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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net (loss) income $ (5,666) $ 7,479
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 14,531 12,905
Provision for expected credit losses 532 0
Amortization of debt issuance costs 235 484
Share-based compensation expense 4,891 3,808
Loss on disposal of fixed assets 0 135
Deferred income taxes (1,198) 2,679
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (5,028) (7,248)
Prepaid expenses and other assets (1,636) (460)
Accounts payable 2,717 301
Accrued liabilities 1,706 194
Deferred revenue 16,997 14,586
Net cash provided by operating activities 28,081 34,863
Cash flows from investing activities:    
Capitalized software additions (1,924) (1,522)
Purchases of property and equipment (134) (419)
Net cash used in investing activities (2,058) (1,941)
Cash flows from financing activities:    
Repurchases of common stock (3,490) 0
Proceeds from exercise of stock options 594 179
Taxes paid related to net share settlement of RSUs (24) 0
Principal payments of long-term debt (1,087) 0
Net cash (used in) provided by financing activities (4,007) 179
Net increase in cash and cash equivalents 22,016 33,101
Cash and cash equivalents, beginning of period 55,780 113,645
Cash and cash equivalents, end of period 77,796 146,746
Supplemental disclosures of cash flow information:    
Cash paid for interest 9,019 3,869
Cash paid for income taxes 50 44
Non-cash investing and financing activities:    
Purchase price allocation adjustment related to income tax effects for StreetShares acquisition 245 0
Purchases of property and equipment included in accounts payable and accrued expenses 79 0
Share-based compensation expense capitalized to software additions 48 79
Excise taxes payable included in repurchases of common stock 9 0
Vesting of RSAs and RSUs 4 32
Initial recognition of operating lease liability 0 3,372
Initial recognition of operating lease right-of-use asset $ 0 $ 2,627