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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Net loss $ (78,029) $ (95,140)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 24,503 26,292
Unrealized loss on foreign currency 30 4,906
Stock based compensation 5,178 18,859
Change in fair value of warrants 94 (2,964)
Change in fair value of derivative liability (150) (3,525)
Amortization of debt discount and deferred issuance costs 4,475 3,863
Deferred income tax 404 1,957
Provision for doubtful accounts (10) 654
Loss (gain) on investment 3,500 (1,260)
Gain on disposition of assets (175) (500)
Non-cash lease expense 15,460 14,962
Impairment expense 0 2,160
Changes in operating assets and liabilities:    
Accounts receivable 54,823 50,761
Prepaid expenses and other current assets and prepaid expenses and other assets (1,540) (6,469)
Accounts payable 14,421 4,133
Accrued compensation (16,299) (9,048)
Accrued expenses, other current liabilities and other liabilities (10,451) (3,177)
Lease liabilities (18,028) (17,728)
Deferred revenue (569) 3,367
Cash used in operating activities (2,363) (7,897)
Investing activities:    
Capital expenditures (761) (4,528)
Capitalization of internal-use software (10,920) (9,746)
Proceeds from sale of asset 175 500
Cash used in investing activities (11,506) (13,774)
Financing activities:    
Proceeds from exercise of stock options 29 360
Payment for shares withheld for employee taxes (407) (1,670)
Borrowings on Revolving Credit Facility 2,128 5,000
Payments on Revolving Credit Facility (1,796) 0
Proceeds from the issuance of common stock in connection with at-the-market offering, net of issuance costs 902 0
Deferred reverse recapitalization costs 0 (585)
Cash provided by financing activities 856 3,105
Effect of currency translation on cash and cash equivalents (291) (2,031)
Net decrease in cash and cash equivalents (13,304) (20,597)
Cash and cash equivalents at beginning of period 55,774 79,733
Cash and cash equivalents at end of period $ 42,470 $ 59,136