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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net (loss) income $ (42,273) $ 3,063 $ (8,258)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 1,615 673 364
Stock-based compensation 29,880 5,380 4,826
Stock-based compensation in connection with vesting of Stock Appreciation Rights 2,847 0 0
Charitable donation of Class A common stock 13,107 0 0
Bad debt expense 364 614 164
Change in fair value of warrants 18,930 12,714 2,959
Loss on disposal of property and equipment 0 0 77
Deferred income tax benefit (4,896) 0 0
Changes in operating assets and liabilities:      
Accounts receivable 3,734 (31,526) (7,230)
Contract assets (96) (130) 487
Prepaid expenses and other current assets (2,837) (158) (263)
Deferred contract costs (1,007) (2,023) (1,069)
Accounts payable (6,820) 2,701 3,439
Accrued expenses and other current liabilities 1,603 29,294 5,572
Deferred rent (232) 612 1,475
Unearned revenue 2,259 (446) (121)
Other liabilities, noncurrent 75 0 0
Net cash provided by operating activities 16,253 20,768 2,422
Investing activities      
Purchases of property and equipment, including capitalized software (1,845) (1,273) (1,352)
Acquisition, net of cash acquired (75,227) 0 0
Net cash used in investing activities (77,072) (1,273) (1,352)
Financing activities      
Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts 485,541 0 0
Cash received for employee payroll tax withholdings 46,956 0 0
Cash paid for employee payroll tax withholdings (46,956) (1,387) 0
Proceeds from line of credit 0 15,000 0
Repayment of line of credit 0 (18,500) 0
Proceeds from exercise of warrants 392 0 58
Payment of deferred finance costs (136) 0 0
Payment of deferred offering costs (4,124) (2,154) (143)
Proceeds from exercise of stock options and purchases under the employee stock purchase plan 17,835 2,601 310
Proceeds from issuance of preferred stock 0 50,000 0
Costs incurred from issuance of preferred stock 0 (234) 0
Net cash provided by financing activities 499,508 45,326 225
Net increase in cash and cash equivalents 438,689 64,821 1,295
Cash and cash equivalents, beginning of year 75,756 10,935 9,640
Cash and cash equivalents, end of year 514,445 75,756 10,935
Supplemental disclosure of cash flow information      
Cash paid for income taxes, net 393 42 21
Cash paid for interest 0 157 214
Cash received for early exercise of stock options 0 561 0
Supplemental disclosure of non-cash investing and financing activities      
Common stock issued in connection with acquisition 96,644 0 0
Fair value of substituted stock options granted in connection with acquisition 5,943 0 0
Exercise of warrants classified as liabilities 0 0 154
Accrued offering costs 345 348 147
Vesting of early exercised stock options 232 368 0
Accretion of redeemable convertible preferred stock to redemption value 14 70 136
Employee receivables for options exercised 0 23 132
Purchase of property and equipment 30 72 100
Capitalization of stock-based compensation for internal-use software $ 288 $ 38 $ 17