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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Significant Accounting Policies  
Summary of financial assets and liabilities measured at fair value on a recurring basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2014

 

At December 31, 2013

 

 

 

 

 

 

Total Fair

 

 

 

 

Total Fair

 

 

 

Level 1

 

Value

 

Level 1

 

Value

 

Cash equivalents

  

$

145,284 

  

$

145,284 

  

$

7,726 

  

$

7,726 

 

Total Assets

 

$

145,284 

 

$

145,284 

 

$

7,726 

 

$

7,726 

 

 

Summary of changes in Level 3 financial instruments

 

 

 

 

 

 

 

 

 

 

 

    

Contingent

 

 

 

Consideration

 

Fair value at December 31, 2011

 

$

428 

 

Changes in fair value

 

 

1,370 

 

Fair value at December 31, 2012

 

$

1,798 

 

Changes in fair value

 

 

95 

 

Payments on contingent consideration

 

 

(1,893)

 

Fair value at December 31, 2013

 

$

 —

 

 

Summary of changes in the allowance for doubtful accounts and sales allowances

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2014

 

2013

    

2012

 

Allowances, at beginning of period

    

$

2,184 

    

$

1,621 

 

$

2,369 

 

Charged as a reduction of revenue

 

 

4,797 

 

 

6,985 

 

 

6,898 

 

Charged to bad debt expense in general and administrative expenses

 

 

373 

 

 

153 

 

 

668 

 

Write-offs, net of recoveries

 

 

(5,285)

 

 

(6,575)

 

 

(8,314)

 

Allowances, at end of period

 

$

2,069 

 

$

2,184 

 

$

1,621 

 

 

Schedule of amortization expense with respect to capitalized software development costs

 

 

 

 

 

Years ended December 31,

    

 

 

 

2015

 

 

8,043 

 

2016

 

 

6,238 

 

2017

 

 

3,477 

 

Total amortization expense

 

$

17,758 

 

 

Schedule of fair value of awards granted to employees using the Black Scholes option pricing model

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

 

December 31,

 

 

    

2014

    

2013

    

2012

 

Risk-free interest rate

 

1.93 

%

 

1.41 

%

 

0.96 

%

 

Expected term (years)

 

6.24 

 

 

6.06 

 

 

6.00 

 

 

Expected volatility

 

58 

%

 

61 

%

 

60 

%

 

Dividend yield

 

 —

 

 

 

 

 —

 

 

 

Schedule of anti-dilutive shares excluded from the calculation of diluted net loss per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2014

 

2013

 

2012

 

Options to purchase common stock

    

25,590 

    

18,363 

    

15,419 

 

Common stock warrants

 

3,926 

 

5,931 

 

5,154 

 

Conversion of convertible preferred stock

 

 —

 

2,857 

 

 —

 

Unvested restricted stock awards

 

828 

 

55 

 

122 

 

Contingently redeemable shares

 

 —

 

 

126 

 

Convertible promissory notes

 

 —

 

 

3,444 

 

Total shares excluded from net loss per share attributable to common stockholders

 

30,344 

 

27,206 

 

24,265