| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||
Net loss | |||||||||
-45,515 | -52,627 | -50,294 | -40,346 | -62,084 | -63,179 | -30,361 | -14,873 | -15,064 | -2,475 |
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
22,351 | 15,815 | 15,906 | 13,073 | 11,664 | 9,493 | 8,172 | 8,560 | 7,306 | 6,609 |
Stock-based compensation expense | |||||||||
19,572 | 28,868 | 16,137 | 18,088 | 10,454 | 5,588 | 1,202 | 712 | 721 | 1,035 |
Accretion of interest on convertible senior notes | |||||||||
11,256 | 0 | 0 | - | - | - | - | - | - | - |
Interest accrual on finance lease liabilities | |||||||||
33 | 0 | 0 | - | - | - | - | - | - | - |
Change in fair value and accretion of warrant | |||||||||
- | - | - | - | - | 744 | 892 | 488 | 141 | 306 |
Impairment of goodwill | |||||||||
- | - | - | - | - | - | - | - | 1,670 | - |
Impairment of intangible assets | |||||||||
- | - | - | - | - | - | - | - | 54 | - |
Loss on disposal of property and equipment | |||||||||
- | - | - | - | - | - | - | - | 124 | -9 |
Interest accrual on financing obligations (prior to adoption of ASC 842) | |||||||||
0 | 7,521 | 7,500 | 6,827 | 7,092 | 3,624 | 1,768 | 1,774 | 1,771 | 1,759 |
Rent payments in excess of expense | |||||||||
-16 | 0 | 0 | - | - | - | - | - | - | - |
Loss on disposal or impairment of property and equipment | |||||||||
-9 | -7 | -157 | -141 | -18 | -25 | -65 | -17 | - | - |
Provision for doubtful accounts | |||||||||
111 | 364 | 75 | 667 | 22 | 0 | -32 | 98 | 136 | 130 |
Change in fair value of contingent consideration | |||||||||
- | - | - | - | - | - | -17 | 188 | 842 | 246 |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | |||||||||
11,875 | -8,650 | -2,800 | 3,936 | 7,800 | -2,357 | 10,264 | 4,411 | 2,029 | 1,141 |
Accrued interest on short-term investments | |||||||||
0 | 0 | -7 | -220 | -205 | -162 | - | - | - | - |
Contract, prepaid and other current assets | |||||||||
3,642 | 570 | -4,519 | 6,716 | - | - | - | - | - | - |
Deferred costs and other non-current assets | |||||||||
-2,893 | -3,137 | -5,538 | -3,816 | - | - | - | - | - | - |
Accounts payable and accrued expenses | |||||||||
426 | 6,566 | -3,015 | -859 | - | - | - | - | - | - |
Prepaid expenses and other current assets | |||||||||
- | - | - | - | 1,328 | -833 | 1,440 | -639 | -11 | 94 |
Other non-current assets | |||||||||
- | - | - | - | -1,380 | -824 | - | - | - | - |
Accounts payable | |||||||||
- | - | - | - | 3,418 | -199 | 2,625 | 862 | -304 | 98 |
Accrued expenses | |||||||||
- | - | - | - | 2,961 | 2,469 | 904 | 532 | -78 | 1,450 |
Accrued compensation and benefits | |||||||||
161 | 649 | -3,097 | -3,337 | 3,310 | 3,192 | 4,521 | 3,102 | 867 | 541 |
Deferred revenue | |||||||||
-14,047 | -9,165 | -1,922 | -12,537 | -1,189 | 14,288 | 22,701 | 14,747 | 9,821 | -1,458 |
Contingent consideration related to acquisition | |||||||||
- | - | - | - | - | - | - | 320 | - | - |
Other non-current liabilities | |||||||||
-92 | -234 | -248 | 2,073 | 332 | 901 | 331 | 293 | 141 | 170 |
Net cash and cash equivalents used in operating activities | |||||||||
-18,375 | 8,981 | -5,937 | -22,826 | -31,545 | -18,878 | 1,067 | 12,408 | 5,882 | 7,185 |
Cash flows from investing activities | |||||||||
Business combination, net of cash acquired | |||||||||
20,914 | 0 | 0 | - | - | - | - | - | - | 6,395 |
Purchases of short-term investments held to maturity | |||||||||
- | - | - | 2,004 | 68,185 | 12,959 | 13,168 | - | - | - |
Proceeds from short-term investments held to maturity | |||||||||
0 | 0 | 2,000 | 40,225 | 32,667 | 20,830 | - | - | - | - |
Purchases of property and equipment | |||||||||
13,248 | 8,290 | 8,279 | 12,705 | 14,727 | 9,824 | 8,918 | 6,308 | 5,747 | 3,336 |
Proceeds from sale of property and equipment | |||||||||
- | - | - | - | - | - | 9 | - | - | 6 |
Net cash and cash equivalents used in investing activities | |||||||||
-34,162 | -8,290 | -6,279 | 25,516 | -50,245 | -1,953 | -22,077 | -6,308 | -5,747 | -9,725 |
Cash flows from financing activities | |||||||||
Proceeds from initial public offering, net of issuance costs | |||||||||
- | - | - | - | - | - | 70,064 | - | - | - |
Proceeds from sale of Series B redeemable convertible preferred stock, net of issuance costs | |||||||||
- | - | - | - | - | - | - | - | - | 29,973 |
Draws on revolving line of credit | |||||||||
0 | 115,000 | 105,000 | 84,000 | 57,492 | 14,000 | 10,757 | - | - | - |
Payments on revolving line of credit | |||||||||
0 | 171,246 | 89,000 | 74,000 | 44,903 | 2,100 | 5,000 | - | - | - |
Proceeds from issuance of convertible notes | |||||||||
0 | 240,000 | 0 | 0 | - | - | - | - | - | - |
Payments of debt issuance costs | |||||||||
357 | 6,000 | 0 | - | - | - | - | - | - | - |
Remittance of taxes upon vesting of restricted stock units | |||||||||
- | - | - | 202 | 2,116 | 226 | - | - | - | - |
Repurchase of common stock | |||||||||
- | - | - | - | - | - | - | 599 | 814 | 30,960 |
Proceeds from notes payable borrowing | |||||||||
- | - | - | - | - | - | 1,465 | 4,535 | 2,020 | 816 |
Repayment of notes payable | |||||||||
- | - | - | - | - | - | 7,447 | 1,074 | 981 | 2,012 |
Proceeds from exercises of stock options | |||||||||
- | - | - | - | - | 2,817 | 699 | 108 | 140 | 516 |
Proceeds from issuance of common stock and warrant, net of issuance costs | |||||||||
- | - | - | - | 74,538 | 0 | 68 | - | - | - |
Payments of debt issuance costs and deferred financing costs | |||||||||
- | - | - | 379 | 566 | 0 | - | - | - | - |
Purchase of convertible note capped call hedge | |||||||||
0 | 33,024 | 0 | 0 | - | - | - | - | - | - |
Proceeds from exercises of stock options and ESPP | |||||||||
453 | 712 | 3,715 | 6,870 | 4,229 | - | - | - | - | - |
Payments of contingent consideration | |||||||||
- | - | - | - | - | - | 311 | 2,078 | - | - |
Payments on capital lease and financing obligations | |||||||||
1,627 | 10,540 | 9,017 | 10,200 | 9,884 | 8,231 | 3,343 | 3,145 | 2,810 | 3,652 |
Payments of principal on finance lease liabilities | |||||||||
5,884 | 0 | 0 | - | - | - | - | - | - | - |
Net cash and cash equivalents used in financing activities | |||||||||
-7,415 | 134,902 | 10,698 | 6,089 | 78,790 | 6,260 | 66,952 | -2,253 | -2,445 | -5,319 |
Net decrease in cash and cash equivalents | |||||||||
-59,952 | 135,593 | -1,518 | 8,779 | -3,000 | -14,571 | 45,942 | 3,847 | -2,310 | -7,859 |
Supplemental disclosure of non-cash investing and financing activities | |||||||||
Property and equipment purchases in accounts payable and accrued expenses | |||||||||
154 | 244 | 389 | 699 | 1,489 | 4,226 | 524 | - | - | - |
Property and equipment purchased with financing and capital lease obligations (prior to adoption of ASC 842) | |||||||||
0 | 4,810 | 0 | 28,032 | 914 | 21,739 | 5,440 | 132 | 3,084 | 1,178 |
Non-monetary exchange of property and equipment | |||||||||
- | - | - | - | - | - | - | - | 1,010 | - |
Post contract support purchased with financing obligations | |||||||||
1,287 | 790 | 0 | 1,048 | 272 | 754 | 3,872 | - | - | - |
Debt issuance costs included in accounts payable and accrued expenses | |||||||||
0 | 358 | 0 | 0 | - | - | - | - | - | - |
Allocation of proceeds to deferred revenue from issuance of common stock based on relative selling price | |||||||||
- | - | - | - | 207 | 0 | - | - | - | - |
Supplemental disclosure of cash flow information | |||||||||
Income taxes paid | |||||||||
28 | 28 | 14 | 7 | 18 | 38 | 169 | 40 | 51 | 44 |
Interest paid | |||||||||
12,374 | 11,884 | 10,911 | 6,655 | 6,525 | 2,449 | 2,146 | 1,973 | 1,927 | 2,097 |