Marin software inc (MRIN)
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'12
Operating activities
Net loss

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-32,208

-34,477

-31,491

-28,816

-24,320

-18,193

-16,480

-14,022

-20,473

-28,102

-33,349

-40,041

-39,782

-34,525

-33,171

-32,402

-31,350

-33,657

-35,852

-35,047

-33,502

-30,229

-26,482

0

0

0

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation

2,328

1,934

1,948

2,082

2,359

2,658

3,195

3,716

4,220

4,758

5,173

5,427

5,706

6,035

6,437

6,895

7,028

6,993

6,690

6,257

5,949

5,669

5,439

5,310

5,064

4,722

4,268

3,669

3,162

2,642

0

0

0

Amortization of internally developed software

4,018

3,904

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of internally developed software

-

-

-

-

-

-

-

-

3,838

3,669

3,479

3,243

3,095

2,988

2,880

2,783

2,689

2,550

2,365

2,162

2,002

1,905

1,760

1,583

1,374

1,156

0

0

0

-

-

-

-

Amortization of intangible assets

1,377

1,814

2,066

2,196

2,379

2,537

2,638

2,740

2,810

2,850

2,881

2,911

2,984

3,080

3,176

3,272

3,314

3,134

2,793

2,451

1,777

1,131

0

0

0

-

-

-

-

-

-

-

-

Loss on disposals of property and equipment and right-of-use assets

-13

-26

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred costs to obtain and fulfill contracts

1,428

1,534

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred costs to obtain and fulfill contracts

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-2

-9

-16

-19

-19

-11

-20

-16

0

0

0

-

-

-

-

-

-

-

-

Unrealized foreign currency losses (gains)

21

56

158

108

153

118

-179

-449

-1,022

-986

-644

-437

438

419

281

331

-34

216

203

229

243

0

0

0

0

-

-

-

-

-

-

-

-

Non-cash interest expense related to debt agreements

-

-

-

-

-

-

-

-

-

15

24

27

26

27

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of internally developed software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Noncash interest expense related to warrants issued in connection with debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-72

-40

-13

251

261

269

246

159

0

0

0

Stock-based compensation expense related to equity awards

2,425

2,664

3,138

3,360

3,628

3,971

3,954

4,002

3,890

4,704

5,386

6,294

8,315

10,295

12,171

13,946

15,946

15,619

14,929

14,238

11,240

9,242

7,619

6,122

5,490

5,218

2,063

1,474

692

2,358

0

0

0

Provision for (recovery from) bad debts

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Recovery from) provision for bad debts

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for bad debts

-573

-249

0

0

0

-

-

-

-

-

-

-

-

-

1,286

1,269

1,305

1,210

1,048

843

754

821

620

532

442

359

310

183

240

296

0

0

0

Net change in operating leases

505

511

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-97

-97

-177

210

464

-2,338

-2,258

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based award activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

32

70

203

126

0

0

0

-

-

-

-

-

-

-

-

Payment of contingent consideration for prior acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

93

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncash expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

-4,027

-4,170

713

3

-56

668

-3,729

-2,346

-3,766

-4,754

-5,033

-6,964

-5,438

-795

-960

3,576

5,164

2,986

2,578

3,649

4,594

4,561

6,475

4,457

3,073

2,147

1,529

1,022

1,347

3,382

0

0

0

Prepaid expenses and other assets

-1,522

-220

-216

-1,075

806

609

77

341

-625

310

1,166

952

1,217

-200

-2,634

-2,356

-1,790

-575

2,399

3,003

3,712

2,009

550

170

-364

881

1,410

1,771

1,710

550

0

0

0

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

399

398

210

-348

158

344

153

497

422

288

332

524

63

-21

-32

55

0

0

0

Accounts payable

-643

-687

-120

3

-473

-97

247

-112

307

306

-197

-993

1,023

741

-278

1,176

-2,889

-1,597

175

-635

2,024

1,387

2

1,425

-97

75

-426

-1,090

395

-208

0

0

0

Accrued expenses and other liabilities

-1,448

-136

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-216

84

-185

-625

-1,813

-522

-367

-540

266

-2,252

693

1,948

0

0

0

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

908

954

-1,031

-2,258

-4,005

-3,108

-2,523

-1,487

2,445

1,953

1,086

1,860

-123

-1,523

922

-806

666

2,240

2,265

3,791

1,727

2,452

0

0

0

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

4,858

-

11,894

5,379

-2,128

-6,510

-17,862

-19,899

-20,861

-24,390

0

0

0

-

-

-

-

-

-

-

-

Net cash used in operating activities

-1,280

-1,236

-1,856

-3,996

-9,773

-12,980

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Investing activities
Purchases of property and equipment

558

604

98

472

534

586

690

402

390

461

404

849

1,109

1,207

1,521

3,742

6,509

8,584

10,806

9,371

6,877

5,317

3,892

3,494

4,813

5,023

4,669

5,586

5,162

5,507

0

0

0

Proceeds from disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalization of internally developed software

2,114

2,056

2,310

1,704

1,918

2,129

2,363

2,407

2,218

2,068

2,060

2,768

3,762

4,712

5,511

6,044

6,234

5,568

4,872

4,224

3,356

3,146

3,031

3,014

3,201

3,216

0

0

0

-

-

-

-

Proceeds from issuance of common stock in initial public offering, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109,414

0

0

0

-

-

-

-

Proceeds from issuance of note payable, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,667

2,983

3,035

7,922

8,631

0

0

0

Capitalization of internally developed software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

1,595

1,607

-2,403

-2,168

-2,444

-2,707

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Financing activities
Payment of principal on finance lease liabilities

1,039

1,186

1,319

1,330

1,324

1,304

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration for prior acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,738

7,509

7,509

11,660

4,151

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-4,866

-

-7,258

-10,012

-12,972

-21,890

-23,187

-21,104

-21,893

-12,614

0

0

0

-

-

-

-

-

-

-

-

Repayments of capital lease obligations

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-3,366

-

-3,706

-3,849

-3,182

-3,130

-3,276

-3,283

-2,984

-9,660

-9,098

-8,985

-8,966

-4,334

0

0

0

Repurchases of unvested shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

15

16

21

20

15

38

63

77

-4,411

-4,409

-4,425

48

0

0

0

Employee taxes paid for withheld shares upon equity award settlement

280

314

423

345

330

265

529

543

474

604

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of convertible, preferred stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,196

0

0

0

Proceeds from exercises of common stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

390

682

600

1,268

1,439

1,602

1,968

2,037

2,472

2,325

2,049

1,902

1,541

0

0

0

-

-

-

-

Proceeds from common stock purchase agreements and option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from employee stock purchase plan, net

79

117

156

197

259

282

346

366

254

312

286

344

415

663

565

1,213

991

968

1,341

861

1,416

1,402

0

0

0

-

-

-

-

-

-

-

-

Effect of foreign exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Effect of foreign exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

403

260

-82

26

-1,395

-1,287

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Effect of foreign exchange rate changes on cash and cash equivalents and restricted cash

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based award activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

32

70

65

126

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-914

-

-1,184

-1,028

-1,685

-1,865

-850

-1,017

264

850

0

0

0

-

-

-

-

-

-

-

-

Effect of foreign exchange rate changes on cash and cash equivalents and restricted cash

-

-

-

-

-

-360

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents and restricted cash

689

602

-4,552

-6,363

-14,410

-17,334

-15,959

-16,602

-11,016

-6,876

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents and restricted cash
Cash and cash equivalents and restricted cash:
Effect of foreign exchange rate changes on cash and cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for lease liabilities:
Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-35,938

-36,657

-19,356

72,867

94,705

95,231

88,513

29,821

0

0

0

Supplemental disclosure of non-cash investing and financing activities
Conversion of convertible preferred stock to common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105,710

0

0

0

-

-

-

-

Acquisition of equipment through capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,167

0

0

0

-

-

-

-

Issuance of common stock under employee stock purchase plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,338

4,337

4,337

15,532

11,195

0

0

0

-

-

-

-

-

-

-

-

Conversion of warrant to purchase convertible preferred stock to common stock warrant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

745

0

0

0

-

-

-

-

Purchases of property and equipment recorded in accounts payable and accrued expenses

-31

0

326

-298

27

10

-661

318

32

30

689

1

13

5

-703

-1,317

-1,023

0

1,976

2,595

2,291

1,364

0

0

0

-

-

-

-

-

-

-

-

Unpaid deferred initial public offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Other receivables for stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-