| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss | ||||||
-5,573 | -6,354 | -19,712 | -14,833 | -14,371 | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization expense | ||||||
1,200 | 1,026 | 800 | 800 | 700 | ||
Amortization of intangible assets | ||||||
696 | 696 | 696 | 629 | 564 | ||
Non-cash operating lease cost | ||||||
1,100 | - | - | - | - | ||
Change in fair value of contingent consideration | ||||||
84 | -168 | 55 | 282 | 674 | ||
Allowance for doubtful accounts | ||||||
235 | 353 | -10 | 413 | 98 | ||
Stock-based compensation expense | ||||||
8,063 | 6,905 | 15,580 | 4,637 | 5,510 | ||
Deferred income taxes | ||||||
0 | - | 0 | 0 | -1,396 | ||
Changes in operating assets and liabilities, net of impact of acquisitions: | ||||||
Accounts receivable, net | ||||||
11,806 | 328 | 5,804 | 5,721 | 11,916 | ||
Inventories | ||||||
-9,738 | 7,709 | 7,439 | 5,373 | -472 | ||
Deferred costs | ||||||
11,196 | 271 | 893 | 1,937 | 5,510 | ||
Prepaid expenses and other assets | ||||||
764 | 424 | 4,379 | -2,936 | 2,609 | ||
Accounts payable | ||||||
-98 | 945 | -1,216 | -885 | 3,142 | ||
Accrued expenses and other liabilities | ||||||
-3,024 | 1,464 | 5,789 | 1,238 | -480 | ||
Operating lease liabilities | ||||||
-546 | - | - | - | - | ||
Deferred revenue | ||||||
1,500 | 14 | 475 | 578 | 75 | ||
Advance payments from partner | ||||||
0 | 0 | 424 | 2,508 | -136 | ||
Net cash used in operating activities | ||||||
-10,400 | -3,867 | -15,572 | -14,761 | -25,200 | ||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchases of property and equipment | ||||||
1,762 | 661 | 706 | 288 | 340 | ||
Capitalized internal-use software costs | ||||||
1,325 | 1,641 | 1,180 | 1,094 | 1,284 | ||
Acquisitions, net of cash acquired | ||||||
0 | 0 | 0 | 0 | 27,435 | ||
Net cash used in investing activities | ||||||
-3,087 | -100,986 | -51,886 | -948 | -29,059 | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from exercise of stock options, net of repurchases | ||||||
1,722 | 1,137 | 516 | 1,129 | 314 | ||
Payment of deferred offering costs | ||||||
286 | - | - | 1,559 | 0 | ||
Payment of deferred acquisition-related contingent consideration | ||||||
884 | 3,732 | 0 | 0 | 0 | ||
Taxes paid related to net share settlement of equity awards | ||||||
10,564 | - | - | - | 0 | ||
Net cash (used in) provided by financing activities | ||||||
-10,012 | -3,233 | 379,525 | -430 | 314 | ||
Net decrease in cash, cash equivalents, and restricted cash | ||||||
-23,510 | -108,082 | 312,067 | -16,152 | -53,932 | ||
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES: | ||||||
Accretion of redeemable convertible preferred stock | ||||||
0 | 0 | 13 | 42 | 41 | ||
Purchases of property and equipment included in accounts payable and accrued liabilities | ||||||
491 | -203 | 276 | -25 | 112 | ||
Contingent consideration liability | ||||||
0 | - | - | - | 3,300 | ||
Unpaid working capital adjustment related to myStrength acquisition | ||||||
0 | - | - | - | 119 | ||
Capitalized internal-use software costs in accounts payable and accrued liabilities | ||||||
-141 | 106 | -34 | 102 | -163 | ||
Common Stock | ||||||
Unpaid offering costs | ||||||
0 | - | -1,117 | 981 | 331 | ||