XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Operating activities      
Net loss $ (36,439) $ (28,066) $ (15,002)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 2,003 1,905  
Stock-based compensation 4,196 2,681  
Change in assets and liabilities:      
Prepaid expenses 3,852 1,086  
Accrued revenue 1,241 (1,650)  
Other current assets (3,661) (1,582)  
Other long-term assets (103) 384  
Accounts payable 1,029 (2,912)  
Accrued liabilities 7,248 5,839  
Deferred lease liability (268) 501  
Origination of loans held for sale (9,477) 0  
Proceeds from sale of loans originated as held for sale 9,887 0  
Net cash used in operating activities (20,492) (21,814)  
Investing activities      
Maturities and sales of short-term investments 0 1,251  
Purchases of short-term investments 0 (1,252)  
Purchases of property and equipment (2,305) (4,781)  
Net cash used in investing activities (2,305) (4,782)  
Financing activities      
Proceeds from exercise of stock options 5,946 551  
Tax payment related to net share settlements on restricted stock units (59) 0  
Payment of initial public offering costs 0 (1,579)  
Borrowings from warehouse credit facilities 9,265 0  
Repayments of warehouse credit facilities (9,924) 0  
Other payables - customer escrow deposits related to title services 6,808 4,651  
Net cash provided by financing activities 12,036 3,623  
Net change in cash and cash equivalents, and restricted cash (10,761) (22,973)  
Cash, cash equivalents, and restricted cash:      
Beginning of period 212,658 67,845 67,845
End of period 201,897 44,872 $ 212,658
Supplemental Cash Flow Information [Abstract]      
Accretion of redeemable convertible preferred stock 0 (24,770)  
Stock-based compensation capitalized in property and equipment (124) (74)  
Initial public offering cost accruals 0 (190)  
Property and equipment additions in accounts payable and accrued expenses (55) (37)  
Leasehold improvements paid directly by lessor 0 (104)  
Cash-in-transit for exercised stock options $ (56) $ 0