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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 4,194 $ (15,272)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,408 1,806
Stock-based compensation 2,788 5,243
Deferred income tax 1,073 (1,747)
Impairment of intangible assets and goodwill 0 2,920
Gain on promissory notes payable settlement 0 (1,500)
Loss on long-lived assets 0 437
Loss on equity investment in WeGo 0 474
Gain on PPP notes payable forgiveness (3,588) 0
Net foreign currency effect (300) (542)
Provision for (reversal of) loss on accounts receivable, refund reserve and other (1,725) 3,923
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (3,848) 6,246
Prepaid income taxes (2,007) 685
Prepaid expenses and other (9,473) 1,626
Accounts payable 5,024 12,709
Merchant payable 16,486 20,532
Accrued expenses and other (452) (1,381)
Income tax payable (263) (479)
Other liabilities (34) 1,904
Net cash provided by operating activities 9,283 37,584
Cash flows from investing activities:    
Acquisition of business, net of cash acquired 0 (679)
Other investments 0 (430)
Purchases of property and equipment (24) (252)
Net cash used in investing activities (24) (1,361)
Cash flows from financing activities:    
Repurchase of common stock (1,583) (1,205)
Payment of notes payables (110) (7,800)
Proceeds from PPP notes payable 0 3,663
Exercise of stock options and taxes paid for net share settlement (5,424) 0
Net cash used in financing activities (7,117) (5,342)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (126) 393
Net increase in cash, cash equivalents and restricted cash 2,016 31,274
Cash, cash equivalents and restricted cash at beginning of period 64,385 20,710
Cash, cash equivalents and restricted cash at end of period 66,401 51,984
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net 2,978 1,230
Right-of-use assets obtained in exchange for lease obligations—operating leases 1,777 3,207
Cash paid for amounts included in the measurement of lease liabilities 3,291 3,063
Non-cash investing and financing activities:    
Issuance of promissory notes to the sellers of Jack's Flight Club $ 0 $ 11,000