| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 |
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net (loss) income | ||||||
52,890 | 10,663 | 7,046 | -34,995 | -80,292 | -28,296 | -20,420 |
Income from discontinued operations, net of tax | ||||||
0 | 0 | 7,761 | -17,116 | -42,733 | 0 | - |
Income (loss) from continuing operations | ||||||
52,890 | 10,663 | -715 | -17,879 | -37,559 | -28,296 | - |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||||||
Stock-based compensation | ||||||
17,374 | 9,693 | 6,470 | 4,926 | 3,879 | 1,862 | 1,952 |
Depreciation and amortization | ||||||
2,128 | 2,240 | 3,722 | 5,218 | 5,128 | 6,702 | 2,440 |
Deferred income taxes | ||||||
-45,638 | -2,983 | 1,110 | 1,094 | -893 | 284 | -345 |
Contingent consideration expense | ||||||
58 | 0 | 0 | - | 302 | 1,342 | 239 |
Change in Fair Value of Contingent Consideration | ||||||
337 | 0 | 0 | - | - | - | - |
Loss on impairment of intangible assets | ||||||
142 | 0 | 0 | - | - | - | - |
Change in fair value of contingent consideration payable in preferred stock | ||||||
- | - | - | - | 2,258 | 0 | 0 |
Change in fair value of stock warrants | ||||||
- | - | - | - | 606 | 115 | 93 |
Foreign currency remeasurement loss (gain) | ||||||
976 | -1,838 | 1,261 | 1,275 | 0 | 0 | 0 |
Other non-cash operating expenses | ||||||
0 | -489 | -41 | 98 | 89 | 0 | 0 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ||||||
Restricted cash | ||||||
- | - | - | - | - | - | -89 |
Accounts receivable | ||||||
-477 | 2,349 | -281 | 604 | 946 | 46 | 473 |
Unbilled accounts receivable | ||||||
947 | -95 | 1,947 | 291 | 1,066 | 458 | 1,060 |
Prepaid expenses and other current assets | ||||||
718 | 636 | 1,068 | -2,076 | 116 | 439 | 584 |
Other non-current assets | ||||||
1,227 | 0 | 17 | 22 | -353 | 109 | 208 |
Accounts payable | ||||||
1,569 | -638 | -688 | -588 | 1,757 | 706 | 711 |
Accrued expenses and other current liabilities | ||||||
1,354 | 3,031 | 938 | 1,864 | 2,087 | 2,870 | 339 |
Deferred revenue | ||||||
1,718 | 2,531 | 2,581 | 2,280 | 3,242 | 2,821 | 1,907 |
Other non-current liabilities | ||||||
2,274 | 1,751 | 228 | 909 | 880 | -15 | 165 |
Net cash provided by operating activities by continuing operations | ||||||
32,767 | 22,049 | 12,197 | 160 | -20,177 | -12,661 | -15,155 |
Net cash provided by operating activities by discontinued operations | ||||||
0 | 0 | 2,421 | -5,124 | -4,107 | 0 | - |
Net cash provided by operating activities | ||||||
32,767 | 22,049 | 14,618 | -4,964 | -24,284 | -12,661 | - |
Cash flows from investing activities | ||||||
Purchases of property and equipment; and software | ||||||
900 | 792 | 244 | 4,396 | 3,038 | 1,420 | 413 |
Payments for acquisitions, net of cash acquired | ||||||
9,815 | 0 | 420 | 0 | 489 | 398 | 25,075 |
Issuance of loan receivable | ||||||
175 | 0 | 0 | - | - | - | - |
Cash withheld for purchase consideration | ||||||
- | - | - | -73 | 73 | 0 | 230 |
Proceeds from security deposit for sub-lease | ||||||
0 | 0 | 84 | 0 | 0 | - | - |
Payments for security deposits | ||||||
0 | 33 | 0 | 0 | 2,825 | 0 | 142 |
Purchase of short-term investment | ||||||
35,099 | 15,000 | 15,000 | 0 | 0 | - | - |
Sale of short-term investment | ||||||
15,000 | 15,000 | 0 | 0 | - | - | - |
Net cash used in investing activities by continuing operations | ||||||
-30,989 | -825 | -15,580 | -4,323 | -6,425 | -1,818 | -25,860 |
Net cash used in investing activities by discontinued operations | ||||||
- | - | - | -2 | -22,844 | 0 | - |
Net cash used in investing activities | ||||||
- | - | - | -4,325 | -29,269 | -1,818 | - |
Cash flows from financing activities | ||||||
Proceeds from issuance of Series A Redeemable Convertible Preferred Stock, net of issuance costs of $2,124 | ||||||
0 | 0 | 44,226 | 0 | 0 | - | 49,904 |
Net proceeds from issuance of common stock upon initial public offering | ||||||
- | - | - | - | 96,007 | 0 | 0 |
Proceeds from exercise of common stock options | ||||||
5,584 | 3,906 | 1,406 | 777 | 787 | 821 | 253 |
Payments for deferred offering costs | ||||||
- | - | - | - | - | 1,074 | 0 |
Payments of contingent consideration previously established in purchase accounting | ||||||
354 | 0 | 0 | 1,840 | 2,209 | 0 | 0 |
Payment for repurchase of common stock | ||||||
0 | 0 | 30,524 | 0 | 0 | - | - |
Net cash provided by financing activities by continuing operations | ||||||
5,230 | 3,906 | 15,108 | -1,063 | 94,585 | - | 50,157 |
Net cash used in financing activities by discontinued operations | ||||||
0 | 0 | -14,510 | 0 | 0 | - | - |
Net cash provided by financing activities | ||||||
5,230 | 3,906 | 598 | -1,063 | 94,585 | -253 | - |
Effect of exchange rate changes on cash and cash equivalents | ||||||
-749 | 420 | -275 | -289 | 890 | -85 | -29 |
Net (decrease) increase in cash and cash equivalents and restricted cash | ||||||
6,259 | 25,550 | -639 | -10,641 | 41,922 | -14,817 | 9,113 |
Supplemental disclosure of cash flow activities | ||||||
Cash paid for taxes | ||||||
483 | 101 | 177 | 171 | 94 | 26 | 33 |
Supplemental disclosure of non-cash operating, investing and financing activities | ||||||
Unpaid purchases of property and equipment | ||||||
100 | 22 | 8 | 43 | 2,575 | 0 | 0 |
Adjustments to Additional Paid in Capital, Increase in Carrying Amount of Redeemable Preferred Stock | ||||||
- | - | - | - | 0 | - | - |
Series A Redeemable Convertible Preferred Stock issuance costs accretion | ||||||
- | - | 2,124 | - | 4 | - | - |
Fair value of common shares received from legal settlement (Note 3) | ||||||
0 | 0 | 2,593 | 0 | 0 | - | - |
Issuance of preferred and common stock in connection with acquisitions | ||||||
- | - | - | - | 5,969 | 0 | 44,089 |
Contingent acquisition consideration | ||||||
- | - | - | - | - | - | 9,049 |
Accretion of preferred stock to redemption value | ||||||
- | - | - | - | 4 | 57 | 48 |
Conversion of preferred stock to common stock | ||||||
- | - | - | - | 154,855 | 0 | 0 |
Reclassification of warrant liability to additional paid-in capital | ||||||
- | - | - | - | 968 | 0 | 0 |
Reclassification of contingent consideration payable in common shares | ||||||
- | - | - | - | 4,878 | 0 | 0 |
Series A Redeemable Convertible Preferred Stock | ||||||
Series A Redeemable Convertible Preferred Stock dividend accretion | ||||||
2,748 | 2,599 | 1,310 | - | - | - | - |
Series A Redeemable Convertible Preferred Stock issuance costs accretion | ||||||
0 | 0 | 2,124 | - | - | - | - |