| 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 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows used in operating activities: | ||||||||||||||||||||
Net loss | ||||||||||||||||||||
-29,603 | -19,044 | -20,346 | -29,324 | -30,150 | -24,879 | -23,264 | -25,079 | -23,862 | -44,383 | -31,330 | -15,415 | -15,654 | -14,261 | -29,772 | -14,879 | -15,304 | -15,007 | -13,246 | -17,064 | -12,703 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||
11,228 | 11,092 | 11,417 | 10,880 | 11,563 | 9,557 | 9,746 | 8,046 | 8,253 | 7,402 | 6,418 | 2,668 | 2,607 | 2,597 | 2,607 | 1,558 | 1,508 | 1,546 | 1,491 | 923 | 903 |
Allowance for doubtful accounts | ||||||||||||||||||||
1,247 | 948 | 703 | 231 | 783 | 708 | 277 | 110 | 1,148 | 388 | 579 | 458 | 306 | 442 | 541 | 652 | 777 | 616 | 460 | 507 | 451 |
Stock-based compensation | ||||||||||||||||||||
18,315 | 18,457 | 17,354 | 17,368 | 13,523 | 12,683 | 12,195 | 11,059 | 7,832 | 16,969 | 5,966 | 4,565 | 3,097 | 2,525 | 2,276 | 1,634 | 1,288 | 979 | 718 | 567 | 811 |
Deferred income taxes | ||||||||||||||||||||
-2,820 | -580 | -8,816 | 1,200 | -2,672 | -340 | -649 | -673 | -585 | -531 | -74 | 149 | 150 | 150 | 188 | 10 | 162 | 161 | 162 | 171 | -458 |
Accretion of interest | ||||||||||||||||||||
6,859 | 6,016 | 7,075 | 6,287 | 6,060 | 5,894 | 5,966 | 4,609 | 3,018 | 3,120 | 3,234 | 46 | -18 | 233 | -146 | 46 | 129 | 219 | 160 | 42 | 39 |
Changes in operating assets and liabilities: | ||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||
17,219 | 3,498 | 5,149 | -1,014 | 8,251 | 3,396 | 3,508 | -711 | 4,738 | 473 | 2,000 | -623 | 1,809 | 1,385 | -989 | 42 | 2,462 | 3,380 | 776 | 358 | 2,281 |
Due from officer | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -253 |
Prepaid expenses and other current assets | ||||||||||||||||||||
-101 | 466 | 3,470 | -901 | -350 | 956 | 1,116 | 1,139 | -599 | -714 | 3,417 | -1,130 | 430 | -290 | 1,551 | -978 | 543 | -363 | 1,215 | -1,488 | 1,593 |
Other assets | ||||||||||||||||||||
-137 | 178 | 1 | -44 | -30 | 87 | 254 | 104 | -31 | -187 | 196 | -116 | 9 | - | - | - | - | 8 | 19 | -20 | -12 |
Accounts payable | ||||||||||||||||||||
-502 | 2,881 | -2,350 | 402 | -28 | -34 | -1,728 | 1,904 | -533 | 2,316 | 303 | -798 | -287 | 1,452 | -558 | -572 | -1,135 | 157 | -4,517 | 2,391 | 1,357 |
Accrued expenses and other current liabilities | ||||||||||||||||||||
21,565 | -6,171 | 10,654 | -4,172 | 14,530 | -3,568 | 7,848 | -2,123 | 1,836 | -5,140 | 7,729 | 737 | 966 | -1,839 | 1,186 | -2,936 | 1,288 | 2,857 | -3,466 | 591 | 3,475 |
Accrued compensation | ||||||||||||||||||||
-13,798 | 6,359 | 7,320 | 2,604 | -11,737 | 6,489 | 5,803 | 4,105 | -7,917 | 2,801 | 1,231 | 1,657 | -1,921 | 1,665 | 1,718 | 1,549 | -3,244 | 371 | 868 | 2,318 | -670 |
Operating lease liabilities | ||||||||||||||||||||
-1,287 | -936 | -687 | -315 | -479 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other liabilities | ||||||||||||||||||||
-543 | 3,242 | -214 | -971 | -1,414 | 405 | 295 | -1,002 | 1,047 | - | - | 1,150 | 495 | 621 | -596 | 263 | 353 | -2,476 | 2,598 | 1,398 | 68 |
Net cash used in operating activities | ||||||||||||||||||||
-6,320 | 18,122 | 13,490 | 6,149 | -7,892 | 2,476 | 10,181 | -3,646 | -13,871 | -7,275 | -11,745 | -2,914 | -12,507 | -7,534 | -15,407 | -11,751 | -17,183 | -12,804 | -16,782 | -7,259 | -10,336 |
Cash flows provided by (used in) investing activities: | ||||||||||||||||||||
Purchase of property and equipment | ||||||||||||||||||||
962 | 663 | 1,599 | 677 | 571 | 1,279 | 717 | 1,458 | 557 | 590 | 744 | 679 | 620 | 990 | 340 | 503 | 275 | 794 | 2,015 | 3,101 | 365 |
Purchase of internal-use software | ||||||||||||||||||||
1,966 | 2,732 | 1,683 | 1,876 | 1,099 | 1,638 | 1,370 | 917 | 471 | 1,409 | 1,188 | 133 | 152 | 452 | 194 | 273 | 385 | 368 | 325 | 415 | 434 |
Purchase of marketable securities | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 29,591 | 84,716 | -3 | 34,957 | -41 | -1 | 7,066 | 37,122 | - | - | - | - |
Proceeds from marketable securities | ||||||||||||||||||||
0 | 12,935 | 16,470 | 13,695 | 9,000 | 4,700 | 11,500 | 42,970 | 25,000 | 39,933 | 26,143 | 4,937 | 14,740 | 15,113 | 25,855 | 19,893 | 49,856 | - | - | - | - |
Sale of assets | ||||||||||||||||||||
0 | -10 | 3 | 1 | 6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisition of business, net of cash acquired | ||||||||||||||||||||
9,000 | -17 | -3 | 11,207 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 4,222 | 10,276 | 3,269 |
Net cash (used in) provided by investing activities | ||||||||||||||||||||
-11,928 | 9,547 | 13,194 | -5,064 | 7,336 | -42,348 | 461 | -239,581 | 23,972 | 8,342 | -439,860 | 4,128 | -20,989 | 13,712 | -11,691 | 12,051 | 12,074 | 14,266 | -104,609 | -13,792 | -4,068 |
Cash flows provided by financing activities: | ||||||||||||||||||||
Net proceeds from the exercise of stock options | ||||||||||||||||||||
14,889 | 8,463 | 9,119 | 6,847 | 8,854 | 5,124 | 10,433 | 7,122 | 8,643 | 3,841 | 2,680 | 3,121 | 1,195 | 315 | 1,619 | 94 | 496 | 102 | 65 | 233 | 28 |
Repayment of debt | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 180,249 | 44,191 | 0 | 2,000 | 5,499 | 11,042 | 312 | 313 | - | - | - | - |
Proceeds from issuance of common stock | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 134,626 | 0 | 0 | 123,928 | - | - | - | - | - | - | - | - |
Cash received for withholding taxes on stock-based compensation, net | ||||||||||||||||||||
164 | 73 | 244 | -3,734 | 1,848 | 1,182 | 39 | -3,055 | 3,555 | -569 | 235 | -46 | 306 | -511 | 532 | 6 | 53 | - | - | - | - |
Net cash provided by financing activities | ||||||||||||||||||||
15,053 | 10,041 | 9,153 | 5,198 | 10,702 | 7,449 | 341,349 | 284,616 | 12,198 | -41,463 | 125,403 | 268,062 | 123,429 | -195 | 15,349 | 5,288 | 236 | -460 | 160,032 | 4,414 | 28 |
Net (decrease) increase in cash and cash equivalents | ||||||||||||||||||||
-3,195 | 37,710 | 35,837 | 6,283 | 10,146 | -32,423 | 351,991 | 41,389 | 22,299 | -40,396 | -326,202 | 269,276 | 89,933 | 5,983 | -11,749 | 5,588 | -4,873 | 1,002 | 38,641 | -16,637 | -14,376 |
Foreign exchange difference | ||||||||||||||||||||
-3,202 | 1,401 | -1,038 | 202 | -177 | -1,142 | -241 | -764 | 63 | - | - | - | - | - | - | - | - | - | - | - | - |
Income taxes paid | ||||||||||||||||||||
0 | 464 | 537 | 286 | 23 | 203 | 179 | 7 | 52 | - | - | - | 994 | - | - | - | - | - | - | - | - |
Interest paid | ||||||||||||||||||||
0 | 6,112 | 10 | 6,102 | 0 | 6,178 | 0 | 4,123 | 2 | 4,723 | 2,880 | -540 | 2,387 | 653 | 684 | 446 | 604 | 627 | 448 | 496 | 424 |