| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||
Net income (loss) | ||||||||
-1,461,147 | -1,361,371 | -1,278,637 | -1,172,779 | -51,685 | -62,974 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
33,841 | 27,791 | 24,940 | 22,764 | 21,768 | 20,859 | 0 | 0 | 0 |
Share-based compensation | ||||||||
1,458,111 | 1,377,781 | 1,267,759 | 1,141,359 | 10,719 | 14,859 | 0 | 0 | 0 |
Other | ||||||||
278 | 3,990 | 3,065 | 2,973 | 620 | -1,027 | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
54,562 | 94,224 | 71,785 | 81,078 | 64,074 | 86,094 | 0 | 0 | 0 |
Prepaid expenses and other assets | ||||||||
-13,275 | -7,161 | -1,197 | -665 | -11,550 | -18,142 | 0 | 0 | 0 |
Operating lease right-of-use assets | ||||||||
-36,830 | -32,378 | -26,689 | -23,469 | -20,368 | -18,492 | 0 | 0 | 0 |
Accounts payable | ||||||||
6,768 | 11,636 | 9,705 | 10,436 | 9,530 | 6,533 | 0 | 0 | 0 |
Accrued expenses and other liabilities | ||||||||
29,009 | 31,890 | 20,100 | 30,942 | 21,616 | 26,336 | 0 | 0 | 0 |
Operating lease liabilities | ||||||||
-37,022 | -28,395 | -24,627 | -20,722 | -19,953 | -17,549 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||
24,825 | 657 | -27,724 | -47,917 | -40,781 | -60,369 | 0 | 0 | 0 |
Investing activities | ||||||||
Purchases of property and equipment and intangible assets | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Purchases of property and equipment and intangible assets | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Purchases of marketable securities | ||||||||
1,219,516 | 1,075,875 | 619,305 | 379,601 | 549,094 | 518,711 | 0 | 0 | 0 |
Sales of marketable securities | ||||||||
205,288 | 162,198 | 96,032 | 112,228 | 86,926 | 94,381 | 0 | 0 | 0 |
Maturities of marketable securities | ||||||||
526,150 | 360,959 | 390,934 | 389,347 | 503,542 | 561,087 | 0 | 0 | 0 |
Other investing activities | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||
-524,844 | -586,501 | -157,830 | 100,951 | 23,214 | 114,063 | 0 | 0 | 0 |
Financing activities | ||||||||
Proceeds from exercise of stock options, net | ||||||||
61,581 | 41,344 | 867 | 512 | 346 | 671 | 0 | 0 | 0 |
Shares repurchased for tax withholdings on release of restricted stock units | ||||||||
519,105 | 475,015 | 0 | 0 | 0 | - | - | - | - |
Other financing activities | ||||||||
0 | - | - | - | 0 | - | - | - | 0 |
Net cash used in financing activities | ||||||||
1,107,624 | 1,128,198 | 1,134,910 | 1,258,047 | -5,820 | -2,216 | 0 | 0 | 0 |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ||||||||
-123 | 99 | -296 | -64 | -197 | -157 | 0 | 0 | 0 |
Net increase in cash, cash equivalents, and restricted cash | ||||||||
607,482 | 542,453 | 949,060 | 1,311,017 | -23,584 | 51,321 | 0 | 0 | 0 |
Supplemental cash flow information | ||||||||
Accrued property and equipment | ||||||||
8,119 | 4,772 | 0 | 0 | 0 | - | - | - | - |
Operating lease right-of-use assets obtained in exchange for operating lease liabilities | ||||||||
54,767 | 76,387 | 0 | 0 | 0 | - | - | - | - |