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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 58,164 $ 47,659
Accounts receivable net of allowance for doubtful accounts of $1,265 and $982 as of June 30, 2019 and December 31, 2018 respectively. 116,566 104,387
Prepaid expenses and other current assets 3,933 3,381
Total current assets 178,663 155,427
Long-term assets:    
Operating lease right-of-use asset, net of amortization 25,152 0
Property and equipment net of accumulated depreciation of $3,168 and $2,696 as of June 30, 2019 and December 31, 2018, respectively 2,336 2,789
Intangible assets, net 3,949 4,379
Goodwill 9,448 9,478
Deferred tax assets 126 193
Other assets 2,128 2,440
Total long-term assets 43,139 19,279
Total assets 221,802 174,706
Current liabilities:    
Accounts payable and accrued expenses 133,617 109,991
Operating lease liability 5,017  
Deferred rent   797
Contingent consideration on acquisition 0 1,500
Deferred income 459 69
Other current liabilities 116 817
Total current liabilities 139,209 113,174
Long-term liabilities:    
Operating lease liability, net of current portion 26,255  
Deferred rent, net of current portion   5,759
Deferred tax liabilities 1,145 1,153
Other non-current liabilities 203 225
Total liabilities 166,812 120,311
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.0001 par value: 250,000,000 shares authorized as of June 30, 2019 and December 31, 2018, 58,359,108 and 56,956,935 shares issued and 45,810,769 and 44,392,695 outstanding as of June 30, 2019 and December 31, 2018, respectively 4 4
Treasury stock, at cost: 12,564,240 shares as of June 30, 2019 and December 31, 2018 (31,980) (31,980)
Additional paid-in capital 299,586 293,154
Accumulated other comprehensive loss (969) (949)
Accumulated deficit (211,651) (205,834)
Total stockholders’ equity 54,990 54,395
Total liabilities and stockholders’ equity $ 221,802 $ 174,706