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Condensed Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (67,632) $ (109,114)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 26,705 24,421
Stock-based compensation 104,797 122,074
Deferred income taxes (67) (32)
Change in fair value of acquisition-related liabilities (1,261) 4,265
Others, net 450 966
Change in non-cash working capital (net of acquisitions):    
Account receivable (13,070) (15,184)
Prepaid expenses (2,352) 1,890
Other current assets 161 (196)
Other non-current assets (1,153) (550)
Deferred revenue 369 954
Accounts payable (15,406) 20,088
Accrued expenses and other current liabilities 24,321 (8,945)
Other non-current liabilities (86) 96
Net cash provided by operating activities 55,776 40,733
Cash flows from investing activities:    
Capital expenditures (12,565) (8,950)
Website and software development costs (8,212) (8,906)
Acquisitions and other investments, net of cash acquired   (18,246)
Net cash used for investing activities (20,777) (36,102)
Cash flows from financing activities:    
Cash paid for acquisition-related liabilities (6,952) (2,488)
Proceeds from credit facilities, net of issuance costs 11,250 11,250
Issuance under employee stock purchase plan 1,525 1,567
Exercise of options 1,841 83
Repurchase of shares (8,363) (7,938)
Repayments against the credit facilities (11,250) (11,250)
Net cash used for financing activities (11,949) (8,776)
Effect of exchange rate changes on cash and cash equivalents (78) 101
Net increase / (decrease) in cash and cash equivalents 22,972 (4,044)
Cash and cash equivalents, beginning of period 131,732 121,110
Cash and cash equivalents, end of period 154,704 117,066
Supplemental cash flow disclosures including non-cash activities:    
Cash paid for interest, net 5,016 4,983
Cash paid for income taxes, net 638 752
Liability established in connection with acquisitions   5,404
Capitalized stock-based compensation as website and software development costs 1,712 1,631
Shares issued in connection with acquisitions and other agreements 667 843
Right-to-use assets established 1,081  
Operating lease liabilities established 1,081  
Non-cash consideration for website and software development costs $ 402 $ 513