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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Activities      
Net (loss) income $ (19,497) $ 7,375 $ 950
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities      
Depreciation and amortization expense 13,865 10,068 6,790
Amortization of deferred contract costs 14,650 12,451 10,379
Amortization (accretion) of premiums and discounts on investments (2,101) (3,270) (6,067)
Non-cash lease expense 5,011 4,570 3,940
Stock-based compensation expense 52,625 27,999 15,337
Non-cash interest expense 0 0 209
Change in fair value included in other income, net (948) (1,114) (3,552)
Deferred taxes (370) (1,094) 301
Intangible asset impairment expense 188 511 122
Other non-cash items 1,502 978 858
Changes in operating assets and liabilities      
Accounts receivable (18,156) 708 (3,789)
Deferred contract costs (20,402) (12,915) (13,982)
Prepaid expenses and other current assets (1,710) (4,786) (2,347)
Accounts payable 13,158 450 (7,394)
Accrued expenses 5,489 1,384 1,627
Other current liabilities 3 (507) (238)
Deferred revenue 21,893 8,479 8,755
Other long-term liabilities (357) 91 0
Change in operating lease liability (5,260) (4,382) (3,913)
Net cash provided by operating activities 59,583 46,996 7,986
Investing Activities      
Purchases of property and equipment (1,793) (3,802) (2,486)
Capitalization of internal-use software costs (14,865) (7,862) (5,165)
Purchases of short-term investments (140,797) (151,170) (257,516)
Proceeds from sales and maturities of short-term investments 324,592 147,500 241,641
Purchases of convertible debt securities 0 (3,650) (326)
Funding of investment loan receivables 0 (7,757) 0
Proceeds from repayment of investment loan receivables 7,757 0 0
Cash paid for acquisition of assets and businesses, net of cash acquired (5,574) (25,902) (5,066)
Purchase of noncontrolling interest (6,378) (5,383) 0
Purchases of other investments 0 (196) (150)
Net cash provided by (used in) investing activities 162,942 (58,222) (29,068)
Financing Activities      
Proceeds from exercise of stock options 3,879 4,118 2,240
Proceeds from issuance of shares in connection with Employee Stock Purchase Plan 0 0 264
Taxes paid related to net share settlement of equity awards (10,135) 0 0
Repayment of acquired debt (1,090) (1,618) 0
Payment of finance leases (189) (630) (2,523)
Net cash (used in) provided by financing activities (7,535) 1,870 (19)
Effect of exchange rate changes on cash and cash equivalents 415 (432) 184
Increase (decrease) in cash, cash equivalents and restricted cash 215,405 (9,788) (20,917)
Cash, cash equivalents and restricted cash, beginning of period 49,060 58,848 79,765
Cash, cash equivalents and restricted cash, end of period 264,465 49,060 58,848
Supplemental cash flow disclosures      
Cash paid for interest 140 0 197
Cash paid for income taxes (See Note 12) 14,744 12,851 3,097
Property and equipment purchases included in accounts payable 0 49 585
Unrealized gain on short-term investments 18 116 3
Right-of-use assets obtained in exchange for new operating lease liabilities 5,198 2,525 5,739
Accrued purchase consideration $ 200 $ 4,279 $ 2,071