Everbridge, Inc(NASDAQ:EVBG)

Everbridge, Inc. operates as a software company in the United States and internationally. Its Critical Event Management, a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification...
Website: http://www.everbridge.com
Founded: 2002
Full Time Employees: 1,306
CEO: Patrick Brickley
Sector: Technology
Industry: Software-Application
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At a glance:
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Income Statements:
Quarterly
Annual
| Unit: USD | 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 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 111,429,000 | 115,760,000 | 114,191,000 | 110,569,000 | 108,268,000 | 117,130,000 | 111,401,000 | 102,986,000 | 100,375,000 | 102,828,000 | 96,746,000 | 86,649,000 | 82,210,000 | 75,608,000 | 71,256,000 | 65,377,000 | 58,900,000 | 57,111,000 | 52,547,000 | 48,405,000 | 42,819,000 | 41,828,000 | 38,925,000 | 35,822,000 | 30,519,000 | 29,175,000 | 27,312,000 | 25,021,000 | 22,844,000 | 21,280,000 | 19,932,000 |
yoy | 2.92% | -1.17% | 2.50% | 7.36% | 7.86% | 13.91% | 15.15% | 18.85% | 22.10% | 36.00% | 35.77% | 32.54% | 39.58% | 32.39% | 35.60% | 35.06% | 37.56% | 36.54% | 35.00% | 35.13% | 40.30% | 43.37% | 42.52% | 43.17% | 33.60% | 37.10% | 37.03% | ||||
qoq | -3.74% | 1.37% | 3.28% | 2.13% | -7.57% | 5.14% | 8.17% | 2.60% | -2.39% | 6.29% | 11.65% | 5.40% | 8.73% | 6.11% | 8.99% | 11.00% | 3.13% | 8.69% | 8.56% | 13.05% | 2.37% | 7.46% | 8.66% | 17.38% | 4.61% | 6.82% | 9.16% | 9.53% | 7.35% | 6.76% | |
cost of revenue | 32,444,000 | 33,346,000 | 33,069,000 | 33,091,000 | 31,981,000 | 34,391,000 | 35,447,000 | 33,239,000 | 31,857,000 | 30,961,000 | 30,310,000 | 27,665,000 | 25,280,000 | 21,831,000 | 20,885,000 | 19,423,000 | 20,889,000 | 18,361,000 | 16,454,000 | 14,739,000 | 13,981,000 | 13,322,000 | 12,296,000 | 11,532,000 | 9,660,000 | 8,534,000 | 8,076,000 | 7,239,000 | 7,654,000 | 6,443,000 | 6,173,000 |
gross profit | 78,985,000 | 82,414,000 | 81,122,000 | 77,478,000 | 76,287,000 | 82,739,000 | 75,954,000 | 69,747,000 | 68,518,000 | 71,867,000 | 66,436,000 | 58,984,000 | 56,930,000 | 53,777,000 | 50,371,000 | 45,954,000 | 38,011,000 | 38,750,000 | 36,093,000 | 33,666,000 | 28,838,000 | 28,506,000 | 26,629,000 | 24,290,000 | 20,859,000 | 20,641,000 | 19,236,000 | 17,782,000 | 15,190,000 | 14,837,000 | 13,759,000 |
yoy | 3.54% | -0.39% | 6.80% | 11.08% | 11.34% | 15.13% | 14.33% | 18.25% | 20.35% | 33.64% | 31.89% | 28.35% | 49.77% | 38.78% | 39.56% | 36.50% | 31.81% | 35.94% | 35.54% | 38.60% | 38.25% | 38.10% | 38.43% | 36.60% | 37.32% | 39.12% | 39.81% | ||||
qoq | -4.16% | 1.59% | 4.70% | 1.56% | -7.80% | 8.93% | 8.90% | 1.79% | -4.66% | 8.17% | 12.63% | 3.61% | 5.86% | 6.76% | 9.61% | 20.90% | -1.91% | 7.36% | 7.21% | 16.74% | 1.16% | 7.05% | 9.63% | 16.45% | 1.06% | 7.30% | 8.18% | 17.06% | 2.38% | 7.83% | |
gross margin % | 70.88% | 71.19% | 71.04% | 70.07% | 70.46% | 70.64% | 68.18% | 67.72% | 68.26% | 69.89% | 68.67% | 68.07% | 69.25% | 71.13% | 70.69% | 70.29% | 64.53% | 67.85% | 68.69% | 69.55% | 67.35% | 68.15% | 68.41% | 67.81% | 68.35% | 70.75% | 70.43% | 71.07% | 66.49% | 69.72% | 69.03% |
operating expenses: | |||||||||||||||||||||||||||||||
sales and marketing | 37,118,000 | 37,536,000 | 36,699,000 | 42,669,000 | 42,188,000 | 39,866,000 | 46,580,000 | 45,359,000 | 41,816,000 | 42,901,000 | 42,426,000 | 41,483,000 | 34,527,000 | 33,606,000 | 31,395,000 | 28,741,000 | 29,588,000 | 23,742,000 | 21,903,000 | 22,015,000 | 20,071,000 | 18,305,000 | 16,348,000 | 19,179,000 | 15,776,000 | 13,409,000 | 11,626,000 | 11,057,000 | 10,906,000 | 9,188,000 | 8,605,000 |
research and development | 22,848,000 | 21,999,000 | 23,852,000 | 24,613,000 | 25,004,000 | 20,631,000 | 25,177,000 | 26,619,000 | 23,559,000 | 20,120,000 | 23,197,000 | 20,251,000 | 18,079,000 | 16,455,000 | 16,948,000 | 14,937,000 | 14,172,000 | 12,860,000 | 12,877,000 | 12,802,000 | 11,485,000 | 10,757,000 | 10,350,000 | 12,027,000 | 8,171,000 | 6,159,000 | 5,626,000 | 5,179,000 | 5,277,000 | 4,205,000 | 3,917,000 |
general and administrative | 31,541,000 | 39,886,000 | 31,204,000 | 24,963,000 | 24,466,000 | 26,579,000 | 23,357,000 | 27,093,000 | 22,336,000 | 20,352,000 | 19,904,000 | 24,664,000 | 22,562,000 | 22,009,000 | 19,766,000 | 16,799,000 | 15,911,000 | 12,363,000 | 13,435,000 | 10,464,000 | 10,558,000 | 7,853,000 | 7,130,000 | 8,635,000 | 7,844,000 | 6,255,000 | 6,375,000 | 5,065,000 | 5,200,000 | 4,041,000 | 3,666,000 |
restructuring | 2,344,000 | 827,000 | 2,109,000 | 664,000 | 21,000 | 5,390,000 | 37,000 | 6,742,000 | |||||||||||||||||||||||
total operating expenses | 93,851,000 | 100,248,000 | 93,864,000 | 92,909,000 | 91,679,000 | 92,466,000 | 95,151,000 | 105,813,000 | 87,711,000 | 83,373,000 | 85,527,000 | 86,398,000 | 75,168,000 | 72,070,000 | 68,109,000 | 60,477,000 | 59,671,000 | 48,965,000 | 48,215,000 | 45,281,000 | 42,114,000 | 36,915,000 | 33,828,000 | 39,841,000 | 31,791,000 | 25,823,000 | 23,627,000 | 21,301,000 | 21,383,000 | 17,434,000 | 16,188,000 |
operating income | -14,866,000 | -17,834,000 | -12,742,000 | -15,431,000 | -15,392,000 | -9,727,000 | -19,197,000 | -36,066,000 | -19,193,000 | -11,506,000 | -19,091,000 | -27,414,000 | -18,238,000 | -18,293,000 | -17,738,000 | -14,523,000 | -21,660,000 | -10,215,000 | -12,122,000 | -11,615,000 | -13,276,000 | -8,409,000 | -7,199,000 | -15,551,000 | -10,932,000 | -5,182,000 | -4,391,000 | -3,519,000 | -6,193,000 | -2,597,000 | -2,429,000 |
yoy | -3.42% | 83.35% | -33.63% | -57.21% | -19.80% | -15.46% | 0.56% | 31.56% | 5.24% | -37.10% | 7.63% | 88.76% | -15.80% | 79.08% | 46.33% | 25.04% | 63.15% | 21.48% | 68.38% | -25.31% | 21.44% | 62.27% | 63.95% | 341.92% | 76.52% | 99.54% | 80.77% | ||||
qoq | -16.64% | 39.96% | -17.43% | 0.25% | 58.24% | -49.33% | -46.77% | 87.91% | 66.81% | -39.73% | -30.36% | 50.31% | -0.30% | 3.13% | 22.14% | -32.95% | 112.04% | -15.73% | 4.37% | -12.51% | 57.88% | 16.81% | -53.71% | 42.25% | 110.96% | 18.01% | 24.78% | -43.18% | 138.47% | 6.92% | |
operating margin % | -13.34% | -15.41% | -11.16% | -13.96% | -14.22% | -8.30% | -17.23% | -35.02% | -19.12% | -11.19% | -19.73% | -31.64% | -22.18% | -24.19% | -24.89% | -22.21% | -36.77% | -17.89% | -23.07% | -24.00% | -31.00% | -20.10% | -18.49% | -43.41% | -35.82% | -17.76% | -16.08% | -14.06% | -27.11% | -12.20% | -12.19% |
other income | -396,000 | 647,000 | -573,000 | 128,000 | 618,000 | -484,000 | 1,170,000 | -189,000 | 280,000 | -318,500 | -623,000 | -602,000 | -49,000 | -188,500 | -239,000 | -438,000 | -77,000 | -32,250 | -35,000 | 12,000 | -106,000 | -59,250 | -33,000 | -6,000 | -198,000 | -15,250 | -23,000 | -6,000 | -32,000 | ||
interest and investment income | 1,084,000 | 1,540,500 | 2,140,000 | 2,285,000 | 1,737,000 | 698,750 | 2,054,000 | 679,000 | 62,000 | 79,000 | 83,000 | 100,000 | 133,000 | 478,750 | 107,000 | 235,000 | 1,573,000 | 885,250 | 1,032,000 | 1,332,000 | 1,177,000 | 329,000 | 460,000 | 400,000 | 456,000 | 58,500 | 106,000 | 77,000 | |||
interest expense | -539,000 | -538,000 | -724,000 | -765,000 | -769,000 | -1,187,000 | -1,312,000 | -1,307,000 | -1,300,000 | -9,942,000 | -9,792,000 | -9,655,000 | -6,560,000 | -6,107,000 | -6,062,000 | -5,998,000 | -5,922,000 | -2,492,000 | -1,697,000 | -1,654,000 | -1,635,000 | -1,610,000 | -1,592,000 | -1,572,000 | -1,572,000 | -686,000 | -2,000 | -2,000 | -1,000 | -195,000 | |
total other income | 149,000 | 1,067,000 | 13,501,000 | 1,648,000 | 1,586,000 | 25,244,000 | -2,858,000 | -817,000 | -958,000 | -1,236,000 | -10,332,000 | -10,194,000 | -9,364,000 | -6,628,000 | -6,194,000 | -6,201,000 | -4,426,000 | -3,023,000 | -700,000 | -310,000 | -564,000 | -971,000 | -1,165,000 | -1,178,000 | -1,314,000 | -470,000 | 81,000 | 69,000 | 18,000 | 20,000 | -165,000 |
income before income taxes | -14,717,000 | -16,767,000 | 759,000 | -13,783,000 | -13,806,000 | 15,517,000 | -22,055,000 | -36,883,000 | -20,151,000 | -12,742,000 | -29,423,000 | -37,608,000 | -27,602,000 | -24,921,000 | -23,932,000 | -20,724,000 | -26,086,000 | -13,238,000 | -12,822,000 | -11,925,000 | -13,840,000 | -9,380,000 | -8,364,000 | -16,729,000 | -12,246,000 | -5,652,000 | -4,310,000 | -3,450,000 | -6,175,000 | -2,577,000 | -2,594,000 |
benefit from income taxes | -5,351,000 | 644,000 | -25,000 | 701,000 | 1,078,000 | 2,234,000 | 745,000 | 3,787,000 | 5,813,000 | 335,000 | -273,000 | 1,504,000 | 701,000 | 106,000 | -99,000 | -138,000 | -294,000 | -189,000 | -96,000 | ||||||||||||
net income | -20,068,000 | -19,290,000 | 1,683,000 | -15,050,000 | -14,648,000 | 16,161,000 | -22,080,000 | -36,182,000 | -19,073,000 | -10,508,000 | -28,678,000 | -33,821,000 | -21,789,000 | -24,586,000 | -24,205,000 | -19,220,000 | -25,385,000 | -13,132,000 | -12,921,000 | -12,063,000 | -14,134,000 | -9,805,000 | -8,450,000 | -16,918,000 | -12,342,000 | -5,764,000 | -4,231,000 | -3,437,000 | -6,202,000 | -2,628,000 | -2,629,000 |
yoy | 37.00% | -219.36% | -107.62% | -58.40% | -23.20% | -253.80% | -23.01% | 6.98% | -12.47% | -57.26% | 18.48% | 75.97% | -14.17% | 87.22% | 87.33% | 59.33% | 79.60% | 33.93% | 52.91% | -28.70% | 14.52% | 70.11% | 99.72% | 392.23% | 99.00% | 119.33% | 60.94% | ||||
qoq | 4.03% | -1246.17% | -111.18% | 2.74% | -190.64% | -173.19% | -38.98% | 89.70% | 81.51% | -63.36% | -15.21% | 55.22% | -11.38% | 1.57% | 25.94% | -24.29% | 93.31% | 1.63% | 7.11% | -14.65% | 44.15% | 16.04% | -50.05% | 37.08% | 114.12% | 36.23% | 23.10% | -44.58% | 136.00% | -0.04% | |
net income margin % | -18.01% | -16.66% | 1.47% | -13.61% | -13.53% | 13.80% | -19.82% | -35.13% | -19.00% | -10.22% | -29.64% | -39.03% | -26.50% | -32.52% | -33.97% | -29.40% | -43.10% | -22.99% | -24.59% | -24.92% | -33.01% | -23.44% | -21.71% | -47.23% | -40.44% | -19.76% | -15.49% | -13.74% | -27.15% | -12.35% | -13.19% |
net income per share | |||||||||||||||||||||||||||||||
basic | -0.49 | -0.47 | 0.04 | -0.37 | -0.36 | 0.41 | -0.56 | -0.91 | -0.48 | -0.26 | -0.75 | -0.89 | -0.6 | -0.7 | -0.7 | -0.56 | -0.74 | -0.39 | -0.39 | -0.37 | -0.44 | -0.33 | -0.29 | -0.59 | -0.43 | -0.2 | -0.15 | -0.12 | -0.23 | -0.02 | -0.18 |
diluted | -0.49 | -0.44 | -0.23 | -0.37 | -0.36 | 0.19 | -0.56 | -0.91 | -0.48 | -0.26 | -0.75 | -0.89 | -0.6 | -0.7 | -0.7 | -0.56 | -0.74 | -0.39 | -0.39 | -0.37 | -0.44 | -0.33 | -0.29 | -0.59 | -0.43 | -0.2 | -0.15 | -0.12 | -0.23 | -0.02 | -0.18 |
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||
basic | 41,330,475 | 40,668,327 | 40,782,696 | 40,551,410 | 40,274,069 | 39,680,440 | 39,746,242 | 39,571,647 | 39,429,686 | 37,962,793 | 38,407,313 | 38,014,107 | 36,386,819 | 34,581,144 | 34,738,572 | 34,402,704 | 34,075,071 | 33,161,656 | 33,524,771 | 33,015,861 | 32,271,067 | 29,107,267 | 29,460,156 | 28,848,809 | 28,434,678 | 27,862,375 | 28,100,172 | 27,877,346 | 27,170,827 | 16,659,561 | 14,772,006 |
diluted | 41,330,475 | 43,622,341 | 43,844,334 | 40,551,410 | 40,274,069 | 45,583,459 | 39,746,242 | 39,571,647 | 39,429,686 | 37,962,793 | 38,407,313 | 38,014,107 | 36,386,819 | 34,581,144 | 34,738,572 | 34,402,704 | 34,075,071 | 33,161,656 | 33,524,771 | 33,015,861 | 32,271,067 | 29,107,267 | 29,460,156 | 28,848,809 | 28,434,678 | 27,862,375 | 28,100,172 | 27,877,346 | 27,170,827 | 16,659,561 | 14,772,006 |
gain on extinguishment of convertible notes, capped call modification and change in fair value | 12,658,000 | ||||||||||||||||||||||||||||||
(benefit from) benefit from income taxes | -296,250 | 924,000 | -1,267,000 | -842,000 | -425,000 | -86,000 | -112,000 | 79,000 | 13,000 | -27,000 | 18,750 | -35,000 | |||||||||||||||||||
other income, net: | |||||||||||||||||||||||||||||||
loss on extinguishment of convertible notes, capped call modification and change in fair value | -1,192,500 | -4,770,000 | |||||||||||||||||||||||||||||
loss on extinguishment of convertible notes and capped call modification | -731,250 | -37,000 | -2,888,000 | ||||||||||||||||||||||||||||
interest income | 51,000 | ||||||||||||||||||||||||||||||
other incomes | -14,000 | 30,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 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 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||
cash and cash equivalents | 121,432,000 | 122,440,000 | 97,697,000 | 218,944,000 | 220,880,000 | 198,725,000 | 486,906,000 | 474,634,000 | 492,054,000 | 488,035,000 | 546,522,000 | 559,851,000 | 734,752,000 | 467,171,000 | 468,908,000 | 483,152,000 | 498,387,000 | 531,575,000 | 194,742,000 | 235,130,000 | 235,256,000 | 59,978,000 | 76,271,000 | 102,599,000 | 103,633,000 | 102,754,000 | 23,628,000 | 32,833,000 | 39,679,000 | 60,765,000 | |
restricted cash | 2,097,000 | 2,120,000 | 2,067,000 | 2,124,000 | 2,063,000 | 2,046,000 | 1,985,000 | 2,029,000 | 2,088,000 | 3,880,000 | 4,666,000 | 4,666,000 | 4,667,000 | 4,667,000 | 4,767,000 | 4,792,000 | 4,756,000 | 4,737,000 | 1,026,000 | 94,000 | 93,000 | 90,000 | 23,000 | 297,000 | 297,000 | 294,000 | |||||
accounts receivable | 101,720,000 | 119,389,000 | 92,627,000 | 96,682,000 | 107,054,000 | 119,986,000 | 93,330,000 | 97,781,000 | 109,484,000 | 120,995,000 | 86,211,000 | 83,183,000 | 84,810,000 | 94,376,000 | 80,927,000 | 67,773,000 | 70,760,000 | 68,642,000 | 51,824,000 | 42,400,000 | 35,416,000 | 41,107,000 | 37,033,000 | 33,064,000 | 22,393,000 | 31,699,000 | 22,273,000 | 21,876,000 | 14,988,000 | 17,812,000 | 15,995,000 |
prepaid expenses | 13,826,000 | 12,880,000 | 15,192,000 | 14,071,000 | 15,789,000 | 13,133,000 | 14,064,000 | 15,948,000 | 16,512,000 | 13,740,000 | 12,520,000 | 13,301,000 | 13,479,000 | 11,774,000 | 12,049,000 | 10,519,000 | 9,949,000 | 6,675,000 | 10,347,000 | 8,358,000 | 9,123,000 | 4,890,000 | 5,353,000 | 4,949,000 | 4,214,000 | 2,563,000 | 3,564,000 | 3,056,000 | 3,083,000 | 1,770,000 | 2,559,000 |
deferred costs and other current assets | 31,365,000 | 36,604,000 | 36,112,000 | 37,165,000 | 34,139,000 | 31,866,000 | 28,023,000 | 28,159,000 | 28,277,000 | 28,469,000 | 27,448,000 | 21,348,000 | 22,004,000 | 20,464,000 | 20,286,000 | 18,381,000 | 18,468,000 | 13,501,000 | 10,548,000 | ||||||||||||
total current assets | 270,440,000 | 293,433,000 | 243,717,000 | 368,986,000 | 379,925,000 | 372,241,000 | 624,308,000 | 618,551,000 | 648,415,000 | 655,119,000 | 677,367,000 | 682,349,000 | 859,712,000 | 598,452,000 | 586,937,000 | 584,617,000 | 602,320,000 | 625,130,000 | 268,487,000 | 299,084,000 | 312,436,000 | 162,515,000 | 154,804,000 | 152,312,000 | 186,856,000 | 183,461,000 | 76,571,000 | 73,272,000 | 60,400,000 | 82,883,000 | 84,076,000 |
property and equipment | 7,369,000 | 8,305,000 | 9,218,000 | 8,658,000 | 8,388,000 | 8,993,000 | 9,387,000 | 10,688,000 | 12,521,000 | 12,185,000 | 10,772,000 | 9,567,000 | 8,501,000 | 7,774,000 | 7,254,000 | 7,214,000 | 7,107,000 | 6,284,000 | 6,029,000 | 6,034,000 | 5,977,000 | 4,650,000 | 2,918,000 | 2,722,000 | 2,481,000 | 2,796,000 | 2,844,000 | 2,924,000 | 2,687,000 | 2,923,000 | 3,128,000 |
capitalized software development costs | 31,334,000 | 31,630,000 | 30,701,000 | 29,169,000 | 28,192,000 | 27,370,000 | 27,623,000 | 25,547,000 | 24,501,000 | 22,720,000 | 19,144,000 | 18,368,000 | 16,787,000 | 16,329,000 | 15,952,000 | 15,230,000 | 14,394,000 | 14,287,000 | 14,092,000 | 13,850,000 | 13,442,000 | 12,893,000 | 12,734,000 | 11,487,000 | 10,755,000 | 10,005,000 | 9,672,000 | 9,290,000 | 8,796,000 | 8,792,000 | 8,955,000 |
goodwill | 512,545,000 | 517,184,000 | 507,420,000 | 513,138,000 | 510,962,000 | 508,781,000 | 492,366,000 | 507,818,000 | 525,264,000 | 531,163,000 | 403,626,000 | 405,223,000 | 234,779,000 | 187,411,000 | 183,548,000 | 156,114,000 | 141,727,000 | 91,421,000 | 90,706,000 | 51,466,000 | 48,395,000 | 48,382,000 | 53,132,000 | 53,048,000 | 31,077,000 | 31,328,000 | 31,343,000 | 31,052,000 | 30,932,000 | 9,676,000 | 7,839,000 |
intangible assets | 120,809,000 | 130,264,000 | 137,670,000 | 147,642,000 | 156,761,000 | 166,177,000 | 178,510,000 | 192,711,000 | 208,871,000 | 219,319,000 | 204,612,000 | 216,723,000 | 130,874,000 | 113,762,000 | 98,923,000 | 86,785,000 | 83,869,000 | 67,100,000 | 70,624,000 | 25,242,000 | 21,577,000 | 23,197,000 | 22,000,000 | 23,842,000 | 7,952,000 | 8,634,000 | 9,499,000 | 10,288,000 | 11,023,000 | 3,940,000 | 2,738,000 |
deferred costs and other assets | 44,123,000 | 43,356,000 | 42,129,000 | 42,317,000 | 39,826,000 | 39,570,000 | 31,791,000 | 31,822,000 | 36,268,000 | 35,750,000 | 36,621,000 | 37,214,000 | 32,188,000 | 31,481,000 | 31,944,000 | 30,810,000 | 31,602,000 | 27,715,000 | 26,423,000 | ||||||||||||
total assets | 988,463,000 | 1,025,885,000 | 972,779,000 | 1,112,031,000 | 1,126,311,000 | 1,125,664,000 | 1,366,342,000 | 1,389,729,000 | 1,458,298,000 | 1,479,015,000 | 1,357,481,000 | 1,375,024,000 | 1,288,203,000 | 960,944,000 | 930,553,000 | 886,496,000 | 887,079,000 | 837,296,000 | 479,708,000 | 424,579,000 | 426,623,000 | 262,180,000 | 254,588,000 | 251,445,000 | 246,846,000 | 236,413,000 | 130,119,000 | 127,058,000 | 113,959,000 | 108,322,000 | 106,791,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||
accounts payable | 8,113,000 | 15,013,000 | 13,244,000 | 9,589,000 | 9,289,000 | 10,854,000 | 12,397,000 | 11,240,000 | 9,990,000 | 16,002,000 | 7,634,000 | 10,964,000 | 8,829,000 | 9,698,000 | 10,232,000 | 10,279,000 | 6,971,000 | 7,808,000 | 8,832,000 | 5,126,000 | 5,927,000 | 2,719,000 | 4,141,000 | 4,154,000 | 3,029,000 | 2,446,000 | 3,223,000 | 3,175,000 | 2,630,000 | 2,434,000 | 2,967,000 |
accrued payroll and employee related liabilities | 30,987,000 | 32,824,000 | 25,072,000 | 24,982,000 | 29,523,000 | 31,175,000 | 28,392,000 | 28,542,000 | 34,839,000 | 36,725,000 | 28,368,000 | 26,860,000 | 25,606,000 | 27,674,000 | 28,140,000 | 23,514,000 | 26,884,000 | 22,248,000 | 19,674,000 | 14,244,000 | 18,313,000 | 17,108,000 | 14,531,000 | 12,727,000 | 15,513,000 | 11,111,000 | 9,778,000 | 8,015,000 | 8,403,000 | 7,456,000 | 7,620,000 |
accrued expenses | 18,003,000 | 36,346,000 | 16,744,000 | 9,712,000 | 12,778,000 | 13,566,000 | 11,946,000 | 14,761,000 | 16,509,000 | 13,884,000 | 11,866,000 | 10,235,000 | 12,047,000 | 7,246,000 | 6,188,000 | 5,649,000 | 7,648,000 | 4,496,000 | 5,481,000 | 4,892,000 | 4,500,000 | 5,565,000 | 3,090,000 | 4,277,000 | 3,209,000 | 1,825,000 | 2,003,000 | 2,502,000 | 2,438,000 | 1,957,000 | 2,348,000 |
deferred revenue | 248,511,000 | 242,789,000 | 223,529,000 | 229,173,000 | 238,135,000 | 233,106,000 | 220,488,000 | 221,782,000 | 235,726,000 | 223,579,000 | 202,800,000 | 196,481,000 | 178,822,000 | 165,389,000 | 144,341,000 | 134,409,000 | 141,858,000 | 129,995,000 | 112,058,000 | 95,046,000 | 95,325,000 | 92,738,000 | 82,263,000 | 79,417,000 | 68,514,000 | 70,090,000 | 63,040,000 | 58,039,000 | 54,496,000 | 51,388,000 | 47,556,000 |
convertible senior notes, current | 63,201,000 | 63,110,000 | |||||||||||||||||||||||||||||
other current liabilities | 7,687,000 | 8,918,000 | 6,594,000 | 8,793,000 | 9,640,000 | 10,644,000 | 10,342,000 | 13,442,000 | 14,281,000 | 14,073,000 | 11,120,000 | 14,376,000 | 14,698,000 | 15,602,000 | 10,366,000 | 7,388,000 | 6,667,000 | 4,819,000 | 6,482,000 | 5,443,000 | 4,829,000 | 1,490,000 | 1,242,000 | 791,000 | 1,331,000 | 808,000 | 614,000 | 489,000 | 613,000 | 548,000 | 553,000 |
total current liabilities | 376,502,000 | 399,000,000 | 285,353,000 | 282,249,000 | 299,365,000 | 301,407,000 | 283,573,000 | 289,775,000 | 311,353,000 | 304,330,000 | 261,788,000 | 277,691,000 | 259,333,000 | 236,228,000 | 207,263,000 | 185,531,000 | 192,558,000 | 169,366,000 | 152,527,000 | 124,751,000 | 129,261,000 | 120,047,000 | 105,699,000 | 101,806,000 | 92,270,000 | 86,962,000 | 80,363,000 | 77,660,000 | 73,997,000 | 63,783,000 | 61,044,000 |
long-term liabilities: | |||||||||||||||||||||||||||||||
deferred revenue, noncurrent | 5,627,000 | 6,429,000 | 7,226,000 | 8,333,000 | 8,684,000 | 9,278,000 | 12,550,000 | 11,452,000 | 10,083,000 | 14,261,000 | 11,271,000 | 13,509,000 | 5,637,000 | 4,738,000 | 4,789,000 | 4,346,000 | 3,673,000 | 3,471,000 | 4,371,000 | 2,993,000 | 3,078,000 | 2,898,000 | 6,376,000 | 3,046,000 | 2,486,000 | 2,982,000 | 1,455,000 | 1,523,000 | 1,382,000 | 1,246,000 | 1,516,000 |
convertible senior notes, noncurrent | 296,989,000 | 296,561,000 | |||||||||||||||||||||||||||||
deferred tax liabilities | 4,882,000 | 4,318,000 | 5,048,000 | 5,429,000 | 5,714,000 | 6,236,000 | 4,060,000 | 3,798,000 | 5,070,000 | 16,082,000 | 12,531,000 | 14,022,000 | 13,608,000 | 10,065,000 | 10,343,000 | 4,720,000 | 5,472,000 | 2,002,000 | 1,197,000 | 1,105,000 | 1,057,000 | 1,032,000 | 885,000 | 922,000 | 512,000 | 482,000 | 594,000 | 574,000 | 501,000 | 494,000 | 94,000 |
other long-term liabilities | 16,307,000 | 17,805,000 | 18,577,000 | 18,772,000 | 8,946,000 | 10,558,000 | 14,363,000 | 16,926,000 | 17,940,000 | 14,880,000 | 16,266,000 | 16,522,000 | 16,150,000 | ||||||||||||||||||
total liabilities | 700,307,000 | 723,576,000 | 674,585,000 | 816,324,000 | 833,548,000 | 836,553,000 | 1,121,152,000 | 1,126,438,000 | 1,150,559,000 | 1,016,326,000 | 958,699,000 | 969,695,000 | 931,623,000 | 708,639,000 | 684,576,000 | 652,350,000 | 653,571,000 | 616,984,000 | 268,610,000 | 239,039,000 | 242,193,000 | 220,022,000 | 206,865,000 | 198,608,000 | 186,348,000 | 180,422,000 | 82,945,000 | 80,311,000 | 75,934,000 | 65,970,000 | 62,760,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2024 and december 31, 2023, respectively | |||||||||||||||||||||||||||||||
common stock, 0.001 par value... | 42,000 | 41,000 | 41,000 | 41,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 39,000 | 39,000 | 38,000 | 38,000 | 35,000 | 35,000 | 34,000 | 34,000 | 34,000 | 34,000 | 33,000 | 33,000 | 30,000 | 29,000 | 29,000 | 29,000 | 28,000 | 28,000 | 28,000 | 27,000 | 27,000 | 27,000 |
additional paid-in capital | 783,732,000 | 771,779,000 | 761,279,000 | 752,699,000 | 737,017,000 | 721,143,000 | 714,761,000 | 690,903,000 | 675,984,000 | 853,664,000 | 777,998,000 | 752,773,000 | 671,434,000 | 542,776,000 | 521,141,000 | 488,561,000 | 471,046,000 | 425,945,000 | 404,676,000 | 364,149,000 | 351,247,000 | 194,866,000 | 187,909,000 | 184,654,000 | 173,013,000 | 164,995,000 | 150,614,000 | 146,153,000 | 134,080,000 | 132,246,000 | 131,307,000 |
accumulated deficit | -469,497,000 | -449,429,000 | -430,139,000 | -431,822,000 | -416,772,000 | -402,124,000 | -418,285,000 | -396,205,000 | -360,023,000 | -388,112,000 | -377,604,000 | -348,926,000 | -315,105,000 | -293,316,000 | -268,730,000 | -244,525,000 | -225,305,000 | -199,920,000 | -186,788,000 | -173,867,000 | -161,804,000 | -147,670,000 | -137,865,000 | -129,415,000 | -112,497,000 | -109,252,000 | -103,488,000 | -99,257,000 | -95,820,000 | -89,618,000 | -86,990,000 |
accumulated other comprehensive loss | -26,121,000 | -20,082,000 | -32,987,000 | -25,211,000 | -27,522,000 | -29,948,000 | -51,326,000 | -31,447,000 | -8,262,000 | -6,469,000 | -9,924,000 | -12,267,000 | -5,747,000 | -6,824,000 | -4,775,000 | -5,046,000 | 220,000 | -177,000 | -262,000 | -303,000 | -313,000 | ||||||||||
total stockholders’ equity | 288,156,000 | 302,309,000 | 298,194,000 | 295,707,000 | 292,763,000 | 289,111,000 | 245,190,000 | 263,291,000 | 307,739,000 | 462,689,000 | 398,782,000 | 405,329,000 | 356,580,000 | 252,305,000 | 245,977,000 | 234,146,000 | 233,508,000 | 220,312,000 | 211,098,000 | 185,540,000 | 184,430,000 | 42,158,000 | 47,723,000 | 52,837,000 | 60,498,000 | 55,991,000 | 47,174,000 | 46,747,000 | 38,025,000 | 42,352,000 | 44,031,000 |
total liabilities and stockholders’ equity | 988,463,000 | 1,025,885,000 | 972,779,000 | 1,112,031,000 | 1,126,311,000 | 1,125,664,000 | 1,366,342,000 | 1,389,729,000 | 1,458,298,000 | 1,479,015,000 | 1,357,481,000 | 1,375,024,000 | 1,288,203,000 | 960,944,000 | 930,553,000 | 886,496,000 | 887,079,000 | 837,296,000 | 479,708,000 | 424,579,000 | 426,623,000 | 262,180,000 | 254,588,000 | 251,445,000 | 246,846,000 | 236,413,000 | 130,119,000 | 127,058,000 | 113,959,000 | 108,322,000 | 106,791,000 |
assets held for sale | 22,000 | 6,485,000 | |||||||||||||||||||||||||||||
liabilities held for sale | 170,000 | 2,062,000 | |||||||||||||||||||||||||||||
other long term liabilities | 17,268,000 | 19,334,000 | 15,958,000 | 16,094,000 | 11,863,000 | 12,751,000 | 13,669,000 | 13,499,000 | 1,948,000 | 989,000 | 1,079,000 | 465,000 | 515,000 | 533,000 | 554,000 | 54,000 | 447,000 | 106,000 | |||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of december 31, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||
convertible senior notes | 359,153,000 | 501,736,000 | 501,013,000 | 8,000 | 8,000 | 8,000 | 8,000 | 656,183,000 | 646,533,000 | 638,165,000 | 441,514,000 | 445,915,000 | 441,231,000 | 435,718,000 | 430,282,000 | 97,764,000 | 96,521,000 | 95,298,000 | 94,097,000 | 92,916,000 | 91,755,000 | 90,615,000 | 89,481,000 | ||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of june 30, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||
contingent consideration liabilities | 59,000 | 18,775,000 | 19,331,000 | 10,619,000 | 7,996,000 | 682,000 | |||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of december 31, 2022 and december 31, 2021, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2022 and december 31, 2021, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of june 30, 2022 and december 31, 2021, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2022 and december 31, 2021, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of december 31, 2021 and december 31, 2020, respectively | |||||||||||||||||||||||||||||||
accumulated other comprehensive income | -2,902,000 | -1,651,000 | 1,444,000 | 213,000 | 2,810,000 | -5,068,000 | -2,350,000 | -2,431,000 | -47,000 | 20,000 | |||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2021 and december 31, 2020, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of june 30, 2021 and december 31, 2020, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2021 and december 31, 2020, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of december 31, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||
contingent liabilities | 4,292,000 | 2,530,000 | 674,000 | 1,705,000 | 5,440,000 | 5,417,000 | |||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of june 30, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||
short-term investments | 3,496,000 | 22,955,000 | 26,856,000 | 3,423,000 | 48,499,000 | 24,029,000 | 12,435,000 | ||||||||||||||||||||||||
deferred tax assets | 83,000 | ||||||||||||||||||||||||||||||
note payable | 367,000 | 432,000 | 440,000 | ||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of december 31, 2019 and december 31, 2018, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2019 and december 31, 2018, respectively | |||||||||||||||||||||||||||||||
deferred costs | 6,867,000 | 6,822,000 | 6,503,000 | 5,842,000 | 5,419,000 | 5,038,000 | |||||||||||||||||||||||||
other current assets | 2,739,000 | 2,771,000 | 4,406,000 | 3,426,000 | 2,858,000 | 3,079,000 | 3,240,000 | 2,780,000 | 2,778,000 | 2,650,000 | 2,536,000 | 3,226,000 | |||||||||||||||||||
other assets | 15,180,000 | 14,221,000 | 195,000 | 253,000 | 242,000 | 247,000 | 189,000 | 190,000 | 232,000 | 121,000 | 108,000 | 55,000 | |||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of june 30, 2019 and december 31, 2018, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2019 and december 31, 2018, respectively | |||||||||||||||||||||||||||||||
investments | 45,541,000 | 42,908,000 | |||||||||||||||||||||||||||||
notes payable | 427,000 | ||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of december 31, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of june 30, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of december 31, 2017 and december 31, 2016, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2017 and december 31, 2016, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of june 30, 2017 and december 31, 2016, respectively | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of march 31, 2017 and december 31, 2016, respectively | |||||||||||||||||||||||||||||||
term loan | |||||||||||||||||||||||||||||||
line of credit | |||||||||||||||||||||||||||||||
term loan, net of current portion | |||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||
series a preferred stock, 0.001 par value... | |||||||||||||||||||||||||||||||
series a-1 preferred stock, 0.001 par value... | |||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | |||||||||||||||||||||||||||||||
class a common stock, 0.001 par value... | |||||||||||||||||||||||||||||||
cash | 62,296,000 | ||||||||||||||||||||||||||||||
stockholders' equity | |||||||||||||||||||||||||||||||
preferred stock, par value 0.001, 10,000,000 shares authorized, no shares issued or outstanding as of september 30, 2016; no shares authorized, issued or outstanding as of december 31, 2015 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 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 | 2017-06-30 | 2017-03-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||
net income | -20,068,000 | -19,290,000 | 1,683,000 | -15,050,000 | -14,648,000 | 16,161,000 | -22,080,000 | -36,182,000 | -19,073,000 | -10,508,000 | -28,678,000 | -33,821,000 | -21,789,000 | -24,586,000 | -24,205,000 | -19,220,000 | -25,385,000 | -13,132,000 | -12,921,000 | -12,063,000 | -14,134,000 | -9,805,000 | -8,450,000 | -16,918,000 | -12,342,000 | -5,764,000 | -4,231,000 | -3,437,000 | -6,202,000 | -2,628,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||
depreciation and amortization | 14,447,000 | 14,527,000 | 14,630,000 | 14,884,000 | 14,774,000 | 15,347,000 | 14,562,000 | 15,257,000 | 15,434,000 | 15,088,000 | 14,226,000 | 13,011,000 | 10,843,000 | 8,643,000 | 8,140,000 | 7,320,000 | 6,656,000 | 6,479,000 | 5,492,000 | 3,995,000 | 3,705,000 | 3,521,000 | 3,844,000 | 3,690,000 | 2,638,000 | 2,561,000 | 2,418,000 | 2,295,000 | 2,933,000 | 2,067,000 |
amortization of deferred costs | 4,860,000 | 5,090,000 | 4,986,000 | 4,978,000 | 4,514,000 | 4,886,000 | 4,625,000 | 4,777,000 | 3,963,000 | 3,975,000 | 3,214,000 | 3,462,000 | 3,722,000 | 3,457,000 | 3,417,000 | 2,813,000 | 2,922,000 | 2,496,000 | 1,879,000 | 2,009,000 | 1,598,000 | 1,415,000 | 1,280,000 | 1,233,000 | ||||||
deferred income taxes | -35,000 | -875,000 | -332,000 | -204,000 | -501,000 | 1,949,000 | 436,000 | -1,015,000 | -6,553,000 | -1,740,000 | -1,454,000 | -3,077,000 | -6,701,000 | -1,168,000 | 704,000 | -1,768,000 | -1,246,000 | 42,000 | 41,000 | 24,000 | 0 | 67,000 | 34,000 | -109,000 | 21,000 | 86,000 | ||||
accretion of interest on convertible senior notes | 519,000 | 518,000 | 684,000 | 723,000 | 715,000 | 1,069,000 | 1,168,000 | 1,166,000 | 1,158,000 | 9,801,000 | 5,578,000 | 5,513,000 | 5,436,000 | 1,243,000 | 1,223,000 | 1,201,000 | 1,161,000 | 1,140,000 | 1,134,000 | |||||||||||
(gain) loss on disposal of assets | 1,000 | -356,000 | 0 | |||||||||||||||||||||||||||
benefit from credit losses and sales reserve | 441,000 | -202,000 | -123,000 | 691,000 | 1,635,000 | 1,122,000 | -990,000 | 65,000 | 213,000 | 2,071,000 | 774,000 | 343,000 | 1,562,000 | 1,629,000 | 55,000 | 462,000 | 925,000 | |||||||||||||
stock-based compensation | 11,412,000 | 10,712,000 | 8,598,000 | 16,130,000 | 13,449,000 | 7,918,000 | 17,407,000 | 16,211,000 | 6,084,000 | -1,536,000 | 17,441,000 | 15,505,000 | 12,685,000 | 11,816,000 | 13,351,000 | 11,278,000 | 10,310,000 | 9,395,000 | 8,301,000 | 8,008,000 | 7,785,000 | 5,582,000 | 3,495,000 | 9,926,000 | 6,586,000 | 4,380,000 | 2,794,000 | 1,089,000 | 955,000 | 929,000 |
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||
accounts receivable | 17,853,000 | -26,503,000 | 4,362,000 | 9,083,000 | 11,994,000 | -29,608,000 | 5,729,000 | 11,611,000 | 11,420,000 | -34,207,000 | -3,292,000 | 7,830,000 | 11,482,000 | -14,685,000 | -11,270,000 | 2,896,000 | 445,000 | -17,153,000 | -7,018,000 | -6,930,000 | 5,543,000 | -4,147,000 | -4,103,000 | -3,968,000 | 9,595,000 | -9,476,000 | -618,000 | -7,250,000 | 4,277,000 | -1,904,000 |
prepaid expenses | -1,097,000 | 2,551,000 | -955,000 | 1,853,000 | -2,465,000 | 543,000 | 2,085,000 | 379,000 | -2,447,000 | -571,000 | 1,015,000 | 299,000 | -1,221,000 | 769,000 | -1,487,000 | -208,000 | -3,057,000 | 1,663,000 | -1,683,000 | 772,000 | -4,233,000 | 487,000 | -428,000 | -360,000 | -1,651,000 | 1,001,000 | -508,000 | 27,000 | -1,071,000 | 840,000 |
deferred costs | -4,621,000 | -9,747,000 | -5,567,000 | -7,339,000 | -5,909,000 | -6,906,000 | -5,627,000 | -4,309,000 | -6,221,000 | -5,406,000 | -3,280,000 | -4,657,000 | -3,450,000 | -6,902,000 | -5,057,000 | -2,223,000 | -4,720,000 | -6,855,000 | -4,040,000 | -2,171,000 | -2,227,000 | -1,294,000 | -2,793,000 | -1,975,000 | -2,223,000 | |||||
other assets | 3,000,000 | 3,027,000 | 1,749,000 | -3,232,000 | -597,000 | -11,118,000 | 1,368,000 | 4,404,000 | 1,819,000 | 5,353,000 | -5,675,000 | 1,918,000 | -2,768,000 | 3,394,000 | 181,000 | 640,000 | -4,069,000 | 834,000 | 841,000 | -2,070,000 | 2,153,000 | -2,430,000 | -579,000 | 1,013,000 | -2,018,000 | 195,000 | -1,009,000 | -309,000 | 338,000 | 647,000 |
accounts payable | -6,539,000 | 2,251,000 | 2,870,000 | 798,000 | -1,732,000 | -1,683,000 | 1,015,000 | 1,937,000 | -6,124,000 | 7,307,000 | -3,475,000 | 851,000 | -911,000 | -739,000 | 122,000 | 3,236,000 | -1,072,000 | -2,006,000 | 3,649,000 | -443,000 | 4,112,000 | -1,150,000 | -206,000 | -609,000 | 702,000 | -910,000 | 1,250,000 | -426,000 | -4,000 | -674,000 |
accrued payroll and employee related liabilities | -1,837,000 | 7,752,000 | 90,000 | -4,541,000 | -1,652,000 | 2,783,000 | 1,052,000 | -6,109,000 | -1,862,000 | 6,499,000 | 1,508,000 | -3,190,000 | -2,130,000 | -466,000 | 4,299,000 | -3,555,000 | 3,221,000 | 2,574,000 | 4,838,000 | -4,069,000 | 1,205,000 | 2,577,000 | 1,804,000 | -4,097,000 | 4,402,000 | 1,333,000 | 1,763,000 | -388,000 | 888,000 | -246,000 |
accrued expenses | -18,343,000 | 19,602,000 | 6,651,000 | -3,715,000 | -797,000 | 1,629,000 | -2,474,000 | -1,409,000 | 3,246,000 | 252,000 | 1,865,000 | -2,041,000 | 3,012,000 | 1,058,000 | 592,000 | -2,325,000 | 1,732,000 | -1,012,000 | 423,000 | 346,000 | -1,065,000 | 919,000 | -1,187,000 | -818,000 | 1,384,000 | -78,000 | -347,000 | 199,000 | 94,000 | 234,000 |
deferred revenue | 4,316,000 | 18,763,000 | -6,712,000 | -8,762,000 | 3,589,000 | 13,424,000 | -152,000 | -12,562,000 | 8,036,000 | 22,851,000 | 3,924,000 | -8,553,000 | 8,373,000 | 23,857,000 | 3,829,000 | -7,840,000 | 5,118,000 | 17,331,000 | 10,850,000 | -1,244,000 | 2,767,000 | 5,927,000 | 6,176,000 | 3,133,000 | -2,072,000 | 8,577,000 | 4,933,000 | 3,684,000 | -816,000 | 3,377,000 |
other liabilities | -2,167,000 | 1,801,000 | -2,947,000 | -927,000 | -1,442,000 | 11,064,000 | -4,865,000 | -5,074,000 | -1,339,000 | 1,424,000 | -798,000 | -2,677,000 | -1,955,000 | 4,962,000 | -239,000 | -889,000 | 3,585,000 | -1,985,000 | 121,000 | 234,000 | 277,000 | 1,231,000 | 445,000 | -361,000 | 373,000 | -618,000 | 104,000 | 376,000 | -13,000 | -52,000 |
net cash from operating activities | 2,142,000 | 29,621,000 | 17,009,000 | 5,370,000 | 20,575,000 | 4,354,000 | 18,035,000 | -9,924,000 | 7,702,000 | 10,212,000 | -2,690,000 | -5,137,000 | 19,808,000 | 19,399,000 | -527,000 | -3,870,000 | 801,000 | 1,463,000 | 12,343,000 | -12,176,000 | 8,687,000 | 4,071,000 | 676,000 | -8,960,000 | 7,508,000 | 484,000 | 6,738,000 | -3,818,000 | 1,459,000 | 2,968,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||
capital expenditures | -247,000 | -1,093,000 | -1,945,000 | -1,604,000 | -575,000 | -511,000 | -225,000 | -879,000 | -1,847,000 | -885,000 | -2,042,000 | -316,000 | -1,812,000 | -1,135,000 | -947,000 | -651,000 | -524,000 | -852,000 | -542,000 | -1,102,000 | -2,773,000 | -866,000 | -441,000 | -161,000 | -253,000 | -330,000 | -832,000 | -282,000 | -223,000 | -231,000 |
free cash flows | 1,895,000 | 28,528,000 | 15,064,000 | 3,766,000 | 20,000,000 | 3,843,000 | 17,810,000 | -10,803,000 | 5,855,000 | 9,327,000 | -4,732,000 | -5,453,000 | 17,996,000 | 18,264,000 | -1,474,000 | -4,521,000 | 277,000 | 611,000 | 11,801,000 | -13,278,000 | 5,914,000 | 3,205,000 | 235,000 | -9,121,000 | 7,255,000 | 154,000 | 5,906,000 | -4,100,000 | 1,236,000 | 2,737,000 |
proceeds from landlord reimbursement | 2,006,000 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||
proceeds from sale of assets | 13,000 | 0 | 0 | 79,000 | 4,289,000 | |||||||||||||||||||||||||
additions to capitalized software development costs | -3,958,000 | -3,836,000 | -4,835,000 | -3,757,000 | -4,112,000 | -3,456,000 | -4,173,000 | -3,106,000 | -4,330,000 | -5,818,000 | -2,797,000 | -3,587,000 | -2,495,000 | -2,355,000 | -2,623,000 | -2,669,000 | -2,004,000 | -1,952,000 | -1,918,000 | -1,931,000 | -2,018,000 | -1,777,000 | -2,684,000 | -2,039,000 | -1,999,000 | -1,574,000 | -1,542,000 | -1,557,000 | -1,487,000 | -1,200,000 |
net cash from investing activities | -2,186,000 | -4,929,000 | -6,692,000 | -5,282,000 | -398,000 | -4,303,000 | -4,381,000 | -3,985,000 | -6,224,000 | -69,108,000 | -6,852,000 | -169,168,000 | -36,708,000 | -21,010,000 | -14,062,000 | -12,644,000 | -37,469,000 | -2,804,000 | -50,615,000 | 10,861,000 | 17,984,000 | -21,155,000 | -26,494,000 | 7,364,000 | -8,128,000 | -20,653,000 | -13,503,000 | -14,165,000 | -22,945,000 | -3,987,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||
payments associated with shares withheld to settle employee tax withholding liability | -2,164,000 | -1,667,000 | -2,529,000 | -1,823,000 | -1,866,000 | |||||||||||||||||||||||||
proceeds from employee stock purchase plan | 1,853,000 | 0 | 1,745,000 | 0 | 2,546,000 | 0 | 1,463,000 | 0 | 1,702,000 | 0 | 2,136,000 | 0 | 2,451,000 | 0 | 1,679,000 | 0 | 1,710,000 | 0 | 1,054,000 | 0 | 1,283,000 | 65,000 | 877,000 | 0 | 881,000 | 0 | 686,000 | 0 | 854,000 | |
proceeds from stock option exercises | 53,000 | 25,000 | 12,000 | 1,263,000 | 17,000 | 65,000 | 17,000 | 784,000 | 559,000 | 1,604,000 | 2,179,000 | 1,596,000 | 2,989,000 | 2,335,000 | 4,741,000 | 8,746,000 | 2,986,000 | 4,369,000 | 1,466,000 | |||||||||||
other | -18,000 | -20,000 | -19,000 | -19,000 | -19,000 | -19,000 | -17,000 | -19,000 | -19,000 | 0 | 400,000 | -531,000 | 0 | |||||||||||||||||
net cash from financing activities | -276,000 | -1,635,000 | -130,357,000 | -1,830,000 | 1,924,000 | -289,521,000 | -450,000 | -1,678,000 | 1,129,000 | -3,520,000 | -3,425,000 | -1,503,000 | 284,792,000 | -699,000 | 516,000 | 1,069,000 | 4,168,000 | 341,911,000 | -693,000 | 4,245,000 | 148,638,000 | 1,076,000 | -406,000 | 1,188,000 | 1,241,000 | 99,066,000 | -2,275,000 | 11,116,000 | 568,000 | -586,000 |
effect of exchange rates on cash, cash equivalents and restricted cash | -732,000 | 1,767,000 | -1,295,000 | -134,000 | 63,000 | 1,391,000 | -1,010,000 | -1,943,000 | -356,000 | 208,000 | -369,000 | 903,000 | -315,000 | 707,000 | 8,000 | 247,000 | -666,000 | -23,000 | -175,000 | -24,000 | -28,000 | |||||||||
net increase in cash, cash equivalents and restricted cash | -1,052,000 | -1,876,000 | 22,164,000 | -288,079,000 | 12,194,000 | -17,530,000 | 2,251,000 | -62,208,000 | -13,336,000 | -174,905,000 | 267,577,000 | -1,603,000 | -14,065,000 | -15,198,000 | -33,166,000 | 340,547,000 | -39,140,000 | 2,906,000 | 175,281,000 | 582,000 | ||||||||||
cash, cash equivalents and restricted cash—beginning of period | 125,371,000 | 0 | 0 | 201,594,000 | 0 | 0 | 492,758,000 | 0 | 0 | 475,630,000 | 0 | 0 | 539,662,000 | 0 | 0 | 60,068,000 | 0 | 0 | 103,051,000 | |||||||||||
cash, cash equivalents and restricted cash—end of period | 124,319,000 | -121,335,000 | -1,876,000 | 223,758,000 | 12,194,000 | -17,530,000 | 495,009,000 | -13,336,000 | -174,905,000 | 743,207,000 | -14,065,000 | -15,198,000 | 506,496,000 | -39,140,000 | 2,906,000 | 235,349,000 | -26,305,000 | -1,034,000 | 103,633,000 | |||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||||||||||||
interest | 40,000 | 1,052,000 | 275,000 | 0 | 284,000 | 0 | 292,000 | 318,000 | 964,000 | 0 | 903,000 | 0 | 863,000 | 0 | 7,000 | |||||||||||||||
taxes, net of refunds received | 589,000 | 942,000 | 1,579,000 | 2,750,000 | 617,000 | 171,000 | 366,000 | 844,000 | 335,000 | -21,000 | 629,000 | 261,000 | 674,000 | 129,000 | 101,000 | 292,000 | 184,000 | 2,000 | 39,000 | 2,000 | 22,000 | 6,000 | -3,000 | |||||||
supplemental disclosure of non-cash activities: | ||||||||||||||||||||||||||||||
capitalized assets included in accounts payable and accrued expenses | 120,000 | -586,000 | -24,000 | 151,000 | 660,000 | 1,195,000 | 205,000 | -287,000 | 147,000 | 226,000 | 14,000 | -95,000 | -472,000 | 689,000 | 1,331,000 | 193,000 | 47,000 | 38,000 | 49,000 | -1,311,000 | 1,140,000 | 195,000 | -28,000 | |||||||
stock-based compensation capitalized for software development | 799,000 | 1,402,000 | 737,000 | 1,267,000 | 376,000 | 94,000 | 58,000 | 80,000 | 82,000 | 274,000 | 64,000 | -14,000 | 46,000 | 96,000 | 108,000 | 47,000 | 9,000 | 12,000 | 13,000 | 7,000 | ||||||||||
gain on extinguishment of debt, capped call modification and change in fair value | ||||||||||||||||||||||||||||||
change in fair value of contingent consideration obligation | 0 | 0 | 2,165,000 | |||||||||||||||||||||||||||
payment of contingent consideration in excess of acquisition date fair value | 0 | |||||||||||||||||||||||||||||
other non-cash adjustments | -352,000 | -5,000 | -52,000 | -335,000 | 45,000 | 115,000 | -147,000 | 115,000 | -85,000 | |||||||||||||||||||||
change in operating assets and liabilities: | ||||||||||||||||||||||||||||||
payments for acquisition of business, net of acquired cash | -62,405,000 | -2,013,000 | -165,265,000 | -32,401,000 | -381,000 | -10,492,000 | -9,324,000 | -34,941,000 | 0 | -51,655,000 | 0 | 0 | 0 | 0 | 0 | -21,235,000 | ||||||||||||||
proceeds from issuance of convertible notes | 0 | 0 | 0 | 375,000,000 | ||||||||||||||||||||||||||
payments of debt issuance costs | 0 | -249,000 | -829,000 | -9,562,000 | 0 | 0 | 0 | -84,000 | -3,794,000 | |||||||||||||||||||||
purchase of convertible notes capped call hedge | 0 | 0 | 0 | -35,100,000 | ||||||||||||||||||||||||||
repurchase of convertible notes | 0 | -2,000 | 0 | 0 | -58,641,000 | |||||||||||||||||||||||||
proceeds from termination of convertible notes capped call hedge | 0 | 0 | 0 | 10,650,000 | ||||||||||||||||||||||||||
payments of contingent consideration obligation | ||||||||||||||||||||||||||||||
proceeds from option exercises | 782,000 | 972,000 | 1,103,000 | 12,000 | 2,000 | |||||||||||||||||||||||||
cash, cash equivalents and restricted cash—beginning of year | ||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash—end of year | ||||||||||||||||||||||||||||||
cash paid during the year for: | ||||||||||||||||||||||||||||||
supplemental disclosure of non-cash activities | ||||||||||||||||||||||||||||||
common stock issued in connection with acquisitions | 80,254,000 | 1,773,000 | 64,482,000 | 23,032,000 | 0 | 17,685,000 | 5,074,000 | 30,434,000 | ||||||||||||||||||||||
contingent consideration in connection with acquisitions | 60,000 | 0 | 0 | 9,135,000 | 0 | 2,047,000 | 1,690,000 | 2,530,000 | ||||||||||||||||||||||
common stock issued in connection with contingent consideration payment | 0 | |||||||||||||||||||||||||||||
purchase accounting payable | -634,000 | 155,000 | 464,000 | |||||||||||||||||||||||||||
common stock issued in connection with settlement of convertible notes | 283,000 | 0 | 1,176,000 | 15,650,000 | 10,437,000 | |||||||||||||||||||||||||
modification of 2022 notes capped call options and resulting reclassification from equity to derivative asset | 0 | |||||||||||||||||||||||||||||
common stock received in connection with settlement of capped call options | ||||||||||||||||||||||||||||||
purchased intangible asset decrease | ||||||||||||||||||||||||||||||
capitalized development costs included in accounts payable and accrued expenses | 105,000 | -10,000 | 13,000 | 64,000 | -7,000 | -2,000 | 16,000 | |||||||||||||||||||||||
treasury stock retired | ||||||||||||||||||||||||||||||
other non-cash activities | -199,000 | 145,000 | 120,000 | 100,000 | ||||||||||||||||||||||||||
(gain) loss on extinguishment of convertible notes, capped call modification and change in fair value | ||||||||||||||||||||||||||||||
payment for acquisition of business, net of acquired cash | -1,202,000 | 0 | -47,000 | |||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -26,305,000 | |||||||||||||||||||||||||||||
(gain) loss on extinguishment of debt, capped call modification and change in fair value | ||||||||||||||||||||||||||||||
purchase of intangibles | ||||||||||||||||||||||||||||||
deferred consideration in connection with acquisition | ||||||||||||||||||||||||||||||
loss on disposal of assets | 0 | 28,000 | 0 | 84,000 | 0 | 0 | ||||||||||||||||||||||||
loss on extinguishment of convertible notes, capped call modification and change in fair value | ||||||||||||||||||||||||||||||
payment of contingent consideration | 0 | |||||||||||||||||||||||||||||
stock award shares withheld to settle employee tax withholding liability | -1,913,000 | -1,724,000 | -571,000 | |||||||||||||||||||||||||||
common stock issued in connection with acquisition | -40,000 | |||||||||||||||||||||||||||||
contingent consideration in connection with acquisition | ||||||||||||||||||||||||||||||
stock-based compensation capitalized for software development costs | 810,000 | 635,000 | 230,000 | 191,000 | 130,000 | 85,000 | ||||||||||||||||||||||||
loss on extinguishment of convertible notes and capped call modification | 0 | 37,000 | 2,888,000 | |||||||||||||||||||||||||||
debt issuance costs included in accrued expenses | -828,000 | 1,078,000 | ||||||||||||||||||||||||||||
(gain) loss on extinguishment of debt and capped call modification | ||||||||||||||||||||||||||||||
purchase of short-term investments | 0 | 0 | 0 | -1,975,000 | -29,495,000 | -26,777,000 | 0 | -30,932,000 | -30,809,000 | -17,528,000 | ||||||||||||||||||||
maturities of short-term investments | 0 | 3,500,000 | 19,515,000 | 24,750,000 | 11,000,000 | 3,424,000 | 45,145,000 | 25,500,000 | 12,060,000 | |||||||||||||||||||||
proceeds from public offering, net of costs | 0 | 0 | -5,000 | 139,115,000 | ||||||||||||||||||||||||||
shares withheld to settle employee tax withholding liability | ||||||||||||||||||||||||||||||
restricted stock units withheld to settle employee tax withholding liability | -3,556,000 | -1,233,000 | -1,610,000 | -2,095,000 | -3,342,000 | -71,000 | -4,082,000 | -116,000 | -333,000 | -4,000 | -4,149,000 | -2,750,000 | -1,022,000 | |||||||||||||||||
accretion of interest on debt | 9,508,000 | 6,313,000 | ||||||||||||||||||||||||||||
common stock issued in connection with contingent consideration | ||||||||||||||||||||||||||||||
loss on extinguishment of convertible notes | ||||||||||||||||||||||||||||||
acquisition-related deferred consideration | ||||||||||||||||||||||||||||||
acquisition-related deferred common stock consideration | ||||||||||||||||||||||||||||||
benefit from doubtful accounts and sales return reserve | ||||||||||||||||||||||||||||||
proceeds from sale leaseback transaction | 0 | 399,000 | ||||||||||||||||||||||||||||
debt issuance costs included in accounts payable and other assets | ||||||||||||||||||||||||||||||
deferred offering costs in accounts payable and accrued expenses | -322,000 | 465,000 | -587,000 | |||||||||||||||||||||||||||
note payable issued for asset acquisition | 0 | |||||||||||||||||||||||||||||
note payable issued for business acquisition | ||||||||||||||||||||||||||||||
benefit from doubtful accounts and sales reserve | 253,000 | 241,000 | 148,000 | 134,000 | 216,000 | -192,000 | 219,000 | 289,000 | 80,000 | |||||||||||||||||||||
additions to intangibles | -16,000 | -32,000 | -136,000 | |||||||||||||||||||||||||||
non-cash investment income | -56,000 | -189,000 | -190,000 | -80,000 | -69,000 | -159,000 | -130,000 | -66,000 | ||||||||||||||||||||||
change in fair value of contingent consideration | 0 | |||||||||||||||||||||||||||||
payment on note payable | ||||||||||||||||||||||||||||||
payments on finance lease obligation | ||||||||||||||||||||||||||||||
purchase of cost investment | -308,000 | |||||||||||||||||||||||||||||
payments on note payable | -52,000 | |||||||||||||||||||||||||||||
payments on finance lease obligations | -121,000 | |||||||||||||||||||||||||||||
amortization of deferred commissions | ||||||||||||||||||||||||||||||
non-cash interest expense on line of credit and term loan | 0 | |||||||||||||||||||||||||||||
increase in operating assets and liabilities: | ||||||||||||||||||||||||||||||
proceeds from line of credit | 0 | |||||||||||||||||||||||||||||
payments on line of credit | 0 | |||||||||||||||||||||||||||||
payments of issuance costs relating to line of credit and term loan | 0 | |||||||||||||||||||||||||||||
principal payments on capital leases | -38,000 | 0 | ||||||||||||||||||||||||||||
proceeds from public offering, net of underwriters discounts and commissions | ||||||||||||||||||||||||||||||
payments of public offering costs | 0 | -143,000 | -431,000 | -298,000 | ||||||||||||||||||||||||||
payments on notes payable | 0 | |||||||||||||||||||||||||||||
(payments) proceeds from term loan | 0 | |||||||||||||||||||||||||||||
purchase of convertible note capped call hedge | ||||||||||||||||||||||||||||||
proceeds from warrant exercises | 0 | |||||||||||||||||||||||||||||
repurchase of common stock | ||||||||||||||||||||||||||||||
effect of exchange rates on cash and cash equivalents | -218,000 | -81,000 | -626,000 | -39,000 | 229,000 | -165,000 | 21,000 | -168,000 | 74,000 | |||||||||||||||||||||
net increase in cash and cash equivalents | 79,126,000 | -1,531,000 | ||||||||||||||||||||||||||||
taxes, net of | ||||||||||||||||||||||||||||||
debt issuance costs included in accounts payable and accrued expenses | -16,000 | |||||||||||||||||||||||||||||
proceeds from sale leaseback | ||||||||||||||||||||||||||||||
proceeds from follow on offering | ||||||||||||||||||||||||||||||
change in restricted cash | 0 | 0 | ||||||||||||||||||||||||||||
cash and cash equivalents—beginning of year | 60,765,000 | |||||||||||||||||||||||||||||
cash and cash equivalents—end of year | 39,679,000 | |||||||||||||||||||||||||||||
payment on term loan | ||||||||||||||||||||||||||||||
payments of issuance costs relating to the line of credit and term loan | ||||||||||||||||||||||||||||||
proceeds from public offering, net of underwriters discount and commissions | ||||||||||||||||||||||||||||||
proceeds from exercise of warrants | ||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | 0 | |||||||||||||||||||||||||||||
cash and cash equivalents—end of period | -9,205,000 | |||||||||||||||||||||||||||||
proceeds from follow-on offering, net of underwriters discount and commissions | ||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -6,846,000 | -21,086,000 | ||||||||||||||||||||||||||||
accretion of interest on notes payable | ||||||||||||||||||||||||||||||
benefit from doubtful accounts | 292,000 | |||||||||||||||||||||||||||||
proceeds from initial public offering, net of underwriters discounts and commissions | 0 | |||||||||||||||||||||||||||||
payments of initial public offering costs | -588,000 | |||||||||||||||||||||||||||||
issuance of common stock in connection with acquisition | ||||||||||||||||||||||||||||||
issuance of notes payable in connection with acquisition | ||||||||||||||||||||||||||||||
cash—beginning of year | ||||||||||||||||||||||||||||||
cash—end of year | ||||||||||||||||||||||||||||||
taxes |
