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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ (20,044) $ 54,343 $ (45,291)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Depreciation and amortization 2,197 855 968
Stock-based compensation 5,464 8,686 6,102
Impairment of right-of-use lease asset 939    
Foreign currency translation loss 102 0 0
Deferred income taxes 431 109 (32)
Other (3) 26 1
Changes in operating assets and liabilities:      
Accounts and other receivables (2,334) (245) 576
Prepaid expenses and other current assets (4,374) (4,015) 141
Other assets (11,379) (7,188) (197)
Accounts payable (2,815) (3,035) 696
Accrued compensation (1,104) (185) (620)
Other current liabilities (728) (702) (491)
Deferred revenue (4,150) 21,406 (5,575)
Other long-term liabilities 3,699 (131) (107)
Net cash (used in) provided by operating activities (34,099) 69,924 (43,829)
Cash flows provided by (used in) investing activities:      
Purchases of short-term investments (8,930) (17,693) (23,807)
Proceeds from maturities of short-term investments 20,000 26,004 35,000
Purchases of property and equipment (150) (74) (125)
Net cash provided by investing activities 10,920 8,237 11,068
Cash flows provided by (used in) financing activities:      
Proceeds from issuance of common stock under employee stock purchase plan 165 218 328
Proceeds from stock options exercise 1,245 7,987 518
Cash paid for purchases of treasury stock (2,741) 0 (328)
Net cash (used in) provided by financing activities (1,331) 8,205 518
Net (decrease) increase in cash and cash equivalents (24,510) 86,366 (32,243)
Cash and cash equivalents:      
Beginning of year 110,988 24,622 56,865
End of year 86,478 110,988 24,622
Supplemental disclosure of cash flow information:      
Cash paid for taxes 160 151 191
Supplemental disclosure of non-cash operating, investing, and financing activities:      
Cashless option exercise under company stock plan 0 1,478 0
Release of Restricted Stock Units and Awards under company stock plan $ 7,190 $ 2,806 $ 2,661