| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||
Net income (loss) | |||||||||
-724 | -11,807 | 14,092 | 1,959 | 2,526 | -5,292 | -7,275 | -7,839 | -125 | -682 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||||||||
Stock-based compensation expense | |||||||||
9,637 | 8,950 | 5,478 | 4,079 | 3,367 | 3,444 | 2,791 | 2,599 | 1,271 | 406 |
Amortization of closing shares and earnout shares | |||||||||
0 | 355 | 1,579 | 1,503 | 393 | - | - | - | - | - |
Amortization of intangible assets | |||||||||
7,024 | 4,023 | 591 | 598 | 172 | 0 | 0 | - | - | - |
Depreciation and amortization | |||||||||
1,400 | 600 | 300 | 790 | 433 | - | - | 231 | 179 | 172 |
Depreciation | |||||||||
- | - | - | - | - | 471 | 323 | - | - | - |
Amortization of investment premiums and other | |||||||||
134 | 14 | -30 | -149 | -435 | -401 | -182 | - | - | - |
Net change in the estimated fair value of acquisition-related contingent consideration | |||||||||
472 | 1,750 | 0 | 0 | - | - | - | - | - | - |
Deferred taxes | |||||||||
-3,775 | 3,636 | -11,065 | -127 | -647 | - | - | - | - | - |
Other | |||||||||
- | - | - | - | - | -5 | -6 | - | - | - |
Accretion and amortization on debt securities | |||||||||
- | - | - | - | - | - | - | 261 | - | - |
Provision for bad debt | |||||||||
- | - | - | - | - | - | - | -3 | 15 | -18 |
Non-cash interest expense on convertible debt | |||||||||
- | - | - | - | - | - | - | 0 | 384 | 294 |
Amortization of capitalized debt issuance costs | |||||||||
- | - | - | - | - | - | - | 0 | 53 | 36 |
Changes in assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-1,564 | 5,673 | 2,101 | 1,002 | 566 | 1,455 | 391 | 1,862 | -1,750 | 842 |
Contract assets | |||||||||
1,757 | - | - | - | - | - | - | - | - | - |
Other assets | |||||||||
769 | 1,676 | -249 | 586 | 533 | 88 | 213 | -180 | -181 | - |
Deferred maintenance fees | |||||||||
- | - | - | - | - | - | - | - | - | 32 |
Inventory, prepaid expenses and other assets | |||||||||
- | - | - | - | - | - | - | - | - | 7 |
Accounts payable | |||||||||
28 | 309 | 593 | -222 | -449 | -84 | 1,163 | 353 | 130 | -127 |
Accrued payroll and related taxes | |||||||||
-1,529 | 2,553 | 429 | 1,197 | 480 | -20 | 728 | 230 | 299 | -9 |
Deferred revenue | |||||||||
1,125 | 1,670 | -269 | - | - | - | - | - | - | - |
Deferred revenue | |||||||||
- | - | - | -67 | 478 | 291 | 1,214 | 758 | 41 | 130 |
Restructuring accrual | |||||||||
1,573 | 0 | 0 | - | - | - | - | - | - | - |
Other liabilities | |||||||||
127 | 935 | 517 | -417 | 16 | -132 | 868 | - | - | - |
Net cash provided by operating activities | |||||||||
14,250 | 5,626 | 10,445 | 7,854 | 6,105 | - | - | -1,778 | 316 | -806 |
Deferred rent | |||||||||
- | - | - | - | - | - | - | - | - | 119 |
Other liabilities | |||||||||
- | - | - | - | - | - | - | -53 | -2 | -22 |
Net cash provided by (used in) operating activities | |||||||||
- | - | - | - | - | -2,469 | -615 | - | - | - |
Investing activities: | |||||||||
Purchases of investments | |||||||||
24,410 | 15,391 | 39,939 | 33,658 | 27,254 | 24,643 | 4,058 | 12,187 | 10,614 | - |
Sales and maturities of investments | |||||||||
14,966 | 41,018 | 32,650 | 30,623 | 21,406 | 11,667 | 6,090 | 14,635 | - | - |
Payments for business acquisitions, net of cash acquired | |||||||||
0 | 29,744 | 0 | 0 | 5,423 | - | - | - | - | - |
Purchases of property and equipment | |||||||||
1,063 | 4,307 | 488 | 250 | 73 | 135 | 1,497 | 339 | 204 | 9 |
Net cash provided by (used in) investing activities | |||||||||
-10,507 | -8,424 | -7,777 | -3,285 | -11,344 | - | - | 2,107 | -10,819 | -9 |
Sale of property and equipment | |||||||||
- | - | - | - | - | 1 | 36 | - | - | - |
Net cash provided by (used in) investing activities | |||||||||
- | - | - | - | - | -13,110 | 570 | - | - | - |
Financing activities: | |||||||||
Proceeds from the issuance of common stock, net of issuance costs of $0, $0 and $1,245,196, respectively | |||||||||
- | - | - | - | - | - | 16,004 | - | 14,595 | 345 |
Proceeds from the issuance of equity plan common stock | |||||||||
5,581 | 1,125 | 687 | 1,755 | 246 | 70 | 648 | - | - | - |
Payment of acquisition-related contingent consideration | |||||||||
1,030 | 1,284 | 0 | 0 | - | - | - | - | - | - |
Proceeds from other borrowings | |||||||||
128 | 0 | 0 | - | - | - | - | - | - | - |
Principal payments on other borrowings | |||||||||
296 | 270 | 0 | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
- | - | - | - | - | - | - | 732 | 258 | 30 |
Principal payments on capital lease obligations | |||||||||
- | - | - | 22 | 20 | 19 | 16 | 14 | - | - |
Principal payments on other borrowings | |||||||||
- | - | - | 0 | - | - | - | - | - | - |
Proceeds from exercise of warrants | |||||||||
- | - | - | - | - | - | - | - | - | 148 |
Proceeds from the issuance of convertible debt-net | |||||||||
- | - | - | - | - | - | - | - | - | 922 |
Net cash provided by (used in) financing activities | |||||||||
4,383 | -429 | 687 | 1,733 | 226 | - | - | 717 | 14,853 | 1,446 |
Foreign currency effect on cash and cash equivalents | |||||||||
-406 | -34 | -76 | - | - | - | - | - | - | - |
Net increase in cash and cash equivalents | |||||||||
7,720 | -3,261 | 3,279 | - | - | - | - | - | - | - |
Foreign currency effect on cash and cash equivalents | |||||||||
- | - | - | -45 | - | - | - | - | - | - |
Net cash provided by financing activities | |||||||||
- | - | - | - | - | 51 | 16,636 | - | - | - |
Foreign currency effect on cash and cash equivalents | |||||||||
- | - | - | - | -1 | - | - | - | - | - |
Net increase in cash and cash equivalents | |||||||||
- | - | - | 6,257 | -5,014 | -15,528 | 16,592 | 1,046 | 4,350 | 630 |
Supplemental disclosures of cash flow information: | |||||||||
Cash paid for interest | |||||||||
0 | 29 | 0 | 1 | - | - | - | - | - | - |
Cash paid for interest | |||||||||
- | - | - | - | 4 | 6 | 8 | 10 | 5 | 2 |
Cash paid for income taxes | |||||||||
310 | 402 | 113 | 17 | 105 | 2 | 1 | 0 | 2 | 2 |
Supplemental disclosures of non-cash investing and financing activities: | |||||||||
Settlement of note receivable as consideration for business acquisition | |||||||||
- | - | - | - | 250 | - | - | - | - | - |
Unrealized holding gain on available for sale investments | |||||||||
29 | -10 | -19 | 7 | 5 | -10 | 2 | 9 | -9 | - |
Cashless exercise of stock options | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 0 |
Cashless settlement of restricted stock units | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Capital lease obligations | |||||||||
- | - | - | - | - | - | - | 95 | - | - |
Conversion of debt to common stock | |||||||||
- | - | - | - | - | - | - | - | 1,063 | - |
Beneficial conversion feature related to convertible debt issued | |||||||||
- | - | - | - | - | - | - | - | - | 401 |
Debt discount on convertible note due to warrants | |||||||||
- | - | - | - | - | - | - | - | - | 226 |