v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (76,689) $ (87,156)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 30,129 26,595
Amortization of intangible assets 9,778 9,799
Non-cash lease expense 11,349 11,356
Amortization of debt discount and issuance costs 434 703
Amortization of deferred contract costs 9,697 9,104
Stock-based compensation 51,917 57,969
Deferred income taxes 749 561
Provision for credit losses 1,994 1,346
(Gain) loss on disposals of property and equipment (43) 444
Amortization of discounts on investments (1,982) (2,402)
Impairment expense 415 3,137
Other adjustments 292 (437)
Changes in operating assets and liabilities:    
Accounts receivable (3,324) 5,274
Prepaid expenses and other current assets 2,337 (4,831)
Other assets (8,171) (5,024)
Accounts payable 6,021 (240)
Accrued expenses (1,806) (6,849)
Operating lease liabilities (7,888) (12,012)
Other liabilities 17,877 (1,153)
Net cash provided by operating activities 43,086 6,184
Cash flows from investing activities:    
Purchases of marketable securities (272,926) (117,197)
Maturities of marketable securities 45,805 176,677
Advance payment for purchase of property and equipment 0 (790)
Purchases of property and equipment (12,457) (3,365)
Proceeds from sale of property and equipment 44 24
Capitalized internal-use software (9,305) (13,674)
Net cash provided by (used in) investing activities (248,839) 41,675
Cash flows from financing activities:    
Repayments of finance lease liabilities (2,248) (9,108)
Payment of deferred consideration for business acquisitions 0 (3,771)
Proceeds from exercise of vested stock options 687 291
Proceeds from employee stock purchase plan 3,371 3,915
Net cash provided by (used in) financing activities 1,810 (8,673)
Effects of exchange rate changes on cash and cash equivalents 255 (61)
Net increase (decrease) in cash and cash equivalents (203,688) 39,125
Cash and cash equivalents at beginning of period 286,175 108,071
Cash and cash equivalents at end of period 82,487 147,196
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,733 338
Cash paid for income taxes, net of refunds received 745 526
Cash paid for finance lease interest 15 272
Noncash investing and financing activities:    
Property and equipment additions not yet paid in cash or financed 2,193 (739)
Capitalized stock-based compensation 3,487 5,430
Assets obtained in exchange for operating lease obligations 2,946 5,275
Net non-cash change in operating lease assets and liabilities associated with modifications and terminations 11,223 4,238
Deployments of prepaid capital equipment $ 6,498 $ 7,773