A10 networks, inc. (ATEN)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Cash flows from operating activities:
Net loss

-297

51

173

-5,771

-12,272

-1,608

-1,807

-4,532

-19,670

786

-2,245

-7,955

-1,337

-3,237

-4,684

-4,935

-9,535

-9,219

-8,967

-9,977

-13,734

-16,018

-12,304

-1,296

-5,102

-5,601

-2,749

-10,213

-8,533

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization

3,311

2,595

2,451

2,535

2,447

1,860

1,917

1,969

2,134

2,289

1,890

2,130

2,202

2,348

2,202

1,811

1,906

1,932

2,111

2,184

2,489

2,784

2,599

2,491

2,247

2,080

1,849

1,775

1,376

Stock-based compensation

3,040

4,308

3,397

4,928

3,896

3,983

2,332

2,572

8,151

3,379

4,545

4,963

4,316

3,853

4,588

3,869

4,612

3,615

4,608

4,005

4,633

4,045

3,538

3,006

1,770

1,402

1,153

864

863

Provision for doubtful accounts and sales returns

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

263

638

692

274

184

Other non-cash items

13

-269

112

64

246

220

-386

623

-389

1,352

-544

-664

278

923

-747

-775

-276

1,671

-1,316

-274

1

-

-

-

-

-

-

-

2

Unrealized foreign exchange gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

178

-

187

40

3

Changes in operating assets and liabilities:
Accounts receivable

-10,767

8,136

67

483

-9,285

2,975

1,203

2,035

-94

-1,074

9,696

-19,225

-1,759

16,035

10,224

-1,894

-15,641

14,175

-3,500

-6,412

-1,311

12,510

2,127

1,403

1,241

7,651

8,218

-3,311

2,991

Inventory

-1,472

1,426

-823

1,720

3,325

3,079

443

-1,166

-827

2,156

920

-30

1,623

1,824

543

-2,074

-772

1,718

939

-1,676

-185

2,638

2,011

2,480

1,785

4,055

1,637

2,587

210

Prepaid expenses and other assets

-2,426

920

-405

-2,472

2,409

1,566

163

-982

1,687

-386

-327

1,413

1,699

529

-828

-688

1,167

308

141

665

-709

-286

443

583

2,277

-1,379

409

105

-723

Accounts payable

-3,718

2,551

-2,738

58

-492

-1,409

3,841

-1,833

-1,202

301

567

-186

-1,624

544

1,790

-1,844

-824

2,195

1,962

-2,061

-987

-3,206

2,004

2,446

-341

3,018

1,010

-684

-849

Accrued and other liabilities

-4,919

3,286

189

-5,756

-3,616

4,598

-4,645

-436

3,599

-5,845

2,521

-3,897

-1,647

2,234

558

3,699

-3,351

6,837

127

925

-2,544

2,622

470

2,762

870

-1,005

1,875

1,841

-578

Deferred revenue

114

3,091

282

-778

603

3,112

-3,228

452

6,995

4,263

-1,353

-382

490

9,169

7,480

921

2,039

5,670

559

6,121

2,438

6,319

5,060

1,896

2,714

8,994

1,669

2,546

316

Accrued litigation expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,804

-1,548

-3,047

1,602

Other

0

0

123

-52

-71

84

-65

-100

-18

-22

-69

-47

14

240

159

134

-69

-63

-20

-81

-3

413

-42

328

-89

-

-

-

-

Net cash provided by (used in) operating activities

12,183

5,479

4,680

-4,527

-6,058

2,824

-2,948

-2,218

-352

4,294

-3,751

13,226

545

-3,061

2,583

8,818

10,438

-4,242

4,156

8,975

-5,498

-17,017

-3,803

-6,747

-2,971

-4,470

-6,637

-5,928

-8,098

Cash flows from investing activities:
Proceeds from sales of marketable securities

1,914

10,011

6,055

7,460

8,674

9,526

9,317

3,168

10,709

9,154

4,525

6,602

7,620

-13,909

16,178

7,395

214

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from maturities of marketable securities

10,175

10,076

14,199

14,750

4,500

9,292

11,077

13,505

17,150

8,019

19,799

21,626

10,694

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable securities

5,518

17,784

24,295

15,698

13,859

19,069

20,864

19,670

27,220

17,867

22,506

28,458

18,616

16,963

16,586

23,152

69,530

0

0

0

0

-

-

-

-

-

-

-

-

Purchases of property and equipment

868

401

1,636

1,367

936

545

963

156

1,133

1,511

2,710

835

678

616

1,668

1,200

1,388

919

747

910

901

720

1,589

1,769

2,022

117

973

1,195

708

Net cash provided by (used in) investing activities

5,703

1,902

-5,677

5,145

-1,621

-796

-1,433

-4,153

-494

-2,205

-892

-1,065

-980

-738

-3,576

-21,337

-70,704

-919

-747

-910

-901

-720

-1,589

-1,769

-2,022

-117

-973

-1,195

-708

Cash flows from financing activities:
Proceeds from issuance of common stock under employee equity incentive plans

2,005

2,294

245

2,233

1,027

2,432

0

0

1,269

4,579

458

5,142

2,065

3,220

3,766

2,980

370

2,781

612

2,562

64

2,631

1,741

4,906

-2,248

-

-

-

-

Proceeds from initial public offering, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

-1,275

-1,865

124,177

-

-

-

-

Proceeds from revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14

24,002

5,000

5,000

Principal payments on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

20,000

5,000

5,000

5,000

5,000

Principal payments on term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

92

272

267

Principal payments on borrowings under capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

Proceeds from exercise of convertible preferred stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

813

Proceeds from exercise of common stock options, net of repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-835

-262

-567

Other

0

-

-

-

-2

-1

-24

-26

-26

-20

-26

-32

-25

-27

-25

-25

-25

-27

306

0

0

-68

-76

-77

-76

-

-

-

-

Net cash provided by financing activities

2,005

2,294

246

2,233

1,025

2,431

-24

-26

1,243

4,559

-1,823

3,644

2,040

1,394

3,741

2,955

345

2,754

918

2,562

64

2,543

390

-1,532

106,349

-4,980

-20,402

49,395

1,039

Net increase (decrease) in cash and cash equivalents

19,891

9,675

-751

2,851

-6,654

4,459

-4,405

-6,397

397

6,648

-6,466

15,805

1,605

-2,405

2,748

-9,564

-59,921

-2,407

4,327

10,627

-6,335

-15,194

-5,002

-10,048

101,356

-9,567

-28,012

42,272

-7,767

Supplemental Disclosures:
Cash paid for income taxes, net of refunds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

329

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

Non-cash investing and financing activities:
Inventory transfers to property and equipment

149

123

617

150

303

251

306

58

561

578

469

1,116

783

909

339

767

345

627

1,026

440

747

1,307

1,181

1,475

1,416

2,268

778

1,128

1,464

Purchases of property and equipment included in accounts payable

63

-449

440

-466

485

-20

40

-49

87

221

-375

-18

458

-113

-153

64

364

-

-

-

-

-

-

-

-

-263

235

93

102

Vesting of early exercised stock options

-

-

-

-

-

-

-

-

-

-

-

-

41

-

-

-

0

-

-

-

-

-

-

-

-

232

136

133

153

Accretion of Series D redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,150

-

-

-

-

Costs related to the initial public offering included in accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

485

-481

-868

-5

1,429

-

-

-

-

Reclassification of the convertible preferred stock warrant liability to additional paid-in capital upon the exercise of the convertible preferred stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,199