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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
6 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Cash flows from operating activities    
Net loss $ (41,185) $ (76,642)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,844 5,647
Amortization of discount on debt 987 978
Stock-based compensation 21,777 19,540
Allowance for credit losses 1,508 3,399
Changes in operating assets and liabilities:    
Accounts receivable (1,760) (9,501)
Prepaid expenses (3,484) 1,010
Deferred commissions (772) (2,055)
Accounts payable (528) (1,929)
Accrued and other liabilities 2,105 21,252
Deferred revenue 9,415 2,441
Net cash used in operating activities (6,093) (35,860)
Cash flows from investing activities:    
Cash paid for acquisition   (696)
Purchase of property and equipment (2,080) (3,486)
Sales and maturities of marketable securities 123,072 42,600
Purchase of marketable securities (133,394) (79,273)
Net cash used in investing activities (12,402) (40,855)
Cash flows from financing activities:    
Proceeds from financing obligation 1,081  
Taxes paid related to net share settlement of equity awards (2,230) (3,099)
Proceeds from exercise of stock options 2,245 2,991
Net cash provided by (used in) financing activities 1,096 (108)
Net change in cash and cash equivalents and restricted cash (17,399) (76,823)
Cash and cash equivalents and restricted cash, beginning of period 93,030 298,704
Cash and cash equivalents and restricted cash, end of period 75,631 221,881
Supplemental cash flow information:    
Cash paid for interest 431 472
Cash paid for taxes 212 32
Noncash investing and financing activities:    
Changes in capital additions, accrued but not paid 190 105
Fair value of shares issued as consideration for acquisition   4,614
Reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheet to the amounts shown in the statements of cash flows above:    
Cash and cash equivalents 74,517 220,550
Restricted cash 1,114 1,331
Total cash, cash equivalents and restricted cash $ 75,631 $ 221,881