2019 Q1 Form 10-K Financial Statement

#000161417819000075 Filed on March 15, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2019 2018 Q1
Revenue $63.76M $228.3M $48.02M
YoY Change 32.78% 34.13% 34.62%
Cost Of Revenue $15.64M $57.41M $12.21M
YoY Change 28.09% 30.2% 25.62%
Gross Profit $48.12M $170.9M $35.81M
YoY Change 34.36% 35.5% 38.02%
Gross Profit Margin 75.47% 74.85% 74.58%
Selling, General & Admin $55.11M $210.4M $46.07M
YoY Change 19.62% 25.95% 31.22%
% of Gross Profit 114.53% 123.14% 128.64%
Research & Development $9.230M $36.10M $7.250M
YoY Change 27.31% 40.53% 41.88%
% of Gross Profit 19.18% 21.13% 20.24%
Depreciation & Amortization $1.780M $6.200M $1.370M
YoY Change 29.93% 40.91% 21.24%
% of Gross Profit 3.7% 3.63% 3.83%
Operating Expenses $64.34M $246.5M $53.31M
YoY Change 20.69% 27.9% 32.55%
Operating Profit -$16.22M -$75.65M -$17.50M
YoY Change -7.31% 13.51% 22.69%
Interest Expense $450.0K $1.600M $310.0K
YoY Change 45.16% 345.68% -487.5%
% of Operating Profit
Other Income/Expense, Net $50.00K -$527.0K $130.0K
YoY Change -61.54% -2.23% -176.47%
Pretax Income -$15.72M -$74.62M -$17.07M
YoY Change -7.91% 12.37% 17.64%
Income Tax -$260.0K $222.0K -$21.67M
% Of Pretax Income
Net Earnings -$15.46M -$74.84M -$17.00M
YoY Change -9.05% 12.43% 16.64%
Net Earnings / Revenue -24.25% -32.78% -35.4%
Basic Earnings Per Share
Diluted Earnings Per Share -$152.5K -$760.2K -$183.7K
COMMON SHARES
Basic Shares Outstanding 102.2M shares 94.17M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q1 2019 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $142.8M $142.8M $118.3M
YoY Change 20.65% 20.71% 384.61%
Cash & Equivalents $91.76M $91.80M $34.37M
Short-Term Investments $51.02M $51.00M $83.97M
Other Short-Term Assets $31.90M $31.90M $17.00M
YoY Change 87.65% 87.65%
Inventory
Prepaid Expenses
Receivables $55.34M $55.30M $44.66M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $230.1M $230.1M $180.0M
YoY Change 27.79% 27.83% 191.19%
LONG-TERM ASSETS
Property, Plant & Equipment $11.08M $11.10M $11.44M
YoY Change -3.16% -2.63% -1.51%
Goodwill $4.700M $4.924M
YoY Change -4.55% 10.8%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $996.0K $1.000M $919.0K
YoY Change 8.38% -76.74% -81.44%
Total Long-Term Assets $37.06M $37.00M $23.45M
YoY Change 58.05% 57.45% -4.83%
TOTAL ASSETS
Total Short-Term Assets $230.1M $230.1M $180.0M
Total Long-Term Assets $37.06M $37.00M $23.45M
Total Assets $267.1M $267.1M $203.5M
YoY Change 31.27% 31.25% 135.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.025M $8.000M $4.253M
YoY Change 88.69% 86.05% -19.8%
Accrued Expenses $29.70M $28.60M $20.30M
YoY Change 46.31% 40.89%
Deferred Revenue $135.5M $89.47M
YoY Change 51.44%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $179.8M $179.8M $118.2M
YoY Change 52.13% 52.12% 41.22%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $2.799M $2.800M $645.0K
YoY Change 333.95% -28.21% 11.98%
Total Long-Term Liabilities $2.799M $2.800M $645.0K
YoY Change 333.95% -28.21% -88.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $179.8M $179.8M $118.2M
Total Long-Term Liabilities $2.799M $2.800M $645.0K
Total Liabilities $182.6M $182.6M $122.0M
YoY Change 49.61% 49.67% 30.37%
SHAREHOLDERS EQUITY
Retained Earnings -$301.1M -$233.5M
YoY Change 28.98% 39.89%
Common Stock $109.0K $100.0K
YoY Change 9.0% 163.16%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.90M $11.91M
YoY Change -0.04% 0.0%
Treasury Stock Shares 6.505M shares 6.505M shares
Shareholders Equity $84.55M $84.50M $81.45M
YoY Change
Total Liabilities & Shareholders Equity $267.1M $267.1M $203.5M
YoY Change 31.27% 31.25% 135.34%

Cashflow Statement

Concept 2019 Q1 2019 2018 Q1
OPERATING ACTIVITIES
Net Income -$15.46M -$74.84M -$17.00M
YoY Change -9.05% 12.43% 16.64%
Depreciation, Depletion And Amortization $1.780M $6.200M $1.370M
YoY Change 29.93% 40.91% 21.24%
Cash From Operating Activities $30.82M $5.240M -$2.080M
YoY Change -1581.73% -116.17% -68.91%
INVESTING ACTIVITIES
Capital Expenditures -$950.0K $5.270M -$920.0K
YoY Change 3.26% 43.44% 53.33%
Acquisitions
YoY Change
Other Investing Activities $27.90M $33.40M $8.160M
YoY Change 241.91% -139.55%
Cash From Investing Activities $26.95M $28.13M $7.240M
YoY Change 272.24% -131.93% -1306.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.550M $24.38M 7.950M
YoY Change -30.19% -81.19% 55.27%
NET CHANGE
Cash From Operating Activities 30.82M $5.240M -2.080M
Cash From Investing Activities 26.95M $28.13M 7.240M
Cash From Financing Activities 5.550M $24.38M 7.950M
Net Change In Cash 63.32M $57.39M 13.11M
YoY Change 382.99% 507.47% -704.15%
FREE CASH FLOW
Cash From Operating Activities $30.82M $5.240M -$2.080M
Capital Expenditures -$950.0K $5.270M -$920.0K
Free Cash Flow $31.77M -$30.00K -$1.160M
YoY Change -2838.79% -99.92% -80.95%

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3325000 USD
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133000 USD
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7710000 USD
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CY2019Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2019Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2019Q1 us-gaap Deferred Tax Assets Valuation Allowance
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103000 USD
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231000 USD
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375000 USD
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100000 USD
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P3Y1M13D
CY2017Q2 us-gaap Fair Value Adjustment Of Warrants
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500000 USD
CY2017 us-gaap Fair Value Adjustment Of Warrants
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253000 USD
CY2018 us-gaap Fair Value Adjustment Of Warrants
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491000 USD
CY2019 us-gaap Fair Value Adjustment Of Warrants
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194000 USD
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609000 USD
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P5Y3M11D
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P4Y2M12D
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480000 USD
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21580000 USD
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253000 USD
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637000 USD
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3503000 USD
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147000 USD
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350000 USD
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47004000 USD
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430000 USD
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358000 USD
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17000 USD
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99000 USD
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4043000 USD
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6745000 USD
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590000 USD
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807000 USD
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7300000 USD
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0 USD
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1000 USD
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5240000 USD
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16476000 USD
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7494000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
448000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
440000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6236000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
919000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
996000 USD
CY2017 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2018 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-320000 USD
CY2019 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
280000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-541000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
492000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-75000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-541000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
172000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
205000 USD
CY2018Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3033000 USD
CY2019Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4906000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
645000 USD
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1192000 USD
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
183000 USD
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
99000 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
159000 USD
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
170000 USD
CY2018 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4263000 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
298000 USD
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2017 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
110644000 USD
CY2019 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
52916000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3505000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3674000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5270000 USD
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2019Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7703000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
14135000 USD
CY2017 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2018 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
123527000 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
5000000 USD
CY2018 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58613000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63759000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
228283000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
262000000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
242900000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
CY2018Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1846000 USD
CY2019Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2206000 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
81529000 USD
CY2019 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 USD
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
20154000 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
86320000 USD
CY2017 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 USD
CY2018 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
6041000 USD
CY2019 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
0 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1321000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11610000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18880000 USD
CY2017 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 USD
CY2018 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
3750000 USD
CY2019 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
5663000 USD
CY2017 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2018 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
79000 USD
CY2019 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
22970000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28773000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11438000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11077000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
653000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
478000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
492000 USD
CY2016 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 USD
CY2018 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
1000 USD
CY2019 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
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0 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
5000000 USD
CY2019 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19316000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25687000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
36098000 USD
CY2017Q1 us-gaap Restricted Cash
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500000 USD
CY2018Q1 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2019Q1 us-gaap Restricted Cash
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0 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-233450000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-301109000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
124261000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
37080000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40769000 USD
CY2017Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
44332000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
48020000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
170201000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50988000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
54923000 USD
CY2018 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
126980000 USD
CY2019 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
158845000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
9851000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
22360000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
44233000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
10953453 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.78
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2800000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
60300000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
79400000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
635519 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.57
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.79
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.00
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
146471000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
144934000 USD
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
22512856 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15977235 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.65
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.54
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
144545000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
15932427 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.53
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.20
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.09
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
107739000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y8M12D
CY2018Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
9241953 shares
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
5023782 shares
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
585498 shares
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
3.22
CY2018Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
4.06
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
4.35
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M28D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y4M24D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y4M21D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
3632673 shares
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
3.79
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5900102 shares
CY2018 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
120615000 USD
CY2018 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2019 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
6778000 USD
CY2018 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
119094000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
79000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1321000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11610000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18862000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
-95236000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
84549000 USD
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
6505334 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
6505334 shares
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
-127755000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
81453000 USD
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
11900000 USD
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
11905000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
11900000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
11905000 USD
CY2018Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
500000 USD
CY2019Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
100000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
200000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2018 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-1500000 USD
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
37800000 USD
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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31069695 shares
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
78632448 shares
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
98387366 shares
CY2018Q1 yext Accrued Fees To Service Providers Current
AccruedFeesToServiceProvidersCurrent
1860000 USD
CY2019Q1 yext Accrued Fees To Service Providers Current
AccruedFeesToServiceProvidersCurrent
2508000 USD
CY2018Q1 yext Common Stock Numberof Votes Per Share
CommonStockNumberofVotesPerShare
1 vote
CY2019Q1 yext Common Stock Numberof Votes Per Share
CommonStockNumberofVotesPerShare
1 vote
CY2019Q1 yext Contractual Obligation Due In Fifth Year And Thereafter
ContractualObligationDueInFifthYearAndThereafter
109000 USD
CY2017 yext Conversionof Warrants Amount Issued
ConversionofWarrantsAmountIssued
0 USD
CY2018 yext Conversionof Warrants Amount Issued
ConversionofWarrantsAmountIssued
1435000 USD
CY2019 yext Conversionof Warrants Amount Issued
ConversionofWarrantsAmountIssued
0 USD
CY2017 yext Debt Offering Costs Related To Ipo
DebtOfferingCostsRelatedToIPO
2349000 USD
CY2018 yext Debt Offering Costs Related To Ipo
DebtOfferingCostsRelatedToIPO
0 USD
CY2019 yext Debt Offering Costs Related To Ipo
DebtOfferingCostsRelatedToIPO
0 USD
CY2018Q1 yext Deferred Tax Liabilities Deferred Commissions
DeferredTaxLiabilitiesDeferredCommissions
2763000 USD
CY2019Q1 yext Deferred Tax Liabilities Deferred Commissions
DeferredTaxLiabilitiesDeferredCommissions
6966000 USD
CY2017 yext Depreciation And Amortization Of Long Lived Assets
DepreciationAndAmortizationOfLongLivedAssets
4082000 USD
CY2018 yext Depreciation And Amortization Of Long Lived Assets
DepreciationAndAmortizationOfLongLivedAssets
5123000 USD
CY2019 yext Depreciation And Amortization Of Long Lived Assets
DepreciationAndAmortizationOfLongLivedAssets
6813000 USD
CY2018Q1 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
3750000 USD
CY2019Q1 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
2635000 USD
CY2017 yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
5573000 USD
CY2018 yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
4420000 USD
CY2019 yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
16817000 USD
CY2019 yext Marketable Securities Contractual Maturity Term
MarketableSecuritiesContractualMaturityTerm
P2Y
CY2019Q1 yext Number Of Service And Application Providers
NumberOfServiceAndApplicationProviders
150 Provider
CY2019Q1 yext Operating Leases Future Minimum Payments Duein Five Yearsand Thereafter
OperatingLeasesFutureMinimumPaymentsDueinFiveYearsandThereafter
1858000 USD
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;padding-left:13px;text-indent:-14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's financial instruments that are exposed to a concentration of credit risk consist primarily of cash and cash equivalents, marketable securities and accounts receivable. Although the Company deposits its cash with multiple financial institutions, its deposits, at times, may exceed federally insured limits. Collateral is not required for accounts receivable.</font></div></div>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;padding-left:13px;text-indent:-14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expense during the reporting period. Management bases its estimates on historical experience and on various other market-specific and relevant assumptions that it believes to be reasonable under the circumstances. Actual results could differ from those estimates and such differences could be material to the financial position and results of operations.</font></div></div>

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0001614178-19-000075-index-headers.html Edgar Link pending
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0001614178-19-000075.txt Edgar Link pending
0001614178-19-000075-xbrl.zip Edgar Link pending
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yext-20190131.xml Edgar Link completed
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