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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ (19,228) $ (21,232)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 1,970 1,610
Stock-based compensation 14,445 9,455
Capital gain from disposal of fixed assets (14) (2)
Changes in assets and liabilities:    
Trade receivables 9,181 17,311
Prepaid expenses and other current assets (838) (930)
Trade payables 78 (1,668)
Accrued expenses and other short term liabilities 4,167 (502)
Severance pay 41 28
Deferred revenues 1,390 402
Other long term liabilities (346) 64
Net cash provided by operating activities 10,846 4,536
Cash flows from investing activities:    
Increase in short-term investments (9,473) (13,250)
Increase in long-term deposits (209) (27)
Increase in restricted cash (43) (41)
Proceeds on sales of property and equipment 14 2
Purchase of property and equipment (3,572) (2,576)
Net cash used in investing activities (13,283) (15,892)
Cash flows from financing activities:    
Proceeds from employee stock plans, net 7,600 3,803
Net cash provided by financing activities 7,600 3,803
Increase (decrease) in cash and cash equivalents 5,163 (7,553)
Cash and cash equivalents at beginning of period 48,315 49,241
Cash and cash equivalents at end of period 53,478 41,688
Supplemental disclosure of non-cash flow information:    
Deferred rent fixed asset additions 37
Cash paid for income taxes $ 278 $ 133