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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net loss $ (21,283) $ (19,398) $ (7,475)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation 1,615 1,285 796
Stock-based compensation 7,794 4,664 1,788
Capital gain from disposal of fixed assets $ (4) (10) (5)
Amortization of deferred charges related to loan $ 187 200
Revaluation of fair value of warrants to convertible preferred stock 1,508
Changes in assets and liabilities:      
Trade receivables $ (9,567) $ (9,601) (8,233)
Prepaid expenses and other current assets 796 19 19
Trade payables (91) 540 267
Accrued expenses and other short term liabilities 6,270 5,541 3,460
Severance pay, net 79 348 377
Deferred revenues 11,554 8,517 7,427
Other long term liabilities 108 798 (75)
Net cash provided by (used in) operating activities (2,729) (7,110) 54
Cash flows from investing activities:      
Increase in short-term deposits (22,001) (30,758) (4,001)
Decrease (increase) in long-term deposits 11 39 (28)
Decrease (increase) in restricted cash (156) $ 230 $ (338)
Proceeds from sale of property and equipment 4
Purchase of property and equipment (4,536) $ (2,333) $ (1,349)
Net cash used in investing activities (26,678) (32,822) (5,716)
Cash flows from financing activities:      
Exercise of employee stock options $ 2,055 $ 382 127
Exercise of warrants to purchase Series D convertible preferred stock 1,137
Payment of deferred equity offering cost $ (1,937) $ (439)
Net proceeds from initial public offering 108,447
Net cash provided by financing activities $ 2,055 106,892 $ 825
Increase (decrease) in cash and cash equivalents (27,352) 66,960 (4,837)
Cash and cash equivalents at beginning of period 76,593 9,633 14,470
Cash and cash equivalents at end of period 49,241 76,593 $ 9,633
Supplemental disclosures of non-cash flow information      
Deferred rent fixed asset additions $ 1,355 1,071
Conversion of preferred stock to common stock 43,775
Conversion of liability warrants to equity $ 2,866
Deferred charges related to warrants granted to credit facilitator $ 263
Exercise of warrants to purchase Series D convertible preferred stock 4,679
Supplemental disclosure of cash flow information:      
Cash paid for income taxes $ 354 $ 304 $ 227