XML 15 R8.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (14,737) $ (24,534)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 8,839 7,984
Amortization of operating lease right-of-use assets 2,558 2,282
Accounts receivable allowances 823 1,228
Stock-based compensation 45,400 35,265
Change in fair value of contingent consideration (1,004) (2,215)
Deferred income taxes (74) (217)
Other 76 77
Changes in operating assets and liabilities:    
Accounts receivable 6,465 12,570
Unbilled receivables, current (486) (5,774)
Prepaid expenses and other assets (5,001) (1,788)
Deferred commissions (165) (1,068)
Accounts payable and accrued liabilities (7,875) (1,517)
Deferred revenue, net 15,509 4,837
Operating lease liabilities (2,675) (2,339)
Other liabilities 2,032 (1,144)
Net cash provided by operating activities 49,685 23,647
Cash Flows from Investing Activities:    
Purchases of property and equipment (416) (1,354)
Capitalized internal-use software costs (3,449) (3,453)
Business combinations, net of cash acquired (897) 0
Net cash used in investing activities (4,762) (4,807)
Cash Flows from Financing Activities:    
Payments for deferred offering costs 0 (781)
Proceeds from stock option exercises 32,584 17,936
Proceeds from employee stock purchase plan 1,970 1,725
Payments of deferred contingent consideration and holdback associated with acquisitions (2,410) (2,551)
Net cash provided by financing activities 32,144 16,329
Effect of foreign currency exchange rate changes on cash and cash equivalents 194 203
Net increase in cash, cash equivalents and restricted cash 77,261 35,372
Cash, cash equivalents and restricted cash - beginning of period 208,570 131,185
Cash, cash equivalents and restricted cash - end of period 285,831 166,557
Reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets:    
Cash and cash equivalents 285,631 166,357
Restricted cash 200 200
Total cash, cash equivalents and restricted cash 285,831 166,557
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 0 1
Cash paid for income taxes, net of tax refunds 2,306 352
Non-cash investing and financing activities:    
Purchases of property and equipment in accounts payable and accrued liabilities 276 27
Capitalized internal-use software costs in accounts payable and accrued liabilities 672 0
Deferred consideration and acquisition holdbacks in accounts payable, accrued and other liabilities 2,402 0
Fair value of contingent consideration in accrued and other liabilities $ 305 $ 0