Five9, inc. (FIVN)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Cash flows from operating activities:
Net loss

-10,065

-4,552

-1,655

-1,356

-1,538

-221

-4,585

-2,356

-4,321

-8,969

-7,929

-12,743

-12,204

-11,860

-15,787

-17,945

-21,846

-25,838

-31,692

-37,079

-38,369

-37,786

-37,046

-33,346

-32,977

-31,314

0

0

0

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

16,152

14,374

12,888

12,058

11,146

10,274

9,504

8,718

8,539

8,314

8,334

8,592

8,382

8,390

8,165

7,866

7,716

7,388

7,130

6,857

6,646

6,463

6,371

5,867

5,049

4,415

0

0

0

Amortization of operating lease right-of-use assets

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of premium on marketable investments

510

1,108

1,389

1,510

1,091

670

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

331

90

87

54

56

90

110

116

119

95

83

79

74

75

72

78

83

171

190

171

169

76

103

109

102

89

0

0

0

Stock-based compensation

47,173

42,065

37,690

35,484

31,845

28,484

25,631

20,482

17,539

15,343

13,419

12,218

10,778

9,643

8,647

8,073

7,489

7,730

7,967

7,899

7,792

6,753

5,719

4,300

2,881

1,949

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,745

-1,051

-429

356

1,871

0

0

0

Gain on sale of convertible note held for investment

0

217

217

217

217

312

312

312

312

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

-

-10

-10

-11

-1

9

9

9

5

0

0

0

Non-cash adjustment on investment

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount and issuance costs

0

-

0

0

0

-

0

0

0

-

-

-

170

-

311

357

357

350

343

335

326

293

0

0

0

-

-

-

0

Accretion of interest

-

-

-

-

-

-

-

-

-

-

25

30

25

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Others

-612

-448

-88

-112

-157

-160

189

274

319

313

51

17

14

10

3

-40

-43

-46

-38

6

8

7

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

14,509

12,935

7,575

8,093

7,394

5,829

6,688

3,851

3,049

5,163

4,412

5,570

2,994

3,389

3,644

2,598

3,890

2,410

1,795

1,321

2,244

1,390

2,505

1,494

1,086

1,574

0

0

0

Prepaid expenses and other current assets

3,704

2,671

3,223

3,719

2,694

2,806

2,806

946

1,616

1,912

793

3,759

1,273

859

1,194

-838

728

224

192

1,414

462

216

758

914

93

322

0

0

0

Deferred contract acquisition costs

15,007

12,783

11,689

9,898

8,557

7,748

5,094

3,338

1,662

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-5,365

348

139

12,382

7,562

-193

36

195

153

33

-299

-307

-263

-203

159

163

248

312

267

160

157

128

0

-1

35

136

0

0

0

Accounts payable

876

2,549

2,211

1,084

1,789

2,418

-289

1,119

2,089

813

1,181

1,641

-109

811

758

141

844

-1,610

-11

-586

-1,108

300

-516

-889

-1,207

196

0

0

0

Accrued and other current liabilities

-3,466

-544

2,812

5,966

6,798

1,865

1,862

2,567

733

1,061

1,287

1,782

3,446

2,262

2,387

-220

1,238

426

93

1,913

2,111

1,863

3,007

2,573

1,532

1,429

0

0

0

Accrued federal fees and sales tax liability

728

1,010

362

-88

185

495

361

165

-14

90

3

-23

-286

-182

190

288

-426

441

1,388

3,413

877

440

-50

-1,693

1,565

2,325

0

0

0

Deferred revenue

11,657

8,695

4,437

5,325

4,251

3,956

4,116

3,027

3,094

3,882

4,907

4,170

2,930

3,680

3,295

2,410

2,411

1,038

538

541

716

1,012

447

527

807

106

0

0

0

Other liabilities

-3,356

-375

434

5,543

2,671

392

-175

-19

332

31

107

265

-51

-99

-127

-130

-168

-135

-133

-164

-152

-208

-219

-269

-238

6

0

0

0

Net cash provided by operating activities

50,425

51,221

51,125

42,892

41,815

38,622

26,032

24,571

18,944

11,106

11,060

4,824

6,945

6,838

3,938

-972

-7,134

-12,939

-16,393

-19,591

-23,852

-24,279

-26,296

-25,533

-23,296

-20,959

0

0

0

Cash flows from investing activities:
Purchases of marketable investments

387,382

359,470

291,152

262,506

255,131

220,704

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

39,999

39,999

69,992

49,992

0

0

0

-

-

-

-

Proceeds from maturities of marketable investments

423,853

328,740

292,527

175,247

50,790

11,293

0

0

0

-

-

-

-

-

-

-

-

40,000

0

0

0

-

-

-

-

-

-

-

-

Purchases of property and equipment

21,288

19,228

17,534

16,395

12,813

9,261

5,344

2,564

2,569

2,650

1,967

1,741

1,393

1,131

1,400

1,270

1,170

1,116

1,236

1,103

1,152

1,025

731

765

510

554

0

0

0

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

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of convertible note held for investment

0

217

217

217

217

1,923

1,923

1,923

1,923

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-806

-806

-806

-660

25

0

0

0

-

-

-

0

Proceeds from maturity of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Net cash provided by investing activities

1,193

-63,631

-15,942

-103,437

-216,937

-216,749

-203,327

-108,747

-646

-2,650

-3,173

-2,947

-2,659

-2,397

-1,460

-1,330

18,976

19,690

29,571

29,704

-20,484

-21,042

-33,706

-33,740

-1,251

-1,021

0

0

0

Cash flows from financing activities:
Payments for deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,611

821

0

0

0

Proceeds from exercise of common stock options

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Proceeds from revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,500

0

0

0

Proceeds from notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,536

0

0

0

-

-

-

0

Repayments of notes payable

-

-

-

-

-

318

470

617

598

699

1,032

21,188

23,001

24,351

24,691

5,438

4,274

3,447

3,395

2,609

2,073

1,556

1,061

1,007

890

810

0

0

0

Payments of finance leases

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of finance leases

-

-

-

-

-

-

-

-

-

7,068

7,327

6,922

6,781

6,237

5,853

5,705

5,363

5,744

5,950

5,919

5,854

5,449

5,314

5,138

5,216

4,598

0

0

0

Net cash provided by (used in) financing activities

10,753

8,474

5,771

4,852

187,938

191,092

193,550

193,189

5,926

2,369

-1,856

-2,366

-5,601

-4,803

-4,646

-5,393

-4,721

-6,556

-7,166

-6,357

65,744

85,862

103,381

103,108

48,309

33,767

0

0

0

Net increase in cash and cash equivalents

62,371

-3,936

40,954

-55,693

12,816

12,965

16,255

109,013

24,224

10,825

6,031

-489

-1,315

-362

-2,168

-7,695

7,121

195

6,012

3,756

21,408

40,541

43,379

43,835

23,762

11,787

0

0

0

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

876

1,029

1,184

1,421

1,758

2,288

2,573

3,077

3,236

3,311

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

5,142

7,760

11,242

10,293

10,261

10,136

8,862

9,498

8,202

7,639

7,242

6,282

6,284

5,567

5,682

6,426

5,886

5,662

4,781

4,534

4,747

0

0

0

Equipment purchased and unpaid at period-end

3,295

2,890

1,666

2,448

3,177

1,583

902

831

267

145

172

112

185

163

80

219

272

151

92

22

7

11

-4

-31

13

10

0

0

0

Deferred initial public offering costs incurred but unpaid at period-end

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

509

0

0

0

-

-

-

0

Vesting of early exercised stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

0

0

0

-

-

-

0