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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net loss $ (116,503,000) $ (62,796,000)
Adjustments to reconcile net loss to net cash used by operating activities    
Stock-based compensation 27,427,000 17,692,000
Depreciation and amortization 5,332,000 4,071,000
Bad debt expense 561,000 61,000
Loss on disposal of property and equipment 0 78,000
Change in fair value of available-for-sale securities 0 (31,000)
Deferred income taxes (1,549,000) (522,000)
Changes in assets and liabilities    
Accounts receivable (9,114,000) (10,005,000)
Prepaid expenses and other assets (6,723,000) 2,734,000
Deferred commissions (5,715,000) (11,570,000)
Accounts payable and accrued expenses (3,654,000) 10,797,000
Accrued compensation and related benefits 1,634,000 5,782,000
Other current and non-current liabilities (383,000) 2,858,000
Deferred revenue 15,414,000 6,829,000
Operating lease liabilities (685,000) (476,000)
Net cash used by operating activities (93,958,000) (34,498,000)
Cash flows from investing activities    
Purchases of investments (31,214,000) 0
Proceeds from investments 57,417,000 84,592,000
Payments for acquisitions, net of cash acquired 0 (30,729,000)
Purchases of property and equipment (5,861,000) (2,473,000)
Net cash provided by investing activities 20,342,000 51,390,000
Cash flows from financing activities    
Proceeds from exercise of common stock options 25,205,000 2,375,000
Net cash provided by financing activities 25,205,000 2,375,000
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (1,694,000) (1,367,000)
Net (decrease) increase in cash, cash equivalents, and restricted cash (50,105,000) 17,900,000
Cash, cash equivalents, and restricted cash at beginning of period 103,960,000 112,462,000
Cash, cash equivalents, and restricted cash at end of period 53,855,000 130,362,000
Supplemental disclosure of cash flow information    
Cash paid for interest 243,000 240,000
Cash paid for income taxes 749,000 1,196,000
Supplemental disclosure of non-cash investing and financing activities    
Accrued capital expenditures $ 317,000 $ 0