XML 12 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Sep. 30, 2023
Cash flows from operating activities:      
Net loss $ (13,371) $ (32,939) $ (32,939)
Adjustments to reconcile net loss to net cash used in operating activities:      
Gain from divestiture (22,934)    
Depreciation of property and equipment 3,584 4,093  
Amortization of intangible assets 11,039 14,827  
Stock-based compensation expense 14,757 15,968  
Impairment of long-lived assets   1,096  
Deferred income taxes 223 (200)  
Other 313 1,000  
Changes in operating assets and liabilities:      
Accounts receivable (10,521) (6,019)  
Unbilled contracts receivable (4,324) (9,124)  
Prepaid expenses and other assets (2,788) (5,709)  
Accounts payable (821) (1,108)  
Accrued and other liabilities (26,427) (23,855)  
Deferred revenue 1,483 (1,133)  
Net cash used in operating activities (49,787) (43,103)  
Cash flows from investing activities:      
Purchases of property and equipment (1,845) (1,967)  
Capitalized internal-use software (2,603) (1,894)  
Purchases of intangible assets (39) (68)  
Net cash used in divestiture (227)    
Net cash used in investing activities (4,714) (3,929)  
Cash flows from financing activities:      
Withholding taxes related to net share settlement of equity awards (4,671) (2,917)  
Net cash provided by financing activities (4,671) (2,917)  
Effect of exchange rate changes on cash and cash equivalents (46) 518  
Net decrease in cash and cash equivalents (59,218) (49,431)  
Cash and cash equivalents at beginning of period [1] 154,434 160,127 $ 160,127
Cash and cash equivalents at end of period 95,216 110,696  
Supplemental disclosure of cash flow information:      
Income taxes paid, net of refunds 4,235 1,603  
Interest paid 756 $ 1,496  
Noncash Investing and Financing Items [Abstract]      
Note receivable in exchange for consideration from divestiture 27,676    
Deferred Consideration from Divestiture 5,854    
Unpaid withholding taxes related to net share settlement of equity awards 918    
Costs capitalized for internal-use software included in accrued liabilities $ 676    
[1] Includes $12.3 million of cash and cash equivalents classified as held for sale at December 31, 2023.