Interim Consolidated Financial Statements (Tables)

9 Months Ended

Sep. 30, 2020

Summary of End-of-period Cash and Cash Equivalents and Cash, Cash Equivalents and Restricted Cash from Financial Statements

The following table summarizes the end-of-period cash and cash equivalents from the Company's Consolidated Balance Sheets and the total cash, cash equivalents and restricted cash as presented in the accompanying Consolidated Statements of Cash Flows (in thousands).

	Nine Months Ended September 30,
	2020		2019
Cash and cash equivalents	$	73,027	$	67,629
Restricted cash classified in (1):
Prepaid expenses and other current assets		345		717
Other assets		38		628
Cash, cash equivalents and restricted cash shown in statement of cash flows	$	73,410	$	68,974

(1)

Restricted cash consists of collateral required for letters of credit and credit card processing outside of the U.S. The short-term or long-term classification regarding the collateral for the letters of credit is determined in accordance with the expiration of the underlying lease as the letters of credit are non-cancellable while the leases are in effect.

Summary of Allowance for Expected Credit Losses on Accounts Receivable

The allowance for expected credit losses on accounts receivable for the nine months ended September 30, 2020 is summarized as follows (in thousands):

	Total Allowance
Balance at December 31, 2019	$	628
Cumulative effect adjustment of adopting Topic 326		218
Provision for expected credit losses		591
Write-offs		(637	)
Translation adjustments		(4	)
Balance at September 30, 2020	$	796