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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Subscription and support $ 33,154 $ 19,407 $ 60,883 $ 37,542
Perpetual license 683 1,746 2,309 2,440
Total product revenue 33,837 21,153 63,192 39,982
Professional services 2,109 2,128 4,369 4,051
Total revenue 35,946 23,281 67,561 44,033
Cost of revenue:        
Subscription and support 9,580 6,676 18,829 12,569
Professional services 1,269 1,327 2,665 2,462
Total cost of revenue 10,849 8,003 21,494 15,031
Gross profit 25,097 15,278 46,067 29,002
Operating expenses:        
Sales and marketing 5,248 4,037 9,656 7,258
Research and development 5,286 4,003 10,177 7,480
Refundable Canadian tax credits (203) (112) (305) (229)
General and administrative 8,464 6,576 15,464 12,480
Depreciation and amortization 3,853 1,299 5,983 2,463
Acquisition-related expenses 3,140 2,278 6,242 5,969
Total operating expenses 25,788 18,081 47,217 35,421
Loss from operations (691) (2,803) (1,150) (6,419)
Other expense:        
Interest expense, net (3,143) (1,160) (5,637) (2,095)
Loss on debt extinguishment 0 (1,634) 0 (1,634)
Other income (expense), net (524) (18) (221) (130)
Total other expense (3,667) (2,812) (5,858) (3,859)
Loss before provision for income taxes (4,358) (5,615) (7,008) (10,278)
Provision for income taxes (872) (196) (1,383) (1,147)
Net loss $ (5,230) $ (5,811) $ (8,391) $ (11,425)
Net loss per common share:        
Net loss per common share, basic and diluted (in USD per share) $ (0.26) $ (0.33) $ (0.42) $ (0.66)
Weighted-average common shares outstanding, basic and diluted (in shares) 19,901,599 17,778,184 19,830,401 17,374,789