Five9, inc. (FIVN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash flows from operating activities:
Net loss

-4,552

-221

-8,969

-11,860

-25,838

-37,786

-31,314

-19,334

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

14,374

10,274

8,314

8,390

7,388

6,463

4,415

2,624

Amortization of operating lease right-of-use assets

4,735

-

-

-

-

-

-

-

Amortization of premium on marketable investments

1,108

670

0

0

-

-

-

0

Provision for doubtful accounts

90

90

95

75

171

76

89

214

Stock-based compensation

42,065

28,484

15,343

9,643

7,730

6,753

1,949

464

Changes in fair value of convertible preferred and common stock warrant liabilities

-

-

-

-

-

-1,745

1,871

1,674

Loss on extinguishment of debt

-

-

-

-1,026

0

0

-

-

Reversal of interest and penalties on accrued federal fees

0

0

-2,133

0

0

-

-

-

Gain on sale of convertible note held for investment

217

312

0

0

-

-

-

-

Loss (gain) on disposal of property and equipment

-

-

-

-

-

-1

5

-7

Amortization of debt discount and issuance costs

-

-

-

-

350

293

6

22

Reversal of accrued federal fees

-

-

-

-3,114

0

0

-

-

Non-cash adjustment on investment

-

-

-

0

0

-

-

-

Accretion of interest

-

-

-

20

0

0

-

-

Others

-448

-160

313

10

-46

7

0

-

Changes in operating assets and liabilities:
Accounts receivable

12,935

5,829

5,163

3,389

2,410

1,390

1,574

2,125

Prepaid expenses and other current assets

2,671

2,806

1,912

859

224

216

322

350

Deferred contract acquisition costs

12,783

7,748

0

0

-

-

-

-

Other assets

348

-193

33

-203

312

128

136

-18

Accounts payable

2,549

2,418

813

811

-1,610

300

196

1,988

Accrued and other current liabilities

-544

1,865

1,061

2,262

426

1,863

1,429

250

Accrued federal fees and sales tax liability

1,010

495

90

-182

441

440

2,325

4,353

Deferred revenue

8,695

3,956

3,882

3,680

1,038

1,012

106

1,354

Other liabilities

-375

392

31

-99

-135

-208

6

540

Net cash provided by operating activities

51,221

38,622

11,106

6,838

-12,939

-24,279

-20,959

-8,301

Cash flows from investing activities:
Purchases of marketable investments

359,470

220,704

0

0

-

-

-

-

Purchase of short-term investments

-

-

-

-

20,000

49,992

0

2,490

Proceeds from maturities of marketable investments

328,740

11,293

0

0

40,000

30,000

2,490

-

Purchases of property and equipment

19,228

9,261

2,650

1,131

1,116

1,025

554

2,680

Cash paid to acquire substantially all of the assets of Whendu, LLC

13,890

0

0

1,206

0

0

-

-

Proceeds from sale of convertible note held for investment

217

1,923

0

0

-

-

-

-

Cash paid to acquire Face It, Corp., net of cash acquired of $128

-

-

-

-

-

-

2,836

0

Increase in restricted cash

-

-

-

60

-806

25

121

0

Proceeds from maturity of short-term investments

-

-

-

-

-

-

-

3,581

Net cash provided by investing activities

-63,631

-216,749

-2,650

-2,397

19,690

-21,042

-1,021

-1,589

Cash flows from financing activities:
Proceeds from issuance of convertible senior notes, net of issuance costs paid $8,039

0

250,711

0

0

-

-

-

-

Payments for capped call transactions

0

31,412

0

0

-

-

-

-

Net proceeds from IPO, net of payments for offering costs

-

-

-

-

-

71,459

0

0

Payments for deferred offering costs

-

-

-

-

-

-

821

12

Net proceeds from issuance of convertible preferred stock

-

-

-

-

-

-

21,794

11,875

Proceeds from exercise of common stock options

7,705

7,779

6,035

4,286

1,266

1,212

702

120

Proceeds from sale of common stock under ESPP

7,823

5,730

4,101

1,979

1,369

660

0

0

Payments of employee taxes related to vested common stock

0

260

0

0

-

-

-

-

Proceeds from equipment financing

-

-

-

-

-

-

-

1,418

Proceeds from revolving line of credit

-

-

-

32,594

0

0

18,500

0

Repayments on revolving line of credit

0

32,594

0

12,500

0

0

6,000

0

Proceeds from notes payable

-

-

-

-

-

19,536

5,000

0

Repayments of notes payable

0

318

699

24,351

3,447

1,556

810

743

Payments of finance leases

7,054

8,544

7,068

6,237

5,744

5,449

4,598

2,185

Payment of prepayment penalty and related fees

-

-

-

368

0

0

-

-

Payments for debt issuance costs

-

-

-

206

0

0

-

-

Net cash provided by (used in) financing activities

8,474

191,092

2,369

-4,803

-6,556

85,862

33,767

10,473

Net increase in cash and cash equivalents

-3,936

12,965

10,825

-362

195

40,541

11,787

583

Cash and cash equivalents:
Supplemental disclosures of cash flow data:
Cash paid for interest

1,029

2,288

3,311

4,234

4,340

3,869

1,088

501

Cash paid for income taxes

281

159

121

115

186

46

132

89

Non-cash investing and financing activities:
Equipment obtained under finance lease

0

5,142

10,261

8,202

6,284

5,886

4,747

5,455

Equipment purchased and unpaid at period-end

2,890

1,583

145

163

151

11

10

933

Capitalization of leasehold improvement through non-cash lease incentive

79

0

142

0

0

-

-

-

Acquisition and related transaction costs accrued at period-end

1,895

0

0

-

-

-

-

-

Reclass of deferred IPO costs to additional paid-in capital

-

-

-

-

-

2,179

0

0

Net cashless exercise of preferred stock warrants to Series A-2 convertible preferred stock

-

-

-

-

-

509

0

0

Vesting of early exercised stock options

-

-

-

-

-

200

0

0

Reclass of warrants liabilities to additional paid-in capital upon IPO

-

-

-

-

-

2,647

0

0

Conversion of convertible preferred stock to common stock upon IPO

-

-

-

-

-

54,243

0

0

Conversion of accrued federal fees to note payable, net

-

-

-

-

1,675

0

4,075

0

Line of Credit
Amortization of debt discount and issuance costs

-

-

-

241

-

-

-

-

Convertible debt
Amortization of debt discount and issuance costs

12,788

7,881

0

0

-

-

-

-