v3.25.1
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net loss $ (25,848) $ (96,130)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,661 13,802
Deferred income taxes (3,078) (1,057)
Amortization of deferred costs 2,735 3,047
Foreign currency re-measurement (gain) loss 460 (164)
Non-cash interest, net and other income, net (1,186) (882)
Non-cash stock-based compensation expense 2,675 3,522
Non-cash loss on impairment of goodwill 0 87,227
Non-cash loss on divestitures of businesses 23,457 0
Non-cash loss on retirement of fixed assets 2 0
Changes in operating assets and liabilities:    
Accounts receivable 7,971 9,361
Prepaid expenses and other current assets (2,519) (4,117)
Other assets (1,967) (2,608)
Accounts payable (7,198) (3,459)
Accrued expenses and other liabilities 2,494 (389)
Deferred revenue 646 (3,032)
Net cash provided by operating activities 8,305 5,121
Investing activities    
Purchase of property and equipment (424) (183)
Proceeds from the divestitures of businesses, net of cash transferred 4,213 0
Net cash provided by (used in) investing activities 3,789 (183)
Financing activities    
Payments of debt costs (3) 0
Payments on notes payable (34,226) (1,350)
Stock repurchases and retirement 0 (7,918)
Taxes paid related to net share settlement of equity awards (494) (331)
Net cash used in financing activities (34,723) (9,599)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (92) (284)
Change in cash, cash equivalents and restricted cash (22,721) (4,945)
Cash, cash equivalents and restricted cash, beginning of period 57,052 236,559
Cash, cash equivalents and restricted cash, end of period 34,331 231,614
Supplemental disclosures of cash flow information:    
Cash paid for interest, net of interest rate swaps 4,162 8,720
Cash paid for taxes, net of refunds $ 1,976 $ 2,114