A10 networks, inc. (ATEN)
CashFlow / TTM
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

-5,844

-17,819

-19,478

-21,458

-20,219

-27,617

-25,223

-25,661

-29,084

-10,751

-14,774

-17,213

-14,193

-22,391

-28,373

-32,656

-37,698

-41,897

-48,696

-52,033

-43,352

-34,720

-24,303

-14,748

-23,665

-27,096

0

0

0

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

10,892

10,028

9,293

8,759

8,193

7,880

8,309

8,282

8,443

8,511

8,570

8,882

8,563

8,267

7,851

7,760

8,133

8,716

9,568

10,056

10,363

10,121

9,417

8,667

7,951

7,080

0

0

0

Stock-based compensation

15,673

16,529

16,204

15,139

12,783

17,038

16,434

18,647

21,038

17,203

17,677

17,720

16,626

16,922

16,684

16,704

16,840

16,861

17,291

16,221

15,222

12,359

9,716

7,331

5,189

4,282

0

0

0

Provision for doubtful accounts and sales returns

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,867

1,788

0

0

0

Other non-cash items

-80

153

642

144

703

68

1,200

1,042

-245

422

-7

-210

-321

-875

-127

-696

-195

82

0

0

0

-

-

-

-

-

-

-

0

Unrealized foreign exchange gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

-2,081

-599

-5,760

-4,624

-3,072

6,119

2,070

10,563

-10,697

-12,362

4,747

5,275

22,606

8,724

6,864

-6,860

-11,378

2,952

1,287

6,914

14,729

17,281

12,422

18,513

13,799

15,549

0

0

0

Inventory

851

5,648

7,301

8,567

5,681

1,529

606

1,083

2,219

4,669

4,337

3,960

1,916

-479

-585

-189

209

796

1,716

2,788

6,944

8,914

10,331

9,957

10,064

8,489

0

0

0

Prepaid expenses and other assets

-4,383

452

1,098

1,666

3,156

2,434

482

-8

2,387

2,399

3,314

2,813

712

180

-41

928

2,281

405

-189

113

31

3,017

1,924

1,890

1,412

-1,588

0

0

0

Accounts payable

-3,847

-621

-4,581

1,998

107

-603

1,107

-2,167

-520

-942

-699

524

-1,134

-334

1,317

1,489

1,272

1,109

-4,292

-4,250

257

903

7,127

6,133

3,003

2,495

0

0

0

Accrued and other liabilities

-7,200

-5,897

-4,585

-9,419

-4,099

3,116

-7,327

-161

-3,622

-8,868

-789

-2,752

4,844

3,140

7,743

7,312

4,538

5,345

1,130

1,473

3,310

6,724

3,097

4,502

3,581

2,133

0

0

0

Deferred revenue

2,709

3,198

3,219

-291

939

7,331

8,482

10,357

9,523

3,018

7,924

16,757

18,060

19,609

16,110

9,189

14,389

14,788

15,437

19,938

15,713

15,989

18,664

15,273

15,923

13,525

0

0

0

Accrued litigation expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,797

0

0

0

Other

71

0

84

-104

-152

-99

-205

-209

-156

-124

138

366

547

464

161

-18

-233

-167

309

287

696

610

0

0

0

-

-

-

-

Net cash provided by (used in) operating activities

17,815

-426

-3,081

-10,709

-8,400

-2,694

-1,224

-2,027

13,417

14,314

6,959

13,293

8,885

18,778

17,597

19,170

19,327

3,391

-9,384

-17,343

-33,065

-30,538

-17,991

-20,825

-20,006

-25,133

0

0

0

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

25,440

32,200

31,715

34,977

30,685

32,720

32,348

27,556

30,990

27,901

4,838

16,491

17,284

9,878

23,787

7,609

214

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from maturities of marketable securities

49,200

43,525

42,741

39,619

38,374

51,024

49,751

58,473

66,594

60,138

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable securities

63,295

71,636

72,921

69,490

73,462

86,823

85,621

87,263

96,051

87,447

86,543

80,623

75,317

126,231

109,268

92,682

69,530

0

0

0

0

-

-

-

-

-

-

-

-

Purchases of property and equipment

4,272

4,340

4,484

3,811

2,600

2,797

3,763

5,510

6,189

5,734

4,839

3,797

4,162

4,872

5,175

4,254

3,964

3,477

3,278

4,120

4,979

6,100

5,497

4,881

4,307

2,993

0

0

0

Net cash provided by (used in) investing activities

7,073

-251

-2,949

1,295

-8,003

-6,876

-8,285

-7,744

-4,656

-5,142

-3,675

-6,359

-26,631

-96,355

-96,536

-93,707

-73,280

-3,477

-3,278

-4,120

-4,979

-6,100

-5,497

-4,881

-4,307

-2,993

0

0

0

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

6,777

5,799

5,937

5,692

3,459

3,701

5,848

6,306

11,448

12,244

10,885

14,193

12,031

10,336

9,897

6,743

6,325

6,019

5,869

6,998

9,342

7,030

0

0

0

-

-

-

-

Proceeds from initial public offering, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

121,017

0

0

0

-

-

-

-

Proceeds from revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,988

0

0

0

Principal payments on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

25,000

30,000

35,000

20,000

0

0

0

Principal payments on term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

631

0

0

0

Principal payments on borrowings under capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from exercise of convertible preferred stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

813

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other

0

-

-

-

-53

-77

-96

-98

-104

-103

-110

-109

-102

-102

-102

229

254

279

238

-144

-221

-297

0

0

0

-

-

-

-

Net cash provided by financing activities

6,778

5,798

5,935

5,665

3,406

3,624

5,752

3,953

7,623

8,420

5,255

10,819

10,130

8,435

9,795

6,972

6,579

6,298

6,087

5,559

1,465

107,750

100,227

79,435

130,362

25,052

0

0

0

Net increase (decrease) in cash and cash equivalents

31,666

5,121

-95

-3,749

-12,997

-5,946

-3,757

-5,818

16,384

17,592

8,539

17,753

-7,616

-69,142

-69,144

-67,565

-47,374

6,212

-6,575

-15,904

-36,579

71,112

76,739

53,729

106,049

-3,074

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

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

1,039

1,193

1,321

1,010

918

1,176

1,503

1,666

2,724

2,946

3,277

3,147

2,798

2,360

2,078

2,765

2,438

2,840

3,520

3,675

4,710

5,379

6,340

5,937

5,590

5,638

0

0

0

Purchases of property and equipment included in accounts payable

-412

10

439

39

456

58

299

-116

-85

286

-48

174

256

162

0

0

0

-

-

-

-

-

-

-

-

167

0

0

0

Vesting of early exercised stock options

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

654

0

0

0

Accretion of Series D redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,150

0

0

0

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-869

75

0

0

0

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,199

0

0

0