| 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 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||||||||||||||||||||
92,380 | 86,840 | 79,702 | 77,646 | 71,296 | 67,177 | 60,541 | 58,574 | 54,808 | 51,703 | 50,116 | 47,625 | 44,534 | 42,155 | 38,305 | 36,005 | 33,759 | 30,408 | 28,018 | 26,284 | 24,157 | 22,148 | 20,989 | 19,158 | 16,834 | 15,669 | 14,325 | 14,044 | 12,834 |
Cost of revenues | ||||||||||||||||||||||||||||
53,107 | 44,802 | 40,447 | 40,052 | 37,184 | 35,435 | 30,140 | 29,303 | 26,977 | 26,572 | 25,813 | 24,328 | 22,772 | 21,146 | 19,599 | 18,870 | 17,814 | 16,583 | 15,135 | 14,138 | 13,272 | 12,869 | 12,143 | 10,830 | 10,212 | 10,879 | 9,167 | 8,408 | 7,807 |
Gross profit | ||||||||||||||||||||||||||||
39,273 | 42,038 | 39,255 | 37,594 | 34,112 | 31,742 | 30,401 | 29,271 | 27,831 | 25,131 | 24,303 | 23,297 | 21,762 | 21,009 | 18,706 | 17,135 | 15,945 | 13,825 | 12,883 | 12,146 | 10,885 | 9,279 | 8,846 | 8,328 | 6,622 | 4,790 | 5,158 | 5,636 | 5,027 |
Operating expenses: | ||||||||||||||||||||||||||||
Sales and marketing | ||||||||||||||||||||||||||||
19,884 | 16,576 | 15,700 | 15,866 | 15,805 | 13,583 | 11,467 | 12,108 | 10,966 | 10,292 | 9,904 | 11,096 | 9,878 | 9,486 | 8,980 | 9,611 | 8,207 | 7,158 | 6,660 | 6,987 | 6,194 | 5,886 | 5,642 | 6,032 | 5,509 | 4,929 | 4,599 | 4,138 | 3,060 |
Research and development | ||||||||||||||||||||||||||||
24,958 | 19,881 | 19,617 | 19,118 | 17,657 | 15,517 | 12,904 | 11,756 | 11,157 | 10,673 | 10,092 | 9,922 | 9,651 | 8,508 | 8,219 | 7,830 | 7,903 | 6,607 | 5,979 | 4,797 | 4,151 | 3,408 | 3,155 | 2,787 | 2,736 | 2,752 | 2,259 | 2,152 | 1,866 |
General and administrative | ||||||||||||||||||||||||||||
19,110 | 15,382 | 13,418 | 14,079 | 13,860 | 12,659 | 11,237 | 10,798 | 10,296 | 9,863 | 9,596 | 9,268 | 8,452 | 8,477 | 8,624 | 7,437 | 7,421 | 6,547 | 5,961 | 5,344 | 5,125 | 4,641 | 4,574 | 4,058 | 3,718 | 3,424 | 3,207 | 2,776 | 2,335 |
Acquisition related costs | ||||||||||||||||||||||||||||
-1,967 | 8,574 | 2,758 | 1,977 | 2,718 | 1,820 | 1,811 | 258 | 256 | 263 | 270 | 351 | 348 | 1,514 | 1,835 | 1,476 | 1,482 | 1,487 | 1,006 | 0 | 0 | - | 0 | - | - | - | - | - | - |
Amortization of acquired intangibles | ||||||||||||||||||||||||||||
4,491 | 3,307 | 912 | 905 | 1,215 | 857 | 251 | 368 | 368 | 368 | 369 | 373 | 371 | 366 | 368 | 368 | 368 | 349 | 227 | 0 | 0 | - | 0 | - | - | - | - | - | - |
Unoccupied lease charges | ||||||||||||||||||||||||||||
- | 176 | 244 | 0 | - | 0 | 0 | 658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33 | 0 | - | 0 | 0 | - | - | - | - | - | - | 88 | 148 | - |
Total operating expenses | ||||||||||||||||||||||||||||
66,476 | 63,896 | 52,649 | 51,945 | 51,255 | 44,436 | 37,670 | 35,946 | 33,043 | 31,459 | 30,231 | 31,010 | 28,700 | 28,351 | 28,026 | 26,755 | 25,381 | 22,148 | 19,833 | 17,128 | 15,470 | 13,935 | 13,371 | 12,877 | 11,963 | 11,105 | 10,153 | 9,214 | 7,261 |
Loss from operations | ||||||||||||||||||||||||||||
-27,203 | -21,858 | -13,394 | -14,351 | -17,143 | -12,694 | -7,269 | -6,675 | -5,212 | -6,328 | -5,928 | -7,713 | -6,938 | -7,342 | -9,320 | -9,620 | -9,436 | -8,323 | -6,950 | -4,982 | -4,585 | -4,656 | -4,525 | -4,549 | -5,341 | -6,315 | -4,995 | -3,578 | -2,234 |
Other income (expense): | ||||||||||||||||||||||||||||
Interest and other income | ||||||||||||||||||||||||||||
456 | 694 | 1,315 | 856 | 807 | - | - | - | - | - | - | - | - | - | - | - | - | 75 | 84 | 77 | 44 | 35 | 25 | 5 | 0 | 0 | 0 | 3 | 3 |
Interest and other expense | ||||||||||||||||||||||||||||
6,921 | 6,682 | 6,521 | 4,073 | 3,014 | - | - | - | - | - | - | - | - | - | - | - | - | 75 | 71 | 65 | 72 | 119 | 107 | 124 | 207 | 162 | 170 | 119 | 54 |
Total other income (expense), net | ||||||||||||||||||||||||||||
-6,465 | -5,988 | -5,206 | -3,217 | -2,207 | -2,345 | -1,877 | -2,105 | -1,023 | 137 | 149 | 109 | 34 | -74 | -64 | -85 | 14 | 0 | 13 | 12 | -28 | -84 | -82 | -119 | -207 | -162 | -170 | -116 | -51 |
Loss before income taxes | ||||||||||||||||||||||||||||
-33,668 | -27,846 | -18,600 | -17,568 | -19,350 | -15,039 | -9,146 | -8,780 | -6,235 | -6,191 | -5,779 | -7,604 | -6,904 | -7,416 | -9,384 | -9,705 | -9,422 | -8,323 | -6,937 | -4,970 | -4,613 | -4,740 | -4,607 | -4,668 | -5,548 | -6,477 | -5,165 | -3,694 | -2,285 |
Benefit from (provision for) income taxes | ||||||||||||||||||||||||||||
440 | -12,180 | -31 | -237 | -39 | -3,176 | -287 | -153 | -187 | -670 | 3 | 217 | 136 | 97 | 97 | 3 | 230 | 97 | 79 | 12 | 32 | 20 | 18 | 15 | 18 | 22 | 14 | 14 | 5 |
Loss from continuing operations | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6,499 | -5,179 | -3,708 | -2,290 |
Loss from discontinued operations, net of tax | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | -199 |
Net loss | ||||||||||||||||||||||||||||
-34,108 | -15,666 | -18,569 | -17,331 | -19,311 | -11,863 | -8,859 | -8,627 | -6,048 | -5,521 | -5,782 | -7,821 | -7,040 | -7,513 | -9,481 | -9,708 | -9,652 | -8,420 | -7,016 | -4,982 | -4,645 | -4,760 | -4,625 | -4,683 | -5,566 | -6,499 | -5,179 | -3,708 | -2,489 |
Other comprehensive loss: | ||||||||||||||||||||||||||||
Unrealized gain (loss) on available-for-sale investments | ||||||||||||||||||||||||||||
-122 | -24 | 37 | 97 | 113 | - | - | - | - | - | - | - | - | - | - | - | - | -76 | 25 | -45 | 9 | 6 | -20 | 0 | 0 | - | 0 | - | - |
Foreign currency translation adjustment | ||||||||||||||||||||||||||||
-55 | -104 | -58 | -22 | 12 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Comprehensive loss | ||||||||||||||||||||||||||||
-34,285 | -15,794 | -18,590 | -17,256 | -19,186 | - | - | - | - | - | - | - | - | - | - | - | - | -8,496 | -6,991 | -5,027 | -4,636 | -4,754 | -4,645 | -4,683 | -5,566 | - | -5,179 | - | - |
Loss from continuing operations per share, basic and diluted (dollars per share) | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.55 | -0.43 | -0.31 | -0.20 |
Loss from discontinued operations per share, basic and diluted (dollars per share) | ||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | -0.02 |
Net loss per common share, basic and diluted (usd per share) | ||||||||||||||||||||||||||||
-0.70 | -0.32 | -0.39 | -0.39 | -0.44 | -0.27 | -0.21 | -0.20 | -0.14 | -0.13 | -0.14 | -0.19 | -0.17 | - | - | - | - | -0.22 | -0.19 | -0.13 | -0.13 | 0.00 | -0.14 | -0.14 | -0.39 | -0.55 | -0.43 | -0.31 | -0.22 |
Weighted average common shares outstanding: | ||||||||||||||||||||||||||||
Basic and diluted (in shares) | ||||||||||||||||||||||||||||
48,581 | 48,235 | 47,793 | 44,991 | 43,773 | - | - | - | - | - | - | - | - | - | - | - | - | 38,797 | 37,438 | 37,232 | 35,633 | 34,682 | 34,171 | 34,068 | 14,107 | 12,089 | 12,045 | 11,901 | 11,429 |