| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-99,013 | -73,521 | -41,022 | -37,208 | |||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
6,880 | 6,192 | 4,692 | 3,060 | |||
Stock-based compensation | ||||||
41,610 | 22,875 | 7,760 | 2,532 | |||
Deferred income taxes | ||||||
4,243 | 0 | -873 | - | |||
Other | ||||||
784 | -533 | -125 | -953 | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
25,941 | 17,408 | 14,769 | 13,560 | |||
Prepaid expenses and other current assets | ||||||
5,188 | 6,105 | 8,345 | 605 | |||
Deferred commissions | ||||||
12,831 | 9,258 | 20,058 | 9,777 | |||
Other assets | ||||||
3,336 | 1,876 | 3,267 | 1,856 | |||
Accounts payable and accrued expenses | ||||||
4,244 | 294 | 1,922 | 825 | |||
Accrued compensation | ||||||
6,269 | 11,112 | 4,298 | 10,957 | |||
Deferred revenue | ||||||
72,799 | 64,085 | 63,404 | 44,228 | |||
Other current liabilities | ||||||
255 | 408 | 421 | -1,749 | |||
Other liabilities | ||||||
49 | 110 | -554 | -585 | |||
Net cash provided by (used in) operating activities | ||||||
-10,744 | -2,559 | -6,266 | -2,785 | |||
Cash flows from investing activities: | ||||||
Purchases of property and equipment | ||||||
20,674 | 5,733 | 2,755 | 5,776 | |||
Purchases of short-term investments | ||||||
242,059 | 117,488 | 0 | 0 | |||
Sales and maturities of short-term investments | ||||||
224,594 | 0 | 0 | - | |||
Business combination, net of cash acquired | ||||||
74,911 | 0 | 0 | - | |||
Payments to Acquire Businesses, Gross | ||||||
- | - | - | 2,075 | |||
Net cash provided by (used in) investing activities | ||||||
-113,050 | -123,221 | -2,755 | -7,851 | |||
Cash flows from financing activities: | ||||||
Proceeds from initial public offering, net of underwriting discounts and commissions | ||||||
0 | 268,531 | 0 | 0 | |||
Payments of costs related to initial public offering | ||||||
0 | 3,932 | 0 | 0 | |||
Principal payments under finance lease obligations | ||||||
16 | 1,443 | 306 | 47 | |||
Proceeds from grant agreement | ||||||
- | - | - | 1,000 | |||
Credit facility issuance costs | ||||||
0 | 0 | 238 | 0 | |||
Proceeds from stock issued in connection with the employee stock purchase plan | ||||||
15,100 | 0 | 0 | - | |||
Proceeds from the exercise of stock options | ||||||
19,048 | 1,668 | 3,020 | 495 | |||
Repurchases of common stock | ||||||
0 | 75 | 385 | 85 | |||
Net cash provided by financing activities | ||||||
34,161 | 264,749 | 2,091 | 1,363 | |||
Effect of exchange rate changes on cash and cash equivalents and restricted cash | ||||||
-1,080 | -1,063 | -68 | 0 | |||
Net increase in cash and cash equivalents and restricted cash | ||||||
-90,713 | 137,906 | -6,998 | -9,273 | |||
Supplemental disclosure of cash flow information: | ||||||
Cash paid for interest | ||||||
96 | 111 | 79 | 6 | |||
Cash paid for income taxes | ||||||
8,530 | 1,207 | 642 | 307 | |||
Supplemental cash flow information related to leases: | ||||||
Finance Lease, Principal Payments | ||||||
16 | 1,443 | 306 | - | |||
Supplemental disclosure of non-cash flow investing and financing activities: | ||||||
Assets acquired under finance leases | ||||||
- | - | - | 527 | |||
Asset retirement obligations | ||||||
- | - | - | 0 | |||