| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||
Net loss from continuing operations, net of income taxes | ||||||||
-9,007 | -9,230 | -19,700 | -23,850 | - | - | - | - | - |
Net income (loss) from discontinued operations, net of income taxes | ||||||||
0 | -136 | 21,927 | 2,903 | - | - | - | - | - |
Net loss from continuing operations | ||||||||
- | - | - | - | -29,176 | - | - | - | - |
Total loss from discontinued operations | ||||||||
- | - | - | - | -14,054 | - | - | - | - |
Net loss | ||||||||
- | - | - | - | - | -23,489 | -13,516 | -16,644 | -21,025 |
Adjustments required to reconcile net (loss) income to net cash provided by (used in) operating activities: | ||||||||
Impairment charges | ||||||||
- | - | - | - | 22,665 | - | - | - | - |
Depreciation and amortization expense | ||||||||
1,486 | 3,705 | 7,760 | 9,173 | 8,344 | - | - | - | - |
Gain on sale of discontinued operations, before income taxes | ||||||||
0 | 0 | 14,958 | 0 | 0 | - | - | - | - |
Amortization of acquired technology | ||||||||
190 | 0 | 0 | - | - | - | - | - | - |
Depreciation and amortization expense | ||||||||
- | - | - | - | - | 6,675 | 6,310 | 5,992 | 956 |
Loss from sublease | ||||||||
- | - | - | -246 | 0 | - | - | - | - |
Amortization of intangible assets | ||||||||
- | - | - | - | - | - | - | - | 5,132 |
Amortization of deferred financing costs | ||||||||
- | - | - | - | - | - | - | - | 2 |
Amortization of original issuance discount | ||||||||
- | - | - | - | - | - | - | - | 9 |
Bad debt expense | ||||||||
27 | 190 | 356 | - | - | -16 | -19 | 70 | -29 |
Amortization of operating lease right-of-use-asset | ||||||||
4,035 | 0 | 0 | - | - | - | - | - | - |
Mark-to-market expense | ||||||||
0 | 0 | -148 | - | - | - | - | - | - |
Bad debt (benefit) | ||||||||
- | - | - | 66 | 87 | - | - | - | - |
Mark-to-market expense | ||||||||
- | - | - | -1,263 | -113 | 6 | 313 | -22 | -373 |
Compensation expense related to the acquisition-contingent consideration | ||||||||
0 | 0 | 1,810 | 3,568 | 0 | - | - | - | - |
Deferred tax expense (benefit) | ||||||||
6 | -4 | -442 | -92 | -61 | - | - | - | - |
Loss on disposal of property and equipment | ||||||||
-53 | -21 | -392 | -23 | 0 | - | - | - | - |
Stock based compensation expense | ||||||||
5,759 | 3,820 | 5,394 | 3,900 | 4,007 | 4,622 | 3,404 | 2,919 | 2,883 |
Stock-based long-term incentive compensation expense | ||||||||
- | - | - | -300 | 436 | 673 | 1,614 | - | - |
Change in unrealized gain on short-term investments available for sale | ||||||||
- | - | - | - | - | - | - | -7 | 12 |
Net change in operating assets and liabilities: | ||||||||
Increase in accounts receivable | ||||||||
53,616 | 43,283 | 19,891 | 8,277 | 22,675 | 5,394 | 5,428 | 2,242 | 4,430 |
Decrease in contingent consideration on acquisition | ||||||||
0 | 0 | -4,753 | -3,406 | 0 | - | - | - | - |
Increase in prepaid expenses, other current assets and other long-term assets | ||||||||
2,087 | 1,781 | 3,157 | -583 | 3,381 | -299 | 964 | 355 | 17 |
Increase in accounts payable and accrued expenses | ||||||||
59,407 | 48,779 | 13,831 | 6,728 | 20,178 | 5,899 | 9,604 | 4,787 | -3,135 |
Increase (decrease) in other current liabilities | ||||||||
710 | 322 | -126 | 179 | 0 | - | - | - | - |
Decrease in operating lease liability | ||||||||
-4,788 | 0 | 0 | - | - | - | - | - | - |
Decrease in deferred tax liability | ||||||||
- | - | - | 0 | 0 | - | - | - | - |
Increase (decrease) in deferred rent and security deposits payable | ||||||||
7 | 488 | -629 | 628 | 5,639 | 9 | 129 | 166 | 461 |
(Decrease) increase in deferred income | ||||||||
0 | -619 | 1,407 | - | - | -256 | 61 | 175 | 35 |
Decrease/(increase) in restricted cash | ||||||||
- | - | - | - | 0 | - | - | - | - |
Decrease in other liabilities | ||||||||
- | - | - | -103 | 93 | - | - | - | - |
Increase (decrease) in other liabilities | ||||||||
100 | -512 | 0 | 0 | - | - | - | - | - |
Net cash provided by (used in) in operating activities | ||||||||
2,282 | 1,760 | -10,631 | -6,900 | -7,959 | - | - | - | - |
Cash flows from investing activities: | ||||||||
Net cash used in operating activities | ||||||||
- | - | - | - | - | -10,984 | 882 | -5,103 | -18,797 |
Purchase of property and equipment | ||||||||
161 | 2,740 | 1,113 | 2,933 | 7,732 | 4,026 | 2,705 | 1,156 | 733 |
Maturities of short-term investments | ||||||||
- | - | - | - | - | - | - | 8,652 | 11,791 |
Purchases of short-term investments | ||||||||
- | - | - | - | - | - | - | - | 12,267 |
Change in restricted cash | ||||||||
- | - | - | - | - | - | -621 | -36 | - |
Purchase of patents not subject to amortization | ||||||||
41 | 0 | 0 | - | - | - | - | 50 | - |
Acquisition of Transpera, Inc., net of cash acquired | ||||||||
- | - | - | - | - | - | - | -15 | -12 |
Acquisition, net of cash acquired | ||||||||
0 | 4,771 | 0 | 0 | 1,672 | - | - | 1,950 | - |
Cash received from sale of discontinued operations | ||||||||
0 | 0 | 49,000 | 0 | 0 | - | - | - | - |
Expenses paid with respect to sale of discontinued operations | ||||||||
0 | 0 | 1,954 | 0 | 0 | - | - | - | - |
Net cash (used in) provided by investing activities | ||||||||
-202 | -7,511 | 45,933 | -2,933 | -9,404 | - | - | - | - |
Cash flows from financing activities: | ||||||||
Proceeds from issuance of common stock under employee stock purchase plan | ||||||||
511 | 523 | 446 | 499 | 0 | - | 66,598 | - | - |
Payment of contingent consideration on acquisition | ||||||||
-1,500 | 0 | 0 | -431 | 0 | - | - | - | - |
Net cash used in investing activities | ||||||||
- | - | - | - | - | -4,026 | -2,084 | 5,547 | -1,197 |
Repayment of amount outstanding under credit facility | ||||||||
- | - | - | - | - | - | 6,000 | - | - |
Proceeds from the exercise of stock option awards | ||||||||
6,749 | 1,845 | 699 | 161 | 108 | 767 | 912 | 433 | 344 |
Principal portion of capital lease payments | ||||||||
0 | 0 | 214 | 19 | 0 | - | - | - | - |
Proceeds from preferred stock issuance, net of $1,321 issuance costs | ||||||||
- | - | - | - | - | - | - | - | 35,679 |
Treasury stock — repurchase of stock | ||||||||
0 | 23,537 | 2,406 | 6,037 | 0 | - | - | - | 83 |
Tax withholdings related to net share settlements of restricted stock units | ||||||||
1,391 | 1,312 | 1,842 | 505 | 494 | 565 | - | - | - |
Net cash provided by (used in) financing activities | ||||||||
4,369 | -22,481 | -3,317 | -6,332 | -386 | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||
6,449 | -28,232 | 31,985 | -16,165 | - | - | - | - | - |
Net cash used in financing activities | ||||||||
- | - | - | - | - | 202 | 61,510 | 433 | 35,940 |
Net increase (decrease) in cash and cash equivalents | ||||||||
- | - | - | - | -17,749 | - | - | - | - |
Effect of exchange rate changes in cash and cash equivalents | ||||||||
56 | -429 | 405 | -392 | -151 | - | - | - | - |
Net (decrease) increase in cash and cash equivalents | ||||||||
- | - | - | - | - | -14,808 | 60,308 | 877 | 15,946 |
Effect of exchange rate changes in cash and cash equivalents | ||||||||
- | - | - | - | - | -96 | -150 | -58 | 177 |