7Baggers
Quarterly
Annual
    Unit: USD2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2020-03-31 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 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 
      
    		                             
      cash flows from operating activities:
    		                             
      net income
    		-18,079,000 -23,167,000 -23,622,000 -516,000 -32,411,000 -27,791,000 -25,222,000 -23,559,000 -25,381,000 -34,108,000 -8,859,000 -8,627,000 -6,048,000 -5,521,000 -5,782,000 -7,821,000 -7,040,000 -7,513,000 -9,481,000 -9,708,000 -9,652,000 -8,420,000 -7,016,000 -4,982,000 -4,645,000 -4,760,000 -4,625,000 -4,683,000 -5,566,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                             
      amortization of deferred implementation, solution and other costs
    		6,664,000 6,737,000 6,378,000 6,069,000 6,043,000 6,136,000 5,369,000 5,722,000 7,102,000 3,905,000 1,969,000 2,047,000 2,218,000 1,929,000 2,012,000 1,795,000 1,719,000 1,847,000 1,736,000 1,556,000 1,636,000 1,257,000 1,633,000 990,000 1,127,000 1,237,000 1,168,000 1,063,000 967,000 
      depreciation and amortization
    		17,943,000 18,286,000 17,935,000 17,543,000 16,422,000 15,291,000 15,027,000 14,919,000 14,253,000 13,017,000 3,689,000 3,874,000 3,878,000 3,897,000 3,822,000 3,702,000 3,525,000 3,264,000 3,064,000 2,944,000 2,927,000 2,418,000 1,873,000 1,353,000 1,203,000 961,000 1,092,000 1,031,000 999,000 
      amortization of debt issuance costs
    		496,000 495,000 495,000 618,000 676,000 676,000 691,000 676,000 488,000 459,000 241,000 223,000 123,000 0 0 4,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000   
      amortization of debt discount
    		        6,426,000 5,031,000 2,281,000 1,990,000 1,099,000                24,000 
      amortization of premiums and discounts on investments
    		-401,000                             
      stock-based compensation expense
    		19,369,000 21,109,000 20,624,000 18,086,000 13,949,000 17,783,000 18,570,000 14,855,000 14,107,000                     
      realized loss on investments
    		                             
      deferred income taxes
    		756,000 436,000 -30,000 -526,000 668,000 86,000 -18,000 875,000 128,000 414,000 -368,000 -97,000 36,000 -577,000 -7,000 117,000 117,000 73,000 69,000 69,000 70,000         
      allowance for credit losses
    		90,000 -227,000 -73,000 -3,000 123,000 -88,000 249,000 -105,000 -75,000 144,000                    
      allowance for sales credits
    		22,000 -4,000 -39,000 8,000 3,000 -109,000 32,000 19,000 14,000 -14,000 75,000 16,000 22,000 -4,000 -33,000 44,000 -10,000 -12,000 -14,000 19,000 24,000 1,000 44,000 -22,000 15,000 14,000 0 36,000 15,000 
      loss on disposal of long-lived assets
    		-5,000 -23,000 149,000 -66,000 -23,000 -2,000 146,000 -12,000 3,000 3,000    29,000 0 0 4,000 82,000 0           
      (gain) loss on extinguishment of debt
    		0 0 0 -19,312,000                          
      lease impairments
    		93,000 2,251,000                            
      changes in operating assets and liabilities:
    		                             
      accounts receivable
    		1,485,000 -5,580,000 1,266,000 6,919,000 5,903,000 -6,338,000 -9,743,000 10,464,000 6,580,000 -4,537,000 3,800,000 -10,114,000 -3,717,000 2,568,000 -723,000 -6,608,000 3,802,000 4,018,000 -5,657,000 -1,858,000 250,000 98,000 -1,448,000 260,000 -2,232,000 1,484,000 -1,038,000 231,000 3,314,000 
      prepaid expenses and other current assets
    		3,031,000 -2,723,000 3,543,000 -4,638,000 3,677,000 169,000 9,058,000 -12,410,000 10,529,000 -2,970,000 -102,000 9,000 -1,727,000 2,121,000 -1,028,000 1,952,000 -2,805,000 1,825,000 1,822,000 -1,817,000 -2,067,000 -476,000 236,000 675,000 -585,000 613,000 -351,000 -195,000 -695,000 
      deferred solution and other costs
    		-4,457,000 -1,277,000 512,000 -12,190,000 -258,000 -2,464,000 -1,765,000 -3,112,000 -3,145,000 -6,852,000 -1,291,000 -2,472,000 -3,493,000 -1,191,000 -1,266,000 -830,000 -2,066,000 -483,000 -3,388,000 -2,378,000 -851,000 20,000 -2,873,000 -1,318,000 -488,000 -1,829,000 -1,867,000 -166,000 -1,467,000 
      deferred implementation costs
    		-3,458,000 -3,781,000 -4,178,000 -3,537,000 -1,577,000 -3,825,000 -3,533,000 -3,308,000 -2,587,000 -4,057,000 -2,197,000 -1,580,000 -1,181,000 -1,010,000 -1,480,000 -1,375,000 -1,314,000 -1,292,000 -1,722,000 -1,613,000 -1,449,000 -1,054,000 -1,388,000 -758,000 -918,000 -793,000 -1,213,000 -999,000 -837,000 
      contract assets
    		266,000 1,260,000 1,545,000 622,000 3,519,000 -690,000 -2,132,000 -1,798,000 -980,000 -1,919,000 -1,563,000 -1,396,000 -816,000                 
      other long-term assets
    		2,513,000 -138,000 1,758,000 1,443,000 1,635,000 1,870,000 1,801,000 2,006,000 1,527,000 2,819,000 -316,000 -5,000 -220,000 -137,000 -17,000 -54,000 -28,000 156,000 -89,000 29,000 -49,000 -138,000 187,000 -91,000 41,000 -455,000 -119,000 -33,000 363,000 
      accounts payable
    		4,238,000 848,000 2,049,000 2,218,000 -2,170,000 -421,000 -1,204,000 3,247,000 4,925,000 -284,000 1,470,000 229,000 -1,054,000 1,497,000 673,000 -96,000 1,293,000 -935,000 394,000 -233,000 1,200,000 239,000 -384,000 571,000 917,000 -415,000 609,000 -2,074,000 1,038,000 
      accrued liabilities
    		8,250,000 1,952,000 2,429,000 -13,123,000 6,785,000 1,411,000 -5,121,000 -12,920,000 1,133,000 -6,136,000 3,603,000 995,000 -4,307,000 603,000 2,855,000 929,000 -8,756,000 2,800,000 2,811,000 4,088,000 942,000 2,445,000 1,785,000 1,026,000 -1,200,000 1,539,000 706,000 1,082,000 -4,725,000 
      deferred revenues
    		2,360,000 2,565,000 -14,232,000 6,215,000 16,185,000 1,745,000 -9,384,000 1,666,000  6,794,000 7,831,000 -6,545,000 2,250,000  6,233,000 3,841,000 -3,114,000  7,810,000 483,000 4,026,000  5,030,000 3,786,000 2,876,000     
      deferred rent and other long-term liabilities
    		-4,599,000 -1,402,000 -3,187,000 -2,476,000 628,000 -2,518,000 -3,006,000 -2,566,000 -3,243,000 -2,325,000 -318,000 -355,000 -317,000 -321,000 825,000 -296,000 -285,000 -285,000 159,000 2,708,000 449,000 3,609,000 316,000 -197,000 -190,000 -201,000 -4,000 162,000 193,000 
      net cash from operating activities
    		36,577,000 16,753,000 13,068,000 3,894,000 44,802,000 6,149,000 -9,774,000 -4,621,000 39,311,000 -15,799,000 17,424,000 -14,181,000 -7,103,000 8,129,000 11,603,000 408,000 -10,668,000  1,000,000 -2,576,000 187,000 5,021,000 47,000 2,975,000 -2,644,000 -1,028,000 -144,000 384,000 -4,498,000 
      capex
    		-6,753,000 -7,469,000 -9,340,000 -7,081,000 -5,457,000 -10,013,000 -6,425,000 -8,157,000 -5,652,000 -4,929,000 -1,020,000 -5,758,000 -5,396,000 -936,000 -3,962,000 -2,494,000 -5,893,000  -5,550,000 -5,782,000 -4,153,000 -3,558,000 -1,249,000 -1,885,000 -436,000 -1,221,000 -1,347,000 -638,000 -1,830,000 
      free cash flows
    		29,824,000 9,284,000 3,728,000 -3,187,000 39,345,000 -3,864,000 -16,199,000 -12,778,000 33,659,000 -20,728,000 16,404,000 -19,939,000 -12,499,000 7,193,000 7,641,000 -2,086,000 -16,561,000  -4,550,000 -8,358,000 -3,966,000 1,463,000 -1,202,000 1,090,000 -3,080,000 -2,249,000 -1,491,000 -254,000 -6,328,000 
      cash flows from investing activities:
    		                             
      purchases of investments
    		-45,000 -7,435,000 -26,554,000 -42,831,000 -78,900,000 -72,405,000 -38,930,000 -102,749,000 -35,177,000  -1,326,000   -2,482,000 -9,489,000 -12,839,000 -2,939,000 -8,136,000 -11,406,000 -9,656,000 -10,962,000 -2,510,000 -2,245,000 -32,693,000 -6,480,000 -5,144,000    
      maturities of investments
    		41,397,000 35,710,000 15,765,000 127,904,000 49,365,000 57,032,000 38,027,000 18,097,000 29,526,000 2,500,000 17,159,000 11,157,000 2,901,000 9,388,000 4,860,000 7,950,000 5,709,000 6,455,000 13,691,000 16,180,000 4,779,000 3,490,000 6,585,000       
      purchases of property and equipment
    		-1,105,000 -1,274,000 -2,262,000 -1,032,000 -2,209,000 -3,836,000 -1,231,000 -3,866,000 -3,695,000 -4,642,000 -1,020,000 -5,758,000 -5,396,000 -936,000 -3,754,000 -2,264,000 -5,361,000 -796,000 -4,808,000 -5,155,000 -3,590,000 -3,558,000 -1,249,000 -1,885,000 -436,000 -1,221,000 -1,347,000 -638,000 -1,830,000 
      capitalized software development costs
    		-5,648,000 -6,195,000 -7,078,000 -6,049,000 -3,248,000 -6,177,000 -5,194,000 -4,291,000 -1,957,000 -287,000    0 -208,000 -230,000 -532,000 -760,000 -742,000 -627,000 -563,000         
      business combinations, net of cash acquired
    		        0         0 0 0 -95,000         
      net cash from investing activities
    		34,599,000 20,806,000 -20,129,000 77,992,000 -40,032,000 -25,386,000 -7,328,000 -92,809,000 -11,303,000 -2,429,000 14,767,000 -68,990,000 -2,645,000 6,570,000 -8,591,000 -11,483,000 -4,439,000 -3,297,000 -3,390,000 679,000 -10,506,000 -11,777,000 -16,094,000 -25,459,000 -5,086,000 -4,135,000 -20,132,000 -638,000 -1,830,000 
      cash flows from financing activities:
    		                             
      payment for maturity of 2023 convertible notes
    		0 0 0 -10,908,000                          
      payment for repurchases of convertible notes
    		                             
      proceeds from bond hedges related to convertible notes
    		        0                     
      payments for warrants related to convertible notes
    		        0                     
      proceeds from capped calls related to convertible notes
    		0 0 0 139,000                          
      proceeds from exercise of stock options and espp
    		  3,843,000 90,000 2,628,000 451,000                        
      net cash from financing activities
    		4,075,000 389,000 3,843,000 -160,319,000 2,628,000 451,000 2,672,000 131,000 70,000 1,194,000 2,850,000 4,498,000 207,198,000 3,122,000 2,657,000 2,790,000 2,990,000 1,764,000 1,487,000 -836,000 -1,471,000 -1,364,000 21,847,000 -2,317,000 33,921,000 802,000 -2,290,000 8,487,000 74,326,000 
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		319,000 -413,000 216,000 60,000                          
      net increase in cash, cash equivalents and restricted cash
    		                             
      cash, cash equivalents and restricted cash, beginning of period
    		0                             
      cash, cash equivalents and restricted cash, end of period
    		75,570,000                             
      supplemental disclosures of cash flow information:
    		                             
      cash paid for taxes, net of refund
    		    238,000 215,000 301,000 121,000 188,000 134,000                    
      cash paid for interest
    		    1,405,000 40,000 1,405,000 41,000 1,405,000 863,000    0 0 25,000 43,000 50,000 47,000 70,000 50,000 32,000 75,000 82,000 23,000 212,000 0 105,000 102,000 
      supplemental disclosure of non-cash investing and financing activities:
    		                             
      shares acquired to settle the exercise of stock options
    		        0 -264,000 -299,000 -34,000 -62,000 -258,000 1,000 -142,000 -39,000 -153,000 -64,000 -156,000 -3,000 -1,000 -13,000 0 -7,000     
      stock-based compensation for capitalized software development
    		726,000 798,000 856,000 769,000                          
      capitalized software development costs included in accounts payable and accrued liabilities
    		   468,000                          
      property and equipment acquired and included in accounts payable and accrued liabilities
    		6,000 163,000 -1,577,000 1,886,000  -2,868,000 2,576,000 322,000                      
      property and equipment acquired through tenant improvement allowance
    		                             
      realized (gain) loss on investments
    		                             
      payments for repurchases of convertible notes
    		 0 0 -149,640,000                          
      proceeds from the exercise of stock options and espp
    		                             
      net decrease in cash, cash equivalents and restricted cash
    		                             
      amortization of premiums on investments
    		  -684,000 -1,097,000 -613,000 -266,000 265,000 312,000 366,000 -49,000 -19,000 -35,000 56,000 56,000 112,000 82,000 69,000 101,000 103,000 119,000 102,000 94,000 117,000 19,000 89,000 -7,000    
      realized (gain) loss on sale of marketable securities
    		  0 336,000                          
      net decrease in cash, cash equivalents, and restricted cash
    		  -3,002,000 -78,373,000  -18,786,000 -14,430,000 -97,299,000                      
      cash, cash equivalents, and restricted cash, beginning of period
    		  0 201,902,000  0 0 325,821,000 0 103,562,000 0 0 60,276,000                 
      cash, cash equivalents, and restricted cash, end of period
    		  -3,002,000 123,529,000  -18,786,000 -14,430,000 228,522,000 28,078,000 86,528,000 35,041,000                   
      lease and other restructuring charges
    		   1,301,000 5,638,000                         
      realized gain on sale of marketable securities
    		    0 0                        
      loss on extinguishment of debt
    		        0                     
      proceeds from issuance of common stock, net of issuance costs
    		                             
      proceeds from issuance of convertible notes, net of issuance costs
    		          -18,000 -490,000 223,675,000                 
      purchases of capped call transactions
    		                             
      payment of contingent consideration
    		                             
      data center assets acquired under deferred payment arrangements or financing arrangements
    		         3,895,000                    
      unoccupied lease charges
    		      129,000 408,000 -48,000  0       0 0           
      proceeds from exercise of stock options
    		       131,000                      
      realized loss on sale of marketable securities
    		                             
      impairment of intangible assets
    		                             
      deferred revenue
    		                         77,000 4,349,000 3,837,000 961,000 
      purchase of intangible assets
    		                             
      proceeds from exercise of stock options to purchase common stock
    		        70,000 1,194,000 2,868,000 4,988,000 2,843,000 2,942,000 2,656,000 2,932,000 3,029,000 1,917,000 1,551,000 2,184,000 727,000 569,000 1,910,000 460,000 1,253,000 964,000 45,000 74,000 934,000 
      net increase in cash, cash equivalents, and restricted cash
    		        28,078,000 -17,034,000 35,041,000 -78,673,000 197,450,000                 
      impact of extinguishment of convertible senior notes due 2023
    		                             
      proceeds from (payments for) bond hedge related to convertible notes
    		                             
      proceeds from (payments for) warrants related to convertible notes
    		                             
      cash, cash equivalents, and restricted cash beginning of period
    		                             
      cash, cash equivalents, and restricted cash end of period
    		            257,726,000                 
      supplemental disclosure of non-cash financing activities:
    		                             
      stock-based compensation expenses
    		         14,866,000 7,498,000 7,004,000 6,095,000 6,313,000 5,407,000 5,022,000 4,197,000 3,819,000 3,359,000 2,857,000 2,605,000 2,490,000 1,911,000 1,639,000 1,322,000 1,483,000 1,101,000 1,068,000 918,000 
      business combinations and asset acquisitions, net of cash acquired
    		          0 0 -150,000 0 0 -2,500,000 -1,316,000             
      purchases of intangible assets
    		                             
      purchase of convertible notes bond hedge
    		          0 0 -41,699,000                 
      proceeds from issuance of warrants
    		          0 0 22,379,000                 
      cash paid for taxes
    		          0   0 0   0 48,000   0 0   0 0   
      increase in restricted cash
    		             600,000 0       0    0    
      reconciliation of cash, cash equivalents, and restricted cash as shown in the statement of cash flows:
    		                             
      cash and cash equivalents
    		          35,041,000 -78,673,000 255,411,000                 
      restricted cash
    		          0 0 2,315,000                 
      total cash, cash equivalents, and restricted cash
    		          35,041,000 -78,673,000 257,726,000                 
      payments on financing obligations
    		                 0 0 -2,790,000 -2,100,000 -1,368,000 -668,000       
      payments on capital lease obligations
    		                 0 0 -74,000 -87,000 -94,000 -94,000 -94,000 -136,000 -142,000 -160,000 -223,000 -223,000 
      proceeds from the issuance of common stock, net of issuance costs
    		                 0 0 0 -8,000 -470,000 20,712,000 -478,000 32,811,000 0 -175,000 12,846,000 73,615,000 
      net increase in cash and cash equivalents
    		                 3,250,000 -903,000 -2,733,000 -11,790,000 -8,120,000 5,800,000 -24,801,000 26,191,000 -4,361,000 -22,566,000 8,233,000 67,998,000 
      cash and cash equivalents, beginning of period
    		             0 0 0 54,873,000 0 0 0 67,049,000 0 0 0 67,979,000 0 0 0 18,675,000 
      cash and cash equivalents, end of period
    		             17,821,000 5,669,000 -8,285,000 42,756,000 3,250,000 -903,000 -2,733,000 55,259,000 -8,120,000 5,800,000 -24,801,000 94,170,000 -4,361,000 -22,566,000 8,233,000 86,673,000 
      acquisition consideration payable to seller - working capital adjustment
    		                     -885,000        
      acquisition consideration payable to seller - hold back
    		                             
      net decrease in cash and cash equivalents
    		              5,669,000 -8,285,000 -12,117,000             
      net cash from continuing operations
    		                         -1,028,000 -144,000 384,000 -4,498,000 
      proceeds from borrowings on line of credit
    		                         0 0 0 12,500,000 
      payments on line of credit
    		                         0 -2,000,000 -4,210,000 -12,500,000 
      supplemental disclosure of non-cash investing activities:
    		                             
      data center assets acquired under financing arrangements
    		                             
      purchases of other intangible assets
    		                  -125,000 -63,000 -75,000         
      non-cash investing activities:
    		                             
      decrease in restricted cash
    		                             
      income from discontinued operations
    		                             
      net cash from discontinued operating activities
    		                             
      cash included in distribution of spin-off
    		                             
      proceeds from issuance of preferred stock, net of issuance costs
    		                             
      equipment acquired under capital lease
    		                             
      acquisition, net of cash received
    		                             
      redemption of investments
    		                        1,830,000     
      acquisitions and purchase of intangible assets
    		                             
      net cash from continuing investing activities
    		                             
      net cash from discontinued investing activities
    		                             
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.