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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net loss $ (18,852) $ (14,603)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 814 692
Stock-based compensation expense 2,267 1,927
Amortization of premium on short-term investments 89 70
Interest accrued on long-term debt 42 37
Conversion of accrued interest to long-term debt 359 315
Changes in operating assets and liabilities:    
Accounts receivable, net 5,466 4,198
Inventory (837) (2,379)
Prepaid expenses and other (193) 758
Other assets (82) 0
Accounts payable (2,103) 270
Accrued liabilities (3,382) (4,610)
Deferred revenue (244) 20,002
Deferred rent and other liabilities 1,390 904
Net cash (used in) provided by operating activities (15,266) 7,581
Investing activities    
Purchases of property and equipment (2,493) (828)
Proceeds from sale of short-term investments 1,000 1,250
Proceeds from maturity of short-term investments 10,775 11,200
Purchases of short-term investments (10,125) (12,450)
Net cash used in investing activities (843) (828)
Financing activities    
Repayment of lease financing obligations 32 68
Tax withholdings related to net share settlements of restricted stock units (248) 0
Proceeds from issuance of common stock for employee stock purchase plan 926 767
Proceeds from exercise of stock options 288 269
Net cash provided by financing activities 934 968
Net (decrease) increase in cash and cash equivalents (15,175) 7,721
Effect of exchange rate changes on cash and cash equivalents 8 10
Cash and cash equivalents    
Beginning of period 20,583 21,856
End of period $ 5,416 $ 29,587