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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ 16,067 $ (59,574) $ (60,135)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 7,095 4,870 2,726
Stock-based compensation expense 95,221 73,820 40,804
Gain on sale of capitalized software (100) 0 0
Loss on disposal of leasehold improvements 433 0 0
Changes in assets and liabilities:      
Deferred revenue 91,642 59,283 43,475
Accounts receivable (42,247) (13,565) (12,713)
Deferred cost of revenues (18,890) (10,822) (10,634)
Prepaid expenses and other current assets (48) (1,415) (4,048)
Accounts payable 1,261 (6,655) 5,622
Accrued expenses and other current liabilities 3,444 8,720 3,708
Noncurrent assets and liabilities (264) (1,006) 365
Net cash provided by operating activities 153,614 53,656 9,170
Cash flows from investing activities:      
Capitalized software expense and purchases of intangible assets (10,493) (4,562) (2,620)
Purchase of property and equipment (3,191) (5,562) (3,586)
Proceeds from sale of capitalized software 100 0 0
Acquisition, net of $0 cash acquired 0 (4,050) 0
Net cash used for investing activities (13,584) (14,174) (6,206)
Cash flows from financing activities:      
Issuance of common stock in connection with the initial public offering, net of underwriting discounts and issuance costs 0 0 426,191
Net proceeds from issuance of convertible preferred stock 0 0 0
Proceeds from exercise of stock options 13,617 14,776 12,480
Repurchases of stock options 0 0 (7,335)
Repurchase of common stock 0 0 (868)
Taxes paid related to net-share settlement of share-based compensation awards (11,482) 0 0
Net cash provided by financing activities 2,135 14,776 430,468
Net increase in cash, cash equivalents and restricted cash 142,165 54,258 433,432
Cash, cash equivalents and restricted cash - Beginning of period 608,180 553,922 120,490
Cash, cash equivalents and restricted cash - End of period 750,345 608,180 553,922
Supplemental disclosure of cash flow information:      
Cash paid for interest 0 0 0
Cash paid for income taxes 2,320 615 132
Supplemental disclosure of noncash operating activities:      
Implementation costs for cloud computing included in Current liabilities 0 0 64
Supplemental disclosure of noncash investing activities:      
Capitalized software and purchases of intangible assets included in Current liabilities 0 1,121 342
Property and equipment included in Current liabilities 165 166 230
Landlord incentive included in Prepaid expenses and other current assets 0 2,148 0
Right of use assets disposed or adjusted, modifying operating leases liabilities 2,024 0 0
Deferred offering costs included in accrued expenses $ 0 $ 0 $ 0