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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net loss $ (11,053) $ (4,942)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,662 258
Foreign currency remeasurement loss (gain) 194 (71)
Provision for doubtful accounts (9) (393)
Stock-based compensation 8,274 3,289
(Gain) loss on disposal of property and equipment (12) 1
Deferred income taxes (9) 0
Change in value of earn-out and warrant liabilities (3,252) 0
Changes in operating assets and liabilities:    
Accounts receivable and long-term unbilled receivables 9,248 6,224
Prepaid expenses and other current assets 205 (379)
Deferred contract costs and other assets (2,090) (969)
Accounts payable, accrued expenses and other liabilities (11,725) (7,462)
Deferred revenue 2,444 179
Net cash used in operating activities (6,123) (4,265)
Investing activities    
Maturities of investments 861 0
Purchases of investments (179,890) (268)
Acquisition of I-Access, net of cash acquired (1,473) 0
Purchase of property and equipment (969) (266)
Net cash used in investing activities (181,471) (534)
Financing activities    
Payments of transaction fees 0 (1,255)
Purchase of common stock (744) 0
Proceeds from stock option exercises 1,036 1,126
Proceeds from sale of common shares of subsidiary 0 753
Repayments of finance leases (5) (7)
Net cash provided by financing activities 287 617
Effect of exchange rates on cash (2,146) (365)
Net decrease in cash and cash equivalents (189,453) (4,547)
Cash and cash equivalents at beginning of period 268,217 69,112
Cash and cash equivalents at end of period 78,764 64,565
Supplemental disclosures of cash flow information    
Income taxes paid 335 304
Noncash acquisition of I-Access $ 5,636 $ 0