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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 loss $ (42,433) $ (23,359)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,521 2,377
Amortization of discount on debt 87 480
Stock-based compensation 17,682 5,038
Allowance for credit losses 2,124 1,198
Change in fair value of financial instrument   (4,413)
Changes in operating assets and liabilities:    
Accounts receivable (9,898) (7,473)
Prepaid expenses (6,507) (3,675)
Deferred commissions (2,084) (1,454)
Accounts payable (189) 1,685
Accrued and other liabilities 4,537 4,319
Deferred revenue 1,677 2,077
Net cash used in operating activities (31,483) (23,200)
Cash flows from investing activities:    
Cash paid for acquisition (80,952)  
Purchase of property and equipment (2,287) (1,378)
Purchase of marketable securities (43,467)  
Net cash used in investing activities (126,706) (1,378)
Cash flows from financing activities:    
Proceeds from issuance of convertible senior notes 345,000  
Payment of debt issuance costs (10,037)  
Purchase of capped calls (35,570)  
Proceeds from exercise of stock options 4,239 1,947
Payment of dividends   (12,814)
Proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and commissions and other offering costs   171,128
Proceeds from debt   41,861
Repayment of debt   (6,715)
Net cash provided by financing activities 303,632 195,407
Net change in cash and cash equivalents and restricted cash 145,443 170,829
Cash and cash equivalents and restricted cash, beginning of period 220,607 9,150
Cash and cash equivalents and restricted cash, end of period 366,050 179,979
Supplemental cash flow information:    
Cash paid for interest   1,519
Noncash investing and financing activities:    
Conversion of convertible preferred stock into common stock upon initial public offering   211,902
Conversion of convertible debt into common stock upon initial public offering   50,173
Reconciliation of cash, cash equivalents and restricted cash within the condensed consolidated balance sheet to the amounts shown in the statements of cash flows above:    
Cash and cash equivalents 364,909 178,846
Restricted cash 1,141 1,133
Cash and cash equivalents and restricted cash, end of period $ 366,050 $ 179,979