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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss attributable to New Relic $ (97,014) $ (132,183)
Net loss and adjustment attributable to redeemable non-controlling interest (Note 3) (2,744) 10,054
Net loss (99,758) (122,129)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 34,298 45,426
Stock-based compensation expense 74,734 79,758
Amortization of debt discount and issuance costs 1,188 1,176
Loss on facilities exit 2,717 0
Other (588) (124)
Changes in operating assets and liabilities, net of acquisition of business:    
Accounts receivable, net 113,570 70,924
Prepaid expenses and other assets 2,075 (2,362)
Deferred contract acquisition costs (3,489) (758)
Lease right-of-use assets 5,411 5,077
Accounts payable 1,544 15,191
Accrued compensation and benefits and other liabilities (5,519) (12,111)
Lease liabilities (7,045) (4,177)
Deferred revenue (113,575) (103,022)
Net cash provided by (used in) operating activities 5,563 (27,131)
Cash flows from investing activities:    
Purchases of property and equipment (2,416) (2,826)
Proceeds from sale of property and equipment 1,724 0
Cash paid for acquisition, net of cash acquired (257) (7,192)
Purchases of short-term investments (50,373) (134,350)
Proceeds from sale and maturity of short-term investments 243,475 155,613
Capitalized software development costs (7,907) (6,047)
Net cash provided by investing activities 184,246 5,198
Cash flows from financing activities:    
Proceeds from employee stock purchase plan 6,062 5,417
Proceeds from exercise of employee stock options 6,502 7,614
Net cash provided by financing activities 12,564 13,031
Net increase (decrease) in cash, cash equivalents and restricted cash 202,373 (8,902)
Cash, cash equivalents and restricted cash at beginning of period 274,470 246,463
Cash, cash equivalents and restricted cash at end of period 476,843 237,561
Reconciliation of cash, cash equivalents and restricted cash to condensed consolidated balance sheets:    
Cash and cash equivalents 471,064 231,918
Restricted cash 5,779 5,643
Total cash, cash equivalents and restricted cash 476,843 237,561
Supplemental disclosure of cash flow information:    
Cash paid for interest and income taxes 2,196 131
Property and equipment purchased but not yet paid 93 77
Issuance of common stock for the acquisition of business 12,112 13,487
Acquisition holdback $ 3,300 $ 7,250