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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (35,656) $ (31,430)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 2,349 2,098
Stock-based compensation 21,379 12,883
Amortization of deferred commissions 4,157 3,249
Noncash operating lease costs 2,242 1,960
Amortization of debt discount and issuance costs 1,689 0
Changes in assets and liabilities:    
Trade receivables 42,927 36,785
Prepaid expenses and other current assets (1,673) 342
Deferred commissions (3,873) (2,236)
Other long-term assets 900 (82)
Trade payables (213) (174)
Accrued expenses and other short-term liabilities (5,029) (6,922)
Deferred revenues (7,618) (12,603)
Other long-term liabilities (1,198) 4
Net cash provided by operating activities 20,383 3,874
Cash flows from investing activities:    
Increase in short-term deposits (12,225) (4,805)
Decrease in marketable securities 6,036 7,794
Decrease in long-term deposits 2,460 34
Purchases of property and equipment (1,116) (2,609)
Net cash provided by (used in) investing activities (4,845) 414
Cash flows from financing activities:    
Proceeds from follow-on offering, net 500,034 0
Proceeds from employee stock plans, net 3,942 4,316
Net cash provided by financing activities 503,976 4,316
Increase in cash and cash equivalents 519,514 8,604
Cash and cash equivalents at beginning of period 234,092 68,929
Cash and cash equivalents at end of period 753,606 77,533
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 2,822 502
Net lease liabilities arising from obtaining right-of-use assets $ 7,785 $ 0