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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net loss and comprehensive loss $ (9,406) $ (32,899)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation 7,869 3,341
Loss in fair value of warrant liability 18,680 15,317
Amortization of debt discount and issuance costs 231 512
Interest income on promissory note from member 0 (282)
Depreciation and amortization 4,119 7,952
Provision for expected credit losses (287) 206
Deferred income taxes (107) (2,274)
Non-cash lease expense 316 280
Changes in operating assets and liabilities:    
Accounts receivable (1,540) (6,319)
Prepaid expenses and deferred charges (2,544) (169)
Other current assets 1,648 206
Other assets (37) (29)
Accounts payable (398) 1,790
Accrued expenses and other current liabilities 2,390 21,954
Deferred revenue (111) (754)
Lease liability (385) (331)
Other liabilities 11 0
Net cash provided by operating activities 20,449 8,501
Investing activities    
Purchase of property and equipment (195) (32)
Additions to capitalized software (953) (1,461)
Net cash used in investing activities (1,148) (1,493)
Financing activities    
Proceeds from the exercise of stock options 916 1,010
Principal payments on debt (25,750) (1,063)
Withholding taxes paid on stock-based compensation (1,312) 0
Transaction costs paid in connection with the Business Combination 0 (1,196)
Proceeds from the repayment of promissory note to a member including interest 0 19,353
Net cash (used in) provided by financing activities (26,146) 18,104
Net (decrease) increase in cash, cash equivalents and restricted cash (6,845) 25,112
Cash, cash equivalents and restricted cash, beginning of the period 28,998 10,117
Cash, cash equivalents and restricted cash, end of the period 22,153 35,229
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 21,548 33,837
Restricted cash 605 1,392
Cash, cash equivalents and restricted cash 22,153 35,229
Supplemental disclosure of cash flow information:    
Cash interest paid 2,672 5,172
Income taxes paid 4 725
Supplemental disclosure of non-cash investing activities:    
Capitalized software development costs accrued but not paid 522 0
Supplemental disclosure of non-cash financing activities:    
Repurchase of common stock for net settlement of equity awards $ 182 $ 0