| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-1,033 | -1,255 | -3,445 | -514 | -372 | ||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
87 | 91 | 61 | 29 | 15 | ||
Stock-based compensation | ||||||
686 | 538 | 2,639 | 31 | 73 | ||
Deferred income taxes | ||||||
-0 | -0 | -17 | -7 | -7 | ||
Gain on divestiture | ||||||
39 | 0 | 0 | - | - | ||
Amortization of debt discount and issuance costs | ||||||
17 | 0 | 0 | - | - | ||
Lease exit charges | ||||||
0 | 33 | 0 | 0 | - | ||
Excess inventory reserve and related asset impairment | ||||||
0 | 0 | 21 | 0 | - | ||
Other | ||||||
28 | 0 | 6 | -0 | -0 | ||
Change in operating assets and liabilities, net of effect of acquisitions: | ||||||
Accounts receivable, net of allowance | ||||||
147 | 77 | 104 | 118 | 41 | ||
Prepaid expenses and other current assets | ||||||
9 | -1 | 39 | 20 | 6 | ||
Operating lease right-of-use assets | ||||||
-58 | 0 | 0 | - | - | ||
Other assets | ||||||
-1 | -21 | 4 | 5 | 4 | ||
Accounts payable | ||||||
20 | -33 | 49 | 6 | -6 | ||
Accrued expenses and other current liabilities | ||||||
146 | -14 | 100 | -19 | 40 | ||
Operating lease liabilities | ||||||
-60 | 0 | 0 | - | - | ||
Other liabilities | ||||||
-0 | 6 | 9 | 6 | 4 | ||
Net cash provided by (used in) operating activities | ||||||
-304 | -689 | -734 | -611 | -306 | ||
Purchases of property and equipment | ||||||
36 | 120 | 84 | 66 | 19 | ||
Sales of property and equipment | ||||||
0 | 11 | 0 | 0 | - | ||
Proceeds from divestiture, net | ||||||
73 | 0 | 0 | - | - | ||
Cash paid for acquisitions, net of cash acquired | ||||||
77 | 0 | 386 | 104 | 48 | ||
Purchases of intangible assets | ||||||
- | - | - | 0 | 9 | ||
Non-marketable investments | ||||||
5 | 22 | 10 | 6 | 9 | ||
Issuance of notes receivable from officers/stockholders | ||||||
- | - | - | 15 | 7 | ||
Repayment of notes receivables from officers/stockholders | ||||||
- | - | - | 15 | - | ||
Purchases of marketable securities | ||||||
2,477 | 1,653 | 3,862 | 1,565 | - | ||
Sales of marketable securities | ||||||
184 | 45 | 511 | 195 | - | ||
Maturities of marketable securities | ||||||
1,608 | 2,438 | 2,483 | 532 | - | ||
Change in restricted cash | ||||||
- | - | - | - | 1 | ||
Other | ||||||
-1 | 2 | 8 | - | 5 | ||
Net cash provided by (used in) investing activities | ||||||
-728 | 694 | -1,357 | -1,014 | -100 | ||
Cash flows from financing activities | ||||||
Proceeds from issuance of convertible notes, net of issuance costs | ||||||
1,251 | 0 | 0 | - | - | ||
Purchase of capped calls | ||||||
102 | 0 | 0 | - | - | ||
Proceeds from the exercise of stock options | ||||||
16 | 47 | 11 | 0 | 0 | ||
Stock repurchases from employees for tax withholdings | ||||||
0 | 0 | 394 | 0 | - | ||
Proceeds from issuance of Class A common stock in initial public offering, net of underwriting commissions | ||||||
0 | 0 | 2,657 | 0 | - | ||
Borrowings from revolving credit facility | ||||||
- | - | - | 5 | - | ||
Principal payments on revolving credit facility | ||||||
- | - | - | 5 | - | ||
Payments of deferred offering costs | ||||||
0 | 0 | 9 | 5 | - | ||
Repurchase of Class B voting common stock and Series FP voting preferred stock | ||||||
- | - | - | 10 | 1 | ||
Proceeds from issuances of preferred stock, net of issuance costs | ||||||
- | - | - | 1,157 | 651 | ||
Net cash provided by financing activities | ||||||
1,165 | 47 | 2,265 | 1,141 | 650 | ||
Change in cash, cash equivalents, and restricted cash | ||||||
132 | 51 | 173 | -483 | 242 | ||
Supplemental disclosures | ||||||
Cash paid for income taxes, net | ||||||
0 | 3 | 6 | 1 | 0 | ||
Supplemental disclosures of non-cash activities | ||||||
Assumed equity awards in acquisitions | ||||||
- | - | - | 0 | - | ||
Purchase consideration liabilities related to acquisitions | ||||||
- | - | - | 21 | - | ||
Repurchase of Class B voting common stock and Series FP voting preferred stock in exchange for notes receivable from officers/stockholders | ||||||
- | - | - | 13 | - | ||
Recognition of leased facility asset and lease financing obligation | ||||||
- | - | - | 1 | - | ||
Construction in progress related to financing lease obligations | ||||||
- | - | - | - | 6 | ||
Net change in accounts payable and accrued expenses and other current liabilities related to property and equipment additions | ||||||
-6 | -7 | 13 | 2 | 3 | ||
Deferred offering costs accrued, unpaid | ||||||
- | - | - | 1 | - | ||
Class B Common Stock | ||||||
Net loss | ||||||
- | - | - | - | -33 | ||
Issuance of Class B common stock related to acquisitions | ||||||
- | - | - | 96 | 29 | ||