| Nov'19 | Aug'19 | May'19 | Feb'19 | Oct'18 | Aug'18 | May'18 |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-33,107 | -28,106 | -31,783 | -38,934 | -34,805 | -35,602 | -32,557 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization of intangible assets | ||||||
4,309 | 4,336 | 4,098 | 4,334 | 4,470 | 4,599 | 4,755 |
Amortization of lease right-of-use assets and other expense | ||||||
7,529 | 7,804 | 7,613 | - | - | - | - |
Stock-based compensation expense | ||||||
26,164 | 25,427 | 21,970 | 19,800 | 19,428 | 19,044 | 10,761 |
Provision for doubtful accounts | ||||||
809 | -257 | 60 | -257 | 1,742 | 388 | 231 |
Deferred income taxes | ||||||
46 | -12 | -91 | -3 | 258 | 64 | -469 |
Gain on sale of investment | ||||||
0 | 0 | 746 | 0 | 0 | 0 | 3,234 |
Other | ||||||
171 | 16 | -513 | 21 | -30 | -1,449 | -12 |
Changes in assets and liabilities | ||||||
Accounts receivable | ||||||
34,345 | 5,003 | -190,569 | 143,755 | 32,445 | -46,454 | -29,886 |
Due from Parent | ||||||
-1,154 | 265 | 1,965 | -508 | -273 | 7 | 229 |
Deferred sales commissions | ||||||
1,325 | 348 | -6,453 | 17,965 | -2,425 | -3,075 | -1,197 |
Other assets | ||||||
4,341 | -1,075 | -1,713 | -192 | 301 | 3,920 | -1,463 |
Accounts payable | ||||||
4,299 | -4,948 | -2,202 | 3,398 | -1,494 | 3,984 | -4,531 |
Due to Parent | ||||||
2,535 | -1,653 | -6,466 | - | -152 | -2,130 | -1,055 |
Deferred revenue | ||||||
-23,528 | -56,667 | -49,609 | 159,533 | 365 | -31,218 | 20,664 |
Accrued expenses | ||||||
-5,526 | 12,885 | -16,801 | 17,654 | 27 | 5,692 | -21,905 |
Operating lease liabilities | ||||||
-8,269 | -7,024 | -7,787 | - | - | - | - |
Other liabilities | ||||||
5,066 | -5,695 | 6,668 | -5,738 | 4,011 | 6,497 | -538 |
Net cash provided by (used in) operating activities | ||||||
-58,701 | -58,467 | 122,207 | 7,993 | -36,168 | 18,369 | 4,451 |
Cash flows from investing activities: | ||||||
Additions to property, plant and equipment | ||||||
2,286 | 2,732 | 2,204 | 2,482 | 2,877 | 2,173 | 1,879 |
Proceeds from sale of investment | ||||||
0 | 0 | 1,929 | 6,468 | 0 | -6,468 | 3,234 |
Net cash used in investing activities | ||||||
-2,286 | -2,732 | -275 | -2,482 | -2,877 | -2,173 | 1,355 |
Cash flows from financing activities: | ||||||
Proceeds from the initial public offering, net of issuance costs paid | ||||||
0 | 0 | 0 | -253 | 0 | -2,580 | 547,254 |
Proceeds from the issuance of common stock | ||||||
48,630 | 5,962 | 30,580 | 19,584 | 32,428 | 2,814 | 6,610 |
Contribution from Dell | ||||||
26,500 | 0 | 0 | 3,009 | 0 | 9,300 | 31,977 |
Proceeds from Lines of Credit | ||||||
0 | 0 | 0 | 0 | 0 | 0 | 15,000 |
Repayments of Lines of Credit | ||||||
0 | 0 | 0 | 0 | 0 | 0 | 35,000 |
Net cash provided by financing activities | ||||||
75,130 | 14,929 | 30,580 | 31,711 | 32,428 | 9,534 | 565,841 |
Effect of exchange rate changes on cash and cash equivalents | ||||||
-636 | 487 | -30 | -293 | -287 | 512 | 807 |
Net increase in cash and cash equivalents | ||||||
13,507 | -45,783 | 152,482 | 36,929 | -6,904 | 26,242 | 572,454 |
Supplemental disclosure of non-cash operating: | ||||||
Operating right-of-use assets obtained in exchange for lease liabilities | ||||||
1,318 | 4,315 | 2,472 | - | - | - | - |
Supplemental disclosure of non-cash financing | ||||||
Initial public offering issuance costs unpaid | ||||||
- | - | 0 | - | - | - | 2,834 |
Investment from Dell included in Due from Parent | ||||||
- | 400 | 26,500 | - | - | - | 9,500 |