Cornerstone ondemand, inc. (CSOD)
Balance Sheet / Quarterly
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'11Dec'10
Assets
Cash and cash equivalents

456,154

215,907

218,738

395,106

357,015

183,596

136,558

450,931

413,345

393,576

76,433

107,002

59,860

83,300

65,290

112,575

94,527

107,691

57,927

79,379

86,648

166,557

103,994

96,578

108,685

109,583

89,641

290,264

76,170

76,442

64,492

66,968

87,186

85,409

64,375

48,658

7,067

Short-term investments

0

201,579

157,677

7,998

34,950

204,732

254,439

191,301

204,174

169,551

232,268

202,952

230,582

218,791

172,015

154,052

178,786

136,841

156,531

146,003

133,449

116,106

123,793

145,183

184,421

199,925

142,096

-

-

0

-

-

-

-

-

-

-

Investments in marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,026

34,063

-

Accounts receivable, net

94,200

131,105

100,406

103,609

92,645

125,300

97,439

110,432

113,956

154,428

124,461

119,166

98,929

136,657

99,581

103,278

88,480

104,686

93,281

80,623

61,392

84,499

86,856

69,128

52,545

67,191

55,612

44,136

37,228

47,528

45,157

32,754

25,096

34,110

23,114

20,037

20,876

Deferred commissions, current portion

33,470

33,215

28,642

17,962

16,013

25,531

24,880

20,755

22,830

42,806

37,778

34,968

34,702

36,298

32,642

33,040

33,575

35,910

28,066

27,565

24,758

26,236

20,004

19,047

15,947

16,634

12,436

10,881

10,913

9,354

4,223

3,776

3,895

3,537

2,824

2,593

2,330

Prepaid expenses and other current assets

33,789

30,512

31,349

38,872

33,802

34,940

31,558

38,606

30,885

21,754

22,800

23,807

26,305

18,467

18,995

17,887

18,863

15,297

17,125

15,786

15,785

13,007

13,568

12,690

11,890

14,118

13,094

11,280

9,443

8,249

7,132

4,363

4,015

3,789

3,553

3,588

1,869

Total current assets

617,613

612,318

536,812

563,547

534,425

574,099

544,874

812,025

785,190

782,115

493,740

487,895

450,378

493,513

388,523

420,832

414,231

400,425

352,930

349,356

322,032

406,405

348,215

342,626

373,488

407,451

312,879

356,561

133,754

141,573

121,004

107,861

120,192

126,845

110,892

108,939

32,142

Capitalized software development costs, net

50,169

50,023

48,887

49,341

45,766

45,416

43,826

41,504

39,387

37,431

37,586

35,915

32,716

30,683

28,796

26,811

25,131

23,089

21,284

19,177

17,245

15,719

14,357

13,088

11,732

10,665

9,572

8,814

8,028

7,007

6,259

5,528

4,760

4,106

3,757

3,310

2,662

Property and equipment, net

33,581

36,526

37,650

35,740

33,081

77,254

24,647

25,875

24,582

20,817

21,594

22,946

22,061

23,962

24,790

25,506

26,766

27,021

28,775

29,813

23,101

21,424

20,428

19,376

17,333

14,436

12,014

11,557

8,571

7,947

6,171

4,957

4,182

3,663

4,356

4,318

3,976

Operating right-of-use assets

70,908

72,944

76,015

79,838

82,984

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred commissions, net of current portion

70,919

74,563

63,643

60,500

58,755

55,450

37,313

37,305

34,155

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term investments

9,715

60,192

44,616

750

750

1,250

2,000

2,488

21,712

96,949

37,927

19,022

40,129

41,046

73,716

31,145

18,706

64,247

44,396

32,156

53,590

3,938

59,883

54,263

16,029

0

58,813

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

18,251

9,440

10,487

11,534

12,581

13,867

7,292

-

-

0

780

2,986

5,203

7,421

9,638

11,867

14,107

16,713

19,356

21,998

24,639

27,282

3,019

3,543

4,068

4,632

5,195

5,758

6,322

6,887

7,443

7,999

-

609

-

-

-

Goodwill

56,282

47,453

47,500

47,500

47,453

47,453

36,270

25,894

25,894

25,900

25,894

25,894

25,894

25,894

25,894

25,894

25,894

25,894

25,894

25,894

25,894

25,894

8,193

8,193

8,193

8,193

8,193

8,193

8,193

8,193

8,193

8,193

-

0

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,888

Other assets

3,947

2,642

3,116

1,991

2,920

3,437

3,539

3,972

3,813

3,984

3,878

2,741

1,450

1,110

482

467

617

878

4,462

5,011

5,124

4,993

5,227

5,373

5,675

5,978

6,129

6,312

251

227

207

140

1,541

139

783

840

1,226

Total assets

931,385

966,101

868,679

850,694

818,715

818,226

699,761

949,063

934,733

967,190

621,399

597,399

577,831

623,629

551,839

542,522

525,452

558,267

497,097

483,405

471,625

505,655

459,322

446,462

436,518

451,355

412,795

397,195

165,119

171,834

149,277

134,678

130,675

135,362

119,788

117,407

42,894

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

4,511

3,803

6,859

15,843

9,156

11,921

11,294

9,660

10,095

17,637

16,020

13,467

9,489

24,392

13,982

16,495

12,825

18,954

13,614

15,882

12,660

16,737

11,551

12,932

12,293

10,037

7,237

11,052

5,849

4,849

6,465

4,686

5,357

3,834

3,715

3,185

4,554

Accrued expenses

59,247

78,075

63,846

57,685

46,353

70,065

61,346

58,340

48,256

57,528

46,533

41,124

33,403

47,619

40,408

37,310

31,980

44,111

30,416

30,949

22,156

29,476

22,377

21,862

16,603

22,288

17,210

13,522

11,325

14,986

9,771

8,050

5,631

8,039

6,512

5,806

6,556

Deferred revenue, current portion

300,068

339,522

275,543

283,878

290,993

312,526

266,209

277,664

287,875

311,997

259,650

254,279

252,711

272,206

225,827

226,608

226,177

237,679

191,951

177,510

168,352

180,598

148,057

136,147

129,226

135,322

106,799

92,399

87,781

87,759

69,001

57,462

53,003

52,338

38,505

34,833

32,745

Operating lease liabilities, current portion

8,769

7,235

12,530

11,160

9,274

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes, net

-

-

-

-

-

-

0

253,000

250,497

248,025

245,583

243,171

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

33

51

88

141

236

416

557

683

905

1,124

1,300

1,473

1,643

1,438

1,655

1,701

1,617

1,596

1,497

1,369

Debt, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

136

228

351

403

469

503

519

514

496

1,320

916

630

622

456

265

223

223

14

Other liabilities

10,511

11,015

6,919

8,178

6,269

7,645

4,377

5,467

5,570

9,051

4,218

5,551

2,659

2,094

1,359

2,147

2,482

2,663

2,933

2,419

2,594

3,052

2,258

1,288

1,019

4,203

4,245

3,653

3,455

3,885

3,016

703

752

996

549

573

760

Total current liabilities

383,106

439,650

365,697

376,744

362,045

402,157

343,226

604,131

602,293

644,238

572,004

557,592

298,262

346,311

281,576

282,560

273,464

303,440

239,022

226,984

206,131

230,450

185,062

173,255

160,327

173,274

137,129

122,422

111,203

114,038

90,321

73,178

66,900

67,089

51,100

46,117

45,998

Convertible notes, net

294,264

293,174

292,097

291,038

289,994

288,967

287,956

286,961

286,256

285,168

0

0

240,788

238,435

236,110

233,814

231,546

229,305

230,676

228,792

226,932

225,094

223,279

221,485

219,714

217,965

216,236

214,529

-

0

-

-

-

-

-

-

-

Deferred revenue, net of current portion

6,850

6,945

8,647

9,405

11,876

13,275

11,744

12,157

12,415

14,166

13,530

8,587

7,775

10,126

9,240

9,226

10,333

14,460

14,045

12,074

12,504

10,738

5,410

3,565

1,846

3,500

2,413

2,641

2,753

4,493

3,621

3,191

2,834

3,542

1,370

1,071

1,073

Operating lease liabilities, net of current portion

64,252

67,195

70,269

75,150

78,930

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Facility financing obligation

-

-

0

0

0

46,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities, non-current

1,655

655

960

960

305

2,484

2,416

1,642

1,408

1,498

1,830

1,663

1,451

1,794

2,154

2,512

2,822

3,240

3,247

3,411

3,588

3,871

4,036

3,815

3,427

3,111

3,418

3,395

3,688

3,592

3,776

2,837

1,145

806

736

849

981

Capital lease obligations, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

47

121

218

357

583

937

1,227

1,279

1,567

1,447

1,056

1,350

1,387

1,523

Debt, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

162

269

392

534

678

3,170

1,836

1,025

1,186

957

409

371

427

8,705

Preferred stock warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,756

Total liabilities

750,127

807,619

737,670

753,297

743,150

752,983

645,342

904,891

902,372

945,070

587,364

567,842

548,276

596,666

529,080

528,112

518,165

550,445

486,990

471,261

449,155

470,153

417,875

402,329

385,704

398,460

360,087

344,248

121,751

125,186

100,022

81,959

73,283

72,902

54,927

49,851

98,036

Commitments and contingencies (Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders’ equity:
Common stock, $0.0001 par value

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

6

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

1

Additional paid-in capital

716,158

682,717

661,898

637,770

608,168

585,387

580,690

568,231

546,808

536,951

539,171

518,418

495,294

476,230

454,399

434,417

410,947

394,089

377,574

360,029

346,553

336,692

324,638

313,339

303,125

289,307

278,214

266,965

248,708

242,767

237,953

233,519

230,110

226,916

224,414

223,077

597

Accumulated deficit

-538,455

-524,680

-534,112

-542,231

-533,426

-520,626

-526,789

-524,342

-512,335

-515,054

-506,050

-491,195

-469,930

-453,719

-435,101

-422,713

-405,125

-386,882

-368,039

-347,890

-324,628

-301,366

-283,200

-268,889

-252,257

-236,467

-225,712

-214,658

-205,975

-196,041

-188,624

-180,997

-172,757

-164,651

-159,695

-155,418

-97,802

Accumulated other comprehensive income

3,549

439

3,217

1,852

817

476

512

277

-2,118

217

908

2,328

4,185

4,446

3,455

2,700

1,459

610

567

0

540

171

4

-322

-59

50

201

635

630

-83

-79

192

34

190

137

-108

-27

Total stockholders’ equity

181,258

158,482

131,009

97,397

75,565

65,243

54,419

44,172

32,361

22,120

34,035

29,557

29,555

26,963

22,759

14,410

7,287

7,822

10,107

12,144

22,470

35,502

41,447

44,133

50,814

52,895

52,708

52,947

43,368

46,648

49,255

52,719

57,392

62,460

64,861

67,556

-97,231

Total liabilities and stockholders’ equity

931,385

966,101

868,679

850,694

818,715

818,226

699,761

949,063

934,733

967,190

621,399

597,399

577,831

623,629

551,839

542,522

525,452

558,267

497,097

483,405

471,625

505,655

459,322

446,462

436,518

451,355

412,795

397,195

165,119

171,834

149,277

134,678

130,675

135,362

119,788

117,407

42,894