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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ (4,826) $ 209
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 483 442
Stock-based compensation 1,350 908
Changes in operating assets and liabilities:    
Accounts receivable, net 4,219 (799)
Contract assets, current 389  
Prepaid expenses and other assets (84) 220
Third-party software fees payable (6,869) (721)
Accounts payable and accrued expenses 427 (906)
Deferred revenue (1,149) 2,076
Deferred rent (238) (223)
Net cash provided (used) by operating activities (6,298) 1,206
Cash flows from investing activities:    
Purchases of equipment and furniture (344) (368)
Proceeds from maturities of short-term investments 25,702 18,200
Purchases of short-term investments (20,440) (24,159)
Reduction of restricted cash equivalents   250
Net cash provided (used) by investing activities 4,918 (6,077)
Cash flows provided by financing activities:    
Proceeds from exercise of stock options 174 832
Effect of exchange rates on cash 25 (58)
Net decrease in cash and cash equivalents (1,181) (4,097)
Cash and cash equivalents, beginning of period 14,312 16,443
Cash and cash equivalents, end of period $ 13,131 $ 12,346