| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||
Net loss | ||||||||
-24,250 | -21,294 | -16,310 | -18,478 | -17,777 | -25,198 | -102,362 | -12,463 | -14,717 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
12,288 | 12,589 | 11,698 | 10,815 | 9,730 | 12,046 | 11,468 | 11,673 | 11,979 |
Non-cash leases expense | ||||||||
3,423 | 3,352 | 3,126 | 3,008 | 3,051 | 0 | 0 | 0 | 0 |
Stock-based compensation expense, net of amounts capitalized | ||||||||
17,502 | 15,198 | 14,782 | 15,154 | 15,111 | 15,666 | 98,812 | 8,752 | 8,540 |
Amortization of debt discount and issuance costs | ||||||||
- | - | - | - | - | 176 | 242 | 242 | 242 |
Deferred income taxes | ||||||||
97 | -1,810 | -1,451 | -510 | 95 | -939 | 136 | 152 | 143 |
Gain on sale of a private company investment | ||||||||
1,001 | 0 | 0 | 0 | 1,001 | 0 | 0 | 0 | 999 |
Other | ||||||||
-317 | 300 | -92 | -205 | 154 | -1,564 | -58 | -1 | -175 |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
1,532 | 6,166 | -757 | 1,993 | -163 | 136 | 1,008 | 51 | 763 |
Prepaid expenses and other assets | ||||||||
2,208 | 2,264 | -479 | 1,203 | 2,184 | 114 | 1,698 | 1,896 | 1,857 |
Accounts payable and accrued liabilities | ||||||||
2,647 | 2,363 | 3,959 | -995 | 2,991 | -1,032 | 1,972 | 1,525 | 1,099 |
Accrued interest on financing lease obligation, net of payments | ||||||||
- | - | - | - | - | 340 | 333 | 345 | 358 |
Accrued compensation | ||||||||
-10,452 | 3,633 | 4,910 | 2,048 | -8,359 | 5,851 | 2,906 | 3,895 | -7,449 |
Deferred revenue | ||||||||
11,229 | 7,695 | 4,910 | 9,001 | 9,575 | 84 | 1,758 | 4,783 | 9,728 |
Operating lease liabilities | ||||||||
-3,827 | -3,653 | -3,506 | -3,293 | -3,438 | 0 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||
4,233 | 9,419 | 23,521 | 13,909 | 7,803 | 11,390 | 11,951 | 16,268 | 5,763 |
Cash flows from investing activities | ||||||||
Purchases of property and equipment | ||||||||
406 | 424 | 691 | 754 | 581 | 1,170 | 4,002 | 3,929 | 880 |
Capitalized internal-use software | ||||||||
2,946 | 2,441 | 3,066 | 3,377 | 3,150 | 3,195 | 3,390 | 2,827 | 2,640 |
Proceeds from sale of a private company investment | ||||||||
1,001 | 0 | 0 | 0 | 1,001 | 0 | 0 | 0 | 999 |
Net cash used in investing activities | ||||||||
-2,351 | -2,865 | -65,222 | -57,269 | -2,730 | -4,365 | -7,392 | -6,756 | -2,521 |
Cash flows from financing activities | ||||||||
Proceeds from stock option exercises | ||||||||
13,815 | 5,832 | 4,253 | 29,953 | 7,640 | 54 | 262 | 177 | 1 |
Employee payroll taxes paid for net share settlement of restricted stock units | ||||||||
- | - | - | - | - | 1,241 | 21,348 | 1,453 | 1,765 |
Repayment of debt | ||||||||
550 | 550 | 550 | 550 | 550 | 101,800 | 750 | 750 | 750 |
Net cash provided by financing activities | ||||||||
13,265 | 7,964 | 3,703 | 32,065 | 7,090 | -109,155 | 209,170 | -2,026 | -2,514 |
Effect of exchange rate changes on cash | ||||||||
-1,267 | 359 | -380 | -11 | -44 | -787 | 0 | 0 | 0 |
Net increase in cash, cash equivalents and restricted cash | ||||||||
13,880 | 14,877 | -38,378 | -11,306 | 12,119 | -102,917 | 213,729 | 7,486 | 728 |
Supplemental cash flow data: | ||||||||
Interest paid for term debt | ||||||||
2,967 | 3,111 | 3,478 | 3,490 | 3,423 | 4,021 | 5,632 | 5,687 | 5,126 |
Interest paid for financing obligation on leased facility | ||||||||
- | - | - | - | - | 2,038 | 2,038 | 2,038 | 2,038 |
Cash paid for operating leases | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 0 |
Income taxes paid | ||||||||
3 | 0 | 80 | 429 | 247 | 289 | 196 | 83 | -33 |
Non-cash investing and financing transactions: | ||||||||
Stock compensation included in capitalized software costs | ||||||||
776 | 614 | 858 | 1,078 | 953 | 1,358 | 495 | 429 | 327 |
Accrued unpaid capital expenditures | ||||||||
204 | -106 | -44 | -196 | 517 | -278 | -1,498 | 205 | 1,893 |
Proceeds receivable from stock option exercises | ||||||||
0 | - | - | - | 6,779 | - | - | - | 0 |
Derecognized financing obligation related to building due to adoption of ASC 842 | ||||||||
0 | 0 | 0 | 0 | 92,009 | 0 | 0 | 0 | 0 |
Derecognized building due to adoption of ASC 842 | ||||||||
0 | 0 | 0 | 0 | 71,781 | 0 | 0 | 0 | 0 |