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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net loss and comprehensive loss $ (7,149) $ (11,005)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation 22,642 10,594
Loss in fair value of warrant liability 45,579 11,581
Amortization of debt discount and issuance costs 683 1,452
Interest income on promissory note from member 0 (282)
Depreciation and amortization 12,595 21,845
Provision for expected credit losses (642) 540
Deferred income taxes (1,243) (7,221)
Non-cash lease expense 1,237 867
Changes in operating assets and liabilities:    
Accounts receivable (9,436) (10,416)
Prepaid expenses and deferred charges (1,136) 1,621
Other current assets 1,808 538
Other assets (191) (175)
Accounts payable (1,660) (2,883)
Accrued expenses and other current liabilities 3,619 6,542
Deferred revenue 714 561
Lease liability (2,008) (1,043)
Other liabilities 12 0
Net cash provided by operating activities 65,424 23,116
Investing activities    
Purchases of property and equipment (699) (241)
Additions to capitalized software (3,388) (3,248)
Net cash used in investing activities (4,087) (3,489)
Financing activities    
Proceeds from the exercise of stock options 2,031 2,142
Proceeds from the exercise of warrants 1 0
Principal payments on debt (47,050) (18,703)
Withholding taxes paid on stock-based compensation (5,592) 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 (50,610) 1,596
Net increase in cash, cash equivalents and restricted cash 10,727 21,223
Cash, cash equivalents and restricted cash, beginning of the period 28,998 10,117
Cash, cash equivalents and restricted cash, end of the period 39,725 31,340
Reconciliation of cash, cash equivalents and restricted cash    
Cash and cash equivalents 39,120 29,948
Restricted cash 605 1,392
Cash, cash equivalents and restricted cash 39,725 31,340
Supplemental disclosure of cash flow information:    
Cash interest paid 20,291 34,973
Income taxes paid 9,959 5,494
Supplemental disclosure of non-cash investing activities:    
Capitalized software development costs accrued but not paid 292 0
Supplemental disclosure of non-cash financing activities:    
Repurchase of common stock for net settlement of equity awards $ 51 $ 0