v3.22.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net loss $ (60,135) $ (15,776)
Adjustments to reconcile net loss to net cash used for operating activities:    
Depreciation and amortization 2,726 2,256
Stock-based compensation 40,804 17,031
Changes in assets and liabilities:    
Deferred revenue 43,475 28,485
Accounts receivable (12,713) (10,445)
Deferred cost of revenues (10,634) (6,653)
Prepaid expenses and other current assets (4,048) (1,712)
Accounts payable 5,622 (1,615)
Accrued expenses and other current liabilities 3,708 6,213
Noncurrent assets and liabilities 365 (76)
Net cash provided by operating activities 9,170 17,708
Cash flows from investing activities:    
Capitalized software (2,620) (638)
Purchase of property and equipment (3,586) (3,376)
Net cash used for investing activities (6,206) (4,014)
Cash flows from financing activities:    
Issuance of common stock in connection with the initial public offering, net of underwriting discounts and issuance costs 426,191 0
Net proceeds from issuance of convertible preferred stock 0 44,923
Proceeds from exercise of stock options 12,480 2,030
Repurchases of stock options (7,335) 0
Repurchase of common stock (868) 0
Net cash provided by financing activities 430,468 46,953
Net increase in cash and cash equivalents 433,432 60,647
Cash and cash equivalents - Beginning of period 120,490 59,843
Cash and cash equivalents - End of period 553,922 120,490
Supplemental disclosure of cash flow information:    
Cash paid for interest 0 0
Cash paid for income taxes 132 0
Supplemental disclosure of noncash operating activities:    
Implementation costs for cloud computing included in Current liabilities 64 0
Supplemental disclosure of noncash investing activities:    
Capitalized software included in Current liabilities 342 500
Property and equipment included in Current liabilities $ 230 $ 0