JFrog Ltd

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $1.1m $2.8m $3.7m $8.7m $14.7m $15.3m $21.5m $24.5m
Net amortization of premium or discount on investments ($374k) $1.9m $5.5m $2.4m ($6.4m) ($6.6m) ($5.2m)
Share-based compensation expense $20.2m $9.4m $23.9m $56.9m $68.7m $95.2m $131.1m $156.7m
Non-cash operating lease expense $8.6m $0 $0 $6.1m $7.4m $8.5m $8.4m $9.0m
Operating lease liabilities $0 $0 ($5.1m) ($9.1m) ($7.7m) ($8.1m) ($8.8m)
Net loss ($26.0m) ($5.4m) ($9.4m) ($64.2m) ($90.2m) ($61.3m) ($69.2m) ($71.8m)
Losses (gains) on foreign exchange $0 $1.8m ($421k) $642k ($819k)
Accounts receivable ($7.0m) ($4.9m) ($12.3m) ($12.8m) ($11.2m) ($14.1m) ($13.5m) ($29.3m)
Prepaid expenses and other assets ($3.6m) ($4.1m) ($7.0m) ($17.7m) $9.3m $2.2m ($7.8m) ($5.5m)
Deferred contract acquisition costs ($2.1m) ($2.4m) ($2.2m) ($6.2m) ($7.2m) ($7.8m) ($12.1m) ($15.1m)
Accounts payable $1.5m $1.8m $4.9m $504k $4.1m $1.7m ($7.3m) $3.6m
Accrued expenses and other liabilities $402k $1.1m $5.5m $13.1m $2.2m $10.7m $13.8m $20.8m
Deferred revenue $24.0m $12.1m $20.5m $43.0m $28.6m $38.4m $60.1m $67.8m
Purchases of property and equipment ($2.1m) ($1.8m) ($3.5m) ($4.2m) ($4.3m) ($2.0m) ($3.1m) ($3.5m)
Purchases of intangible asset ($1.0m) $0 $0 ($600k) ($300k) $0 $0
Proceeds from exercise of share options $270k $1.2m $3.5m $6.8m $5.9m $10.0m $10.4m $12.1m
Proceeds from employee share purchase plan $0 $0 $3.1m $5.2m $6.7m $8.7m $11.9m
Proceeds from employee equity transactions, net of payments to tax authorities and employees $1.7m $2.1m $7.2m
Purchase of property and equipment during the period included in accounts payable $404k $268k $276k $509k $91k $187k $60k $53k
Fair value of ordinary shares issued as consideration for business combination $11k $0 $81.8m $0 $0 $13.4m $0
Fair value of replacement awards in business combination $0 $0 $375k $0
Net cash provided by operating activities $8.6m $10.0m $29.5m $27.9m $21.4m $74.2m $110.9m $145.7m
Payments for business combinations, net of cash acquired ($20.9m) $0 ($195.8m) ($179k) $0 ($156.7m) $0
Purchases of short-term investments ($203.5m) ($450.7m) ($266.3m) ($411.2m) ($392.4m) ($513.6m) ($625.9m)
Maturities of short-term investments $47.4m $137.8m $353.1m $336.9m $409.9m $477.1m
Sales of short-term investments $29.2m $4.6m $9.6m $4.0m $98.2m $0
Net cash used in investing activities ($3.1m) ($149.6m) ($311.8m) ($125.5m) ($53.3m) ($53.5m) ($165.4m) ($152.3m)
Net cash provided by financing activities $114.5m $736k $406.1m $1.4m $11.0m $18.4m $21.2m $31.2m
Effect of exchange rate changes on cash, cash equivalents and restricted cash $0 $0 ($2.0m) $120k ($949k) $1.3m
Net increase (decrease) in cash, cash equivalents, and restricted cash $120.0m ($138.8m) $123.8m ($96.2m) ($22.9m) $39.2m ($34.1m) $25.9m
Cash, cash equivalents, and restricted cash—beginning of period $179.8m $40.9m $164.7m $68.5m $45.6m $84.8m $50.6m $76.6m