XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (27,442) $ (39,230)
Adjustments to reconcile net loss to cash flows from operations:    
Stock-based compensation 22,462 48,843
Depreciation and amortization 6,336 4,427
Deferred income tax provision 37 25
Accretion of discount in acquisition holdback 2 36
Loss on disposal of fixed assets 1 2
Provision for doubtful accounts 128 97
Amortization of debt issuance costs 51 0
Gain on early extinguishment of other financing obligations (1,427) 0
Changes in other operating assets and liabilities:    
Accounts receivable 14,517 8,763
Inventories 1,893 (3,429)
Prepaid expenses, other current assets, other assets (4,106) (2,486)
Accounts payable and other accrued payables (14,942) 2,635
Accrued compensation and benefits 2,496 371
Contract liabilities (670) 571
Other current liabilities (2,703) (507)
Net cash (used in)/provided by operating activities (3,367) 20,118
Cash flows from investing activities:    
Capitalized software development costs (11,960) (8,580)
Purchases of property and equipment (350) (815)
Net cash used in investing activities (12,310) (9,395)
Cash flows from financing activities:    
Payments under finance lease obligations (1,180) (1,083)
Payment of tax withholding related to net share settlement of equity awards (1,676) (3,135)
Repurchase of common stock (139) (7,603)
Payment of DFT holdback amount (564) 0
Payments for debt issuance costs (114) 0
Net cash used in financing activities (3,673) (11,821)
Net change in cash, cash equivalents, and restricted cash (19,350) (1,098)
Cash, cash equivalents, and restricted cash, beginning of period 119,438 126,562
Cash, cash equivalents, and restricted cash, end of period $ 100,088 $ 125,464