| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-50,714 | -49,451 | -31,007 | -12,461 | -6,987 | -17,059 | |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
4,742 | 2,021 | 886 | 764 | 763 | 610 | |
Bad debt expense | ||||||
99 | 211 | 62 | 7 | -22 | 30 | |
Loss on disposal of property and equipment | ||||||
-100 | 4 | 0 | 0 | - | - | |
Deferred income taxes | ||||||
334 | 218 | 251 | 1,122 | 291 | -399 | |
Stock-based compensation | ||||||
16,443 | 16,054 | 12,976 | - | - | - | |
Fair value adjustment for warrant liability | ||||||
0 | 0 | 341 | 200 | 299 | 351 | |
Loss on extinguishment of debt | ||||||
0 | 0 | -384 | 0 | 0 | - | |
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
-7,432 | 23,332 | 9,716 | 11,154 | 6,639 | 1,450 | |
Prepaid expenses and other assets | ||||||
-8,972 | 1,025 | 4,162 | 1,665 | 988 | -130 | |
Deferred commissions | ||||||
-9,319 | -7,615 | -3,487 | -5,335 | -3,965 | -4,486 | |
Accounts payable and accrued expenses | ||||||
-4,039 | 7,461 | 4,128 | 1,287 | 1,058 | 1,932 | |
Accrued compensation and related benefits | ||||||
3,072 | 3 | -2,365 | -3,717 | 968 | -1,929 | |
Other current liabilities | ||||||
1,318 | 1,823 | 383 | 19 | -251 | 1,395 | |
Deferred revenue | ||||||
12,573 | 23,023 | 18,344 | 17,410 | 15,490 | 16,744 | |
Operating lease liabilities | ||||||
6,827 | - | - | - | - | - | |
Deferred rent, non-current | ||||||
0 | -266 | -374 | 577 | 356 | 1,009 | |
Net cash used in operating activities | ||||||
-8,926 | -31,321 | -9,128 | -7,756 | -2,145 | 1,534 | |
Cash flows from investing activities: | ||||||
Purchases of property and equipment | ||||||
32,421 | 7,014 | 433 | 984 | 524 | 2,633 | |
Proceeds from sale of equipment | ||||||
0 | 4 | 0 | 0 | - | - | |
Net cash used in investing activities | ||||||
-32,421 | -7,010 | -433 | -984 | -524 | -2,633 | |
Cash flows from financing activities: | ||||||
Principal payments on finance leases | ||||||
653 | - | - | - | - | - | |
Proceeds from public offering, net of underwriting discounts | ||||||
101,653 | 58,258 | 0 | 0 | - | - | |
Proceeds from initial public offering, net of underwriting discounts | ||||||
0 | 0 | 80,213 | 0 | 0 | - | |
Proceeds from issuance of long-term debt | ||||||
- | - | - | - | - | 0 | |
Payment of costs related to public offerings | ||||||
350 | 429 | 2,424 | 0 | 0 | - | |
Payment of dividend to Series A preferred stockholders | ||||||
0 | 0 | 7,565 | 0 | 0 | - | |
Proceeds from exercise of common stock options | ||||||
4,899 | 3,133 | 1,108 | 0 | 0 | - | |
Repayment of long-term debt | ||||||
0 | 0 | 40,000 | 10,000 | 0 | 0 | |
Proceeds from issuance of long-term debt, net of debt issuance costs | ||||||
0 | 0 | 19,616 | 20,000 | 10,000 | - | |
Proceeds from issuance of Series B convertible preferred stock, net of offering costs | ||||||
- | - | - | - | - | 37,380 | |
Repurchase of common stock | ||||||
- | - | - | - | - | 21,013 | |
Net cash provided by financing activities | ||||||
105,549 | 60,962 | 50,948 | 10,000 | 10,000 | 16,367 | |
Effect of foreign exchange rate changes on cash and cash equivalents | ||||||
623 | -1,459 | 1,228 | - | - | - | |
Effect of foreign exchange rate changes on cash and cash equivalents | ||||||
- | - | - | -1,510 | -930 | -912 | |
Net decrease in cash and cash equivalents | ||||||
64,825 | 21,172 | 42,615 | -250 | 6,401 | 14,356 | |
Supplemental disclosure of cash flow information: | ||||||
Cash paid for interest | ||||||
331 | 46 | 515 | 895 | 193 | 0 | |
Cash paid for income taxes | ||||||
356 | 680 | 615 | 610 | 1,055 | 70 | |
Supplemental disclosure of non-cash financing activities: | ||||||
Finance lease obligations to acquire new office furniture and fixtures and computer hardware | ||||||
4,475 | - | - | - | - | - | |
Accretion of dividends on convertible preferred stock | ||||||
0 | 0 | 357 | 857 | 861 | 856 | |
Accretion of issuance costs on convertible preferred stock | ||||||
- | - | - | - | - | 120 | |
Conversion of convertible preferred stock to common stock | ||||||
Conversion of convertible stock | ||||||
0 | 0 | 48,207 | 0 | - | - | |
Conversion of convertible preferred stock warrant to common stock warrant | ||||||
Conversion of convertible stock | ||||||
0 | 0 | 1,191 | 0 | - | - | |