| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-60,096 | -61,984 | -47,035 | ||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
9,212 | 7,412 | 5,892 | ||||
Loss on extinguishment of debt | ||||||
-1,670 | 0 | 0 | ||||
Amortization of debt discount and issuance costs | ||||||
1,081 | 533 | 153 | ||||
Investment discount and premium amortization | ||||||
615 | 143 | -72 | ||||
Change in fair value of warrant liability | ||||||
0 | -34 | 47 | ||||
Gain on sale of property and equipment | ||||||
39 | 29 | 47 | ||||
Stock-based compensation expense | ||||||
17,844 | 4,198 | 4,241 | ||||
Deferred tax benefit | ||||||
40 | -163 | 14 | ||||
Other | ||||||
15 | 0 | 0 | ||||
Change in operating assets and liabilities: | ||||||
Accounts receivable, net | ||||||
-127 | 3,627 | -4,442 | ||||
Deferred costs | ||||||
288 | -113 | -461 | ||||
Prepaid expenses and other assets | ||||||
1,308 | 1,334 | 815 | ||||
Operating lease right-of-use assets | ||||||
-2,557 | 3,942 | -1,650 | ||||
Accounts payable, accrued liabilities, and other liabilities | ||||||
-86 | 4,588 | -6,289 | ||||
Deferred revenue | ||||||
77 | 10,317 | 2,126 | ||||
Operating lease liabilities | ||||||
-2,345 | 3,799 | -1,741 | ||||
Net cash used in operating activities | ||||||
-32,184 | -40,296 | -36,829 | ||||
Cash flows from investing activities | ||||||
Purchases of property and equipment | ||||||
2,399 | 2,275 | 2,466 | ||||
Proceeds from the sale of property and equipment | ||||||
62 | 29 | 47 | ||||
Purchase of short-term investments | ||||||
256,007 | 13,993 | 46,422 | ||||
Proceeds from the sale and maturity of short-term investments | ||||||
50,677 | 37,870 | 72,127 | ||||
Purchase of intangible assets | ||||||
1,935 | 228 | 878 | ||||
Net cash provided by (used in) investing activities | ||||||
-209,602 | 21,403 | 22,408 | ||||
Cash flows from financing activities | ||||||
Proceeds from initial public offering, net of underwriters' discounts and commissions | ||||||
194,649 | 0 | 0 | ||||
Proceeds from the issuance of redeemable convertible preferred stock, net of issuance costs | ||||||
12,073 | 33,987 | 23,787 | ||||
Proceeds from exercise of stock options | ||||||
2,656 | 3,045 | 76 | ||||
Proceeds from employee stock purchase plan | ||||||
2,978 | 0 | 0 | ||||
Payments for Repurchase of Common Stock | ||||||
0 | 8,712 | 0 | ||||
Payment of SVB line of credit and mezzanine loan | ||||||
21,821 | 0 | 0 | ||||
Proceeds from credit facilities, net of debt issuance costs | ||||||
47,169 | 9,950 | 9,787 | ||||
Payments of acquisition-related consideration | ||||||
1,713 | 13,924 | 8,779 | ||||
Payments of deferred offering costs | ||||||
4,610 | 0 | 0 | ||||
Net cash provided by financing activities | ||||||
231,381 | 24,346 | 24,871 | ||||
Effect of exchange rate changes | ||||||
6 | 0 | 0 | ||||
Net increase in cash and cash equivalents | ||||||
-10,399 | 5,453 | 10,450 | ||||
Cash paid for income taxes | ||||||
19 | 31 | 66 | ||||
Cash paid for interest | ||||||
5,557 | 3,937 | 1,032 | ||||
Supplemental disclosures of non-cash investing and financing information | ||||||
Redeemable convertible preferred stock accretion | ||||||
180,826 | 52,037 | 11,745 | ||||
Deferred offering costs included in accounts payable and accrued liabilities | ||||||
0 | 100 | 0 | ||||
Series E redeemable convertible preferred stock allocated to business combination | ||||||
0 | 2,252 | 0 | ||||
Purchase of intangible assets included in accounts payable and accrued liabilities | ||||||
1,626 | 0 | 675 | ||||
Purchase of property and equipment included in accounts payable and accrued liabilities | ||||||
209 | 84 | 3 | ||||
Supplemental disclosures of cash flow information related to leases | ||||||
Supplemental disclosures of cash flow information related to leases | ||||||
Cash paid for operating lease liabilities in operating cash flows | ||||||
3,248 | 3,146 | 1,891 | ||||
Operating lease right-of-use assets obtained in exchange for operating lease obligations | ||||||
581 | 6,641 | 0 | ||||