| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income (loss) | ||||||
1,798 | -2,725 | -9,980 | -6,860 | -6,191 | ||
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
4,982 | 3,917 | 3,121 | 2,551 | 2,264 | ||
Impairment of property and equipment | ||||||
0 | 686 | 793 | - | - | ||
Stock-based compensation | ||||||
3,057 | 2,468 | 628 | 83 | 137 | ||
Amortization of debt issuance costs | ||||||
- | - | 132 | 131 | 88 | ||
Remeasurement of convertible preferred stock warrant liability | ||||||
- | - | 3,725 | 524 | - | ||
Loss on early extinguishment of debt | ||||||
- | - | -479 | - | -77 | ||
Loss on disposal of property and equipment | ||||||
- | -4 | - | -27 | -30 | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable and contract asset | ||||||
-1,383 | 11,224 | 1,518 | - | - | ||
Accounts receivable | ||||||
- | - | - | -255 | 1,845 | ||
Prepaid expenses and other assets | ||||||
192 | 766 | 247 | 90 | 115 | ||
Accounts payable | ||||||
-243 | -346 | 291 | 410 | 69 | ||
Accrued expenses and other current liabilities | ||||||
108 | -246 | 1,535 | 1,049 | 334 | ||
Deferred revenue | ||||||
2,799 | 6,846 | 4,428 | 4,177 | 1,649 | ||
Net cash provided by operating activities | ||||||
13,692 | -1,386 | 3,387 | 2,257 | -3,503 | ||
Purchase of property and equipment | ||||||
4,823 | 8,444 | 6,430 | 4,476 | 2,155 | ||
Investment in intangible and other assets | ||||||
86 | 48 | 76 | 78 | 25 | ||
Business acquisition | ||||||
- | 1,711 | - | - | - | ||
Net cash used in investing activities | ||||||
-4,909 | -10,203 | -6,506 | -4,554 | -2,180 | ||
Cash flows from financing activities: | ||||||
Proceeds from issuance of common stock in public offering | ||||||
11,247 | - | - | - | - | ||
Proceeds from initial public offering, net of commissions and discounts | ||||||
- | - | 32,426 | - | - | ||
Proceeds from line of credit | ||||||
- | - | - | - | 1,900 | ||
Proceeds from notes payable | ||||||
- | - | 1,500 | 2,000 | 10,000 | ||
Repayment of notes payable | ||||||
- | - | 13,500 | - | 3,060 | ||
Payment on debt extinguishment costs | ||||||
- | - | 149 | - | - | ||
Proceeds from issuance of Series B-1 convertible preferred stock, net of issuance costs | ||||||
- | - | - | - | 1,994 | ||
Payment of line of credit costs | ||||||
- | 10 | - | - | 1,900 | ||
Proceeds from exercise of stock options | ||||||
454 | 550 | 55 | 25 | 31 | ||
Repurchases of common stock | ||||||
6,718 | - | - | - | - | ||
Proceeds from exercise of warrants | ||||||
71 | 988 | - | - | - | ||
Proceeds from employee stock purchase plan | ||||||
873 | 909 | 319 | - | - | ||
Net cash provided by (used in) financing activities | ||||||
5,482 | 2,437 | 18,751 | 2,008 | 8,646 | ||
Increase in cash, cash equivalents and restricted cash | ||||||
14,265 | -9,152 | 15,632 | -289 | 2,963 | ||
Effect of exchange rate on cash and cash equivalents | ||||||
7 | -167 | 70 | 30 | - | ||
Supplemental cash flow disclosures: | ||||||
Estimated fair value of contingent consideration | ||||||
- | 750 | - | - | - | ||
Conversion of convertible preferred stock into common stock | ||||||
- | - | 42,075 | - | - | ||
Reclassification of convertible preferred stock warrant liability into additional paid-in capital | ||||||
- | - | 5,711 | - | - | ||
Offering costs included in accounts payable | ||||||
- | 249 | - | - | - | ||
Cash paid for income taxes | ||||||
51 | 79 | - | - | - | ||
Cash paid for interest | ||||||
- | - | 1,235 | 1,186 | 374 | ||
Supplemental disclosure of non-cash financing activities: | ||||||
Purchases of property and equipment included in accounts payable | ||||||
311 | 205 | 227 | - | - | ||
Issuance of warrants in connection with the issuance of notes payable | ||||||
- | - | 111 | - | 147 | ||
Line of Credit | ||||||
Payment of debt issuance costs | ||||||
- | - | 30 | 17 | 319 | ||
Deferred offering costs included in other assets | ||||||
- | 91 | - | - | - | ||
Initial Public Offering | ||||||
Payments of offering costs | ||||||
445 | - | 1,870 | - | - | ||