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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net income (loss) $ 7,375 $ 950 $ (33,848)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities      
Depreciation and amortization expense 10,068 6,790 6,650
Amortization of deferred contract costs 12,451 10,379 8,988
Amortization (accretion) of premiums and discounts on investments (3,270) (6,067) 0
Non-cash lease expense 4,570 3,940 4,520
Stock-based compensation expense 27,999 15,337 7,393
Non-cash interest expense 0 209 242
Change in fair value included in other income, net (1,114) (3,552) (1,152)
Deferred taxes (1,094) 301 (253)
Intangible asset impairment expense 511 122 642
Loss on disposal of subsidiaries 0 0 1,738
Other non-cash items 978 858 0
Changes in operating assets and liabilities      
Accounts receivable 708 (3,789) (3,317)
Deferred contract costs (12,915) (13,982) (9,452)
Prepaid expenses and other current assets (4,786) (2,347) (2,446)
Accounts payable 450 (7,394) 6,793
Accrued expenses 1,384 1,627 (848)
Other current liabilities (507) (238) (394)
Deferred revenue 8,479 8,755 9,133
Other long-term liabilities 91 0 94
Change in operating lease liability (4,382) (3,913) (4,107)
Net cash provided by (used in) operating activities 46,996 7,986 (9,624)
Investing Activities      
Purchases of property and equipment (3,802) (2,486) (4,234)
Capitalization of internal-use software costs (7,862) (5,165) (1,706)
Purchases of short-term investments (151,170) (257,516) (157,899)
Proceeds from sales and maturities of short-term investments 147,500 241,641 0
Purchases of convertible debt securities (3,650) (326) (2,000)
Funding of investment loan receivables (7,757) 0 0
Cash paid for acquisition of assets and businesses, net of cash acquired (25,902) (5,066) (13,993)
Purchase of noncontrolling interest (5,383) 0 0
Purchases of other investments (196) (150) 0
Net cash used in investing activities (58,222) (29,068) (179,832)
Financing Activities      
Proceeds from exercise of stock options 4,118 2,240 981
Proceeds from issuance of shares in connection with Employee Stock Purchase Plan 0 264 758
Repayment of acquired debt (1,618) 0 0
Payment of finance leases (630) (2,523) (2,084)
Net cash provided by (used in) financing activities 1,870 (19) (345)
Effect of exchange rate changes on cash and cash equivalents (432) 184 (275)
Decrease in cash, cash equivalents and restricted cash (9,788) (20,917) (190,076)
Cash, cash equivalents and restricted cash, beginning of period 58,848 79,765 269,841
Cash, cash equivalents and restricted cash, end of period 49,060 58,848 79,765
Supplemental cash flow disclosures      
Cash paid for interest 0 197 229
Cash paid for income taxes 12,851 3,097 603
Property and equipment purchases included in accounts payable 49 585 0
Acquisition of fixed assets under finance leases 0 0 1,050
Unrealized gain (loss) on short-term investments 116 3 (125)
Right-of-use assets obtained in exchange for new operating lease liabilities 2,525 5,739 18,359
Accrued purchase consideration $ 4,279 $ 2,071 $ 0