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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Cash flows provided by (used in) operating activities:      
Net loss $ (15,600) $ (13,057)  
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 513 525  
Amortization of intangible assets 12,431 14,727  
Amortization of deferred contract costs 2,860 1,875  
Equity-based compensation 11,128 6,872  
Amortization of debt issuance costs 176 176  
Provision for doubtful accounts receivable 22 9  
Non-cash restructuring charges related to office leases 157 0  
Tax receivable agreement remeasurement 3,619 248  
Deferred income taxes (773) 69  
Changes in operating assets and liabilities:      
Accounts receivable 6,966 8,526  
Prepaid expenses and other current assets (3,796) 692  
Deferred contract costs (4,021) (3,299)  
Contingent consideration 0 (6,400)  
Accounts payable, accrued expenses and other liabilities (4,294) (3,579)  
Deferred revenue 5,569 6,249  
Net cash provided by operating activities 14,957 13,633  
Cash flows (used in) provided by investing activities:      
Purchases of property, equipment and other assets (1,338) (794)  
Purchases of short-term investments (90,252) (109,559)  
Maturities of short-term investments 58,120 0  
Cash paid for acquisitions, net of cash acquired 0 (56,499)  
Net cash used in investing activities (33,470) (166,852)  
Cash flows used in financing activities:      
Repayments of term loans (1,719) (1,719)  
Taxes paid related to net share settlement of equity awards (1,530) 0  
Payment of contingent consideration 0 (1,100)  
Payments under tax receivable agreement (246) 0  
Payments of equity offering issuance costs (30) (1,299)  
Member distributions 0 (258)  
Net cash used in financing activities (3,525) (4,376)  
Net decrease in cash and cash equivalents (22,038) (157,595)  
Effect of exchange rate changes on cash and cash equivalents 65 (108)  
Cash and cash equivalents, beginning of period 146,934 387,498 $ 387,498
Cash and cash equivalents, end of period 124,961 229,795 $ 146,934
Supplemental cash flow disclosures:      
Interest 3,475 1,771  
Income taxes 79 0  
Acquisitions:      
Net assets acquired, net of cash acquired 0 97,499  
Initial cash investment in prior year 0 (40,000)  
Contingent consideration 0 (1,000)  
Net cash paid for acquisitions 0 56,499  
Supplemental disclosure of non-cash investing activities:      
Capital expenditures included in accrued expenses $ 333 $ 3,500