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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (16,453) $ (6,649)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,366 1,481
Stock-based compensation expense 6,358 4,508
Provision for transaction losses, returns and refunds 549 340
Amortization of costs to obtain revenue contracts 162 158
Amortization of operating lease right-of-use assets 1,268 1,253
Gain on sale of Design Manager 0 (9,684)
Amortization of (discounts) premiums, net on short-term investments (1,241) 0
Other, net (219) 178
Changes in operating assets and liabilities:    
Accounts receivable 46 (178)
Prepaid expenses and other current assets (449) (3,969)
Receivables from payment processors 155 (1,226)
Other assets (172) (501)
Accounts payable and accrued expenses 1,297 387
Payables due to sellers (838) (2,427)
Operating lease liabilities (1,366) (1,350)
Other current liabilities and other liabilities 269 (661)
Net cash used in operating activities (9,268) (18,340)
Cash flows from investing activities:    
Purchases of short-term investments (110,411) 0
Maturities of short-term investments 11,000 0
Development of internal-use software (856) (1,164)
Purchases of property and equipment (25) (48)
Proceeds from sale of Design Manager 0 14,611
Other, net 0 (17)
Net cash (used in) provided by investing activities (100,292) 13,382
Cash flows from financing activities:    
Proceeds from exercise of stock options 35 1,239
Net cash provided by financing activities 35 1,239
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 227 (314)
Net decrease in cash, cash equivalents, and restricted cash (109,298) (4,033)
Cash, cash equivalents, and restricted cash at beginning of the period 158,043 171,559
Cash, cash equivalents, and restricted cash at end of the period 48,745 167,526
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 0 $ 8