XML 42 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:      
Net loss $ (50,149)us-gaap_NetIncomeLoss $ (40,225)us-gaap_NetIncomeLoss $ (22,541)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 9,044us-gaap_DepreciationDepletionAndAmortization 4,536us-gaap_DepreciationDepletionAndAmortization 1,916us-gaap_DepreciationDepletionAndAmortization
Stock-based compensation expense 11,666us-gaap_AllocatedShareBasedCompensationExpense 6,220us-gaap_AllocatedShareBasedCompensationExpense 8,686us-gaap_AllocatedShareBasedCompensationExpense
Deferred tax (422)us-gaap_DeferredIncomeTaxesAndTaxCredits    
Change in fair value of preferred stock warrant liability 82us-gaap_FairValueAdjustmentOfWarrants 718us-gaap_FairValueAdjustmentOfWarrants 13us-gaap_FairValueAdjustmentOfWarrants
Other 376us-gaap_OtherOperatingActivitiesCashFlowStatement 225us-gaap_OtherOperatingActivitiesCashFlowStatement 125us-gaap_OtherOperatingActivitiesCashFlowStatement
Changes in operating assets and liabilities, net of acquisition of business:      
Accounts receivable (8,565)us-gaap_IncreaseDecreaseInAccountsReceivable (3,036)us-gaap_IncreaseDecreaseInAccountsReceivable (1,285)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other assets (1,449)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (754)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (791)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable 1,012us-gaap_IncreaseDecreaseInAccountsPayable 2,284us-gaap_IncreaseDecreaseInAccountsPayable 701us-gaap_IncreaseDecreaseInAccountsPayable
Accrued compensation and benefits and other liabilities 4,790us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 2,069us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 1,194us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Deferred revenue 18,948us-gaap_IncreaseDecreaseInDeferredRevenue 5,388us-gaap_IncreaseDecreaseInDeferredRevenue 2,776us-gaap_IncreaseDecreaseInDeferredRevenue
Deferred rent 1,046us-gaap_IncreaseDecreaseInDeferredLiabilities 1,862us-gaap_IncreaseDecreaseInDeferredLiabilities 2,006us-gaap_IncreaseDecreaseInDeferredLiabilities
Net cash used in operating activities (13,621)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (20,713)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (7,200)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:      
Purchases of property and equipment (12,628)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (9,758)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (5,698)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Down payment for property and equipment   (1,269)newr_AdvancedPaymentsToAcquirePropertyPlantAndEquipment  
Acquisition of Few Ducks, S.L., net of cash acquired (2,262)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired    
Decrease (increase) in restricted cash 978us-gaap_IncreaseDecreaseInRestrictedCash (1,001)us-gaap_IncreaseDecreaseInRestrictedCash (4,600)us-gaap_IncreaseDecreaseInRestrictedCash
Purchases of short-term investments (114,468)us-gaap_PaymentsToAcquireShortTermInvestments    
Proceeds from sale and maturity of short-term investments 18,717us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments    
Capitalized software development costs (9,017)us-gaap_PaymentsToDevelopSoftware (5,199)us-gaap_PaymentsToDevelopSoftware (2,873)us-gaap_PaymentsToDevelopSoftware
Net cash used in investing activities (118,680)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (17,227)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (13,171)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:      
Proceeds from issuances of preferred stock, net of issuance costs 97,243us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock   59,767us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
Proceeds from initial public offering, net of issuance costs 119,924us-gaap_ProceedsFromIssuanceInitialPublicOffering    
Principal payments on debt (271)us-gaap_RepaymentsOfDebt    
Proceeds from issuance of common stock 1,209us-gaap_ProceedsFromIssuanceOfCommonStock 294us-gaap_ProceedsFromIssuanceOfCommonStock 255us-gaap_ProceedsFromIssuanceOfCommonStock
Net cash provided by financing activities 218,105us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 294us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 60,022us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash and cash equivalents 85,804us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (37,646)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 39,651us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 19,453us-gaap_CashAndCashEquivalentsAtCarryingValue 57,099us-gaap_CashAndCashEquivalentsAtCarryingValue 17,448us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 105,257us-gaap_CashAndCashEquivalentsAtCarryingValue 19,453us-gaap_CashAndCashEquivalentsAtCarryingValue 57,099us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:      
Cash paid for interest 91us-gaap_InterestPaid 52us-gaap_InterestPaid 66us-gaap_InterestPaid
Noncash investing and financing activities:      
Issuance of common stock for the acquisition of Few Ducks, S.L. 1,826us-gaap_StockIssued1    
Conversion and net exercise of preferred stock warrants 632us-gaap_ConversionOfStockAmountConverted1    
Net exercise of preferred stock warrants in connection with the initial public offering 280us-gaap_ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants    
Issuance of Series D warrants in connection with facility lease     10newr_WarrantsIssuedInConnectionWithOperatingLease
Vesting of early exercised options     12newr_VestingOfEarlyExercisedStockOptions
Property and equipment purchased but not paid yet 464us-gaap_CapitalExpendituresIncurredButNotYetPaid 619us-gaap_CapitalExpendituresIncurredButNotYetPaid 1,479us-gaap_CapitalExpendituresIncurredButNotYetPaid
Accrued initial public offering costs   $ 237newr_AccruedInitialPublicOfferingStockIssuanceCost