| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||
Net income (loss) | ||||||||
3,482 | -7,601 | -16,557 | -8,007 | -20,951 | -34,514 | -20,628 | -4,933 | -3,864 |
Adjustments to reconcile net income (loss) to cash and cash equivalents provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
6,336 | 6,094 | 6,578 | 7,838 | 8,793 | 6,264 | 3,722 | - | - |
Depreciation and amortization | ||||||||
- | - | - | - | - | - | - | 2,903 | 2,061 |
Loss on extinguishment of debt | ||||||||
- | - | - | - | - | - | -3,112 | 0 | 0 |
Bad debt expense | ||||||||
1,147 | 991 | 727 | 528 | 1,236 | 1,315 | 527 | 162 | 71 |
Change in fair value of preferred stock warrants | ||||||||
- | - | - | - | - | - | 1,052 | 5 | 261 |
Accretion of debt discount | ||||||||
- | - | - | - | - | - | -547 | -372 | -9 |
Stock-based compensation expense | ||||||||
8,976 | 10,598 | 11,947 | 13,262 | 11,837 | 7,981 | 2,099 | 638 | 200 |
Deferred income taxes | ||||||||
531 | 493 | 130 | -5,649 | -244 | 22 | - | - | 49 |
Other items, net | ||||||||
-118 | 851 | 869 | 875 | 85 | -120 | -5 | -66 | - |
Change in lease incentive obligation | ||||||||
- | - | - | - | - | - | - | - | 114 |
Amortization of debt issuance costs | ||||||||
- | - | - | - | - | - | - | - | 29 |
Change in deferred rent | ||||||||
- | - | - | - | - | - | - | - | 302 |
Gain on disposal of furniture and equipment | ||||||||
- | - | - | - | - | - | - | - | 1 |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
-361 | -2,634 | 8,261 | 1,885 | 5,833 | 1,407 | 4,917 | 1,966 | 1,537 |
Prepaid expenses and other assets | ||||||||
-892 | -10,303 | 5,514 | 2,014 | 2,921 | 1,054 | 1,026 | 1,102 | 809 |
Deferred contract costs | ||||||||
3,146 | - | - | - | - | - | - | - | - |
Deferred contract costs | ||||||||
- | 6,730 | 0 | 0 | - | - | - | - | - |
Restricted cash | ||||||||
- | - | - | - | - | - | 1 | -199 | - |
Restricted cash | ||||||||
- | - | - | - | - | - | - | - | 0 |
Accounts payable and accrued expenses | ||||||||
-2,306 | -10,936 | 5,242 | 3,697 | 3,608 | -2,709 | 5,723 | 925 | 1,365 |
Deferred revenue | ||||||||
-3,383 | -3,765 | 3,581 | 4,676 | - | - | - | - | - |
Deferred revenue | ||||||||
- | - | - | - | 3,101 | 2,447 | 4,471 | 3,922 | 1,911 |
Cash and cash equivalents provided by operating activities | ||||||||
13,008 | 1,230 | -2,996 | 11,571 | -1,459 | -21,535 | -5,314 | 1,191 | 161 |
Cash flows from investing activities | ||||||||
Purchases of property and equipment | ||||||||
986 | 2,045 | 2,790 | 1,755 | 4,062 | 5,971 | 3,711 | 1,930 | 1,723 |
Payment of software development costs | ||||||||
2,721 | 894 | 293 | 208 | 190 | 846 | 1,507 | 164 | 0 |
Acquisition, net of cash acquired | ||||||||
0 | 0 | 2,177 | 0 | 0 | 8,034 | 0 | 0 | - |
Cash and cash equivalents used in investing activities | ||||||||
-3,707 | -2,939 | -5,260 | -1,963 | -4,252 | -14,851 | -5,218 | -2,094 | -1,723 |
Cash flows from financing activities | ||||||||
Proceeds from issuance of common stock, net of underwriting discounts and commissions | ||||||||
- | - | - | - | - | - | 118,463 | 0 | 0 |
Proceeds from issuance of debt, net of debt issuance costs | ||||||||
- | - | - | - | - | - | - | 9,873 | 1,000 |
Repayment of capital leases | ||||||||
- | - | - | - | -1,745 | -1,699 | -14,230 | -1,548 | -1,541 |
Repayment of finance leases | ||||||||
2,209 | 2,241 | 2,840 | 2,096 | - | - | - | - | - |
Payment of debt extinguishment costs | ||||||||
- | - | - | - | - | - | 1,200 | 0 | 0 |
Payment of deferred offering costs | ||||||||
- | - | - | - | - | - | 2,909 | 1,548 | 0 |
Proceeds from exercise of common stock warrants | ||||||||
- | - | - | - | - | - | 1,592 | 0 | 0 |
Proceeds from exercise of stock options | ||||||||
974 | 1,106 | 1,428 | 930 | 892 | 2,060 | 2,448 | 222 | 98 |
Payment of contingent consideration | ||||||||
- | - | - | -338 | 0 | 0 | - | - | - |
Payment of statutory tax withholding related to net-share settlement of restricted stock units | ||||||||
3,389 | 2,959 | 2,727 | 2,394 | 739 | 0 | 0 | - | - |
Repurchase and retirement of common stock | ||||||||
- | - | - | - | - | - | - | 193 | 0 |
Cash and cash equivalents provided by financing activities | ||||||||
-4,624 | -4,094 | -4,139 | -3,898 | -1,592 | 361 | 104,164 | 6,806 | -443 |
Effect of currency exchange rate changes on cash and cash equivalents | ||||||||
-77 | -434 | 397 | -764 | -589 | -15 | -91 | -36 | 64 |
Net increase (decrease) in cash and cash equivalents | ||||||||
4,600 | -6,237 | -11,998 | 4,946 | -7,892 | -36,040 | 93,541 | 5,867 | -1,941 |
Supplemental disclosure of cash flow information | ||||||||
Cash paid for interest | ||||||||
215 | 30 | 111 | 127 | - | - | - | - | - |
Cash paid for interest | ||||||||
- | - | - | - | 155 | 273 | 1,334 | 614 | 376 |
Cash paid for income taxes, net | ||||||||
62 | 113 | 196 | 115 | 170 | 53 | 92 | 64 | 18 |
Supplemental disclosure of noncash investing and financing activities | ||||||||
Conversion of redeemable convertible preferred stock to common stock | ||||||||
- | - | - | - | - | - | 91,150 | 0 | 0 |
Conversion of preferred stock warrants to common stock warrants | ||||||||
- | - | - | - | - | - | 3,632 | 0 | 0 |
Accretion of issuance costs on Preferred Stock | ||||||||
- | - | - | - | - | - | - | - | 50 |
Deferred offering costs included in accounts payable and accrued expenses | ||||||||
- | - | - | - | - | - | 73 | 743 | 0 |
Accrued capital expenditures | ||||||||
15 | 68 | 80 | 233 | 563 | 0 | 627 | 0 | 433 |
Finance lease obligations entered into for the purchase of fixed assets | ||||||||
46 | 4,217 | 567 | 1,771 | 2,207 | 2,431 | 1,454 | 2,014 | 98 |
Other acquisition consideration | ||||||||
- | - | - | - | - | 200 | 0 | 0 | - |
Non-cash leasehold improvements | ||||||||
- | - | - | - | 5,263 | 0 | 0 | - | - |