Everbridge, Inc. EVBG Cash Flow

Everbridge, inc. (EVBG)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16
Cash flows from operating activities:
Net loss
-63,501	-52,250	-48,923	-44,452	-49,307	-47,515	-43,474	-39,255	-25,774	-19,634	-16,498	-14,896	-14,263	-11,286	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
22,622	19,671	16,713	15,065	14,760	13,693	12,733	11,307	9,912	10,207	9,713	9,269	8,882	7,742	0	0	0
Amortization of deferred costs
9,306	7,982	7,030	6,566	5,837	5,472	5,735	5,652	5,759	5,947	0	0	0	-	-	-	-
Loss on disposal of assets
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Deferred income taxes
0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Accretion of interest on convertible senior notes
9,946	5,711	4,848	4,766	4,683	4,616	0	0	0	-	-	-	-	-	-	-	-
Provision for credit losses and sales reserve
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts and sales return reserve
-	-	-	-	-	252	207	292	365	637	880	669	380	387	0	0	0
Stock-based compensation
36,014	33,489	29,676	24,870	26,788	25,589	24,387	23,686	14,849	9,218	5,767	3,722	3,354	3,056	0	0	0
Non-cash interest expense on line of credit and term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	67	0	0	0
Non-cash investment income
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Other non-cash adjustments
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
30,656	25,558	12,552	9,637	6,675	2,623	7,952	4,467	7,749	13,067	5,495	3,667	-565	2,295	0	0	0
Prepaid expenses
2,305	3,481	4,657	3,402	4,534	1,952	1,438	1,518	1,131	551	712	636	604	348	0	0	0
Deferred costs
17,786	15,293	9,732	8,485	8,289	8,285	7,296	1,860	1,328	89	0	0	0	-	-	-	-
Other assets
4,464	-1,758	1,506	2,926	-157	4,014	2,891	7,296	8,562	6,643	3,424	-1,031	-1,272	-169	0	0	0
Accounts payable
128	5,312	6,168	2,313	2,147	-1,263	-1,023	433	616	-90	146	-787	-1,016	-423	0	0	0
Accrued payroll and employee related liabilities
6,564	4,548	4,551	1,517	1,489	4,686	3,442	3,401	7,110	3,596	2,017	1,549	936	1,312	0	0	0
Accrued expenses
1,489	-1,308	623	-987	-2,151	298	-699	141	1,158	-132	180	1,205	631	539	0	0	0
Deferred revenue
32,055	29,704	18,300	13,626	18,003	13,164	15,814	14,571	15,122	16,378	11,178	11,797	10,340	11,982	0	0	0
Other liabilities
1,955	-1,353	1,863	2,187	1,592	1,688	-161	-502	235	-151	415	287	-81	-70	0	0	0
Net cash provided by operating activities
2,431	10,317	12,925	1,258	4,474	3,295	-292	5,770	10,912	4,863	7,347	8,835	9,566	9,503	0	0	0
Cash flows from investing activities:
Capital expenditures
3,020	5,269	5,283	5,182	4,241	1,721	1,185	1,576	1,697	1,667	1,568	1,129	990	970	0	0	0
Payments for acquisition of business, net of acquired cash
0	-	-	-	-	-	-	-	-	21,235	0	0	0	-	-	-	-
Additions to capitalized software development costs
7,805	7,819	7,644	8,410	8,518	8,499	8,296	7,154	6,672	6,160	5,786	5,498	5,369	5,494	0	0	0
Purchase of cost investment
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Purchase of short-term investments
-	1,975	31,470	58,247	58,247	87,204	0	0	0	-	-	-	-	-	-	-	-
Maturities of short-term investments
-	47,765	58,765	58,689	84,319	85,069	0	0	0	-	-	-	-	-	-	-	-
Purchase of intangibles
-	-	-	-	-	201	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-80,027	-24,574	-42,925	-18,804	-22,301	-48,413	-47,911	-34,626	-56,155	-70,972	-54,306	-42,744	-30,150	-9,020	0	0	0
Cash flows from financing activities:
Principal payments on capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	58	0	0	0
Payments of public offering costs
-	-	-	-	-	-	-	-	-	-	1,460	1,588	1,159	1,960	0	0	0
Payment on note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	2,018	0	0	0
Proceeds from public offering, net of costs
-	139,110	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	9,500	0	0	0
Payments on line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	19,500	0	0	0
Payments of debt issuance costs
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Restricted stock units withheld to settle employee tax withholding liability
-	-	-	-	-	7,925	0	0	0	-	-	-	-	-	-	-	-
Proceeds from employee stock purchase plan
2,764	2,337	2,402	2,225	2,225	1,823	1,758	1,567	1,567	1,540	0	0	0	-	-	-	-
Proceeds from stock option exercises
11,700	17,400	17,201	17,852	17,434	10,200	9,634	7,620	4,354	2,900	2,089	1,680	704	750	0	0	0
Other
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
349,631	494,101	153,266	153,553	150,496	3,099	101,089	99,220	109,148	108,475	8,823	65,646	55,129	51,470	0	0	0
Effect of exchange rates on cash, cash equivalents and restricted cash
-888	-250	-445	-351	-953	-964	-517	-598	49	-80	-235	48	39	234	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
271,147	479,594	122,821	135,656	131,716	-42,983	52,369	69,766	63,954	42,286	-38,371	31,785	34,584	52,187	0	0	0
Supplemental disclosures of cash flow information:
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	495	0	0	0
Taxes, net of refunds received
0	-	-	-	-	113	46	66	33	28	0	0	0	-	-	-	-
Supplemental disclosure of non-cash activities:
Capitalized assets included in accounts payable and accrued expenses
-327	136	1,453	1,741	2,260	1,609	327	-1,177	-84	73	-4	1,332	212	104	0	0	0
Capitalized development costs included in accounts payable and accrued expenses
68	71	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs included in accounts payable and other assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Deferred offering costs in accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Common stock issued in connection with acquisitions
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration in connection with acquisitions
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase accounting payable, net
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation capitalized for software development
494	500	406	370	192	236	297	260	176	81	41	42	44	45	0	0	0