XML 17 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net loss $ (24,138) $ (8,278)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 673 567
Bad debt expense 0 4
Deferred income taxes (91) (883)
Stock-based compensation 10,919 0
Fair value adjustment for warrant liability 341 200
Loss on extinguishment of debt 384 0
Changes in assets and liabilities:    
Accounts receivable 4,329 6,208
Prepaid expenses and other assets (3,184) (2,360)
Deferred commissions (1,056) (1,389)
Accounts payable and accrued expenses 1,202 (2,931)
Accrued compensation and related benefits (339) 1,617
Other current liabilities (75) (1,377)
Deferred revenue 1,043 374
Other long-term liabilities (143) 433
Net cash used in operating activities (10,135) (7,815)
Cash flows from investing activities:    
Purchases of property and equipment (295) (935)
Net cash used in investing activities (295) (935)
Cash flows from financing activities:    
Proceeds from initial public offering, net of underwriting discounts 80,213 0
Payment of deferred initial public offering costs (2,424) 0
Payment of dividend to Series A preferred stockholders (7,565) 0
Proceeds from exercise of common stock options 664 0
Proceeds from issuance of long-term debt, net of debt issuance costs 19,616 20,000
Repayment of long-term debt (40,000) (10,000)
Net cash provided by financing activities 50,504 10,000
Effect of foreign exchange rate changes on cash and cash equivalents 1,072 (907)
Net increase in cash and cash equivalents 41,146 343
Cash and cash equivalents, beginning of period 31,143 31,393
Cash and cash equivalents, end of period 72,289 31,736
Supplemental disclosure of cash flow information:    
Cash paid for interest 0 643
Cash paid for income taxes 484 580
Supplemental disclosure of non-cash financing activities:    
Accretion of dividends on convertible preferred stock 357 642
Conversion of Convertible Preferred Stock to Common Stock    
Supplemental disclosure of non-cash financing activities:    
Conversion of convertible stock 48,207 0
Conversion of Convertible Preferred Stock Warrant to Common Stock Warrant    
Supplemental disclosure of non-cash financing activities:    
Conversion of convertible stock $ 1,191 $ 0