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Selected Quarterly Financial Data (unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (unaudited) Selected Quarterly Financial Data (unaudited)
Selected summarized quarterly financial information for the years ended 2019 and 2018 is as follows:
 
 
Three Months Ended
 
 
March 31, 2018
 
June 30, 2018
 
September 30, 2018
 
December 31, 2018
 
March 31, 2019
 
June 30, 2019
 
September 30, 2019
 
December 31, 2019
Revenues
 
$
54,808

 
$
58,574

 
$
60,541

 
$
67,177

 
$
71,296

 
$
77,646

 
$
79,702

 
$
86,840

Cost of revenues
 
26,977

 
29,303

 
30,140

 
35,435

 
37,184

 
40,052

 
40,447

 
44,802

Gross profit
 
27,831

 
29,271

 
30,401

 
31,742

 
34,112

 
37,594

 
39,255

 
42,038

Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sales and marketing
 
10,966

 
12,108

 
11,467

 
13,583

 
15,805

 
15,866

 
15,700

 
16,576

Research and development
 
11,157

 
11,756

 
12,904

 
15,517

 
17,657

 
19,118

 
19,617

 
19,881

General and administrative
 
10,296

 
10,798

 
11,237

 
12,659

 
13,860

 
14,079

 
13,418

 
15,382

Acquisition related costs
 
256

 
258

 
1,811

 
1,820

 
2,718

 
1,977

 
2,758

 
8,574

Amortization of acquired intangibles
 
368

 
368

 
251

 
857

 
1,215

 
905

 
912

 
3,307

Unoccupied lease charges
 

 
658

 

 

 

 

 
244

 
176

Total operating expenses
 
33,043

 
35,946

 
37,670

 
44,436

 
51,255

 
51,945

 
52,649

 
63,896

Loss from operations
 
(5,212
)
 
(6,675
)
 
(7,269
)
 
(12,694
)
 
(17,143
)
 
(14,351
)
 
(13,394
)
 
(21,858
)
Total other income (expense), net
 
(1,023
)
 
(2,105
)
 
(1,877
)
 
(2,345
)
 
(2,207
)
 
(3,217
)
 
(5,206
)
 
(5,988
)
Loss before income taxes
 
(6,235
)
 
(8,780
)
 
(9,146
)
 
(15,039
)
 
(19,350
)
 
(17,568
)
 
(18,600
)
 
(27,846
)
Benefit from income taxes
 
187

 
153

 
287

 
3,176

 
39

 
237

 
31

 
12,180

Net loss
 
$
(6,048
)
 
$
(8,627
)
 
$
(8,859
)
 
$
(11,863
)
 
$
(19,311
)
 
$
(17,331
)
 
$
(18,569
)
 
$
(15,666
)
Net loss per common share, basic and diluted
 
$
(0.14
)
 
$
(0.20
)
 
$
(0.21
)
 
$
(0.27
)
 
$
(0.44
)
 
$
(0.39
)
 
$
(0.39
)
 
$
(0.32
)