| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net loss | ||||||||||
-5,418 | -7,716 | -1,337 | 9,103 | 12,407 | 18,462 | 20,929 | 37,211 | 1,880 | 22 | - |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||||
Net income (loss) | ||||||||||
- | - | - | - | - | - | - | - | - | - | -18,072 |
Depreciation and amortization | ||||||||||
6,029 | 4,967 | 4,789 | 3,584 | 2,646 | 2,010 | 1,385 | 515 | 459 | 834 | 1,421 |
Stock-based compensation expense | ||||||||||
11,423 | 10,295 | 11,810 | 11,002 | 9,756 | 8,547 | 6,693 | 4,891 | 4,791 | 5,313 | 4,908 |
Impairment of deferred cost | ||||||||||
- | - | - | - | - | 1,892 | 0 | - | - | - | - |
Amortization of acquired intangible assets | ||||||||||
1,183 | 1,010 | 869 | 805 | 372 | 31 | 74 | 434 | 830 | 1,580 | 1,788 |
Amortization of costs capitalized to obtain revenue contracts | ||||||||||
448 | 381 | - | - | - | - | - | - | - | - | - |
Loss on disposal and write-down in value of property and equipment | ||||||||||
- | - | -6 | -107 | - | - | - | - | - | - | - |
Adjustment to contingent consideration related to acquisition | ||||||||||
36 | 114 | - | - | 500 | 0 | 0 | - | - | - | - |
Purchases of treasury stock in connection with tax withholdings on restricted stock grants | ||||||||||
- | - | - | - | - | - | - | - | - | 583 | -313 |
Reversal of allowance for doubtful accounts | ||||||||||
- | -42 | 174 | -99 | -82 | 27 | 3 | 97 | - | - | - |
Deferred taxes | ||||||||||
-4,532 | -4,171 | -504 | 216 | 1,563 | 2,886 | 5,539 | -20,060 | 21 | -594 | 165 |
Loss on disposal and write-down in value of property and equipment | ||||||||||
-130 | -230 | - | - | -2 | 242 | 7 | -45 | - | - | -152 |
Unrealized gain on foreign currency forward contract | ||||||||||
- | -67 | 27 | 47 | -12 | -50 | 0 | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||
Tax benefit related to stock-based compensation expense | ||||||||||
- | - | - | - | 1,095 | 1,747 | 362 | 149 | - | - | - |
Gain on sale of investments | ||||||||||
- | - | - | - | - | - | - | 50 | - | - | - |
Net impairment of investments | ||||||||||
- | - | - | - | - | - | - | 75 | - | - | - |
Excess tax benefit from stock-based compensation expense | ||||||||||
- | - | - | - | 1,034 | 1,635 | 353 | 114 | - | - | - |
Gain on debt extinguishment | ||||||||||
- | - | - | - | - | - | - | - | - | - | 393 |
Accounts receivable | ||||||||||
-10,919 | -6,828 | 9,581 | 14,620 | -4,373 | 2,892 | 636 | 12,150 | -1,268 | 3,633 | -5,180 |
Prepaid expenses and other current assets | ||||||||||
810 | 2,496 | -373 | 1,688 | 583 | 1,174 | 1,053 | 1,250 | 210 | -161 | -1,778 |
Operating lease right-of-use assets | ||||||||||
-1,394 | - | - | - | - | - | - | - | - | - | - |
Taxes Payable | ||||||||||
- | - | - | - | - | 0 | - | - | - | - | - |
Other non-current assets | ||||||||||
-758 | -3,560 | -2,103 | 10,988 | 498 | -517 | - | - | - | - | - |
Accounts payable | ||||||||||
807 | -1,406 | 1,963 | 85 | -684 | -1,516 | -566 | 722 | -367 | 20 | -392 |
Accrued compensation and related benefits | ||||||||||
261 | -1,609 | 249 | 1,178 | -1,353 | -1,421 | -3,216 | 5,669 | 1,074 | -404 | -2,096 |
Accrued and other liabilities | ||||||||||
-597 | 240 | 72 | -231 | 166 | 7 | -913 | 13 | -1,136 | -1,240 | 107 |
Deferred revenues | ||||||||||
3,410 | 2,451 | -326 | 4,772 | 411 | 1,713 | -1,131 | 352 | -32 | 1,400 | -42 |
Billings in excess of recognized revenues | ||||||||||
482 | 635 | -88 | -1,179 | 1,267 | -343 | -464 | -1,282 | 287 | -151 | 1,206 |
Operating lease liabilities | ||||||||||
-1,333 | - | - | - | - | - | - | - | - | - | - |
Net cash provided by (used in) operating activities | ||||||||||
24,590 | 13,338 | 10,545 | 2,000 | 30,336 | 28,666 | 25,363 | 14,756 | 8,213 | 2,725 | -4,603 |
Proceeds from the sale of investments | ||||||||||
- | - | - | - | - | - | - | 975 | - | - | - |
Proceeds from the sale of property and equipment | ||||||||||
- | - | - | - | - | 285 | 0 | - | - | - | - |
Maturities and sales of available-for-sale securities | ||||||||||
- | - | - | - | - | - | - | - | - | - | 9,054 |
Purchases of property and equipment | ||||||||||
10,552 | 13,116 | 10,255 | 11,282 | 4,784 | 3,958 | 4,628 | 2,334 | 405 | 121 | 569 |
Purchases of intangible asset | ||||||||||
- | - | - | - | 400 | 0 | 0 | - | - | - | - |
Payments of business acquisitions, net of cash acquired | ||||||||||
2,660 | - | 3,841 | - | 5,152 | 0 | 0 | - | - | - | - |
Cash used in investing activities | ||||||||||
-13,212 | -13,116 | -14,096 | -11,282 | -10,336 | -3,673 | -4,628 | -1,359 | -405 | -121 | 8,485 |
Cash flows from financing activities: | ||||||||||
Payment of contingent consideration related to acquisition | ||||||||||
206 | 244 | - | - | - | - | - | - | - | - | - |
Payments of obligations assumed in business acquisition | ||||||||||
- | - | - | - | 347 | 0 | 0 | - | - | - | - |
Proceeds from exercise of stock options | ||||||||||
1,161 | 560 | 2,822 | 2,972 | 5,039 | 3,225 | 5,339 | 5,527 | 2,304 | 51 | - |
Repurchases of common stock | ||||||||||
9,639 | 5,248 | 13,418 | 2,182 | 14,525 | 3,566 | - | 4,368 | 2,949 | - | - |
Proceeds from employee stock purchase plan | ||||||||||
1,534 | 1,831 | 1,865 | 1,557 | 1,379 | 1,437 | 1,317 | 977 | 865 | 782 | 570 |
Excess tax benefit from stock-based compensation expense | ||||||||||
- | - | - | - | 1,034 | 1,635 | 353 | 114 | - | - | - |
Payments for taxes related to net share settlement of equity awards | ||||||||||
2,685 | 2,101 | 3,493 | 2,317 | 1,810 | 1,577 | 1,283 | 511 | 652 | - | - |
Principal payments on long-term obligations | ||||||||||
- | - | - | - | - | - | - | - | 112 | 107 | 267 |
Net cash used in financing activities | ||||||||||
-9,835 | -5,202 | -12,224 | 30 | -9,230 | 1,154 | 7,009 | 2,250 | 108 | 726 | 303 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
-27 | -198 | 255 | -119 | -76 | -54 | -10 | -51 | -29 | -75 | -972 |
Net change in cash and cash equivalents | ||||||||||
1,516 | -5,178 | -15,520 | -9,371 | 10,694 | 26,093 | 27,734 | 15,596 | 7,887 | 3,255 | 3,213 |
Supplemental disclosure of cash flow information: | ||||||||||
Cash paid during the period for taxes | ||||||||||
2,693 | 2,582 | 2,244 | 3,635 | 4,983 | 4,222 | 4,747 | 1,665 | 2,065 | 2,107 | 1,604 |
Cash paid for amounts included in the measurement of operating lease liabilities | ||||||||||
1,775 | - | - | - | - | - | - | - | - | - | - |
Supplemental disclosure of noncash information: | ||||||||||
Stock-based compensation capitalized as software development costs | ||||||||||
309 | - | - | - | - | - | - | - | - | - | - |
Property and equipment received and accrued in accounts payable and accrued and other liabilities | ||||||||||
1,107 | 2,101 | 1,235 | 666 | 212 | 212 | 312 | 486 | 34 | - | - |
Advances for purchase of fixed assets transferred from prepaid assets to property and equipment | ||||||||||
1,416 | - | - | - | - | - | - | - | - | - | - |
Operating lease liabilities arising from obtaining right-of-use assets | ||||||||||
333 | - | - | - | - | - | - | - | - | - | - |
Interest | ||||||||||
- | - | - | - | 16 | 0 | 0 | - | 7 | 9 | 19 |
Tenant allowance paid by landlord for leasehold improvements | ||||||||||
- | 1,536 | - | - | - | - | - | - | - | - | - |
Common shares repurchased from a cashless exercise of stock options | ||||||||||
128 | - | - | - | - | - | - | - | - | - | - |