Quarterly Financial Results (unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Results (unaudited)

14. Quarterly Financial Results (unaudited)

	Fourth Quarter			Third Quarter			Second Quarter			First Quarter
	(in thousands, except per share amounts)
Year ended December 31, 2019
Revenue	$	186,186		$	173,621		$	163,255		$	151,798
Cost of revenue		35,975			33,263			31,142			29,578
Gross profit		150,211			140,358			132,113			122,220
Net loss		(10,302	)		(14,987	)		(17,357	)		(11,100	)
Basic and diluted net loss per share	$	(0.24	)	$	(0.35	)	$	(0.41	)	$	(0.27	)
Year ended December 31, 2018
Revenue	$	144,022		$	131,826		$	122,576		$	114,556
Cost of revenue		27,364			25,765			24,851			22,377
Gross profit		116,658			106,061			97,725			92,179
Net loss		(11,492	)		(18,663	)		(18,225	)		(15,448	)
Basic and diluted net loss per share	$	(0.29	)	$	(0.48	)	$	(0.48	)	$	(0.41	)