v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Net cash (used in) provided by operating activities    
Net loss $ (26,944) $ (58,221)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,756 5,648
Impairment of goodwill and intangible assets 11,790 32,086
Loss on tangible and intangible assets 30 0
Unrealized loss on foreign currency transactions 6,105 2,218
Stock-based compensation expense 1,510 2,098
Amortization of debt issuance costs and accretion of debt discounts 1,911 3,204
Loss on extinguishment of debt 3,964 0
Deferred tax expense 0 22,812
Provision for credit losses 390 331
Non-cash lease expense 1,634 1,421
Change in operating assets and liabilities:    
Accounts receivable 849 (2,103)
Prepaid expenses and other current assets 226 (116)
Other assets 276 188
Accounts payable, accrued expenses, and other current liabilities (5,530) (1,416)
Other liabilities (1,793) (1,902)
Deferred revenue (4,451) 3,341
Net cash (used in) provided by operating activities (8,277) 9,589
Net cash used in investing activities    
Capital expenditures (1,982) (905)
Net cash used in investing activities (1,982) (905)
Net cash provided by (used in) financing activities    
Proceeds from debt, net of discount and issuance costs 97,750 0
Repayment of debt (85,552) (16,243)
Debt issuance costs paid to third parties (3,719) 0
Payment of early extinguishment of debt charge (893) 0
Payments directly related to debt (250) (523)
Net cash provided by (used in) financing activities 7,336 (16,766)
Net change in cash and cash equivalents and restricted cash (2,923) (8,082)
Effects of exchange rate fluctuations on cash and cash equivalents and restricted cash (509) (453)
Net decrease in cash and cash equivalents and restricted cash (3,432) (8,535)
Cash and cash equivalents and restricted cash at beginning of period 16,279 21,117
Cash and cash equivalents and restricted cash at end of period 12,847 12,582
Supplemental disclosure of cash flow information:    
Cash paid for interest including payment of early extinguishment of debt charges of $893 and $0, respectively 7,743 7,089
Cash paid for income taxes 2,636 114
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets    
Cash and cash equivalents 12,728  
Restricted cash included in other current assets 119  
Cash and cash equivalents and restricted cash at end of period $ 12,847 $ 12,582

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