vested stock options 560 1,470
Payments for taxes related to net share settlement of equity awards (7,411) (1,183)
Proceeds from employee stock purchase plan 898 553
Payments for earn-out consideration for acquisitions 0 (23,014)
Net cash used in financing activities (5,953) (22,174)
Foreign currency effect on cash and cash equivalents 29 (52)
Increase (decrease) in cash, cash equivalents, and restricted cash 18,645 (16,751)
Cash, cash equivalents, and restricted cash at beginning of period 47,628 72,640
Cash, cash equivalents, and restricted cash at end of period 66,273 55,889
Reconciliation of cash, cash equivalents, and restricted cash    
Cash and cash equivalents 65,417 55,033
Restricted cash 856 856
Total cash, cash equivalents, and restricted cash 66,273 55,889
Supplemental disclosures of cash flow information    
Cash paid for taxes 626 528
Non-cash investing and financing activities    
Purchase of property and equipment included in accounts payable 466 0
Right-of-use asset obtained in exchange for lease liability 591 0
Vesting of early exercised stock options $ 0 $ 76