| Jan'20 | Jan'19 | Jan'18 | Jan'17 | Jan'16 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-175,522 | -99,011 | -83,973 | -70,063 | -73,486 | ||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
12,783 | 5,792 | 3,703 | 3,751 | 4,062 | ||
Stock-based compensation | ||||||
75,776 | 37,403 | 21,235 | 21,004 | 12,787 | ||
Amortization of debt discount and issuance costs | ||||||
14,847 | 7,399 | 0 | 0 | - | ||
Finance Lease, Right-of-Use Asset, Amortization | ||||||
3,976 | 0 | 0 | - | - | ||
Amortization of operating right-of-use assets | ||||||
3,015 | 0 | 0 | - | - | ||
Non-cash interest on finance lease liabilities | ||||||
1,823 | 1,570 | 0 | 0 | - | ||
Deferred income taxes | ||||||
-3,292 | -4,960 | -302 | -4 | -2 | ||
Accretion of discount on short-term investments | ||||||
4,060 | 3,875 | 152 | - | - | ||
Change in fair value of warrant liability | ||||||
0 | 0 | -101 | -38 | -52 | ||
Gain (Loss) on Extinguishment of Debt | ||||||
-14,522 | 0 | 0 | - | - | ||
Change in operating assets and liabilities, net of the impact from the acquisition: | ||||||
Accounts receivable, net | ||||||
12,692 | 19,445 | 16,095 | 11,804 | 10,123 | ||
Prepaid expenses and other current assets | ||||||
3,794 | 1,487 | 2,436 | 450 | 460 | ||
Deferred commissions | ||||||
28,362 | 16,134 | 6,422 | 9,190 | 533 | ||
Other long-term assets | ||||||
53 | 214 | 687 | 784 | 27 | ||
Accounts payable | ||||||
513 | -913 | -371 | 1,296 | 371 | ||
Deferred rent | ||||||
0 | 1,642 | -133 | -672 | -681 | ||
Accrued liabilities | ||||||
20,439 | 13,564 | 8,115 | 3,948 | 3,478 | ||
Operating lease liabilities | ||||||
-3,291 | 0 | 0 | - | - | ||
Deferred revenue | ||||||
53,054 | 36,680 | 32,738 | 24,928 | 17,705 | ||
Other liabilities, non-current | ||||||
778 | 0 | 0 | - | - | ||
Net cash used in operating activities | ||||||
-29,540 | -41,989 | -44,881 | -38,078 | -46,961 | ||
Cash flows from investing activities | ||||||
Purchases of property and equipment | ||||||
3,564 | 6,848 | 2,135 | 1,683 | 468 | ||
Acquisition, net of cash acquired | ||||||
38,629 | 55,517 | 0 | 0 | - | ||
Proceeds from maturities of marketable securities | ||||||
470,000 | 450,000 | 82,230 | 114,775 | 38,000 | ||
Purchases of marketable securities | ||||||
429,452 | 547,914 | 252,382 | 82,036 | 117,954 | ||
Net cash used in investing activities | ||||||
-1,645 | -160,279 | -172,287 | 31,056 | -80,422 | ||
Cash flows from financing activities | ||||||
Proceeds from exercise of stock options, including early exercised stock options | ||||||
16,775 | 22,244 | 8,367 | 8,220 | 3,104 | ||
Proceeds from the issuance of common stock under the Employee Stock Purchase Plan | ||||||
13,420 | 10,532 | 0 | 0 | - | ||
Repurchase of early exercised stock options | ||||||
43 | 327 | 242 | 48 | 17 | ||
Principal repayments of finance leases | ||||||
1,915 | 0 | 0 | - | - | ||
Proceeds from borrowings on convertible senior notes, net of issuance costs | ||||||
1,132,991 | 291,145 | 0 | 0 | - | ||
Payments for 2024 Notes Partial Repurchase | ||||||
479,070 | 0 | 0 | - | - | ||
Payment for purchase of capped calls | ||||||
92,920 | 37,086 | 0 | 0 | - | ||
Proceeds from tenant improvement allowance on build-to-suit lease | ||||||
0 | -1,728 | 0 | 0 | - | ||
Proceeds from issuance of Series F financing, net of issuance cost | ||||||
- | - | - | 34,942 | 0 | ||
Proceeds from initial public offering, net of underwriting discounts and commissions | ||||||
0 | 0 | 205,494 | 0 | 0 | ||
Proceeds from exercise of redeemable convertible preferred stock warrants | ||||||
0 | 0 | 1 | 0 | 0 | ||
Payment of initial public offering costs | ||||||
0 | 0 | 3,728 | 0 | 0 | ||
Net cash provided by financing activities | ||||||
589,238 | 288,236 | 209,892 | 43,114 | 3,087 | ||
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||
306 | -48 | 291 | 7 | -92 | ||
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||
558,359 | 85,920 | -6,985 | 36,099 | -124,388 | ||
Supplemental cash flow disclosure | ||||||
Cash paid during the period for: | ||||||
Income taxes, net of refunds | ||||||
2,701 | 984 | 1,004 | 411 | 522 | ||
Interest expense, net | ||||||
2,375 | 1,044 | 8 | 16 | - | ||
Interest | ||||||
- | - | - | - | 14 | ||
Noncash investing and financing activities | ||||||
Construction costs related to build-to-suit lease obligations | ||||||
0 | 11,683 | 0 | 0 | - | ||
Issuance of Series F redeemable convertible preferred stock warrants | ||||||
- | - | - | - | 151 | ||
Vesting of early exercised stock options | ||||||
296 | 1,204 | 1,280 | 903 | 391 | ||
Conversion of redeemable convertible preferred stock warrant liability to redeemable convertible preferred stock as a result of warrant exercise | ||||||
0 | 0 | 1,171 | 0 | 0 | ||
Conversion of redeemable convertible preferred stock to common stock | ||||||
0 | 0 | 346,428 | 0 | 0 | ||
Debt issuance and capped call costs included in accounts payable and accrued liabilities | ||||||
4,200 | 0 | 0 | - | - | ||
Purchases of property and equipment included in accounts payable and accrued liabilities | ||||||
1,134 | 66 | 193 | 41 | - | ||
Estimated fair value of office space under a build-to-suit lease | ||||||
0 | 0 | 54,709 | 0 | 0 | ||