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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue $ 48,493 $ 31,615
Cost of revenue 14,788 10,645
Gross profit 33,705 20,970
Operating expenses:    
Sales and marketing 6,982 4,408
Research and development 6,398 4,891
Refundable Canadian tax credits (86) (102)
General and administrative 9,994 7,000
Depreciation and amortization 5,259 2,130
Acquisition-related expenses 7,723 3,102
Total operating expenses 36,270 21,429
Loss from operations (2,565) (459)
Other expense:    
Interest expense, net (5,116) (2,494)
Other income (expense), net (761) 303
Total other expense (5,877) (2,191)
Loss before provision for income taxes (8,442) (2,650)
Benefit from (provision for) income taxes 612 (511)
Net loss $ (7,830) $ (3,161)
Net loss per common share:    
Net loss per common share, basic and diluted (in dollars per share) $ (0.38) $ (0.16)
Weighted-average common shares outstanding, basic and diluted (in shares) 20,442,626 19,759,203
Total product revenue    
Revenue $ 45,640 $ 29,355
Subscription and support    
Revenue 44,983 27,729
Cost of revenue 13,274 9,249
Perpetual license    
Revenue 657 1,626
Professional services    
Revenue 2,853 2,260
Cost of revenue $ 1,514 $ 1,396