Bandwidth Inc(NASDAQ:BAND) 
Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or messaging communications services acros...
Website: http://www.bandwidth.com
Founded: 1999
IPO Price: $20.00 (Nov 10, 2017)
Full Time Employees: 772
CEO: David Morken
Sector: Technology
Industry: Software-Infrastructure
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 208,784,000 | 207,668,000 | 191,895,000 | 180,013,000 | 174,241,000 | 209,969,000 | 193,883,000 | 173,602,000 | 171,033,000 | 165,386,000 | 152,013,000 | 145,874,000 | 137,844,000 | 156,974,000 | 148,325,000 | 136,489,000 | 131,364,000 | 91,193,750 | 130,638,000 | 120,658,000 | 113,479,000 | 57,516,500 | 84,758,000 | 76,790,000 | 68,518,000 | 42,647,750 | 60,491,000 | 56,779,000 | 53,321,000 | 37,942,500 | 50,454,000 | 48,304,000 | 53,012,000 | 30,122,250 | 41,338,000 |
yoy | 19.82% | -1.10% | -1.03% | 3.69% | 1.88% | 26.96% | 27.54% | 19.01% | 24.08% | 5.36% | 2.49% | 6.88% | 4.93% | 72.13% | 13.54% | 13.12% | 15.76% | 58.55% | 54.13% | 57.13% | 65.62% | 34.86% | 40.12% | 35.24% | 28.50% | 12.40% | 19.89% | 17.55% | 0.58% | 25.96% | 22.05% | ||||
qoq | 0.54% | 8.22% | 6.60% | 3.31% | -17.02% | 8.30% | 11.68% | 1.50% | 3.41% | 8.80% | 4.21% | 5.83% | -12.19% | 5.83% | 8.67% | 3.90% | 44.05% | -30.19% | 8.27% | 6.33% | 97.30% | -32.14% | 10.38% | 12.07% | 60.66% | -29.50% | 6.54% | 6.49% | 40.53% | -24.80% | 4.45% | -8.88% | 75.99% | -27.13% | |
cost of revenue | 130,870,000 | 129,591,000 | 118,097,000 | 108,349,000 | 102,729,000 | 133,458,000 | 120,749,000 | 108,773,000 | 105,549,000 | 103,336,000 | 92,514,000 | 86,919,000 | 82,191,000 | 92,903,000 | 84,861,000 | 81,085,000 | 75,950,000 | 49,945,500 | 72,395,000 | 66,059,000 | 61,328,000 | 30,973,750 | 45,527,000 | 42,009,000 | 36,359,000 | 22,995,000 | 33,104,000 | 30,110,000 | 28,766,000 | 19,851,000 | 27,474,000 | 26,566,000 | 25,364,000 | 16,607,750 | 22,571,000 |
gross profit | 77,914,000 | 78,077,000 | 73,798,000 | 71,664,000 | 71,512,000 | 76,511,000 | 73,134,000 | 64,829,000 | 65,484,000 | 62,050,000 | 59,499,000 | 58,955,000 | 55,653,000 | 64,071,000 | 63,464,000 | 55,404,000 | 55,414,000 | 53,530,000 | 58,243,000 | 54,599,000 | 52,151,000 | 51,690,000 | 39,231,000 | 34,781,000 | 32,159,000 | 29,024,000 | 27,387,000 | 26,669,000 | 24,555,000 | 23,602,000 | 22,980,000 | 21,738,000 | 27,648,000 | 19,635,000 | 18,767,000 |
yoy | 8.95% | 2.05% | 0.91% | 10.54% | 9.21% | 23.31% | 22.92% | 9.96% | 17.66% | -3.15% | -6.25% | 6.41% | 0.43% | 19.69% | 8.96% | 1.47% | 6.26% | 3.56% | 48.46% | 56.98% | 62.17% | 78.09% | 43.25% | 30.42% | 30.97% | 22.97% | 19.18% | 22.68% | -11.19% | 20.20% | 22.45% | ||||
qoq | -0.21% | 5.80% | 2.98% | 0.21% | -6.53% | 4.62% | 12.81% | -1.00% | 5.53% | 4.29% | 0.92% | 5.93% | -13.14% | 0.96% | 14.55% | -0.02% | 3.52% | -8.09% | 6.67% | 4.69% | 0.89% | 31.76% | 12.79% | 8.15% | 10.80% | 5.98% | 2.69% | 8.61% | 4.04% | 2.71% | 5.71% | -21.38% | 40.81% | 4.63% | |
gross margin % | 37.32% | 37.60% | 38.46% | 39.81% | 41.04% | 36.44% | 37.72% | 37.34% | 38.29% | 37.52% | 39.14% | 40.42% | 40.37% | 40.82% | 42.79% | 40.59% | 42.18% | 58.70% | 44.58% | 45.25% | 45.96% | 89.87% | 46.29% | 45.29% | 46.94% | 68.06% | 45.27% | 46.97% | 46.05% | 62.20% | 45.55% | 45.00% | 52.15% | 65.18% | 45.40% |
operating expenses | |||||||||||||||||||||||||||||||||||
research and development | 38,466,000 | 37,128,000 | 33,008,000 | 31,749,000 | 30,632,000 | 31,412,000 | 30,171,000 | 28,132,000 | 28,912,000 | 28,883,000 | 24,792,000 | 24,852,000 | 25,661,000 | 26,255,000 | 25,044,000 | 24,264,000 | 22,427,000 | 15,664,000 | 13,359,000 | 12,817,000 | 13,333,000 | 12,743,000 | 10,232,000 | 9,554,000 | 9,530,000 | 8,149,000 | 7,939,000 | 7,656,000 | 7,717,000 | 6,786,000 | 5,895,000 | 4,435,000 | 3,781,000 | 2,927,000 | 2,771,000 |
sales and marketing | 24,627,000 | 25,707,000 | 24,702,000 | 24,818,000 | 26,456,000 | 28,208,000 | 26,285,000 | 26,066,000 | 29,139,000 | 26,269,000 | 25,011,000 | 25,754,000 | 25,029,000 | 26,995,000 | 23,184,000 | 23,327,000 | 23,152,000 | 13,649,000 | 13,592,000 | 12,584,000 | 11,992,000 | 13,479,000 | 9,001,000 | 8,655,000 | 9,417,000 | 9,373,000 | 8,784,000 | 8,514,000 | 8,349,000 | 6,133,000 | 5,422,000 | 4,654,000 | 4,522,000 | 3,119,000 | 3,128,000 |
general and administrative | 19,442,000 | 19,168,000 | 18,096,000 | 18,845,000 | 19,111,000 | 19,562,000 | 17,576,000 | 16,705,000 | 17,849,000 | 16,933,000 | 15,843,000 | 15,868,000 | 16,719,000 | 17,838,000 | 16,623,000 | 16,863,000 | 16,705,000 | 28,289,000 | 30,354,000 | 28,264,000 | 26,863,000 | 37,685,000 | 18,134,000 | 16,840,000 | 16,096,000 | 14,963,000 | 15,269,000 | 14,282,000 | 14,333,000 | 13,953,000 | 11,576,000 | 11,490,000 | 10,569,000 | 11,378,000 | 9,797,000 |
total operating expenses | 82,535,000 | 82,003,000 | 75,806,000 | 75,412,000 | 76,199,000 | 79,182,000 | 74,032,000 | 70,903,000 | 75,900,000 | 72,085,000 | 65,646,000 | 66,474,000 | 67,409,000 | 71,088,000 | 64,851,000 | 64,454,000 | 62,284,000 | 57,602,000 | 57,305,000 | 53,665,000 | 52,188,000 | 63,907,000 | 37,367,000 | 35,049,000 | 35,043,000 | 32,485,000 | 31,992,000 | 30,452,000 | 30,399,000 | 26,872,000 | 22,893,000 | 20,579,000 | 18,872,000 | 17,424,000 | 15,696,000 |
operating income | -4,621,000 | -3,926,000 | -2,008,000 | -3,748,000 | -4,687,000 | -2,671,000 | -898,000 | -6,074,000 | -10,416,000 | -10,035,000 | -6,147,000 | -7,519,000 | -11,756,000 | -7,017,000 | -1,387,000 | -9,050,000 | -6,870,000 | -4,072,000 | 938,000 | 934,000 | -37,000 | -12,217,000 | 1,864,000 | -268,000 | -2,884,000 | -3,461,000 | -4,605,000 | -3,783,000 | -5,844,000 | -3,270,000 | 87,000 | 1,159,000 | 8,776,000 | 2,211,000 | 3,071,000 |
yoy | -1.41% | 46.99% | 123.61% | -38.29% | -55.00% | -73.38% | -85.39% | -19.22% | -11.40% | 43.01% | 343.19% | -16.92% | 71.12% | 72.32% | -247.87% | -1068.95% | 18467.57% | -66.67% | -49.68% | -448.51% | -98.72% | 252.99% | -140.48% | -92.92% | -50.65% | 5.84% | -5393.10% | -426.40% | -166.59% | -247.90% | -97.17% | ||||
qoq | 17.70% | 95.52% | -46.42% | -20.03% | 75.48% | 197.44% | -85.22% | -41.69% | 3.80% | 63.25% | -18.25% | -36.04% | 67.54% | 405.91% | -84.67% | 31.73% | 68.71% | -534.12% | 0.43% | -2624.32% | -99.70% | -755.42% | -795.52% | -90.71% | -16.67% | -24.84% | 21.73% | -35.27% | 78.72% | -3858.62% | -92.49% | -86.79% | 296.92% | -28.00% | |
operating margin % | -2.21% | -1.89% | -1.05% | -2.08% | -2.69% | -1.27% | -0.46% | -3.50% | -6.09% | -6.07% | -4.04% | -5.15% | -8.53% | -4.47% | -0.94% | -6.63% | -5.23% | -4.47% | 0.72% | 0.77% | -0.03% | -21.24% | 2.20% | -0.35% | -4.21% | -8.12% | -7.61% | -6.66% | -10.96% | -8.62% | 0.17% | 2.40% | 16.55% | 7.34% | 7.43% |
other income | 603,000 | -43,000 | -1,016,000 | -500,000 | 283,000 | 1,609,000 | 577,000 | -469,000 | 983,000 | 143,000 | 798,000 | -218,000 | -528,000 | 2,191,000 | -338,000 | 2,385,000 | 235,000 | 7,185,000 | -4,206,000 | -3,868,000 | -906,000 | -1,688,000 | 781,000 | 729,000 | 201,000 | 60,500 | 103,000 | 90,000 | 49,000 | ||||||
net gain on extinguishment of debt | 7,283,000 | 1,082,000 | 10,267,000 | 12,767,000 | |||||||||||||||||||||||||||||||
interest expense | -673,000 | -495,000 | -498,000 | -547,000 | |||||||||||||||||||||||||||||||
total other income | 7,213,000 | -538,000 | -1,514,000 | -1,047,000 | 877,000 | -252,000 | 577,000 | 9,798,000 | 983,000 | -665,000 | 798,000 | 3,782,000 | 12,239,000 | ||||||||||||||||||||||
income before income taxes | 2,592,000 | -4,464,000 | -3,522,000 | -4,795,000 | -3,810,000 | -2,923,000 | -321,000 | 3,724,000 | -9,433,000 | -10,700,000 | -5,349,000 | -3,737,000 | 483,000 | 32,331,000 | -1,725,000 | -6,665,000 | -6,635,000 | -12,262,000 | -6,629,000 | -6,656,000 | -5,648,000 | -18,704,000 | -2,342,000 | -4,136,000 | -3,790,000 | -2,703,000 | -3,824,000 | -3,054,000 | -5,643,000 | 8,825,000 | |||||
income tax benefit | 1,526,000 | 1,464,000 | 2,281,000 | -136,000 | 70,000 | 1,164,000 | 734,000 | 331,000 | 200,000 | -234,000 | 219,000 | -153,000 | 3,128,000 | 1,103,000 | 923,000 | 417,000 | -179,000 | -272,000 | 332,000 | -1,222,000 | -10,000 | -16,505,000 | 2,732,000 | 747,000 | 2,810,000 | 6,526,000 | 7,635,000 | 1,921,000 | 2,320,000 | 9,263,000 | |||||
net income | 4,118,000 | -3,000,000 | -1,241,000 | -4,931,000 | -3,740,000 | -1,759,000 | 413,000 | 4,055,000 | -9,233,000 | -10,934,000 | -5,130,000 | -3,890,000 | 3,611,000 | 33,434,000 | -802,000 | -6,248,000 | -6,814,000 | -8,174,000 | -6,944,000 | -6,928,000 | -5,316,000 | -19,926,000 | -2,352,000 | -20,641,000 | -1,058,000 | -1,956,000 | -1,014,000 | 3,472,000 | 1,992,000 | -1,290,000 | 2,510,000 | 10,512,000 | 6,191,000 | -599,000 | 1,634,000 |
yoy | -210.11% | 70.55% | -400.48% | -221.60% | -59.49% | -83.91% | -108.05% | -204.24% | -355.69% | -132.70% | 539.65% | -37.74% | -152.99% | -509.03% | -88.45% | -9.82% | 28.18% | -58.98% | 195.24% | -66.44% | 402.46% | 918.71% | 131.95% | -694.50% | -153.11% | 51.63% | -140.40% | -66.97% | -67.82% | 115.36% | 53.61% | ||||
qoq | -237.27% | 141.74% | -74.83% | 31.84% | 112.62% | -525.91% | -89.82% | -143.92% | -15.56% | 113.14% | 31.88% | -207.73% | -89.20% | -4268.83% | -87.16% | -8.31% | -16.64% | 17.71% | 0.23% | 30.32% | -73.32% | 747.19% | -88.61% | 1850.95% | -45.91% | 92.90% | -129.21% | 74.30% | -254.42% | -151.39% | -76.12% | 69.79% | -1133.56% | -136.66% | |
net income margin % | 1.97% | -1.44% | -0.65% | -2.74% | -2.15% | -0.84% | 0.21% | 2.34% | -5.40% | -6.61% | -3.37% | -2.67% | 2.62% | 21.30% | -0.54% | -4.58% | -5.19% | -8.96% | -5.32% | -5.74% | -4.68% | -34.64% | -2.77% | -26.88% | -1.54% | -4.59% | -1.68% | 6.11% | 3.74% | -3.40% | 4.97% | 21.76% | 11.68% | -1.99% | 3.95% |
net income per share | -0.13 | -0.053 | -0.2 | -0.15 | -0.138 | -0.03 | -0.25 | -0.27 | -0.193 | -0.28 | -0.21 | ||||||||||||||||||||||||
basic | 0.13 | -0.083 | -0.04 | -0.16 | -0.06 | 0.02 | 0.15 | -0.35 | 0.14 | -0.28 | -0.82 | -0.1 | -0.86 | -0.04 | -0.09 | -0.04 | 0.15 | 0.1 | 0.263 | 0.13 | 0.58 | 0.35 | -0.06 | 0.12 | |||||||||||
diluted | -0.08 | -0.083 | -0.04 | -0.16 | -0.06 | 0.01 | -0.17 | -0.35 | -0.28 | -0.28 | -0.82 | -0.1 | -0.86 | -0.04 | -0.09 | -0.04 | 0.14 | 0.09 | 0.228 | 0.12 | 0.5 | 0.3 | -0.05 | 0.11 | |||||||||||
numerator used to compute net income per share: | |||||||||||||||||||||||||||||||||||
basic | 4,118 | -4,931 | 4,055 | -9,233 | 3,611 | ||||||||||||||||||||||||||||||
diluted | -2,579 | -4,931 | -5,043 | -9,233 | -8,087 | ||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding: | |||||||||||||||||||||||||||||||||||
basic | 31,681,879 | 30,278,516 | 29,889,020 | 27,209,698 | 27,374,367 | 27,079,333 | 26,493,802 | 25,612,724 | 25,448,452 | 25,282,796 | 25,090,916 | 25,096,026 | 24,092,574 | 24,175,762 | 23,973,663 | 23,563,569 | 22,640,461 | 23,426,455 | 23,102,553 | 20,498,104 | 19,072,196 | 18,154,964 | 17,658,611 | 12,590,221 | 11,828,657 | ||||||||||
diluted | 32,957,834 | 30,278,516 | 29,889,020 | 27,209,698 | 28,615,520 | 29,500,598 | 26,493,802 | 25,612,724 | 29,273,258 | 30,907,869 | 25,090,916 | 25,096,026 | 24,092,574 | 24,175,762 | 23,973,663 | 23,563,569 | 23,923,777 | 23,426,455 | 24,447,417 | 21,975,944 | 21,146,124 | 20,893,653 | 20,484,753 | 14,543,170 | 13,252,737 | ||||||||||
interest income | -488,000 | ||||||||||||||||||||||||||||||||||
net income per share | -0.13 | -0.053 | -0.2 | -0.15 | -0.138 | -0.03 | -0.25 | -0.27 | -0.193 | -0.28 | -0.21 | ||||||||||||||||||||||||
weighted-average number of common shares outstanding, basic and diluted | 29,996,861 | 28,982,432 | 25,613,441 | 25,555,219 | 25,304,057 | 25,279,615 | 25,220,052 | 25,114,762 | 25,015,948 | ||||||||||||||||||||||||||
gain on business interruption insurance recoveries | 4,000,000 | ||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding, basic and diluted | 29,996,861 | 28,982,432 | 25,613,441 | 25,555,219 | 25,304,057 | 25,279,615 | 25,220,052 | 25,114,762 | 25,015,948 | ||||||||||||||||||||||||||
basic | 31,681,879 | 30,278,516 | 29,889,020 | 27,209,698 | 27,374,367 | 27,079,333 | 26,493,802 | 25,612,724 | 25,448,452 | 25,282,796 | 25,090,916 | 25,096,026 | 24,092,574 | 24,175,762 | 23,973,663 | 23,563,569 | 22,640,461 | 23,426,455 | 23,102,553 | 20,498,104 | 19,072,196 | 18,154,964 | 17,658,611 | 12,590,221 | 11,828,657 | ||||||||||
diluted | 32,957,834 | 30,278,516 | 29,889,020 | 27,209,698 | 28,615,520 | 29,500,598 | 26,493,802 | 25,612,724 | 29,273,258 | 30,907,869 | 25,090,916 | 25,096,026 | 24,092,574 | 24,175,762 | 23,973,663 | 23,563,569 | 23,923,777 | 23,426,455 | 24,447,417 | 21,975,944 | 21,146,124 | 20,893,653 | 20,484,753 | 14,543,170 | 13,252,737 | ||||||||||
other expense | -5,192,000 | -7,567,000 | -7,590,000 | -5,611,000 | -487,500 | -538,000 | |||||||||||||||||||||||||||||
income tax provision | -63,750 | -315,000 | -2,634,000 | -971,500 | -899,000 | ||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities, net of income taxes | 8,000 | ||||||||||||||||||||||||||||||||||
total comprehensive income | 2,000,000 | -1,288,000 | 2,509,000 | 10,516,000 | 6,185,000 | ||||||||||||||||||||||||||||||
earnings per share: | |||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 1,992 | 4,803.25 | 2,510 | 10,512 | 6,191 | -385 | 1,421 | ||||||||||||||||||||||||||||
income before taxes | 2,566,000 | 190,000 | 1,249,000 | ||||||||||||||||||||||||||||||||
other comprehensive loss | |||||||||||||||||||||||||||||||||||
unrealized loss on marketable securities, net of income tax benefit | 2,000 | -1,000 | |||||||||||||||||||||||||||||||||
less: net income allocated to participating securities | |||||||||||||||||||||||||||||||||||
unrealized gain on marketable securities, net of income tax benefit | 4,000 | ||||||||||||||||||||||||||||||||||
other comprehensive loss: | |||||||||||||||||||||||||||||||||||
change in unrealized net loss on marketable securities, net of income tax benefit of 0 and 2, respectively | -6,000 | ||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 2,433,000 | 2,533,000 | |||||||||||||||||||||||||||||||||
income from continuing operations | -599,000 | 1,634,000 | |||||||||||||||||||||||||||||||||
loss from discontinued operations, net of income taxes | |||||||||||||||||||||||||||||||||||
total comprehensive income, net of income tax | 1,642,500 | 1,634,000 | |||||||||||||||||||||||||||||||||
less: income allocated to participating securities | -214 | 213 | |||||||||||||||||||||||||||||||||
income from continuing operations attributable to common stockholders | -385 | 1,421 | |||||||||||||||||||||||||||||||||
income from continuing operations per share: | |||||||||||||||||||||||||||||||||||
basic | -0.06 | 0.12 | |||||||||||||||||||||||||||||||||
diluted | -0.05 | 0.11 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 |
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assets | ||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||
cash and cash equivalents | 47,283,000 | 102,788,000 | 73,373,000 | 60,136,000 | 35,933,000 | 81,812,000 | 74,940,000 | 62,044,000 | 105,390,000 | 131,987,000 | 107,373,000 | 91,824,000 | 85,298,000 | 113,641,000 | 166,384,000 | 165,310,000 | 316,008,000 | 331,453,000 | 321,819,000 | 309,615,000 | 319,731,000 | 72,163,000 | 300,179,000 | 290,979,000 | 491,982,000 | 192,410,000 | 140,091,000 | 138,871,000 | 41,261,000 | 48,574,000 | 45,806,000 | 38,773,000 | 5,366,000 | |
marketable securities | 2,990,000 | 8,476,000 | 6,999,000 | 8,000,000 | 5,758,000 | 1,975,000 | 4,967,000 | 14,399,000 | 41,839,000 | 21,488,000 | 31,745,000 | 30,750,000 | 38,214,000 | 71,231,000 | 145,171,000 | 137,562,000 | 55,839,000 | 59,520,000 | 17,400,000 | 14,936,000 | 10,992,000 | 8,492,000 | ||||||||||||
accounts receivable | 101,170,000 | 91,409,000 | 93,390,000 | 89,158,000 | 86,991,000 | 86,455,000 | 99,616,000 | 85,576,000 | 89,452,000 | 78,155,000 | 75,046,000 | 74,864,000 | 63,224,000 | 74,465,000 | 76,597,000 | 76,618,000 | 68,827,000 | 61,572,000 | 75,161,000 | 63,098,000 | 51,458,000 | 55,243,000 | 46,452,000 | 41,779,000 | 37,072,000 | 30,187,000 | 30,030,000 | 26,695,000 | 27,898,000 | 24,009,000 | 23,780,000 | 23,001,000 | 24,404,000 | 18,702,000 |
deferred costs | 4,558,000 | 4,830,000 | 4,595,000 | 4,410,000 | 4,012,000 | 3,729,000 | 3,806,000 | 3,871,000 | 3,740,000 | 4,155,000 | 4,185,000 | 4,385,000 | 3,651,000 | 3,566,000 | 3,772,000 | 3,873,000 | 3,315,000 | 3,204,000 | 2,951,000 | 2,750,000 | 2,572,000 | 2,411,000 | 2,238,000 | 1,992,000 | 1,792,000 | 2,498,000 | 2,522,000 | 2,053,000 | 2,344,000 | 2,630,000 | ||||
prepaid expenses and other current assets | 15,883,000 | 11,557,000 | 14,653,000 | 14,709,000 | 18,718,000 | 13,841,000 | 15,333,000 | 15,492,000 | 16,606,000 | 16,990,000 | 16,037,000 | 18,520,000 | 19,569,000 | 15,724,000 | 24,273,000 | 20,366,000 | 24,166,000 | 15,820,000 | 22,355,000 | 23,360,000 | 13,386,000 | 14,508,000 | 10,022,000 | 10,871,000 | 10,149,000 | 9,260,000 | 8,350,000 | 8,541,000 | 6,971,000 | 6,114,000 | 7,839,000 | 7,395,000 | 6,953,000 | 6,157,000 |
total current assets | 171,884,000 | 219,060,000 | 193,010,000 | 176,413,000 | 151,412,000 | 187,812,000 | 198,662,000 | 181,382,000 | 257,027,000 | 252,775,000 | 234,386,000 | 220,343,000 | 209,956,000 | 279,608,000 | 417,115,000 | 404,613,000 | 413,297,000 | 412,885,000 | 431,525,000 | 408,229,000 | 406,674,000 | 193,599,000 | 590,815,000 | 577,331,000 | 566,873,000 | 226,949,000 | 233,312,000 | 233,219,000 | 235,604,000 | 91,414,000 | 95,129,000 | 87,194,000 | 78,622,000 | 30,225,000 |
property, plant and equipment | 172,157,000 | 174,251,000 | 176,097,000 | 178,622,000 | 176,616,000 | 176,823,000 | 170,131,000 | 173,400,000 | 173,824,000 | 177,864,000 | 176,780,000 | 173,276,000 | 102,075,000 | 99,753,000 | 73,205,000 | 69,459,000 | 68,553,000 | 69,604,000 | 68,267,000 | 66,650,000 | ||||||||||||||
operating right-of-use asset | 152,126,000 | 152,950,000 | 152,612,000 | 153,481,000 | 153,421,000 | 153,601,000 | 152,559,000 | 155,484,000 | 156,353,000 | 157,507,000 | 161,106,000 | 7,120,000 | 8,447,000 | 9,993,000 | 11,251,000 | 13,211,000 | 15,419,000 | 14,061,000 | 15,612,000 | 16,894,000 | 18,008,000 | 19,491,000 | 17,509,000 | 18,699,000 | 19,873,000 | 21,031,000 | ||||||||
intangible assets | 128,830,000 | 138,742,000 | 143,467,000 | 149,730,000 | 145,375,000 | 145,355,000 | 159,254,000 | 155,966,000 | 160,511,000 | 166,914,000 | 164,688,000 | 173,911,000 | 176,242,000 | 177,370,000 | 170,498,000 | 185,855,000 | 202,502,000 | 211,217,000 | 220,566,000 | 230,711,000 | 232,804,000 | 248,055,000 | 6,179,000 | 6,309,000 | 6,439,000 | 6,569,000 | 6,699,000 | 6,829,000 | 6,959,000 | 7,089,000 | 7,219,000 | 7,348,000 | 7,478,000 | 7,853,000 |
deferred costs, non-current | 2,609,000 | 3,098,000 | 3,248,000 | 3,614,000 | 3,996,000 | 4,355,000 | 4,511,000 | 4,800,000 | 4,333,000 | 4,586,000 | 4,715,000 | 4,895,000 | 4,935,000 | 4,938,000 | 5,145,000 | 5,081,000 | 4,853,000 | 4,676,000 | 4,262,000 | 4,022,000 | 3,795,000 | 3,604,000 | 3,412,000 | 3,042,000 | 3,054,000 | 1,952,000 | 1,901,000 | 1,038,000 | 1,433,000 | 1,828,000 | 1,771,000 | 1,811,000 | 1,933,000 | 4,903,000 |
other long-term assets | 7,896,000 | 7,754,000 | 7,858,000 | 4,437,000 | 4,290,000 | 3,977,000 | 4,244,000 | 4,851,000 | 4,911,000 | 5,530,000 | 6,404,000 | 7,591,000 | 28,192,000 | 31,251,000 | 32,293,000 | 28,361,000 | 11,502,000 | 8,673,000 | 7,543,000 | 7,373,000 | 2,029,000 | 1,975,000 | 1,724,000 | 1,939,000 | 1,626,000 | 1,533,000 | 1,250,000 | 2,128,000 | 1,409,000 | 727,000 | 769,000 | 798,000 | 1,047,000 | 1,069,000 |
goodwill | 348,694,000 | 356,772,000 | 357,043,000 | 356,185,000 | 329,264,000 | 317,243,000 | 340,387,000 | 326,220,000 | 328,572,000 | 335,872,000 | 322,003,000 | 330,144,000 | 331,275,000 | 326,405,000 | 298,892,000 | 317,736,000 | 338,070,000 | 344,423,000 | 353,151,000 | 360,551,000 | 356,379,000 | 372,239,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 | 6,867,000 |
total assets | 984,196,000 | 1,052,627,000 | 1,033,335,000 | 1,022,482,000 | 964,374,000 | 989,166,000 | 1,029,748,000 | 1,002,103,000 | 1,085,531,000 | 1,101,048,000 | 1,070,082,000 | 917,280,000 | 861,122,000 | 929,318,000 | 1,008,399,000 | 1,024,316,000 | 1,054,196,000 | 1,065,539,000 | 1,100,926,000 | 1,094,430,000 | 1,070,349,000 | 890,608,000 | 670,432,000 | 657,957,000 | 665,276,000 | 341,416,000 | 320,954,000 | 313,495,000 | 303,655,000 | 150,420,000 | 149,093,000 | 136,553,000 | 115,764,000 | 72,550,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||
accounts payable | 31,694,000 | 42,600,000 | 34,380,000 | 21,292,000 | 16,566,000 | 28,362,000 | 20,557,000 | 31,933,000 | 23,407,000 | 34,208,000 | 31,211,000 | 20,626,000 | 16,376,000 | 26,750,000 | 21,034,000 | 19,543,000 | 8,943,000 | 9,142,000 | 15,688,000 | 8,205,000 | 9,360,000 | 11,665,000 | 7,776,000 | 4,474,000 | 5,325,000 | 4,190,000 | 3,343,000 | 3,089,000 | 3,369,000 | 3,418,000 | 4,294,000 | 1,786,000 | 3,154,000 | 2,518,000 |
accrued expenses and other current liabilities | 87,381,000 | 91,151,000 | 85,221,000 | 94,196,000 | 81,281,000 | 98,121,000 | 94,414,000 | 69,256,000 | 68,113,000 | 69,014,000 | 60,452,000 | 58,690,000 | 57,514,000 | 62,577,000 | 75,053,000 | 62,329,000 | 65,480,000 | 65,921,000 | 76,259,000 | 66,553,000 | 55,884,000 | 63,065,000 | 34,360,000 | 29,405,000 | 23,781,000 | 27,328,000 | 28,002,000 | 24,120,000 | 21,768,000 | 21,393,000 | 20,294,000 | 18,531,000 | 14,471,000 | 15,783,000 |
current portion of deferred revenue | 8,815,000 | 8,742,000 | 8,386,000 | 8,169,000 | 7,039,000 | 7,031,000 | 7,020,000 | 7,685,000 | 7,816,000 | 8,059,000 | 7,869,000 | 7,929,000 | 7,302,000 | 7,181,000 | 6,233,000 | 6,520,000 | 6,469,000 | 6,248,000 | 6,362,000 | 6,591,000 | 6,519,000 | 6,515,000 | 5,527,000 | 5,236,000 | 5,046,000 | 5,177,000 | 5,020,000 | 4,887,000 | 5,421,000 | |||||
operating lease liability, current | 4,130,000 | 3,947,000 | 3,655,000 | 3,628,000 | 3,255,000 | 3,111,000 | 3,360,000 | 3,478,000 | 5,089,000 | 5,463,000 | 4,766,000 | 5,090,000 | 6,476,000 | 7,450,000 | 7,166,000 | 7,136,000 | 7,208,000 | 5,807,000 | 6,015,000 | 6,000,000 | 5,594,000 | 5,515,000 | 5,162,000 | 5,067,000 | 4,973,000 | 4,876,000 | ||||||||
current portion of convertible senior notes | 7,627,000 | 7,617,000 | 7,607,000 | 7,598,000 | ||||||||||||||||||||||||||||||
line of credit, current portion | 50,500,000 | 25,000,000 | 40,000,000 | |||||||||||||||||||||||||||||||
total current liabilities | 182,520,000 | 154,067,000 | 139,259,000 | 134,892,000 | 115,739,000 | 140,323,000 | 153,655,000 | 156,463,000 | 108,700,000 | 122,771,000 | 108,603,000 | 97,845,000 | 94,990,000 | 114,007,000 | 117,158,000 | 101,712,000 | 94,717,000 | 93,498,000 | 109,121,000 | 92,347,000 | 81,599,000 | 92,189,000 | 57,841,000 | 48,705,000 | 43,976,000 | 45,738,000 | 41,085,000 | 34,772,000 | 32,761,000 | 32,723,000 | 31,640,000 | 25,924,000 | 24,772,000 | 25,860,000 |
other liabilities | 1,625,000 | 555,000 | 610,000 | 584,000 | 575,000 | 576,000 | 360,000 | 354,000 | 371,000 | 386,000 | 620,000 | 64,252,000 | 13,312,000 | 11,176,000 | 9,601,000 | 8,081,000 | 7,111,000 | 6,018,000 | 5,416,000 | 4,870,000 | 1,635,000 | 1,707,000 | 2,605,000 | 2,392,000 | 704,000 | 1,431,000 | ||||||||
operating lease liability, net of current portion | 219,892,000 | 221,019,000 | 221,059,000 | 221,870,000 | 221,577,000 | 219,191,000 | 219,705,000 | 220,497,000 | 219,728,000 | 220,548,000 | 222,714,000 | 3,457,000 | 3,778,000 | 4,640,000 | 6,426,000 | 8,527,000 | 10,711,000 | 10,958,000 | 12,525,000 | 14,048,000 | 15,609,000 | 17,202,000 | 15,638,000 | 17,065,000 | 18,486,000 | 19,868,000 | ||||||||
deferred revenue, net of current portion | 3,950,000 | 4,972,000 | 5,860,000 | 6,735,000 | 7,965,000 | 7,955,000 | 8,133,000 | 8,142,000 | 8,384,000 | 8,406,000 | 8,098,000 | 8,269,000 | 8,220,000 | 8,306,000 | 8,155,000 | 8,310,000 | 8,029,000 | 7,634,000 | 7,383,000 | 6,871,000 | 6,592,000 | 6,386,000 | 6,331,000 | 6,352,000 | 6,272,000 | 5,720,000 | 5,755,000 | 5,900,000 | 6,359,000 | 6,424,000 | 6,612,000 | 6,851,000 | 7,113,000 | 2,439,000 |
deferred tax liability | 21,839,000 | 24,479,000 | 26,510,000 | 26,838,000 | 26,356,000 | 27,304,000 | 30,348,000 | 28,540,000 | 31,138,000 | 33,021,000 | 32,018,000 | 33,996,000 | 34,328,000 | 38,466,000 | 35,215,000 | 41,373,000 | 46,414,000 | 48,396,000 | 57,997,000 | 59,294,000 | 57,328,000 | 61,005,000 | ||||||||||||
convertible senior notes | 148,699,000 | 247,562,000 | 247,293,000 | 247,025,000 | 246,756,000 | 281,284,000 | 280,972,000 | 280,660,000 | 419,011,000 | 418,526,000 | 418,042,000 | 417,559,000 | 417,085,000 | 480,546,000 | 637,248,000 | 636,474,000 | 635,727,000 | 486,440,000 | 479,155,000 | 471,987,000 | 464,848,000 | 282,196,000 | 277,483,000 | 272,901,000 | 268,383,000 | |||||||||
total liabilities | 578,525,000 | 652,654,000 | 640,591,000 | 637,944,000 | 618,968,000 | 676,633,000 | 693,173,000 | 694,656,000 | 787,332,000 | 803,658,000 | 790,095,000 | 625,378,000 | 571,713,000 | 657,141,000 | 813,803,000 | 804,477,000 | 802,709,000 | 652,944,000 | 671,597,000 | 649,417,000 | 627,611,000 | 460,685,000 | 357,293,000 | 345,023,000 | 337,117,000 | 71,326,000 | 50,568,000 | 44,370,000 | 41,780,000 | 41,650,000 | 40,857,000 | 35,167,000 | 32,589,000 | 65,231,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||
preferred stock: 0.001 par value... | ||||||||||||||||||||||||||||||||||
class a voting common stock: 0.001 par value... | 30,000 | 29,000 | 29,000 | 28,000 | 28,000 | 27,000 | 26,000 | 25,000 | 25,000 | 24,000 | 24,000 | 24,000 | ||||||||||||||||||||||
class b voting common stock: 0.001 par value... | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | ||||||||||||||||||||||
treasury common stock: shares, at cost; 313,936 and 0 shares as of march 31, 2026 and december 31, 2025, respectively | -5,009,000 | |||||||||||||||||||||||||||||||||
additional paid-in capital | 503,269,000 | 485,836,000 | 475,353,000 | 466,358,000 | 457,077,000 | 435,927,000 | 426,757,000 | 418,503,000 | 410,420,000 | 391,048,000 | 383,013,000 | 376,909,000 | 370,814,000 | 364,913,000 | 359,465,000 | 354,662,000 | 349,949,000 | 502,477,000 | 499,738,000 | 495,966,000 | 492,778,000 | 451,463,000 | 342,633,000 | 340,215,000 | 334,777,000 | 275,553,000 | 273,970,000 | 271,628,000 | 267,875,000 | 116,600,000 | 114,778,000 | 110,437,000 | 102,743,000 | 10,661,000 |
accumulated deficit | -80,208,000 | -84,326,000 | -81,326,000 | -80,085,000 | -75,154,000 | -71,414,000 | -69,655,000 | -70,068,000 | -74,123,000 | -64,890,000 | -53,956,000 | -48,826,000 | -44,936,000 | -48,547,000 | -81,981,000 | -81,179,000 | -74,931,000 | -76,867,000 | -68,693,000 | -61,749,000 | -54,821,000 | -49,505,000 | -29,579,000 | -27,227,000 | -6,586,000 | -5,528,000 | -3,572,000 | -2,558,000 | -6,030,000 | -7,848,000 | -6,558,000 | -9,068,000 | -19,580,000 | -25,172,000 |
accumulated other comprehensive loss | -12,413,000 | -1,568,000 | -1,314,000 | -1,765,000 | -36,547,000 | -52,009,000 | -20,555,000 | -41,015,000 | -38,125,000 | -28,794,000 | -49,096,000 | -36,207,000 | -36,495,000 | -44,214,000 | -82,913,000 | -53,669,000 | -23,556,000 | -35,000 | -1,000 | -3,000 | -2,000 | -6,000 | ||||||||||||
total stockholders’ equity | 405,671,000 | 399,973,000 | 392,744,000 | 384,538,000 | 345,406,000 | 312,533,000 | 336,575,000 | 307,447,000 | 298,199,000 | 297,390,000 | 279,987,000 | 291,902,000 | 289,409,000 | 272,177,000 | 194,596,000 | 219,839,000 | 251,487,000 | 412,595,000 | 429,329,000 | 445,013,000 | 442,738,000 | 429,923,000 | 313,139,000 | 312,934,000 | 328,159,000 | 270,090,000 | 270,386,000 | 269,125,000 | 261,875,000 | 108,770,000 | 108,236,000 | 101,386,000 | 83,175,000 | |
total liabilities and stockholders’ equity | 984,196,000 | 1,052,627,000 | 1,033,335,000 | 1,022,482,000 | 964,374,000 | 989,166,000 | 1,029,748,000 | 1,002,103,000 | 1,085,531,000 | 1,101,048,000 | 1,070,082,000 | 917,280,000 | 861,122,000 | 929,318,000 | 1,008,399,000 | 1,024,316,000 | 1,054,196,000 | 1,065,539,000 | 1,100,926,000 | 1,094,430,000 | 1,070,349,000 | 890,608,000 | 670,432,000 | 657,957,000 | 665,276,000 | 341,416,000 | 320,954,000 | 313,495,000 | 303,655,000 | 150,420,000 | 149,093,000 | 136,553,000 | 115,764,000 | |
advanced billings | 3,698,000 | 3,304,000 | 4,111,000 | 4,275,000 | 6,027,000 | 4,305,000 | 5,510,000 | 7,322,000 | 10,049,000 | 7,672,000 | 6,184,000 | 6,617,000 | 6,380,000 | 4,797,000 | 4,998,000 | 4,242,000 | 5,429,000 | 5,016,000 | 4,523,000 | 4,851,000 | 4,167,000 | 4,720,000 | 2,676,000 | 2,203,000 | ||||||||||
class a and class b common | 26,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 24,000 | 24,000 | 23,000 | 23,000 | 23,000 | 23,000 | 19,000 | 19,000 | 18,000 | 12,000 | |||||||||||||||||
restricted cash | 981,000 | 918,000 | 884,000 | 981,000 | 836,000 | 9,239,000 | 9,406,000 | 9,527,000 | 9,274,000 | 1,144,000 | 930,000 | 25,878,000 | 391,000 | |||||||||||||||||||||
preferred stock; 0.001 par value... | ||||||||||||||||||||||||||||||||||
class a voting common stock; 0.001 par value... | 23,000 | 23,000 | 22,000 | 19,000 | 13,000 | |||||||||||||||||||||||||||||
class b voting common stock, 0.001 par value... | 2,000 | 2,000 | 2,000 | 5,000 | 6,000 | |||||||||||||||||||||||||||||
other investments | 10,000,000 | 40,000,000 | 230,780,000 | 230,780,000 | ||||||||||||||||||||||||||||||
accumulated other comprehensive income | -13,040,000 | -1,741,000 | 10,771,000 | 4,756,000 | 27,941,000 | 61,000 | -78,000 | -55,000 | 41,000 | 32,000 | 7,000 | |||||||||||||||||||||||
property and equipment | 50,660,000 | 51,645,000 | 43,926,000 | 43,770,000 | 43,905,000 | 41,654,000 | 36,085,000 | 31,799,000 | 26,363,000 | 25,136,000 | 21,770,000 | 19,331,000 | 15,902,000 | 12,389,000 | ||||||||||||||||||||
deferred tax asset | 16,639,000 | 34,861,000 | 34,449,000 | 31,615,000 | 25,020,000 | 17,359,000 | 15,568,000 | 13,204,000 | 3,915,000 | 9,244,000 | ||||||||||||||||||||||||
cash, cash equivalents and restricted cash | 185,004,000 | |||||||||||||||||||||||||||||||||
deferred rent, net of current portion | 3,728,000 | 3,698,000 | 2,660,000 | 2,503,000 | ||||||||||||||||||||||||||||||
current portion of deferred revenue and advanced billings | 7,912,000 | 7,052,000 | 5,607,000 | 7,080,000 | 4,710,000 | |||||||||||||||||||||||||||||
current portion of long-term debt and capital lease obligations | 67,000 | |||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ deficit | ||||||||||||||||||||||||||||||||||
current portion of long-term debt | 2,849,000 | |||||||||||||||||||||||||||||||||
long-term debt | 35,501,000 | |||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | 21,818,000 | |||||||||||||||||||||||||||||||||
stockholders’ deficit: | ||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -14,499,000 | |||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ deficit | 72,550,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||
net income | 4,118,000 | -9,233,000 | 3,611,000 | -19,926,000 | -2,352,000 | -20,641,000 | -1,058,000 | -1,956,000 | -1,014,000 | 3,472,000 | 1,992,000 | -1,290,000 | 2,510,000 | 10,512,000 | 6,191,000 | -599,000 | ||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||
depreciation and amortization | 17,387,000 | 14,106,000 | 13,840,000 | 13,315,000 | 12,503,000 | 12,104,000 | 12,424,000 | 12,300,000 | 12,414,000 | 12,030,000 | 10,995,000 | 9,798,000 | 8,894,000 | 8,733,000 | 8,779,000 | 8,917,000 | 9,170,000 | 9,164,000 | 9,233,000 | 9,202,000 | 9,043,000 | 6,876,000 | 3,287,000 | 3,342,000 | 3,298,000 | 2,910,000 | 2,307,000 | 2,112,000 | 2,209,000 | 1,715,000 | 1,426,000 | 1,296,000 | 1,387,000 | 1,440,000 |
non-cash reduction to the right-of-use asset | 788,000 | 914,000 | 852,000 | 867,000 | 753,000 | 842,000 | 752,000 | 866,000 | 1,141,000 | 4,096,000 | 1,985,000 | 1,641,000 | 1,601,000 | 1,669,000 | 1,584,000 | |||||||||||||||||||
amortization of debt discount and issuance costs | 310,000 | 330,000 | 345,000 | 344,000 | 365,000 | 377,000 | 370,000 | 437,000 | 525,000 | 525,000 | 510,000 | 474,000 | 1,011,000 | 739,000 | 810,000 | 773,000 | 760,000 | 7,279,000 | 7,167,000 | 7,122,000 | 5,186,000 | 4,731,000 | 4,602,000 | 4,561,000 | 1,753,000 | |||||||||
stock-based compensation | 12,990,000 | 13,884,000 | 12,328,000 | 12,545,000 | 13,575,000 | 13,214,000 | 11,449,000 | 11,360,000 | 12,339,000 | 14,667,000 | 6,942,000 | 8,005,000 | 7,378,000 | 5,596,000 | 4,892,000 | 4,821,000 | 5,346,000 | 2,945,000 | 3,825,000 | 3,377,000 | 4,390,000 | 2,575,000 | 2,382,000 | 2,425,000 | 2,499,000 | 1,666,000 | 1,654,000 | 1,630,000 | 1,676,000 | 1,322,000 | 762,000 | 762,000 | 493,000 | 701,000 |
deferred taxes and other | -2,019,000 | -1,075,000 | 1,867,000 | -1,147,000 | -1,776,000 | -203,000 | -133,000 | -2,743,000 | -1,373,000 | -40,000 | -677,000 | -542,000 | -4,683,000 | -61,000 | -3,309,000 | -2,281,000 | 94,000 | |||||||||||||||||
net gain on extinguishment of debt | -7,283,000 | 0 | 0 | 0 | -1,082,000 | 0 | 0 | 0 | 0 | 0 | -12,767,000 | |||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||
accounts receivable, net of allowance | -9,991,000 | |||||||||||||||||||||||||||||||||
prepaid expenses and other assets | -4,004,000 | 3,085,000 | -3,302,000 | 3,901,000 | -5,366,000 | 1,580,000 | 596,000 | 656,000 | 1,230,000 | 39,000 | 3,059,000 | 552,000 | -1,509,000 | 7,594,000 | -2,892,000 | 837,000 | -11,334,000 | -2,578,000 | -444,000 | -4,654,000 | 925,000 | -1,234,000 | 1,017,000 | -1,050,000 | -991,000 | -1,130,000 | 540,000 | -2,034,000 | -1,552,000 | -804,000 | -502,000 | -149,000 | -471,000 | -152,000 |
accounts payable | -9,245,000 | 7,440,000 | 13,877,000 | 2,685,000 | -10,932,000 | 7,301,000 | -10,828,000 | 7,528,000 | -8,640,000 | 1,221,000 | 10,335,000 | 4,536,000 | -10,707,000 | 2,905,000 | 2,563,000 | 11,731,000 | 11,000 | -5,130,000 | 6,004,000 | -269,000 | 1,387,000 | -2,590,000 | 2,864,000 | -263,000 | 304,000 | 1,314,000 | -74,000 | 340,000 | -435,000 | 609,000 | 1,597,000 | -1,719,000 | -656,000 | -259,000 |
accrued expenses and other liabilities | 6,625,000 | 1,955,000 | -11,202,000 | 6,582,000 | -8,072,000 | -6,883,000 | 21,023,000 | -2,739,000 | 6,707,000 | 2,439,000 | -567,000 | -3,845,000 | -8,619,000 | -12,851,000 | 15,709,000 | -2,257,000 | 3,690,000 | 8,103,000 | 7,938,000 | 565,000 | -6,913,000 | 4,683,000 | 4,448,000 | 7,408,000 | -4,991,000 | 778,000 | 3,112,000 | 3,313,000 | -1,729,000 | -1,645,000 | 2,929,000 | 4,716,000 | -1,174,000 | 6,000 |
operating right-of-use liability | -908,000 | -999,000 | -958,000 | -930,000 | 942,000 | -2,648,000 | -926,000 | -839,000 | -1,181,000 | -1,975,000 | -4,085,000 | -2,020,000 | -1,899,000 | -1,957,000 | -1,679,000 | -1,832,000 | -2,112,000 | -1,692,000 | -1,685,000 | -1,479,000 | -1,371,000 | -1,357,000 | -1,332,000 | -1,327,000 | -1,285,000 | |||||||||
net cash from operating activities | 8,768,000 | 38,614,000 | 22,239,000 | 31,721,000 | -3,083,000 | 36,518,000 | 20,464,000 | 24,436,000 | 2,465,000 | 19,268,000 | 23,001,000 | 3,086,000 | -6,354,000 | 10,566,000 | 24,016,000 | 7,019,000 | -6,695,000 | 17,115,000 | 14,843,000 | -1,164,000 | 10,009,000 | -6,813,000 | 11,647,000 | 7,291,000 | -7,607,000 | 2,227,000 | 1,932,000 | 3,623,000 | -9,035,000 | 632,000 | 6,884,000 | 5,874,000 | 11,243,000 | 4,777,000 |
capital expenditures | -9,350,000 | -7,535,000 | -9,104,000 | -6,090,000 | -10,212,000 | -6,173,000 | -7,794,000 | -2,726,000 | -6,228,000 | -3,910,000 | -2,738,000 | -3,198,000 | -1,634,000 | -9,169,000 | -3,996,000 | -5,492,000 | -8,848,000 | 905,000 | -2,954,000 | -6,104,000 | 760,000 | -1,343,000 | -6,133,000 | -1,833,000 | -9,922,000 | -6,318,000 | -7,685,000 | -1,834,000 | -6,015,000 | -3,791,000 | -1,917,000 | -617,000 | -3,054,000 | |
free cash flows | -582,000 | 31,079,000 | 13,135,000 | 25,631,000 | -13,295,000 | 30,345,000 | 12,670,000 | 21,710,000 | 13,040,000 | 19,091,000 | 348,000 | -9,552,000 | 8,932,000 | 14,847,000 | 3,023,000 | -12,187,000 | 8,267,000 | 15,748,000 | -4,118,000 | 3,905,000 | -6,053,000 | 10,304,000 | 1,158,000 | -9,440,000 | -7,695,000 | -4,386,000 | -4,062,000 | -10,869,000 | -5,383,000 | 3,093,000 | 3,957,000 | 10,626,000 | 1,723,000 | |
cash flows from investing activities | ||||||||||||||||||||||||||||||||||
purchase of property, plant and equipment | -7,092,000 | -5,073,000 | -6,250,000 | -3,570,000 | -7,368,000 | -3,350,000 | -3,491,000 | -3,829,000 | -3,316,000 | -3,970,000 | -1,428,000 | -970,000 | -2,889,000 | |||||||||||||||||||||
capitalized software development costs | -2,258,000 | -2,462,000 | -2,854,000 | -2,520,000 | -2,844,000 | -2,823,000 | -2,728,000 | -2,287,000 | -3,556,000 | -2,258,000 | -3,383,000 | -3,344,000 | -1,657,000 | -1,634,000 | -890,000 | -578,000 | -653,000 | -714,000 | -808,000 | -1,301,000 | -1,103,000 | -473,000 | -348,000 | -708,000 | -790,000 | -795,000 | -1,074,000 | -1,080,000 | -595,000 | 1,483,000 | -1,964,000 | -1,106,000 | -441,000 | -356,000 |
purchase of marketable securities | -1,979,000 | -3,447,000 | -1,978,000 | -5,985,000 | -4,717,000 | -1,969,000 | -985,000 | -9,332,000 | -21,764,000 | -20,000,000 | -20,000,000 | -29,776,000 | -10,849,000 | -1,445,000 | -40,367,000 | 0 | -12,428,000 | -4,943,000 | -50,990,000 | -11,376,000 | -9,865,000 | -5,497,000 | -8,498,000 | |||||||||||
proceeds from sales and maturities of marketable securities | 7,467,000 | 1,978,000 | 2,941,000 | 3,744,000 | 987,000 | 4,853,000 | 10,337,000 | 36,890,000 | 1,422,000 | 30,011,000 | 18,876,000 | 37,295,000 | 43,938,000 | 75,579,000 | -1,000 | |||||||||||||||||||
proceeds from sale of business | 0 | 155,000 | 103,000 | 103,000 | 155,000 | 155,000 | 261,000 | 208,000 | 183,000 | 235,000 | 417,000 | 418,000 | ||||||||||||||||||||||
net cash from investing activities | -3,862,000 | -9,004,000 | -7,986,000 | -8,228,000 | -13,839,000 | -3,134,000 | 6,995,000 | 21,703,000 | -27,006,000 | 3,966,000 | -5,700,000 | 3,622,000 | 28,961,000 | 46,937,000 | -17,789,000 | -156,672,000 | -5,925,000 | -8,848,000 | -2,657,000 | -7,778,000 | 22,116,000 | -212,923,000 | -2,334,000 | -235,400,000 | -4,428,000 | -9,923,000 | 49,722,000 | -3,628,000 | -43,824,000 | -8,394,000 | -7,637,000 | -5,752,000 | -9,900,000 | -3,054,000 |
cash flows from financing activities | ||||||||||||||||||||||||||||||||||
borrowings on line of credit | 84,000,000 | 0 | 0 | 13,500,000 | 15,000,000 | 41,000,000 | 100,500,000 | 0 | ||||||||||||||||||||||||||
repayments on line of credit | -33,500,000 | 0 | 0 | -13,500,000 | -15,000,000 | -66,000,000 | -115,500,000 | 0 | ||||||||||||||||||||||||||
net cash paid for debt extinguishment | -99,621,000 | 0 | 0 | -24,000 | -26,120,000 | 0 | -83,000 | 0 | 0 | -113,000 | -51,146,000 | |||||||||||||||||||||||
repurchase of class a common stock | -5,009,000 | |||||||||||||||||||||||||||||||||
value of equity awards withheld for tax liabilities and other | -5,627,000 | |||||||||||||||||||||||||||||||||
net cash from financing activities | -59,757,000 | 8,000 | -9,000 | -34,000 | -29,033,000 | -25,129,000 | -15,124,000 | -89,213,000 | -1,807,000 | -53,000 | -786,000 | 126,000 | -52,062,000 | -117,405,000 | -212,000 | -764,000 | -1,624,000 | -6,934,000 | -236,000 | -1,097,000 | 215,294,000 | -211,000 | 45,000 | 2,141,000 | 344,916,000 | -111,000 | 582,000 | 1,494,000 | 150,453,000 | 456,000 | 3,556,000 | 6,909,000 | -240,000 | |
effect of exchange rate changes on cash, cash equivalents and restricted cash | -840,000 | -156,000 | -941,000 | 781,000 | -124,000 | -1,282,000 | 649,000 | -214,000 | -394,000 | 1,497,000 | -914,000 | -281,000 | 308,000 | 7,222,000 | -4,907,000 | -378,000 | -1,056,000 | -102,000 | 87,000 | -198,000 | 402,000 | 61,000 | 56,000 | 17,000 | -25,000 | 10,000 | -18,000 | |||||||
net decrease in cash, cash equivalents, and restricted cash | -55,691,000 | 13,303,000 | 24,240,000 | -46,079,000 | 12,984,000 | -43,288,000 | -26,742,000 | 15,601,000 | 6,553,000 | -29,147,000 | ||||||||||||||||||||||||
cash, cash equivalents, and restricted cash, beginning of period | 103,160,000 | 0 | 0 | 0 | 82,234,000 | 0 | 0 | 0 | 132,307,000 | 0 | 0 | 0 | 114,622,000 | 0 | 0 | 0 | 332,289,000 | 0 | 0 | 0 | 81,437,000 | 0 | 0 | 0 | 185,004,000 | 0 | 0 | 0 | 41,501,000 | 0 | 0 | 0 | 37,870,000 | |
cash, cash equivalents, and restricted cash, end of period | 47,469,000 | 29,462,000 | 13,303,000 | 24,240,000 | 36,155,000 | 6,973,000 | 12,984,000 | -43,288,000 | 105,565,000 | 24,678,000 | 15,601,000 | 6,553,000 | 85,475,000 | -52,680,000 | 1,108,000 | -150,795,000 | 316,989,000 | 1,231,000 | 12,037,000 | -10,237,000 | 329,258,000 | -219,886,000 | 9,414,000 | -225,951,000 | 517,860,000 | -7,797,000 | 52,218,000 | 1,488,000 | 139,095,000 | -7,306,000 | 2,803,000 | 7,031,000 | 38,973,000 | |
reconciliation of cash, cash equivalents, and restricted cash, end of period | ||||||||||||||||||||||||||||||||||
cash and cash equivalents | 47,283,000 | 29,415,000 | 13,237,000 | 24,203,000 | 35,933,000 | 6,872,000 | 12,896,000 | -43,346,000 | 105,390,000 | 24,614,000 | 15,549,000 | 6,526,000 | 85,298,000 | |||||||||||||||||||||
restricted cash included in prepaid expenses and other current assets | 186,000 | 47,000 | 66,000 | 37,000 | 222,000 | 101,000 | 88,000 | 58,000 | 175,000 | 64,000 | 52,000 | 27,000 | 177,000 | |||||||||||||||||||||
total cash, cash equivalents, and restricted cash, end of period | 47,469,000 | 29,462,000 | 13,303,000 | 24,240,000 | 36,155,000 | 6,973,000 | 12,984,000 | -43,288,000 | 105,565,000 | 24,678,000 | 15,601,000 | 6,553,000 | 85,475,000 | |||||||||||||||||||||
net loss | -3,000,000 | -1,241,000 | -4,931,000 | -3,740,000 | 413,000 | -5,130,000 | -802,000 | -6,248,000 | -6,814,000 | -6,944,000 | -6,928,000 | -5,316,000 | ||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities | ||||||||||||||||||||||||||||||||||
gain on sale of intangible asset | 0 | |||||||||||||||||||||||||||||||||
accounts receivable | -6,899,000 | -874,000 | -2,621,000 | 1,206,000 | -3,889,000 | -229,000 | -779,000 | 1,403,000 | -3,179,000 | -2,523,000 | ||||||||||||||||||||||||
refund of deposits for construction in progress | 0 | |||||||||||||||||||||||||||||||||
proceeds from sale of intangible assets | 0 | |||||||||||||||||||||||||||||||||
payments on finance leases | -20,000 | -16,000 | -15,000 | -15,000 | -19,000 | -24,000 | -27,000 | -17,000 | -33,000 | -34,000 | -35,000 | -55,000 | -28,000 | -36,000 | -78,000 | -48,000 | -51,000 | -56,000 | -61,000 | -44,000 | ||||||||||||||
payment of debt issuance costs | 0 | -145,000 | -25,000 | -14,000 | 0 | -66,000 | 0 | 0 | -544,000 | -7,000,000 | -25,000 | 0 | -917,000 | -11,048,000 | -25,000 | -17,000 | 0 | -125,000 | ||||||||||||||||
proceeds from exercises of stock options | 29,000 | 34,000 | 37,000 | 9,000 | 39,000 | 9,000 | 16,000 | 103,000 | 0 | 0 | 258,000 | 155,000 | 1,000 | 0 | 37,000 | 125,000 | 40,000 | 84,000 | 64,000 | 738,000 | 214,000 | 319,000 | 3,296,000 | 244,000 | 108,000 | 868,000 | 2,446,000 | 3,935,000 | ||||||
value of equity awards withheld for tax liabilities | -1,000 | -2,000 | -32,000 | -2,907,000 | -4,000 | -1,000 | -397,000 | -1,893,000 | -6,000 | -56,000 | 16,000 | -1,016,000 | -92,000 | -110,000 | -236,000 | -1,701,000 | -234,000 | -264,000 | -556,000 | -2,900,000 | -372,000 | -274,000 | -238,000 | -960,000 | -194,000 | |||||||||
net increase in cash, cash equivalents, and restricted cash | -52,680,000 | 1,108,000 | -150,795,000 | -15,300,000 | 1,231,000 | 12,037,000 | -10,237,000 | 247,821,000 | -219,886,000 | 9,414,000 | -225,951,000 | 332,856,000 | -7,797,000 | 52,218,000 | 1,488,000 | 97,594,000 | -7,306,000 | 2,803,000 | 7,031,000 | 1,103,000 | ||||||||||||||
accounts receivable, net of allowances | -4,167,000 | -1,510,000 | -253,000 | -13,676,000 | 3,822,000 | -11,464,000 | -4,366,000 | -7,623,000 | 11,335,000 | -1,639,000 | -9,256,000 | -7,416,000 | -12,451,000 | -11,689,000 | 3,530,000 | -2,614,000 | -4,609,000 | |||||||||||||||||
deposits for construction in progress | -4,129,000 | 0 | ||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | ||||||||||||||||||||||||||||||||||
cash paid for (received from) interest | ||||||||||||||||||||||||||||||||||
cash paid for taxes | 192,000 | 3,095,000 | 371,000 | 43,000 | 114,000 | 0 | 0 | 164,000 | ||||||||||||||||||||||||||
right-of-use assets obtained in exchange for new operating lease liabilities | 155,291,000 | -82,000 | -49,000 | 3,453,000 | ||||||||||||||||||||||||||||||
supplemental disclosure of noncash investing and financing activities | ||||||||||||||||||||||||||||||||||
purchase of property, plant and equipment, accrued but not paid | -1,575,000 | 3,390,000 | 1,069,000 | 901,000 | 1,576,000 | 1,348,000 | ||||||||||||||||||||||||||||
gain on business interruption insurance recoveries | ||||||||||||||||||||||||||||||||||
cash received from interest | 351,000 | -1,113,000 | ||||||||||||||||||||||||||||||||
purchase of property and equipment through lease incentive | ||||||||||||||||||||||||||||||||||
purchase of property and equipment through use of escrow deposits | ||||||||||||||||||||||||||||||||||
cash paid (refunded) for taxes | 440,000 | 36,000 | 75,000 | -229,000 | ||||||||||||||||||||||||||||||
purchase of land | 0 | 0 | ||||||||||||||||||||||||||||||||
proceeds from sale of land | 0 | 0 | ||||||||||||||||||||||||||||||||
proceeds from sales and maturities of other investments | 0 | 0 | 10,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes | 0 | 0 | 0 | 250,000,000 | 0 | 0 | 0 | 400,000,000 | ||||||||||||||||||||||||||
purchase of capped call | 0 | 0 | 0 | -25,500,000 | 0 | 0 | 0 | -43,320,000 | ||||||||||||||||||||||||||
payment of acquisition holdback | ||||||||||||||||||||||||||||||||||
cash (received from) paid for interest | -397,000 | -83,000 | -334,000 | |||||||||||||||||||||||||||||||
cash (refunded) paid for taxes | -553,000 | 661,000 | 90,000 | |||||||||||||||||||||||||||||||
lease incentive | 2,155,000 | 1,152,000 | ||||||||||||||||||||||||||||||||
purchase of other investments | 0 | 0 | ||||||||||||||||||||||||||||||||
acquisition, net of cash acquired | ||||||||||||||||||||||||||||||||||
purchase of property and equipment | -9,634,000 | -3,763,000 | -5,272,000 | -8,134,000 | -1,849,000 | -3,922,000 | -6,781,000 | -2,737,000 | -1,986,000 | -3,912,000 | -3,638,000 | -9,127,000 | -5,244,000 | -6,605,000 | -1,239,000 | -7,498,000 | -1,808,000 | -2,152,000 | -961,000 | -2,698,000 | ||||||||||||||
cash paid for interest | 48,000 | 808,000 | 472,000 | 133,000 | 16,000 | 525,000 | 23,000 | 524,000 | ||||||||||||||||||||||||||
purchase of property and equipment, accrued but not paid | 1,355,000 | 345,000 | 433,000 | 3,562,000 | 2,269,000 | 1,780,000 | 3,970,000 | 991,000 | -1,513,000 | 2,595,000 | -19,000 | 1,341,000 | 785,000 | |||||||||||||||||||||
obligation included in basis of acquired land | ||||||||||||||||||||||||||||||||||
right-of-use asset amortization | 1,910,000 | 1,471,000 | 1,466,000 | 1,438,000 | 1,347,000 | 1,290,000 | 1,190,000 | 1,174,000 | 1,158,000 | |||||||||||||||||||||||||
equity awards withheld for tax liabilities, accrued but not paid | 177,000 | 531,000 | -101,000 | 76,000 | 34,000 | 238,000 | ||||||||||||||||||||||||||||
payment of debt issuance costs, accrued but unpaid | 659,000 | 875,000 | ||||||||||||||||||||||||||||||||
accretion of bond discount | 0 | -222,000 | -359,000 | -119,000 | -84,000 | -54,000 | -20,000 | -6,000 | ||||||||||||||||||||||||||
gain on sale of marketable securities | 0 | |||||||||||||||||||||||||||||||||
deferred taxes | -8,647,000 | 116,000 | 1,308,000 | -1,095,000 | 12,000 | 0 | 16,591,000 | -2,337,000 | -411,000 | -2,828,000 | -6,599,000 | -7,664,000 | -1,792,000 | -2,364,000 | -9,288,000 | 2,611,000 | 2,718,000 | |||||||||||||||||
loss on disposal of property and equipment | 475,000 | 21,000 | 135,000 | 201,000 | 71,000 | 3,000 | 27,000 | 233,000 | 102,000 | 3,000 | 55,000 | 296,000 | 164,000 | 17,000 | 1,000 | 9,000 | 36,000 | |||||||||||||||||
proceeds from the follow-on public offering, net of underwriting discounts | 0 | 0 | 0 | 147,391,000 | ||||||||||||||||||||||||||||||
payment of costs related to the follow-on public offering | 0 | -2,000 | -596,000 | -159,000 | ||||||||||||||||||||||||||||||
deferred costs | -405,000 | -352,000 | -365,000 | -616,000 | -188,000 | -396,000 | -27,000 | -1,332,000 | 686,000 | 604,000 | -102,000 | 120,000 | 79,000 | 146,000 | 2,650,000 | |||||||||||||||||||
deferred revenue and advanced billings | 1,113,000 | -953,000 | 1,035,000 | 763,000 | -58,000 | 1,105,000 | -431,000 | 2,032,000 | -520,000 | -527,000 | 672,000 | 1,206,000 | -1,735,000 | 5,876,000 | ||||||||||||||||||||
cash refunded for taxes | -394,000 | |||||||||||||||||||||||||||||||||
deferred rent | 359,000 | 304,000 | -19,000 | |||||||||||||||||||||||||||||||
payment of costs related to the initial public offering | 0 | 0 | 0 | -285,000 | ||||||||||||||||||||||||||||||
proceeds from exercises of warrants | ||||||||||||||||||||||||||||||||||
property and equipment obtained in exchange for new finance lease liabilities | ||||||||||||||||||||||||||||||||||
value of common stock issued in acquisition | ||||||||||||||||||||||||||||||||||
acquisition holdback | ||||||||||||||||||||||||||||||||||
acquisition of equipment through finance leases | ||||||||||||||||||||||||||||||||||
cash paid during the year for interest | 33,000 | 29,000 | 26,000 | 19,000 | 189,000 | |||||||||||||||||||||||||||||
costs related to the follow-on public offering, accrued but not paid | ||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 18,000 | 20,000 | 17,000 | 122,000 | 16,000 | 16,000 | 16,000 | 16,000 | 280,000 | |||||||||||||||||||||||||
payments on capital leases | -18,000 | -24,000 | -25,000 | -25,000 | -24,000 | |||||||||||||||||||||||||||||
repayments on term loan | -38,500,000 | |||||||||||||||||||||||||||||||||
proceeds from the initial public offering, net of underwriting discounts | ||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 0 | |||||||||||||||||||||||||||||||||
operating activities | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
investing activities | ||||||||||||||||||||||||||||||||||
maturities of marketable securities | 9,000,000 | 9,000,000 | 9,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||
equity awards withheld and paid for tax liabilities | -356,000 | -589,000 | ||||||||||||||||||||||||||||||||
cash paid during the period for interest | 63,000 | 33,000 | ||||||||||||||||||||||||||||||||
loss from discontinued operations, net of income taxes | ||||||||||||||||||||||||||||||||||
impairment of intangible asset | ||||||||||||||||||||||||||||||||||
net cash from operating activities from continuing operations | 4,777,000 | |||||||||||||||||||||||||||||||||
net cash from operating activities from discontinued operations | ||||||||||||||||||||||||||||||||||
net cash from investing activities from continuing operations | -3,054,000 | |||||||||||||||||||||||||||||||||
net cash from investing activities from discontinued operations | ||||||||||||||||||||||||||||||||||
borrowings on term loan | ||||||||||||||||||||||||||||||||||
proceeds from issuances of common stock | 462,000 | 3,580,000 | 6,934,000 | 70,000 | 0 | |||||||||||||||||||||||||||||
cash distribution to republic | ||||||||||||||||||||||||||||||||||
non-cash distribution of net liabilities to spin-off | ||||||||||||||||||||||||||||||||||
acquisition of equipment through capital leases | ||||||||||||||||||||||||||||||||||
change in fair value of shareholders’ anti-dilutive arrangement | ||||||||||||||||||||||||||||||||||
proceeds from sale of fixed assets | ||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash financing activities | ||||||||||||||||||||||||||||||||||
unrealized loss on marketable securities, accrued but not realized | 6,000 | |||||||||||||||||||||||||||||||||
decrease in restricted cash | -19,000 | |||||||||||||||||||||||||||||||||
net cash from financing activities from continuing operations | 30,538,000 | |||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | ||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | |||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 32,261,000 | |||||||||||||||||||||||||||||||||
deferred revenue and advance billings | ||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents |