| Jan'20 | Jan'19 | Jan'18 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
-568,357 | -138,902 | -140,063 | ||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
27,127 | 16,816 | 14,320 | ||||
Loss on disposal of property and equipment | ||||||
-39 | -2,281 | 0 | ||||
Stock-based compensation | ||||||
426,524 | 23,132 | 8,709 | ||||
Non-cash operating lease expense | ||||||
8,963 | - | - | ||||
Amortization of deferred contract acquisition costs | ||||||
8,200 | 3,200 | 600 | ||||
Net amortization of bond premium (discount) debt securities available for sale | ||||||
2,180 | 3,057 | -1,352 | ||||
Change in fair value of strategic investments | ||||||
5,599 | 3,701 | 27 | ||||
Other non-cash charges | ||||||
249 | -546 | -366 | ||||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
58,202 | 50,305 | 21,964 | ||||
Prepaid expenses and other assets | ||||||
20,594 | 53,072 | -6,362 | ||||
Accounts payable | ||||||
6,726 | 2,846 | 4,851 | ||||
Operating lease liabilities | ||||||
-9,495 | - | - | ||||
Accrued compensation and benefits | ||||||
19,045 | 22,504 | 12,470 | ||||
Deferred revenue | ||||||
134,841 | 116,420 | 68,469 | ||||
Other current and long-term liabilities | ||||||
20,869 | 20,279 | 8,927 | ||||
Net cash used in operating activities | ||||||
-12,389 | -41,059 | -35,617 | ||||
Cash flows from investing activities: | ||||||
Purchases of marketable securities | ||||||
290,188 | 967,055 | 510,755 | ||||
Maturities of marketable securities | ||||||
517,583 | 727,616 | 278,263 | ||||
Sales of marketable securities | ||||||
166,074 | 11,271 | 16,934 | ||||
Acquisitions of businesses, net of cash acquired | ||||||
0 | 45,313 | 0 | ||||
Acquisition of intangible assets | ||||||
2,500 | 2,382 | 0 | ||||
Purchases of property and equipment | ||||||
49,626 | 56,180 | 22,044 | ||||
Sales of property and equipment | ||||||
0 | 762 | 0 | ||||
Capitalized software development costs | ||||||
0 | 840 | 50 | ||||
Purchase of strategic investments | ||||||
14,132 | 2,276 | 2,901 | ||||
Proceeds from liquidation of strategic investments | ||||||
2,917 | 976 | 117 | ||||
Net cash provided by (used in) investing activities | ||||||
330,128 | -333,421 | -240,436 | ||||
Cash flows from financing activities: | ||||||
Proceeds from exercise of stock options | ||||||
14,227 | 4,783 | 2,912 | ||||
Payments for Repurchase of Common Stock | ||||||
0 | 0 | 40,506 | ||||
Payment of contingent consideration for an acquisition | ||||||
5,000 | 0 | 0 | ||||
Issuance of common stock for employee stock purchase plan | ||||||
7,351 | 0 | 0 | ||||
Net proceeds from issuance of convertible preferred stock | ||||||
0 | 426,880 | 412,362 | ||||
Repurchase of convertible preferred stock | ||||||
0 | 0 | 77,733 | ||||
Capital contributions from noncontrolling interest holders | ||||||
3,840 | 0 | 0 | ||||
Distributions to noncontrolling interest holders | ||||||
1,372 | 0 | 0 | ||||
Issuance of common stock to third party | ||||||
0 | 6,084 | 0 | ||||
Other financing activities | ||||||
-556 | -70 | 0 | ||||
Net cash provided by financing activities | ||||||
18,490 | 437,677 | 297,035 | ||||
Net increase in cash, cash equivalents and restricted cash | ||||||
336,229 | 63,197 | 20,982 | ||||
Supplemental disclosure of cash flow information: | ||||||
Cash paid for income taxes | ||||||
2,296 | 876 | 947 | ||||
Non-cash investing and financing activities: | ||||||
Increase (decrease) in purchases of property and equipment included in liabilities | ||||||
-11,435 | 6,334 | 763 | ||||
Vesting of early exercised stock options | ||||||
260 | 366 | 480 | ||||
Unrealized short-term gain (loss) on marketable securities | ||||||
578 | 791 | -677 | ||||