New Relic, Inc. NEWR Cash Flow

New relic, inc. (NEWR)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14
Cash flows from operating activities:
Net loss attributable to New Relic
-27,959	-27,195	-18,614	-15,169	-16,839	-10,103	-8,336	-5,615	-6,966	-7,729	-14,691	-15,934	-14,993	-13,883	-14,130	-18,071	-19,194	-18,355	-14,819	-15,119	-14,825	-15,929	-9,212	-10,183
Net loss attributable to redeemable non-controlling interest (Note 3)
-605	-540	-509	-388	-580	-86	-197	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss:
-28,564	-27,735	-19,123	-15,557	-17,419	-10,189	-8,533	-5,615	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
19,506	18,969	21,098	16,170	15,209	13,762	12,622	12,201	5,937	5,753	5,821	5,732	5,449	4,823	4,311	4,222	4,061	4,041	3,716	3,301	2,955	2,599	1,929	1,561
Stock-based compensation expense
29,040	25,950	23,358	21,188	16,574	14,764	13,833	11,027	10,820	9,933	10,222	9,623	8,227	8,118	8,263	7,338	6,665	6,356	5,588	4,659	4,074	3,426	2,235	1,931
Amortization of debt discount and issuance costs
5,389	5,314	5,239	5,165	5,091	5,021	4,952	2,340	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on lease modification
0	0	0	3,006	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,520	-1,454	1,012	-2,477	-855	-1,388	-254	842	1,061	114	204	180	303	314	215	293	1,603	117	282	418	-172	297	-45	-44
Changes in operating assets and liabilities, net of acquisition of businesses:
Accounts receivable, net
38,440	33,636	-7,219	-36,432	19,146	26,756	16,778	-40,123	47,538	13,299	340	-22,862	23,773	11,970	-1,797	-3,695	9,446	2,844	2,445	4,721	1,811	3,357	1,208	2,189
Prepaid expenses and other assets
-964	572	91	-459	5,076	-2,538	209	-933	5,356	-1,012	807	4,643	2,007	-1,107	-809	3,567	569	-2,544	3,425	384	6	-2,052	3,305	190
Deferred contract acquisition costs
13,719	7,748	8,219	9,819	10,978	10,274	9,971	7,444	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Lease right-of-use assets
-2,212	-2,027	-2,589	-14,923	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
3,179	1,049	676	2,532	-3,605	1,890	844	1,116	-994	-299	-1,186	656	-467	368	-239	996	-1,633	726	520	-387	1,789	-205	336	-908
Accrued compensation and benefits and other liabilities
3,908	861	-248	523	3,768	3,201	3,064	1,506	-363	-311	2,609	177	2,243	4,050	-419	-324	3,137	1,614	1,627	827	1,854	2,219	872	-155
Lease liabilities
-2,562	-655	-2,351	-13,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
79,320	3,792	-22,171	-16,211	64,732	16,188	7,796	-7,157	54,940	12,391	-2,696	-757	33,512	12,515	-1,851	7,505	16,664	12,674	6,744	9,332	5,675	7,902	2,601	2,770
Deferred rent
0	0	0	0	328	-77	464	512	16	-73	-216	-215	1,097	58	1,675	1,319	-68	42	227	-70	275	741	22	8
Net cash provided by operating activities
61,753	-13,838	8,988	36,516	48,623	8,680	7,830	50,384	11,557	7,492	-1,080	17,681	9,591	5,500	431	3,406	1,220	6,915	-1,985	-2,144	-192	-255	-5,775	-7,399
Cash flows from investing activities:
Purchases of property and equipment
8,513	18,135	15,336	16,234	13,588	15,460	7,215	7,040	3,791	3,183	6,980	7,414	4,829	8,111	6,963	1,527	3,613	1,511	3,937	2,671	2,000	4,889	3,354	2,385
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Down payment for property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	148	32
Increase in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,003	-2	-1	28
Purchases of short-term investments
54,009	73,749	114,219	149,102	77,924	85,275	420,050	76,179	50,595	22,948	26,167	28,959	52,653	50,881	40,529	24,875	30,932	26,624	10,276	43,146	-	-	-	-
Proceeds from sale and maturity of short-term investments
103,150	45,030	126,049	121,330	106,420	84,554	50,883	25,800	42,903	31,800	31,478	24,954	49,764	38,698	51,641	35,774	24,705	27,342	14,725	13,625	-	-	-	-
Capitalized software development costs
2,178	1,410	1,670	1,383	1,352	748	1,212	1,850	1,789	1,568	754	732	954	1,342	1,021	712	1,432	1,220	1,887	2,209	2,350	2,224	2,497	1,946
Net cash used in investing activities
38,450	-52,514	-5,176	-45,389	-11,320	-22,485	-377,594	-59,269	-13,272	4,101	-2,423	-12,151	-8,672	-21,636	3,128	8,660	-11,364	-7,511	-4,775	-34,401	-61,909	-46,382	-5,998	-4,391
Cash flows from financing activities:
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $11,582
0	0	0	0	0	0	0	488,669	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of capped call related to convertible senior notes
0	0	0	0	0	0	0	63,182	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuances of preferred stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-4	97,247
Payment of costs related to initial public offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	243	1,087
Proceeds from exercise of employee stock options
5,655	2,923	783	2,271	5,864	2,521	3,204	5,794	4,394	3,106	5,892	11,372	4,437	2,361	6,227	3,675	1,914	3,701	5,328	1,516	295	347	385	182
Net cash provided by financing activities
13,325	2,923	7,694	2,271	12,142	2,521	11,687	431,281	8,957	3,106	8,921	11,372	7,216	2,361	8,731	3,675	4,157	3,701	5,328	1,516	-382	122,007	138	96,342
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect, Total
113,528	-63,429	11,506	-6,602	49,445	-11,284	-358,077	422,396	7,242	14,699	5,418	16,902	8,135	-13,775	12,290	15,741	-5,987	3,105	-1,432	-35,029	-62,483	75,370	-11,635	84,552
Supplemental disclosure of cash flow information:
Cash paid for interest and income taxes
316	1,974	462	1,432	1,379	226	244	213	289	165	94	99	27	124	86	16	-	-	-	-	-	-	-	-
Noncash investing and financing activities:
Property and equipment purchased but not paid yet
-5,601	-5,303	3,507	9,593	2,097	-1,120	5,710	1,168	1,676	-786	522	520	477	-3,274	3,145	2,663	-399	327	-128	1,028	-588	327	-726	1,451
Accrued initial public offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	464	-14	227