CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Revenues | |||
| Subscription and support | $ 117,524 | $ 80,080 | $ 49,029 |
| Professional services | 5,599 | 3,527 | 2,648 |
| Total revenues | 123,123 | 83,607 | 51,677 |
| Cost of revenues | |||
| Subscription and support | 25,900 | 19,773 | 14,380 |
| Professional services | 4,311 | 2,956 | 2,218 |
| Total cost of revenues | 30,211 | 22,729 | 16,598 |
| Gross profit | 92,912 | 60,878 | 35,079 |
| Operating expenses | |||
| Sales and marketing | 77,810 | 56,546 | 31,837 |
| Research and development | 21,125 | 18,216 | 9,705 |
| General and administrative | 27,911 | 20,928 | 11,716 |
| Total operating expenses | 126,846 | 95,690 | 53,258 |
| Loss from operations | (33,934) | (34,812) | (18,179) |
| Other expense | |||
| Interest expense, net | (5,932) | (3,215) | (3,047) |
| Change in fair value of the common stock warrant liability | (5,880) | (420) | (3,700) |
| Other expense, net | (11,812) | (3,635) | (6,747) |
| Loss before income taxes | (45,746) | (38,447) | (24,926) |
| Benefit from income taxes | (6,587) | (13,713) | (8,174) |
| Net loss | $ (39,159) | $ (24,734) | $ (16,752) |
| Net loss per share, basic and diluted | $ (0.92) | $ (0.61) | $ (0.42) |
| Weighted average common shares outstanding, basic and diluted | 42,497 | 40,579 | 40,089 |