XML 64 R6.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net loss $ (10,480) $ (5,163)
Adjustments to reconcile net loss to net cash (used in) operating activities    
Depreciation of property and equipment 725 669
Amortization of line of credit issuance costs 65 47
Amortization of acquired intangible assets 357 385
Amortization of deferred commissions 1,627 1,020
Amortization of right-of-use operating lease asset 309 317
Stock-based compensation expense 3,522 0
Provision for accounts receivable allowances 910 222
Changes in operating assets and liabilities    
Accounts receivable (2,122) (768)
Prepaid expenses and other current assets (313) (102)
Deferred commissions (2,500) (1,228)
Accounts payable and accrued expenses (305) (1,518)
Deferred revenue 4,299 2,565
Lease liabilities (597) (319)
Net cash (used in) operating activities (4,503) (3,873)
Cash flows from investing activities    
Purchases of property and equipment (313) (156)
Net cash (used in) investing activities (313) (156)
Cash flows from financing activities    
Proceeds from underwriters' purchase of over-allotment shares, related to the Company's initial public offering, net of underwriters’ discounts and commissions 9,954 0
Payments for line of credit issuance costs (132) (47)
Proceeds from exercise of stock options 142 6
Employee taxes paid related to the net share settlement of stock-based awards (3,082) 0
Payments of deferred offering costs 0 (202)
Net cash provided by (used in) financing activities 6,882 (243)
Net increase (decrease) in cash and cash equivalents 2,066 (4,272)
Cash and cash equivalents    
Beginning of period 135,310 26,190
End of period 137,376 21,918
Supplemental noncash disclosures    
Operating lease liability arising from operating ROU asset obtained 5,481 0
Noncash exercise of stock warrants 140
Deferred offering costs, accrued but not yet paid $ 216 $ 37