Brightcove inc (BCOV)
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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities
Net loss

-24,773

-21,903

-17,808

-18,340

-16,754

-14,028

-12,783

-14,677

-16,703

-19,519

-22,510

-18,732

-13,452

-9,986

-5,451

-5,108

-6,356

-7,580

-11,676

-14,206

-14,887

-16,893

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,242

-13,338

-12,461

-13,127

-12,452

-11,768

-15,268

-16,462

-17,274

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

9,117

8,422

7,782

7,296

6,865

6,796

6,814

7,026

7,167

7,257

7,502

7,476

7,516

7,796

7,690

7,870

8,272

8,687

9,371

9,431

9,190

8,587

7,419

6,756

6,158

5,867

6,119

5,914

5,377

4,666

3,883

3,375

3,120

2,992

0

0

0

Stock-based compensation

10,453

9,259

6,131

5,932

6,405

6,649

6,971

7,267

7,121

7,243

7,041

6,904

6,343

6,012

5,967

5,809

6,020

6,014

5,926

5,929

6,090

6,387

6,438

6,497

6,452

6,401

6,911

6,784

6,595

5,843

4,778

4,376

4,154

4,197

0

0

0

Change in fair value of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Provision for reserves on accounts receivable

1,342

1,137

659

429

256

199

150

130

-6

203

149

161

361

230

324

406

423

408

313

244

171

118

220

169

445

449

397

211

97

137

223

309

99

52

0

0

0

Amortization of premium on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

5

19

40

73

0

0

0

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

0

0

0

-

-

-

-

Loss on disposal of equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-43

0

0

-1

-83

0

0

0

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

-103

5,537

4,684

5,193

-2,796

-2,791

-3,003

1,909

4,838

3,811

3,934

4,529

2,111

559

2,648

-172

1,609

157

940

-183

-2,442

-409

-947

575

570

3,247

1,495

1,800

5,777

4,437

6,006

4,612

6,593

5,438

0

0

0

Prepaid expenses and other current assets

-173

-1,213

-1,054

1,110

-107

-294

-58

-449

-121

1,484

834

1,668

1,046

894

599

89

855

-680

-365

-678

-869

199

364

915

1,078

644

0

0

0

-

-

-

-

-

0

0

0

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Other assets

655

758

566

577

147

418

355

274

122

-94

5

-24

106

299

-22

-43

186

256

523

578

-53

-1,140

-377

-398

-22

819

242

301

189

-90

-1,796

-393

268

452

0

0

0

Accounts payable

3,331

1,682

5,094

331

2,040

1,197

-1,525

-1,277

935

1,758

2,771

3,811

2,467

733

733

1,300

-77

1,751

1,774

2,185

234

-2,324

-1,882

-1,354

-471

2,117

632

-574

134

-1,321

-1,127

-1,411

49

800

0

0

0

Accrued expenses

4,132

6,749

2,872

8,312

759

326

1,908

-535

860

-2,930

-1,655

1,782

-1,542

3,172

3,750

1,197

3,521

137

564

387

-347

-1,902

-2,134

-1,193

336

2,473

3,158

2,567

1,639

3,732

1,892

-449

1,783

1,466

0

0

0

Operating leases

-268

-302

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

1,931

2,746

3,140

1,497

-381

-1,256

736

4,327

6,554

4,748

0

0

2,949

-

3,548

2,933

3,707

227

2,171

1,834

2,564

6,075

3,856

4,791

4,630

4,785

5,891

6,513

7,574

5,477

7,141

6,199

8,093

8,014

0

0

0

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

1,487

-

12,461

13,659

12,030

9,081

7,384

6,126

6,465

1,485

867

3,114

5,198

7,318

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

4,886

2,708

3,413

-1,585

1,878

2,550

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,209

-2,851

-7,480

-6,777

-7,199

0

0

0

Investing activities
Cash paid for acquisition, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,100

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Maturities of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,060

4,000

4,940

6,800

8,200

0

0

0

-

-

-

-

-

-

-

-

Cash paid for purchase of intangible asset

-

-

-

-

-

-

-

-

-

-

-

-

-

300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

1,523

1,047

816

981

1,244

1,538

1,434

1,410

1,262

1,102

1,103

931

842

1,307

105

-25

1,652

1,390

3,497

4,472

3,893

3,518

3,989

3,974

3,495

3,415

2,118

2,558

2,683

6,299

7,140

6,600

6,703

4,064

0

0

0

Capitalized internal-use software costs

7,259

6,232

4,730

3,552

2,938

2,993

3,446

3,674

3,408

3,010

3,038

3,359

3,680

3,887

3,376

2,797

2,109

1,456

1,127

495

620

1,034

0

0

0

-

-

-

-

24

90

162

273

354

0

0

0

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-121

-155

-34

-34

19

0

0

0

-

-

-

-

-321

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-4,496

-

-3,781

-3,072

-3,886

-2,846

-4,616

-4,959

-2,845

-10,471

-9,935

-9,475

-6,832

4,266

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-14,121

-12,618

-10,948

-7,833

-4,182

-4,531

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-45,000

-48,345

-20,786

-3,932

-1,365

0

0

0

Financing activities
Proceeds from issuance of common stock in connection with initial public offering, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56,763

0

0

0

-

-

-

-

Proceeds from exercise of stock options

2,884

3,473

3,532

3,379

5,699

5,757

5,581

4,464

1,124

520

542

4,644

4,591

4,555

4,449

259

126

129

85

100

526

597

1,829

2,165

1,839

1,830

884

1,223

1,273

1,346

1,303

708

632

475

0

0

0

Purchase of non-controlling interest in consolidated subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,084

0

0

0

-

-

-

-

-

-

-

-

Payments of withholding tax on RSU vesting

-

-

-

-

-

-

-

-

-

-

364

415

437

405

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from equipment financing

-

-

-

-

-

-

-

-

-

-

-

-

-

604

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on equipment financing (Note 9)

-

-

-

-

-

-

-

-

-

-

304

301

299

271

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from debt

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

-264

-296

-287

-292

-426

-507

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments under term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Payments under capital lease obligation

-

-

-

-

-

-

-

-

-

-

551

667

746

850

1,026

1,166

1,291

1,332

1,527

1,502

1,496

1,399

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

3,109

-

2,326

-2,042

-904

-1,412

-362

-102

-970

-802

969

1,641

1,617

746

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

12,620

3,177

3,245

3,087

5,273

5,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51,109

48,778

48,183

55,268

5,188

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-244

186

84

87

-440

-95

-174

43

543

416

-315

-369

-224

-241

398

411

145

-102

-323

-612

-507

-343

-295

10

-312

-991

-1,228

-1,145

-829

-419

0

125

114

262

0

0

0

Net increase (decrease) in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

0

-2,749

-

-13,136

-1,843

-124

9,176

11,404

8,956

7,385

4,721

2,083

453

2,143

-10,131

-8,394

-4,710

-329

11,339

13,159

-19,112

-40,554

4,481

-2,418

20,042

44,673

-3,114

0

0

0

Supplemental disclosure of cash flow information
Cash paid for operating lease liabilities

7,302

7,382

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash investing and financing activities
Conversion of preferred stock to common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

121,124

0

0

0

-

-

-

-

Conversion of warrants to purchase preferred stock to warrants to purchase common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

395

0

0

0

-

-

-

-

Accretion of Series A, B, C and D redeemable convertible preferred stock issuance costs and dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

772

2,260

3,747

5,233

5,947

0

0

0

Vesting of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

34

59

84

101

100

100

100

159

0

0

0

Fair value of shares issued for acquisition of a business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,615

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Less fair value of common stock issued in connection with acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for acquisition, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,100

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-