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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net loss $ (79,184) $ (72,508)
Adjustments to reconcile net loss to net cash used by operating activities    
Stock-based compensation 22,204 16,091
Depreciation and amortization 4,705 3,573
Bad debt expense 419 (1)
Amortization of debt issuance costs 223 0
Deferred income taxes (518) (1,302)
Changes in assets and liabilities    
Accounts receivable 28,663 12,132
Prepaid expenses and other assets (4,924) (5,334)
Deferred commissions 123 (1,777)
Accounts payable and accrued expenses 719 2,098
Accrued compensation and related benefits (6,240) (4,923)
Other current and non-current liabilities 1,066 (395)
Deferred revenue (6,574) 2,990
Operating lease assets and liabilities 2,116 (905)
Net cash used by operating activities (37,202) (50,261)
Cash flows from investing activities    
Purchases of investments (53,443) (31,214)
Proceeds from investments 35,876 36,473
Purchases of property and equipment (7,805) (4,685)
Net cash (used by) provided by investing activities (25,372) 574
Cash flows from financing activities    
Proceeds from borrowings 92,000 0
Debt repayments (1,687) 0
Payments for debt issuance costs (411) 0
Payments for employee taxes related to the net share settlement of equity awards (4,775) 0
Proceeds from exercise of common stock options 559 25,030
Net cash provided by financing activities 85,686 25,030
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 309 (205)
Net increase (decrease) in cash, cash equivalents, and restricted cash 23,421 (24,862)
Cash, cash equivalents, and restricted cash at beginning of period 150,381 103,960
Cash, cash equivalents, and restricted cash at end of period 173,802 79,098
Supplemental disclosure of cash flow information    
Cash paid for interest 2,731 145
Cash paid for income taxes 1,472 524
Supplemental disclosure of non-cash investing and financing activities    
Accrued capital expenditures $ 392 $ 96