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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
OPERATING ACTIVITIES:      
Net loss $ (14,719) $ (7,536)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Provision (recovery) for bad debt 444 (528) $ (1,097)
Depreciation and amortization 10,555 12,144  
Amortization of right-of-use asset 2,491 2,271  
Stock-based compensation expense 13,035 10,425  
Fair value changes in financial instruments 1,873 (2,449)  
Fair value changes in business acquisition contingencies (398) (21)  
Deferred income taxes 1,367 1,269  
Other 458 143  
Changes in operating assets and liabilities—net of acquisitions:      
Accounts receivable and contract assets 9,615 10,037  
Prepaid expenses and other current assets (3,363) (1,776)  
Accounts payable and other accrued liabilities (11,643) (12,852)  
Accrued payroll and benefits (4,350) (7,876)  
Payment of contingent consideration   (19,457)  
Change in operating leases (2,336) (2,122)  
Net cash provided by (used in) operating activities 3,029 (18,328)  
INVESTING ACTIVITIES:      
Purchases of property and equipment (4,134) (262)  
Proprietary software development and other software costs (638) (50)  
Proceeds from insurance 75 266  
Payment of purchase price true ups (505) (631)  
Cash paid for acquisitions—net of cash acquired (6,525) (14,328)  
Net cash used in investing activities (11,727) (15,005)  
FINANCING ACTIVITIES:      
Repayment of term loan (2,188) (4,375)  
Payment of contingent consideration (27) (10,543)  
Repayment of finance leases (1,029) (943)  
Proceeds from issuance of common stock for exercised stock options 2,690 429  
Dividend payment to the Series A-2 shareholders (4,100) (4,100)  
Payments of deferred offering costs   (183)  
Net cash used in financing activities (4,654) (19,715)  
CHANGE IN CASH AND CASH EQUIVALENTS (13,352) (53,048)  
Foreign exchange impact on cash balance 318 98  
CASH AND CASH EQUIVALENTS:      
Beginning of year 89,828 146,741 146,741
End of period 76,794 93,791 $ 89,828
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:      
Cash paid for interest 1,347 184  
Cash paid for income tax 155    
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Accrued purchases of property and equipment 3,096 1,144  
Property and equipment purchased under finance leases 2,405 512  
Acquisitions unpaid contingent consideration $ 7,855 $ 6,995