v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (39,148) $ (43,427)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 15,167 13,277
Amortization of intangible assets 4,900 4,899
Non-cash lease expense 5,655 5,556
Amortization of debt discount and issuance costs 217 354
Amortization of deferred contract costs 4,850 4,573
Stock-based compensation 25,582 31,821
Deferred income taxes 422 228
Provision for credit losses 946 953
Loss on disposals of property and equipment 0 399
Amortization of discounts on investments (626) (1,158)
Other adjustments 376 (259)
Changes in operating assets and liabilities:    
Accounts receivable (3,993) 12,028
Prepaid expenses and other current assets 2,216 (2,700)
Other assets (2,095) (1,814)
Accounts payable 2,575 101
Accrued expenses (3,383) (8,760)
Operating lease liabilities (5,556) (7,606)
Other liabilities 9,183 2,667
Net cash provided by operating activities 17,288 11,132
Cash flows from investing activities:    
Purchases of marketable securities (179,486) (56,948)
Maturities of marketable securities 7,969 99,080
Purchases of property and equipment (2,605) (1,603)
Capitalized internal-use software (4,763) (6,845)
Net cash provided by (used in) investing activities (178,885) 33,684
Cash flows from financing activities:    
Repayments of finance lease liabilities (1,711) (4,872)
Proceeds from exercise of vested stock options 408 111
Proceeds from employee stock purchase plan 2,131 2,881
Net cash provided by (used in) financing activities 828 (1,880)
Effects of exchange rate changes on cash, cash equivalents, and restricted cash 78 (48)
Net increase (decrease) in cash, cash equivalents, and restricted cash (160,691) 42,888
Cash, cash equivalents, and restricted cash at beginning of period 286,175 108,071
Cash, cash equivalents, and restricted cash at end of period 125,484 150,959
Supplemental disclosure of cash flow information:    
Cash paid for interest 50 225
Cash paid for income taxes, net of refunds received 449 292
Cash paid for finance lease interest 12 162
Noncash investing and financing activities:    
Property and equipment additions not yet paid in cash or financed 2,441 (459)
Capitalized stock-based compensation 1,612 2,942
Assets obtained in exchange for operating lease obligations 2,946 3,857
Net non-cash change in operating lease assets and liabilities associated with modifications and terminations 1,076 912
Deployments of prepaid capital equipment 3,532 3,724
Reconciliation of cash, cash equivalents, and restricted cash as shown in the statements of cash flows:    
Cash and cash equivalents 125,484 150,809
Restricted cash, current 0 150
Total cash, cash equivalents, and restricted cash $ 125,484 $ 150,959