CarGurus, Inc(NASDAQ:CARG) 
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell ...
Website: http://www.cargurus.com
Founded: 2006
Full Time Employees: 921
CEO: Langley Steinert
Sector: Communication Services
Industry: Internet Content & Information
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
total revenue | 238,696,000 | 234,033,000 | 225,158,000 | 231,358,000 | 218,692,000 | 215,796,000 | 223,123,000 | 219,419,000 | 239,737,000 | 231,963,000 | 286,744,000 | 426,454,000 | 511,229,000 | 430,608,000 | 339,342,000 | 222,915,000 | 217,748,000 | 171,368,000 | 151,553,000 | 147,472,000 | 94,737,000 | 157,689,000 | 158,153,000 | 150,462,000 | 145,031,000 | 135,270,000 | 126,018,000 | 119,042,000 | 110,325,000 | 98,701,000 | 90,597,000 | 82,989,000 |
yoy | 9.15% | 8.45% | 0.91% | 5.44% | -8.78% | -6.97% | -22.19% | -48.55% | -53.11% | -46.13% | -15.50% | 91.31% | 134.78% | 151.28% | 123.91% | 51.16% | 129.84% | 8.67% | -4.17% | -1.99% | -34.68% | 16.57% | 25.50% | 26.39% | 31.46% | 37.05% | 39.10% | 43.44% | ||||
qoq | 1.99% | 3.94% | -2.68% | 5.79% | 1.34% | -3.28% | 1.69% | -8.48% | 3.35% | -19.10% | -32.76% | -16.58% | 18.72% | 26.89% | 52.23% | 2.37% | 27.06% | 13.07% | 2.77% | 55.66% | -39.92% | -0.29% | 5.11% | 3.74% | 7.22% | 7.34% | 5.86% | 7.90% | 11.78% | 8.95% | 9.17% | |
marketplace | 231,653,000 | 221,998,000 | 212,235,000 | 204,019,000 | 195,167,000 | 187,219,000 | 182,250,000 | 177,909,000 | 170,950,000 | 167,127,000 | 166,247,000 | 165,309,000 | 163,926,000 | 163,289,000 | ||||||||||||||||||
wholesale | 2,249,000 | 6,275,000 | 7,747,000 | 12,107,000 | 13,119,000 | 16,125,000 | 22,035,000 | 21,735,000 | 31,952,000 | 25,186,000 | 23,659,000 | 47,045,000 | 75,937,000 | 90,994,000 | ||||||||||||||||||
product | 4,794,000 | 5,760,000 | 5,176,000 | 15,232,000 | 10,406,000 | 12,452,000 | 18,838,000 | 19,775,000 | 36,835,000 | 39,650,000 | 96,838,000 | 214,100,000 | 271,366,000 | 176,325,000 | ||||||||||||||||||
total cost of revenue | 25,164,000 | 29,651,000 | 25,451,000 | 48,807,000 | 36,248,000 | 40,835,000 | 55,088,000 | 55,121,000 | 75,596,000 | 76,983,000 | 149,702,000 | 275,669,000 | 323,378,000 | 248,733,000 | 159,607,000 | 60,033,000 | 50,317,000 | 24,058,000 | 11,454,000 | 9,762,000 | 9,880,000 | 11,610,000 | 10,560,000 | 9,392,000 | 8,628,000 | 7,720,000 | 6,871,000 | 6,412,000 | 5,959,000 | 5,569,000 | 5,242,000 | 4,720,000 |
gross profit | 213,532,000 | 204,382,000 | 199,707,000 | 182,551,000 | 182,444,000 | 174,961,000 | 168,035,000 | 164,298,000 | 164,141,000 | 154,980,000 | 137,042,000 | 150,785,000 | 187,851,000 | 181,875,000 | 179,735,000 | 162,882,000 | 167,431,000 | 147,310,000 | 140,099,000 | 137,710,000 | 84,857,000 | 146,079,000 | 147,593,000 | 141,070,000 | 136,403,000 | 127,550,000 | 119,147,000 | 112,630,000 | 104,366,000 | 93,132,000 | 85,355,000 | 78,269,000 |
yoy | 17.04% | 16.82% | 18.85% | 11.11% | 11.15% | 12.89% | 22.62% | 8.96% | -12.62% | -14.79% | -23.75% | -7.43% | 12.20% | 23.46% | 28.29% | 18.28% | 97.31% | 0.84% | -5.08% | -2.38% | -37.79% | 14.53% | 23.87% | 25.25% | 30.70% | 36.96% | 39.59% | 43.90% | ||||
qoq | 4.48% | 2.34% | 9.40% | 0.06% | 4.28% | 4.12% | 2.27% | 0.10% | 5.91% | 13.09% | -9.11% | -19.73% | 3.29% | 1.19% | 10.35% | -2.72% | 13.66% | 5.15% | 1.73% | 62.28% | -41.91% | -1.03% | 4.62% | 3.42% | 6.94% | 7.05% | 5.79% | 7.92% | 12.06% | 9.11% | 9.05% | |
gross margin % | 89.46% | 87.33% | 88.70% | 78.90% | 83.43% | 81.08% | 75.31% | 74.88% | 68.47% | 66.81% | 47.79% | 35.36% | 36.74% | 42.24% | 52.97% | 73.07% | 76.89% | 85.96% | 92.44% | 93.38% | 89.57% | 92.64% | 93.32% | 93.76% | 94.05% | 94.29% | 94.55% | 94.61% | 94.60% | 94.36% | 94.21% | 94.31% |
operating expenses | ||||||||||||||||||||||||||||||||
sales and marketing | 89,368,000 | 84,337,000 | 86,716,000 | 81,216,000 | 82,311,000 | 82,274,000 | 73,827,000 | 76,828,000 | 77,838,000 | 75,577,000 | 70,203,000 | 83,319,000 | 95,605,000 | 87,581,000 | 89,639,000 | 66,626,000 | 66,135,000 | 68,174,000 | 67,183,000 | 57,618,000 | 38,583,000 | 93,595,000 | 100,606,000 | 100,133,000 | 101,789,000 | 91,316,000 | 78,631,000 | 84,867,000 | 80,933,000 | 71,508,000 | 67,670,000 | 63,891,000 |
product, technology, and development | 36,316,000 | 34,370,000 | 36,250,000 | 36,359,000 | 36,580,000 | 35,545,000 | 36,737,000 | 35,434,000 | 37,391,000 | 36,607,000 | 31,553,000 | 30,208,000 | 31,354,000 | 30,653,000 | 27,090,000 | 26,539,000 | 27,630,000 | 25,164,000 | 19,997,000 | 20,758,000 | 21,887,000 | 23,084,000 | 18,399,000 | 17,745,000 | 17,346,000 | 15,972,000 | 14,153,000 | 12,771,000 | 11,844,000 | 9,098,000 | 8,317,000 | 5,796,000 |
general and administrative | 28,463,000 | 27,062,000 | 26,780,000 | 28,187,000 | 27,429,000 | 28,066,000 | 75,667,000 | 24,904,000 | 27,267,000 | 24,919,000 | 1,722,000 | 4,760,000 | 33,514,000 | 33,121,000 | 30,583,000 | 20,414,000 | 26,167,000 | 20,514,000 | 17,869,000 | 14,279,000 | 14,158,000 | 15,860,000 | 13,812,000 | 12,322,000 | 12,540,000 | 11,760,000 | 11,433,000 | 10,630,000 | 9,541,000 | 7,871,000 | 8,590,000 | 5,006,000 |
impairments | 29,633,000 | |||||||||||||||||||||||||||||||
depreciation and amortization | 4,711,000 | 4,136,000 | 4,206,000 | 2,329,000 | 2,233,000 | 2,792,000 | 4,069,000 | 4,037,000 | 3,907,000 | 3,818,000 | 3,943,000 | 3,842,000 | 3,836,000 | 3,861,000 | -11,501,000 | 9,227,000 | 9,022,000 | 7,667,000 | 1,589,000 | 1,488,000 | 1,520,000 | 1,521,000 | 1,141,000 | 1,166,000 | 1,180,000 | 1,067,000 | 740,000 | 727,000 | 604,000 | 733,000 | 746,000 | 713,000 |
total operating expenses | 158,858,000 | 179,538,000 | 153,952,000 | 155,117,000 | 276,028,000 | 148,677,000 | 190,300,000 | 141,203,000 | 146,403,000 | 140,921,000 | 107,421,000 | 122,129,000 | 164,309,000 | 155,216,000 | 135,811,000 | 122,806,000 | 128,954,000 | 121,519,000 | 106,638,000 | 94,143,000 | 76,148,000 | 134,060,000 | 133,958,000 | 131,366,000 | 132,855,000 | 120,115,000 | 104,957,000 | 108,995,000 | 102,922,000 | 89,210,000 | 85,323,000 | 75,406,000 |
income from operations | 54,674,000 | 24,844,000 | 45,755,000 | 27,434,000 | -93,584,000 | 26,284,000 | -22,265,000 | 23,095,000 | 17,738,000 | 14,059,000 | 29,621,000 | 28,656,000 | 23,542,000 | 26,659,000 | 43,924,000 | 40,076,000 | 38,477,000 | 25,791,000 | 33,461,000 | 43,567,000 | 8,709,000 | 12,019,000 | 13,635,000 | 9,704,000 | 3,548,000 | 7,435,000 | 14,190,000 | 3,635,000 | 1,444,000 | 3,922,000 | 32,000 | 2,863,000 |
yoy | -158.42% | -5.48% | -305.50% | 18.79% | -627.59% | 86.95% | -175.17% | -19.41% | -24.65% | -47.26% | -32.56% | -28.50% | -38.82% | 3.37% | 31.27% | -8.01% | 341.81% | 114.59% | 145.41% | 348.96% | 145.46% | 61.65% | -3.91% | 166.96% | 145.71% | 89.57% | 44243.75% | 26.96% | ||||
qoq | 120.07% | -45.70% | 66.78% | -129.31% | -456.05% | -218.05% | -196.41% | 30.20% | 26.17% | -52.54% | 3.37% | 21.72% | -11.69% | -39.31% | 9.60% | 4.16% | 49.19% | -22.92% | -23.20% | 400.25% | -27.54% | -11.85% | 40.51% | 173.51% | -52.28% | -47.60% | 290.37% | 151.73% | -63.18% | 12156.25% | -98.88% | |
operating margin % | 22.91% | 10.62% | 20.32% | 11.86% | -42.79% | 12.18% | -9.98% | 10.53% | 7.40% | 6.06% | 10.33% | 6.72% | 4.60% | 6.19% | 12.94% | 17.98% | 17.67% | 15.05% | 22.08% | 29.54% | 9.19% | 7.62% | 8.62% | 6.45% | 2.45% | 5.50% | 11.26% | 3.05% | 1.31% | 3.97% | 0.04% | 3.45% |
other income | -399,000 | 430,000 | -94,000 | 721,000 | -505,000 | 347,000 | 595,000 | -886,000 | 200,000 | -156,000 | -119,000 | 546,000 | 143,000 | 61,000 | 222,000 | -75,000 | 31,000 | 157,000 | 166,000 | 141,000 | 251,000 | 105,000 | 902,000 | -5,000 | -38,000 | 703,000 | 282,000 | 240,000 | 106,000 | |||
interest income | 2,292,000 | 2,134,000 | 3,098,000 | 2,717,000 | 2,440,000 | 3,906,000 | 5,093,000 | 5,261,000 | 4,333,000 | 3,743,000 | 22,000 | 174,000 | 317,000 | 562,000 | 737,000 | 759,000 | 744,000 | 744,000 | 712,000 | 639,000 | ||||||||||||
total other income | 1,893,000 | 2,564,000 | 2,796,000 | 2,623,000 | 3,161,000 | 3,401,000 | 5,875,000 | 4,167,000 | 4,680,000 | 4,338,000 | -53,000 | 205,000 | 474,000 | 728,000 | 878,000 | 1,010,000 | 849,000 | 1,646,000 | 707,000 | 601,000 | ||||||||||||
income before income taxes | 56,567,000 | 27,408,000 | 48,551,000 | 30,057,000 | -90,423,000 | 29,685,000 | -16,390,000 | 27,262,000 | 22,418,000 | 18,397,000 | 32,580,000 | 28,856,000 | 23,386,000 | 26,540,000 | 44,590,000 | 40,219,000 | 38,538,000 | 26,013,000 | 33,408,000 | 43,772,000 | 9,183,000 | 12,747,000 | 14,513,000 | 10,714,000 | 4,397,000 | 9,081,000 | 14,897,000 | 4,236,000 | 2,147,000 | 4,204,000 | 272,000 | 2,969,000 |
provision for income taxes | 11,850,000 | 5,065,000 | 9,506,000 | 7,546,000 | -21,702,000 | 8,384,000 | 6,213,000 | 8,289,000 | 8,601,000 | 6,531,000 | 9,349,000 | 10,032,000 | 5,325,000 | 7,702,000 | 10,431,000 | 10,952,000 | 11,142,000 | 6,462,000 | 8,245,000 | 11,209,000 | 2,052,000 | 51,000 | 1,342,000 | 330,000 | -3,503,000 | -29,118,000 | -1,995,000 | 590,000 | ||||
net income | 44,717,000 | 22,343,000 | 39,045,000 | 25,163,000 | 32,563,000 | 7,131,000 | 12,696,000 | 13,171,000 | 10,384,000 | 6,007,000 | 12,584,000 | 18,119,000 | 12,135,000 | 31,265,000 | 3,651,000 | 2,267,000 | 2,379,000 | |||||||||||||||
yoy | 91.05% | 213.59% | 18.71% | 0.89% | -27.31% | -14.43% | -80.79% | 244.67% | 699.25% | 410.09% | ||||||||||||||||||||||
qoq | 100.14% | -42.78% | -22.73% | 356.64% | -43.83% | -3.61% | 26.84% | 72.86% | -52.26% | -30.55% | 49.31% | -61.19% | 756.34% | 61.05% | -4.71% | |||||||||||||||||
net income margin % | 18.73% | 9.55% | 17.34% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 16.60% | 22.08% | 7.53% | 8.05% | 8.33% | 6.90% | 4.14% | 9.30% | 14.38% | 10.19% | 28.34% | 3.70% | 2.50% | 2.87% |
net income per share | ||||||||||||||||||||||||||||||||
basic | 0.46 | 0.23 | 0.38 | 0.22 | -0.66 | 0.2 | -0.21 | 0.2 | 0.14 | 0.14 | 1.35 | 0.9 | -0.09 | -0.53 | 0.17 | 0.25 | 0.24 | 0.19 | 0.23 | 0.29 | 0.06 | 0.11 | 0.12 | 0.09 | 0.05 | 0.11 | 0.17 | 0.11 | 0.29 | 0.03 | 0.02 | 0.02 |
diluted | 0.45 | 0.22 | 0.37 | 0.21 | -0.66 | 0.2 | -0.2 | 0.17 | 0.12 | 0.1 | 0.34 | 0.14 | -0.09 | -0.53 | 0.165 | 0.24 | 0.23 | 0.19 | 0.22 | 0.29 | 0.06 | 0.11 | 0.11 | 0.09 | 0.05 | 0.11 | 0.15 | 0.11 | 0.28 | 0.03 | 0.02 | 0.02 |
weighted-average number of shares of common stock used in computing net income per share attributable to common stockholders | ||||||||||||||||||||||||||||||||
basic | 98,170,081 | 98,889,893 | 103,094,690 | 103,321,988 | 103,827,661 | 107,174,812 | 113,223,711 | 113,438,057 | 115,358,475 | 118,683,642 | 118,390,641 | 118,031,325 | 117,412,164 | 117,124,895 | 116,316,464 | 113,027,995 | 112,734,393 | 112,355,093 | 111,662,949 | 111,299,345 | 110,800,037 | 109,628,692 | 108,500,802 | 106,942,799 | 42,262,035 | |||||||
diluted | 99,722,575 | 100,184,067 | 105,068,046 | 105,059,283 | 103,827,661 | 108,632,159 | 114,322,279 | 114,490,651 | 115,915,737 | 132,243,636 | 118,390,641 | 118,031,325 | 120,438,373 | 119,454,104 | 117,249,365 | 113,966,863 | 113,737,465 | 113,489,992 | 113,364,775 | 113,388,509 | 113,406,320 | 113,601,415 | 113,081,209 | 113,341,308 | 46,567,173 | |||||||
weighted-average number of shares of common stock used in computing net income per share attributable to common stockholders: | ||||||||||||||||||||||||||||||||
basic | 98,170,081 | 98,889,893 | 103,094,690 | 103,321,988 | 103,827,661 | 107,174,812 | 113,223,711 | 113,438,057 | 115,358,475 | 118,683,642 | 118,390,641 | 118,031,325 | 117,412,164 | 117,124,895 | 116,316,464 | 113,027,995 | 112,734,393 | 112,355,093 | 111,662,949 | 111,299,345 | 110,800,037 | 109,628,692 | 108,500,802 | 106,942,799 | 42,262,035 | |||||||
diluted | 99,722,575 | 100,184,067 | 105,068,046 | 105,059,283 | 103,827,661 | 108,632,159 | 114,322,279 | 114,490,651 | 115,915,737 | 132,243,636 | 118,390,641 | 118,031,325 | 120,438,373 | 119,454,104 | 117,249,365 | 113,966,863 | 113,737,465 | 113,489,992 | 113,364,775 | 113,388,509 | 113,406,320 | 113,601,415 | 113,081,209 | 113,341,308 | 46,567,173 | |||||||
other expense | -302,000 | -38,000 | -1,094,000 | |||||||||||||||||||||||||||||
goodwill and other asset impairment | 7,026,000 | |||||||||||||||||||||||||||||||
consolidated net income | 22,511,000 | -68,721,000 | 21,301,000 | -22,603,000 | 18,973,000 | 13,817,000 | 11,866,000 | 23,231,000 | 18,824,000 | 18,061,000 | 18,838,000 | 34,159,000 | 29,267,000 | 27,396,000 | 19,551,000 | |||||||||||||||||
net loss attributable to redeemable noncontrolling interest | -2,547,750 | -3,329,000 | -2,596,000 | -4,266,000 | -1,223,000 | -1,072,000 | -656,000 | -2,810,000 | ||||||||||||||||||||||||
net income attributable to common stockholders | 22,511,000 | -68,721,000 | 21,301,000 | -23,743,000 | 22,302,000 | 16,413,000 | 16,132,000 | 159,247,000 | 106,964,000 | -10,336,000 | -62,090,000 | -79,766,000 | 29,199,000 | 28,052,000 | 22,361,000 | |||||||||||||||||
goodwill and other long-lived asset impairment | 127,475,000 | |||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||
other income, net: | ||||||||||||||||||||||||||||||||
net income attributable to cargurus, inc. | -17,905,000 | 22,302,000 | 16,413,000 | 16,132,000 | 24,793,000 | 20,400,000 | 19,284,000 | 19,910,000 | ||||||||||||||||||||||||
accretion of redeemable noncontrolling interest to redemption value | -134,454,000 | -86,564,000 | 29,620,000 | 82,000,000 | ||||||||||||||||||||||||||||
net income attributable to redeemable noncontrolling interest | -1,562,000 | -1,576,000 | 4,527,000 | 68,000 | ||||||||||||||||||||||||||||
benefit from income taxes | -1,610,000 | 553,000 | ||||||||||||||||||||||||||||||
(benefit from) benefit from income taxes | -9,116,000 | -7,899,000 | ||||||||||||||||||||||||||||||
reconciliation of net income to net income attributable to common stockholders: | ||||||||||||||||||||||||||||||||
net income attributable to participating securities | 348,000 | -1,401,000 | ||||||||||||||||||||||||||||||
net income attributable to common stockholders — basic | 18,119,000 | 12,135,000 | 31,265,000 | 3,651,000 | 2,615,000 | 978,000 | ||||||||||||||||||||||||||
net income attributable to common stockholders — diluted | 18,119,000 | 12,135,000 | 31,265,000 | 3,651,000 | 2,636,000 | 1,034,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||
cash and cash equivalents | 178,834,000 | 231,233,000 | 172,862,000 | 246,748,000 | 216,169,000 | 246,342,000 | 291,363,000 | 355,330,000 | 363,060,000 | 456,696,000 | 469,517,000 | 404,429,000 | 338,238,000 | 315,005,000 | 231,944,000 | 231,091,000 | 184,642,000 | 140,668,000 | 190,299,000 | 245,941,000 | 133,199,000 | 74,451,000 | 59,920,000 | 29,514,000 | 27,842,000 | 29,939,000 | 34,887,000 | 77,642,000 | 31,762,000 | 62,003,000 | 87,709,000 | 25,636,000 |
accounts receivable | 39,612,000 | 41,032,000 | 40,703,000 | 44,542,000 | 39,757,000 | 44,298,000 | 39,963,000 | 46,107,000 | 37,820,000 | 42,395,000 | 46,817,000 | 120,059,000 | 193,431,000 | 144,718,000 | 189,324,000 | 85,182,000 | 81,863,000 | 36,364,000 | 18,235,000 | 16,322,000 | 16,844,000 | 17,536,000 | 22,124,000 | 17,892,000 | 17,081,000 | 15,111,000 | 13,614,000 | 12,565,000 | 11,432,000 | 12,197,000 | 12,577,000 | 10,123,000 |
inventory | 963,000 | 810,000 | 345,000 | 459,000 | 391,000 | 331,000 | 323,000 | 541,000 | 1,637,000 | 5,282,000 | 28,166,000 | 21,684,000 | 20,992,000 | 19,656,000 | 6,395,000 | |||||||||||||||||
prepaid expenses, prepaid income taxes, and other current assets | 36,078,000 | 19,081,000 | 21,107,000 | |||||||||||||||||||||||||||||
deferred contract costs | 14,843,000 | 14,547,000 | 13,640,000 | 11,924,000 | 11,614,000 | 11,106,000 | 11,095,000 | 10,465,000 | 10,078,000 | 9,387,000 | 8,541,000 | 8,039,000 | 8,271,000 | 8,731,000 | 9,045,000 | 9,905,000 | 10,554,000 | 11,085,000 | 10,807,000 | 9,950,000 | 9,652,000 | 10,078,000 | 9,544,000 | 8,170,000 | 7,382,000 | 6,591,000 | 5,253,000 | |||||
restricted cash | 21,000 | 2,116,000 | 2,848,000 | 3,993,000 | 2,196,000 | 2,786,000 | 2,563,000 | 11,624,000 | 11,561,000 | 14,985,000 | 5,237,000 | 13,506,000 | 13,291,000 | 5,866,000 | 6,709,000 | 5,753,000 | 8,980,000 | 6,489,000 | 250,000 | 250,000 | 396,000 | 250,000 | 250,000 | 250,000 | 250,000 | 750,000 | 750,000 | 3,656,000 | 3,604,000 | 1,870,000 | 1,843,000 | 1,783,000 |
total current assets | 269,388,000 | 308,972,000 | 251,970,000 | 326,637,000 | 288,326,000 | 323,816,000 | 391,191,000 | 535,369,000 | 535,292,000 | 543,214,000 | 557,366,000 | 603,846,000 | 629,514,000 | 572,719,000 | 563,108,000 | 441,509,000 | 388,776,000 | 311,776,000 | 331,976,000 | 281,422,000 | 216,081,000 | 210,239,000 | 218,954,000 | 206,182,000 | 188,841,000 | 179,406,000 | 194,858,000 | 175,635,000 | 164,284,000 | 161,503,000 | 157,204,000 | 99,244,000 |
property and equipment | 132,934,000 | 130,299,000 | 132,383,000 | 126,612,000 | 130,023,000 | 108,143,000 | 83,370,000 | 54,700,000 | 48,243,000 | 42,748,000 | 40,128,000 | 36,833,000 | 35,343,000 | 33,101,000 | 32,210,000 | 29,569,000 | 31,641,000 | 29,816,000 | 27,483,000 | 27,276,000 | 26,881,000 | 27,904,000 | 27,950,000 | 27,568,000 | 28,638,000 | 26,550,000 | 24,269,000 | 17,632,000 | 16,221,000 | 16,175,000 | 16,563,000 | 16,100,000 |
intangible assets | 3,493,000 | 4,303,000 | 11,318,000 | 12,389,000 | 12,824,000 | 21,131,000 | 23,056,000 | 30,481,000 | 38,037,000 | 45,552,000 | 53,054,000 | 60,535,000 | 68,338,000 | 76,161,000 | 83,915,000 | 92,421,000 | 100,348,000 | 108,165,000 | 10,862,000 | 10,262,000 | 10,599,000 | 11,006,000 | 3,920,000 | 3,982,000 | 4,320,000 | 4,407,000 | ||||||
goodwill | 28,409,000 | 28,370,000 | 46,714,000 | 47,220,000 | 46,576,000 | 157,566,000 | 157,898,000 | 157,267,000 | 157,638,000 | 157,689,000 | 157,467,000 | 156,216,000 | 157,073,000 | 157,998,000 | 158,287,000 | 155,707,000 | 156,098,000 | 157,152,000 | 29,129,000 | 28,357,000 | 27,623,000 | 27,298,000 | 15,207,000 | 14,828,000 | 15,446,000 | 15,852,000 | ||||||
operating lease right-of-use assets | 116,665,000 | 117,454,000 | 119,589,000 | 127,125,000 | 137,133,000 | 153,711,000 | 169,682,000 | 183,774,000 | 189,905,000 | 196,413,000 | 56,869,000 | 55,793,000 | 59,226,000 | 57,359,000 | 60,609,000 | 63,841,000 | 67,024,000 | 70,087,000 | 60,835,000 | 63,525,000 | 66,086,000 | 68,662,000 | 59,986,000 | 56,439,000 | 50,025,000 | 50,742,000 | ||||||
deferred tax assets | 92,706,000 | 120,002,000 | 110,050,000 | 120,642,000 | 117,503,000 | 82,392,000 | 73,356,000 | 67,623,000 | 51,888,000 | 47,385,000 | 35,488,000 | 44,008,000 | 36,816,000 | 26,439,000 | 13,378,000 | 13,741,000 | 17,446,000 | 19,728,000 | 19,774,000 | 27,267,000 | 37,206,000 | 36,459,000 | 42,713,000 | 44,200,000 | 44,483,000 | 42,714,000 | 38,886,000 | 36,985,000 | 29,049,000 | 2,835,000 | 825,000 | 371,000 |
deferred contract costs, net of current portion | 12,842,000 | 13,032,000 | 13,088,000 | 13,274,000 | 13,242,000 | 13,015,000 | 12,998,000 | 11,965,000 | 11,490,000 | 10,446,000 | 8,853,000 | 7,298,000 | 6,631,000 | 6,327,000 | 5,867,000 | 6,866,000 | 8,034,000 | 9,134,000 | 9,189,000 | 8,501,000 | 8,825,000 | 10,384,000 | 10,514,000 | 9,944,000 | 9,257,000 | 8,446,000 | 7,252,000 | |||||
other non-current assets | 4,035,000 | 3,689,000 | 4,003,000 | 4,262,000 | 7,704,000 | 11,029,000 | 7,376,000 | 7,546,000 | 7,828,000 | 8,132,000 | 8,499,000 | 8,950,000 | 7,138,000 | 6,074,000 | 4,573,000 | 5,886,000 | 4,461,000 | 3,158,000 | 2,673,000 | 3,314,000 | 3,508,000 | 3,716,000 | 3,826,000 | |||||||||
total assets | 660,472,000 | 726,121,000 | 689,115,000 | 778,161,000 | 753,331,000 | 870,803,000 | 918,927,000 | 1,048,725,000 | 1,040,321,000 | 1,051,579,000 | 927,102,000 | 982,855,000 | 1,009,706,000 | 945,805,000 | 931,574,000 | 819,917,000 | 784,205,000 | 719,393,000 | 502,298,000 | 460,551,000 | 407,436,000 | 406,438,000 | 393,623,000 | 369,383,000 | 346,161,000 | 331,927,000 | 268,290,000 | 234,044,000 | 213,301,000 | 182,538,000 | 176,594,000 | 121,656,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||
accounts payable | 30,350,000 | 32,738,000 | 29,891,000 | 47,238,000 | 46,107,000 | 46,471,000 | 47,854,000 | 37,481,000 | 39,260,000 | 42,701,000 | 32,529,000 | 67,149,000 | 74,171,000 | 61,873,000 | 66,153,000 | 55,340,000 | 45,877,000 | 36,293,000 | 21,563,000 | 16,839,000 | 10,438,000 | 29,839,000 | 36,731,000 | 42,752,000 | 39,370,000 | 35,253,000 | 34,345,000 | 34,046,000 | 30,476,000 | 23,266,000 | 23,908,000 | 22,737,000 |
accrued expenses, accrued income taxes, and other current liabilities | 30,546,000 | 31,893,000 | 32,240,000 | |||||||||||||||||||||||||||||
deferred revenue | 23,643,000 | 23,395,000 | 22,407,000 | 21,882,000 | 21,785,000 | 21,432,000 | 21,322,000 | 21,043,000 | 21,267,000 | 20,808,000 | 12,249,000 | 12,737,000 | 15,071,000 | 12,776,000 | 12,784,000 | 12,517,000 | 13,120,000 | 11,986,000 | 9,137,000 | 9,678,000 | 8,195,000 | 5,042,000 | 9,984,000 | 7,781,000 | 8,479,000 | 8,942,000 | 8,811,000 | 7,685,000 | 7,577,000 | 7,096,000 | 4,305,000 | 4,598,000 |
operating lease liabilities | 9,317,000 | 9,173,000 | 9,969,000 | 9,886,000 | 10,225,000 | 10,063,000 | 12,284,000 | 13,206,000 | 13,870,000 | 15,480,000 | 14,762,000 | 12,025,000 | 12,340,000 | 12,503,000 | 13,186,000 | 12,671,000 | 11,156,000 | 10,599,000 | 11,085,000 | 11,472,000 | 11,523,000 | 9,477,000 | 8,781,000 | 7,823,000 | 7,738,000 | 7,486,000 | ||||||
total current liabilities | 93,856,000 | 97,199,000 | 94,507,000 | 110,588,000 | 112,041,000 | 116,319,000 | 115,178,000 | 108,638,000 | 110,764,000 | 123,999,000 | 98,733,000 | 148,881,000 | 175,973,000 | 148,907,000 | 170,709,000 | 102,450,000 | 103,547,000 | 81,725,000 | 66,536,000 | 55,867,000 | 43,147,000 | 58,331,000 | 73,758,000 | 72,378,000 | 70,392,000 | 65,474,000 | 63,503,000 | 55,429,000 | 50,549,000 | 41,219,000 | 42,966,000 | 38,588,000 |
deferred tax liabilities | 26,000 | 26,000 | 15,000 | 41,000 | 42,000 | 58,000 | 60,000 | 43,000 | 30,000 | 54,000 | 23,000 | 32,000 | 28,000 | 58,000 | 19,000 | 291,000 | 294,000 | 291,000 | 304,000 | 314,000 | 329,000 | 284,000 | 289,000 | 281,000 | 1,002,000 | |||||||
other non–current liabilities | 7,197,000 | 7,381,000 | 7,080,000 | 5,191,000 | 5,444,000 | 5,028,000 | 4,733,000 | 4,386,000 | 5,611,000 | 4,336,000 | 5,301,000 | 30,466,000 | 51,251,000 | 37,896,000 | 23,639,000 | 12,546,000 | 11,898,000 | 5,218,000 | 3,075,000 | 4,105,000 | 3,047,000 | 1,731,000 | 1,908,000 | 1,808,000 | 1,608,000 | 1,486,000 | 1,281,000 | 1,244,000 | 1,155,000 | 1,090,000 | 955,000 | |
total liabilities | 285,023,000 | 290,644,000 | 287,065,000 | 294,688,000 | 301,258,000 | 302,441,000 | 302,075,000 | 305,195,000 | 309,602,000 | 323,296,000 | 155,744,000 | 232,312,000 | 283,366,000 | 241,190,000 | 251,925,000 | 176,028,000 | 180,459,000 | 155,517,000 | 128,712,000 | 122,292,000 | 111,581,000 | 128,470,000 | 136,768,000 | 132,281,000 | 123,775,000 | 120,918,000 | 74,179,000 | 63,616,000 | 56,910,000 | 47,743,000 | 49,569,000 | 45,258,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value per share... | ||||||||||||||||||||||||||||||||
class a common stock, 0.001 par value per share... | 82,000 | 85,000 | 84,000 | 88,000 | 87,000 | 89,000 | 92,000 | 97,000 | 97,000 | 98,000 | 102,000 | 103,000 | 102,000 | 102,000 | 101,000 | 99,000 | 99,000 | 94,000 | 93,000 | 93,000 | 91,000 | 91,000 | 90,000 | 89,000 | 89,000 | 85,000 | 14,000 | |||||
class b common stock, 0.001 par value per share... | 14,000 | 14,000 | 14,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 18,000 | 18,000 | 19,000 | 20,000 | 20,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 28,000 | |||||
additional paid-in capital | 6,776,000 | 15,366,000 | 6,775,000 | 154,452,000 | 146,946,000 | 194,309,000 | 341,110,000 | 346,494,000 | 357,748,000 | 418,013,000 | 407,363,000 | 398,471,000 | 379,808,000 | 368,194,000 | 355,968,000 | 233,246,000 | 224,418,000 | 214,143,000 | 199,228,000 | 193,967,000 | 188,954,000 | 181,630,000 | 179,716,000 | 189,237,000 | 4,225,000 | |||||||
retained earnings | 367,187,000 | 418,642,000 | 396,486,000 | 329,238,000 | 306,727,000 | 375,448,000 | 354,147,000 | 377,890,000 | 355,588,000 | 339,175,000 | 323,043,000 | 163,796,000 | 56,832,000 | 67,168,000 | 129,258,000 | 209,024,000 | 179,825,000 | 151,773,000 | 129,412,000 | 104,249,000 | 71,686,000 | 64,555,000 | 51,859,000 | 38,688,000 | 28,304,000 | 22,297,000 | 9,713,000 | |||||
accumulated other comprehensive income | 1,390,000 | 1,370,000 | -403,000 | 307,000 | 1,045,000 | 797,000 | 1,880,000 | 651,000 | -350,000 | -926,000 | 3,000 | -353,000 | 71,000 | 136,000 | 148,000 | 300,000 | 228,000 | 199,000 | ||||||||||||||
total stockholders’ equity | 375,449,000 | 435,477,000 | 402,050,000 | 483,473,000 | 452,073,000 | 568,362,000 | 616,852,000 | 716,994,000 | 700,854,000 | 695,808,000 | 734,609,000 | 577,931,000 | 461,835,000 | 464,865,000 | 516,841,000 | 589,256,000 | 549,181,000 | 508,655,000 | 373,586,000 | 338,259,000 | 295,855,000 | 277,968,000 | 256,855,000 | 237,102,000 | 222,386,000 | 211,009,000 | 194,111,000 | 170,428,000 | 156,391,000 | 134,795,000 | 127,025,000 | |
total liabilities and stockholders’ equity | 660,472,000 | 726,121,000 | 689,115,000 | 931,574,000 | 502,298,000 | 460,551,000 | 407,436,000 | 406,438,000 | 393,623,000 | 369,383,000 | 346,161,000 | 331,927,000 | 268,290,000 | 234,044,000 | 213,301,000 | 182,538,000 | ||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -1,309,000 | -321,000 | -1,703,000 | -1,500,000 | -901,000 | -2,119,000 | -1,341,000 | -1,229,000 | -1,644,000 | -3,997,000 | -2,478,000 | -892,000 | -362,000 | -843,000 | ||||||||||||||||||
short-term investments | 20,724,000 | 91,824,000 | 90,490,000 | |||||||||||||||||||||||||||||
prepaid expenses, prepaid income taxes and other current assets | 19,085,000 | 18,131,000 | 18,893,000 | 25,152,000 | 19,696,000 | 21,742,000 | 18,114,000 | 21,972,000 | 29,647,000 | 24,599,000 | 17,407,000 | 16,430,000 | 13,183,000 | 17,737,000 | 17,170,000 | 12,385,000 | 11,090,000 | 7,303,000 | ||||||||||||||
liabilities, redeemable noncontrolling interest and stockholders’ equity | ||||||||||||||||||||||||||||||||
accrued expenses, accrued income taxes and other current liabilities | 31,582,000 | 33,924,000 | 38,353,000 | 33,718,000 | 36,908,000 | 36,367,000 | 45,010,000 | 39,193,000 | 56,970,000 | 74,391,000 | 61,755,000 | 78,586,000 | 21,922,000 | 33,394,000 | 22,847,000 | 24,751,000 | 17,878,000 | 12,991,000 | 13,973,000 | 18,262,000 | 14,022,000 | 14,805,000 | 13,793,000 | 18,654,000 | 12,372,000 | 11,290,000 | 9,672,000 | |||||
total liabilities, redeemable noncontrolling interest and stockholders’ equity | 778,161,000 | 753,331,000 | 870,803,000 | 918,927,000 | 1,048,725,000 | 1,040,321,000 | 1,051,579,000 | 927,102,000 | 982,855,000 | 1,009,706,000 | 945,805,000 | 819,917,000 | 784,205,000 | 719,393,000 | ||||||||||||||||||
redeemable noncontrolling interest | 26,536,000 | 29,865,000 | 32,475,000 | 36,749,000 | 172,612,000 | 264,505,000 | 239,750,000 | 162,808,000 | 54,633,000 | 54,565,000 | 55,221,000 | |||||||||||||||||||||
additional paid–in capital | 263,498,000 | 413,092,000 | 387,868,000 | 242,181,000 | 205,234,000 | 184,216,000 | 185,190,000 | |||||||||||||||||||||||||
investments | 30,000,000 | 60,000,000 | 90,000,000 | 90,000,000 | 85,000,000 | 100,000,000 | 100,000,000 | 43,000,000 | 81,281,000 | 111,692,000 | 134,808,000 | 119,327,000 | 108,500,000 | 122,800,000 | 70,000,000 | 110,000,000 | 80,000,000 | 50,000,000 | 60,000,000 | |||||||||||||
preferred stock, 0.001 par value... | ||||||||||||||||||||||||||||||||
class a common stock, 0.001 par value... | 102,000 | 94,000 | 92,000 | 90,000 | 78,000 | |||||||||||||||||||||||||||
class b common stock, 0.001 par value... | 16,000 | 19,000 | 20,000 | 21,000 | 28,000 | |||||||||||||||||||||||||||
prepaid expenses and prepaid income taxes | 7,325,000 | 11,141,000 | 18,756,000 | 10,452,000 | 8,381,000 | 7,968,000 | 9,680,000 | 10,144,000 | 8,227,000 | |||||||||||||||||||||||
other current assets | 1,634,000 | 1,849,000 | 7,887,000 | 4,972,000 | 7,167,000 | 8,991,000 | 8,835,000 | 7,410,000 | 7,201,000 | |||||||||||||||||||||||
deferred rent | 1,693,000 | 1,326,000 | 1,206,000 | 1,185,000 | 1,165,000 | 1,144,000 | ||||||||||||||||||||||||||
other long–term assets | 4,326,000 | 3,231,000 | 1,892,000 | 1,104,000 | 136,000 | 143,000 | 155,000 | 159,000 | ||||||||||||||||||||||||
operating lease liability non-current | 51,494,000 | 52,956,000 | ||||||||||||||||||||||||||||||
deferred rent, net of current portion | 9,395,000 | 6,943,000 | 5,206,000 | 5,434,000 | 5,648,000 | 5,701,000 | ||||||||||||||||||||||||||
accumulated deficit | -11,448,000 | -23,583,000 | -54,848,000 | -58,499,000 | -60,766,000 | |||||||||||||||||||||||||||
prepaid income taxes | 1,533,000 | |||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 5,385,000 | 3,485,000 | ||||||||||||||||||||||||||||||
liabilities, convertible preferred stock, and stockholders’ equity | ||||||||||||||||||||||||||||||||
accrued expenses | 13,588,000 | 9,953,000 | ||||||||||||||||||||||||||||||
convertible preferred stock | 132,698,000 | |||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock, and stockholders’ equity | 176,594,000 | |||||||||||||||||||||||||||||||
other long-term assets | 4,158,000 | |||||||||||||||||||||||||||||||
liabilities, convertible preferred stock, and stockholders’ deficit | ||||||||||||||||||||||||||||||||
accrued income taxes | 156,000 | |||||||||||||||||||||||||||||||
other non-current liabilities | 969,000 | |||||||||||||||||||||||||||||||
stockholders’ deficit: | ||||||||||||||||||||||||||||||||
total stockholders’ deficit | -56,300,000 | |||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock, and stockholders’ deficit | 121,656,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||
net income | 44,717,000 | 22,343,000 | 39,045,000 | 25,163,000 | 32,563,000 | 7,131,000 | 12,696,000 | 13,171,000 | 10,384,000 | 6,007,000 | 12,584,000 | 18,119,000 | 12,135,000 | 31,265,000 | 3,651,000 | 2,267,000 | |||||||||||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||
depreciation and amortization | 7,356,000 | 6,682,000 | 6,554,000 | 5,178,000 | 5,663,000 | 7,481,000 | 12,761,000 | 12,470,000 | 11,667,000 | 11,576,000 | 11,732,000 | 11,183,000 | 11,234,000 | 11,185,000 | 10,989,000 | 10,656,000 | 10,165,000 | 8,666,000 | 2,563,000 | 2,432,000 | 3,357,000 | 2,990,000 | 2,158,000 | 2,118,000 | 1,914,000 | 1,627,000 | 1,264,000 | 1,308,000 | 1,220,000 | 1,237,000 | 1,125,000 |
currency gain on foreign denominated transactions | -42,000 | 21,000 | -51,000 | 55,000 | 59,000 | 11,000 | -102,000 | -87,000 | |||||||||||||||||||||||
other non-cash income | |||||||||||||||||||||||||||||||
deferred taxes | 27,296,000 | -9,941,000 | -3,389,000 | -3,180,000 | -35,112,000 | -9,052,000 | -5,735,000 | -15,718,000 | -4,490,000 | -11,921,000 | 8,551,000 | -7,201,000 | -10,373,000 | -13,091,000 | 389,000 | 3,438,000 | 2,276,000 | 60,000 | 7,466,000 | 10,074,000 | -769,000 | 5,464,000 | 1,291,000 | 291,000 | -1,624,000 | -3,692,000 | -2,878,000 | -7,938,000 | -26,214,000 | -2,010,000 | -454,000 |
provision for doubtful accounts | 924,000 | 699,000 | 424,000 | 131,000 | -300,000 | 640,000 | 430,000 | 549,000 | 150,000 | 272,000 | 379,000 | 188,000 | 84,000 | 456,000 | 1,202,000 | 396,000 | 327,000 | 353,000 | 15,000 | ||||||||||||
stock-based compensation expense | 12,627,000 | 13,025,000 | 12,900,000 | 15,455,000 | 15,337,000 | 15,822,000 | 19,968,000 | 14,262,000 | 14,603,000 | 14,904,000 | 13,227,000 | 13,971,000 | 13,432,000 | 14,147,000 | 10,974,000 | 13,804,000 | 14,387,000 | 14,360,000 | 11,028,000 | 11,769,000 | 11,606,000 | 8,761,000 | 8,943,000 | 7,686,000 | 5,528,000 | 5,605,000 | 3,818,000 | ||||
amortization of deferred financing costs | 129,000 | 129,000 | 129,000 | 129,000 | 129,000 | 129,000 | 128,000 | 129,000 | 129,000 | 129,000 | 129,000 | ||||||||||||||||||||
amortization of deferred contract costs | 4,172,000 | 4,004,000 | 3,810,000 | 3,608,000 | 3,375,000 | 3,258,000 | 3,188,000 | 3,026,000 | 2,866,000 | 2,737,000 | 2,735,000 | 2,768,000 | 2,758,000 | 2,806,000 | 3,010,000 | 3,189,000 | 3,259,000 | 3,195,000 | 3,010,000 | 2,954,000 | 2,805,000 | 2,836,000 | 2,619,000 | 2,163,000 | 1,804,000 | 1,830,000 | |||||
impairments | 0 | ||||||||||||||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||||||||||||||
accounts receivable | 1,181,000 | -847,000 | 3,070,000 | -5,636,000 | 4,425,000 | -4,182,000 | 10,638,000 | -12,904,000 | 6,383,000 | 6,858,000 | 89,470,000 | 75,506,000 | -51,995,000 | 39,973,000 | -123,176,000 | -3,613,000 | -45,559,000 | -2,423,000 | -2,065,000 | 301,000 | 252,000 | 5,401,000 | -4,624,000 | -1,146,000 | -2,319,000 | -1,519,000 | -671,000 | -1,658,000 | 411,000 | 7,000 | -3,026,000 |
inventory | 711,000 | -20,000 | -353,000 | 863,000 | -395,000 | -319,000 | -3,001,000 | 219,000 | 1,095,000 | 3,645,000 | 22,884,000 | -6,482,000 | -692,000 | -1,336,000 | -13,261,000 | ||||||||||||||||
prepaid expenses, prepaid income taxes, and other assets | -17,346,000 | 2,093,000 | 6,801,000 | -332,000 | 1,451,000 | 5,974,000 | -7,525,000 | 2,573,000 | -1,198,000 | 4,652,000 | 8,102,000 | -4,241,000 | -8,307,000 | -2,127,000 | -2,098,000 | 1,048,000 | -1,801,000 | -2,217,000 | -3,620,000 | 4,269,000 | 13,882,000 | -11,047,000 | 493,000 | 1,200,000 | -311,000 | -1,760,000 | -3,105,000 | -4,336,000 | -3,805,000 | -507,000 | |
deferred contract costs | -4,278,000 | -4,685,000 | -4,744,000 | -3,859,000 | -4,122,000 | -3,326,000 | -4,752,000 | -3,950,000 | -4,600,000 | -5,138,000 | -4,608,000 | -3,343,000 | -2,749,000 | -2,997,000 | -1,192,000 | -1,424,000 | -1,604,000 | -3,494,000 | -2,848,000 | -778,000 | -3,296,000 | -3,674,000 | -3,392,000 | -4,376,000 | |||||||
accounts payable | -2,465,000 | 2,617,000 | 4,075,000 | 1,469,000 | 8,594,000 | 707,000 | 903,000 | -2,963,000 | -6,128,000 | 10,268,000 | -36,357,000 | -6,858,000 | 12,230,000 | -4,062,000 | 10,849,000 | 9,215,000 | 10,457,000 | 4,876,000 | 4,668,000 | 6,169,000 | -18,477,000 | -7,437,000 | -6,472,000 | 4,708,000 | 2,807,000 | 3,225,000 | -2,117,000 | 4,124,000 | 6,689,000 | 649,000 | -165,000 |
accrued expenses, accrued income taxes, and other liabilities | -2,854,000 | 2,388,000 | -5,592,000 | -1,706,000 | -1,543,000 | 681,000 | -4,435,000 | 5,107,000 | -8,633,000 | 4,542,000 | -44,001,000 | -19,250,000 | 8,087,000 | 30,087,000 | 31,009,000 | -10,772,000 | 17,212,000 | -1,632,000 | |||||||||||||
deferred revenue | 247,000 | 955,000 | 731,000 | 79,000 | 356,000 | 120,000 | 270,000 | -219,000 | 459,000 | 8,557,000 | -505,000 | -2,322,000 | 2,307,000 | -5,000 | 271,000 | -599,000 | 1,132,000 | 2,857,000 | -548,000 | 1,475,000 | 3,150,000 | -4,938,000 | 2,201,000 | -695,000 | -464,000 | 132,000 | 1,127,000 | 66,000 | 504,000 | 2,811,000 | -303,000 |
lease obligations | -1,162,000 | 1,417,000 | 4,583,000 | 4,846,000 | 14,690,000 | 12,696,000 | 3,172,000 | 4,390,000 | 3,150,000 | 4,453,000 | 370,000 | -47,000 | -277,000 | -592,000 | 255,000 | 990,000 | 61,000 | -265,000 | -898,000 | -542,000 | 1,619,000 | -721,000 | 414,000 | -2,000 | -500,000 | -1,380,000 | |||||
net cash from operating activities | 71,165,000 | 73,119,000 | 67,879,000 | 56,196,000 | 71,597,000 | 51,964,000 | 2,496,000 | 26,350,000 | 29,336,000 | 66,345,000 | 95,303,000 | 73,208,000 | -5,465,000 | 93,060,000 | -36,771,000 | 53,728,000 | 37,473,000 | 43,862,000 | 47,937,000 | 73,878,000 | 24,787,000 | 10,141,000 | 20,565,000 | 23,822,000 | 16,044,000 | 9,685,000 | 17,124,000 | 10,751,000 | 17,474,000 | 6,374,000 | 7,149,000 |
capital expenditures | 705,000 | 339,000 | 176,000 | -9,861,000 | -32,748,000 | -10,509,000 | -1,443,000 | -2,190,000 | 2,122,000 | 569,000 | 1,005,000 | -706,000 | -73,000 | 245,000 | -2,778,000 | 514,000 | -3,420,000 | 428,000 | 363,000 | 653,000 | -1,898,000 | 1,000 | -9,000 | -4,263,000 | -2,884,000 | -3,588,000 | -997,000 | 597,000 | -23,000 | -246,000 | -1,139,000 |
free cash flows | 71,870,000 | 73,458,000 | 68,055,000 | 46,335,000 | 38,849,000 | 41,455,000 | 1,053,000 | 24,160,000 | 31,458,000 | 66,914,000 | 96,308,000 | 72,502,000 | -5,538,000 | 93,305,000 | -39,549,000 | 54,242,000 | 34,053,000 | 44,290,000 | 48,300,000 | 74,531,000 | 22,889,000 | 10,142,000 | 20,556,000 | 19,559,000 | 13,160,000 | 6,097,000 | 16,127,000 | 11,348,000 | 17,451,000 | 6,128,000 | 6,010,000 |
investing activities | |||||||||||||||||||||||||||||||
purchases of property and equipment | -1,362,000 | -1,583,000 | -2,240,000 | -10,288,000 | -25,984,000 | -28,665,000 | -15,515,000 | -4,793,000 | -1,857,000 | -2,398,000 | -1,756,000 | -1,507,000 | -1,431,000 | -1,230,000 | -2,778,000 | -263,000 | -3,445,000 | -1,227,000 | -220,000 | -161,000 | -1,357,000 | -1,214,000 | -440,000 | -2,181,000 | -2,884,000 | -5,700,000 | -4,083,000 | -892,000 | -547,000 | -434,000 | -910,000 |
capitalization of website development costs | -5,794,000 | -6,262,000 | -5,391,000 | -4,607,000 | -5,242,000 | -5,465,000 | -4,875,000 | -4,341,000 | -3,943,000 | -3,489,000 | -3,071,000 | -2,773,000 | -2,996,000 | -2,506,000 | -2,018,000 | -2,036,000 | -1,143,000 | -966,000 | -1,534,000 | -1,350,000 | -1,029,000 | -666,000 | -947,000 | -547,000 | -716,000 | -811,000 | -544,000 | -253,000 | -144,000 | -581,000 | -728,000 |
purchases of short-term investments | 0 | 0 | -494,000 | -1,268,000 | -1,242,000 | ||||||||||||||||||||||||||
sale of short-term investments | 0 | 0 | 21,218,000 | ||||||||||||||||||||||||||||
advance payments to customers, net of collections | 0 | 0 | 259,000 | 2,649,000 | |||||||||||||||||||||||||||
net cash from investing activities | -7,156,000 | -7,845,000 | -7,631,000 | -14,895,000 | -31,226,000 | -13,147,000 | 53,453,000 | -10,683,000 | -98,447,000 | -5,887,000 | -4,827,000 | 25,720,000 | 25,573,000 | 26,264,000 | -4,796,000 | -7,299,000 | 12,038,000 | -68,092,000 | -101,754,000 | 41,437,000 | 35,895,000 | 7,527,000 | 21,729,000 | -18,209,000 | -14,427,000 | -11,350,000 | -57,427,000 | 38,855,000 | -30,691,000 | -31,015,000 | 8,362,000 |
financing activities | |||||||||||||||||||||||||||||||
proceeds from issuance of common stock upon exercise of stock options | 25,000 | 10,000 | 394,000 | 49,000 | 15,000 | 11,000 | 0 | 45,000 | 10,000 | 19,000 | |||||||||||||||||||||
payment of withholding taxes on net share settlements of restricted stock units | -7,374,000 | -6,345,000 | -8,985,000 | -5,986,000 | -6,290,000 | -5,115,000 | -3,859,000 | -4,844,000 | -4,828,000 | -2,066,000 | |||||||||||||||||||||
repurchases of common stock | -110,279,000 | -1,780,000 | -182,828,000 | -3,701,000 | -65,037,000 | -77,442,000 | |||||||||||||||||||||||||
payment of excise tax for repurchase of common stock | 0 | ||||||||||||||||||||||||||||||
payment of finance lease obligations | -20,000 | -20,000 | -20,000 | -19,000 | -19,000 | -18,000 | -18,000 | -18,000 | -17,000 | -17,000 | -17,000 | -16,000 | -16,000 | -19,000 | -10,000 | -16,000 | -3,000 | -10,000 | -10,000 | -9,000 | -9,000 | ||||||||||
change in gross advance payments received from third-party transaction processor | -803,000 | -243,000 | -38,000 | -624,000 | 394,000 | -474,000 | 48,000 | -1,849,000 | -552,000 | -2,122,000 | |||||||||||||||||||||
net cash from financing activities | -118,451,000 | -9,060,000 | -191,477,000 | -10,281,000 | -70,937,000 | -83,038,000 | -129,958,000 | -22,617,000 | -27,831,000 | -73,238,000 | -34,931,000 | -32,045,000 | 11,250,000 | -36,894,000 | 42,864,000 | -2,983,000 | -3,030,000 | -19,043,000 | -2,344,000 | -2,866,000 | -1,983,000 | -2,892,000 | -3,345,000 | -3,833,000 | -4,252,000 | -3,263,000 | -3,447,000 | -3,703,000 | -15,183,000 | -1,062,000 | 46,620,000 |
impact of foreign currency on cash, cash equivalents, and restricted cash | -52,000 | 1,425,000 | 710,000 | 1,356,000 | -197,000 | -577,000 | 981,000 | -717,000 | -118,000 | 329,000 | 1,276,000 | -728,000 | -700,000 | -212,000 | -238,000 | -224,000 | -16,000 | -119,000 | 269,000 | 147,000 | 52,000 | -28,000 | 96,000 | -114,000 | 40,000 | -23,000 | 10,000 | 29,000 | -107,000 | 24,000 | 2,000 |
net decrease in cash, cash equivalents, and restricted cash | -54,494,000 | 57,639,000 | -130,519,000 | 32,376,000 | -30,763,000 | -44,798,000 | 1,666,000 | -2,595,000 | -4,951,000 | ||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | 0 | 0 | 306,229,000 | 0 | 0 | 293,926,000 | 0 | 0 | 0 | 484,132,000 | 0 | 0 | 0 | 248,280,000 | 0 | 0 | 0 | 200,926,000 | 0 | 0 | 0 | 70,723,000 | 0 | 0 | 0 | 37,558,000 | 0 | 0 | 0 | 89,552,000 | 0 |
cash, cash equivalents, and restricted cash at end of period | -54,494,000 | 57,639,000 | 175,710,000 | 32,376,000 | -30,763,000 | 249,128,000 | -73,028,000 | -7,667,000 | -97,060,000 | 471,681,000 | 56,821,000 | 66,155,000 | 30,658,000 | 330,498,000 | 1,059,000 | 43,222,000 | 46,465,000 | 157,534,000 | -55,892,000 | 112,596,000 | 58,751,000 | 85,471,000 | 39,045,000 | 1,666,000 | -2,595,000 | 32,607,000 | -43,740,000 | 45,932,000 | -28,507,000 | 63,873,000 | 62,133,000 |
supplemental disclosure of cash flow information | |||||||||||||||||||||||||||||||
cash paid for income taxes | 451,000 | 16,569,000 | 700,000 | 11,055,000 | 24,772,000 | 1,132,000 | 25,850,000 | 12,630,000 | 33,893,000 | 2,410,000 | 7,752,000 | 12,089,000 | 40,094,000 | 1,066,000 | 5,722,000 | 13,578,000 | 8,141,000 | 79,000 | 1,956,000 | 849,000 | 6,000 | 20,000 | 147,000 | 65,000 | 74,000 | 14,000 | -12,000 | 40,000 | 2,275,000 | 5,000 | 173,000 |
cash paid for operating lease liabilities | 5,456,000 | 6,439,000 | 2,558,000 | 3,679,000 | 2,746,000 | 4,788,000 | 4,742,000 | 4,931,000 | 5,702,000 | 4,129,000 | 4,013,000 | 4,315,000 | 4,483,000 | 4,737,000 | 3,848,000 | 4,256,000 | 3,999,000 | 4,065,000 | 4,612,000 | 4,069,000 | 2,236,000 | 4,024,000 | 2,441,000 | 2,860,000 | 2,600,000 | 3,005,000 | |||||
cash paid for interest | 174,000 | 282,000 | 34,000 | 302,000 | 166,000 | 143,000 | 155,000 | 132,000 | 135,000 | 144,000 | 39,000 | 2,000 | 1,000 | 4,000 | 5,000 | 5,000 | 5,000 | 12,000 | |||||||||||||
supplemental noncash disclosure of cash flow information | |||||||||||||||||||||||||||||||
unpaid purchases of property and equipment and capitalized hosting arrangements | 329,000 | 64,000 | 778,000 | -1,112,000 | -8,625,000 | 16,329,000 | |||||||||||||||||||||||||
capitalized stock-based compensation expense in website development and internal-use software costs and hosting arrangements | 1,738,000 | 1,858,000 | 1,638,000 | 1,539,000 | 1,861,000 | 1,827,000 | 1,629,000 | 1,406,000 | 1,292,000 | 1,145,000 | 1,058,000 | 939,000 | 1,265,000 | 1,206,000 | |||||||||||||||||
unpaid withholding taxes on net share settlement of restricted stock units | 152,000 | -2,000 | 125,000 | 0 | 1,000 | 119,000 | -929,000 | 368,000 | 3,590,000 | ||||||||||||||||||||||
unpaid repurchases of common stock | 1,451,000 | 3,658,000 | 1,231,000 | -471,000 | 1,030,000 | ||||||||||||||||||||||||||
unpaid excise tax on repurchases of common stock | 896,000 | -866,000 | 2,268,000 | -151,000 | 415,000 | 2,239,000 | |||||||||||||||||||||||||
obtaining a right-of-use asset in exchange for an operating lease liability | 938,000 | -16,000 | 217,000 | 0 | -1,493,000 | -3,536,000 | 3,578,000 | 1,051,000 | 0 | 144,556,000 | 4,538,000 | 0 | 0 | 0 | 0 | 12,336,000 | |||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||
currency loss on foreign denominated transactions | -292,000 | -165,000 | -741,000 | 123,000 | 384,000 | -198,000 | -462,000 | 263,000 | 270,000 | 84,000 | |||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||
supplemental noncash disclosure of cash flow information: | |||||||||||||||||||||||||||||||
consolidated net income | 22,511,000 | -68,721,000 | 21,301,000 | -22,603,000 | 18,973,000 | 13,817,000 | 11,866,000 | 23,231,000 | 18,824,000 | 18,061,000 | 18,838,000 | 34,159,000 | 29,267,000 | 27,396,000 | 19,551,000 | ||||||||||||||||
adjustments to reconcile consolidated net income to net cash from operating activities: | |||||||||||||||||||||||||||||||
gain on sale of property and equipment | 0 | 0 | 0 | -460,000 | |||||||||||||||||||||||||||
other non-cash expense | 0 | -80,000 | |||||||||||||||||||||||||||||
goodwill and other asset impairment | |||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 0 | 0 | |||||||||||||||||||||||||||||
payment of tax distributions to redeemable noncontrolling interest holders | 0 | 0 | -10,000 | -28,000 | -70,000 | -7,152,000 | -4,172,000 | -8,519,000 | |||||||||||||||||||||||
provision (recoveries) for doubtful accounts | 508,000 | 290,000 | |||||||||||||||||||||||||||||
goodwill and other long-lived asset impairment | |||||||||||||||||||||||||||||||
impairment of long-lived assets | 0 | 0 | 9,000 | 175,000 | |||||||||||||||||||||||||||
receivable from sale of property and equipment | 460,000 | ||||||||||||||||||||||||||||||
accrued tax distributions to redeemable noncontrolling interest holders | -223,000 | -3,399,000 | -530,000 | 4,168,000 | |||||||||||||||||||||||||||
adjustments to reconcile consolidated net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||
cash paid for acquisitions, net of cash acquired | 0 | 0 | 1,626,000 | -65,899,000 | |||||||||||||||||||||||||||
maturities of short-term investments | |||||||||||||||||||||||||||||||
repurchase of common stock | -101,115,000 | -15,951,000 | -22,434,000 | -69,024,000 | |||||||||||||||||||||||||||
repayment of line of credit | 0 | 0 | 0 | -14,250,000 | |||||||||||||||||||||||||||
payment of deferred financing costs | 0 | ||||||||||||||||||||||||||||||
acquisition of remaining interest in caroffer, llc | |||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | -73,028,000 | -7,667,000 | -97,060,000 | -12,451,000 | 56,821,000 | 66,155,000 | 30,658,000 | 82,218,000 | 1,059,000 | 43,222,000 | 46,465,000 | -43,392,000 | -55,892,000 | 112,596,000 | 58,751,000 | 14,748,000 | -28,507,000 | -25,679,000 | 62,133,000 | ||||||||||||
unpaid purchases of property and equipment, capitalized website development, capitalized internal-use software and capitalized hosting arrangements | 12,443,000 | 1,197,000 | 2,687,000 | 1,822,000 | 1,703,000 | -138,000 | 93,000 | 269,000 | |||||||||||||||||||||||
unpaid excise tax on repurchases of shares | |||||||||||||||||||||||||||||||
obtaining a right-of-use asset in exchange for a finance lease liability | 0 | 0 | 0 | 664,000 | |||||||||||||||||||||||||||
issuance of stock for acquisition | 0 | 0 | 0 | 103,645,000 | |||||||||||||||||||||||||||
accretion of redeemable noncontrolling interest to redemption value | -134,454,000 | -86,564,000 | 29,620,000 | 82,000,000 | |||||||||||||||||||||||||||
unrealized currency loss on foreign denominated transactions | 385,000 | -833,000 | -72,000 | 53,000 | 32,000 | ||||||||||||||||||||||||||
sales of short-term investments | 0 | ||||||||||||||||||||||||||||||
unrealized loss on short-term investments | |||||||||||||||||||||||||||||||
realized gain on short-term investments | |||||||||||||||||||||||||||||||
(recoveries) provision for doubtful accounts | |||||||||||||||||||||||||||||||
advance payments to customer, net of collections | |||||||||||||||||||||||||||||||
maturities of certificates of deposit | 0 | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 40,000,000 | 0 | 43,000,000 | 38,281,000 | 30,411,000 | 66,116,000 | 22,800,000 | 60,000,000 | 40,000,000 | 30,000,000 | 40,000,000 | 40,000,000 | 30,000,000 | 10,000,000 | ||||||||||||
accrued tax (refunds from) distributions to redeemable noncontrolling interest holders | -4,000 | ||||||||||||||||||||||||||||||
investments in certificates of deposit | -30,000,000 | -45,000,000 | -43,000,000 | -38,281,000 | -70,827,000 | -25,700,000 | -82,800,000 | 0 | -70,000,000 | -60,000,000 | 0 | ||||||||||||||||||||
change in gross advance payments received from third-party payment processor | |||||||||||||||||||||||||||||||
impairment of website development costs | |||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 14,000 | 25,000 | 680,000 | 126,000 | 139,000 | 140,000 | 258,000 | 141,000 | 66,000 | 415,000 | 514,000 | 351,000 | 368,000 | 391,000 | 697,000 | 571,000 | 676,000 | 2,305,000 | 80,000 | ||||||||||||
payment of withholding taxes on net share settlement of equity awards | -2,911,000 | ||||||||||||||||||||||||||||||
payments made to third-party payment processor | |||||||||||||||||||||||||||||||
payments made to third party payment processor | |||||||||||||||||||||||||||||||
payment of withholding taxes and option costs on net share settlement of restricted stock units and stock options | -5,430,000 | -4,074,000 | -3,106,000 | -3,167,000 | -5,041,000 | -2,476,000 | -3,687,000 | -4,192,000 | |||||||||||||||||||||||
payments received in advance from (payments made to) third party payment processor | -23,606,000 | ||||||||||||||||||||||||||||||
payments received in advance from third-party payment processor | |||||||||||||||||||||||||||||||
supplemental cash disclosure of cash flow information: | |||||||||||||||||||||||||||||||
unpaid purchases of property and equipment, capitalized website development, capitalized internal-use software and hosting arrangements | |||||||||||||||||||||||||||||||
capitalized stock-based compensation expense in website development and capitalized internal-use software costs | |||||||||||||||||||||||||||||||
distributions to redeemable noncontrolling interest holders | |||||||||||||||||||||||||||||||
unpaid purchases of property and equipment and internal-use software | -2,406,000 | ||||||||||||||||||||||||||||||
capitalized stock-based compensation expense in website development and internal-use software costs | 777,000 | 866,000 | 569,000 | 583,000 | 656,000 | 419,000 | 248,000 | 431,000 | 324,000 | ||||||||||||||||||||||
benefit from doubtful accounts | 434,000 | 377,000 | |||||||||||||||||||||||||||||
unpaid purchases of property and equipment | -841,000 | 1,086,000 | 158,000 | -960,000 | 967,000 | 2,112,000 | 3,086,000 | 1,489,000 | 524,000 | 188,000 | -229,000 | ||||||||||||||||||||
stock–based compensation expense | |||||||||||||||||||||||||||||||
deferred contracts costs | |||||||||||||||||||||||||||||||
accrued expenses, accrued income taxes and other liabilities | |||||||||||||||||||||||||||||||
deferred rent | 2,823,000 | 1,900,000 | -219,000 | -215,000 | -35,000 | ||||||||||||||||||||||||||
payment of initial public offering costs | 0 | 0 | 0 | -1,142,000 | |||||||||||||||||||||||||||
financing cash flows from finance leases | -9,000 | -9,000 | -6,000 | -6,000 | |||||||||||||||||||||||||||
accrued expenses, accrued income taxes, and other current liabilities | 4,797,000 | -944,000 | -4,350,000 | -738,000 | 2,700,000 | -4,009,000 | -973,000 | 1,660,000 | -3,651,000 | ||||||||||||||||||||||
other non-current liabilities | 1,063,000 | 1,323,000 | -163,000 | 212,000 | 133,000 | 155,000 | 108,000 | 85,000 | 154,000 | ||||||||||||||||||||||
cash paid for acquisition, net of cash acquired | -52,000 | 0 | -21,004,000 | ||||||||||||||||||||||||||||
payment of withholding taxes on net share settlement of restricted stock units | -2,389,000 | -3,397,000 | |||||||||||||||||||||||||||||
accrued expenses, accrued income taxes and other current liabilities | |||||||||||||||||||||||||||||||
other non–current liabilities | |||||||||||||||||||||||||||||||
cash paid for acquisition | 0 | 0 | 0 | -19,139,000 | |||||||||||||||||||||||||||
initial public offering proceeds | |||||||||||||||||||||||||||||||
unpaid initial public offering costs | |||||||||||||||||||||||||||||||
payment of withholding taxes on net share settlements of equity awards | -3,954,000 | -4,018,000 | -4,379,000 | ||||||||||||||||||||||||||||
capitalized stock-based compensation expense in website development costs | 309,000 | ||||||||||||||||||||||||||||||
unrealized currency (gain) loss on foreign denominated transactions | -134,000 | ||||||||||||||||||||||||||||||
excess tax benefit related to exercise of stock options | |||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | |||||||||||||||||||||||||||||||
cash paid for repurchase of preferred stock, common stock, and vested options | |||||||||||||||||||||||||||||||
supplemental disclosure of non–cash investing and financing activities: | |||||||||||||||||||||||||||||||
capitalized stock-based compensation in website development costs | |||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing and financing activities: | |||||||||||||||||||||||||||||||
unpaid deferred initial public offering costs | |||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing activities: | |||||||||||||||||||||||||||||||
capitalized stockholders' compensation in website development costs | 61,000 | 149,000 | |||||||||||||||||||||||||||||
accrued expenses | 5,932,000 | ||||||||||||||||||||||||||||||
initial public offering proceeds, net of offering costs paid of 3,308 | |||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock, net of offering costs | |||||||||||||||||||||||||||||||
proceeds from exercise of unit options and stock options | 110,000 | ||||||||||||||||||||||||||||||
prepaid expenses, prepaid income taxes, and other current assets | |||||||||||||||||||||||||||||||
accrued income taxes | |||||||||||||||||||||||||||||||
payment of deferred initial public offering costs | |||||||||||||||||||||||||||||||
unpaid preferred stock issuance costs |