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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (38,786) $ (54,843)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization of property and equipment 2,067 1,935
Amortization of capitalized software development costs 2,310 2,472
Amortization of intangible assets 13,057 8,466
Amortization of discount on marketable securities (198) (425)
Stock-based compensation 2,146 2,941
Non-cash operating lease expense 3,245 2,307
Provision for credit losses 2,141 298
Amortization of debt discount and issuance costs 1,121 12,843
Deferred income taxes (6,176) (17,786)
Impairment of intangible assets 0 15,614
Unrealized foreign currency transaction losses 821 1,688
Other 21 30
Changes in operating assets and liabilities:    
Accounts receivable 58,614 37,605
Prepaid expenses and other current assets 2,412 5,901
Accounts payable, accrued expenses and other current liabilities (69,683) (22,374)
Operating lease liabilities (3,191) (2,614)
Deferred revenue (1,610) (830)
Other non-current assets and liabilities (3,182) 5,806
Net cash used in operating activities (34,871) (966)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of a business, net of cash acquired 0 (598,319)
Purchases of property and equipment (726) (2,921)
Capitalized software development costs (5,537) (2,699)
Purchases of marketable securities (13,081) (16,602)
Proceeds from sales and maturities of marketable securities 10,490 74,221
Other 241 0
Net cash used in investing activities (8,613) (546,320)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the Bridge Facility 0 625,000
Repayments of borrowings under the Bridge Facility 0 (625,000)
Proceeds from senior secured notes 0 625,305
Payment of deferred financing costs (50) (28,155)
Payment of stock issuance costs 0 (775)
Treasury stock repurchases and share withholdings on vested awards (38) (355)
Proceeds from bank overdrafts, net (48) 74
Net cash (used in) provided by financing activities (136) 596,094
Effect of exchange rate changes 378 (57)
Net (decrease) increase in cash, cash equivalents and restricted cash (43,242) 48,751
Cash, cash equivalents and restricted cash — Beginning 129,700 89,725
Cash, cash equivalents and restricted cash — Ending 86,458 138,476
RECONCILIATION OF CASH, CASH EQUIVALENTS, AND RESTRICTED CASH    
Cash and cash equivalents 85,488 136,312
Restricted cash, included in other assets 970 2,164
Total cash, cash equivalents, and restricted cash 86,458 138,476
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Income tax (refunds) payments, net (1,064) 7,636
Cash paid for interest 31,795 1,512
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Stock consideration issued for acquisition of a business 0 262,938
Purchases of property and equipment included in accounts payable 279 991
Operating lease right-of-use assets obtained in exchange for lease obligations 1,741 13,409
Stock-based compensation capitalized for software development costs 134 96
Unpaid deferred financing costs in accounts payable and accrued expenses $ 0 $ 3,318