XML 22 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
Net loss $ (25,130) $ (10,407)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,052 3,262
Amortization of deferred financing costs 0 294
Provision for doubtful accounts 291 (49)
Stock-based compensation 19,028 4,590
Loss on debt extinguishment 2,407 0
Change in fair value of contingent consideration, including unrealized foreign exchange gain (955) 0
Deferred income taxes (244) (142)
Other 36 0
Changes in operating assets and liabilities:    
Accounts receivable 16,768 (10)
Unbilled receivables, current (175) 435
Prepaid expenses and other assets 1,105 (42)
Deferred commissions (1,630) (147)
Accounts payable and accrued liabilities (5,481) (3,902)
Deferred revenue, net 574 (2,038)
Other liabilities (5,997) (2,671)
Net cash provided by (used in) operating activities 4,649 (10,827)
Cash Flows from Investing Activities    
Purchases of property and equipment (32) (398)
Capitalized internal-use software costs (831) (346)
Net cash used in investing activities (863) (744)
Cash Flows from Financing Activities    
Payments on borrowings (278,000) (5,000)
Proceeds from initial public offering, net of underwriting discounts 292,758 0
Payments for deferred offering costs (3,389) 0
Proceeds from common stock issuance 0 29,020
Proceeds from stock option exercises 2,261 5,705
Repurchase of common stock 0 (1,892)
Net cash provided by financing activities 13,630 27,833
Effect of foreign exchange rates on cash and cash equivalents (215) 30
Net increase in cash, cash equivalents and restricted cash 17,201 16,292
Cash, cash equivalents and restricted cash - beginning of period 41,463 43,159
Cash, cash equivalents and restricted cash - end of period 58,664 59,451
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets    
Cash and cash equivalents 54,937 58,344
Restricted cash 3,727 1,107
Total cash, cash equivalents and restricted cash 58,664 59,451
Supplemental Disclosures of Cash Flow Information    
Cash paid for interest 5,950 6,579
Cash paid for income taxes 38 0
Non-cash investing and financing activities    
Deferred offering costs in accounts payable and accrued liabilities 969 150
Conversion of convertible preferred stock to common stock upon initial public offering $ 144,148 $ 0