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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income (loss) $ 27,198 $ (17,606)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 3,111 795
Amortization of deferred financing costs and interest rate cap 575 2,680
Equity-based compensation expense 8,909 2,274
Loss on extinguishment of debt 4,285 0
Change in fair value of warrants (6,553) 0
Interest expense paid-in-kind 0 16,164
Amortization of leases 1,177 0
Change in assets and liabilities:    
Accounts receivable (8,171) (16,943)
Inventory (9,429) (14,250)
Prepaid expenses and other current assets 13,412 (38,154)
Accounts payable (638) 174,978
Accrued expenses and other current liabilities (38,014) 62,070
Deferred revenue 7,518 10,661
Other assets and liabilities (1,974) 327
Net cash provided by operating activities 1,406 182,996
Cash flows from investing activities    
Purchases of property and equipment (1,392) (250)
Purchases of personal seat licenses (137) (76)
Investments in developed technology (5,394) (3,886)
Cash adjustment in acquisition (8) 0
Net cash used in investing activities (6,931) (4,212)
Cash flows from financing activities    
Payments of deferred financing costs and other debt-related costs (4,856) 0
Payments of February 2022 First Lien Loan (687) 0
Net cash used in financing activities (196,255) (3,206)
Net increase (decrease) in cash, cash equivalents, and restricted cash (201,780) 175,578
Cash, cash equivalents, and restricted cash - beginning of period 489,810 285,337
Cash, cash equivalents, and restricted cash - end of period 288,030 460,915
Supplemental disclosure of cash flow information:    
Cash paid for interest 6,285 14,033
Right-of-use assets obtained in exchange for lease obligations 3,406 0
June 2017 First Lien Loan    
Cash flows from financing activities    
Payments of June 2017 First Lien Loan (465,712) (3,206)
February 2022 First Lien Loan    
Cash flows from financing activities    
Proceeds from February 2022 First Lien Loan 275,000 0
May 2020 First Lien Loan    
Supplemental disclosure of cash flow information:    
Paid-in-kind interest added to May 2020 First Lien Loan principal $ 0 $ 19,510