10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-17-006320 |
| Period End Date | 20170430 |
| Filing Date | 20170608 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | okta-20170430.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.02M | USD | Point-in-time |
| Allowance for accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.31M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.71M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$221.73M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$23.28M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$2.50M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$14.39M | USD | Point-in-time |
| Accounts receivable, net of allowances of $1,025 and $1,306 |
AccountsReceivableNetCurrent
|
$32.17M | USD | Point-in-time |
| Accounts receivable, net of allowances of $1,025 and $1,306 |
AccountsReceivableNetCurrent
|
$34.54M | USD | Point-in-time |
| Deferred commissions |
DeferredSalesCommissionsCurrent
|
$13.55M | USD | Point-in-time |
| Deferred commissions |
DeferredSalesCommissionsCurrent
|
$13.13M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.27M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$7.03M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$279.80M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$92.79M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$11.03M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$13.18M | USD | Point-in-time |
| Deferred commissions, noncurrent |
DeferredSalesCommission
|
$10.05M | USD | Point-in-time |
| Deferred commissions, noncurrent |
DeferredSalesCommission
|
$9.46M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$9.84M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$9.15M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.28M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.63M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.67M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$4.98M | USD | Point-in-time |
| Total assets |
Assets
|
$130.63M | USD | Point-in-time |
| Total assets |
Assets
|
$320.23M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$11.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$15.91M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
OtherLiabilitiesCurrent
|
$5.85M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
OtherLiabilitiesCurrent
|
$4.82M | USD | Point-in-time |
| Accrued compensation |
EmployeeRelatedLiabilitiesCurrent
|
$6.61M | USD | Point-in-time |
| Accrued compensation |
EmployeeRelatedLiabilitiesCurrent
|
$9.87M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$108.01M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$115.72M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$135.63M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$143.06M | USD | Point-in-time |
| Deferred revenue, noncurrent |
DeferredRevenueNoncurrent
|
$5.71M | USD | Point-in-time |
| Deferred revenue, noncurrent |
DeferredRevenueNoncurrent
|
$4.93M | USD | Point-in-time |
| Other liabilities, noncurrent |
OtherLiabilitiesNoncurrent
|
$6.32M | USD | Point-in-time |
| Other liabilities, noncurrent |
OtherLiabilitiesNoncurrent
|
$4.95M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$154.31M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$146.29M | USD | Point-in-time |
| Commitments and contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Redeemable convertible preferred stock |
TemporaryEquityCarryingAmountAttributableToParent
|
- | USD | Point-in-time |
| Redeemable convertible preferred stock |
TemporaryEquityCarryingAmountAttributableToParent
|
$227.95M | USD | Point-in-time |
| Preferred stock |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$44.47M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$483.02M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-99.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-167.00K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-317.01M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-287.91M | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$-243.60M | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$165.92M | USD | Point-in-time |
| Total liabilities, redeemable convertible preferred stock and stockholders equity (deficit) |
LiabilitiesAndStockholdersEquity
|
$130.63M | USD | Point-in-time |
| Total liabilities, redeemable convertible preferred stock and stockholders equity (deficit) |
LiabilitiesAndStockholdersEquity
|
$320.23M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Subscription |
LicenseAndServicesRevenue
|
$27.56M | USD | 1 Quarter |
| Subscription |
LicenseAndServicesRevenue
|
$48.36M | USD | 1 Quarter |
| Professional services and other |
TechnologyServicesRevenue
|
$4.22M | USD | 1 Quarter |
| Professional services and other |
TechnologyServicesRevenue
|
$4.65M | USD | 1 Quarter |
| Total revenue |
SalesRevenueServicesNet
|
$53.01M | USD | 1 Quarter |
| Total revenue |
SalesRevenueServicesNet
|
$31.79M | USD | 1 Quarter |
| Subscription |
CostOfServicesLicensesAndServices
|
$7.46M | USD | 1 Quarter |
| Subscription |
CostOfServicesLicensesAndServices
|
$11.16M | USD | 1 Quarter |
| Professional services and other |
TechnologyServicesCosts
|
$4.92M | USD | 1 Quarter |
| Professional services and other |
TechnologyServicesCosts
|
$6.31M | USD | 1 Quarter |
| Total cost of revenue |
CostOfServices
|
$12.38M | USD | 1 Quarter |
| Total cost of revenue |
CostOfServices
|
$17.46M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$35.54M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$19.41M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$15.36M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$8.77M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$26.40M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$37.18M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.95M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$11.64M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$42.11M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$64.18M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-28.63M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-22.70M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-19.00K | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$32.00K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-22.67M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-28.65M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$248.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$81.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-22.75M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-28.90M | USD | 1 Quarter |
| Net loss per share attributable to common stockholders, basic and diluted (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$-0.73 | USD | 1 Quarter |
| Net loss per share attributable to common stockholders, basic and diluted (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$-1.22 | USD | 1 Quarter |
| Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
39.78M | shares | 1 Quarter |
| Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
18.57M | shares | 1 Quarter |
Cash Flow Statement
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-22.75M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-28.90M | USD | 1 Quarter |
| Depreciation, amortization and accretion |
DepreciationAmortizationandAccretionExcludingAmortizationofDeferredSalesCommissions
|
$1.57M | USD | 1 Quarter |
| Depreciation, amortization and accretion |
DepreciationAmortizationandAccretionExcludingAmortizationofDeferredSalesCommissions
|
$887.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$3.37M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$8.91M | USD | 1 Quarter |
| Amortization of deferred commissions |
AmortizationOfDeferredSalesCommissions
|
$3.05M | USD | 1 Quarter |
| Amortization of deferred commissions |
AmortizationOfDeferredSalesCommissions
|
$4.04M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-270.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$130.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-2.24M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-3.09M | USD | 1 Quarter |
| Deferred commissions |
IncreaseDecreaseInDeferredCompensation
|
$-2.76M | USD | 1 Quarter |
| Deferred commissions |
IncreaseDecreaseInDeferredCompensation
|
$-3.03M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$3.14M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.88M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$3.78M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$3.68M | USD | 1 Quarter |
| Accrued compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-2.85M | USD | 1 Quarter |
| Accrued compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-2.12M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-223.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-182.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$2.44M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$6.92M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-15.04M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-9.69M | USD | 1 Quarter |
| Capitalization of internal-use software costs |
PaymentsToAcquireIntangibleAssets
|
$1.21M | USD | 1 Quarter |
| Capitalization of internal-use software costs |
PaymentsToAcquireIntangibleAssets
|
$1.23M | USD | 1 Quarter |
| Purchases of property and equipment and other |
PaymentsToAcquirePropertyPlantAndEquipment
|
$927.00K | USD | 1 Quarter |
| Purchases of property and equipment and other |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.45M | USD | 1 Quarter |
| Proceeds from sales of securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Proceeds from sales of securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$1.54M | USD | 1 Quarter |
| Proceeds from maturities and redemption of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$3.00M | USD | 1 Quarter |
| Proceeds from maturities and redemption of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$10.34M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$841.00K | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$8.22M | USD | 1 Quarter |
| Proceeds from initial public offering, net of underwriters' discounts and commissions |
ProceedsFromIssuanceInitialPublicOffering
|
$200.00M | USD | 1 Quarter |
| Proceeds from initial public offering, net of underwriters' discounts and commissions |
ProceedsFromIssuanceInitialPublicOffering
|
- | USD | 1 Quarter |
| Payments of deferred offering costs |
PaymentsOfStockIssuanceCosts
|
$2.25M | USD | 1 Quarter |
| Payments of deferred offering costs |
PaymentsOfStockIssuanceCosts
|
$390.00K | USD | 1 Quarter |
| Proceeds from stock option exercises, net of repurchases, and other |
ProceedsFromStockOptionsExercised
|
$2.56M | USD | 1 Quarter |
| Proceeds from stock option exercises, net of repurchases, and other |
ProceedsFromStockOptionsExercised
|
$124.00K | USD | 1 Quarter |
| Principal payments on financing arrangements |
RepaymentsOfLongTermDebt
|
$71.00K | USD | 1 Quarter |
| Principal payments on financing arrangements |
RepaymentsOfLongTermDebt
|
$207.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-337.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$200.11M | USD | 1 Quarter |
| Effects of changes in foreign currency exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$68.00K | USD | 1 Quarter |
| Effects of changes in foreign currency exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$47.00K | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-14.48M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$198.71M | USD | 1 Quarter |
| Cash and cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.60M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$221.99M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$58.08M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$23.28M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.60M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$221.99M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$58.08M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$23.28M | USD | Point-in-time |
| Vesting of early exercised common stock options |
VestingOfEarlyExercisedCommonStockOptions
|
$328.00K | USD | 1 Quarter |
| Vesting of early exercised common stock options |
VestingOfEarlyExercisedCommonStockOptions
|
$356.00K | USD | 1 Quarter |
| Issuance of common stock in connection with warrant exercises |
StockIssuedForWarrantsExercised
|
- | USD | 1 Quarter |
| Issuance of common stock in connection with warrant exercises |
StockIssuedForWarrantsExercised
|
$272.00K | USD | 1 Quarter |
| Deferred offering costs, accrued but not yet paid |
DeferredStockIssuanceCostsIncurredButNotYetPaid
|
$1.77M | USD | 1 Quarter |
| Deferred offering costs, accrued but not yet paid |
DeferredStockIssuanceCostsIncurredButNotYetPaid
|
$125.00K | USD | 1 Quarter |
| Property and equipment and other, accrued but not yet paid |
CapitalExpendituresIncurredButNotYetPaid
|
$1.93M | USD | 1 Quarter |
| Property and equipment and other, accrued but not yet paid |
CapitalExpendituresIncurredButNotYetPaid
|
$1.18M | USD | 1 Quarter |
| Issuance of common stock in connection with business combination |
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
|
- | USD | 1 Quarter |
| Issuance of common stock in connection with business combination |
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
|
$2.16M | USD | 1 Quarter |
| Conversion of redeemable convertible preferred stock to common stock |
ConversionOfStockAmountConverted1
|
- | USD | 1 Quarter |
| Conversion of redeemable convertible preferred stock to common stock |
ConversionOfStockAmountConverted1
|
$228.36M | USD | 1 Quarter |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.60M | USD | Point-in-time |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$221.99M | USD | Point-in-time |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$58.08M | USD | Point-in-time |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$23.28M | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-22.75M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-28.90M | USD | 1 Quarter |
| Net change in unrealized gains on available-for-sale securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
- | USD | 1 Quarter |
| Net change in unrealized gains on available-for-sale securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$32.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$47.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$68.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$79.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$68.00K | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-28.83M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-22.67M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.