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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities        
Net loss $ (6,993) $ (20,310) $ (24,640) $ (61,495)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Depreciation and amortization expense 3,484 3,137 10,482 8,981
Amortization of discount on convertible note 344 494 1,338 1,481
Amortization of convertible note premium (240) 0 (240) 0
Stock-based compensation expense 10,159 11,773 28,556 33,550
Provision for expected credit losses 1,289 (47) 3,002 1,461
Impairment loss 3,031 0 3,031 0
Gain on lease modification (988) 0 (988) 0
Gain on convertible note extinguishment (12,110) 0 (12,110) 0
Other 0 171 (37) 171
Changes in operating assets and liabilities:        
Accounts receivable 445 401 (8,933) (1,359)
Prepaid expenses 2,041 (2,087) 1,016 (5,571)
Deferred commissions 389 (1,002) 198 (1,774)
Accounts payable 1,022 (220) (223) (748)
Accrued and other liabilities (235) (26,858) (668) (24,753)
Deferred revenue 3,935 3,119 14,110 12,534
Net cash provided by (used in) operating activities 5,573 (31,429) 13,894 (37,522)
Cash flows from investing activities:        
Cash paid for acquisition 0 0 (100) 0
Purchase of property and equipment (1,064) (1,055) (2,934) (3,135)
Maturity of marketable securities 59,670 83,135 151,635 206,207
Purchase of marketable securities (49,355) (55,681) (85,957) (189,075)
Net cash provided by investing activities 9,251 26,399 62,644 13,997
Cash flows from financing activities:        
Proceeds from exercise of stock options 238 1,455 1,483 3,700
Taxes paid related to net share settlement of stock options (1,086) (1,039) (2,411) (3,269)
Proceeds from financing obligation 0 0 0 1,081
Payment of converible note issuance costs (2,520) 0 (2,520) 0
Repayment of convertible notes and financing obligation (108,709) (131) (108,980) (131)
Net cash provided by (used in) financing activities (112,077) 285 (112,428) 1,381
Net change in cash and cash equivalents and restricted cash (97,253) (4,745) (35,890) (22,144)
Cash and cash equivalents and restricted cash, beginning of period 134,208 75,631 72,845 93,030
Cash and cash equivalents and restricted cash, end of period 36,955 70,886 36,955 70,886
Supplemental cash flow information:        
Cash paid for interest 2,018 442 2,463 873
Cash paid for taxes 93 129 275 341
Noncash investing and financing activities:        
Capital additions, accrued but not paid 106 224 224 224
Fair value of shares issued as consideration for acquisition 0 921 248 921
Principal amount of 2028 Convertible Notes exchanged $ 150,000 $ 0 $ 150,000 $ 0