XML 27 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets
$ in Thousands
Feb. 29, 2020
USD ($)
Current assets:  
Cash and cash equivalents $ 33,155
Accounts receivable 294
Unbilled revenue 895
Current portion of deferred contract acquisition costs 1,368
Current portion of deferred financing fees 279
Prepaid and other current assets 12,944
Total current assets 48,935
Property and equipment, net 13,625
Goodwill 4,013
Acquired technology, net 2,054
Deferred contract acquisition costs 3,876
Other assets 745
Total assets 73,248
Current liabilities:  
Accounts payable 5,273
Accrued expenses 6,580
Accrued compensation 23,838
Deferred rent and other current liabilities 674
Due to customers 4,674
Current portion of deferred revenue 28,919
Total current liabilities 69,958
Loans payable, net of unamortized issuance costs 21,144
Deferred rent and other noncurrent liabilities 5,523
Deferred revenue 396
Total liabilities 97,021
Convertible preferred stock :  
Preferred stock par value $0.0001; 25,000,000 shares authorized; 0 and 19,513,939 issued and outstanding at August 31, 2020 and February 29, 2020, respectively 233,022
Commitments (note 13)
Stockholders' deficit  
Common stock par value $0.0001; 65,000,000 shares authorized; 3,616,549 and 6,033,450 shares issued and outstanding at February 28, 2019 and February 29, 2020, respectively; 500,000,000 shares authorized, 36,914,769 shares issued and outstanding, pro forma 2
Additional paid-in capital 64,071
Accumulated deficit (320,868)
Total stockholders' equity (deficit) (256,795)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) 73,248
Pro forma  
Current assets:  
Cash and cash equivalents 84,321
Accounts receivable 294
Unbilled revenue 895
Current portion of deferred contract acquisition costs 1,368
Current portion of deferred financing fees 279
Prepaid and other current assets 12,944
Total current assets 100,101
Property and equipment, net 13,625
Goodwill 4,013
Acquired technology, net 2,054
Deferred contract acquisition costs 3,876
Other assets 745
Total assets 124,414
Current liabilities:  
Accounts payable 5,273
Accrued expenses 6,580
Accrued compensation 23,838
Deferred rent and other current liabilities 674
Due to customers 4,674
Current portion of deferred revenue 28,919
Total current liabilities 69,958
Loans payable, net of unamortized issuance costs 72,310
Deferred rent and other noncurrent liabilities 5,523
Deferred revenue 396
Total liabilities 148,187
Convertible preferred stock :  
Commitments (note 13)
Stockholders' deficit  
Common stock par value $0.0001; 65,000,000 shares authorized; 3,616,549 and 6,033,450 shares issued and outstanding at February 28, 2019 and February 29, 2020, respectively; 500,000,000 shares authorized, 36,914,769 shares issued and outstanding, pro forma 4
Additional paid-in capital 297,091
Accumulated deficit (320,868)
Total stockholders' equity (deficit) (23,773)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 124,414