24 unchanged sentences
Information about securities authorized for issuance under our equity compensation plan is incorporated herein by reference to Item 12 of Part III of this Annual Report on Form 10-K.
−Removed: Selected Financial Data.
−Removed: The following selected historical financial data should be read in conjunction with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and our consolidated financial statements and the related notes appearing in Item 8, “Financial Statements and Supplementary Data,” of this Annual Report on Form 10-K to fully understand the factors that may affect the comparability of the information presented below.
−Removed: The selected consolidated financial data in this section are not intended to replace the consolidated financial statements and are qualified in their entirety by the consolidated financial statements and related notes included elsewhere in this Annual Report on Form 10-K.
−Removed: The following selected consolidated statements of operations data for the years ended December 31, 2020, 2019 and 2018, and the consolidated balance sheet data as of December 31, 2020 and 2019, have been derived from our audited consolidated financial statements included elsewhere in this Annual Report on Form 10-K.
−Removed: The consolidated statements of operations data for the year ended December 31, 2017 and 2016 and the consolidated balance sheet data as of December 31, 2018, 2017 and 2016 have been derived from our audited consolidated financial statements not included in this Annual Report on Form 10-K.
−Removed: Year Ended December 31,
−Removed: 2020 2019 2018 2017 (1) 2016 (1)
−Removed: (in thousands, except share and per share data)
−Removed: Consolidated Statement of Operations Data:
−Removed: Products $ 382,922 $ 297,897 $ 210,794 $ 163,016 $ 126,807
−Removed: Professional services 28,564 29,050 33,297 37,924 30,630
−Removed: Total revenue 411,486 326,947 244,091 200,940 157,437
−Removed: Cost of revenue (2) :
−Removed: Products 96,864 68,179 47,488 33,074 19,552
−Removed: Professional services 24,653 22,967 23,595 23,836 20,173
−Removed: Total cost of revenue 121,517 91,146 71,083 56,910 39,725
−Removed: Operating expenses (2) :
−Removed: Research and development 108,568 79,364 67,743 50,938 47,955
−Removed: Sales and marketing 195,981 157,722 123,310 111,593 90,524
−Removed: General and administrative 59,519 44,710 34,993 30,293 28,282
−Removed: Total operating expense 364,068 281,796 226,046 192,824 166,761
−Removed: Loss from operations (74,099) (45,995) (53,038) (48,794) (49,049)
−Removed: Interest income 1,454 6,014 3,229 862 —
−Removed: Interest expense (24,137) (13,389) (4,934) (87) 131
−Removed: Other income (expense), net (81) (433) (336) 313 (109)
−Removed: Loss before income taxes (96,863) (53,803) (55,079) (47,706) (49,027)
−Removed: Provision for (benefit from) income taxes 1,986 42 466 (2,236) (27)
−Removed: Net loss $ (98,849) $ (53,845) $ (55,545) $ (45,470) $ (49,000)
−Removed: Net loss per share, basic and diluted $ (1.94) $ (1.10) $ (1.20) $ (1.06) $ (1.19)
−Removed: Weighted-average common shares outstanding, basic and diluted 51,036,824 48,731,791 46,456,825 42,952,950 41,248,473
−Removed: (1) On January 1, 2018, we adopted Financial Accounting standards Board (FASB) Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (ASC 606) using the modified retrospective method.
−Removed: The consolidated statement of operations for the years ended December 31, 2017 and 2016 were not adjusted for the adoption of ASC 606.
−Removed: (2) Includes stock-based compensation expense and depreciation and amortization expense as follows:
−Removed: Year Ended December 31,
−Removed: 2020 2019 2018 2017 2016
−Removed: (in thousands)
−Removed: Stock-based compensation expense:
−Removed: Cost of revenue $ 4,298 $ 2,580 $ 1,692 $ 1,085 $ 610
−Removed: Research and development 24,423 15,670 10,822 7,205 6,054
−Removed: Sales and marketing 16,826 11,883 7,569 5,756 6,607
−Removed: General and administrative 18,341 10,531 7,510 5,495 4,045
−Removed: Total stock-based compensation expense $ 63,888 $ 40,664 $ 27,593 $ 19,541 $ 17,316
−Removed: Depreciation and amortization expense:
−Removed: Cost of revenue $ 13,218 $ 9,110 $ 5,673 $ 3,597 $ 2,529
−Removed: Research and development 2,844 2,083 1,336 1,077 1,080
−Removed: Sales and marketing 4,779 3,971 2,783 1,986 1,842
−Removed: General and administrative 1,790 1,364 1,305 968 1,274
−Removed: Total depreciation and amortization expense $ 22,631 $ 16,528 $ 11,097 $ 7,628 $ 6,725
−Removed: As of December 31,
−Removed: 2020 2019 2018 2017 (1) 2016 (1)
−Removed: (in thousands)
−Removed: Consolidated Balance Sheet Data:
−Removed: Cash and cash equivalents $ 173,617 $ 123,413 $ 99,565 $ 51,562 $ 53,148
−Removed: Working capital, excluding deferred revenue 398,286 309,441 310,646 139,604 101,527
−Removed: Total assets 913,122 664,913 559,369 284,136 243,303
−Removed: Total deferred revenue 309,950 267,744 248,571 224,500 169,063
−Removed: Total debt 378,586 185,200 174,688 — —
−Removed: Total liabilities 841,586 581,745 472,050 259,983 201,265
−Removed: Total stockholders’ equity 71,536 83,168 87,319 24,153 42,038
−Removed: (1) On January 1, 2018, we adopted ASC 606 using the modified retrospective method.
−Removed: The consolidated balance sheets as of December 31, 2017 and 2016 were not adjusted for the adoption of ASC 606.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.