| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net loss | ||||||||||||
-54,612 | -15,717 | -25,155 | -9,333 | -9,732 | 6,778 | -9,527 | 526 | -6,634 | 6,941 | -46,235 | -15,513 | -8,702 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
8,448 | 6,499 | 3,493 | 2,828 | 2,849 | 2,565 | 2,218 | 1,950 | 1,656 | 1,453 | 1,303 | 1,333 | 1,247 |
Stock-based compensation expense | ||||||||||||
30,405 | 26,022 | 22,618 | 18,671 | 17,864 | 16,437 | 11,499 | 5,309 | 4,429 | 3,436 | 2,924 | 2,418 | 2,175 |
Provision for doubtful accounts | ||||||||||||
3,788 | 590 | 61 | -128 | 181 | 121 | 469 | 85 | 201 | 87 | -277 | 133 | 161 |
Change in fair value of preferred stock warrant liability | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 37,682 | 1,916 | 735 |
Non-cash interest expense | ||||||||||||
- | 60 | 59 | 68 | 344 | - | - | - | - | 116 | 368 | 280 | 20 |
Loss from exit of facilities | ||||||||||||
- | - | - | - | - | - | -65 | -256 | -129 | - | - | - | - |
Amortization of premiums on short-term investments | ||||||||||||
- | 2 | 15 | 83 | 182 | - | - | - | - | - | - | - | - |
Other items, net | ||||||||||||
-14 | - | - | - | - | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
-32,458 | 97,145 | -7,932 | 29,714 | -8,702 | 49,304 | 10,752 | 17,603 | -26,986 | 35,647 | 28,376 | -4,588 | -18,251 |
Inventories | ||||||||||||
-5,736 | -23,817 | 34,088 | 6,045 | -2,187 | -33,218 | 29,372 | 1,369 | 5,430 | -2,710 | 8,368 | -10,774 | -5,712 |
Prepaid expenses and other current assets | ||||||||||||
13,814 | -3,704 | 9,893 | -2,739 | 8,116 | 1,663 | -1,048 | -11,952 | 11,643 | 3,647 | 769 | -474 | 2,572 |
Operating lease right-of-use assets | ||||||||||||
-9,213 | -8,725 | -5,865 | -4,298 | -3,440 | - | - | - | - | - | - | - | - |
Deferred cost of revenue | ||||||||||||
- | 0 | 1 | -592 | -552 | -316 | 65 | 80 | -2,090 | 987 | -1,643 | 2,190 | 425 |
Other noncurrent assets | ||||||||||||
-1,469 | 3,016 | 54 | 675 | -685 | -366 | -235 | 980 | 353 | -3,076 | 3,067 | -146 | 2,949 |
Accounts payable and accrued liabilities | ||||||||||||
10,117 | - | 37,193 | 50,861 | -18,606 | - | 35,943 | -526 | -18,474 | - | 41,553 | -3,593 | -2,892 |
Operating lease liabilities | ||||||||||||
13,560 | 10,802 | 5,261 | -1,914 | -2,491 | - | - | - | - | - | - | - | - |
Other long-term liabilities | ||||||||||||
1,166 | -385 | -1,442 | -616 | -581 | -560 | 17 | -440 | -118 | -831 | 852 | -239 | 3,797 |
Deferred revenue | ||||||||||||
-1,979 | 5,603 | -1,600 | -6,800 | -7,800 | 13,117 | 333 | 4,089 | -7,476 | 13,388 | 1,511 | 3,396 | 11,681 |
Net cash provided by (used in) operating activities | ||||||||||||
45,941 | -10,580 | 10,253 | 24,738 | -10,704 | 23,219 | 2,171 | 3,169 | -14,637 | 6,100 | 979 | 3,974 | 26,239 |
Purchase of property and equipment | ||||||||||||
45,317 | 39,126 | 14,883 | 18,100 | 5,071 | 4,964 | 4,350 | 5,606 | 3,407 | 2,558 | 2,085 | 3,026 | 1,560 |
Proceeds from resolution of purchase acquisition contingencies | ||||||||||||
1,058 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of short-term investments | ||||||||||||
- | 0 | 0 | 0 | 12,365 | - | - | - | - | - | - | - | - |
Sales/maturities of short-term investments | ||||||||||||
- | 1,500 | 9,500 | 16,500 | 27,310 | - | - | - | - | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||
-44,259 | -113,186 | -5,383 | -1,600 | 9,874 | -4,870 | -46,250 | -5,606 | -3,407 | -2,669 | -5,099 | -2,940 | -1,560 |
Proceeds from borrowing, net of issuance costs | ||||||||||||
69,325 | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments made on borrowings | ||||||||||||
1,250 | - | - | - | - | - | - | - | - | 25,446 | 0 | 0 | 15,000 |
Proceeds from equity issued under at-the-market program, net of offering costs | ||||||||||||
- | - | 0 | 81,335 | 98,025 | - | - | - | - | - | - | - | - |
Proceeds from equity issued under incentive plans | ||||||||||||
2,743 | 3,416 | 5,620 | 9,054 | 10,091 | -455 | 8,082 | 15,854 | 1,544 | 701 | 869 | -270 | 473 |
Net cash provided by financing activities | ||||||||||||
70,818 | 254,203 | 5,620 | 90,389 | 108,116 | -455 | 7,582 | 15,854 | 1,544 | 106,901 | 869 | 24,421 | -14,527 |
Net Increase in cash, cash equivalents and restricted cash | ||||||||||||
72,500 | 130,437 | 10,490 | 113,527 | 107,286 | 17,894 | -36,497 | 13,417 | -16,500 | 110,332 | -3,251 | 25,455 | 10,152 |
Supplemental disclosures of cash flow information: | ||||||||||||
Cash paid for interest | ||||||||||||
1,067 | 880 | 1,255 | 418 | 542 | - | - | - | - | 566 | 447 | 0 | 136 |
Cash paid for income taxes | ||||||||||||
238 | 76 | 47 | 79 | 557 | 160 | 55 | 169 | 180 | 60 | 96 | 37 | 29 |
Supplemental disclosures of non-cash investing and financing activities: | ||||||||||||
Unpaid portion of property and equipment purchases | ||||||||||||
14,148 | 1,831 | 1,947 | 2,215 | 4,769 | -211 | 785 | -417 | 1,460 | 414 | -57 | -273 | 1,166 |
Unpaid portion of purchased intangibles | ||||||||||||
400 | - | - | - | - | - | - | - | - | - | - | - | - |
Unpaid portion of at-the-market offering costs | ||||||||||||
- | - | - | 210 | 249 | - | - | - | - | - | - | - | - |