v3.24.1.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (21,460) $ (26,315)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,450 1,349
Stock-based compensation expense 21,064 19,957
Other (239) (245)
Non-cash operating lease costs 985 985
Changes in operating assets and liabilities:    
Accounts receivable (6,784) (8,145)
Prepaid expenses and other current assets (2,208) 2,753
Deferred commissions 126 312
Other noncurrent assets (2,909) 1,472
Accounts payable 11,347 3,122
Accrued expenses (507) 1,043
Deferred revenue 201 (645)
Operating lease liabilities (1,114) (704)
Net cash provided by (used in) operating activities (48) (5,061)
Cash flows from investing activities:    
Cash received from maturities of marketable securities 42,500 0
Purchases of marketable securities (18,352) 0
Purchase of property and equipment (357) (329)
Capitalization of internal-use software costs (733) (448)
Net cash provided by (used in) investing activities 23,058 (777)
Cash flows from financing activities:    
Proceeds from the exercise of stock options 1,794 1,687
Cash received for tax withholding obligations on equity award settlements 1,546 6,325
Cash paid for tax withholding obligations on equity award settlements (9,133) (5,955)
Repurchase of unvested stock options 0 (648)
Net cash provided by (used in) financing activities (5,793) 1,409
Net increase (decrease) in cash, cash equivalents, and restricted cash 17,217 (4,429)
Cash, cash equivalents, and restricted cash at beginning of period 249,360 219,349
Cash, cash equivalents, and restricted cash at end of period 266,577 214,920
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 121 172
Non-cash investing and financing activities:    
Purchases of property and equipment included in liabilities 248 96
Stock-based compensation capitalized as internal-use software costs $ 701 $ 452