| 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 | ||||||||
-29,136 | -2,834 | -4,060 | 4,064 | 34,708 | 1,447 | 344 | -23,572 | -3,839 |
Adjustments to reconcile net loss to net cash used in operating activities, excluding the impact of acquisitions: | ||||||||
Depreciation and amortization | ||||||||
3,164 | 4,202 | 1,708 | - | - | - | - | - | - |
Share-based compensation expense | ||||||||
1,022 | 1,286 | 1,593 | 1,512 | 1,469 | 1,419 | 1,201 | 1,034 | 1,139 |
Depreciation and amortization | ||||||||
- | - | - | 1,142 | 1,552 | 1,957 | 2,885 | 4,023 | 2,694 |
Provision for doubtful accounts | ||||||||
- | 104 | 67 | - | -100 | - | - | - | - |
Provision for doubtful accounts | ||||||||
- | - | - | - | - | 50 | 295 | -113 | -113 |
Deferred income taxes | ||||||||
20,423 | 5,001 | 3,137 | 3,102 | -30,358 | -28 | 58 | - | - |
Change in fair value of contingent earnout consideration | ||||||||
-252 | -725 | - | - | - | - | - | - | - |
Amortization of marketable securities discounts (premiums), net | ||||||||
- | - | - | - | - | - | - | 115 | -184 |
Excess tax benefits from stock options | ||||||||
- | 732 | 295 | 43 | -31 | - | - | 1 | - |
Lease abandonment | ||||||||
- | - | - | 400 | - | - | 2,230 | - | - |
Loss on sale of marketable securities | ||||||||
- | - | - | - | - | - | - | -4 | -7 |
(Gain) loss on disposal of fixed assets | ||||||||
-30 | 13 | 10 | 0 | -9 | 0 | -11 | 0 | -34 |
Accretion of contingent earnout consideration | ||||||||
-295 | -2,182 | -1,710 | - | - | 231 | -144 | - | - |
Deferred income taxes | ||||||||
- | - | - | - | - | - | - | 21,108 | -1,156 |
Fair value adjustment of contingent earnout consideration | ||||||||
- | - | - | - | - | - | - | -400 | - |
Changes in operating accounts, net of acquisition: | ||||||||
Accounts receivable | ||||||||
-3,337 | -1,960 | -1,548 | 4,839 | 1,508 | -5,046 | 3,558 | 1,398 | -2,859 |
Prepaid expenses and other current assets | ||||||||
867 | 504 | 286 | 119 | -476 | 660 | -274 | -608 | 814 |
Other assets | ||||||||
-11 | -3 | 8 | -44 | 5 | 11 | 63 | 74 | 42 |
Accounts payable | ||||||||
133 | 48 | 100 | -364 | 87 | -1,265 | 1,254 | - | - |
Accrued liabilities and other liabilities | ||||||||
-1,455 | -3,659 | -1,697 | 1,867 | -374 | -188 | - | - | - |
Accrued expenses and other liabilities | ||||||||
- | - | - | - | - | - | 1,718 | - | - |
Deferred revenue | ||||||||
329 | -617 | -246 | -198 | -1,254 | 1,400 | -370 | - | - |
Net cash used in operating activities | ||||||||
-2,966 | 5,702 | 3,261 | 5,768 | 4,733 | 8,836 | - | - | - |
Net cash used to acquire Branchbird | ||||||||
- | - | - | - | - | - | - | 1,586 | - |
Accounts payable and accrued liabilities | ||||||||
- | - | - | - | - | - | - | -2,335 | -398 |
Accrued payroll and related liabilities | ||||||||
- | - | - | - | - | - | - | 1,234 | -1,255 |
Deferred revenue | ||||||||
- | - | - | - | - | - | - | -331 | 231 |
Net cash used in operating activities | ||||||||
- | - | - | - | - | - | 5,833 | 698 | -243 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
Decrease in restricted cash | ||||||||
- | - | - | - | - | - | - | -702 | - |
Redemptions of marketable securities | ||||||||
- | - | - | - | - | - | - | 6,877 | 21,463 |
Purchases of marketable securities | ||||||||
- | - | - | - | - | - | - | - | 17,472 |
Purchase of Fullscope Inc., net of cash acquired | ||||||||
- | - | - | - | - | - | 2,713 | 1,415 | 10,942 |
Acquisition of intellectual property | ||||||||
- | - | - | - | 200 | - | - | - | - |
Purchase of Lynx Business Intelligence Consulting, Inc., including payment under earnouts | ||||||||
- | - | - | - | - | - | - | - | 140 |
Capitalization of product development costs | ||||||||
- | - | - | 40 | 296 | 235 | 267 | 112 | - |
Purchases of property and equipment | ||||||||
176 | 377 | 333 | 220 | 311 | 357 | 518 | 368 | 32 |
Net cash used in investing activities | ||||||||
-176 | -470 | -24,467 | -260 | -807 | -592 | - | - | - |
Net cash used in investing activities | ||||||||
- | - | - | - | - | - | -3,498 | 4,098 | -7,123 |
CASH FLOW FROM FINANCING ACTIVITIES: | ||||||||
Payments on capital leases | ||||||||
- | - | - | - | - | 52 | 148 | 220 | 215 |
Proceeds from employee stock plans and stock option exercises | ||||||||
5,219 | 3,964 | 1,488 | 1,900 | 1,278 | 763 | 483 | 441 | 431 |
Borrowings under revolving credit facility | ||||||||
- | - | 5,000 | - | - | - | - | - | - |
Excess tax benefits from stock options | ||||||||
- | 732 | 295 | 43 | -31 | - | - | - | - |
Purchase of treasury stock | ||||||||
1,286 | - | 332 | 967 | 1,513 | 2,643 | 3,229 | - | 579 |
Payment of contingent earnout consideration | ||||||||
5,189 | 2,214 | - | - | - | - | - | - | - |
Excess tax benefit from stock options | ||||||||
- | - | - | - | - | - | - | 1 | - |
Net cash provided by financing activities | ||||||||
-1,256 | 2,482 | 6,451 | 976 | -266 | -1,932 | - | - | - |
Net cash provided by (used in) financing activities | ||||||||
- | - | - | - | - | - | -2,894 | 222 | -363 |
Effects of exchange rates on cash | ||||||||
103 | -2 | -32 | -37 | 10 | 6 | -11 | -4 | - |
Net decrease in cash and cash equivalents | ||||||||
-4,295 | 7,712 | -14,787 | 6,447 | 3,670 | 6,318 | -570 | 5,014 | -7,729 |
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||||||||
Cash paid for interest | ||||||||
142 | 102 | 18 | 16 | - | - | 10 | 23 | 36 |
Cash paid for income taxes | ||||||||
606 | 220 | 208 | 606 | 266 | 549 | 450 | 1,933 | 428 |
Goodwill adjustment | ||||||||
- | - | - | - | - | - | - | - | 1,800 |
Unrealized gain on available for sale securities | ||||||||
- | - | - | - | - | - | - | - | 6 |
Initial fair value estimate of contingent earnout consideration | ||||||||
- | - | - | - | - | - | - | 1,200 | 1,200 |
Issuance of restricted stock awards | ||||||||
108 | - | 728 | 678 | 1,051 | - | -120 | 232 | -140 |
Change in fair value of contingent earnout considerations | ||||||||
-295 | -2,182 | -1,710 | - | - | 231 | -144 | - | - |