| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-59,937 | -8,857 | -63,509 | -42,758 | -40,611 | ||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
15,669 | 8,389 | 5,336 | 5,302 | 2,555 | ||
Stock-based compensation expense | ||||||
85,175 | 37,674 | 10,953 | 8,206 | 5,284 | ||
Provision for doubtful accounts | ||||||
704 | 876 | 104 | 336 | 663 | ||
Change in fair value of preferred stock warrant liability | ||||||
- | - | 40,333 | -888 | 1,768 | ||
Non-cash interest expense | ||||||
531 | 342 | 784 | 115 | 354 | ||
(Gain) Loss from exit of facilities and disposal of property and equipment | ||||||
2 | -1,128 | -579 | - | - | ||
Loss from exit of facilities | ||||||
- | - | - | -3,804 | - | ||
Loss on disposals of property and equipment | ||||||
- | - | - | -29 | -137 | ||
Loss from extinguishment of debt | ||||||
- | - | -2,338 | - | - | ||
Write-off of deferred initial public offering costs | ||||||
- | - | - | 594 | 1,609 | ||
Impairment of long-lived assets | ||||||
854 | 352 | - | 320 | - | ||
Amortization of premiums on short-term investments | ||||||
282 | 357 | - | - | - | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
110,225 | 50,673 | 41,184 | 26,354 | 14,118 | ||
Inventories | ||||||
14,129 | 2,953 | -10,828 | 13,256 | 3,754 | ||
Prepaid expenses and other current assets | ||||||
11,566 | 306 | 6,514 | 544 | 1,887 | ||
Operating lease right-of-use assets | ||||||
-22,328 | - | - | - | - | ||
Deferred cost of revenue | ||||||
-1,143 | -2,261 | 1,959 | 2,885 | 3,017 | ||
Other noncurrent assets | ||||||
3,060 | 732 | 2,794 | -448 | -1,179 | ||
Accounts payable | ||||||
9,409 | -98 | 24,315 | -2,808 | 4,724 | ||
Accrued liabilities | ||||||
79,058 | 17,914 | 24,127 | 17,796 | 2,802 | ||
Operating lease liabilities | ||||||
11,658 | - | - | - | - | ||
Other long-term liabilities | ||||||
-3,024 | -1,101 | 3,579 | 294 | 1,391 | ||
Deferred revenue | ||||||
-10,597 | 10,063 | 29,976 | 19,786 | 8,317 | ||
Net cash provided by (used in) operating activities | ||||||
13,707 | 13,922 | 37,292 | -32,463 | -32,604 | ||
Purchase of property and equipment | ||||||
77,180 | 18,327 | 9,229 | 8,596 | 5,019 | ||
Purchase of business, net of cash acquired | ||||||
68,132 | - | 2,959 | - | - | ||
Purchase of intangible assets | ||||||
7,428 | - | - | - | - | ||
Purchases of short-term investments | ||||||
12,365 | 53,806 | - | - | - | ||
Sales/maturities of short-term investments | ||||||
54,810 | 12,000 | - | - | - | ||
Change in deposits | ||||||
- | - | -80 | 29 | -186 | ||
Net cash provided by (used in) investing activities | ||||||
-110,295 | -60,133 | -12,268 | -8,567 | -5,205 | ||
Payments of costs related to initial public offering | ||||||
- | - | - | 594 | 1,120 | ||
Proceeds from borrowing, net of issuance costs | ||||||
99,608 | - | 24,691 | 15,000 | 15,000 | ||
Repayments made on borrowings | ||||||
- | - | 40,446 | 15,000 | 2,576 | ||
Holdback payment for a prior business acquisition | ||||||
- | 500 | - | - | - | ||
Proceeds from equity issued under incentive plans | ||||||
28,181 | 25,025 | 1,773 | 438 | 839 | ||
Proceeds from exercise of preferred stock warrants | ||||||
- | - | - | - | 972 | ||
Proceeds from issuance of convertible preferred stock | ||||||
- | - | - | - | 45,500 | ||
Net cash provided by financing activities | ||||||
458,328 | 24,525 | 117,664 | -156 | 58,547 | ||
Net Increase in cash, cash equivalents and restricted cash | ||||||
361,740 | -21,686 | 142,688 | -41,186 | 20,738 | ||
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||
29 | - | - | - | - | ||
Supplemental disclosures of cash flow information: | ||||||
Cash paid for interest | ||||||
3,095 | 493 | 1,149 | 236 | 273 | ||
Cash paid for income taxes | ||||||
759 | 564 | 222 | 121 | 83 | ||
Supplemental disclosures of non-cash investing and financing activities: | ||||||
Issuance of common stock for business combinations | ||||||
69,684 | - | - | - | - | ||
Unpaid portion of property and equipment purchases | ||||||
10,762 | 1,617 | 1,250 | 306 | 1,608 | ||
Unpaid portion of acquisition related expenses | ||||||
2,190 | - | - | - | - | ||
Unpaid portion of purchased intangibles | ||||||
400 | - | - | - | - | ||
Unpaid portion of at-the-market offering costs | ||||||
144 | - | - | - | - | ||
Fair value of preferred stock warrants reclassified to additional paid in capital | ||||||
- | - | 52,355 | - | 1,677 | ||
Issuance of convertible preferred stock warrants in connection with debt | ||||||
- | - | 2,032 | - | 68 | ||
At-the-Market Offerings | ||||||
Proceeds from issuance of common stock, net of issuance costs | ||||||
330,539 | - | - | - | - | ||
Initial Public Offering | ||||||
Proceeds from issuance of common stock, net of issuance costs | ||||||
- | - | 131,646 | - | - | ||