| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Revenue | ||||||
38,517 | 30,438 | 23,081 | 32,496 | 31,593 | 15,653 | 11,340 |
Cost of revenue | ||||||
8,816 | 7,211 | 5,569 | 6,154 | 5,840 | 3,404 | 2,853 |
Gross profit | ||||||
29,700 | 23,227 | 17,511 | 26,341 | 25,753 | 12,248 | 8,486 |
Operating expenses: | ||||||
General and administrative | ||||||
10,451 | 8,710 | 9,001 | 8,795 | 7,769 | 4,816 | 2,392 |
Sales and marketing | ||||||
9,169 | 6,995 | 5,502 | 5,278 | 4,705 | 3,297 | 2,297 |
Research and development | ||||||
1,432 | 1,517 | 1,722 | 1,347 | 1,764 | 1,068 | 1,009 |
Total operating expenses | ||||||
21,053 | 17,223 | 16,226 | 15,421 | 14,240 | 9,182 | 5,699 |
Income from operations | ||||||
8,647 | 6,003 | 1,285 | 10,920 | 11,513 | 3,065 | 2,787 |
Other income, net | ||||||
395 | 193 | 111 | 32 | 121 | -48 | -3 |
Income before provision for income taxes | ||||||
9,043 | 6,197 | 1,396 | 10,952 | 11,634 | 3,017 | 2,783 |
Provision for income tax benefit | ||||||
-587 | -106 | 896 | 3,738 | 4,104 | 966 | 846 |
Net income | ||||||
9,630 | 6,303 | 499 | 7,214 | 7,529 | 2,050 | 1,936 |
Change in fair value of available-for-sale securities, net of tax (benefit) expense of $(6,369) and $70 for the three months ended September 30, 2015 and 2014, respectively, and $(8,833) and $(2,681) for nine months ended September 30, 2015 and 2014, respectively | ||||||
- | - | - | - | - | - | -6 |
Other comprehensive loss | ||||||
- | - | - | - | - | - | -6 |
Comprehensive income | ||||||
- | - | - | - | - | - | 1,930 |
Net income per share: | ||||||
Basic (in dollars per share) | ||||||
0.85 | 0.59 | 0.05 | 0.67 | 0.68 | 0.23 | 0.28 |
Diluted (in dollars per share) | ||||||
0.78 | 0.52 | 0.04 | 0.60 | 0.60 | 0.20 | 0.22 |
Weighted average shares outstanding: | ||||||
Basic (in shares) | ||||||
11,282 | 10,758 | 10,638 | 10,818 | 11,003 | 8,743 | 7,000 |
Diluted (in shares) | ||||||
12,276 | 12,110 | 11,720 | 11,989 | 12,556 | 10,219 | 8,624 |