Zuora, Inc(NYSE:ZUO)

Zuora, Inc., together with its subsidiaries, provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The company offers Zuora Central platform that acts as an intelligent subscription management...
Website: https://www.zuora.com/
Founded: 2007
IPO Price: $14 (Apr 12, 2018)
Full Time Employees: 1,249
CEO / Founder: Tien Tzuo
Sector: Technology
Industry: Software-Infrastructure
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At a glance:
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Quarterly
Annual
| Unit: USD | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 | 2020-07-31 | 2020-04-30 | 2020-01-31 | 2019-10-31 | 2019-07-31 | 2019-04-30 | 2019-01-31 | 2018-10-31 | 2018-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | ||||||||||||||||||||||||||
subscription | 105,253,000 | 104,051,000 | 98,959,000 | 100,164,000 | 98,048,000 | 95,473,000 | 89,711,000 | 89,513,000 | 86,567,000 | 83,811,000 | 78,500,000 | 77,332,000 | 73,775,000 | 71,498,000 | 65,142,000 | 65,112,000 | 62,020,000 | 58,312,000 | 56,896,000 | 54,559,000 | 54,038,000 | 50,647,000 | 47,311,000 | 46,729,000 | 44,485,000 | 41,470,000 |
professional services | 11,676,000 | 11,345,000 | 10,810,000 | 10,505,000 | 11,801,000 | 12,575,000 | 13,384,000 | 13,528,000 | 14,505,000 | 14,964,000 | 14,699,000 | 13,360,000 | 15,455,000 | 14,989,000 | 15,187,000 | 14,175,000 | 15,226,000 | 16,677,000 | 17,002,000 | 15,834,000 | 17,784,000 | 19,086,000 | 16,798,000 | 17,332,000 | 17,152,000 | 16,284,000 |
total revenue | 116,929,000 | 115,396,000 | 109,769,000 | 110,669,000 | 109,849,000 | 108,048,000 | 103,095,000 | 103,041,000 | 101,072,000 | 98,775,000 | 93,199,000 | 90,692,000 | 89,230,000 | 86,487,000 | 80,329,000 | 79,287,000 | 77,246,000 | 74,989,000 | 73,898,000 | 70,393,000 | 71,822,000 | 69,733,000 | 64,109,000 | 64,061,000 | 61,637,000 | 57,754,000 |
yoy | 6.45% | 6.80% | 6.47% | 7.40% | 8.68% | 9.39% | 10.62% | 13.62% | 13.27% | 14.21% | 16.02% | 14.38% | 15.51% | 15.33% | 8.70% | 12.63% | 7.55% | 7.54% | 15.27% | 9.88% | 16.52% | 20.74% | ||||
qoq | 1.33% | 5.13% | -0.81% | 0.75% | 1.67% | 4.80% | 0.05% | 1.95% | 2.33% | 5.98% | 2.76% | 1.64% | 3.17% | 7.67% | 1.31% | 2.64% | 3.01% | 1.48% | 4.98% | -1.99% | 3.00% | 8.77% | 0.07% | 3.93% | 6.72% | |
cost of revenue: | ||||||||||||||||||||||||||
total cost of revenue | 38,337,000 | 37,292,000 | 35,061,000 | 36,819,000 | 35,028,000 | 37,781,000 | 37,346,000 | 38,065,000 | 40,280,000 | 38,649,000 | 36,235,000 | 35,698,000 | 35,695,000 | 35,992,000 | 32,721,000 | 32,132,000 | 33,266,000 | 33,075,000 | 32,297,000 | 34,147,000 | 34,301,000 | 33,702,000 | 32,031,000 | 31,748,000 | 30,177,000 | 28,647,000 |
gross profit | 78,592,000 | 78,104,000 | 74,708,000 | 73,850,000 | 74,821,000 | 70,267,000 | 65,749,000 | 64,976,000 | 60,792,000 | 60,126,000 | 56,964,000 | 54,994,000 | 53,535,000 | 50,495,000 | 47,608,000 | 47,155,000 | 43,980,000 | 41,914,000 | 41,601,000 | 36,246,000 | 37,521,000 | 36,031,000 | 32,078,000 | 32,313,000 | 31,460,000 | 29,107,000 |
yoy | 5.04% | 11.15% | 13.63% | 13.66% | 23.08% | 16.87% | 15.42% | 18.15% | 13.56% | 19.07% | 19.65% | 16.62% | 21.73% | 20.47% | 14.44% | 30.10% | 17.21% | 16.33% | 29.69% | 12.17% | 19.27% | 23.79% | ||||
qoq | 0.62% | 4.55% | 1.16% | -1.30% | 6.48% | 6.87% | 1.19% | 6.88% | 1.11% | 5.55% | 3.58% | 2.73% | 6.02% | 6.06% | 0.96% | 7.22% | 4.93% | 0.75% | 14.77% | -3.40% | 4.14% | 12.32% | -0.73% | 2.71% | 8.08% | |
gross margin % | 67.21% | 67.68% | 68.06% | 66.73% | 68.11% | 65.03% | 63.78% | 63.06% | 60.15% | 60.87% | 61.12% | 60.64% | 60.00% | 58.38% | 59.27% | 59.47% | 56.93% | 55.89% | 56.30% | 51.49% | 52.24% | 51.67% | 50.04% | 50.44% | 51.04% | 50.40% |
operating expenses: | ||||||||||||||||||||||||||
research and development | 26,833,000 | 26,454,000 | 23,566,000 | 28,860,000 | 27,504,000 | 26,256,000 | 25,668,000 | 24,925,000 | 28,413,000 | 26,354,000 | 22,872,000 | 21,654,000 | 21,738,000 | 20,860,000 | 18,967,000 | 20,918,000 | 18,907,000 | 19,427,000 | 17,543,000 | 20,736,000 | 17,903,000 | 18,744,000 | 17,015,000 | 14,750,000 | 14,282,000 | 13,323,000 |
sales and marketing | 36,597,000 | 36,137,000 | 35,845,000 | 41,727,000 | 40,245,000 | 42,799,000 | 41,444,000 | 41,295,000 | 46,973,000 | 45,146,000 | 40,457,000 | 38,236,000 | 37,004,000 | 36,261,000 | 31,865,000 | 31,752,000 | 28,058,000 | 28,608,000 | 28,496,000 | 27,446,000 | 28,027,000 | 27,290,000 | 25,501,000 | 26,604,000 | 25,896,000 | 25,429,000 |
general and administrative | 26,880,000 | 25,202,000 | 19,269,000 | 20,431,000 | 15,893,000 | 19,451,000 | 18,816,000 | 23,445,000 | 19,327,000 | 18,816,000 | 17,290,000 | 29,292,000 | 16,370,000 | 16,376,000 | 14,185,000 | 13,131,000 | 13,024,000 | 15,383,000 | 13,265,000 | 12,513,000 | 10,597,000 | 11,324,000 | 10,445,000 | 11,677,000 | 9,579,000 | 8,563,000 |
total operating expenses | 90,310,000 | 87,793,000 | 78,680,000 | 91,018,000 | 83,642,000 | 88,506,000 | 85,928,000 | 164,665,000 | 94,713,000 | 90,316,000 | 80,619,000 | 89,182,000 | 75,112,000 | 73,497,000 | 65,017,000 | 65,801,000 | 59,989,000 | 63,418,000 | 59,304,000 | 60,695,000 | 56,527,000 | 57,358,000 | 52,961,000 | 53,031,000 | 49,757,000 | 47,315,000 |
income from operations | -11,718,000 | -9,689,000 | -3,972,000 | -17,168,000 | -8,821,000 | -18,239,000 | -20,179,000 | -99,689,000 | -33,921,000 | -30,190,000 | -23,655,000 | -34,188,000 | -21,577,000 | -23,002,000 | -17,409,000 | -18,646,000 | -16,009,000 | -21,504,000 | -17,703,000 | -24,449,000 | -19,006,000 | -21,327,000 | -20,883,000 | -20,718,000 | -18,297,000 | -18,208,000 |
yoy | 32.84% | -46.88% | -80.32% | -82.78% | -74.00% | -39.59% | -14.69% | 191.59% | 57.21% | 31.25% | 35.88% | 83.35% | 34.78% | 6.97% | -1.66% | -23.74% | -15.77% | 0.83% | -15.23% | 18.01% | 3.87% | 17.13% | ||||
qoq | 20.94% | 143.93% | -76.86% | 94.63% | -51.64% | -9.61% | -79.76% | 193.89% | 12.36% | 27.63% | -30.81% | 58.45% | -6.20% | 32.13% | -6.63% | 16.47% | -25.55% | 21.47% | -27.59% | 28.64% | -10.88% | 2.13% | 0.80% | 13.23% | 0.49% | |
operating margin % | -10.02% | -8.40% | -3.62% | -15.51% | -8.03% | -16.88% | -19.57% | -96.75% | -33.56% | -30.56% | -25.38% | -37.70% | -24.18% | -26.60% | -21.67% | -23.52% | -20.72% | -28.68% | -23.96% | -34.73% | -26.46% | -30.58% | -32.57% | -32.34% | -29.69% | -31.53% |
change in fair value of debt derivative and warrant liabilities | -20,174,000 | |||||||||||||||||||||||||
interest expense | -7,045,000 | -6,965,000 | -6,771,000 | -6,876,000 | -5,610,000 | -4,607,000 | -4,387,000 | -4,486,000 | -4,444,000 | -4,419,000 | ||||||||||||||||
interest and other income | 6,505,000 | 8,168,000 | 5,315,000 | 8,440,000 | 2,272,000 | 5,657,000 | 5,710,000 | 5,888,000 | 1,187,000 | 704,000 | 795,000 | -788,000 | -702,000 | -453,000 | 121,000 | 599,000 | -352,000 | 1,936,000 | 378,000 | 418,000 | 1,190,000 | 569,000 | 535,000 | 801,000 | 633,000 | -1,178,000 |
income before income taxes | -32,432,000 | -9,499,000 | -13,356,000 | -20,079,000 | -5,162,000 | -21,975,000 | -18,826,000 | -98,421,000 | -36,726,000 | -29,381,000 | -22,860,000 | -34,976,000 | -22,279,000 | -23,455,000 | -17,288,000 | -18,047,000 | -16,361,000 | -19,568,000 | -17,325,000 | -24,031,000 | -17,816,000 | -20,758,000 | -20,348,000 | -19,917,000 | -17,664,000 | -19,386,000 |
income tax benefit | -226,000 | -2,278,000 | ||||||||||||||||||||||||
net income | -32,206,000 | -7,221,000 | -13,708,000 | -20,834,000 | -5,502,000 | -22,562,000 | -19,295,000 | -107,858,000 | -37,034,000 | -29,910,000 | -23,168,000 | -35,182,000 | -22,889,000 | -23,693,000 | -17,661,000 | -18,791,000 | -16,773,000 | -20,122,000 | -17,488,000 | -23,752,000 | -18,237,000 | -20,813,000 | -20,592,000 | -20,667,000 | -17,889,000 | -19,587,000 |
yoy | 485.35% | -67.99% | -28.96% | -80.68% | -85.14% | -24.57% | -16.72% | 206.57% | 61.80% | 26.24% | 31.18% | 87.23% | 36.46% | 17.75% | 0.99% | -20.89% | -8.03% | -3.32% | -15.07% | 14.93% | 1.95% | 6.26% | ||||
qoq | 346.00% | -47.32% | -34.20% | 278.66% | -75.61% | 16.93% | -82.11% | 191.24% | 23.82% | 29.10% | -34.15% | 53.71% | -3.39% | 34.15% | -6.01% | 12.03% | -16.64% | 15.06% | -26.37% | 30.24% | -12.38% | 1.07% | -0.36% | 15.53% | -8.67% | |
net income margin % | -27.54% | -6.26% | -12.49% | -18.83% | -5.01% | -20.88% | -18.72% | -104.67% | -36.64% | -30.28% | -24.86% | -38.79% | -25.65% | -27.39% | -21.99% | -23.70% | -21.71% | -26.83% | -23.67% | -33.74% | -25.39% | -29.85% | -32.12% | -32.26% | -29.02% | -33.91% |
comprehensive loss: | ||||||||||||||||||||||||||
foreign currency translation adjustment | 462,000 | 171,000 | -247,000 | 711,000 | -696,000 | -404,000 | -283,000 | 1,187,000 | -973,000 | -316,000 | -359,000 | -287,000 | -127,000 | -174,000 | -85,000 | 767,000 | 18,000 | 338,000 | -427,000 | 37,000 | -141,000 | -200,000 | -75,000 | 344,000 | -681,000 | 418,000 |
unrealized gain on available-for-sale securities | 248,000 | 302,000 | -487,000 | 238,000 | -18,000 | 172,000 | 340,000 | -34,000 | -5,000 | -103,000 | -74,000 | 157,000 | 30,250 | 75,000 | 22,000 | 24,000 | ||||||||||
comprehensive loss | -31,496,000 | -6,748,000 | -14,442,000 | -19,885,000 | -6,216,000 | -22,794,000 | -19,238,000 | -106,008,000 | -38,344,000 | -30,504,000 | -23,925,000 | -35,639,000 | -23,043,000 | -23,867,000 | -17,780,000 | -18,092,000 | -16,858,000 | -19,858,000 | -17,758,000 | -23,750,000 | -18,303,000 | -20,991,000 | -20,643,000 | -20,284,000 | -18,602,000 | -19,169,000 |
net income per share | -0.21 | -0.05 | -0.09 | -0.15 | -0.04 | -0.16 | -0.14 | -0.82 | -0.28 | -0.23 | -0.18 | -0.28 | -0.18 | -0.19 | -0.15 | -0.15 | -0.14 | -0.17 | -0.15 | -0.21 | -0.16 | -0.19 | -0.19 | -0.19 | -0.17 | -0.19 |
weighted-average shares outstanding used in calculating net income per share, basic and diluted | 152,263 | 149,377 | 146,670 | 140,147 | 141,488 | 138,605 | 136,190 | 131,441 | 132,579 | 130,280 | 128,457 | 124,206 | 125,141 | 123,134 | 121,354 | 117,598 | 118,460 | 116,838 | 115,139 | 111,122 | ||||||
change in fair value of debt conversion and warrant liabilities | -1,013,000 | -7,928,000 | -4,475,000 | 6,997,000 | ||||||||||||||||||||||
income tax provision | 352,000 | 755,000 | 340,000 | 587,000 | 469,000 | 9,437,000 | 308,000 | 529,000 | 308,000 | 206,000 | 610,000 | 238,000 | 373,000 | 744,000 | 412,000 | 554,000 | 163,000 | 279,000 | -421,000 | -55,000 | -244,000 | -750,000 | -225,000 | -201,000 | ||
change in fair value of warrant liability | -4,786,000 | 30,000 | -134,000 | 452,000 | 4,524,000 | |||||||||||||||||||||
unrealized loss on available-for-sale securities | -253,250 | -337,000 | -278,000 | -398,000 | -15,250 | -27,000 | -8,000 | -32,000 | ||||||||||||||||||
weighted-average shares outstanding used in calculating net income per share attributable to common stockholders, basic and diluted | 111,835 | 110,595 | 108,821 | 91,267 | 106,049 | 105,146 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 | 2020-07-31 | 2020-04-30 | 2020-01-31 | 2019-10-31 | 2019-07-31 | 2019-04-30 | 2019-01-31 | 2018-10-31 | 2018-07-31 | 2018-04-30 |
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assets | |||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||
cash and cash equivalents | 277,615,000 | 237,041,000 | 265,712,000 | 256,065,000 | 414,832,000 | 323,281,000 | 238,388,000 | 203,239,000 | 182,261,000 | 206,936,000 | 350,626,000 | 113,507,000 | 116,565,000 | 104,589,000 | 101,116,000 | 94,110,000 | 104,047,000 | 118,600,000 | 84,694,000 | 54,275,000 | 64,621,000 | 56,551,000 | 62,608,000 | 67,940,000 | 77,883,000 | 179,195,000 | 202,514,000 |
short-term investments | 280,909,000 | 306,430,000 | 281,442,000 | 258,120,000 | 78,905,000 | 82,953,000 | 158,483,000 | 183,006,000 | 218,341,000 | 241,707,000 | 101,926,000 | 101,882,000 | 86,770,000 | 96,316,000 | 96,282,000 | 92,484,000 | 74,710,000 | 60,617,000 | 87,898,000 | 117,662,000 | 105,777,000 | 118,065,000 | 116,698,000 | 107,908,000 | 97,034,000 | ||
accounts receivable | 82,414,000 | 93,315,000 | 77,399,000 | 124,602,000 | 78,297,000 | 81,225,000 | 82,582,000 | 91,740,000 | 75,835,000 | 67,693,000 | 74,307,000 | 82,263,000 | 72,356,000 | 56,239,000 | 59,484,000 | 78,860,000 | 59,272,000 | 48,427,000 | 59,365,000 | 68,875,000 | 60,073,000 | 46,905,000 | 52,461,000 | 58,258,000 | 51,379,000 | 42,054,000 | 45,388,000 |
deferred commissions, current portion | 15,995,000 | 15,953,000 | 15,934,000 | 15,870,000 | 15,298,000 | 15,330,000 | 12,816,000 | 16,282,000 | 15,735,000 | 15,833,000 | 15,254,000 | 15,080,000 | 13,704,000 | 13,085,000 | 13,160,000 | 12,712,000 | 11,570,000 | 10,768,000 | 10,080,000 | 9,585,000 | 8,981,000 | 8,713,000 | 8,674,000 | ||||
prepaid expenses and other current assets | 25,183,000 | 25,862,000 | 25,624,000 | 23,261,000 | 23,554,000 | 26,124,000 | 22,877,000 | 24,285,000 | 19,537,000 | 18,851,000 | 16,260,000 | 15,603,000 | 15,978,000 | 18,842,000 | 16,590,000 | 15,574,000 | 16,887,000 | 16,322,000 | 15,550,000 | 16,387,000 | 16,157,000 | 15,331,000 | 15,734,000 | 10,414,000 | 9,195,000 | 8,793,000 | 8,780,000 |
total current assets | 682,116,000 | 678,601,000 | 666,111,000 | 677,918,000 | 610,886,000 | 528,913,000 | 515,146,000 | 518,552,000 | 511,709,000 | 551,020,000 | 558,373,000 | 328,335,000 | 305,373,000 | 289,071,000 | 286,632,000 | 293,740,000 | 266,486,000 | 254,734,000 | 257,587,000 | 266,784,000 | 255,609,000 | 245,565,000 | 256,175,000 | 244,920,000 | 239,841,000 | 231,812,000 | 256,902,000 |
property and equipment | 27,403,000 | 26,882,000 | 26,218,000 | 25,961,000 | 25,570,000 | 25,915,000 | 26,413,000 | 27,159,000 | 28,978,000 | 29,495,000 | 28,629,000 | 27,676,000 | 30,741,000 | 31,195,000 | 32,393,000 | 33,369,000 | 35,066,000 | 35,859,000 | 36,074,000 | 33,489,000 | 28,392,000 | 20,381,000 | 19,575,000 | 19,625,000 | 18,388,000 | 16,924,000 | 10,923,000 |
operating lease right-of-use assets | 20,591,000 | 21,783,000 | 21,270,000 | 22,462,000 | 25,296,000 | 26,628,000 | 28,157,000 | 22,768,000 | 27,583,000 | 28,573,000 | 30,482,000 | 32,643,000 | 44,480,000 | 46,248,000 | 48,666,000 | 47,085,000 | 48,992,000 | 51,121,000 | 52,857,000 | ||||||||
purchased intangibles | 23,146,000 | 21,590,000 | 9,474,000 | 10,082,000 | 10,689,000 | 11,724,000 | 12,463,000 | 13,201,000 | 13,930,000 | 2,526,000 | 2,898,000 | 3,452,000 | 4,006,000 | 4,560,000 | 3,505,000 | 3,928,000 | 4,351,000 | 4,774,000 | 5,197,000 | 5,620,000 | 6,043,000 | 6,465,000 | 6,892,000 | 9,042,000 | 9,545,000 | 10,048,000 | 10,610,000 |
deferred commissions, net of current portion | 24,941,000 | 25,421,000 | 25,952,000 | 27,250,000 | 26,658,000 | 27,013,000 | 30,282,000 | 28,250,000 | 26,875,000 | 27,046,000 | 26,856,000 | 26,727,000 | 23,306,000 | 21,505,000 | 21,681,000 | 21,905,000 | 19,219,000 | 18,524,000 | 18,748,000 | 19,591,000 | 18,044,000 | 17,696,000 | 18,224,000 | ||||
goodwill | 73,903,000 | 69,739,000 | 56,147,000 | 56,657,000 | 55,000,000 | 57,148,000 | 56,270,000 | 53,991,000 | 52,618,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 17,632,000 | 20,861,000 | 20,861,000 | 20,861,000 | 20,614,000 |
other assets | 4,972,000 | 5,172,000 | 4,574,000 | 3,506,000 | 4,035,000 | 4,511,000 | 4,432,000 | 4,677,000 | 4,500,000 | 4,639,000 | 4,449,000 | 4,787,000 | 3,681,000 | 3,414,000 | 3,618,000 | 3,848,000 | 3,588,000 | 3,926,000 | 4,076,000 | 4,825,000 | 5,569,000 | 5,922,000 | 4,731,000 | 3,292,000 | 2,524,000 | 2,708,000 | 2,822,000 |
total assets | 857,072,000 | 849,188,000 | 809,746,000 | 823,836,000 | 758,134,000 | 681,852,000 | 673,163,000 | 668,598,000 | 666,193,000 | 660,931,000 | 669,319,000 | 441,252,000 | 429,219,000 | 413,625,000 | 414,127,000 | 421,507,000 | 395,334,000 | 386,570,000 | 392,171,000 | 402,227,000 | 331,289,000 | 313,661,000 | 323,229,000 | 299,424,000 | 293,243,000 | 287,237,000 | 306,806,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||
accounts payable | 761,000 | 773,000 | 153,000 | 3,161,000 | 465,000 | 1,016,000 | 5,991,000 | 1,073,000 | 10,612,000 | 7,652,000 | 7,155,000 | 6,785,000 | 3,481,000 | 3,720,000 | 842,000 | 2,249,000 | 231,000 | 277,000 | 5,343,000 | 2,098,000 | 1,719,000 | 959,000 | 1,622,000 | 1,512,000 | 2,678,000 | 2,841,000 | 3,466,000 |
accrued expenses and other current liabilities | 45,167,000 | 21,621,000 | 41,308,000 | 32,157,000 | 27,810,000 | 98,770,000 | 97,238,000 | 103,678,000 | 22,903,000 | 19,171,000 | 24,195,000 | 14,225,000 | 17,455,000 | 14,749,000 | 12,961,000 | 14,550,000 | 14,081,000 | 13,992,000 | 14,083,000 | 17,731,000 | 17,158,000 | 13,774,000 | 13,978,000 | 14,210,000 | 13,484,000 | 14,677,000 | 27,825,000 |
accrued employee liabilities | 29,860,000 | 30,427,000 | 28,465,000 | 37,722,000 | 30,992,000 | 30,355,000 | 26,660,000 | 30,483,000 | 32,926,000 | 29,197,000 | 26,861,000 | 32,425,000 | 30,983,000 | 27,382,000 | 26,414,000 | 29,470,000 | 26,740,000 | 26,261,000 | 23,807,000 | 24,193,000 | 27,227,000 | 22,624,000 | 26,241,000 | 22,603,000 | 24,516,000 | 20,976,000 | 17,383,000 |
deferred revenue, current portion | 177,436,000 | 185,183,000 | 184,278,000 | 199,615,000 | 158,407,000 | 164,564,000 | 164,328,000 | 167,145,000 | 152,321,000 | 148,162,000 | 157,135,000 | 152,740,000 | 129,327,000 | 118,920,000 | 126,880,000 | 127,701,000 | 107,308,000 | 99,185,000 | 107,728,000 | 111,411,000 | 94,010,000 | 86,093,000 | 88,299,000 | 90,565,000 | 76,313,000 | 69,094,000 | 67,605,000 |
operating lease liabilities, current portion | 7,030,000 | 6,710,000 | 5,929,000 | 6,760,000 | 7,396,000 | 7,895,000 | 9,853,000 | 9,240,000 | 9,636,000 | 10,327,000 | 10,907,000 | 11,462,000 | 11,227,000 | 10,883,000 | 10,946,000 | 9,630,000 | 9,181,000 | 7,908,000 | 6,268,000 | ||||||||
total current liabilities | 260,254,000 | 244,714,000 | 260,133,000 | 279,415,000 | 225,070,000 | 302,600,000 | 304,070,000 | 311,619,000 | 228,398,000 | 214,509,000 | 226,824,000 | 219,297,000 | 195,222,000 | 179,536,000 | 182,440,000 | 187,997,000 | 161,973,000 | 152,055,000 | 161,661,000 | 165,620,000 | 144,561,000 | 127,894,000 | 134,214,000 | 131,853,000 | 121,130,000 | 114,236,000 | 121,413,000 |
long-term debt | 368,348,000 | 365,300,000 | 362,310,000 | 359,525,000 | 356,645,000 | 214,401,000 | |||||||||||||||||||||
deferred revenue, net of current portion | 860,000 | 1,454,000 | 1,411,000 | 2,802,000 | 1,719,000 | 1,175,000 | 732,000 | 442,000 | 639,000 | 945,000 | 1,098,000 | 771,000 | 1,055,000 | 1,107,000 | 1,241,000 | 1,529,000 | 702,000 | 486,000 | 782,000 | 1,007,000 | 209,000 | 83,000 | 74,000 | 406,000 | 795,000 | 741,000 | 424,000 |
operating lease liabilities, net of current portion | 32,573,000 | 34,508,000 | 35,276,000 | 37,100,000 | 38,060,000 | 39,865,000 | 41,330,000 | 37,924,000 | 40,103,000 | 41,533,000 | 43,149,000 | 45,633,000 | 48,333,000 | 50,794,000 | 53,540,000 | 53,590,000 | 55,843,000 | 58,146,000 | 60,359,000 | ||||||||
deferred tax liabilities | 4,066,000 | 3,726,000 | 3,726,000 | 3,725,000 | 3,723,000 | 3,720,000 | 3,721,000 | 3,717,000 | 3,255,000 | 3,244,000 | 3,243,000 | 3,243,000 | 1,933,000 | 1,928,000 | 1,920,000 | 1,929,000 | 1,564,000 | 1,554,000 | 1,591,000 | 1,569,000 | 1,877,000 | 1,877,000 | 1,877,000 | ||||
other long-term liabilities | 6,781,000 | 7,439,000 | 7,592,000 | 7,582,000 | 7,340,000 | 7,364,000 | 7,320,000 | 7,333,000 | 1,501,000 | 1,609,000 | 1,649,000 | 1,701,000 | 2,953,000 | 2,918,000 | 2,905,000 | 2,883,000 | 4,171,000 | 967,000 | 954,000 | 971,000 | 9,712,000 | 3,298,000 | 3,452,000 | 3,678,000 | 3,194,000 | 1,856,000 | 1,717,000 |
total liabilities | 672,882,000 | 657,141,000 | 670,448,000 | 690,149,000 | 632,557,000 | 569,125,000 | 569,480,000 | 571,438,000 | 482,289,000 | 468,266,000 | 480,463,000 | 270,645,000 | 249,496,000 | 236,283,000 | 242,620,000 | 249,594,000 | 227,043,000 | 217,098,000 | 230,338,000 | 237,568,000 | 163,546,000 | 141,445,000 | 149,010,000 | 146,431,000 | 136,649,000 | 127,990,000 | 134,544,000 |
commitments and contingencies | |||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||
class a common stock | 15,000 | 14,000 | 14,000 | 13,000 | 13,000 | 13,000 | 13,000 | 12,000 | 12,000 | 12,000 | 12,000 | 11,000 | 11,000 | 11,000 | 10,000 | 8,000 | 8,000 | 8,000 | 7,000 | 4,000 | 1,000 | ||||||
class b common stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 2,000 | 3,000 | 3,000 | 3,000 | 4,000 | 6,000 | 10,000 | ||||||
additional paid-in capital | 1,067,329,000 | 1,043,691,000 | 984,194,000 | 964,141,000 | 936,147,000 | 917,081,000 | 885,243,000 | 859,482,000 | 840,218,000 | 810,636,000 | 776,323,000 | 734,149,000 | 707,626,000 | 682,202,000 | 652,501,000 | 635,127,000 | 613,413,000 | 597,736,000 | 570,239,000 | 555,307,000 | 534,642,000 | 520,812,000 | 501,824,000 | 488,776,000 | 472,093,000 | 461,804,000 | 455,610,000 |
accumulated other comprehensive loss | -410,000 | -1,120,000 | -1,593,000 | -859,000 | -1,808,000 | -1,094,000 | -862,000 | -919,000 | -2,769,000 | -1,459,000 | -865,000 | ||||||||||||||||
accumulated deficit | -882,745,000 | -850,539,000 | -843,318,000 | -829,610,000 | -808,776,000 | -803,274,000 | -780,712,000 | -761,417,000 | -653,559,000 | -616,525,000 | -586,615,000 | -563,447,000 | -528,265,000 | -505,376,000 | -481,683,000 | -464,022,000 | -445,231,000 | -428,458,000 | -408,336,000 | -390,848,000 | -367,096,000 | -348,859,000 | -328,046,000 | -336,275,000 | -315,608,000 | -297,719,000 | -278,132,000 |
total stockholders’ equity | 184,190,000 | 192,047,000 | 139,298,000 | 133,687,000 | 125,577,000 | 112,727,000 | 103,683,000 | 97,160,000 | 183,904,000 | 192,665,000 | 188,856,000 | 170,607,000 | 179,723,000 | 177,342,000 | 171,507,000 | 171,913,000 | 168,291,000 | 169,472,000 | 161,833,000 | 164,659,000 | 167,743,000 | 172,216,000 | 174,219,000 | 152,993,000 | 156,594,000 | 159,247,000 | 172,262,000 |
total liabilities and stockholders’ equity | 857,072,000 | 849,188,000 | 809,746,000 | 823,836,000 | 758,134,000 | 681,852,000 | 673,163,000 | 668,598,000 | 666,193,000 | 660,931,000 | 669,319,000 | 441,252,000 | 429,219,000 | 413,625,000 | 414,127,000 | 421,507,000 | 395,334,000 | 386,570,000 | 392,171,000 | 402,227,000 | 331,289,000 | 313,661,000 | 323,229,000 | 299,424,000 | 293,243,000 | 287,237,000 | 306,806,000 |
class a common stock - 0.0001 par value... | 14,000 | 13,000 | 12,000 | 11,000 | 10,000 | 8,000 | |||||||||||||||||||||
class b common stock - 0.0001 par value... | 1,000 | 1,000 | 1,000 | 1,000 | 2,000 | 3,000 | |||||||||||||||||||||
debt, net of current portion | 212,307,000 | 210,403,000 | 208,393,000 | 206,426,000 | 204,500,000 | 574,000 | 1,666,000 | 2,790,000 | 3,890,000 | 4,991,000 | 6,094,000 | 7,187,000 | 8,293,000 | 9,393,000 | 10,494,000 | 11,530,000 | 9,616,000 | 10,803,000 | |||||||||
debt, current portion | 571,000 | 1,660,000 | 2,749,000 | 3,882,000 | 4,397,000 | 4,397,000 | 4,432,000 | 4,432,000 | 4,432,000 | 4,432,000 | 4,447,000 | 4,444,000 | 4,074,000 | 2,963,000 | 1,852,000 | 5,000,000 | 4,167,000 | ||||||||||
accumulated other comprehensive income | -108,000 | 349,000 | 503,000 | 677,000 | 796,000 | 97,000 | 182,000 | -82,000 | 188,000 | 186,000 | 252,000 | 430,000 | 481,000 | ||||||||||||||
restricted cash, current portion | 400,000 | 4,350,000 | 1,770,000 | 220,000 | |||||||||||||||||||||||
restricted cash, net of current portion | 1,684,000 | 2,084,000 | 4,884,000 | 4,935,000 | |||||||||||||||||||||||
operating lease right-of-use assets2 | 54,286,000 | ||||||||||||||||||||||||||
operating lease liabilities, current portion2 | 5,755,000 | ||||||||||||||||||||||||||
operating lease liabilities, net of current portion2 | 62,307,000 | ||||||||||||||||||||||||||
preferred stock | |||||||||||||||||||||||||||
convertible preferred stock | |||||||||||||||||||||||||||
lease obligation, current portion | 2,287,000 | 1,648,000 | 967,000 | ||||||||||||||||||||||||
lease obligation, net of current portion | 1,541,000 | 187,000 | |||||||||||||||||||||||||
preferred stock - 0.0001 par value... | |||||||||||||||||||||||||||
convertible preferred stock - 0.0001 par value... | |||||||||||||||||||||||||||
related party receivable | -5,657,000 | -5,619,000 | |||||||||||||||||||||||||
accumulated comprehensive income | 98,000 | ||||||||||||||||||||||||||
accumulated comprehensive loss | 809,000 | 392,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 | 2020-07-31 | 2020-04-30 | 2020-01-31 | 2019-10-31 | 2019-07-31 | 2019-04-30 | 2019-01-31 | 2018-10-31 | 2018-07-31 | 2018-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||
net income | -32,206,000 | -7,221,000 | -13,708,000 | -20,834,000 | -5,502,000 | -22,562,000 | -19,295,000 | -107,858,000 | -37,034,000 | -29,910,000 | -23,168,000 | -35,182,000 | -22,889,000 | -23,693,000 | -17,661,000 | -18,791,000 | -16,773,000 | -20,122,000 | -17,488,000 | -23,752,000 | -18,237,000 | -20,813,000 | -20,592,000 | -20,667,000 | -17,889,000 | -19,587,000 | -19,447,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||
depreciation, amortization and accretion | 5,538,000 | 4,942,000 | 4,235,000 | 4,530,000 | 4,792,000 | 4,602,000 | 4,290,000 | 5,013,000 | 4,843,000 | 4,680,000 | 4,202,000 | 4,118,000 | 4,146,000 | 4,349,000 | 4,147,000 | 4,136,000 | 4,025,000 | 3,652,000 | 3,495,000 | ||||||||
stock-based compensation | 24,933,000 | 25,708,000 | 18,461,000 | 23,079,000 | 26,101,000 | 26,648,000 | 25,224,000 | 16,356,000 | 29,007,000 | 28,213,000 | 22,825,000 | 20,292,000 | 19,912,000 | 18,069,000 | 13,797,000 | 15,350,000 | 14,773,000 | 18,276,000 | 10,884,000 | 13,633,000 | 11,838,000 | 11,616,000 | 7,959,000 | 7,635,000 | 7,459,000 | 5,662,000 | 4,601,000 |
benefit from credit losses | 447,000 | 1,169,000 | 501,000 | 401,000 | 178,000 | -838,000 | 1,117,000 | 842,000 | 269,000 | 635,000 | 499,000 | 1,060,000 | 491,000 | 215,000 | 1,153,000 | 648,000 | |||||||||||
amortization of deferred commissions | 4,737,000 | 4,655,000 | 4,554,000 | 4,544,000 | 4,669,000 | 4,776,000 | 4,970,000 | 5,041,000 | 4,904,000 | 4,783,000 | 4,563,000 | 4,374,000 | 4,097,000 | 3,985,000 | 3,874,000 | 3,843,000 | 3,103,000 | 2,832,000 | 2,623,000 | 2,466,000 | 2,393,000 | 2,350,000 | 2,306,000 | ||||
reduction in carrying amount of right-of-use assets | 1,192,000 | 1,086,000 | 1,192,000 | 1,214,000 | 1,760,000 | 1,532,000 | 1,584,000 | 1,504,000 | 1,789,000 | 1,909,000 | 2,161,000 | 2,487,000 | 2,470,000 | 2,418,000 | 2,342,000 | 1,907,000 | 2,129,000 | 1,943,000 | 2,286,000 | ||||||||
change in fair value of debt derivative and warrant liabilities | |||||||||||||||||||||||||||
other | -4,000 | -2,492,000 | 78,000 | -1,295,000 | 2,444,000 | 46,000 | 140,000 | -966,000 | 308,000 | 51,000 | 216,000 | 124,000 | 252,000 | 270,000 | 156,000 | -109,000 | 1,000 | 14,000 | 167,000 | 2,911,000 | -381,000 | -376,000 | -511,000 | ||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||
accounts receivable | 10,528,000 | -17,081,000 | 46,702,000 | -46,706,000 | 2,750,000 | 2,195,000 | 7,531,000 | -16,747,000 | -7,770,000 | 5,979,000 | 7,457,000 | -10,967,000 | -16,608,000 | 3,030,000 | 18,223,000 | -20,236,000 | -12,139,000 | 10,186,000 | 8,518,000 | -9,460,000 | -14,145,000 | 4,648,000 | 4,453,000 | -6,310,000 | -11,331,000 | 2,017,000 | 3,181,000 |
prepaid expenses and other assets | 1,161,000 | -1,073,000 | -2,745,000 | 7,000 | 5,195,000 | -4,205,000 | -112,000 | -4,925,000 | 369,000 | -2,617,000 | -206,000 | -620,000 | 2,657,000 | -2,047,000 | -1,169,000 | 1,099,000 | -920,000 | -875,000 | 1,591,000 | -659,000 | |||||||
deferred commissions | -4,508,000 | -4,224,000 | -3,375,000 | -6,038,000 | -4,366,000 | -4,040,000 | -3,607,000 | -7,384,000 | -4,789,000 | -5,645,000 | -4,984,000 | -9,240,000 | -6,694,000 | -3,993,000 | -4,200,000 | -7,670,000 | -4,601,000 | -3,296,000 | -2,275,000 | -4,617,000 | -3,009,000 | -1,861,000 | -1,924,000 | ||||
accounts payable | -122,000 | 595,000 | -3,002,000 | 2,716,000 | -571,000 | -4,766,000 | 4,703,000 | -9,499,000 | 2,723,000 | 591,000 | 101,000 | 3,261,000 | -317,000 | 2,855,000 | -1,342,000 | 1,975,000 | 18,000 | -3,983,000 | 2,096,000 | 645,000 | 437,000 | -669,000 | 4,000 | -1,129,000 | -133,000 | -871,000 | 1,030,000 |
accrued expenses and other liabilities | 2,035,000 | 3,574,000 | 1,234,000 | 158,000 | -77,802,000 | -3,102,000 | -2,000,000 | 85,534,000 | 971,000 | -357,000 | 2,205,000 | -1,357,000 | 2,730,000 | 1,573,000 | -1,522,000 | 854,000 | 272,000 | 1,396,000 | -2,469,000 | -6,234,000 | |||||||
accrued employee liabilities | -691,000 | 1,962,000 | -9,257,000 | 6,730,000 | 637,000 | 3,695,000 | -3,823,000 | -2,443,000 | 3,510,000 | 2,336,000 | -5,564,000 | -348,000 | 3,601,000 | 968,000 | -3,056,000 | 1,368,000 | 3,629,000 | 2,454,000 | -386,000 | -3,034,000 | 4,603,000 | -3,617,000 | 3,638,000 | -1,913,000 | 3,540,000 | 3,593,000 | -318,000 |
deferred revenue | -8,659,000 | 948,000 | -16,728,000 | 42,291,000 | -5,613,000 | 679,000 | -2,527,000 | 14,627,000 | 1,797,000 | -9,126,000 | 4,722,000 | 23,129,000 | 10,355,000 | -8,094,000 | -1,109,000 | 21,220,000 | 8,339,000 | -8,839,000 | -3,908,000 | 18,199,000 | 8,043,000 | -2,197,000 | 1,477,000 | 13,863,000 | 7,273,000 | 1,806,000 | 1,625,000 |
operating lease liabilities | -2,147,000 | -2,129,000 | -3,200,000 | -2,174,000 | -3,332,000 | -4,058,000 | -3,572,000 | -3,152,000 | -3,506,000 | -2,800,000 | -3,673,000 | -3,548,000 | -3,511,000 | -3,528,000 | -3,382,000 | -2,459,000 | -1,790,000 | -1,550,000 | -3,175,000 | ||||||||
net cash from operating activities | 22,408,000 | 11,432,000 | 32,870,000 | 16,909,000 | -55,657,000 | 5,388,000 | 14,593,000 | -17,965,000 | -4,861,000 | -4,801,000 | 6,983,000 | 10,366,000 | 692,000 | -2,623,000 | 10,251,000 | 3,135,000 | 1,360,000 | 3,840,000 | 2,951,000 | 4,009,000 | 3,509,000 | -8,946,000 | -2,162,000 | -6,989,000 | -6,370,000 | -2,396,000 | -7,826,000 |
capital expenditures | -3,330,000 | -3,267,000 | -2,655,000 | -3,074,000 | -3,075,000 | -2,181,000 | -1,657,000 | -2,163,000 | -2,387,000 | -2,821,000 | -3,263,000 | -2,732,000 | -2,347,000 | -1,732,000 | -1,965,000 | -1,070,000 | -2,124,000 | -4,830,000 | -5,120,000 | -8,546,000 | -8,636,000 | -2,566,000 | -1,676,000 | -2,791,000 | -3,931,000 | -4,926,000 | -1,764,000 |
free cash flows | 19,078,000 | 8,165,000 | 30,215,000 | 13,835,000 | -58,732,000 | 3,207,000 | 12,936,000 | -20,128,000 | -7,248,000 | -7,622,000 | 3,720,000 | 7,634,000 | -1,655,000 | -4,355,000 | 8,286,000 | 2,065,000 | -764,000 | -990,000 | -2,169,000 | -4,537,000 | -5,127,000 | -11,512,000 | -3,838,000 | -9,780,000 | -10,301,000 | -7,322,000 | -9,590,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||
purchases of property and equipment | -3,330,000 | -3,267,000 | -2,655,000 | -3,074,000 | -3,075,000 | -2,181,000 | -1,657,000 | -2,163,000 | -2,387,000 | -2,821,000 | -3,263,000 | -2,732,000 | -2,347,000 | -1,732,000 | -1,965,000 | -1,070,000 | -2,124,000 | -4,830,000 | -5,120,000 | -8,546,000 | -8,636,000 | -2,566,000 | -1,676,000 | -2,791,000 | -3,931,000 | -4,926,000 | -1,764,000 |
purchases of short-term investments | -58,626,000 | -91,068,000 | -90,399,000 | -219,729,000 | -4,920,000 | 0 | -61,745,000 | -28,782,000 | -9,779,000 | -164,798,000 | -30,887,000 | -32,124,000 | -23,736,000 | -26,963,000 | -26,687,000 | -35,580,000 | -37,407,000 | -13,475,000 | -10,901,000 | -28,697,000 | -52,863,000 | -35,368,000 | -67,705,000 | -10,346,000 | |||
maturities of short-term investments | 85,978,000 | 67,815,000 | 68,486,000 | 41,500,000 | 10,000,000 | 76,900,000 | 88,228,000 | 65,793,000 | 33,750,000 | 25,000,000 | 30,263,000 | 16,600,000 | 33,100,000 | 26,800,000 | 22,692,000 | 17,575,000 | 23,100,000 | 40,705,000 | 38,500,000 | 17,000,000 | 65,400,000 | 34,500,000 | 55,900,000 | ||||
cash paid for acquisition, net of cash acquired | -5,023,000 | 0 | |||||||||||||||||||||||||
net cash from investing activities | 18,999,000 | -46,283,000 | -24,568,000 | -181,303,000 | 2,005,000 | 74,719,000 | 20,302,000 | 34,848,000 | -19,416,000 | -142,619,000 | -3,887,000 | -18,256,000 | 7,017,000 | -3,244,000 | -5,616,000 | -19,075,000 | -15,693,000 | 22,650,000 | 24,990,000 | -20,242,000 | 3,901,000 | -3,434,000 | -9,985,000 | -13,137,000 | -101,049,000 | -5,173,000 | -1,764,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of issuance costs | 0 | 0 | 0 | -685,000 | 234,586,000 | ||||||||||||||||||||||
proceeds from issuance of common stock upon exercise of stock options | 252,000 | 1,528,000 | 1,592,000 | 1,280,000 | 38,000 | 425,000 | 537,000 | 374,000 | 575,000 | 615,000 | 907,000 | 879,000 | 3,975,000 | 4,022,000 | 3,098,000 | 1,933,000 | 2,202,000 | 4,846,000 | 2,455,000 | 2,361,000 | 916,000 | 5,749,000 | |||||
proceeds from issuance of common stock under employee stock purchase plan | 0 | 3,636,000 | 0 | 2,534,000 | 0 | 3,423,000 | 0 | ||||||||||||||||||||
payment for taxes related to net share settlement of stock options | |||||||||||||||||||||||||||
net cash from financing activities | -1,295,000 | 6,009,000 | 1,592,000 | 4,916,000 | 145,899,000 | 5,190,000 | 537,000 | 2,908,000 | 575,000 | 4,046,000 | 234,382,000 | 5,119,000 | 4,394,000 | 9,514,000 | 2,456,000 | 5,236,000 | -238,000 | 7,078,000 | 2,905,000 | 5,850,000 | 801,000 | 6,523,000 | 4,806,000 | 5,489,000 | 6,566,000 | -14,667,000 | 163,974,000 |
effect of exchange rates on cash and cash equivalents | 462,000 | 171,000 | -247,000 | 711,000 | -696,000 | -404,000 | -283,000 | 1,187,000 | -973,000 | -316,000 | -359,000 | -287,000 | -127,000 | -174,000 | -85,000 | 18,000 | 338,000 | -427,000 | |||||||||
net increase in cash and cash equivalents | 40,574,000 | -28,671,000 | 9,647,000 | -158,767,000 | 91,551,000 | 84,893,000 | 35,149,000 | 20,978,000 | -24,675,000 | -143,690,000 | 237,119,000 | -3,058,000 | 11,976,000 | 3,473,000 | 7,006,000 | -14,553,000 | 33,906,000 | 30,419,000 | |||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 256,065,000 | 0 | 0 | 203,239,000 | 0 | 0 | 113,507,000 | 0 | 0 | 94,110,000 | 0 | 0 | 54,275,000 | ||||||||||||
cash and cash equivalents, end of period | 40,574,000 | -28,671,000 | 265,712,000 | 91,551,000 | 84,893,000 | 238,388,000 | -24,675,000 | -143,690,000 | 350,626,000 | 11,976,000 | 3,473,000 | 101,116,000 | -14,553,000 | 33,906,000 | 84,694,000 | ||||||||||||
supplemental disclosure of non-cash investing and financing activities: | |||||||||||||||||||||||||||
property and equipment purchases accrued or in accounts payable | -21,000 | -62,000 | 62,000 | -209,000 | 215,000 | -60,000 | -258,000 | 189,000 | 133,000 | 41,000 | 79,000 | 24,000 | 20,000 | -115,000 | -2,486,000 | 2,604,000 | 2,157,000 | 611,000 | 288,000 | -60,000 | -702,000 | ||||||
change in fair value of debt conversion and warrant liabilities | 1,013,000 | 7,928,000 | 4,475,000 | ||||||||||||||||||||||||
cash paid for acquisition | 0 | 0 | -4,524,000 | ||||||||||||||||||||||||
donation of common stock to charitable foundation | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
asset impairment | |||||||||||||||||||||||||||
change in fair value of contingent consideration | 1,420,000 | ||||||||||||||||||||||||||
insurance proceeds for damaged property and equipment | 0 | 0 | 0 | 344,000 | 0 | 738,000 | |||||||||||||||||||||
purchase of intangible assets | 0 | 0 | |||||||||||||||||||||||||
principal payments on debt | 0 | -369,000 | -1,111,000 | ||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||
cash paid for interest | |||||||||||||||||||||||||||
cash paid for tax | |||||||||||||||||||||||||||
lapse in restrictions on early exercised common stock options | 1,000 | 7,000 | 8,000 | 10,000 | 25,000 | 32,000 | 39,000 | 205,000 | 1,860,000 | -511,000 | -94,000 | 833,000 | |||||||||||||||
purchase of intangible assets included in accrued expenses and other current liabilities | 0 | 0 | |||||||||||||||||||||||||
change in fair value of warrant liability | 4,786,000 | -30,000 | 135,000 | -452,000 | -4,523,000 | -4,373,000 | |||||||||||||||||||||
issuance costs for convertible senior notes accrued or in accounts payable | 685,000 | ||||||||||||||||||||||||||
sales of short-term investments | 0 | 0 | 0 | 2,511,000 | 1,000 | 0 | 0 | 3,496,000 | |||||||||||||||||||
principal payments on long-term debt | -1,111,000 | -1,111,000 | -1,111,000 | -1,111,000 | -1,110,000 | -1,110,000 | -1,110,000 | -1,110,000 | -1,110,000 | -1,109,000 | 0 | -417,000 | |||||||||||||||
proceeds from issuance of common stock upon exercise of stock options, net of repurchases of unvested common stock | 2,807,000 | 5,505,000 | 6,620,000 | 3,567,000 | |||||||||||||||||||||||
business combination, net of cash acquired | 0 | ||||||||||||||||||||||||||
payments under capital leases | -2,287,000 | -872,000 | -228,000 | -236,000 | |||||||||||||||||||||||
payments of offering costs | 0 | -127,000 | -2,380,000 | -1,892,000 | |||||||||||||||||||||||
proceeds of issuance of common stock under employee stock purchase plan | 3,423,000 | 0 | 3,911,000 | 0 | |||||||||||||||||||||||
proceeds from initial public offering, net of underwriters’ discounts and commissions | 0 | ||||||||||||||||||||||||||
payments under related party notes receivable | 0 | 0 | 0 | -4,344,000 | |||||||||||||||||||||||
repayments of related party notes receivable | 0 | ||||||||||||||||||||||||||
payments related to business combination | 0 | 0 | |||||||||||||||||||||||||
effect of exchange rates on cash and cash equivalents and restricted cash | 37,000 | -141,000 | -200,000 | -75,000 | 344,000 | -679,000 | 416,000 | -78,000 | |||||||||||||||||||
net increase in cash and cash equivalents and restricted cash | -10,346,000 | 8,070,000 | -6,057,000 | -7,416,000 | -14,293,000 | -101,532,000 | -21,820,000 | 154,306,000 | |||||||||||||||||||
cash and cash equivalents and restricted cash, beginning of year | |||||||||||||||||||||||||||
cash and cash equivalents and restricted cash, end of year | |||||||||||||||||||||||||||
repurchases of unvested common stock | -7,000 | -1,000 | -7,000 | -49,000 | -23,000 | -7,000 | -40,000 | -8,000 | -4,000 | 0 | -6,000 | ||||||||||||||||
benefit from doubtful accounts | 752,000 | 992,000 | 658,000 | 977,000 | 908,000 | 1,344,000 | -569,000 | 2,006,000 | 1,317,000 | 1,195,000 | |||||||||||||||||
reduction in carrying amount of right-of-use assets2 | |||||||||||||||||||||||||||
operating lease liabilities2 | |||||||||||||||||||||||||||
proceeds from long-term debt, net of issuance costs | |||||||||||||||||||||||||||
depreciation and amortization | 3,235,000 | 2,656,000 | 2,508,000 | 2,165,000 | 2,133,000 | 2,542,000 | 1,953,000 | ||||||||||||||||||||
business combinations, net of cash acquired | |||||||||||||||||||||||||||
cash and cash equivalents and restricted cash, beginning of period | 0 | 0 | 70,024,000 | 0 | 0 | 0 | 53,363,000 | ||||||||||||||||||||
cash and cash equivalents and restricted cash, end of period | 8,070,000 | -6,057,000 | 62,608,000 | -14,293,000 | -101,532,000 | -21,820,000 | 207,669,000 | ||||||||||||||||||||
lapse of restrictions on common stock related to early exercise of stock options | 59,000 | ||||||||||||||||||||||||||
deferred offering costs payable or accrued but not paid | 0 | -127,000 | -1,844,000 | 2,181,000 | |||||||||||||||||||||||
property and equipment acquired under capital leases | 57,000 | ||||||||||||||||||||||||||
reconciliation of cash and cash equivalents and restricted cash within the unaudited condensed consolidated balance sheets to the amounts shown in the unaudited condensed consolidated statements of cash flows above: | |||||||||||||||||||||||||||
cash and cash equivalents | 8,070,000 | -6,057,000 | 62,608,000 | -101,312,000 | -23,319,000 | 202,514,000 | |||||||||||||||||||||
restricted cash, current | 2,580,000 | 1,550,000 | 220,000 | ||||||||||||||||||||||||
restricted cash, net of current portion | -2,800,000 | -51,000 | 4,935,000 | ||||||||||||||||||||||||
total cash and cash equivalents and restricted cash | 8,070,000 | -6,057,000 | 62,608,000 | -101,532,000 | -21,820,000 | 207,669,000 | |||||||||||||||||||||
prepaid expenses and other current assets | -1,374,000 | -1,037,000 | -1,219,000 | -321,000 | 27,000 | -1,932,000 | |||||||||||||||||||||
other assets | 627,000 | -1,440,000 | -768,000 | 184,000 | 114,000 | -1,995,000 | |||||||||||||||||||||
accrued expenses and other current liabilities | -2,022,000 | 909,000 | 812,000 | 300,000 | 690,000 | 1,936,000 | |||||||||||||||||||||
other long-term liabilities | 1,178,000 | -1,256,000 | 597,000 | 485,000 | 150,000 | 345,000 | |||||||||||||||||||||
accretion of discount on short-term investments | -489,000 | ||||||||||||||||||||||||||
releases of deposits | |||||||||||||||||||||||||||
accrued acquisition-related payments | |||||||||||||||||||||||||||
accrued interest on related party notes receivable | |||||||||||||||||||||||||||
loss on disposal of assets | 0 | ||||||||||||||||||||||||||
reconciliation of cash and cash equivalents and restricted cash within the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above: | |||||||||||||||||||||||||||
proceeds from initial public offering costs, net of underwriters’ discounts and commissions | 0 | 164,703,000 | |||||||||||||||||||||||||
property and equipment purchases in accounts payable | 35,000 |
