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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net loss $ (9,860) $ (2,571)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities    
Depreciation and amortization expense 1,487 1,455
Amortization of deferred contract costs 2,397 2,083
Non-cash income on investments (1,716) 0
Non-cash lease expense 895 0
Stock-based compensation expense 2,796 932
Non-cash interest expense 53 0
Change in fair value of convertible debt securities (134) (661)
Deferred taxes 4 283
Other non-cash items 568 0
Changes in operating assets and liabilities    
Accounts receivable (1,104) (353)
Deferred contract costs (2,587) (2,853)
Prepaid expenses and other current assets (651) 1,240
Accounts payable (4,226) 2,317
Accrued expenses 2,469 (940)
Other current liabilities 4 0
Deferred revenue 7,005 6,584
Other long-term liabilities 0 510
Change in operating lease liability (1,009) 0
Net cash (used in) provided by operating activities (3,609) 8,026
Investing Activities    
Purchases of property and equipment (268) (370)
Purchases of short-term investments (103,751) 0
Purchases of convertible debt securities (323) (2,000)
Capitalization of internal-use software development costs (1,056) (286)
Proceeds from sales and maturities of short-term investments 87,741 0
Cash paid for acquisition of businesses, net of cash acquired (1,082) (14,000)
Purchases of other investments (150) 0
Net cash used in investing activities (18,889) (16,656)
Financing Activities    
Proceeds from exercise of stock options 67 924
Proceeds from issuance of shares in connection with Employee Stock Purchase Plan 264 0
Payment of finance leases (782) (937)
Net cash used in financing activities (451) (13)
Effect of exchange rate changes on cash and cash equivalents 73 (1,259)
Decrease in cash, cash equivalents and restricted cash (22,876) (9,902)
Cash, cash equivalents and restricted cash, beginning of period 79,765 269,841
Cash, cash equivalents and restricted cash, end of period 56,889 259,939
Supplemental cash flow disclosures    
Cash paid for interest 56 73
Cash paid for income taxes 53 283
Property and equipment purchases not paid 46 0
Acquisition of fixed assets under finance leases 0 331
Unrealized loss on short-term investments $ 83 $ 0