| Jan'20 | Oct'19 | Jul'19 | Apr'19 | Jan'19 | Oct'18 | Jul'18 | Apr'18 | Jan'18 | Oct'17 | Jul'17 | Apr'17 | Jan'17 | Oct'16 | Jul'16 | Apr'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||
Net loss | |||||||||||||||
-50,472 | -63,495 | -42,980 | -51,966 | -30,811 | -29,517 | -39,207 | -25,962 | -23,045 | -33,066 | -26,032 | -27,706 | -9,771 | -21,931 | -20,601 | -22,753 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | |||||||||||||||
Stock-based compensation | |||||||||||||||
36,933 | 35,732 | 31,274 | 22,685 | 22,421 | 21,542 | 18,222 | 14,135 | 14,568 | 14,408 | 11,978 | 8,906 | 5,258 | 4,836 | 3,664 | 3,369 |
Depreciation, amortization and accretion | |||||||||||||||
5,479 | 4,420 | 4,517 | 3,399 | 2,177 | 2,125 | 1,630 | 2,069 | 1,890 | 1,823 | 1,713 | 1,575 | 1,391 | 1,205 | 1,085 | 887 |
Amortization of debt discount and issuance costs | |||||||||||||||
10,239 | 7,540 | 4,088 | 4,025 | 3,964 | 3,902 | 3,842 | 2,571 | 0 | 0 | 0 | 0 | - | - | - | - |
Amortization of deferred commissions | |||||||||||||||
8,047 | 7,349 | 6,864 | 6,328 | 5,889 | 5,350 | 5,041 | 4,572 | 4,269 | 3,905 | 4,844 | 2,162 | 540 | 3,537 | 3,336 | 3,053 |
Deferred income taxes | |||||||||||||||
816 | -12 | -1,688 | -1,369 | 1,504 | -694 | -1,227 | -348 | 426 | -960 | 0 | 0 | - | - | - | - |
Other, net | |||||||||||||||
214 | 0 | -184 | 100 | -487 | -135 | 143 | -161 | 278 | -308 | -419 | -270 | -402 | -287 | -16 | 130 |
Changes in operating assets and liabilities: | |||||||||||||||
Accounts receivable | |||||||||||||||
28,122 | 13,852 | 4,838 | -9,297 | 22,143 | 10,299 | 8,959 | -1,719 | 5,579 | 11,431 | 3,554 | -2,243 | 8,387 | 4,296 | 2,400 | -3,090 |
Deferred commissions | |||||||||||||||
-24,583 | -15,269 | -11,577 | -9,795 | -15,435 | -11,667 | -8,547 | -5,693 | -10,756 | -6,713 | -6,484 | -3,033 | -12,889 | -5,085 | -3,366 | -2,756 |
Prepaid expenses and other assets | |||||||||||||||
2,562 | 3,052 | 4,441 | -5,975 | 7,512 | 3,444 | -4,511 | 3,889 | 7,047 | -2,547 | 1,144 | 3,756 | 912 | -1,091 | 527 | 2,876 |
Operating lease right-of-use assets | |||||||||||||||
-5,100 | -1,662 | -3,123 | -3,066 | -5,030 | -4,669 | -2,976 | -4,564 | - | - | - | - | - | - | - | - |
Accounts payable | |||||||||||||||
-273 | 594 | -272 | 1,640 | -1,103 | -1,101 | 160 | 607 | -8,719 | 3,523 | -504 | 3,236 | -924 | 803 | -2,031 | 3,681 |
Accrued compensation | |||||||||||||||
5,682 | 12,635 | 574 | 4,143 | -544 | 7,475 | 169 | 329 | -2,349 | 3,369 | 4,683 | -2,121 | 3,235 | 1,633 | -46 | -2,855 |
Accrued expenses and other liabilities | |||||||||||||||
5,955 | 2,713 | -1,984 | 3,288 | 3,941 | -202 | 3,084 | -1,023 | 7,346 | 56 | -1,924 | 323 | 2,128 | 428 | 13 | -182 |
Operating lease liabilities | |||||||||||||||
-5,588 | -3,969 | -120 | -39 | -1,028 | -1,060 | -1,600 | -2,954 | - | - | - | - | - | - | - | - |
Deferred revenue | |||||||||||||||
57,695 | 22,562 | 15,490 | 20,685 | 43,267 | 19,225 | 13,697 | 13,114 | 27,626 | 12,052 | 9,767 | 8,215 | 13,227 | 8,837 | 9,019 | 2,437 |
Net cash provided by (used in) operating activities | |||||||||||||||
24,835 | 10,640 | -1,134 | 21,262 | 10,104 | 6,439 | -5,343 | 3,972 | 155 | -9,471 | -6,238 | -9,686 | -6,702 | -8,526 | -11,838 | -15,035 |
Cash flows from investing activities: | |||||||||||||||
Purchases of property and equipment | |||||||||||||||
5,462 | 63 | 2,207 | 7,710 | 5,558 | 4,463 | 5,313 | 4,477 | 980 | 414 | 2,708 | 2,448 | 1,606 | 1,618 | 2,102 | 927 |
Purchases of securities available for sale and other | |||||||||||||||
677,925 | 83,769 | 91,148 | 146,545 | 153,350 | 158,120 | 67,104 | 252,914 | 33,742 | 8,568 | 86,776 | 0 | - | - | - | - |
Proceeds from maturities and redemption of securities available for sale | |||||||||||||||
111,884 | 108,049 | 75,100 | 61,244 | 79,000 | 140,150 | 60,000 | 19,500 | 17,840 | 9,150 | 2,500 | 10,335 | 7,500 | 0 | 2,000 | 3,000 |
Proceeds from sales of securities available for sale and other | |||||||||||||||
9,942 | 0 | 5,333 | 11,996 | 160,602 | 12,470 | 0 | 0 | 0 | 0 | 0 | 1,538 | 0 | 4,000 | 2,207 | 0 |
Purchase of intangible assets | |||||||||||||||
89 | 0 | 8,131 | 369 | 0 | 0 | -1,051 | 1,051 | -4,072 | 1,329 | 1,535 | 1,208 | 1,497 | 1,667 | 1,093 | 1,232 |
Payments to Acquire Businesses, Net of Cash Acquired | |||||||||||||||
60 | 0 | 0 | 44,223 | 16 | -22 | 15,638 | 0 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||||||||
-562,939 | 22,888 | -22,383 | -125,607 | 80,896 | -10,545 | -28,729 | -238,942 | -18,241 | -1,161 | -88,519 | 8,217 | 4,397 | 715 | 1,012 | 841 |
Cash flows from financing activities: | |||||||||||||||
Proceeds from initial public offering, net of underwriters' discounts and commissions | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | -49 | 199,997 | 0 | 0 | 0 | 0 |
Proceeds from issuance of convertible senior notes, net of issuance costs | |||||||||||||||
-100 | 1,040,760 | 0 | 0 | 0 | 0 | -75 | 335,055 | 0 | 0 | 0 | 0 | - | - | - | - |
Purchases of hedges related to 2023 convertible senior notes | |||||||||||||||
- | - | 0 | 0 | - | - | 0 | 80,040 | 0 | 0 | 0 | 0 | - | - | - | - |
Proceeds from issuance of warrants related to 2023 convertible senior notes | |||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,440 | 0 | 0 | 0 | 0 | - | - | - | - |
Payments of deferred offering costs | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 1,792 | 2,246 | 594 | 184 | 416 | 390 |
Proceeds from stock option exercises, net of repurchases | |||||||||||||||
8,992 | 8,918 | 14,065 | 13,388 | 8,337 | 7,469 | 8,859 | 12,196 | 7,846 | 21,884 | 1,352 | 2,564 | 772 | 1,005 | 536 | 124 |
Other, net | |||||||||||||||
0 | 0 | 0 | -126 | 0 | 0 | 0 | -206 | -860 | 70 | 66 | 207 | -609 | 70 | 72 | 71 |
Net cash provided by financing activities | |||||||||||||||
18,654 | 798,399 | 23,070 | 13,262 | 15,410 | 7,469 | 15,438 | 319,445 | 16,041 | 21,814 | -555 | 200,108 | -5 | 751 | 48 | -337 |
Effects of changes in foreign currency exchange rates on cash, cash equivalents and restricted cash | |||||||||||||||
32 | 946 | -905 | -282 | 358 | -358 | -245 | -387 | 434 | -81 | 66 | 68 | 24 | -90 | -101 | 47 |
Net increase in cash, cash equivalents and restricted cash | |||||||||||||||
-519,418 | 832,873 | -1,352 | -91,365 | 106,768 | 3,005 | -18,879 | 84,088 | -1,611 | 11,101 | -95,246 | 198,707 | -2,286 | -7,150 | -10,879 | -14,484 |
Supplementary cash flow disclosure: | |||||||||||||||
Non-cash investing and financing activities: | |||||||||||||||
Vesting of early exercised common stock options | |||||||||||||||
0 | 0 | 242 | 128 | 134 | 170 | 216 | 243 | 349 | 293 | 365 | 328 | 300 | 290 | 351 | 356 |
Issuance of common stock in connection with warrant exercises | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 272 | 0 | 0 | 0 | 0 |
Operating lease right-of-use assets exchanged for lease obligations | |||||||||||||||
1,875 | 13,292 | 0 | 1,665 | 1,487 | 562 | 106,201 | 19,325 | - | - | - | - | - | - | - | - |
Deferred offering costs, accrued but not yet paid | |||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,772 | 1,668 | 231 | 82 | 125 |
Property and equipment acquired through tenant improvement allowances | |||||||||||||||
-1,378 | 1,682 | 0 | 0 | -1 | 0 | 18,908 | 3,329 | 0 | 0 | 0 | 0 | - | - | - | - |
Property and equipment and other accrued but not yet paid | |||||||||||||||
-72 | 325 | -322 | 924 | 5,794 | 826 | 458 | 147 | -599 | 439 | -1,660 | 1,931 | 377 | 3 | -196 | 1,183 |
Bonus settled through the issuance of common stock | |||||||||||||||
0 | 0 | 0 | 2,809 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Issuance of common stock in connection with business combination | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 2,160 | 0 | 0 | 0 | 0 |
Conversion of redeemable convertible preferred stock to common stock | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 228,362 | 0 | 0 | 0 | 0 |