| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||||||||
-15,473 | 30,688 | -6,240 | -3,219 | 5,914 | 16,541 | 10,821 | -4,239 | 4,897 | -1,539 | -3,299 | -6,994 | -5,667 | -6,077 | -4,192 | -7,456 | -6,533 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
2,760 | 4,964 | 1,342 | 574 | 1,412 | 2,131 | 654 | 1,164 | 1,269 | 814 | 1,231 | 873 | 566 | 495 | 493 | 381 | 308 |
Non-cash operating lease cost | ||||||||||||||||
1,757 | 1,550 | 1,404 | 1,134 | 1,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Stock-based compensation | ||||||||||||||||
13,664 | 10,930 | 8,836 | 8,024 | 5,335 | 4,582 | 4,382 | 3,894 | 3,789 | 2,432 | 2,279 | 2,233 | 1,942 | 950 | 906 | 791 | 637 |
Amortization (accretion) of discounts and premiums on investments, net | ||||||||||||||||
606 | - | - | - | 764 | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of debt discount and issuance costs | ||||||||||||||||
7,675 | 7,676 | 5,436 | 2,814 | 2,699 | 2,719 | 2,672 | 1,261 | 0 | - | - | - | - | - | - | - | - |
Provision for doubtful accounts, net of recoveries | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 122 |
Deferred income taxes | ||||||||||||||||
16,628 | - | - | - | 10,550 | - | - | - | - | - | - | - | - | - | - | - | - |
Provision for doubtful accounts, net of recoveries | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -14 | 434 | 350 | - | - | - | - |
Deferred income taxes | ||||||||||||||||
- | - | - | - | - | - | -1,870 | 3,430 | -8 | - | - | - | - | - | - | - | - |
Other non-cash operating activities, net | ||||||||||||||||
-7,509 | - | - | - | 1,035 | - | - | - | - | - | - | - | - | - | - | - | - |
Recoveries of doubtful accounts | ||||||||||||||||
- | - | - | - | - | - | - | -27 | 108 | - | - | - | - | - | - | - | - |
Change in fair value of contingent consideration | ||||||||||||||||
- | - | - | - | - | - | - | 162 | 293 | - | - | - | - | - | - | - | - |
Loss on disposal of assets | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | -2 | -30 | -10 | 20 | -111 | 35 |
Loss on remeasurement of intercompany loan | ||||||||||||||||
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities, net of effect of business acquisitions: | ||||||||||||||||
Accounts receivable | ||||||||||||||||
-74,901 | 62,023 | 3,592 | 12,590 | -42,880 | 44,337 | 6,773 | 15,083 | -20,553 | 19,217 | 3,766 | 3,517 | -11,175 | 10,906 | 8,082 | 3,555 | -8,295 |
Deferred commissions | ||||||||||||||||
-461 | 15,579 | 2,816 | 889 | 1,177 | 6,627 | 2,643 | 2,262 | 1,209 | 2,836 | -270 | 237 | 860 | 1,333 | -335 | 141 | 443 |
Prepaid expenses and other current assets and other assets | ||||||||||||||||
20,371 | 6,022 | 13,679 | 7,794 | 7,476 | -2,798 | 6,991 | 3,916 | 7,968 | 1,279 | 1,300 | -291 | 1,220 | 3,105 | 1,302 | -471 | 378 |
Accounts payable | ||||||||||||||||
4,285 | -2,846 | 412 | 2,991 | 1,762 | -1,457 | -1,041 | 6,585 | 443 | -3,203 | -241 | 2,486 | -525 | -512 | 1,579 | 376 | 691 |
Accrued payroll and payroll related liabilities | ||||||||||||||||
-29,690 | 26,948 | 7,574 | 4,672 | -10,543 | 11,201 | 1,850 | 2,483 | -2,636 | 5,714 | -933 | 2,772 | -3,506 | 3,534 | 129 | 218 | -2,704 |
Accrued expenses, other current liabilities, operating lease liabilities, and other liabilities | ||||||||||||||||
-4,919 | 7,650 | -2,787 | 3,823 | -595 | 4,665 | 1,582 | -1,983 | -2,949 | 1,578 | 481 | 12 | 977 | 1,364 | -429 | -261 | 449 |
Deferred revenue | ||||||||||||||||
-5,350 | 17,848 | -4,581 | -133 | -12,824 | 28,030 | 2,742 | 2,551 | -4,264 | 31,764 | 5,508 | 2,681 | -118 | 19,410 | 4,564 | 2,148 | 1,718 |
Other liabilities | ||||||||||||||||
- | - | - | - | - | - | - | 189 | -1 | - | 80 | 49 | 159 | -677 | 1,553 | -202 | -8 |
Net cash provided by operating activities | ||||||||||||||||
19,975 | 20,706 | 6,813 | -9,365 | 16,038 | 14,424 | 5,292 | -5,728 | 12,101 | 12,665 | 748 | 669 | 5,023 | 3,096 | -5,172 | -6,959 | 3,005 |
Cash flows from investing activities: | ||||||||||||||||
Purchases of property and equipment | ||||||||||||||||
4,976 | 5,293 | 2,610 | 2,022 | 1,528 | 799 | 2,424 | 2,089 | 1,416 | 1,366 | 1,094 | 701 | 508 | 853 | 1,136 | 917 | 1,401 |
Cash paid in business acquisitions, net of cash acquired | ||||||||||||||||
- | - | - | - | - | 0 | 0 | -5 | 3,542 | 0 | 0 | 5,213 | 3,884 | - | - | - | - |
Purchases of investments | ||||||||||||||||
313,611 | 366,730 | 89,191 | 73,229 | 73,553 | 102,854 | 71,034 | 188,226 | 83,591 | 3,966 | 11,498 | 60,018 | 16,035 | 14 | 0 | 373 | 5,333 |
Sales and maturities of investments | ||||||||||||||||
116,691 | 146,180 | 64,754 | 90,059 | 76,981 | 96,193 | 49,545 | 28,374 | 11,000 | 16,094 | 8,791 | 4,453 | 8,524 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||||||
-201,896 | -250,188 | -27,047 | -1,796 | 1,900 | -7,460 | -23,913 | -161,936 | -77,549 | 10,762 | -3,801 | -61,479 | -11,903 | 8,513 | 2,137 | 6,819 | -6,734 |
Cash flows from financing activities: | ||||||||||||||||
Proceeds from exercise of stock options and taxes withheld | ||||||||||||||||
- | - | - | - | - | - | - | - | 4,973 | - | - | - | - | - | - | - | - |
Proceeds from receipt of Section 16(b) disgorgement | ||||||||||||||||
0 | 0 | 0 | 0 | 4,918 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from initial public offering, net of underwriting commissions and discounts | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 17,577 | 117,180 | - | - | - | - |
Payment of initial public offering costs | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 529 | 1,070 | 0 | 797 | - | - | - | - |
Principal payments on capital lease obligations | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 83 | 82 | 82 | 109 | 55 | 83 | 27 |
Proceeds from exercise of stock options and taxes withheld | ||||||||||||||||
11,600 | 2,091 | 4,838 | -5,198 | 18,425 | - | - | - | - | 1,780 | 1,556 | 122 | 884 | 143 | 96 | 144 | 30 |
Minimum tax withholding paid on behalf of employees for restricted stock units | ||||||||||||||||
9,945 | 4,248 | 1,134 | 2,822 | 2,439 | 2,581 | 101 | 48 | 0 | - | - | - | - | - | - | - | - |
Payment for Contingent Consideration Liability, Financing Activities | ||||||||||||||||
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - |
Other financing activity | ||||||||||||||||
-433 | 0 | -1,000 | 1,000 | -1,305 | -82 | -80 | -82 | -333 | - | - | - | - | - | - | - | - |
Net cash provided by financing activities | ||||||||||||||||
1,222 | -2,782 | 555,049 | -8,020 | 19,599 | -1,467 | 5,424 | 207,383 | 4,640 | 496 | 403 | 17,617 | 117,185 | 1,391 | -33 | -539 | 3 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||||||||||
-1,228 | -121 | -366 | 148 | -105 | -60 | -50 | -225 | 169 | 17 | 11 | 22 | -25 | - | - | - | - |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||||||||
-181,927 | -232,385 | 534,449 | -19,033 | 37,432 | 5,437 | -13,247 | 39,494 | -60,639 | 23,940 | -2,639 | -43,171 | 110,280 | 13,000 | -3,068 | -679 | -3,726 |
Supplemental disclosure of cash flow information: | ||||||||||||||||
Cash paid for interest | ||||||||||||||||
2,817 | 212 | 143 | 575 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Cash paid for income taxes | ||||||||||||||||
529 | 350 | 451 | 829 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Cash paid for amounts included in the measurement of operating lease liabilities | ||||||||||||||||
2,061 | - | - | - | 1,187 | - | - | - | - | - | - | - | - | - | - | - | - |
Supplemental disclosure of noncash investing and financing activities: | ||||||||||||||||
Property and equipment recorded in accounts payable and accrued expenses and other current liabilities | ||||||||||||||||
3,167 | 905 | -239 | 767 | 569 | 106 | -342 | 596 | 360 | -26 | -104 | -226 | 356 | -70 | -674 | 638 | 144 |
Right-of-use assets obtained in exchange for new operating lease liabilities | ||||||||||||||||
14,400 | 403 | 4,316 | 6,989 | 1,604 | - | - | - | - | - | - | - | - | - | - | - | - |
Consideration for business acquisition included in accrued expenses and other current liabilities and other liabilities | ||||||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 1,200 | 0 | 0 | 0 | 1,660 | - | - | - | - |
Deferred initial public offering costs recorded in accounts payable and accrued expenses | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -1,070 | 270 | 1,329 | - | - | - | - |
Contingent consideration settled through issuance of common stock | ||||||||||||||||
0 | 0 | 0 | 0 | 750 | 0 | 0 | 0 | 656 | - | - | - | - | - | - | - | - |
Accretion of Series A redeemable convertible preferred stock | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 1,983 | 1,976 | 1,733 | 1,455 | 1,278 |
Property and equipment funded by capital lease borrowing | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 987 |