v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities        
Net loss $ (8,382) $ (11,255) $ (8,735) $ (17,647)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Depreciation and amortization expense 3,845 3,512 8,126 6,998
Amortization of discount on convertible notes 165 497 352 994
Amortization of premium on convertible notes (408) 0 (810) 0
Stock-based compensation expense 7,236 10,009 12,445 18,397
Provision for expected credit losses 1,598 850 2,528 1,713
Gain on convertible notes extinguishment 0 0 (3,931) 0
Other 0 (37) 0 (37)
Changes in operating assets and liabilities:        
Accounts receivable (9,005) (6,790) (5,985) (9,378)
Prepaid expenses and other assets 2,159 3,935 (2,925) (1,025)
Deferred commissions 747 (402) 2,682 (191)
Accounts payable 444 (356) 1,122 (1,245)
Accrued and other liabilities 8,078 4,168 (59) (433)
Deferred revenue 7,080 7,607 9,148 10,175
Net cash provided by operating activities 13,557 11,738 13,958 8,321
Cash flows from investing activities:        
Cash paid for website domain name 0 0 (2,444) 0
Cash paid for acquisition 0 (100) 0 (100)
Purchase of property, equipment, leasehold improvements and capitalized internal-use software (1,651) (1,064) (2,476) (1,870)
Maturity of marketable securities 13,000 62,525 41,579 91,965
Purchase of marketable securities (32,572) (1,037) (40,517) (36,602)
Net cash provided by (used in) investing activities (21,223) 60,324 (3,858) 53,393
Cash flows from financing activities:        
Proceeds from exercise of stock option 1,973 271 3,069 1,245
Taxes paid related to net share settlement of stock options (126) 0 (1,351) (1,325)
Payment of convertible note issuance costs 0 0 (217) 0
Repayment of convertible notes and financing obligation 0 (137) (54,528) (271)
Net cash provided by (used in) financing activities 1,847 134 (53,027) (351)
Net change in cash and cash equivalents and restricted cash (5,819) 72,196 (42,927) 61,363
Cash and cash equivalents and restricted cash, beginning of period 53,248 62,012 90,356 72,845
Cash and cash equivalents and restricted cash, end of period 47,429 134,208 47,429 134,208
Supplemental cash flow information:        
Cash paid for interest 0 6 5,685 445
Cash paid for taxes 259 42 479 182
Right-of-use asset obtained in exchange for new operating lease liability 0 0 5,516 0
Noncash Investing and Financing Items [Abstract]        
Capital additions, accrued but not paid 735 117 735 117
Fair value of shares issued as consideration for acquisition $ 0 $ 248 $ 0 $ 248