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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 11,648 $ 18,106
Accounts receivable, net 9,613 14,402
Prepaid expenses and other current assets 3,042 2,555
Total current assets 24,303 35,063
Property and equipment, net 13,802 13,797
Operating lease right-of-use assets 12,097 12,645
Intangible assets, net 11,847 12,589
Goodwill 19,411 19,465
Other assets 1,305 1,044
Total assets 82,765 94,603
Current liabilities    
Accounts payable 6,561 7,825
Accrued expenses and other current liabilities 17,554 21,291
Deferred revenue 4,894 2,464
Revolving line of credit 4,000 4,000
Total current liabilities 33,009 35,580
Deferred tax liability 70 63
Operating lease liabilities 10,112 10,863
Other liabilities 219 287
Total liabilities 43,410 46,793
Commitments and contingencies (Note 9)
Stockholders’ equity    
Common stock, $0.0001 par value. Authorized 100,000 shares; 28,258 and 26,603 shares issued and outstanding at March 31, 2020 and 27,938 and 26,283 shares issued and outstanding at December 31, 2019 3 3
Additional paid-in capital 564,615 562,332
Treasury stock at cost, 1,655 shares at March 31, 2020 and December 31, 2019 (35,706) (35,706)
Accumulated other comprehensive loss (82) (20)
Accumulated deficit (489,475) (478,799)
Total stockholders’ equity 39,355 47,810
Total liabilities and stockholders’ equity $ 82,765 $ 94,603