Varonis Systems, Inc(NASDAQ:VRNS)
Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including ...
Website: http://www.varonis.com
Founded: 2005
Full Time Employees: 1,574
Sector: Technology
Industry: Software-Infrastructure
• 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 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||
saas | 161,065,000 | 142,316,000 | 125,824,000 | 105,895,000 | 88,560,000 | 72,206,000 | 57,805,000 | 44,785,000 | 33,985,000 | ||||||||||||||||||||||||||||||||||||||||
term license subscriptions | 6,896,000 | 20,961,000 | 24,812,000 | 32,374,000 | 31,488,000 | 66,781,000 | 68,751,000 | 62,729,000 | 55,980,000 | ||||||||||||||||||||||||||||||||||||||||
maintenance and services | 5,165,000 | 10,092,000 | 10,941,000 | 13,894,000 | 16,375,000 | 19,527,000 | 21,512,000 | 22,832,000 | 24,057,000 | 24,935,000 | 24,629,000 | 24,328,000 | 24,361,000 | 25,890,000 | 27,256,000 | 27,068,000 | 27,276,000 | 29,613,000 | 30,003,000 | 30,015,000 | 29,671,000 | 32,072,000 | 32,294,000 | 32,239,000 | 33,423,000 | 34,210,000 | 34,053,000 | 33,270,000 | 33,834,000 | 34,243,000 | 31,248,000 | 28,730,000 | 28,454,000 | 26,583,000 | 24,192,000 | 21,754,000 | 21,225,000 | 19,713,000 | 18,346,000 | 16,899,000 | 16,626,000 | 15,595,000 | 14,375,000 | 13,139,000 | 12,828,000 | 12,008,000 | 11,324,000 | 10,194,000 | 9,402,000 |
total revenues | 173,126,000 | 173,369,000 | 161,577,000 | 152,163,000 | 136,423,000 | 158,514,000 | 148,068,000 | 130,346,000 | 114,022,000 | 154,099,000 | 122,308,000 | 115,418,000 | 107,335,000 | 142,617,000 | 123,308,000 | 111,448,000 | 96,261,000 | 126,578,000 | 100,353,000 | 88,418,000 | 74,785,000 | 95,197,000 | 76,751,000 | 66,565,000 | 54,176,000 | 72,560,000 | 65,649,000 | 59,621,000 | 56,360,000 | 87,518,000 | 67,052,000 | 62,190,000 | 53,528,000 | 73,209,000 | 53,601,000 | 50,174,000 | 40,380,000 | 54,409,000 | 40,937,000 | 38,641,000 | 30,470,000 | 43,837,000 | 31,237,000 | 29,150,000 | 22,986,000 | 33,714,000 | 25,563,000 | 24,616,000 | 17,455,000 |
yoy | 26.90% | 9.37% | 9.12% | 16.74% | 19.65% | 2.87% | 21.06% | 12.93% | 6.23% | 8.05% | -0.81% | 3.56% | 11.50% | 12.67% | 22.87% | 26.05% | 28.72% | 32.96% | 30.75% | 32.83% | 38.04% | 31.20% | 16.91% | 11.65% | -3.88% | -17.09% | -2.09% | -4.13% | 5.29% | 19.55% | 25.09% | 23.95% | 32.56% | 34.55% | 30.94% | 29.85% | 32.52% | 24.12% | 31.05% | 32.56% | 32.56% | 30.03% | 22.20% | 18.42% | 31.69% | ||||
qoq | -0.14% | 7.30% | 6.19% | 11.54% | -13.94% | 7.05% | 13.60% | 14.32% | -26.01% | 25.99% | 5.97% | 7.53% | -24.74% | 15.66% | 10.64% | 15.78% | -23.95% | 26.13% | 13.50% | 18.23% | -21.44% | 24.03% | 15.30% | 22.87% | -25.34% | 10.53% | 10.11% | 5.79% | -35.60% | 30.52% | 7.82% | 16.18% | -26.88% | 36.58% | 6.83% | 24.25% | -25.78% | 32.91% | 5.94% | 26.82% | -30.49% | 40.34% | 7.16% | 26.82% | -31.82% | 31.89% | 3.85% | 41.03% | |
cost of revenues | 41,570,000 | 36,558,000 | 35,149,000 | 31,249,000 | 29,018,000 | 26,055,000 | 24,007,000 | 22,436,000 | 21,349,000 | 19,347,000 | 17,381,000 | 17,386,000 | 17,637,000 | 17,030,000 | 17,198,000 | 17,799,000 | 17,809,000 | 17,378,000 | 14,338,000 | 14,201,000 | 13,482,000 | 12,462,000 | 11,284,000 | 10,335,000 | 10,180,000 | 9,652,000 | 8,768,000 | 8,398,000 | 8,326,000 | 7,749,000 | 7,052,000 | 6,440,000 | 6,442,000 | 5,887,000 | 5,436,000 | 4,878,000 | 4,672,000 | 4,510,000 | 4,116,000 | 3,721,000 | 3,496,000 | 3,279,000 | 3,044,000 | 2,863,000 | 2,833,000 | 2,788,000 | 2,590,000 | 2,491,000 | 2,042,000 |
gross profit | 131,556,000 | 136,811,000 | 126,428,000 | 120,914,000 | 107,405,000 | 132,459,000 | 124,061,000 | 107,910,000 | 92,673,000 | 134,752,000 | 104,927,000 | 98,032,000 | 89,698,000 | 125,587,000 | 106,110,000 | 93,649,000 | 78,452,000 | 109,200,000 | 86,015,000 | 74,217,000 | 61,303,000 | 82,735,000 | 65,467,000 | 56,230,000 | 43,996,000 | 62,908,000 | 56,881,000 | 51,223,000 | 48,034,000 | 79,769,000 | 60,000,000 | 55,750,000 | 47,086,000 | 67,322,000 | 48,165,000 | 45,296,000 | 35,708,000 | 49,899,000 | 36,821,000 | 34,920,000 | 26,974,000 | 40,558,000 | 28,193,000 | 26,287,000 | 20,153,000 | 30,926,000 | 22,973,000 | 22,125,000 | 15,413,000 |
yoy | 22.49% | 3.29% | 1.91% | 12.05% | 15.90% | -1.70% | 18.24% | 10.08% | 3.32% | 7.30% | -1.11% | 4.68% | 14.33% | 15.01% | 23.36% | 26.18% | 27.97% | 31.99% | 31.39% | 31.99% | 39.34% | 31.52% | 15.09% | 9.77% | -8.41% | -21.14% | -5.20% | -8.12% | 2.01% | 18.49% | 24.57% | 23.08% | 31.86% | 34.92% | 30.81% | 29.71% | 32.38% | 23.03% | 30.60% | 32.84% | 33.85% | 31.15% | 22.72% | 18.81% | 30.75% | ||||
qoq | -3.84% | 8.21% | 4.56% | 12.58% | -18.91% | 6.77% | 14.97% | 16.44% | -31.23% | 28.42% | 7.03% | 9.29% | -28.58% | 18.36% | 13.31% | 19.37% | -28.16% | 26.95% | 15.90% | 21.07% | -25.90% | 26.38% | 16.43% | 27.81% | -30.06% | 10.60% | 11.05% | 6.64% | -39.78% | 32.95% | 7.62% | 18.40% | -30.06% | 39.77% | 6.33% | 26.85% | -28.44% | 35.52% | 5.44% | 29.46% | -33.49% | 43.86% | 7.25% | 30.44% | -34.83% | 34.62% | 3.83% | 43.55% | |
gross margin % | 75.99% | 78.91% | 78.25% | 79.46% | 78.73% | 83.56% | 83.79% | 82.79% | 81.28% | 87.45% | 85.79% | 84.94% | 83.57% | 88.06% | 86.05% | 84.03% | 81.50% | 86.27% | 85.71% | 83.94% | 81.97% | 86.91% | 85.30% | 84.47% | 81.21% | 86.70% | 86.64% | 85.91% | 85.23% | 91.15% | 89.48% | 89.64% | 87.97% | 91.96% | 89.86% | 90.28% | 88.43% | 91.71% | 89.95% | 90.37% | 88.53% | 92.52% | 90.26% | 90.18% | 87.68% | 91.73% | 89.87% | 89.88% | 88.30% |
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 69,761,000 | 64,620,000 | 62,737,000 | 56,247,000 | 54,210,000 | 50,546,000 | 53,459,000 | 44,933,000 | 47,827,000 | 48,144,000 | 44,818,000 | 46,144,000 | 44,732,000 | 45,018,000 | 44,478,000 | 44,815,000 | 43,570,000 | 40,143,000 | 34,344,000 | 33,333,000 | 30,062,000 | 27,938,000 | 24,670,000 | 24,067,000 | 22,688,000 | 21,874,000 | 20,400,000 | 19,722,000 | 18,768,000 | 19,445,000 | 17,267,000 | 17,717,000 | 15,542,000 | 13,559,000 | 11,903,000 | 11,498,000 | 10,409,000 | 9,627,000 | 9,290,000 | 8,905,000 | 8,837,000 | 8,175,000 | 8,085,000 | 7,799,000 | 7,733,000 | 7,499,000 | 7,316,000 | 6,832,000 | 6,439,000 |
sales and marketing | 80,336,000 | 77,976,000 | 74,025,000 | 76,578,000 | 72,763,000 | 76,123,000 | 71,378,000 | 70,041,000 | 71,227,000 | 70,569,000 | 68,610,000 | 70,321,000 | 68,393,000 | 71,779,000 | 69,810,000 | 68,714,000 | 64,787,000 | 67,673,000 | 56,229,000 | 54,919,000 | 51,493,000 | 48,904,000 | 45,435,000 | 42,983,000 | 42,580,000 | 44,129,000 | 42,117,000 | 41,656,000 | 41,996,000 | 46,196,000 | 40,792,000 | 41,349,000 | 39,972,000 | 39,723,000 | 32,802,000 | 32,560,000 | 30,811,000 | 30,218,000 | 26,410,000 | 26,840,000 | 24,364,000 | 24,295,000 | 20,617,000 | 21,264,000 | 20,191,000 | 19,619,000 | 17,741,000 | 17,186,000 | 14,241,000 |
general and administrative | 25,940,000 | 24,477,000 | 25,600,000 | 24,641,000 | 24,198,000 | 23,342,000 | 22,864,000 | 21,762,000 | 21,252,000 | 21,283,000 | 20,646,000 | 21,283,000 | 19,689,000 | 18,783,000 | 17,404,000 | 17,688,000 | 18,180,000 | 19,217,000 | 13,997,000 | 14,196,000 | 13,823,000 | 13,092,000 | 11,814,000 | 11,274,000 | 11,398,000 | 10,910,000 | 10,339,000 | 13,851,000 | 9,271,000 | 9,628,000 | 8,774,000 | 7,989,000 | 7,069,000 | 8,017,000 | 6,711,000 | 6,582,000 | 5,513,000 | 5,443,000 | 5,051,000 | 4,760,000 | 4,562,000 | 4,530,000 | 4,036,000 | 3,760,000 | 3,780,000 | 3,512,000 | 3,030,000 | 2,665,000 | 2,665,000 |
total operating expenses | 176,037,000 | 167,073,000 | 162,362,000 | 157,466,000 | 151,171,000 | 150,011,000 | 147,701,000 | 136,736,000 | 140,306,000 | 139,996,000 | 134,074,000 | 137,748,000 | 132,814,000 | 135,580,000 | 131,692,000 | 131,217,000 | 126,537,000 | 127,033,000 | 104,570,000 | 102,448,000 | 95,378,000 | 89,934,000 | 81,919,000 | 78,324,000 | 76,666,000 | 76,913,000 | 72,856,000 | 75,229,000 | 70,035,000 | 75,269,000 | 66,833,000 | 67,055,000 | 62,583,000 | 61,299,000 | 51,416,000 | 50,640,000 | 46,733,000 | 45,288,000 | 40,751,000 | 40,505,000 | 37,763,000 | 37,000,000 | 32,738,000 | 32,823,000 | 31,704,000 | 30,630,000 | 28,087,000 | 26,683,000 | 23,345,000 |
operating income | -44,481,000 | -30,262,000 | -35,934,000 | -36,552,000 | -43,766,000 | -17,552,000 | -23,640,000 | -28,826,000 | -47,633,000 | -5,244,000 | -29,147,000 | -39,716,000 | -43,116,000 | -9,993,000 | -25,582,000 | -37,568,000 | -48,085,000 | -17,833,000 | -18,555,000 | -28,231,000 | -34,075,000 | -7,199,000 | -16,452,000 | -22,094,000 | -32,670,000 | -14,005,000 | -15,975,000 | -24,006,000 | -22,001,000 | 4,500,000 | -6,833,000 | -11,305,000 | -15,497,000 | 6,023,000 | -3,251,000 | -5,344,000 | -11,025,000 | 4,611,000 | -3,930,000 | -5,585,000 | -10,789,000 | 3,558,000 | -4,545,000 | -6,536,000 | -11,551,000 | 296,000 | -5,114,000 | -4,558,000 | -7,932,000 |
yoy | 1.63% | 72.41% | 52.01% | 26.80% | -8.12% | 234.71% | -18.89% | -27.42% | 10.48% | -47.52% | 13.94% | 5.72% | -10.33% | -43.96% | 37.87% | 33.07% | 41.12% | 147.71% | 12.78% | 27.78% | 4.30% | -48.60% | 2.99% | -7.96% | 48.49% | -411.22% | 133.79% | 112.35% | 41.97% | -25.29% | 110.18% | 111.55% | 40.56% | 30.62% | -17.28% | -4.32% | 2.19% | 29.60% | -13.53% | -14.55% | -6.60% | 1102.03% | -11.13% | 43.40% | 45.63% | ||||
qoq | 46.99% | -15.78% | -1.69% | -16.48% | 149.35% | -25.75% | -17.99% | -39.48% | 808.33% | -82.01% | -26.61% | -7.89% | 331.46% | -60.94% | -31.90% | -21.87% | 169.64% | -3.89% | -34.27% | -17.15% | 373.33% | -56.24% | -25.54% | -32.37% | 133.27% | -12.33% | -33.45% | 9.11% | -588.91% | -165.86% | -39.56% | -27.05% | -357.30% | -285.27% | -39.17% | -51.53% | -339.10% | -217.33% | -29.63% | -48.23% | -403.23% | -178.28% | -30.46% | -43.42% | -4002.36% | -105.79% | 12.20% | -42.54% | |
operating margin % | -25.69% | -17.46% | -22.24% | -24.02% | -32.08% | -11.07% | -15.97% | -22.11% | -41.78% | -3.40% | -23.83% | -34.41% | -40.17% | -7.01% | -20.75% | -33.71% | -49.95% | -14.09% | -18.49% | -31.93% | -45.56% | -7.56% | -21.44% | -33.19% | -60.30% | -19.30% | -24.33% | -40.26% | -39.04% | 5.14% | -10.19% | -18.18% | -28.95% | 8.23% | -6.07% | -10.65% | -27.30% | 8.47% | -9.60% | -14.45% | -35.41% | 8.12% | -14.55% | -22.42% | -50.25% | 0.88% | -20.01% | -18.52% | -45.44% |
financial income | 4,446,000 | 5,470,000 | 7,806,000 | 4,967,000 | 11,951,000 | 7,605,000 | 10,245,000 | 8,249,000 | 8,545,000 | 5,433,000 | 8,634,000 | 8,465,000 | 7,773,000 | 66,500 | 99,000 | 978,000 | 469,000 | ||||||||||||||||||||||||||||||||
income before income taxes | -40,035,000 | -24,792,000 | -28,128,000 | -31,585,000 | -31,815,000 | -9,947,000 | -13,395,000 | -20,577,000 | -39,088,000 | 189,000 | -20,513,000 | -31,251,000 | -35,343,000 | -5,723,000 | -23,151,000 | -34,592,000 | -47,349,000 | -21,920,000 | -21,789,000 | -32,033,000 | -35,097,000 | -11,737,000 | -19,005,000 | -23,939,000 | -31,217,000 | -13,849,000 | -16,457,000 | -23,941,000 | -22,129,000 | 5,204,000 | -6,734,000 | -12,116,000 | -14,519,000 | 6,344,000 | -2,629,000 | -4,394,000 | -10,556,000 | 3,872,000 | -4,117,000 | -6,190,000 | -10,144,000 | 2,778,000 | -4,649,000 | -6,134,000 | -12,592,000 | -510,000 | -6,058,000 | -4,484,000 | -7,970,000 |
benefit for income taxes | 3,181,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income | -36,854,000 | -27,775,000 | -29,942,000 | -35,824,000 | -35,783,000 | -12,994,000 | -18,333,000 | -23,948,000 | -40,490,000 | -898,000 | -23,017,000 | -38,697,000 | -38,304,000 | -10,748,000 | -28,717,000 | -36,290,000 | -48,763,000 | -24,943,000 | -23,314,000 | -32,948,000 | -35,656,000 | -19,032,000 | -19,225,000 | -24,323,000 | -31,430,000 | -14,650,000 | -16,987,000 | -24,488,000 | -22,639,000 | 6,468,000 | -7,317,000 | -12,683,000 | -15,046,000 | 5,534,000 | -3,314,000 | -5,035,000 | -10,879,000 | 3,522,000 | -4,389,000 | -6,493,000 | -10,350,000 | 2,634,000 | -4,925,000 | -6,322,000 | -12,670,000 | -331,000 | -6,354,000 | -4,639,000 | -8,074,000 |
yoy | 2.99% | 113.75% | 63.32% | 49.59% | -11.63% | 1346.99% | -20.35% | -38.11% | 5.71% | -91.64% | -19.85% | 6.63% | -21.45% | -56.91% | 23.17% | 10.14% | 36.76% | 31.06% | 21.27% | 35.46% | 13.45% | 29.91% | 13.17% | -0.67% | 38.83% | -326.50% | 132.16% | 93.08% | 50.47% | 16.88% | 120.79% | 151.90% | 38.30% | 57.13% | -24.49% | -22.45% | 5.11% | 33.71% | -10.88% | 2.70% | -18.31% | -895.77% | -22.49% | 36.28% | 56.92% | ||||
qoq | 32.69% | -7.24% | -16.42% | 0.11% | 175.38% | -29.12% | -23.45% | -40.85% | 4408.91% | -96.10% | -40.52% | 1.03% | 256.38% | -62.57% | -20.87% | -25.58% | 95.50% | 6.99% | -29.24% | -7.59% | 87.35% | -1.00% | -20.96% | -22.61% | 114.54% | -13.76% | -30.63% | 8.17% | -450.02% | -188.40% | -42.31% | -15.71% | -371.88% | -266.99% | -34.18% | -53.72% | -408.89% | -180.25% | -32.40% | -37.27% | -492.94% | -153.48% | -22.10% | -50.10% | 3727.79% | -94.79% | 36.97% | -42.54% | |
net income margin % | -21.29% | -16.02% | -18.53% | -23.54% | -26.23% | -8.20% | -12.38% | -18.37% | -35.51% | -0.58% | -18.82% | -33.53% | -35.69% | -7.54% | -23.29% | -32.56% | -50.66% | -19.71% | -23.23% | -37.26% | -47.68% | -19.99% | -25.05% | -36.54% | -58.01% | -20.19% | -25.88% | -41.07% | -40.17% | 7.39% | -10.91% | -20.39% | -28.11% | 7.56% | -6.18% | -10.04% | -26.94% | 6.47% | -10.72% | -16.80% | -33.97% | 6.01% | -15.77% | -21.69% | -55.12% | -0.98% | -24.86% | -18.85% | -46.26% |
net income per share | -0.32 | -0.23 | -0.26 | -0.32 | -0.32 | -0.12 | -0.16 | -0.21 | -0.37 | -0.21 | -0.35 | -0.35 | -0.1 | -0.26 | -0.33 | -0.45 | -0.23 | -0.22 | -0.31 | -0.36 | -0.6 | -0.61 | -0.77 | -1.02 | -0.47 | -0.56 | -0.81 | -0.76 | 0.23 | -0.25 | -0.44 | -0.53 | 0.2 | -0.12 | -0.18 | -0.4 | 0.14 | -0.17 | -0.25 | -0.4 | 0.12 | -0.19 | -0.25 | -0.51 | 0.04 | -0.26 | -0.19 | -0.73 | |
weighted-average number of shares used in computing net loss per share of common stock, basic and diluted | 115,788,061 | 114,413,076 | 114,974,455 | 112,054,715 | 112,651,178 | 111,660,541 | 112,268,210 | 111,885,305 | 109,990,177 | 109,141,894 | 109,429,722 | 109,740,289 | 108,387,402 | 109,281,368 | 109,996,589 | 109,675,310 | 108,204,960 | 105,305,957 | 107,028,201 | 106,393,429 | 100,246,972 | 31,445,631 | 31,614,242 | 31,494,291 | 30,893,000 | 30,257,410 | 30,380,154 | 30,284,421 | 29,827,927 | 29,020,645 | 29,281,701 | 28,920,314 | 28,362,479 | 27,467,440 | 27,595,461 | 27,321,837 | 26,951,205 | 26,406,312 | 26,492,313 | 26,273,380 | 26,117,073 | 25,367,347 | 24,875,227 | 24,741,306 | 21,242,313 | 24,516,417 | 24,455,259 | 11,082,770 | |
income taxes | -2,983,000 | -1,814,000 | -4,239,000 | -3,968,000 | -3,047,000 | -4,938,000 | -3,371,000 | -1,402,000 | -1,087,000 | -2,504,000 | -7,446,000 | -2,961,000 | -5,025,000 | -5,566,000 | -1,698,000 | -1,414,000 | -3,023,000 | -1,525,000 | -915,000 | -559,000 | -7,295,000 | -220,000 | -384,000 | -213,000 | -801,000 | -530,000 | -547,000 | -510,000 | 1,264,000 | -583,000 | -567,000 | -527,000 | -810,000 | -685,000 | -641,000 | -323,000 | -350,000 | -272,000 | -303,000 | -206,000 | -144,000 | -276,000 | -188,000 | -78,000 | 179,000 | -296,000 | -155,000 | -104,000 | |
subscriptions | 129,164,000 | 97,679,000 | 91,090,000 | 82,974,000 | 116,727,000 | 96,052,000 | 84,380,000 | 68,985,000 | 96,025,000 | 70,026,000 | 58,063,000 | 44,828,000 | 62,653,000 | 44,084,000 | 34,086,000 | 20,365,000 | 31,561,000 | 23,327,000 | 14,837,000 | 7,005,000 | |||||||||||||||||||||||||||||
financial income (expenses) | 4,270,000 | 2,431,000 | 2,976,000 | 736,000 | -1,022,000 | -1,845,000 | 1,453,000 | 156,000 | -482,000 | 65,000 | -128,000 | -811,000 | 321,000 | 622,000 | 950,000 | -605,000 | 645,000 | ||||||||||||||||||||||||||||||||
perpetual licenses | 940,000 | 324,000 | 340,000 | 286,000 | 472,000 | 373,000 | 240,000 | 388,000 | 6,789,000 | 8,269,000 | 11,514,000 | 15,521,000 | |||||||||||||||||||||||||||||||||||||
financial expenses | -4,087,000 | -3,234,000 | -3,802,000 | -736,250 | -2,553,000 | -739,000 | -187,000 | -780,000 | -104,000 | -806,000 | -944,000 | ||||||||||||||||||||||||||||||||||||||
operating costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||
licenses | 53,275,000 | 35,804,000 | 33,460,000 | 25,074,000 | 46,626,000 | 29,409,000 | 28,420,000 | 19,155,000 | 34,696,000 | 22,591,000 | 21,742,000 | 13,844,000 | 28,242,000 | 16,862,000 | 16,011,000 | 10,158,000 | 21,706,000 | 14,239,000 | 14,422,000 | 8,053,000 | |||||||||||||||||||||||||||||
financial income (expenses) and other | 402,000 | 74,000 | |||||||||||||||||||||||||||||||||||||||||||||||
financial expenses and other | -1,041,000 | -38,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 179,339,000 | 202,482,000 | 157,354,000 | 199,231,000 | 153,107,000 | 185,585,000 | 282,218,000 | 155,403,000 | 147,051,000 | 230,740,000 | 111,196,000 | 399,196,000 | 248,585,000 | 367,800,000 | 754,245,000 | 753,172,000 | 775,719,000 | 805,761,000 | 803,144,000 | 781,357,000 | 753,606,000 | 234,092,000 | 231,458,000 | 239,979,000 | 77,533,000 | 68,929,000 | 52,984,000 | 69,159,000 | 64,461,000 | 48,707,000 | 67,868,000 | 73,636,000 | 70,778,000 | 56,689,000 | 53,478,000 | 53,539,000 | 51,070,000 | 48,315,000 | 41,688,000 | 56,102,000 | 54,455,000 | 49,241,000 | 69,927,000 | 69,778,000 | 77,919,000 | 76,593,000 | 115,237,000 | 120,128,000 | 125,496,000 |
marketable securities | 568,190,000 | 681,225,000 | 513,935,000 | 571,630,000 | 414,524,000 | 343,383,000 | 562,568,000 | 427,065,000 | 355,743,000 | 253,175,000 | 337,705,000 | 277,419,000 | 280,835,000 | 236,338,000 | 25,235,000 | 28,735,000 | 28,372,000 | 8,010,000 | 20,035,000 | 28,080,000 | 34,117,000 | 34,112,000 | 26,116,000 | 33,737,000 | 41,531,000 | 41,397,000 | 35,845,000 | 37,842,000 | 39,770,000 | ||||||||||||||||||||
short-term deposits | 38,380,000 | 37,259,000 | 36,632,000 | 36,587,000 | 41,588,000 | 39,450,000 | 34,174,000 | 44,846,000 | 45,280,000 | 49,800,000 | 76,186,000 | 77,139,000 | 226,850,000 | 128,350,000 | 10,871,000 | 6,856,000 | 1,850,000 | 2,276,000 | 12,276,000 | 42,284,000 | 30,053,000 | 60,000,000 | 60,000,000 | 15,000,000 | 10,000,000 | 37,000,000 | 41,328,000 | 61,328,000 | 70,438,000 | 70,250,000 | 65,493,000 | 70,353,000 | 52,353,000 | 57,353,000 | 57,103,000 | 35,102,000 | 35,102,000 | 35,102,000 | 35,102,000 | 102,000 | 102,000 | 357,000 | |||||||
accounts receivable | 156,617,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other short-term assets | 138,511,000 | 134,767,000 | 110,837,000 | 111,212,000 | 85,292,000 | 116,824,000 | 76,206,000 | ||||||||||||||||||||||||||||||||||||||||||
total current assets | 1,081,037,000 | 1,298,555,000 | 961,386,000 | 1,068,363,000 | 818,090,000 | 878,074,000 | 1,074,369,000 | 816,144,000 | 707,759,000 | 767,157,000 | 686,082,000 | 905,324,000 | 876,044,000 | 905,657,000 | 916,593,000 | 906,592,000 | 903,507,000 | 959,207,000 | 911,549,000 | 896,956,000 | 899,836,000 | 419,848,000 | 401,131,000 | 390,429,000 | 177,299,000 | 208,557,000 | 198,297,000 | 207,130,000 | 220,326,000 | 259,090,000 | 225,685,000 | 217,001,000 | 205,071,000 | 219,283,000 | 178,621,000 | 170,462,000 | 156,578,000 | 171,319,000 | 146,098,000 | 144,571,000 | 140,827,000 | 156,402,000 | 136,338,000 | 136,597,000 | 136,018,000 | 152,526,000 | 137,981,000 | 140,439,000 | 141,916,000 |
long-term assets: | |||||||||||||||||||||||||||||||||||||||||||||||||
long-term marketable securities | 113,614,000 | 187,202,000 | 395,651,000 | 364,203,000 | 591,702,000 | 658,896,000 | 332,329,000 | 162,972,000 | 226,366,000 | 211,063,000 | 206,440,000 | ||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 57,008,000 | 57,677,000 | 59,159,000 | 41,743,000 | 43,535,000 | 45,593,000 | 45,390,000 | 47,209,000 | 49,220,000 | 51,838,000 | |||||||||||||||||||||||||||||||||||||||
property and equipment | 39,566,000 | 36,032,000 | 34,740,000 | 33,088,000 | 31,078,000 | 30,795,000 | 28,908,000 | 30,075,000 | 31,733,000 | 33,964,000 | 34,396,000 | 36,602,000 | 37,643,000 | 39,043,000 | 38,188,000 | 39,636,000 | 39,495,000 | 38,298,000 | 34,163,000 | 34,621,000 | 35,930,000 | 37,163,000 | 36,019,000 | 36,566,000 | 36,849,000 | 36,338,000 | 27,188,000 | 24,351,000 | 21,065,000 | 17,323,000 | 12,593,000 | 12,342,000 | 12,180,000 | 11,896,000 | 11,512,000 | 11,160,000 | 10,786,000 | 9,910,000 | 9,231,000 | 8,646,000 | 8,490,000 | 8,265,000 | 7,832,000 | 6,426,000 | 5,474,000 | 3,989,000 | 2,737,000 | 2,610,000 | 2,210,000 |
intangible assets | 56,596,000 | 16,687,000 | 17,332,000 | 5,844,000 | 6,014,000 | 119,000 | 500,000 | 881,000 | 1,263,000 | 1,644,000 | 2,025,000 | 2,406,000 | 2,788,000 | 3,169,000 | 3,550,000 | 3,931,000 | 4,313,000 | 4,695,000 | 5,078,000 | 5,462,000 | 5,846,000 | ||||||||||||||||||||||||||||
goodwill | 216,801,000 | 135,276,000 | 135,176,000 | 39,750,000 | 39,750,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | 23,135,000 | |||||||||||||||||||||||||||
other assets | 69,955,000 | 60,183,000 | 61,562,000 | 62,021,000 | 46,925,000 | 27,782,000 | 16,904,000 | 14,780,000 | 14,560,000 | 15,490,000 | 16,333,000 | 15,888,000 | 16,400,000 | 16,337,000 | 18,666,000 | 18,862,000 | 20,143,000 | 19,835,000 | 19,717,000 | 19,988,000 | 19,444,000 | 21,566,000 | 21,686,000 | 20,007,000 | 19,026,000 | 18,360,000 | 15,621,000 | 13,149,000 | 12,180,000 | 8,565,000 | 7,601,000 | 7,724,000 | 7,674,000 | 973,000 | 861,000 | 818,000 | 778,000 | 609,000 | 545,000 | 511,000 | 494,000 | 477,000 | 475,000 | 570,000 | 326,000 | 332,000 | 950,000 | 295,000 | 380,000 |
total long-term assets | 553,540,000 | 493,057,000 | 703,620,000 | 546,649,000 | 759,004,000 | 786,201,000 | 446,785,000 | 278,671,000 | 345,895,000 | 336,753,000 | 334,627,000 | 131,569,000 | 135,276,000 | 138,075,000 | 141,915,000 | 145,695,000 | 148,055,000 | 149,330,000 | 146,933,000 | 135,376,000 | 137,971,000 | 135,634,000 | 101,388,000 | 107,867,000 | 109,683,000 | 109,755,000 | 99,855,000 | 96,890,000 | 85,120,000 | 25,888,000 | 20,194,000 | 20,066,000 | 19,854,000 | 12,869,000 | 12,373,000 | 11,978,000 | 11,564,000 | 10,519,000 | 9,776,000 | 9,157,000 | 8,984,000 | 8,742,000 | 8,307,000 | 6,996,000 | 5,800,000 | 4,321,000 | 3,687,000 | 2,905,000 | 2,590,000 |
total assets | 1,634,577,000 | 1,791,612,000 | 1,665,006,000 | 1,615,012,000 | 1,577,094,000 | 1,664,275,000 | 1,521,154,000 | 1,094,815,000 | 1,053,654,000 | 1,103,910,000 | 1,020,709,000 | 1,036,893,000 | 1,011,320,000 | 1,043,732,000 | 1,058,508,000 | 1,052,287,000 | 1,051,562,000 | 1,108,537,000 | 1,058,482,000 | 1,032,332,000 | 1,037,807,000 | 555,482,000 | 502,519,000 | 498,296,000 | 286,982,000 | 318,312,000 | 298,152,000 | 304,020,000 | 305,446,000 | 284,978,000 | 245,879,000 | 237,067,000 | 224,925,000 | 232,152,000 | 190,994,000 | 182,440,000 | 168,142,000 | 181,838,000 | 155,874,000 | 153,728,000 | 149,811,000 | 165,144,000 | 144,645,000 | 143,593,000 | 141,818,000 | 156,847,000 | 141,668,000 | 143,344,000 | 144,506,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||
trade payables | 10,762,000 | 5,735,000 | 5,261,000 | 7,115,000 | 6,274,000 | 4,313,000 | 1,489,000 | 2,532,000 | 2,899,000 | 672,000 | 1,328,000 | 680,000 | 708,000 | 2,962,000 | 5,989,000 | 4,757,000 | 4,771,000 | 5,324,000 | 3,446,000 | 3,167,000 | 637,000 | 850,000 | 767,000 | 678,000 | 823,000 | 997,000 | 2,999,000 | 2,299,000 | 624,000 | 2,620,000 | 3,145,000 | 1,899,000 | 483,000 | 635,000 | 1,366,000 | 1,348,000 | 1,582,000 | 1,288,000 | 944,000 | 2,074,000 | 702,000 | 2,215,000 | 2,584,000 | 2,122,000 | 2,703,000 | 2,754,000 | 2,300,000 | 2,089,000 | |
accrued expenses and other short-term liabilities | 211,469,000 | 225,411,000 | 193,074,000 | 190,344,000 | 156,780,000 | 164,930,000 | 123,256,000 | 123,014,000 | 109,202,000 | 125,057,000 | 119,780,000 | 123,343,000 | 107,338,000 | 115,231,000 | 109,250,000 | 105,782,000 | 92,560,000 | 102,226,000 | 91,917,000 | 91,973,000 | 87,026,000 | 83,198,000 | 66,483,000 | 65,094,000 | 59,994,000 | 62,607,000 | 53,694,000 | ||||||||||||||||||||||
deferred revenues | 416,383,000 | 427,811,000 | 333,578,000 | 322,791,000 | 296,142,000 | 290,113,000 | 217,605,000 | 208,907,000 | 185,086,000 | 181,049,000 | 145,453,000 | 130,727,000 | 109,297,000 | 110,550,000 | 94,190,000 | 98,369,000 | 98,763,000 | 104,221,000 | 86,253,000 | 86,421,000 | 91,596,000 | 98,588,000 | 81,192,000 | 79,129,000 | 84,331,000 | 95,975,000 | 76,978,000 | 79,078,000 | 81,844,000 | 87,729,000 | 72,544,000 | 71,663,000 | 68,481,000 | 73,891,000 | 58,383,000 | 57,457,000 | 54,576,000 | 58,478,000 | 46,434,000 | 44,953,000 | 43,201,000 | 34,950,000 | 33,589,000 | 31,891,000 | 33,753,000 | 25,914,000 | 25,868,000 | 25,189,000 | |
total current liabilities | 638,614,000 | 658,957,000 | 531,913,000 | 771,398,000 | 710,108,000 | 709,885,000 | 593,975,000 | 334,453,000 | 297,187,000 | 306,778,000 | 266,561,000 | 254,750,000 | 217,343,000 | 228,743,000 | 209,429,000 | 208,908,000 | 196,094,000 | 211,771,000 | 181,616,000 | 181,561,000 | 179,259,000 | 182,636,000 | 148,442,000 | 144,901,000 | 145,148,000 | 159,579,000 | 133,671,000 | 135,171,000 | 132,769,000 | 146,340,000 | 121,793,000 | 119,055,000 | 105,154,000 | 116,979,000 | 91,915,000 | 89,574,000 | 77,737,000 | 88,245,000 | 69,575,000 | 69,741,000 | 62,021,000 | 56,220,000 | 53,040,000 | 48,493,000 | 53,210,000 | 43,549,000 | 41,051,000 | 38,720,000 | |
long-term liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||
convertible senior notes | 452,769,000 | 251,148,000 | 250,912,000 | 250,529,000 | 251,625,000 | 251,239,000 | 250,860,000 | 250,477,000 | 250,096,000 | 249,716,000 | 249,339,000 | 248,963,000 | 248,589,000 | 248,216,000 | 247,846,000 | 225,330,000 | 223,584,000 | 221,857,000 | 220,149,000 | 218,460,000 | 216,791,000 | 215,144,000 | |||||||||||||||||||||||||||
operating lease liabilities | 58,431,000 | 59,749,000 | 59,921,000 | 39,865,000 | 40,559,000 | 42,789,000 | 43,654,000 | 45,414,000 | 48,009,000 | 51,313,000 | 51,433,000 | ||||||||||||||||||||||||||||||||||||||
other liabilities | 8,183,000 | 7,585,000 | 8,653,000 | 10,895,000 | 7,812,000 | 3,491,000 | 3,676,000 | 5,081,000 | 4,846,000 | 4,808,000 | 7,891,000 | 7,505,000 | 5,985,000 | 4,771,000 | 7,191,000 | 4,472,000 | 3,680,000 | 3,583,000 | 4,122,000 | 3,756,000 | 3,274,000 | 2,997,000 | 2,689,000 | 2,490,000 | 2,712,000 | 2,701,000 | 2,555,000 | 2,694,000 | 2,997,000 | 6,781,000 | 7,651,000 | 7,933,000 | 8,045,000 | 6,561,000 | 5,283,000 | 5,273,000 | 5,429,000 | 5,628,000 | 5,681,000 | 5,393,000 | 5,552,000 | 5,163,000 | 4,820,000 | 4,182,000 | 3,698,000 | 445,000 | 15,000 | 17,000 | |
total long-term liabilities | 542,450,000 | 533,999,000 | 528,258,000 | 502,115,000 | 499,243,000 | 498,734,000 | 498,619,000 | 301,756,000 | 304,118,000 | 307,484,000 | 309,575,000 | 311,434,000 | 312,699,000 | 312,864,000 | 316,772,000 | 316,947,000 | 319,690,000 | 300,173,000 | 299,896,000 | 280,385,000 | 279,958,000 | 278,775,000 | 271,157,000 | 274,865,000 | 61,793,000 | 65,201,000 | 66,711,000 | 68,655,000 | 62,682,000 | 13,268,000 | 14,025,000 | 14,207,000 | 14,292,000 | 13,595,000 | 12,035,000 | 10,634,000 | 11,135,000 | 10,854,000 | 9,976,000 | 9,616,000 | 9,944,000 | 9,572,000 | 9,317,000 | 8,856,000 | 8,611,000 | 4,973,000 | 3,601,000 | 3,519,000 | |
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||
share capital | |||||||||||||||||||||||||||||||||||||||||||||||||
trade receivables | 242,822,000 | 142,628,000 | 149,703,000 | 123,579,000 | 192,832,000 | 119,203,000 | 122,412,000 | 100,441,000 | 169,116,000 | 111,084,000 | 103,668,000 | 75,393,000 | 135,979,000 | 91,685,000 | 83,929,000 | 63,604,000 | 117,179,000 | 71,382,000 | 60,145,000 | 51,302,000 | 94,229,000 | 60,111,000 | 48,766,000 | 38,265,000 | 75,050,000 | 51,866,000 | 45,563,000 | 41,796,000 | 83,223,000 | 52,938,000 | 41,393,000 | 32,468,000 | 75,596,000 | 44,680,000 | 41,313,000 | 27,466,000 | 53,861,000 | 30,125,000 | 33,493,000 | 24,400,000 | 47,436,000 | 28,186,000 | 28,949,000 | 20,643,000 | 37,869,000 | 21,146,000 | 18,854,000 | 14,254,000 | |
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2025 and december 31, 2024; issued and outstanding: 117,546,852 shares at december 31, 2025 and 112,550,156 shares at december 31, 2024 | 118,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 23,132,000 | 2,676,000 | -9,557,000 | 6,083,000 | 2,528,000 | 3,093,000 | 4,191,000 | 9,371,000 | 3,665,000 | 3,536,000 | 291,000 | 771,000 | 258,000 | -3,633,000 | -1,742,000 | -2,838,000 | -1,973,000 | 136,000 | 1,009,000 | 2,128,000 | 1,645,000 | 379,000 | 48,000 | 893,000 | 67,000 | 610,000 | 47,000 | ||||||||||||||||||||||
additional paid-in capital | 1,444,885,000 | 1,193,022,000 | 1,142,578,000 | 1,055,048,000 | 1,018,005,000 | 976,995,000 | 946,532,000 | 920,691,000 | 395,410,000 | 370,933,000 | 347,447,000 | 327,881,000 | 310,682,000 | 299,051,000 | 285,001,000 | 271,260,000 | 266,941,000 | 256,210,000 | 243,733,000 | 231,860,000 | 223,868,000 | 213,995,000 | 204,751,000 | 197,237,000 | 189,335,000 | 185,583,000 | 179,574,000 | 175,711,000 | 169,828,000 | 166,744,000 | 164,711,000 | 162,478,000 | 160,484,000 | 159,087,000 | 158,092,000 | ||||||||||||||
accumulated deficit | -869,479,000 | -740,155,000 | -644,390,000 | -543,474,000 | -427,603,000 | -402,660,000 | -379,346,000 | -310,742,000 | -291,710,000 | -272,485,000 | -248,162,000 | -216,732,000 | -202,082,000 | -185,095,000 | -160,607,000 | -137,968,000 | -144,436,000 | -137,119,000 | -124,437,000 | -122,454,000 | -127,988,000 | -124,674,000 | -119,639,000 | -106,144,000 | -109,666,000 | -105,277,000 | -98,784,000 | -91,068,000 | -86,143,000 | -79,821,000 | -67,151,000 | -66,820,000 | -60,466,000 | -55,827,000 | |||||||||||||||
total stockholders’ equity | 598,656,000 | 455,656,000 | 489,648,000 | 502,125,000 | 596,593,000 | 94,071,000 | 82,920,000 | 78,530,000 | 80,041,000 | 93,532,000 | 97,770,000 | 100,194,000 | 109,995,000 | 125,370,000 | 110,061,000 | 103,805,000 | 105,479,000 | 101,578,000 | 87,044,000 | 82,232,000 | 79,270,000 | 82,739,000 | 76,323,000 | 74,371,000 | 77,846,000 | 78,853,000 | 81,236,000 | 84,469,000 | 95,026,000 | 93,146,000 | 98,692,000 | 102,267,000 | |||||||||||||||||
total liabilities and stockholders’ equity | 1,791,612,000 | 1,664,275,000 | 1,103,910,000 | 1,043,732,000 | 1,108,537,000 | 555,482,000 | 498,296,000 | 286,982,000 | 318,312,000 | 298,152,000 | 304,020,000 | 305,446,000 | 284,978,000 | 245,879,000 | 237,067,000 | 224,925,000 | 232,152,000 | 190,994,000 | 182,440,000 | 168,142,000 | 181,838,000 | 155,874,000 | 153,728,000 | 149,811,000 | 144,645,000 | 143,593,000 | 141,818,000 | ||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2024 and december 31, 2023; issued and outstanding: 112,550,156 shares at december 31, 2024 and 109,103,721 shares at december 31, 2023 | 113,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 66,418,000 | 59,244,000 | 64,326,000 | 49,911,000 | 47,902,000 | 44,381,000 | 37,190,000 | 34,557,000 | 33,900,000 | 35,812,000 | 34,417,000 | 26,737,000 | 23,143,000 | 24,564,000 | 27,357,000 | 15,450,000 | 15,568,000 | 12,764,000 | 13,047,000 | 15,050,000 | 15,235,000 | 14,899,000 | 16,952,000 | 14,665,000 | 16,927,000 | 18,933,000 | 7,130,000 | 5,500,000 | 7,571,000 | 7,792,000 | 3,650,000 | 3,932,000 | 2,623,000 | 4,619,000 | 2,622,000 | 3,123,000 | 2,768,000 | 2,354,000 | 2,962,000 | 1,496,000 | 1,355,000 | 1,610,000 | |||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2023 and december 31, 2022; issued and outstanding: 109,103,721 shares at december 31, 2023 and 107,673,052 shares at december 31, 2022 | 109,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -8,649,000 | -449,000 | -688,000 | -479,000 | -446,000 | -326,000 | -542,000 | -22,000 | |||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use asset | 52,679,000 | 53,919,000 | 55,692,000 | 56,772,000 | 58,757,000 | 60,512,000 | 61,351,000 | 63,749,000 | 65,223,000 | 52,554,000 | 54,000,000 | 47,924,000 | 43,683,000 | 51,294,000 | 53,808,000 | 55,057,000 | 57,046,000 | 59,390,000 | 51,875,000 | ||||||||||||||||||||||||||||||
operating lease liability | 53,565,000 | 55,993,000 | 57,627,000 | 58,867,000 | 61,982,000 | 65,786,000 | 68,694,000 | 70,318,000 | 52,720,000 | 54,383,000 | 54,540,000 | 48,377,000 | 53,539,000 | 54,580,000 | 57,040,000 | 58,667,000 | 59,842,000 | 52,697,000 | |||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2023 and december 31, 2022; issued and outstanding: 109,818,559 shares at june 30, 2023 and 107,673,052 shares at december 31, 2022 | 110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2023 and december 31, 2022; issued and outstanding: 109,791,863 shares at march 31, 2023 and 107,673,052 shares at december 31, 2022 | 110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2022 and december 31, 2021; issued and outstanding: 107,673,052 shares at december 31, 2022 and 107,509,096 shares at december 31, 2021 | 108,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2022 and december 31, 2021; issued and outstanding: 110,213,856 shares at september 30, 2022 and 107,509,096 shares at december 31, 2021 | 110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2022 and december 31, 2021; issued and outstanding: 109,886,197 shares at june 30, 2022 and 107,509,096 shares at december 31, 2021 | 110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2022 and december 31, 2021; issued and outstanding: 109,566,197 shares at march 31, 2022 and 107,509,096 shares at december 31, 2021 | 110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2021 and december 31, 2020; issued and outstanding: 107,509,096 shares at december 31, 2021 and 95,456,862 shares at december 31, 2020 | 108,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2021 and december 31, 2020; issued and outstanding: 107,321,063 shares at september 30, 2021 and 95,456,862 shares at december 31, 2020 | 107,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2021 and december 31, 2020; issued and outstanding: 106,914,031 shares at june 30, 2021 and 95,456,862 shares at december 31, 2020 | 107,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2021 and december 31, 2020; issued and outstanding: 106,147,395 shares at march 31, 2021 and 95,456,862 shares at december 31, 2020 | 106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2020 and december 31, 2019; issued and outstanding: 31,818,954 shares at december 31, 2020 and 30,583,311 shares at december 31, 2019 | 32,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2020 and december 31, 2019; issued and outstanding: 31,725,314 shares at september 30, 2020 and 30,583,311 shares at december 31, 2019 | 32,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2020 and december 31, 2019; issued and outstanding: 31,543,519 shares at june 30, 2020 and 30,583,311 shares at december 31, 2019 | 32,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2020 and december 31, 2019; issued and outstanding: 31,466,270 shares at march 31, 2020 and 30,583,311 shares at december 31, 2019 | 31,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2019 and december 31, 2018; issued and outstanding: 30,583,311 shares at december 31, 2019 and 29,576,880 shares at december 31, 2018 | 31,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2019 and december 31, 2018; issued and outstanding: 30,482,452 shares at september 30, 2019 and 29,576,880 shares at december 31, 2018 | 30,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other short term liabilities | 53,794,000 | 50,301,000 | 55,991,000 | 46,104,000 | 45,493,000 | 36,190,000 | 42,453,000 | 32,166,000 | 30,769,000 | 21,579,000 | 28,479,000 | 16,754,000 | |||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2019 and december 31, 2018; issued and outstanding: 30,327,027 shares at june 30, 2019 and 29,576,880 shares at december 31, 2018 | 30,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2019 and december 31, 2018; issued and outstanding: 30,263,237 shares at march 31, 2019 and 29,576,880 shares at december 31, 2018 | 30,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at december 31, 2018 and 2017; issued and outstanding: 29,576,880 shares at december 31, 2018 and 28,146,162 shares at december 31, 2017 | 30,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 90,214,000 | 85,045,000 | 82,892,000 | 79,868,000 | 74,963,000 | 68,039,000 | |||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2018 and december 31, 2017; issued and outstanding: 29,424,275 shares at september 30, 2018 and 28,146,162 shares at december 31, 2017 | 29,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2018 and december 31, 2017; issued and outstanding: 29,218,030 shares at june 30, 2018 and 28,146,162 shares at december 31, 2017 | 29,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2018 and december 31, 2017; issued and outstanding: 28,748,631 shares at march 31, 2018 and 28,146,162 shares at december 31, 2017 | 29,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value—authorized: 200,000,000 shares at december 31, 2017 and 2016; issued and outstanding: 28,146,162 shares at december 31, 2017 and 26,821,762 shares at december 31, 2016 | 28,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
severance pay | 1,705,000 | 1,472,000 | 1,445,000 | 1,664,000 | 1,556,000 | 1,549,000 | 1,524,000 | 1,478,000 | 1,466,000 | 1,449,000 | 1,449,000 | 1,445,000 | 1,440,000 | 1,415,000 | |||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2017 and december 31, 2016; issued and outstanding: 27,826,524 shares at september 30, 2017 and 26,821,762 shares at december 31, 2016 | 28,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2017 and december 31, 2016; issued and outstanding: 27,468,395 shares at june 30, 2017 and 26,821,762 shares at december 31, 2016 | 27,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2017 and december 31, 2016; issued and outstanding: 27,204,790 shares at march 31, 2017 and 26,821,762 shares at december 31, 2016 | 27,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value—authorized: 200,000,000 shares at december 31, 2016 and 2015; issued and outstanding: 26,821,762 shares at december 31, 2016 and 26,069,154 shares at december 31, 2015 | 27,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | 22,197,000 | 22,714,000 | 18,118,000 | 19,055,000 | 16,867,000 | 14,480,000 | 14,881,000 | 12,883,000 | 11,442,000 | ||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2016 and december 31, 2015; issued and outstanding: 26,668,745 shares at september 30, 2016 and 26,069,154 shares at december 31, 2015 | 27,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2016 and december 31, 2015; issued and outstanding: 26,373,417 shares at june 30, 2016 and 26,069,154 shares at december 31, 2015 | 26,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2016 and december 31, 2015; issued and outstanding: 26,202,892 shares at march 31, 2016 and 26,069,154 shares at december 31, 2015 | 26,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
45 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2015 and december 31, 2014; issued and outstanding: 25,747,570 shares at september 30, 2015 and 24,685,604 shares at december 31, 2014 | 26,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2015 and december 31, 2014; issued and outstanding: 24,908,121 shares at june 30, 2015 and 24,685,604 shares at december 31, 2014 | 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2015 and december 31, 2014; issued and outstanding: 24,844,646 shares at march 31, 2015 and 24,685,604 shares at december 31, 2014 | 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 199,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, convertible preferred stock and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||
warrants to purchase convertible preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingent liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred a, b, c, d and e stock of 0.001 par value—authorized: no shares at december 31, 2014 and 16,986,384 shares at december 31, 2013; issued and outstanding: no shares at december 31, 2014 and 15,082,141 shares at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value—authorized: 200,000,000 shares at december 31, 2014 and 26,000,000 shares at december 31, 2013; issued and outstanding: 24,685,604 shares at december 31, 2014 and 3,953,314 shares at december 31, 2013 | 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, convertible preferred stock and stockholders’ equity | 156,847,000 | 141,668,000 | 143,344,000 | 144,506,000 | |||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock: | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred a, b, c, d and e stock of 0.001 par value - authorized: no shares at september 30, 2014 and 16,986,384 shares at december 31, 2013; issued and outstanding: no shares at september 30, 2014 and 15,082,141 shares at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at september 30, 2014 and 26,000,000 at december 31, 2013; issued and outstanding: 24,564,444 shares at september 30, 2014 and 3,953,314 shares at december 31, 2013 | 24,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
preferred a, b, c, d and e stock of 0.001 par value - authorized: no shares at june 30, 2014 and 16,986,384 shares at december 31, 2013; issued and outstanding: no shares at june 30, 2014 and 15,082,141 shares at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at june 30, 2014 and 26,000,000 at december 31, 2013; issued and outstanding: 24,456,389 shares at june 30, 2014 and 3,953,314 shares at december 31, 2013 | 24,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
preferred a, b, c, d and e stock of 0.001 par value - authorized: no shares at march 31, 2014 and 16,986,384 shares at december 31, 2013; issued and outstanding: no shares at march 31, 2014 and 15,082,141 shares at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock of 0.001 par value - authorized: 200,000,000 shares at march 31, 2014 and 26,000,000 at december 31, 2013; issued and outstanding: 24,453,983 shares at march 31, 2014 and 3,953,314 shares at december 31, 2013 | 24,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 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 loss | -36,854,000 | -27,775,000 | -29,942,000 | -35,824,000 | -35,783,000 | -12,994,000 | -18,333,000 | -23,948,000 | -40,490,000 | -898,000 | -23,017,000 | -38,697,000 | -38,304,000 | -10,748,000 | -28,717,000 | -36,290,000 | -48,763,000 | -24,943,000 | -23,314,000 | -32,948,000 | -35,656,000 | -19,032,000 | -19,225,000 | -24,323,000 | -31,430,000 | -14,650,000 | -16,987,000 | -24,488,000 | -22,639,000 | 6,468,000 | -7,317,000 | -12,683,000 | -15,046,000 | 5,534,000 | -3,314,000 | -5,035,000 | -10,879,000 | 3,522,000 | -4,389,000 | -6,493,000 | -10,350,000 | 2,634,000 | -4,925,000 | -6,322,000 | -12,670,000 | -331,000 | -6,354,000 | -4,639,000 | -8,074,000 |
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 4,354,000 | 4,345,000 | 2,976,000 | 2,569,000 | 2,419,000 | 2,583,000 | 2,776,000 | 2,858,000 | 2,909,000 | 2,967,000 | 2,929,000 | 2,916,000 | 2,891,000 | 4,051,000 | 2,948,000 | 2,498,000 | 2,679,000 | 2,617,000 | 2,815,000 | ||||||||||||||||||||||||||||||
stock-based compensation | 33,739,000 | 32,578,000 | 31,550,000 | 33,859,000 | 32,255,000 | 32,569,000 | 31,931,000 | 30,089,000 | 32,093,000 | 31,643,000 | 32,980,000 | 39,385,000 | 35,811,000 | 34,806,000 | 34,300,000 | 37,758,000 | 35,998,000 | 38,110,000 | 24,422,000 | 25,868,000 | 21,379,000 | 19,401,000 | 18,678,000 | 17,623,000 | 12,883,000 | 11,360,000 | 11,022,000 | 14,796,000 | 8,961,000 | 10,787,000 | 8,399,000 | 8,848,000 | 6,927,000 | 5,390,000 | 4,782,000 | 5,259,000 | 4,404,000 | 3,483,000 | 3,458,000 | 3,373,000 | 2,624,000 | 2,090,000 | 2,057,000 | 1,962,000 | 1,685,000 | 1,826,000 | 1,214,000 | 978,000 | 646,000 |
amortization of deferred commissions | 15,971,000 | 12,962,000 | 13,817,000 | 13,788,000 | 11,353,000 | 34,486,000 | 5,408,000 | 6,566,000 | 7,932,000 | 3,984,000 | 5,023,000 | 9,062,000 | 3,462,000 | 5,066,000 | 5,312,000 | 5,766,000 | 6,120,000 | 2,636,000 | 3,442,000 | 3,912,000 | 4,157,000 | 3,554,000 | 3,769,000 | 2,534,000 | 3,249,000 | 3,100,000 | 3,394,000 | 3,510,000 | 3,626,000 | 3,467,000 | 3,277,000 | 3,116,000 | 3,325,000 | ||||||||||||||||
non-cash operating lease costs | 2,482,000 | 2,617,000 | 2,490,000 | 2,476,000 | 2,476,000 | 2,476,000 | 2,328,000 | 2,328,000 | 2,394,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 510,000 | 505,000 | 697,000 | 887,000 | 887,000 | 880,000 | 496,000 | 385,000 | 383,000 | 379,000 | 378,000 | 376,000 | |||||||||||||||||||||||||||||||||||||
amortization of premium and accretion of discount on marketable securities | 882,000 | 1,056,000 | 797,000 | 315,000 | 99,000 | -1,402,000 | -3,677,000 | -3,868,000 | -3,743,000 | -3,797,000 | -2,833,000 | -1,431,000 | -1,293,000 | ||||||||||||||||||||||||||||||||||||
deferred income taxes | -9,134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
remeasurement of options to repurchase common stock | 2,091,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 86,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other short-term assets | -2,547,000 | 3,048,000 | 2,781,000 | -9,650,000 | 11,077,000 | -24,443,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred commissions | -19,748,000 | -33,135,000 | -22,139,000 | -21,989,000 | -13,603,000 | -35,974,000 | -8,549,000 | -7,938,000 | -7,359,000 | -3,626,000 | -5,915,000 | -9,390,000 | -3,033,000 | -4,523,000 | -3,615,000 | -6,953,000 | -6,942,000 | -7,499,000 | -4,911,000 | -4,868,000 | -3,873,000 | -5,959,000 | -5,357,000 | -5,579,000 | -2,236,000 | -5,731,000 | -4,858,000 | -3,673,000 | -4,870,000 | -5,444,000 | -4,040,000 | -3,390,000 | -2,434,000 | ||||||||||||||||
other long-term assets | -11,253,000 | -855,000 | 841,000 | -1,132,000 | 12,000 | 476,000 | -71,000 | 78,000 | -136,000 | 386,000 | -516,000 | 142,000 | -589,000 | -836,000 | 244,000 | 735,000 | 359,000 | 585,000 | 56,000 | -137,000 | 900,000 | 1,686,000 | -42,000 | -126,000 | -82,000 | ||||||||||||||||||||||||
trade payables | 5,026,000 | 474,000 | -2,047,000 | 841,000 | 1,961,000 | 2,824,000 | -1,043,000 | -367,000 | 2,227,000 | -656,000 | 648,000 | -28,000 | -2,254,000 | -3,027,000 | 1,232,000 | -14,000 | -553,000 | 1,878,000 | 279,000 | 2,530,000 | -213,000 | 51,000 | 90,000 | -295,000 | -174,000 | -2,002,000 | 700,000 | 1,675,000 | -1,996,000 | -525,000 | 1,246,000 | 1,416,000 | -152,000 | -731,000 | 18,000 | -234,000 | 294,000 | 344,000 | -1,130,000 | 1,372,000 | -1,910,000 | 397,000 | -369,000 | 462,000 | -581,000 | -51,000 | 454,000 | 211,000 | -74,000 |
accrued expenses and other short-term liabilities | -14,081,000 | 29,406,000 | 7,467,000 | 32,681,000 | -16,728,000 | 23,199,000 | -1,508,000 | 12,466,000 | -16,840,000 | 12,374,000 | -11,853,000 | 9,995,000 | -15,794,000 | 8,010,000 | -4,662,000 | 39,000 | -12,502,000 | 10,907,000 | 659,000 | -687,000 | -5,029,000 | 17,325,000 | 503,000 | 5,152,000 | -6,922,000 | 6,789,000 | |||||||||||||||||||||||
deferred revenues | -2,785,000 | 97,970,000 | 16,034,000 | 28,082,000 | 5,988,000 | 73,189,000 | 10,205,000 | 23,441,000 | 3,554,000 | 36,327,000 | 14,233,000 | 20,696,000 | -1,374,000 | 15,738,000 | -4,331,000 | -495,000 | -5,646,000 | 18,662,000 | -348,000 | -5,275,000 | -7,618,000 | 16,774,000 | 1,671,000 | -6,011,000 | -12,603,000 | 18,968,000 | -2,730,000 | -3,635,000 | -5,384,000 | 15,298,000 | 981,000 | 3,209,000 | -5,373,000 | 17,495,000 | 2,084,000 | 2,509,000 | -3,203,000 | 12,867,000 | 1,546,000 | 1,558,000 | -2,702,000 | 10,890,000 | 1,261,000 | 1,504,000 | -2,101,000 | 8,220,000 | 983,000 | 738,000 | -1,424,000 |
other long-term liabilities | 183,000 | 829,000 | 546,000 | 571,000 | 458,000 | 34,000 | 144,000 | -45,000 | 173,000 | -2,646,000 | 388,000 | 1,518,000 | 1,214,000 | -2,244,000 | 2,722,000 | 790,000 | 96,000 | 479,000 | 368,000 | 1,932,000 | -1,198,000 | 785,000 | 2,464,000 | 2,240,000 | 4,000 | ||||||||||||||||||||||||
net cash from operating activities | 55,042,000 | 24,684,000 | 33,398,000 | 21,349,000 | 68,000,000 | 24,274,000 | 22,479,000 | 11,724,000 | 56,723,000 | 10,447,000 | 6,333,000 | 5,806,000 | 36,830,000 | 3,434,000 | -1,638,000 | -14,467,000 | 24,542,000 | 338,000 | -4,305,000 | -9,238,000 | 20,383,000 | 7,654,000 | -2,692,000 | -14,678,000 | 3,874,000 | -7,000 | -13,629,000 | -11,102,000 | 14,055,000 | 7,280,000 | -4,118,000 | 2,939,000 | 17,444,000 | 5,505,000 | 3,462,000 | -913,000 | 8,297,000 | 2,811,000 | 2,195,000 | -3,101,000 | 5,442,000 | 1,904,000 | 793,000 | -6,671,000 | 1,245,000 | -2,466,000 | -4,064,000 | -4,917,000 | 4,337,000 |
capital expenditures | -6,019,000 | -4,325,000 | -4,505,000 | -4,027,000 | -2,664,000 | -4,352,000 | -1,226,000 | -819,000 | -297,000 | -2,154,000 | -342,000 | -1,493,000 | -1,110,000 | -3,762,000 | -1,500,000 | -2,639,000 | -3,495,000 | -6,370,000 | -1,974,000 | -1,030,000 | -1,116,000 | -3,115,000 | -2,565,000 | 0 | -2,609,000 | -11,173,000 | -4,341,000 | -4,775,000 | -5,103,000 | -6,406,000 | -1,105,000 | -991,000 | -1,081,000 | -1,742,000 | -1,038,000 | -1,036,000 | -1,498,000 | -1,249,000 | -1,129,000 | -725,000 | -722,000 | -999,000 | -1,767,000 | -1,297,000 | -473,000 | -594,000 | -451,000 | -680,000 | -608,000 |
free cash flows | 49,023,000 | 20,359,000 | 28,893,000 | 17,322,000 | 65,336,000 | 19,922,000 | 21,253,000 | 10,905,000 | 56,426,000 | 8,293,000 | 5,991,000 | 4,313,000 | 35,720,000 | -328,000 | -3,138,000 | -17,106,000 | 21,047,000 | -6,032,000 | -6,279,000 | -10,268,000 | 19,267,000 | 4,539,000 | -5,257,000 | -14,678,000 | 1,265,000 | -11,180,000 | -17,970,000 | -15,877,000 | 8,952,000 | 874,000 | -5,223,000 | 1,948,000 | 16,363,000 | 3,763,000 | 2,424,000 | -1,949,000 | 6,799,000 | 1,562,000 | 1,066,000 | -3,826,000 | 4,720,000 | 905,000 | -974,000 | -7,968,000 | 772,000 | -3,060,000 | -4,515,000 | -5,597,000 | 3,729,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities of marketable securities | 93,840,000 | 40,875,000 | 198,080,000 | 70,000,000 | 56,000,000 | 151,740,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of marketable securities | 90,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
investment in marketable securities | 0 | -171,792,000 | 0 | -57,654,000 | -373,088,000 | -410,654,000 | -34,617,000 | -131,482,000 | -186,297,000 | -271,953,000 | -143,000 | -59,555,000 | -219,819,000 | -29,317,000 | -363,000 | -28,372,000 | |||||||||||||||||||||||||||||||||
proceeds from short-term and long-term deposits | 62,570,000 | 93,863,000 | 59,655,000 | 65,576,000 | 34,174,000 | 9,757,000 | 10,700,000 | 8,039,000 | 6,299,000 | 43,519,000 | 8,913,000 | 158,012,000 | 4,000,000 | 9,079,000 | 5,032,000 | 0 | 1,850,000 | 516,000 | 10,001,000 | ||||||||||||||||||||||||||||||
investment in short-term and long-term deposits | -63,691,000 | -94,490,000 | -59,701,000 | -60,099,000 | -36,289,000 | -15,021,000 | -41,000 | -7,606,000 | -1,586,000 | -17,218,000 | -7,953,000 | -8,152,000 | -102,500,000 | -126,581,000 | -9,055,000 | -5,077,000 | -1,853,000 | 0 | 0 | ||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | -113,619,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -4,971,000 | -3,941,000 | -2,971,000 | -3,377,000 | -2,339,000 | -4,352,000 | -1,226,000 | -819,000 | -297,000 | -2,154,000 | -342,000 | -1,493,000 | -1,110,000 | -3,762,000 | -1,500,000 | -2,639,000 | -3,495,000 | -6,370,000 | -1,974,000 | -1,030,000 | -1,116,000 | -3,115,000 | -2,565,000 | ||||||||||||||||||||||||||
capitalized internal-use software | -1,048,000 | -384,000 | -1,534,000 | -650,000 | -325,000 | ||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | 63,331,000 | 35,923,000 | -81,693,000 | 69,950,000 | -25,017,000 | -119,412,000 | -295,875,000 | -5,002,000 | -111,966,000 | 110,350,000 | -263,335,000 | 152,424,000 | -142,515,000 | -332,283,000 | -2,019,000 | -8,079,000 | -31,870,000 | 2,157,000 | 20,051,000 | 37,016,000 | -4,845,000 | -5,191,000 | -10,637,000 | -39,334,000 | 414,000 | 15,681,000 | -5,574,000 | 17,263,000 | 5,933,000 | -26,386,000 | -6,248,000 | -3,132,000 | -4,422,000 | -6,718,000 | -7,986,000 | 1,127,000 | -6,424,000 | 3,547,000 | -19,161,000 | 4,258,000 | -989,000 | -22,998,000 | -1,672,000 | -1,541,000 | -467,000 | -35,591,000 | -491,000 | -141,000 | 3,401,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock | -135,000,000 | -15,000,000 | 0 | -38,736,000 | -61,264,000 | 0 | -35,923,000 | -5,080,000 | -2,519,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from options to repurchase common stock | 2,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from employee stock plans | 7,970,000 | 0 | 7,186,000 | 0 | 7,163,000 | 0 | 6,290,000 | 3,378,000 | 6,414,000 | 191,000 | 5,457,000 | 36,000 | 5,853,000 | 431,000 | 5,393,000 | 5,000 | 6,111,000 | 122,000 | 6,041,000 | -27,000 | 3,942,000 | -55,000 | 4,078,000 | 3,025,000 | 1,066,000 | 4,483,000 | 4,463,000 | 2,255,000 | 882,000 | 269,000 | 2,552,000 | 490,000 | 761,000 | ||||||||||||||||
taxes paid related to net share settlement of equity awards | -17,386,000 | -732,000 | -631,000 | -6,439,000 | -21,360,000 | -1,031,000 | -656,000 | -1,748,000 | -34,860,000 | -1,444,000 | -532,000 | -2,575,000 | -16,864,000 | -1,583,000 | -663,000 | -6,000 | -28,825,000 | ||||||||||||||||||||||||||||||||
net cash from financing activities | -141,516,000 | -15,479,000 | 6,418,000 | -45,175,000 | -75,461,000 | -1,495,000 | 400,211,000 | 1,630,000 | -28,446,000 | -1,253,000 | -30,998,000 | -7,619,000 | -13,530,000 | -57,596,000 | 4,730,000 | -1,000 | -22,714,000 | 122,000 | 6,041,000 | -27,000 | 503,976,000 | 171,000 | 4,808,000 | 216,458,000 | 4,316,000 | -55,000 | 4,078,000 | 3,025,000 | 1,066,000 | 4,483,000 | 4,463,000 | 2,255,000 | 882,000 | 269,000 | 2,552,000 | 490,000 | 761,000 | 408,000 | 1,028,000 | 71,000 | 548,000 | -587,000 | -336,000 | -310,000 | 108,125,000 | ||||
decrease in cash and cash equivalents | -23,143,000 | -32,478,000 | -83,689,000 | -119,215,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 202,482,000 | 0 | 0 | 0 | 185,585,000 | 0 | 0 | 0 | 230,740,000 | 0 | 0 | 0 | 367,800,000 | 0 | 0 | 0 | 805,761,000 | 0 | 0 | 0 | 234,092,000 | 0 | 0 | 0 | 68,929,000 | 0 | 0 | 48,315,000 | 0 | 0 | 0 | 49,241,000 | 0 | 0 | 0 | 76,593,000 | 0 | 0 | 0 | 9,633,000 | |||||||||
income from options to repurchase common stock | |||||||||||||||||||||||||||||||||||||||||||||||||
acquired in-process research and development | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
trade receivables | -99,088,000 | 7,530,000 | -26,125,000 | 65,129,000 | -73,629,000 | 3,209,000 | -21,971,000 | 68,675,000 | -58,032,000 | -7,416,000 | -28,275,000 | 60,586,000 | -44,294,000 | -7,756,000 | -20,325,000 | 53,575,000 | -45,797,000 | -11,237,000 | -8,843,000 | 42,927,000 | -34,014,000 | -11,345,000 | -10,501,000 | 36,785,000 | -23,184,000 | -6,303,000 | -3,767,000 | 41,427,000 | -30,285,000 | -11,545,000 | -8,925,000 | 43,128,000 | -30,916,000 | -3,367,000 | -13,847,000 | 26,395,000 | -23,736,000 | 3,368,000 | -9,093,000 | 23,036,000 | -19,250,000 | 763,000 | -8,306,000 | 17,226,000 | -16,723,000 | -2,292,000 | -4,600,000 | 14,014,000 | |
purchase of in-process research and development | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of convertible senior notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of issuance costs | -464,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
purchases of capped calls | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 45,128,000 | -41,877,000 | 126,815,000 | -386,445,000 | 1,073,000 | -22,547,000 | -30,042,000 | 2,617,000 | 21,787,000 | 27,751,000 | 519,514,000 | 2,634,000 | -8,521,000 | 162,446,000 | 8,604,000 | -61,000 | 2,469,000 | 2,755,000 | 1,647,000 | 5,214,000 | -20,686,000 | 149,000 | -8,141,000 | 1,326,000 | -38,644,000 | -4,891,000 | -5,368,000 | 115,863,000 | |||||||||||||||||||||
cash and cash equivalents at end of period | 45,128,000 | -41,877,000 | 46,124,000 | 153,107,000 | -96,633,000 | 126,815,000 | 8,352,000 | 147,051,000 | 119,544,000 | -288,000,000 | 150,611,000 | 248,585,000 | -386,445,000 | 1,073,000 | -22,547,000 | 775,719,000 | 2,617,000 | 21,787,000 | 27,751,000 | 753,606,000 | 2,634,000 | -8,521,000 | 162,446,000 | 77,533,000 | -61,000 | 2,469,000 | 51,070,000 | 6,627,000 | -14,414,000 | 1,647,000 | 54,455,000 | -20,686,000 | 149,000 | -8,141,000 | 77,919,000 | -38,644,000 | -4,891,000 | -5,368,000 | 125,496,000 | ||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | -3,240,000 | 894,000 | 5,319,000 | 420,000 | 9,858,000 | 3,831,000 | 2,049,000 | 351,000 | 5,087,000 | 925,000 | 835,000 | 507,000 | 4,861,000 | 300,000 | 524,000 | 2,822,000 | 34,000 | 498,000 | 308,000 | 502,000 | 389,000 | 420,000 | 603,000 | 2,543,000 | 149,000 | 75,000 | 384,000 | 102,000 | 191,000 | 138,000 | 120,000 | 20,000 | 113,000 | 37,000 | 30,000 | 66,000 | 138,000 | 53,000 | 130,000 | 33,000 | 201,000 | 57,000 | 18,000 | 28,000 | |||||
cash paid for interest | 5,000 | 18,000 | 1,584,000 | 1,000 | 1,584,000 | 3,000 | 1,608,000 | 1,000 | 1,583,000 | 1,000 | 1,582,000 | ||||||||||||||||||||||||||||||||||||||
liability related to acquisition holdback | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities arising from obtaining right-of-use assets | 54,000 | 162,000 | 997,000 | 11,000 | 195,000 | 1,171,000 | 248,000 | ||||||||||||||||||||||||||||||||||||||||||
common stock issued for debt conversion | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance costs included in accrued expenses and other short-term liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition, net of cash acquired | 0 | -18,584,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
gain from sale of property and equipment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 0 | 1,000 | 0 | 0 | 25,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -8,350,000 | 4,951,000 | -10,341,000 | -1,053,000 | -2,829,000 | -7,236,000 | -925,000 | -1,995,000 | -666,000 | -2,575,000 | -1,074,000 | -253,000 | 2,494,000 | -1,673,000 | 1,319,000 | -892,000 | -1,312,000 | 342,000 | 1,014,000 | -335,000 | -1,281,000 | -623,000 | -1,005,000 | 2,639,000 | 2,240,000 | -5,806,000 | -2,479,000 | 945,000 | 714,000 | -2,497,000 | -98,000 | -977,000 | 695,000 | -648,000 | 108,000 | -572,000 | 196,000 | 1,064,000 | 251,000 | -250,000 | 302,000 | -284,000 | |||||||
proceeds from sales and maturities of marketable securities | 30,001,000 | 15,100,000 | 272,500,000 | 8,000,000 | 4,200,000 | 16,650,000 | 8,800,000 | 8,011,000 | 12,024,000 | ||||||||||||||||||||||||||||||||||||||||
noncash operating lease costs | 2,381,000 | 2,356,000 | 2,364,000 | 2,367,000 | 2,331,000 | 2,328,000 | 2,320,000 | 2,326,000 | 2,031,000 | 1,990,000 | 1,969,000 | 2,242,000 | |||||||||||||||||||||||||||||||||||||
amortization of debt discount and issuance costs | 373,000 | 373,000 | 370,000 | 370,000 | 1,746,000 | 1,727,000 | 1,708,000 | 1,689,000 | 1,669,000 | 1,647,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from follow-on offering | 0 | 0 | 0 | 500,034,000 | |||||||||||||||||||||||||||||||||||||||||||||
capital loss from sale of fixed assets | 21,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net lease liabilities arising from obtaining right-of-use assets | 14,203,000 | 110,000 | 7,785,000 | 1,344,000 | 2,684,000 | ||||||||||||||||||||||||||||||||||||||||||||
depreciation | 2,349,000 | 2,584,000 | 3,111,000 | 2,110,000 | 2,098,000 | 2,001,000 | 1,504,000 | 1,479,000 | 1,337,000 | 1,676,000 | 854,000 | 829,000 | 797,000 | 1,358,000 | 686,000 | 662,000 | 622,000 | 570,000 | 544,000 | 569,000 | 497,000 | 564,000 | 362,000 | 345,000 | 344,000 | 427,000 | 324,000 | 280,000 | 254,000 | ||||||||||||||||||||
increase in short-term deposits | -12,225,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
decrease in marketable securities | 6,036,000 | -5,000 | -7,996,000 | 7,621,000 | 7,794,000 | 1,997,000 | 1,928,000 | ||||||||||||||||||||||||||||||||||||||||||
decrease in long-term deposits | 2,460,000 | -5,000 | -6,000 | 34,000 | -84,000 | 0 | 76,000 | -9,000 | 2,000 | 9,000 | 37,000 | ||||||||||||||||||||||||||||||||||||||
decrease in short-term deposits | 29,927,000 | -71,000 | -45,122,000 | -4,805,000 | 26,992,000 | 4,320,000 | 20,034,000 | 9,120,000 | |||||||||||||||||||||||||||||||||||||||||
increase in long-term deposits | -5,000 | -1,000 | -3,000 | -12,000 | 6,000 | -1,000 | -10,000 | -308,000 | -49,000 | -20,000 | -140,000 | ||||||||||||||||||||||||||||||||||||||
proceeds (withholdings) from employee stock plans | 171,000 | 4,808,000 | 498,000 | 4,316,000 | 271,000 | 3,028,000 | -1,463,000 | -4,234,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of operating lease right-of-use asset | 2,236,000 | 3,030,000 | 1,960,000 | 2,014,000 | 4,172,000 | 1,438,000 | 1,399,000 | ||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -2,609,000 | -11,173,000 | -4,341,000 | -4,775,000 | -5,103,000 | -6,406,000 | -1,105,000 | -991,000 | -1,081,000 | -1,742,000 | -1,038,000 | -1,036,000 | -1,498,000 | -1,249,000 | -1,129,000 | -725,000 | -722,000 | -999,000 | -1,767,000 | -1,297,000 | -473,000 | -594,000 | -451,000 | -680,000 | -608,000 | ||||||||||||||||||||||||
other long term assets | 31,000 | 43,000 | 26,000 | -19,000 | -275,000 | -11,000 | -25,000 | 41,000 | |||||||||||||||||||||||||||||||||||||||||
other long term liabilities | 262,000 | -147,000 | 31,000 | 170,000 | -870,000 | -281,000 | -111,000 | 237,000 | -385,000 | 9,000 | -156,000 | -199,000 | -53,000 | 288,000 | 297,000 | -521,000 | 454,000 | 343,000 | 638,000 | -1,327,000 | 367,000 | 430,000 | -2,000 | 3,000 | |||||||||||||||||||||||||
increase in marketable securities | -134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash, cash equivalents and restricted cash | 15,945,000 | -16,175,000 | 4,698,000 | 15,754,000 | -19,161,000 | -6,288,000 | 2,832,000 | 14,088,000 | |||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 0 | 0 | 0 | 48,707,000 | 0 | 0 | 0 | 57,236,000 | |||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 15,945,000 | -16,175,000 | 4,698,000 | 64,461,000 | -19,161,000 | -6,288,000 | 2,832,000 | 71,324,000 | |||||||||||||||||||||||||||||||||||||||||
net cash provided (used in) by financing activities | 3,028,000 | -1,463,000 | -4,234,000 | ||||||||||||||||||||||||||||||||||||||||||||||
capital loss from disposal of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other short term liabilities | 2,787,000 | -7,358,000 | 7,988,000 | 1,705,000 | 8,417,000 | -8,200,000 | 10,286,000 | 1,398,000 | 9,190,000 | -6,421,000 | |||||||||||||||||||||||||||||||||||||||
capital gain from disposal of fixed assets | 24,000 | 0 | -25,000 | -6,000 | -12,000 | ||||||||||||||||||||||||||||||||||||||||||||
initial recognition of operating lease right-of-use assets | 53,274,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
initial recognition of operating lease liabilities | 58,024,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
increase in short-term investments | -5,167,000 | -2,133,000 | -3,033,000 | -4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of non-cash flow information | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred rent fixed asset additions | 546,000 | 0 | 0 | 0 | 1,355,000 | ||||||||||||||||||||||||||||||||||||||||||||
severance pay | 233,000 | 27,000 | -219,000 | 108,000 | 7,000 | 25,000 | -4,000 | ||||||||||||||||||||||||||||||||||||||||||
increase in restricted cash | 6,000 | -20,000 | -29,000 | -34,000 | -15,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds on sales of property and equipment | 12,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||
decrease in short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in short-term deposit | -4,757,000 | -250,000 | |||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred charges related to loan | 94,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | -17,000 | -2,000 | 19,000 | -179,000 | 6,000 | 12,000 | -42,000 | ||||||||||||||||||||||||||||||||||||||||||
payment of deferred equity offering cost | -756,000 | -519,000 | -327,000 | -335,000 | |||||||||||||||||||||||||||||||||||||||||||||
net proceeds from initial public offering | 0 | 0 | 0 | 108,447,000 | |||||||||||||||||||||||||||||||||||||||||||||
conversion of preferred stock to common stock | 0 | 0 | 0 | 43,775,000 | |||||||||||||||||||||||||||||||||||||||||||||
conversion of liability warrants to equity | 0 | 0 | 0 | 2,866,000 | |||||||||||||||||||||||||||||||||||||||||||||
capital gain from disposal of fixed asset | -1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | -518,000 | 4,596,000 | -4,580,000 | 1,862,000 | 2,833,000 | -2,394,000 | 1,975,000 | 1,790,000 | -1,069,000 | ||||||||||||||||||||||||||||||||||||||||
decrease in short-term deposit | -35,000,000 | 0 | 255,000 | 3,987,000 | |||||||||||||||||||||||||||||||||||||||||||||
revaluation of fair value of warrants to convertible preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options | 408,000 | 1,028,000 | 71,000 | 548,000 | 169,000 | 183,000 | 17,000 | 13,000 | |||||||||||||||||||||||||||||||||||||||||
exercise of warrants to purchase series d convertible preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges related to warrants granted to credit facilitator | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in severance pay | 12,000 | 4,000 | 5,000 | 25,000 | 314,000 | ||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of non-cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of non-cash flow information: - sum | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred offering costs not yet paid | -327,000 | 846,000 | |||||||||||||||||||||||||||||||||||||||||||||||
capital loss from disposal of fixed asset | -1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash flow information: - sum | 1,355,000 | -519,000 | |||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred charges related to long-term loan | 0 | 31,000 |
