v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (151,563) $ (64,720)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation expense 6,479 15,866
Depreciation and amortization 23,094 25,004
Non-cash operating lease expense 1,171 1,484
Amortization of debt discount, issuance costs, and deferred financing costs 1,154 2,089
Investment discount and premium accretion (502) (933)
Provision for expected credit losses 1,048 1,110
Deferred tax provision 104 (157)
Change in fair value of contingent consideration liabilities (250) (5,168)
Goodwill impairment 122,548 28,769
Other 219 (784)
Change in operating assets and liabilities:    
Accounts receivable, net 10,708 (10,633)
Prepaid expenses and other assets 3,663 2,468
Accounts payable, accrued liabilities, and other liabilities 5,080 (12,638)
Deferred revenue (2,282) 11,423
Operating lease liabilities (1,885) (1,897)
Net cash provided by (used in) operating activities 18,786 (8,717)
Cash flows from investing activities    
Proceeds from the sale and maturity of short-term investments 46,100 143,208
Purchase of short-term investments (43,667) (46,760)
Acquisition of businesses, net of cash acquired 0 (41,114)
Capitalization of internal-use software (9,410) (10,086)
Purchases of property and equipment (683) (440)
Purchase of intangible assets (859) (296)
Proceeds from the sale of property and equipment 15 25
Net cash (used in) provided by investing activities (8,504) 44,537
Cash flows from financing activities    
Proceeds from employee stock purchase plan 360 1,003
Repurchase of common stock 0 (5,000)
Repayment of debt (814) (230,814)
Net cash used in financing activities (454) (234,811)
Effect of exchange rate changes on cash and cash equivalents (53) 58
Net increase (decrease) in cash and cash equivalents 9,775 (198,933)
Cash and cash equivalents at beginning of period 50,814 249,645
Cash and cash equivalents at end of period 60,589 50,712
Supplemental disclosures of non-cash investing and financing information    
Common stock issued in connection with acquisitions 0 31,584
Stock-based compensation capitalized as internal-use software 325 540
Purchase of property and equipment included in accounts payable 34 31
Capitalized internal-use software included in accounts payable and accrued liabilities 199 262
Operating lease right-of-use assets obtained in exchange for operating lease obligations $ 0 $ 951