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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
9 Months Ended
Sep. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (15,696)
Adjustments to reconcile net loss to net cash used in operating activities:  
Depreciation and amortization 15,033
Unrealized loss on foreign currency 1,127
Stock based compensation 850
Deferred income tax (4,336)
Loss on disposition of subsidiary 612
Loss on disposition of assets 220
Provision for doubtful accounts (687)
Changes in operating assets and liabilities:  
Accounts receivable 32,245
Prepaid expenses and other current assets and prepaid expenses and other assets (17,070)
Accounts payable 1,779
Deferred rent (2,004)
Accrued compensation 1,494
Accrued expenses and other liabilities (1,818)
Deferred revenue (851)
Net cash used in operating activities 10,898
Investing activities:  
Capital expenditures (1,789)
Capitalization of internal-use software (7,587)
Cash from acquired business, net 5,200
Cash of disposed subsidiary, less proceeds on disposition (724)
Net cash used in investing activities (4,900)
Financing activities:  
Proceeds from issuance of common stock 35,000
Proceeds from exercise of stock options 581
Payments on revolving credit facilities (1,304)
Net cash provided by financing activities 34,277
Effect of currency translation on cash and cash equivalents (804)
Net change in cash 39,471
Cash - beginning of the period 106,126
Cash - end of the period 145,597
Supplemental disclosure of cash flow information:  
Cash paid for income taxes, net 1,186
Cash paid for interest 666
Non-cash investing and financing activities:  
Accounts payable and accrued expenses related to property and equipment 988
Issuance of common stock for HuffPost Acquisition $ 24,064