LIVEPERSON, INC. LPSN Cash Flow

Liveperson, inc. (LPSN)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
OPERATING ACTIVITIES:
Net loss
-96,071	-25,032	-18,191	-25,873	-26,444	-7,348	-3,499	6,355	12,038	9,259	7,763
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Stock-based compensation expense
44,100	14,800	8,944	9,736	11,814	12,306	12,508	10,715	6,771	5,142	4,726
Depreciation and amortization
16,400	14,200	12,400	12,011	12,114	9,071	8,090	7,329	6,563	5,791	3,347
Impairment on investments
-	-	-	2,600	0	0	-	-	-	-	-
Amortization of tenant allowance
516	326	166	180	0	0	-	-	-	-	-
Amortization of purchased intangibles
2,900	2,800	4,700	-	-	-	-	-	-	-	-
Amortization
-	-	-	6,673	8,040	5,090	2,643	580	1,029	1,486	1,973
Amortization of debt issuance costs
956	0	0	-	-	-	-	-	-	-	-
Accretion of debt discount on convertible senior notes
7,605	0	0	-	-	-	-	-	-	-	-
Changes in fair value of contingent consideration
-328	0	0	-	-3,680	0	0	-	-	-	-
Provision for doubtful accounts
2,159	1,788	1,895	1,831	2,361	1,843	457	20	290	166	68
Deferred income taxes
-1,207	-309	-2,397	-1,852	-14,456	1,736	4,877	-2,871	229	832	2,865
Changes in operating assets and liabilities:
Accounts receivable
43,757	9,662	7,998	3,265	1,368	1,354	4,630	664	4,798	6,391	2,760
Prepaid expenses and other current assets
4,712	12,993	-9,270	-3,845	-724	4,056	-768	1,086	-665	2,687	1,948
Security deposits
-	-	-	-	-	-	-	-	-	-174	23
Contract acquisition costs noncurrent
13,718	1,635	11,137	-	-	-	-	-	-	-	-
Other assets
30	107	38	-196	-130	-614	-167	164	-522	-	116
Deferred implementation costs
-	-	-	-	-	-	-	-	-	28	-12
Accounts payable
3,808	2,199	-2,743	185	-1,916	-1,528	-2,660	2,920	1,451	45	1,836
Accrued expenses and other current liabilities
-10,882	-205	7,838	2,982	1,193	576	6,822	3,654	211	1,224	2,367
Deferred revenue
33,953	19,005	8,418	13,283	1,869	2,710	1,413	1,258	447	884	866
Increase in operating lease liabilities
388	0	0	-	-	-	-	-	-	-	-
Other liabilities
-209	214	-445	-1,316	2,538	-515	-244	-37	-344	-	-
Net cash provided by (used in) operating activities
-59,158	4,779	10,290	24,560	21,831	15,673	16,958	28,009	25,074	15,549	21,022
INVESTING ACTIVITIES:
Purchases of property and equipment, including capitalized software
47,582	21,938	17,390	12,344	12,980	10,589	8,044	11,221	7,268	8,002	5,442
Payments for acquisitions and intangible assets, net of cash acquired
924	7,286	441	555	150	40,871	130	20,240	0	-	-
Cash held as collateral
0	-1,451	-2,511	-1,447	5,409	0	0	-	-	-	-
Acquisition of Engage, net of cash acquired
-	-	-	-	-	-	-	-	0	-	-
Payments for intangible assets
-	-	-	-	-	3,451	0	0	0	-	475
Payments for acquisitions and intangible assets, net of cash acquired
-	-	-	-	-	-	-	-	0	-	-
Payments for acquisitions and intangible assets, net of cash acquired
-	-	-	-	-	-	-	-	75	-	98
Net cash used in investing activities
-48,506	-27,773	-15,320	-11,452	-18,539	-54,911	-8,174	-31,461	-7,343	-8,886	-6,015
FINANCING ACTIVITIES:
Repurchase of common stock
903	1,345	1,742	9,967	4,202	12,980	26,715	0	0	3,649	28
Proceeds from issuance of common stock in connection with the exercise of options and ESPP
21,060	35,271	8,951	2,899	4,401	9,314	6,313	9,406	10,280	11,484	4,191
Excess tax benefit from the exercise of employee stock options
-	-	-	-	797	664	193	4,104	4,001	1,397	936
Payments related to contingent consideration
-	-	-	-	2,883	0	0	-	-	-	-
Proceeds from issuance of convertible senior notes
230,000	0	0	-	-	-	-	-	-	-	-
Payment of issuance costs in connection with convertible senior notes
8,635	0	0	-	-	-	-	-	-	-	-
Payment for Contingent Consideration Liability, Financing Activities
500	0	0	-	-	-	-	-	-	-	-
Purchase of capped call option
23,184	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
217,851	33,926	7,209	-7,068	-1,887	-3,002	-20,209	13,510	14,281	9,232	5,099
EFFECT OF FOREIGN EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
-113	-598	3,047	-3,954	-1,974	-294	-8	3	-70	-131	-34
CHANGE IN CASH AND CASH EQUIVALENTS
110,074	10,334	5,226	2,086	-569	-42,534	-11,433	10,061	31,942	15,764	20,072
SUPPLEMENTAL DISCLOSURE OF OTHER CASH FLOW INFORMATION:
Cash paid for income taxes
3,304	5,144	1,551	424	1,882	4,386	1,163	1,556	2,579	-	-
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Purchase of property and equipment recorded in accounts payable
1,198	190	936	2,497	1,926	964	800	745	1,631	-	-
Leasehold improvements funded by landlord
0	1,551	0	1,440	326	0	0	-	-	-	-
Operating lease right of use asset
21,588	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities- short-term and long term
19,467	-	-	-	-	-	-	-	-	-	-
Issuance of 1,627,753 shares of common stock in connection with the acquisition of CAO! on November 7, 2014
-	-	-	-	-	-	-	-	0	-	-
Contingent earn-out in connection with the acquisition of Engage paid in common stock recorded in accrued expenses
-	-	-	-	-	-	-	-	0	-	-
Conversable Dec 13 2019
Issuance of shares of common stock in connection with acquisition
1,000	0	0	-	-	-	-	-	-	-	-
Issuance of shares of common stock in connection with acquisition (in shares)
38	-	-	-	-	-	-	-	-	-	-
BotCentral
Issuance of shares of common stock in connection with acquisition
0	1,000	0	0	-	-	-	-	-	-	-
Issuance of shares of common stock in connection with acquisition (in shares)
-	85	-	-	-	-	-	-	-	-	-
Conversable Sep 27 2018
Issuance of shares of common stock in connection with acquisition
0	2,850	0	-	-	-	-	-	-	-	-
Issuance of shares of common stock in connection with acquisition (in shares)
-	115	-	-	-	-	-	-	-	-	-
Conversable
Issuance of shares of common stock in connection with acquisition
-	-	-	0	-	-	-	-	-	-	-
AdvantageTec
Issuance of shares of common stock in connection with acquisition
0	4,300	0	0	-	-	-	-	-	-	-
Issuance of shares of common stock in connection with acquisition (in shares)
-	178	-	-	-	-	-	-	-	-	-
Fair value of contingent earn-out in connection with the acquisition recorded in accrued expenses
0	876	0	0	-	-	-	-	-	-	-
Conversable Inc
Fair value of contingent earn-out in connection with the acquisition recorded in accrued expenses
0	1,496	0	0	-	-	-	-	-	-	-