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Equity Award Plans (Tables)
6 Months Ended
Jun. 30, 2018
Table Text Blocks  
Schedule of Restricted Stock Unit ("RSU") activity

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Weighted‑

    

Weighted‑

    

 

 

 

 

 

 

Average

 

Average Remaining

 

Aggregate

 

 

Number of

 

Grant Date Fair

 

Contractual Term

 

Intrinsic

 

 

Shares

 

Value Per Share

 

(in years)

 

Value

Outstanding at December 31, 2017

 

 —

 

$

 —

 

 —

 

$

 —

Granted

 

412,521

 

 

8.22

 

  

 

 

  

Vested

 

 —

 

 

 

 

  

 

 

  

Forfeited

 

 —

 

 

 

 

  

 

 

  

Outstanding at June 30, 2018

 

412,521

 

 

 

 

1.58

 

$

10,726

RSUs vested and expected to vest at June 30, 2018

 

368,419

 

 

 

 

1.50

 

$

9,579

RSUs vested and exercisable at June 30, 2018

 

 —

 

 

 

 

 

 

 

 —

 

Schedule of stock-based compensation expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

2018

 

2017

    

2018

    

2017

Cost of subscription, license and support revenue

 

$

137

 

$

85

 

$

273

 

$

160

Cost of services revenue

 

 

73

 

 

57

 

 

130

 

 

111

Sales and marketing expense

 

 

1,228

 

 

744

 

 

2,164

 

 

1,617

Research and development expense

 

 

894

 

 

651

 

 

1,458

 

 

1,270

General and administrative expense

 

 

1,155

 

 

623

 

 

1,851

 

 

1,209

 

 

$

3,487

 

$

2,160

 

$

5,876

 

$

4,367

 

Series A convertible preferred stock  
Table Text Blocks  
Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Weighted-

 

Average Remaining

 

 

Aggregate

 

 

Number of

 

Average

 

Contractual Term

 

 

Intrinsic

 

    

Shares

    

Exercise Price

    

(in years)

    

 

Value

Outstanding at December 31, 2017

 

4,689,576

 

$

0.98

 

5.18

 

$

10,539

Granted

 

195,312

 

 

3.60

 

 

 

 

 

Exercised

 

(360,385)

 

 

0.59

 

 

 

 

 

Forfeited

 

(351,562)

 

 

0.52

 

 

 

 

 

Converted to common stock options upon IPO

 

(4,172,941)

 

 

1.18

 

 

 

 

 

Outstanding at June 30, 2018

 

 —

 

 

 

 

 

 

 

 

 

Schedule of stock option assumptions

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 

 

    

2018

 

 

2017

Risk-free interest rate

 

2.74

%  

 

2.17

%

Expected term (in years)

 

6.25

 

 

6.25

 

Expected volatility

 

43.85

%  

 

47.42

%

Expected dividend yield

 

 —

%

 

 —

%

 

Common Stock  
Table Text Blocks  
Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted-

 

 

 

 

 

 

 

Weighted-

 

Average Remaining

 

Aggregate

 

 

Number of

 

Average

 

Contractual Term

 

Intrinsic

 

    

Shares

    

Exercise Price

    

(in years)

    

Value

Outstanding at December 31, 2017

 

14,183,221

 

$

4.89

 

7.16

 

$

17,626

Granted

 

2,905,375

 

 

12.28

 

 

 

 

 

Exercised

 

(624,019)

 

 

4.04

 

 

 

 

 

Forfeited

 

(543,216)

 

 

6.18

 

 

 

 

 

Series A options converted to common stock options upon IPO

 

1,693,197

 

 

2.90

 

 

 

 

 

Series E-1 options converted to common stock options upon IPO

 

837,835

 

 

0.86

 

 

 

 

 

Outstanding at June 30, 2018

 

18,452,393

 

$

5.68

 

7.03

 

$

375,031

Vested and expected to vest at June 30, 2018

 

17,748,554

 

$

5.54

 

6.95

 

$

363,193

Options exercisable at June 30, 2018

 

10,612,656

 

$

3.81

 

5.71

 

$

235,524

 

Schedule of stock option assumptions

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 

 

    

2018

 

2017

Risk-free interest rate

 

2.74-2.98

%  

 

2-2.17

%

Expected term (in years)

 

6.25

 

 

6.25

 

Expected volatility

 

43.62-43.85

%  

 

46.72-47.42

%

Expected dividend yield

 

 —

%  

 

 —

%