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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (44,238) $ (33,530)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,027 2,719
Provision for bad debts 49 65
Impairments and reduction in carrying amount of operating lease right-of-use assets 11,408 1,350
Impairments of fixed assets 3,649 0
Loss on extinguishment of debt and amortization of debt discount 0 2,799
Stock-based compensation expense 13,353 14,532
Change in fair value of financial instruments and other expenses 63 9,985
Change in fair value of contingent consideration 249 0
Deferred income taxes (725) 92
Changes in assets and liabilities:    
Accounts receivable (6,013) (6,064)
Prepaid expenses (3,386) (2,112)
Deferred implementation and commission costs 29 236
Other assets (current and non-current) (30) 1,475
Accounts payable (3,071) 195
Accrued expenses and other 1,653 4,165
Operating lease liabilities (1,627) (1,350)
Deferred revenue (2,248) (4,530)
Other liabilities (current and non-current) 1,096 (848)
Net cash used in operating activities (25,762) (10,821)
Cash flows from investing activities:    
Purchase of business, net of acquired cash (59,456) 0
Purchases of marketable securities (57) (45,037)
Proceeds from marketable securities 45,174 0
Purchases of property and equipment (922) (1,120)
Net cash used in investing activities (15,261) (46,157)
Cash flows from financing activities:    
Payments on borrowings 0 (44,663)
Business Combination and PIPE financing 0 349,638
Payments of equity issuance costs 0 (19,936)
Debt extinguishment costs 0 (1,565)
Payment of deferred purchase price (557) 0
Change in customer funds payable 512 3,694
Payments on finance leases (145) (125)
Proceeds from common stock issued 2,119 4,184
Taxes paid on net share issuance of stock-based compensation (50) (4,271)
Net cash provided by financing activities 1,879 286,956
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (45) 0
Net increase (decrease) in cash, cash equivalents, and restricted cash (39,189) 229,978
Cash, cash equivalents, and restricted cash, beginning of period 212,809 38,843
Cash, cash equivalents, and restricted cash, end of period 173,620 268,821
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 0 135
Noncash Investing & Financing Activities:    
Equity issuance costs charged to additional paid-in-capital 0 1,624
Issuance and vesting of earnout shares 0 237,008
Reclassification of stock warrant liability to equity 0 1,433
Contingent compensation consideration 586 0
Net assets acquired in Business Combination and other $ 0 $ 255