Liveperson, inc. (LPSN)
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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
OPERATING ACTIVITIES:
Net loss

-114,182

-96,071

-75,214

-56,385

-40,719

-25,032

-22,239

-16,506

-15,718

-18,191

-24,084

-28,653

-28,886

-25,873

-37,265

-29,461

-27,049

-26,444

-9,689

-12,754

-8,612

-7,348

-3,854

-3,444

-4,061

-3,499

-1,299

1,031

3,000

6,355

8,739

9,873

11,930

12,038

0

0

0

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Stock-based compensation expense

51,600

44,100

29,962

25,000

19,562

14,800

13,179

10,984

9,469

8,944

8,239

8,651

9,330

9,736

10,621

11,253

11,339

11,814

11,541

12,308

12,403

12,306

12,317

12,460

12,154

12,508

12,818

11,873

11,611

10,715

9,466

8,351

7,391

6,771

0

0

0

Depreciation and amortization

18,057

16,400

15,662

15,057

14,723

14,200

13,726

13,348

12,965

12,400

11,583

11,055

11,637

12,011

12,960

13,248

12,703

12,114

11,111

10,516

9,668

9,071

8,599

8,257

8,021

8,090

8,209

8,048

7,751

7,329

6,804

6,667

6,557

6,563

0

0

0

Amortization of tenant allowance

516

516

509

501

413

326

245

166

166

166

305

263

222

180

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of purchased intangibles

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization

-

-

-

-

-

-

0

0

3,962

-

5,596

6,198

6,483

6,673

6,963

7,175

7,461

8,040

7,751

7,157

6,232

5,090

4,529

3,892

3,283

2,643

1,861

1,311

921

580

370

547

788

1,029

0

0

0

Amortization of debt issuance costs

1,138

956

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of debt discount on convertible senior notes

9,246

7,605

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in fair value of contingent consideration

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

2,272

2,159

2,032

1,864

1,794

1,788

1,858

1,799

1,940

1,895

1,954

2,082

1,897

1,831

1,913

2,031

2,343

2,361

2,435

1,901

1,975

1,843

1,553

1,436

728

457

0

0

0

20

80

190

250

290

0

0

0

Deferred income taxes

-1,047

-1,207

-290

-236

-273

-309

-3,041

-2,343

-2,360

-2,397

-1,192

-2,009

-1,692

-1,852

-10,190

-13,198

-15,457

-14,456

-1,300

1,280

2,632

1,736

5,510

5,393

4,449

4,877

-3,246

-3,305

-1,887

-2,871

-1,038

-696

-623

229

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

13,882

43,757

3,869

15,000

6,958

9,662

21,406

15,054

19,151

7,998

4,644

-1,714

374

3,265

-1,042

-1,577

-3,036

1,368

-233

-1,963

6,011

1,354

1,572

8,329

3,784

4,630

6,213

3,583

4,661

664

3,210

2,034

-1,576

4,798

0

0

0

Prepaid expenses and other current assets

2,738

4,712

20,815

16,166

11,004

12,993

-148

-3,603

-5,977

-9,270

-3,224

-2,743

-4,126

-3,845

-375

-864

-439

-724

944

2,359

2,670

4,056

2,099

2,307

562

-768

992

690

2,855

1,086

3,032

2,499

1,489

-665

0

0

0

Contract acquisition costs noncurrent

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Security deposits

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Other assets

-86

30

33

89

201

107

331

194

59

38

-303

-171

-280

-196

-13

-140

-61

-130

-161

-204

-139

-614

-626

-481

-603

-167

0

0

0

-

-

-

-406

-522

0

0

0

Deferred implementation costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Accounts payable

1,140

3,808

1,209

1,747

1,627

2,199

2,180

1,172

-1,798

-2,743

-2,763

-2,640

-1,018

185

-826

-4,789

-3,189

-1,916

-1,774

1,989

-1,283

-1,528

-1,385

848

4

-2,660

-1,732

-3,584

-621

2,920

2,110

1,895

2,211

1,451

0

0

0

Accrued expenses and other current liabilities

10,037

-10,882

1,344

-2,548

-8,355

-205

1,943

2,271

7,054

7,838

1,718

4,879

2,590

2,982

2,208

1,608

-368

1,193

-6,502

-4,653

-2,641

576

8,217

4,982

4,574

6,822

4,511

3,034

1,934

3,654

4,213

4,507

3,375

211

0

0

0

Deferred tax liability

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

20,330

33,953

14,566

19,894

10,234

19,005

22,250

12,884

22,397

8,418

9,239

7,167

11,194

13,283

16,159

17,111

11,676

1,869

-3,990

4,987

2,520

2,710

6,155

-259

-393

1,413

146

329

555

1,258

971

822

312

447

0

0

0

Increase in operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

-350

-209

470

610

441

214

-24

-908

-618

-445

-3,644

-2,237

-2,341

-1,316

2,103

3,441

3,286

2,538

2,254

113

260

-515

-601

-523

-647

-244

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

-29,174

-59,158

-28,557

-22,126

-20,235

4,779

-336

2,919

12,715

10,290

11,528

15,162

19,308

24,560

27,516

36,263

31,561

21,831

11,607

19,149

11,092

15,673

28,241

13,133

14,615

16,958

13,991

14,421

15,724

28,009

25,293

27,531

32,184

25,074

0

0

0

INVESTING ACTIVITIES:
Purchases of property and equipment, including capitalized software

50,052

47,582

41,665

33,656

25,678

21,938

19,046

20,043

19,256

17,390

15,269

12,709

10,544

12,344

11,184

11,184

15,726

12,980

14,992

14,709

10,916

10,589

8,050

7,705

7,836

8,044

10,940

12,912

11,155

11,221

8,031

5,941

6,705

7,268

0

0

0

Payments for acquisitions and intangible assets, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

0

0

0

-

-

-

-

-

-

-

-

Cash held as collateral

-

-

-

-

-

-

-

-

-3,763

-2,511

-2,515

-204

10

-1,447

-1,434

-1,503

3,969

5,409

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for intangible assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,451

3,451

3,174

3,174

0

-10,798

-10,798

0

0

0

0

0

-

-

-

-

Payments for acquisitions and intangible assets, net of cash acquired

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for acquisitions and intangible assets, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

75

0

0

0

Net cash used in investing activities

-51,199

-48,506

-48,144

-40,627

-32,487

-27,773

-19,193

-17,096

-16,099

-15,320

-13,243

-13,299

-11,207

-11,452

-10,161

-9,681

-19,845

-18,539

-58,961

-59,019

-51,939

-54,911

-13,954

-13,332

-11,215

-8,174

-19,534

-21,506

-31,445

-31,461

-19,806

-17,716

-6,705

-7,343

0

0

0

FINANCING ACTIVITIES:
Repurchase of common stock

194

903

709

709

709

1,345

1,346

1,306

2,111

1,742

5,935

7,177

7,739

9,967

5,773

6,239

5,348

4,202

4,202

3,351

7,197

12,980

12,979

12,352

27,128

26,715

0

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock in connection with the exercise of options and ESPP

16,960

21,060

20,320

20,557

36,520

35,271

33,915

32,030

14,440

8,951

9,809

4,832

3,124

2,899

1,481

1,951

2,352

4,401

6,963

8,497

8,620

9,314

8,685

7,917

7,944

6,313

4,586

5,151

6,644

9,406

11,951

11,775

10,973

10,280

0

0

0

Excess tax benefit from the exercise of employee stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

797

1,460

1,421

1,415

664

0

0

0

-

-

-

-

4,104

5,161

4,612

4,389

4,001

0

0

0

Proceeds from issuance of convertible senior notes

0

230,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of issuance costs in connection with convertible senior notes

1,306

8,635

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment for Contingent Consideration Liability, Financing Activities

13

500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of capped call option

0

23,184

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

15,460

217,851

217,322

218,590

234,811

33,926

32,569

30,724

12,329

7,209

3,874

-2,345

-4,615

-7,068

-4,808

-7,131

-5,833

-1,887

2,355

6,567

2,838

-3,002

-4,736

-4,377

-18,991

-20,209

-20,498

-18,292

2,712

13,510

17,112

16,387

15,362

14,281

0

0

0

EFFECT OF FOREIGN EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

-1,395

-113

-1,819

-857

-1,782

-598

-1,050

-1,165

776

3,047

797

2,521

-283

-3,954

-1,986

-4,164

-2,163

-1,974

-1,268

-892

-528

-294

181

858

131

-8

136

-247

-47

3

-177

-4

-71

-70

0

0

0

CHANGE IN CASH AND CASH EQUIVALENTS

-66,308

110,074

138,802

154,980

180,307

10,334

11,990

15,382

9,721

5,226

2,956

2,039

3,203

2,086

10,561

15,287

3,720

-569

-46,267

-34,195

-38,537

-42,534

9,732

-3,718

-15,460

-11,433

-25,905

-25,624

-13,056

10,061

22,422

26,198

40,770

31,942

0

0

0

SUPPLEMENTAL DISCLOSURE OF OTHER CASH FLOW INFORMATION:
Cash paid for income taxes

4,303

3,304

1,746

1,197

4,929

5,144

6,535

6,445

2,104

1,551

336

160

-40

424

1,013

1,683

1,763

1,882

3,701

3,665

3,932

4,386

3,194

2,888

2,166

1,163

0

0

0

-

-

-

-

-

-

-

-

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Purchase of property and equipment recorded in accounts payable

2,408

1,198

1,334

277

96

190

979

1,669

546

936

2,951

2,351

2,892

2,497

1,702

1,533

-11

1,926

-599

1,137

2,014

964

1,920

1,063

326

800

0

0

0

-

-

-

-

-

-

-

-

Issuance of 11,508 shares of common stock as earnout payment in connection with AdvantageTec Inc.

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of 11,508 shares of common stock as earnout payment in connection with AdvantageTec, Inc. (shares)

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of 991,905 shares of common stock to settle cash awards

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of 991,905 shares to settle bonus cash payment (shares)

991

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right of use asset

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities- short-term and long term

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt offering costs, accrued but not paid

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent earn-out in connection with acquisitions recorded in accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash or Part Noncash Acquisition, Costs

-

-

-

-

-

-

-

-

0

-

-

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-