| Jul'19 | Jul'18 | Jul'17 | Jul'16 | |||
|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | ||||||
Net loss | ||||||
-28,655 | -33,646 | -35,460 | -27,438 | |||
Adjustments to reconcile net loss to cash provided by operating activities: | ||||||
Depreciation and amortization expense | ||||||
10,400 | 8,000 | 6,800 | 4,872 | |||
Amortization expense of acquired intangible assets | ||||||
908 | 0 | 0 | - | |||
Amortization of deferred contract acquisition costs | ||||||
18,651 | 13,181 | 8,474 | 5,515 | |||
Stock-based compensation expense | ||||||
46,423 | 11,224 | 9,919 | 3,617 | |||
Deferred income taxes | ||||||
1,392 | 0 | 0 | - | |||
Accretion of purchased discounts, net of amortization of investment premiums | ||||||
2,181 | 0 | 0 | - | |||
Other | ||||||
-284 | -130 | 89 | 59 | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
31,730 | 22,559 | 14,563 | 6,188 | |||
Deferred contract acquisition costs | ||||||
32,526 | 34,429 | 21,999 | 13,502 | |||
Prepaid expenses, other current and noncurrent assets | ||||||
7,642 | 5,068 | 2,718 | 115 | |||
Accounts payable | ||||||
495 | -779 | 2,249 | 563 | |||
Accrued expenses, other current and noncurrent liabilities | ||||||
-336 | 2,076 | 5,376 | 2,085 | |||
Accrued compensation | ||||||
-1,849 | 11,785 | 5,246 | 2,601 | |||
Deferred revenue | ||||||
87,179 | 67,404 | 30,706 | 16,133 | |||
Net cash provided by operating activities | ||||||
58,027 | 17,307 | -6,019 | -11,916 | |||
Cash Flows From Investing Activities | ||||||
Purchases of property, equipment and other assets | ||||||
25,520 | 13,397 | 7,783 | 5,402 | |||
Capitalized internal-use software | ||||||
3,162 | 1,773 | 391 | 845 | |||
Acquired intangible assets | ||||||
1,480 | 0 | 0 | - | |||
Payments for business acquisitions, net of cash acquired | ||||||
11,432 | 0 | 0 | - | |||
Change in restricted cash | ||||||
- | - | - | 400 | |||
Purchases of short-term investments | ||||||
335,186 | 163,366 | 0 | 0 | |||
Proceeds from maturities of short-term investments | ||||||
199,716 | 433 | 0 | - | |||
Proceeds from sale of short-term investments | ||||||
14,990 | 0 | 0 | - | |||
Other | ||||||
- | - | - | 0 | |||
Net cash used in investing activities | ||||||
-162,074 | -178,103 | -8,174 | -6,647 | |||
Cash Flows From Financing Activities | ||||||
Proceeds from initial public offering, net of underwriting discounts and commissions | ||||||
0 | 205,344 | 0 | 0 | |||
Payments of offering costs related to initial public offering | ||||||
1,797 | 4,336 | 31 | 0 | |||
Proceeds from issuance of preferred stock, net of issuance costs | ||||||
- | - | - | 24,957 | |||
Proceeds from issuance of common stock upon exercise of stock options | ||||||
29,862 | 4,985 | 2,971 | 991 | |||
Proceeds from issuance of common stock related to early exercised stock options | ||||||
0 | 869 | 4,701 | 782 | |||
Proceeds from issuance of common stock under the employee stock purchase plan | ||||||
16,436 | 0 | 0 | - | |||
Repurchases of unvested common stock | ||||||
22 | 3,811 | 0 | 0 | |||
Repayments of notes receivable from stockholders | ||||||
1,905 | 5,346 | 1,856 | 833 | |||
Net cash provided by financing activities | ||||||
46,384 | 208,397 | 9,497 | 27,563 | |||
Net decrease in cash, cash equivalents and restricted cash | ||||||
-57,663 | 47,601 | -4,696 | 9,000 | |||
Supplemental Disclosure of Cash Flow Information: | ||||||
Cash paid for income taxes, net of tax refunds | ||||||
1,770 | 870 | 385 | 319 | |||
Noncash activities | ||||||
Net change in purchased equipment included in accounts payable and accrued expenses | ||||||
2,911 | -537 | 746 | 142 | |||
Accretion of Series C and D redeemable convertible preferred stock | ||||||
0 | 6,332 | 9,570 | 8,648 | |||
Issuance of notes receivable related to early exercised stock options | ||||||
- | - | - | 4,373 | |||
Repurchases of unvested common stock by cancellation of indebtedness | ||||||
0 | 214 | 263 | 2,931 | |||
Vesting of early exercised common stock options | ||||||
983 | 3,255 | 3,702 | 2,862 | |||
Net change in deferred offering costs accrued | ||||||
-2,097 | 940 | 1,157 | 0 | |||
Conversion of redeemable convertible preferred stock to common stock | ||||||
0 | 207,309 | 0 | 0 | |||
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets: | ||||||
Capitalized leasehold improvements paid directly by landlord | ||||||
- | - | - | 1,491 | |||