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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 197,762 $ 107,721
Accounts receivable, net of allowances of $3,030 and $2,600 at December 31, 2017 and 2016, respectively (includes related party receivables of $169 and $393 at December 31, 2017 and 2016, respectively) 39,169 36,867
Prepaid expenses 5,475 6,044
Other current assets 1,145 2,278
Total current assets 243,551 152,910
Property and equipment, net 70,710 66,941
Goodwill 53,270 53,270
Intangible assets, net 15,912 19,774
Other assets 1,391 1,553
Total assets 384,834 294,448
Current liabilities    
Accounts payable (includes related party payables of $3,200 and $2,925 at December 31, 2017 and 2016, respectively) 18,620 13,827
Accrued employee expenses 6,568 8,951
Accrued expenses and other current liabilities (includes related party accrued expenses of $52 and $992 at December 31, 2017 and 2016, respectively) 12,790 12,583
Total current liabilities 37,978 35,361
Deferred tax liabilities 812 2,994
Lease financing obligation, net of current portion 29,129 28,833
Other liabilities 3,797 2,679
Total liabilities 71,716 69,867
Commitments and contingencies
Stockholders’ Equity    
Preferred stock — $0.0001 par value; 20,000,000 shares authorized at December 31, 2017 and 2016, respectively; no shares issued and outstanding at December 31, 2017 and 2016 0 0
Common stock — $0.0001 par value; 1,000,000,000 shares authorized at December 31, 2017 and 2016, respectively; 100,428,656 and 86,159,527 shares issued and outstanding at December 31, 2017 and 2016, respectively 10 9
Additional paid-in capital 664,192 542,807
Accumulated deficit (351,084) (318,235)
Total stockholders’ equity 313,118 224,581
Total liabilities and stockholders’ equity $ 384,834 $ 294,448