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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities        
Net loss $ (12,891) $ (14,630) $ (36,461) $ (33,106)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities        
Depreciation and amortization 944 1,058 2,916 3,354
Stock-based compensation expense 3,670 3,082 10,562 7,876
(Recovery of) provision for doubtful accounts (92) 222 78 348
Realized gain on sale of available-for-sale securities 0 (7) (6) (7)
Amortization (accretion) of premiums and discounts on marketable securities, net 36 32 111 32
Recognition of deferred government grant obligation (247) (236) (910) (508)
Deferred income tax 5 0 (7) 0
Changes in assets and liabilities:        
Accounts receivable (4,009) 47 (6,734) (1,448)
Deferred commissions (135) (217) (264) (104)
Other receivables (365) (44) (447) (656)
Prepaid expenses and other 415 (218) (1,098) (139)
Other assets (455) 72 (841) 166
Accounts payable 279 857 380 2,276
Deferred revenue 13,228 1,686 15,412 3,528
Accrued expenses and other liabilities 2,410 3,578 (3,012) 1,732
Change in restricted cash 0 0 0 101
Net cash provided by (used in) operating activities 2,793 (4,718) (20,321) (16,555)
Cash flows from investing activities        
Purchase of property and equipment (91) (629) (1,100) (1,659)
Purchase of marketable securities 0 (15,692) (802) (15,692)
Sale of marketable securities 0 3,012 7,197 3,012
Purchase of intangible assets (38) (66) (152) (344)
Net cash (used in) provided by investing activities (129) (13,375) 5,143 (14,683)
Cash flows from financing activities        
Payment of equity issuance costs 0 0 0 (1,346)
Proceeds from option exercises 840 1,062 1,360 1,495
Taxes paid related to net share settlements of stock-based compensation awards 0 0 (761) 0
Changes in restricted cash 0 0 0 300
Repayment of other long-term debt 0 (17) (18) (84)
Principal payments on capital lease and financing obligations (538) (522) (1,446) (1,683)
Distributions to members 0 0 0 (35)
Proceeds from government grants 0 235 183 548
Payments of issuance costs on line of credit 0 0 (33) 0
Net cash provided by (used in) financing activities 302 758 (715) (805)
Effect of foreign exchange rates on cash (9) (3) (15) 6
Net increase (decrease) in cash and cash equivalents 2,957 (17,338) (15,908) (32,037)
Cash and cash equivalents at beginning of period 39,885 86,432 58,750 101,131
Cash and cash equivalents at end of period 42,842 69,094 42,842 69,094
Supplemental cash flow disclosure        
Cash paid for interest 600 488 1,392 1,407
Cash paid for income taxes, net of refunds (26) 0 22 0
Supplemental disclosure of noncash investing and financing activities        
Fixed assets acquired through capital lease arrangements 0 0 0 527
Allowance for tenant improvements 80 0 481 698
Accrued distributions to members 0 0 0 60
Purchases of property and equipment, accrued but not paid $ 505 $ 0 $ 505 $ 0