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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net (loss) income $ (21,849) $ 73,773
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation and amortization 8,916 2,970
Change in fair value of warrant liability (20,605) (83,628)
Impairment loss 1,317 2,372
Stock-based compensation 17,250 23,625
Deferred income taxes (5,699) 1
Provision for doubtful accounts 14,867 3,015
Changes in operating assets and liabilities:    
Accounts receivable (13,125) (6,371)
Prepaid expenses and other current assets 5,222 7,228
Other assets (263) 87
Accounts payable and accrued expenses 5,008 3,313
Deferred revenue (1,505) 2,495
Net cash (used in) provided by operating activities (10,466) 28,880
Cash flows from investing activities    
Purchases of property and equipment (13,135) (4,246)
Cash paid for acquisitions, net of cash acquired (713) (16,000)
Cash paid for acquisition holdback release (1,000) 0
Cash paid for other investments 0 (3,000)
Net cash used in investing activities (14,848) (23,246)
Cash flows from financing activities    
Taxes paid related to net share settlement of equity awards (13) 0
Proceeds from the Business Combination 0 79,969
Repayment of note payable 0 (205)
Distributions (2,448) (18,110)
Repurchase of Class B Units 0 (5,565)
Repayments of insurance premium financing (5,832) (3,707)
Net cash (used in) provided by financing activities (8,293) 52,382
Net (decrease) increase in cash (33,607) 58,016
Cash – beginning of period 67,777 19,919
Cash – end of period 34,170 77,935
Supplemental disclosures of noncash activities    
Issuance of equity for acquisitions 28,725 29,312
Insurance premium financing 4,598 11,146
Stock-based compensation capitalized for software development 1,266 695
Accrued liabilities assumed in connection with acquisition 586 0
Holdback liability recognized in connection with acquisition 98 1,000
Capitalized assets included in accounts payable and accrued expenses 400 589
Warranty liability assumed from the Business Combination 0 193,978
Tax receivable agreement liability recognized in connection with the Business Combination 0 126,150
Deferred tax assets recognized in connection with the Business Combination 0 147,973
Other assets assumed from the Business Combination $ 0 $ 1,053