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Consolidated Statement of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:                      
Subscription and support $ 24,756 $ 23,169 $ 19,407 $ 18,135 $ 17,062 $ 17,029 $ 16,220 $ 15,241 $ 85,467 $ 65,552 $ 57,193
Perpetual license 1,050 856 1,746 694 542 332 458 318 4,346 1,650 2,805
Total product revenue 25,806 24,025 21,153 18,829 17,604 17,361 16,678 15,559 89,813 67,202 59,998
Professional services 2,041 2,047 2,128 1,923 1,770 1,880 1,892 2,023 8,139 7,565 9,913
Total revenue 27,847 26,072 23,281 20,752 19,374 19,241 18,570 17,582 97,952 74,767 69,911
Cost of revenue:                      
Subscription and support 8,148 7,737 6,676 5,893 6,127 5,747 5,634 5,226 28,454 22,734 19,586
Professional services 1,355 1,376 1,327 1,135 1,056 1,045 1,106 1,624 5,193 4,831 7,085
Total cost of revenue 9,503 9,113 8,003 7,028 7,183 6,792 6,740 6,850 33,647 27,565 26,671
Gross profit 18,344 16,959 15,278 13,724 12,191 12,449 11,830 10,732 64,305 47,202 43,240
Operating expenses:                      
Sales and marketing 3,791 4,258 4,037 3,221 3,041 3,097 2,953 3,069 15,307 12,160 12,965
Research and development 4,223 4,092 4,003 3,477 3,218 3,737 4,054 3,910 15,795 14,919 15,778
Refundable Canadian tax credits (118) (195) (112) (117) (173) (115) (116) (109) (542) (513) (470)
General and administrative 5,727 5,084 6,576 5,904 4,946 4,670 4,547 4,123 23,291 18,286 18,201
Depreciation and amortization 2,387 1,648 1,299 1,164 1,021 1,322 1,476 1,472 6,498 5,291 4,534
Acquisition-related expenses 4,724 4,399 2,278 3,691 728 1,047 1,380 2,428 15,092 5,583 2,455
Total operating expenses 20,734 19,286 18,081 17,340 12,781 13,758 14,294 14,893 75,441 55,726 53,463
Loss from operations (2,390) (2,327) (2,803) (3,616) (590) (1,309) (2,464) (4,161) (11,136) (8,524) (10,223)
Other expense:                      
Interest expense, net (2,210) (2,277) (1,160) (935) (849) (709) (662) (561) (6,582) (2,781) (1,858)
Other income (expense), net 549 (130) (18) (112) 427 (64) (293) (748) 289 (678) (544)
Total other expense (1,661) (773) (2,812) (1,047) (422) (773) (955) (1,309) (6,293) (3,459) (2,402)
Loss before provision for income taxes (4,051) (3,100) (5,615) (4,663) (1,012) (2,082) (3,419) (5,470) (17,429) (11,983) (12,625)
Provision for income taxes 257 (406) (196) (951) (961) (308) (158) (103) (1,296) (1,530) (1,039)
Net loss $ (3,794) $ (3,506) $ (5,811) $ (5,614) $ (1,973) $ (2,390) $ (3,577) $ (5,573) $ (18,725) $ (13,513) $ (13,664)
Net loss per common share:                      
Net loss per common share, basic and diluted (in USD per share) $ (0.19) $ (0.18) $ (0.33) $ (0.33) $ (0.12) $ (0.14) $ (0.22) $ (0.36) $ (1.02) $ (0.82) $ (0.91)
Weighted-average common shares outstanding, basic and diluted (in shares)                 18,411,247 16,472,799 14,939,601