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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net loss $ (44,033) $ (1,796)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,813 1,315
Share-based compensation expense 19,512 16,565
Foreign currency translation loss 441 160
Gain on debt extinguishment   (33,953)
Other non-cash expenses   502
Changes in assets and liabilities:    
Accounts receivable 7,979 (35)
Prepaid expense and other assets (73) 4,712
Right-of-use assets 2,703 1,992
Accounts payable 8,626 5,593
Accrued liabilities 2,631 (2,983)
Deferred revenue (33,619) 24,969
Lease liabilities (1,679) (2,105)
Net cash (used in) provided by operating activities (35,699) 14,936
Investing activities    
Acquisition of property and equipment (568) (1,045)
Net cash used in investing activities (568) (1,045)
Financing activities    
Proceeds from exercise of stock options 4,591 94
Payments on debt obligations   (27,364)
Net cash provided by (used in) financing activities 4,591 (27,270)
Net decrease in cash, cash equivalents and restricted cash (31,676) (13,379)
Cash, cash equivalents and restricted cash at beginning of the period 348,890 393,977
Cash, cash equivalents and restricted cash at end of the period 317,214 380,598
Supplemental disclosure of cash flow information    
Cash paid for interest   2,102
Non-cash investing activities    
Non-cash asset disposal 473  
Right-of-use assets acquired through operating leases $ 2,736  
Purchase of property and equipment in accounts payable and accrued expenses   $ 577