2021 Q1 Form 10-K Financial Statement

#000156810021000011 Filed on March 19, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1 2019 Q1
Revenue $59.28M $45.93M $33.83M
YoY Change 29.07% 35.77% 46.96%
Cost Of Revenue $9.400M $6.350M $4.860M
YoY Change 48.03% 30.66% 22.42%
Gross Profit $49.88M $39.57M $28.97M
YoY Change 26.06% 36.59% 51.99%
Gross Profit Margin 84.14% 86.15% 85.63%
Selling, General & Admin $50.42M $37.48M $26.63M
YoY Change 34.53% 40.74% 26.33%
% of Gross Profit 101.08% 94.72% 91.92%
Research & Development $17.86M $13.85M $8.760M
YoY Change 28.95% 58.11% 31.53%
% of Gross Profit 35.81% 35.0% 30.24%
Depreciation & Amortization $1.920M $660.0K $440.0K
YoY Change 190.91% 50.0% 15.79%
% of Gross Profit 3.85% 1.67% 1.52%
Operating Expenses $68.28M $51.33M $35.38M
YoY Change 33.02% 45.08% 27.59%
Operating Profit -$18.40M -$11.76M -$6.410M
YoY Change 56.46% 83.46% -26.07%
Interest Expense -$3.370M $1.410M $650.0K
YoY Change -339.01% 116.92% 490.91%
% of Operating Profit
Other Income/Expense, Net $70.00K -$140.0K -$60.00K
YoY Change -150.0% 133.33% -116.67%
Pretax Income -$21.69M -$10.49M -$5.820M
YoY Change 106.77% 80.24% -29.02%
Income Tax $450.0K -$50.00K $390.0K
% Of Pretax Income
Net Earnings -$22.15M -$10.44M -$6.210M
YoY Change 112.16% 68.12% -25.54%
Net Earnings / Revenue -37.37% -22.73% -18.36%
Basic Earnings Per Share
Diluted Earnings Per Share -$270.3K -$135.1K -$84.36K
COMMON SHARES
Basic Shares Outstanding 83.06M shares 77.82M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $560.3M $323.4M $127.9M
YoY Change 73.27% 152.88%
Cash & Equivalents $339.2M $124.0M $127.9M
Short-Term Investments $221.1M $199.3M $0.00
Other Short-Term Assets $22.90M $16.50M $11.40M
YoY Change 38.79% 44.74%
Inventory
Prepaid Expenses
Receivables $55.12M $37.13M $33.54M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $638.3M $405.0M $172.8M
YoY Change 57.61% 134.32%
LONG-TERM ASSETS
Property, Plant & Equipment $12.64M $12.37M $5.772M
YoY Change 2.18% 114.29%
Goodwill $72.13M $0.00
YoY Change
Intangibles $26.63M $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.783M $1.651M $7.155M
YoY Change 8.0% -76.93%
Total Long-Term Assets $157.1M $30.41M $24.40M
YoY Change 416.75% 24.63%
TOTAL ASSETS
Total Short-Term Assets $638.3M $405.0M $172.8M
Total Long-Term Assets $157.1M $30.41M $24.40M
Total Assets $795.4M $435.4M $197.2M
YoY Change 82.69% 120.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.747M $6.434M $7.657M
YoY Change -10.68% -15.97%
Accrued Expenses $9.627M $7.197M $7.145M
YoY Change 33.76% 0.73%
Deferred Revenue $123.7M $87.49M $63.96M
YoY Change 41.37% 36.8%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $172.7M $115.0M $88.81M
YoY Change 50.13% 29.53%
LONG-TERM LIABILITIES
Long-Term Debt $217.5M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $5.666M $7.349M $4.185M
YoY Change -22.9% 75.6%
Total Long-Term Liabilities $5.666M $7.349M $4.185M
YoY Change -22.9% 75.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $172.7M $115.0M $88.81M
Total Long-Term Liabilities $5.666M $7.349M $4.185M
Total Liabilities $428.7M $127.5M $93.14M
YoY Change 236.35% 36.85%
SHAREHOLDERS EQUITY
Retained Earnings -$241.4M -$179.2M -$128.9M
YoY Change 34.69% 39.06%
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $366.7M $307.9M -$68.93M
YoY Change
Total Liabilities & Shareholders Equity $795.4M $435.4M $197.2M
YoY Change 82.69% 120.75%

Cashflow Statement

Concept 2021 Q1 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$22.15M -$10.44M -$6.210M
YoY Change 112.16% 68.12% -25.54%
Depreciation, Depletion And Amortization $1.920M $660.0K $440.0K
YoY Change 190.91% 50.0% 15.79%
Cash From Operating Activities $3.390M $1.810M $630.0K
YoY Change 87.29% 187.3% -120.93%
INVESTING ACTIVITIES
Capital Expenditures -$1.120M -$1.980M -$820.0K
YoY Change -43.43% 141.46% 355.56%
Acquisitions
YoY Change
Other Investing Activities -$2.240M -$57.41M
YoY Change -96.1%
Cash From Investing Activities -$3.360M -$59.39M -$820.0K
YoY Change -94.34% 7142.68% 355.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.480M 5.210M -230.0K
YoY Change -52.4% -2365.22% -146.94%
NET CHANGE
Cash From Operating Activities 3.390M 1.810M 630.0K
Cash From Investing Activities -3.360M -59.39M -820.0K
Cash From Financing Activities 2.480M 5.210M -230.0K
Net Change In Cash 2.510M -52.37M -420.0K
YoY Change -104.79% 12369.05% -84.44%
FREE CASH FLOW
Cash From Operating Activities $3.390M $1.810M $630.0K
Capital Expenditures -$1.120M -$1.980M -$820.0K
Free Cash Flow $4.510M $3.790M $1.450M
YoY Change 19.0% 161.38% -151.24%

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CY2020 us-gaap Proceeds From Issuance Initial Public Offering
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CY2020 pd Proceeds From Collection Of Longterm Loans To Related Parties Financing Activities
ProceedsFromCollectionOfLongtermLoansToRelatedPartiesFinancingActivities
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Interest Paid Net
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CY2021 us-gaap Stock Issued1
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CY2019 pd Stock Offering Costs Incurred But Not Yet Paid
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CY2021 pd Business Combination Consideration Transferred Payments Accrued But Not Yet Paid
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BusinessCombinationConsiderationTransferredPaymentsAccruedButNotYetPaid
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CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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CY2021 us-gaap Number Of Operating Segments
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CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2019Q1 us-gaap Restricted Cash
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CY2021 us-gaap Use Of Estimates
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<div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make, on an ongoing basis, estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from these estimates. The Company’s most significant estimates and judgments involve the valuation of the Company’s stock-based awards, including the determination of fair value of common stock (prior to the closing of the IPO) and the fair value of the employee stock purchase plan (“ESPP”) expense, period of benefit for amortizing deferred contract costs, the determination of the allowance for doubtful accounts, the provision for income taxes, including the related valuation allowance and any uncertain tax positions, fair value of the liability and equity components of the Convertible Senior Notes (the “Notes”), fair value of acquired assets and assumed liabilities, impairment of goodwill and intangible assets, the incremental borrowing rate for lease liabilities, and estimates related to our revenue recognition, such as the assessment of performance obligations in our revenue arrangements and the fair value assigned to each performance obligation, among others. Management bases its estimates on historical experience and on various other assumptions which management believes to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2019, the novel coronavirus and resulting disease (“COVID-19”) was reported and in March 2020 the World Health Organization declared it a pandemic. The extent of the impact of COVID-19 on our operational and financial performance will depend on certain developments, including the duration and spread of the outbreak, impact on our customers and our sales cycles, and impact on our employees, as discussed in more detail in the Overview section of our Management’s Discussion and Analysis. During the fiscal year ended January 31, 2021, this uncertainty resulted in a higher level of judgment related to our estimates and assumptions related to the estimate of credit losses for accounts receivable. As of the date of issuance of the financial statements, we are not </span></div>aware of any specific event or circumstance that would require us to update our estimates, judgments, or revise the carrying value of our assets or liabilities. These estimates may change as new events occur and additional information is obtained and are recognized in the consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to our financial statements.
CY2021Q1 us-gaap Capitalized Contract Cost Net
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CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable
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1561000 USD
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810000 USD
CY2021 us-gaap Provision For Doubtful Accounts
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1188000 USD
CY2021 pd Accounts Receivable Allowance For Credit Loss Writeoff After Recovery
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810000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021 pd Contract With Customer Liability Payment Terms Period Post Invoice Date
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P30D
CY2021Q1 us-gaap Capitalized Contract Cost Amortization Period
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CY2020Q1 us-gaap Capitalized Contract Cost Net
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25700000 USD
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11000000.0 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
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7800000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
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4500000 USD
CY2021 us-gaap Capitalized Contract Cost Impairment Loss
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CY2019 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2020 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2019Q1 us-gaap Capitalized Contract Cost Net
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17472000 USD
CY2020 pd Capitalized Contract Costs Additions
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15996000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
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7780000 USD
CY2020Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
25688000 USD
CY2021 pd Capitalized Contract Costs Additions
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16876000 USD
CY2021 us-gaap Capitalized Contract Cost Amortization
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10977000 USD
CY2021Q1 us-gaap Capitalized Contract Cost Net
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31587000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:9pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Risk and Significant Customers</span></div><div style="margin-bottom:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, held-to-maturity investments, available-for-sale investments, and accounts receivable. All of the Company’s cash and cash equivalents and investments are invested in money market funds, United States (“U.S.”) Treasury securities, commercial paper, corporate debt securities, or U.S. Government agency securities that management believes to be of high credit quality.</span></div>
CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
1000000.0 USD
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
0 USD
CY2019 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
0 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
10100000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
5100000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
5100000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021Q1 us-gaap Cash
Cash
184308000 USD
CY2020Q1 us-gaap Cash
Cash
2131000 USD
CY2021Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
139870000 USD
CY2020Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
118899000 USD
CY2021Q1 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
14988000 USD
CY2020Q1 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
2994000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
339166000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
124024000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
221112000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
199340000 USD
CY2021Q1 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
0 USD
CY2020Q1 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
28035000 USD
CY2021Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
221112000 USD
CY2020Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
227375000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
220769000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
343000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
221112000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
199203000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
137000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
199340000 USD
CY2020Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
28035000 USD
CY2020Q1 pd Debt Securities Held To Maturity Accumulated Unrecognized Gain Loss
DebtSecuritiesHeldToMaturityAccumulatedUnrecognizedGainLoss
0 USD
CY2020Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
28035000 USD
CY2020Q1 us-gaap Debt Securities
DebtSecurities
227238000 USD
CY2020Q1 pd Debt Securities Available For Sale And Held To Maturity Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAndHeldToMaturityAccumulatedGrossUnrealizedGainLossBeforeTax
137000 USD
CY2020Q1 pd Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
227375000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
171498000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
171837000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
49271000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
49275000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
220769000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
221112000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
128127000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
128169000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
71076000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
71171000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
199203000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
199340000 USD
CY2021 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale
0 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23701000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
19617000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11062000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7248000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12639000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12369000 USD
CY2021 pd Depreciation Depletion And Amortization Excluding Capitalized Costs Related To Implementation Of Third Party Cloud Applications
DepreciationDepletionAndAmortizationExcludingCapitalizedCostsRelatedToImplementationOfThirdPartyCloudApplications
3800000 USD
CY2020 pd Depreciation Depletion And Amortization Excluding Capitalized Costs Related To Implementation Of Third Party Cloud Applications
DepreciationDepletionAndAmortizationExcludingCapitalizedCostsRelatedToImplementationOfThirdPartyCloudApplications
2200000 USD
CY2019 pd Depreciation Depletion And Amortization Excluding Capitalized Costs Related To Implementation Of Third Party Cloud Applications
DepreciationDepletionAndAmortizationExcludingCapitalizedCostsRelatedToImplementationOfThirdPartyCloudApplications
1700000 USD
CY2021Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2138000 USD
CY2020Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1436000 USD
CY2021Q1 pd Accrued Event Costs Current
AccruedEventCostsCurrent
294000 USD
CY2020Q1 pd Accrued Event Costs Current
AccruedEventCostsCurrent
300000 USD
CY2021Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
0 USD
CY2020Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
790000 USD
CY2021Q1 pd Accrued Hosting And Infrastructure Costs
AccruedHostingAndInfrastructureCosts
708000 USD
CY2020Q1 pd Accrued Hosting And Infrastructure Costs
AccruedHostingAndInfrastructureCosts
689000 USD
CY2021Q1 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
0 USD
CY2020Q1 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
509000 USD
CY2021Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
1350000 USD
CY2020Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
961000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5137000 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2512000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9627000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7197000 USD
CY2021Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
8657000 USD
CY2020Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2599000 USD
CY2021Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
19715000 USD
CY2020Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
11312000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
28372000 USD
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13911000 USD
CY2021 pd Business Combination Consideration Transferred Payments Accrued But Not Yet Paid
BusinessCombinationConsiderationTransferredPaymentsAccruedButNotYetPaid
200000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
0 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
72126000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
72126000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
27800000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1167000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26633000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1200000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3500000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3433000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3300000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3300000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2927000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
10173000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26633000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24691000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5262000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26542000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2021Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
5769000 USD
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
879000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1325000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
5416000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6329000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6512000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6693000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6892000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2762000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6256000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
35444000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3640000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
31804000 USD
CY2020Q2 pd Debt Instrument Convertible Proceeds From Issuance Net Of Purchase Discounts And Debt Issuance Costs Paid Or Payable
DebtInstrumentConvertibleProceedsFromIssuanceNetOfPurchaseDiscountsAndDebtIssuanceCostsPaidOrPayable
278200000 USD
CY2020Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
40.08
CY2020Q2 pd Debt Instrument Convertible Carrying Amount Of Equity Component Gross
DebtInstrumentConvertibleCarryingAmountOfEquityComponentGross
70800000 USD
CY2021Q1 pd Debt Issuance Costs Gross Equity Component
DebtIssuanceCostsGrossEquityComponent
2300000 USD
CY2021Q1 pd Debt Instrument Convertible Carrying Amount Of Equity Component Gross
DebtInstrumentConvertibleCarryingAmountOfEquityComponentGross
70768000 USD
CY2021Q1 pd Debt Issuance Costs Gross Equity Component
DebtIssuanceCostsGrossEquityComponent
2290000 USD
CY2021Q1 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
68478000 USD
CY2020Q2 pd Payments For Capped Call Option Related To Convertible Debt
PaymentsForCappedCallOptionRelatedToConvertibleDebt
35700000 USD
CY2021 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
24500000 USD
CY2021 us-gaap Longterm Purchase Commitment Period
LongtermPurchaseCommitmentPeriod
P5Y
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
303700000 USD
CY2021 us-gaap Longterm Purchase Commitment Period
LongtermPurchaseCommitmentPeriod
P5Y
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
92569000 USD
CY2019Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
64104000 USD
CY2018Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
38169000 USD
CY2021 pd Contract With Customer Liability Billings
ContractWithCustomerLiabilityBillings
248279000 USD
CY2020 pd Contract With Customer Liability Billings
ContractWithCustomerLiabilityBillings
194816000 USD
CY2019 pd Contract With Customer Liability Billings
ContractWithCustomerLiabilityBillings
143758000 USD
CY2021 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
2680000 USD
CY2020 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
0 USD
CY2019 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
0 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-213556000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-166351000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-117823000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
129972000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
92569000 USD
CY2019Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
64104000 USD
CY2021 pd Contract With Customer Liability Percent Of Total Revenue Recognized
ContractWithCustomerLiabilityPercentOfTotalRevenueRecognized
0.41
CY2020 pd Contract With Customer Liability Percent Of Total Revenue Recognized
ContractWithCustomerLiabilityPercentOfTotalRevenueRecognized
0.38
CY2019 pd Contract With Customer Liability Percent Of Total Revenue Recognized
ContractWithCustomerLiabilityPercentOfTotalRevenueRecognized
0.32
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
120500000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P24M
CY2021 pd Sharebased Compensation Arrangement By Sharebased Payment Award Number Of Plans
SharebasedCompensationArrangementBySharebasedPaymentAwardNumberOfPlans
2 equity_incentive_plan
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
18059506 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
13126301 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3041000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
13060282 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
11841156 shares
CY2021Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
30324547 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14498045 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.37
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y9M18D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
231300000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
487499 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
19.58
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2906096 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.78
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
901610 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.37
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11177838 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.25
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M24D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
452452000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
7222379 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
5.31
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y3M18D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
313625000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.16
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.07
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.87
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
72100000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
61700000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10500000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
32300000 USD
CY2021 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
283689 shares
CY2020 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
18153 shares
CY2019 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
210775 shares
CY2019 us-gaap Noncash Contribution Expense
NoncashContributionExpense
6200000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43231000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27205000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25295000 USD
CY2019 us-gaap Noncash Contribution Expense
NoncashContributionExpense
6200000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-68903000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-50339000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-40741000 USD
CY2021 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
79614000 shares
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
65544000 shares
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21410000 shares
CY2021 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.87
CY2020 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.77
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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