XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (11,964) $ (25,937)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 4,020 3,439
Operating lease right-of-use assets expense 4,975 5,294
Foreign currency remeasurement loss 1,212 763
Stock-based compensation 29,807 26,975
Deferred income taxes (235) (240)
Other (4) 725
Change in value of earn-out and warrant liabilities 11,717 6,921
Changes in operating assets and liabilities:    
Accounts receivable 6,873 (4,633)
Prepaid expenses and other current assets 1,767 1,663
Deferred contract costs and other assets (3,280) (5,637)
Accounts payable, accrued expenses, operating lease liabilities and other liabilities (598) (5,331)
Deferred revenue 11,844 9,282
Net cash provided by operating activities 56,134 13,284
Investing activities    
Maturities of investments 5,361 1,292
Purchases of investments (1,850) (2,050)
Capitalization of internal-use software (947) (988)
Purchase of property and equipment (2,303) (1,478)
Issuance of notes receivables (1,500) (1,000)
Other investing activities (130) 0
Net cash used in investing activities (1,369) (4,224)
Financing activities    
Repurchase of common stock (21,704) (33,644)
Proceeds from stock option exercises 3,613 3,865
Redemption of redeemable noncontrolling interest (6,130) 0
Purchase of public warrants (3,991) 0
Repayments of finance leases (6) (30)
Net cash used in financing activities (28,218) (29,809)
Effect of exchange rates on cash 94 (653)
Net increase (decrease) in cash and cash equivalents 26,641 (21,402)
Cash and cash equivalents at beginning of period 223,162 227,188
Cash and cash equivalents at end of period 249,803 205,786
Supplemental disclosures of cash flow information    
Income taxes paid $ 5,552 $ 5,794