| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||
Net loss | ||||||||||
-338,996 | -159,268 | -281,393 | -117,173 | -78,222 | -9,903 | -2,333 | -11,789 | -15,790 | -1,576 | 3,969 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||
Depreciation | ||||||||||
12,800 | 17,300 | 23,300 | 25,439 | 22,595 | 17,983 | 16,777 | 14,159 | 13,352 | 8,422 | 6,544 |
Non-cash operating lease expense | ||||||||||
5,369 | - | - | - | - | - | - | - | - | - | - |
Finance Lease, Right-of-Use Asset, Amortization | ||||||||||
2,413 | - | - | - | - | - | - | - | - | - | - |
Amortization of Intangible Assets | ||||||||||
30,100 | 32,900 | 34,800 | 31,896 | 8,608 | 7,230 | 7,957 | 9,289 | 9,301 | 4,534 | 1,457 |
Impairment of goodwill | ||||||||||
224,272 | 0 | 0 | - | - | - | - | - | - | - | - |
Impairment of intangible asset | ||||||||||
17,300 | 0 | 0 | - | - | 9,722 | 0 | 3,349 | 0 | 0 | - |
Provision for bad debts | ||||||||||
727 | 966 | 983 | 1,507 | 3,167 | 2,576 | 1,248 | 1,429 | 220 | 167 | 290 |
Stock-based compensation | ||||||||||
16,558 | 37,619 | 17,314 | 46,495 | 46,983 | 41,973 | 27,035 | 24,896 | 21,260 | 17,773 | 9,849 |
Deferred tax provision | ||||||||||
-3,700 | 2,000 | -3,200 | -3,997 | -121 | -13,064 | 2,381 | 896 | -4,356 | -1,938 | 5,096 |
Gain (Loss) on Disposition of Assets | ||||||||||
- | - | - | 33,457 | -4,671 | - | - | - | - | - | - |
Unrealized Gain (Loss) on Derivatives and Commodity Contracts | ||||||||||
5,100 | -14,226 | 0 | 0 | - | - | - | - | - | - | - |
Fair Value Adjustment of Warrants | ||||||||||
2,411 | 0 | 0 | - | - | - | - | - | - | - | - |
Non-cash interest expense on senior secured convertible notes (related party) | ||||||||||
17,374 | 0 | 0 | - | - | - | - | - | - | - | - |
Change in fair value of equity securities | ||||||||||
-2,324 | 1,443 | 0 | 0 | - | - | - | - | - | - | - |
Amortization of deferred rent | ||||||||||
- | - | - | - | - | -1,414 | -340 | 934 | -822 | -906 | -632 |
Accretion of debt discount | ||||||||||
6,242 | 4,812 | 0 | 0 | - | - | - | - | - | 188 | 610 |
Amortization of Debt Issuance Costs | ||||||||||
1,078 | 955 | 0 | 0 | - | - | - | - | - | - | - |
Realized loss on marketable securities | ||||||||||
- | - | - | - | 0 | - | - | - | - | - | - |
Loss from equity method investment | ||||||||||
- | - | - | - | 0 | - | - | - | - | - | - |
Loss on asset disposition of property plant and equipment | ||||||||||
- | - | - | - | 2 | -75 | 267 | -140 | -25 | -13 | -139 |
Gain on forgiveness of obligation | ||||||||||
0 | 0 | 4,000 | 0 | 0 | - | - | - | - | - | - |
Accrued litigation settlements to be settled in Common Stock | ||||||||||
0 | 0 | 90,800 | 0 | 0 | - | - | - | - | - | - |
Other | ||||||||||
2 | -568 | -192 | -700 | - | - | - | - | - | - | - |
Non-cash vendor consideration | ||||||||||
- | - | - | - | 48,253 | - | - | - | - | - | - |
Gain on sale of marketable securities | ||||||||||
- | - | - | - | - | - | - | - | 211 | 0 | 89 |
Settlement of litigation | ||||||||||
- | - | - | - | - | - | - | - | 5,175 | 0 | - |
Changes in operating assets and liabilities: | ||||||||||
Accounts receivable | ||||||||||
-2,738 | -4,707 | -14,529 | -4,009 | -1,542 | 16,705 | 22,560 | 4,936 | 10,184 | 15,101 | 4,491 |
Prepaid expenses and other assets | ||||||||||
-2,198 | 4,456 | -4,067 | 3,928 | 863 | 3,089 | 712 | -1,465 | 1,520 | 4,492 | -28 |
Accounts payable, accrued expenses and other liabilities | ||||||||||
10,438 | -4,955 | 85,001 | -12,972 | -1,057 | -4,959 | -5,672 | 7,840 | -11,390 | -2,854 | 2,908 |
Insurance recoverable on litigation settlements | ||||||||||
0 | -10,000 | 37,232 | 0 | - | - | - | - | - | - | - |
Contract liability and customer advances | ||||||||||
-3,477 | -30,013 | -2,638 | 5,962 | 5,206 | 9,118 | 7,364 | 11,568 | -1,610 | 15,064 | 4,838 |
Deferred rent | ||||||||||
0 | 1,565 | 1,013 | -393 | -1,403 | -36 | -2,352 | -1,312 | -520 | -408 | -331 |
Operating lease liabilities | ||||||||||
-7,638 | - | - | - | - | - | - | - | - | - | - |
Net cash used in operating activities | ||||||||||
-4,636 | -72,575 | -56,405 | -55,912 | 59,357 | 49,497 | 44,574 | 44,872 | 26,750 | 25,410 | 25,031 |
Investing activities: | ||||||||||
Net cash received from disposition of assets | ||||||||||
- | - | - | 42,980 | -2,535 | - | - | - | - | - | - |
Proceeds from asset disposition | ||||||||||
- | - | - | - | - | 0 | 160 | 0 | 0 | - | - |
Payments to Acquire Businesses, Net of Cash Acquired | ||||||||||
- | - | - | -37,086 | 10,117 | 3,896 | 0 | 0 | 5,162 | 68,880 | 1,296 |
Acquisitions, net of cash acquired (related party) | ||||||||||
- | - | - | 27,328 | 0 | - | - | - | - | - | - |
Sales of marketable securities | ||||||||||
3,776 | 0 | 28,436 | 2,188 | 0 | - | - | - | - | - | - |
Purchase of investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 50,197 |
Sales and maturities of investments | ||||||||||
- | - | - | - | - | - | - | - | 2,591 | 29,976 | 57,973 |
Purchases of property and equipment | ||||||||||
2,736 | 4,206 | 10,182 | 7,106 | 4,325 | 7,649 | 4,597 | 7,590 | 7,235 | 5,119 | 6,472 |
Capitalized internal-use software costs | ||||||||||
11,500 | 9,608 | 0 | 0 | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||
-10,460 | -13,814 | 18,254 | 47,820 | -16,977 | -11,545 | -4,437 | -7,590 | -9,806 | -44,023 | 8 |
Financing activities: | ||||||||||
Proceeds from borrowings on senior secured convertible notes (related party) | ||||||||||
0 | 100,000 | 0 | 0 | - | - | - | - | - | - | - |
Principal payments on financing arrangements | ||||||||||
- | - | - | - | - | 0 | 3,985 | 4,280 | 0 | 0 | - |
Debt issuance costs | ||||||||||
0 | 5,146 | 0 | 0 | - | 0 | 479 | 0 | 69 | 0 | - |
Proceeds from secured term note | ||||||||||
13,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Secured term note issuance costs | ||||||||||
350 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from private placement, net of issuance costs paid | ||||||||||
19,752 | 0 | 0 | - | - | - | - | - | - | - | - |
Financing proceeds received on subscription receivable (related party) | ||||||||||
0 | 9,679 | 11,012 | 8,954 | 3,503 | 0 | 3,985 | 4,131 | 0 | 0 | - |
Proceeds from sale-leaseback financing transaction | ||||||||||
4,252 | 0 | 0 | - | - | - | - | - | - | - | - |
Stock issuance costs | ||||||||||
- | - | - | - | 4,368 | - | - | - | - | - | - |
Proceeds from the issuance of common stock | ||||||||||
- | - | - | - | 204,741 | - | - | - | - | - | - |
Proceeds from the exercise of stock options | ||||||||||
1,191 | 2,855 | 0 | 4,139 | 11,623 | 108 | 227 | 238 | 371 | 988 | 922 |
Payments for taxes related to net share settlement of equity awards | ||||||||||
1,267 | 5,263 | 1,514 | 18,292 | 28,160 | 15,712 | 9,312 | 7,362 | 7,392 | 5,472 | 1,573 |
Principal payments on finance leases | ||||||||||
2,535 | - | - | - | - | - | - | - | - | - | - |
Principal payments on capital lease and software license arrangements | ||||||||||
2,070 | 9,006 | 17,016 | 18,838 | 16,622 | 12,081 | 10,212 | 7,012 | 5,390 | 1,727 | 1,064 |
Repurchase of common stock (treasury shares) | ||||||||||
- | - | - | 27,292 | 105,916 | 37,171 | 13,109 | 0 | 0 | - | - |
Excess tax benefits from stock-based compensation | ||||||||||
- | - | - | - | -1,335 | 5,757 | 0 | 0 | 177 | 128 | - |
Net cash used in financing activities | ||||||||||
31,973 | 93,119 | -7,518 | -51,329 | 63,466 | -59,099 | -32,885 | -14,285 | -12,303 | -6,083 | -1,715 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||||
-302 | -1,657 | 2,453 | 776 | -1,875 | -3,633 | -1,221 | 696 | -306 | 148 | 663 |
Net decrease in cash, cash equivalents and restricted cash | ||||||||||
16,575 | 5,073 | -43,216 | -58,645 | 103,971 | -24,780 | 6,031 | 23,693 | 4,335 | -24,548 | 23,987 |
Supplemental cash flow disclosures: | ||||||||||
Interest paid ($6,120 and $3,046 attributable to related party, respectively) | ||||||||||
4,081 | 8,136 | 1,691 | 1,962 | 1,906 | 1,312 | 756 | 775 | 701 | 296 | 63 |
Income taxes paid (received), net of refunds | ||||||||||
1,191 | 1,260 | 497 | 1,717 | 1,790 | 2,149 | 1,332 | 997 | 2,027 | 1,340 | 1,615 |
Supplemental disclosures of non-cash activities: | ||||||||||
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | ||||||||||
- | - | - | 753,418 | - | - | - | - | - | - | - |
Patents acquired through issuance of common stock | ||||||||||
- | - | - | - | - | - | - | - | 11,000 | 0 | - |
Stock issued in connection with acquisition | ||||||||||
- | - | - | - | - | - | - | - | 15,000 | 0 | - |
Assets acquired through finance leases and software obligations | ||||||||||
4,277 | 1,737 | 191 | 14,842 | 22,531 | 15,204 | 19,381 | 8,544 | 5,411 | 12,309 | 1,121 |
Leasehold improvements acquired through lease incentives | ||||||||||
2,050 | 0 | 0 | - | 372 | 58 | 2,272 | 1,282 | 331 | 424 | 333 |
Change in accounts payable and accrued expenses related to capital expenditures | ||||||||||
456 | 1,149 | 336 | 3,060 | 532 | 1,859 | 1,451 | 930 | 0 | 0 | - |
Repurchase of Common Stock in exchange for senior secured convertible notes | ||||||||||
0 | 94,021 | 0 | 0 | - | - | - | - | - | - | - |
Shares issued in connection with settlement of litigation | ||||||||||
0 | 90,768 | 0 | 0 | - | - | - | - | - | - | - |
Insurance recovery on litigation settlement | ||||||||||
0 | 27,232 | 0 | 0 | - | - | - | - | - | - | - |
Common Stock warrants issued with senior secured convertible notes | ||||||||||
0 | 5,733 | 0 | 0 | - | - | - | - | - | - | - |
Fair value of financing derivatives issued with senior secured convertible notes | ||||||||||
0 | 17,574 | 0 | 0 | - | - | - | - | - | - | - |
Notes Option derivative liability settlement | ||||||||||
0 | 5,700 | 0 | 0 | - | - | - | - | - | - | - |
Modification of debt in consideration for the reduction of the senior secured convertible note minimum cash balance requirement | ||||||||||
0 | 4,000 | 0 | 0 | - | - | - | - | - | - | - |
Settlement of restricted stock unit liability | ||||||||||
4,611 | 15,818 | 0 | 0 | - | - | - | - | - | - | - |
Fair value of warrants issued in private placement | ||||||||||
10,798 | 0 | 0 | - | - | - | - | - | - | - | - |