Cornerstone OnDemand, Inc. CSOD Cash Flow

Cornerstone ondemand, inc. (CSOD)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Cash flows from operating activities
Net loss
-4,054	-33,842	-61,335	-66,837	-85,516	-64,899	-40,426	-31,390	-63,900	-48,370	-8,392
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
41,599	35,260	35,377	32,392	27,512	15,086	9,700	7,037	3,714	2,636	1,286
Accretion of debt discount and amortization of debt issuance costs
4,207	8,929	9,833	9,130	8,691	8,274	4,273	143	579	-	-
Amortization (accretion) of purchased investment premium or discount, net
957	160	-1,135	-240	-262	-816	2,031	0	0	-	-
Change in fair value of preferred stock warrant liabilities
-	-	-	-	-	-	-	-	-42,559	-34,073	-2,147
Non-cash interest expense
-	-	-	-	-	-	-	-	-	331	118
Net foreign currency and other loss
629	440	2,461	7	-1,584	-1,656	-242	182	-460	49	-
Charges related to the issuance of common stock warrants to a distributor
-	-	-	-	-	-	-	-	2,500	2,877	0
Stock-based compensation expense
72,430	66,557	65,924	54,699	43,081	33,680	20,840	12,207	4,502	907	331
Write-off of capitalized software
0	0	1,339	0	0	-	-	-	-	-	-
Deferred income taxes
-61	-123	-52	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-47	-
Withdrawn secondary offering expense
-	-	-	-	-	-	-	-	555	0	-
Non-cash charitable contribution of common stock
-	-	-	-	-	-	-	-	-193	0	-
Deferred Income Tax Expense (Benefit)
-	-	-	-736	-105	-7	-865	-965	0	0	-
Changes in operating assets and liabilities:
Accounts receivable
5,554	-27,199	14,317	38,092	21,837	18,674	19,046	12,254	13,308	8,751	3,272
Deferred commissions
27,241	15,316	5,249	2,543	10,296	10,097	7,085	5,691	1,274	885	881
Prepaid expenses and other assets
-12,834	11,443	2,704	3,623	2,575	-1,245	6,057	4,188	1,804	970	282
Accounts payable
-8,759	-5,496	-6,820	5,939	4,444	4,562	5,082	190	915	2,215	468
Accrued expenses
8,428	9,291	8,530	3,727	14,724	6,446	6,828	6,325	3,314	1,124	1,674
Deferred revenue
19,635	10,803	35,829	43,379	64,774	55,216	45,230	35,327	22,161	14,311	5,146
Other liabilities
3,549	-1,212	2,377	-2,416	-947	-295	746	3,735	666	670	24
Net cash provided by operating activities
115,549	90,253	67,510	35,252	43,796	33,009	17,431	10,294	1,832	166	-1,633
Cash flows from investing activities
Purchases of marketable investments
282,426	125,109	321,913	210,534	220,383	124,191	203,959	0	34,079	0	-
Purchases of non-marketable investments
9,000	0	1,500	-	-	-	-	-	-	-	-
Purchases of intangible assets
-	-	-	-	-	-	-	-	-	192	28
Maturities and sales of investments
236,401	185,733	314,418	151,533	138,360	203,078	6,182	0	34,000	0	-
Capital expenditures
18,034	14,895	7,100	6,228	15,633	11,025	8,762	2,123	784	818	76
Capitalized software costs
24,668	25,515	20,571	16,409	13,283	9,529	6,906	5,030	3,022	1,888	1,495
Cash paid for acquisition, net of cash acquired
0	41,090	0	0	-	43,328	0	12,428	0	0	-
Net cash provided by investing activities
-97,727	-20,876	-36,666	-81,638	-110,939	15,005	-213,445	-19,581	-3,885	-2,898	-1,599
Cash flows from financing activities
Payments of debt issuance costs and proceeds from convertible notes
0	-152	285,077	0	0	-	245,664	0	0	-	-
Payments for convertible note hedges
-	-	-	-	-	-	49,537	0	0	-	-
Proceeds from the issuance of warrants
-	-	-	-	-	-	23,225	0	0	-	-
Proceeds from initial public offering, net of underwriting discounts and commissions
-	-	-	-	-	-	-	-	90,539	0	-
Payments of initial public offering costs
-	-	-	-	-	-	-	-	3,436	250	-
Proceeds from issuance of preferred stock upon warrant exercises
-	-	-	-	-	-	-	-	3,163	0	-
Payments of withdrawn secondary offering costs
-	-	-	-	-	-	-	-	-555	0	-
Proceeds from the issuance of debt
-	-	-	-	-	-	1,914	1,043	669	20,700	3,947
Proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	-	8,700
Repayment of debt
0	253,000	0	0	352	559	4,038	1,510	9,207	18,355	4,300
Principal payments under capital lease obligations
-	-	-	33	202	886	1,747	1,919	1,977	1,265	322
Proceeds from employee stock plans
42,600	54,402	12,509	23,548	11,559	12,285	13,447	2,698	1,491	908	-
Repurchases of common stock
22,356	79,266	20,734	0	0	-	-	-	-	-	-
Proceeds from stock option and warrant exercises
-	-	-	-	-	-	-	-	-	-	10
Payment of tax withholdings for employee stock plans
5,469	0	0	-	-	-	-	-	48	0	-
Net cash provided by financing activities
14,775	-278,016	276,852	23,515	11,005	10,840	228,928	312	80,639	1,738	8,003
Effect of exchange rate changes on cash and cash equivalents
-286	-1,341	2,580	-1,520	-2,728	-1,880	227	8	-244	0	-
Net increase in cash and cash equivalents
32,311	-209,980	310,276	-24,391	-58,866	56,974	33,141	-8,967	78,342	-994	4,771
Supplemental cash flow data
Cash paid for interest
17,356	13,628	3,841	3,796	1,915	3,880	2,294	341	543	909	573
Cash paid for income taxes
1,704	1,859	2,243	2,334	1,520	546	485	103	104	44	-
Proceeds from employee stock plans received in advance of stock issuance
-	-	-	489	193	0	0	-	-	-	-
Non-cash investing and financing activities:
Assets acquired under capital leases and other financing arrangements
1,276	47,070	3,467	0	0	-	88	3,722	1,131	2,305	1,496
Conversion of convertible preferred stock to common stock
-	-	-	-	-	-	-	-	132,775	0	-
Common stock issued for business acquisition
-	-	-	-	-	-	-	335	0	0	-
Capitalized assets financed by accounts payable and accrued expenses
490	1,566	1,829	2,080	705	2,925	1,175	693	25	362	3
Capitalized stock-based compensation
4,847	5,042	4,998	4,252	2,833	1,563	941	556	234	58	15
Deferred debt issuance costs included in accrued expenses
-	-	-	0	0	-	-	-	-	-	-
Unsettled share repurchase in other liabilities
-	-	-	0	0	-	-	-	-	-	-
Capitalized patent license acquired under installment obligations
-	-	-	-	-	-	-	-	-	688	-
Deferred offering costs included in accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	2,638	-