v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net loss $ (35,420) $ (35,064)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,711 361
Stock-based compensation 9,776 9,912
Accretion of unamortized debt discount and amortization of debt issuance costs 1,057 939
Non-cash lease expense 369 85
Provision for (recoveries of) bad debt 1 (8)
Changes in operating assets and liabilities:    
Accounts receivable, net (4,282) (4,080)
Prepaid expenses and other assets 1,302 9,567
Accounts payable (4,137) (1,184)
Operating lease liabilities (247) (10,658)
Other accruals and liabilities 5,218 (1,611)
Net cash used in operating activities (24,652) (31,741)
Investing Activities    
Purchases of property and equipment (82) (1,840)
Capitalization of software development costs (1,890) (1,588)
Asset acquisitions (2,240) 0
Net cash used in investing activities (4,212) (3,428)
Financing Activities    
Principal payments on finance leases obligations 0 (389)
Repurchase of common stock 0 (7,708)
Proceeds from exercise of stock options 21 0
Restricted stock vesting, net of shares withheld (2,281) 0
Net cash used in financing activities (2,260) (8,097)
Effect of exchange rates on cash and cash equivalents 602 0
Net change in cash, cash equivalents and restricted cash (30,522) (43,266)
Cash, cash equivalents and restricted cash – beginning of year 195,513 281,923
Cash, cash equivalents and restricted cash – end of period 164,991 238,657
Supplemental cash disclosures    
Cash paid for interest 6,646 6,668
Cash paid for taxes, net of refunds received 100 51
Supplemental non-cash disclosures    
Purchases of property and equipment included in accounts payable 40 55
Asset acquisition consideration included in other accruals and liabilities 610 0
Stock-based compensation capitalized in software development costs $ 0 $ 143