| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | |||||||||
102,174 | 104,458 | 95,184 | 32,495 | 36,428 | 39,623 | 47,812 | 50,468 | 89,785 | 21,262 |
Restricted cash | |||||||||
121 | 129 | 246 | 10,254 | 20,260 | - | 20,000 | 20,000 | - | 0 |
Accounts receivable, net | |||||||||
57,668 | 81,452 | 61,691 | 63,772 | 53,245 | 58,125 | 36,822 | 40,488 | 39,907 | 48,348 |
Other receivables | |||||||||
4,066 | 3,908 | 3,634 | 3,171 | 2,328 | 2,417 | 3,530 | 3,073 | 2,748 | 2,898 |
Prepaid expenses and other assets | |||||||||
6,013 | 5,783 | 5,320 | 5,609 | 5,037 | 3,956 | 3,686 | 3,430 | 3,658 | 2,121 |
Total current assets | |||||||||
170,042 | 195,730 | 166,075 | 115,301 | 117,298 | 124,368 | 111,850 | 117,459 | 136,098 | 74,629 |
Long-term assets: | |||||||||
Property and equipment, net | |||||||||
13,085 | 14,290 | 12,125 | 11,895 | 11,351 | 10,230 | 9,273 | 7,829 | 7,363 | 7,319 |
Operating Lease, Right-of-Use Asset | |||||||||
9,421 | 0 | - | - | - | - | - | - | - | - |
Intangible assets, net | |||||||||
404 | 389 | 375 | 369 | 367 | 370 | 365 | 366 | 359 | 528 |
Capitalized software development costs, net | |||||||||
3,789 | 3,815 | 3,099 | 2,529 | 2,015 | 1,625 | 1,278 | 1,070 | 880 | 433 |
Deferred FI implementation costs, net | |||||||||
- | - | - | - | - | 15,877 | - | - | - | 13,625 |
Deferred FI implementation costs, net | |||||||||
7,375 | 8,383 | 10,235 | 12,181 | 14,067 | - | 14,203 | 12,425 | - | - |
DEFERRED FI IMPLEMENTATION COSTS, net | |||||||||
- | - | - | - | - | - | - | - | 12,119 | - |
Other long-term assets, net | |||||||||
1,962 | 1,706 | 1,338 | 1,281 | 1,369 | 1,293 | 1,104 | 1,097 | 988 | 4,224 |
Total assets | |||||||||
206,078 | 224,313 | 193,247 | 143,556 | 146,467 | 153,763 | 138,073 | 140,246 | 157,807 | 100,758 |
Liabilities and stockholders' equity | |||||||||
Current liabilities: | |||||||||
Accounts payable | |||||||||
1,146 | 1,229 | 1,946 | 1,212 | 1,896 | 2,099 | 2,437 | 918 | 1,783 | 1,554 |
Accrued liabilities: | |||||||||
Accrued compensation | |||||||||
5,023 | 8,186 | 6,944 | 5,709 | 4,734 | 5,936 | 5,487 | 4,305 | 3,263 | 4,638 |
Accrued expenses | |||||||||
3,003 | 6,018 | 3,906 | 4,012 | 3,743 | 4,388 | 3,537 | 4,510 | 3,918 | 4,615 |
FI Share liability | |||||||||
31,049 | 41,956 | 33,697 | 30,587 | 23,369 | 27,656 | 20,185 | 20,729 | 21,376 | 23,914 |
Consumer Incentive liability | |||||||||
14,223 | 19,861 | 15,873 | 15,485 | 15,217 | 11,476 | 4,830 | 5,834 | 6,949 | 7,242 |
Deferred revenue | |||||||||
603 | 1,127 | 745 | 397 | 574 | 346 | 250 | 174 | - | 132 |
Operating Lease, Liability, Current | |||||||||
3,337 | 0 | - | - | - | - | - | - | - | - |
Current finance lease liabilities | |||||||||
24 | 24 | 23 | 22 | 22 | 21 | 21 | - | - | 44 |
Deferred billings | |||||||||
- | - | - | - | - | - | - | - | 189 | - |
Short-term warrant liability | |||||||||
- | - | - | - | - | - | - | 16,055 | 17,666 | - |
Line of credit | |||||||||
- | - | - | - | - | - | - | - | 25,634 | - |
Capital leases | |||||||||
- | - | - | - | - | - | - | 22 | 23 | - |
Total current liabilities | |||||||||
58,408 | 78,401 | 63,134 | 57,424 | 49,555 | 51,922 | 36,747 | 52,547 | 80,801 | 42,139 |
Long-term liabilities: | |||||||||
Deferred liabilities | |||||||||
0 | 2,632 | 2,773 | 2,913 | 3,044 | 3,173 | 3,305 | 3,437 | 3,554 | 3,670 |
Operating Lease, Liability, Noncurrent | |||||||||
9,305 | 0 | - | - | - | - | - | - | - | - |
Warrants and Rights Outstanding | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 10,230 |
Long-term finance lease liabilities | |||||||||
7 | 13 | 19 | 36,681 | 46,691 | 46,693 | 46,794 | - | - | 56,968 |
Total liabilities | |||||||||
67,720 | 81,046 | - | - | - | - | - | - | - | - |
Lines of credit | |||||||||
- | - | - | - | - | - | - | 27,477 | 0 | - |
Term loans | |||||||||
- | - | - | - | - | - | - | 19,972 | 32,842 | - |
Capital leases | |||||||||
- | - | - | - | - | - | - | 47 | 52 | - |
Total liabilities | |||||||||
- | - | 65,926 | 97,018 | 99,290 | 101,788 | 86,846 | 50,933 | 36,448 | 113,007 |
Commitments and contingencies (Note 13) | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Redeemable convertible preferred stock: | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 196,437 |
Stockholders’ equity: | |||||||||
Common stock, $0.0001 par value—100,000 shares authorized and 26,547 and 26,824 shares issued and outstanding as of December 31, 2019 and March 31, 2020, respectively. | |||||||||
8 | 8 | 8 | 7 | 7 | 7 | 7 | 7 | 7 | 0 |
Additional paid-in capital | |||||||||
487,903 | 480,578 | 466,737 | 378,773 | 373,351 | 371,463 | 359,501 | 336,874 | 328,493 | 58,693 |
Accumulated other comprehensive income | |||||||||
2,609 | 1,312 | 2,634 | 2,069 | 1,620 | 1,992 | 1,640 | 1,438 | 558 | 1,066 |
Accumulated deficit | |||||||||
-352,162 | -338,631 | -342,058 | -334,311 | -327,801 | -321,487 | -309,921 | -301,553 | -288,500 | -268,445 |
Total stockholders’ equity | |||||||||
138,358 | 143,267 | 127,321 | 46,538 | 47,177 | 51,975 | 51,227 | 36,766 | 40,558 | -208,686 |
Total liabilities and stockholders’ equity | |||||||||
206,078 | 224,313 | 193,247 | 143,556 | 146,467 | 153,763 | 138,073 | 140,246 | 157,807 | 100,758 |
Series G’ Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 44,672 |
Series G Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 5,110 |
Series F/F-R Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 58,449 |
Series E/E-R Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 29,972 |
Series D/D-R Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 32,728 |
Series C/C-R Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 18,366 |
Series B/B-R Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 5,288 |
Series A/A-R Stock | |||||||||
Temporary Equity, Carrying Amount, Attributable to Parent | |||||||||
- | - | - | - | - | 0 | - | - | - | 1,852 |