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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities:    
Net (loss) income for the period $ (65,766) $ 2,611
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 18,704 14,553
Depreciation expense 1,445 1,523
Non-cash lease expense 1,637 1,643
Foreign exchange loss (gain) 71 (230)
Net (accretion)/amortization of marketable securities (5,809) (733)
Deferred tax 0 (3,857)
Changes in operating assets and liabilities:    
Prepaid expenses 167 676
Other current receivables 559 (10,797)
Other non-current assets 100 89
Accounts payable 4,587 7,066
Accrued expenses and other current liabilities (916) (1,291)
Operating lease liability, current portion 117 536
Income taxes (19,291) (1,152)
Operating lease liability, net of current portion (1,771) (1,672)
Deferred revenue (32,836) 20,994
Net cash (used in) provided by operating activities (99,002) 29,959
Cash Flows From Investing Activities:    
Purchases of property and equipment (1,540) (2,322)
Proceeds from maturities of marketable securities 222,000 6,400
Purchase of marketable securities (174,298) (213,914)
Net cash provided by (used in) investing activities 46,162 (209,836)
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 48 283
Proceeds from issuance of common stock under the 2020 Employee Share Purchase Plan 689 432
Net cash provided by financing activities 737 715
Effect of exchange rate fluctuations on cash held (49) (74)
Net Decrease In Cash And Cash Equivalents (52,152) (179,236)
Cash and cash equivalents at beginning of period 159,521 334,427
Cash and cash equivalents at end of period 107,369 155,191
Supplemental Disclosure Of Cash Flow Information:    
Property and equipment purchases incurred but not yet paid 399 0
Right-of-use asset obtained in exchange for new operating lease liability $ 149 $ 56