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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 65,749 $ 47,659
Accounts receivable net of allowance for doubtful accounts of $1,069 and $982 as of September 30, 2019 and December 31, 2018 respectively. 114,382 104,387
Prepaid expenses and other current assets 3,903 3,381
Total current assets 184,034 155,427
Long-term assets:    
Operating lease right-of-use asset, net of amortization 24,132 0
Property and equipment net of accumulated depreciation of $3,353 and $2,696 as of September 30, 2019 and December 31, 2018, respectively 2,167 2,789
Intangible assets, net 3,601 4,379
Goodwill 9,277 9,478
Deferred tax assets 126 193
Other assets 1,998 2,440
Total long-term assets 41,301 19,279
Total assets 225,335 174,706
Current liabilities:    
Accounts payable and accrued expenses 137,646 109,991
Operating lease liability 5,078  
Deferred rent   797
Contingent consideration on acquisition 0 1,500
Other current liabilities 171 886
Total current liabilities 142,895 113,174
Long-term liabilities:    
Operating lease liability, net of current portion 24,987  
Deferred rent, net of current portion   5,759
Deferred tax liabilities 1,099 1,153
Other non-current liabilities 218 225
Total liabilities 169,199 120,311
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.0001 par value: 250,000,000 shares authorized as of September 30, 2019 and December 31, 2018, 59,111,023 and 56,956,935 shares issued and 46,546,783 and 44,392,695 outstanding as of September 30, 2019 and December 31, 2018, respectively 4 4
Treasury stock, at cost: 12,564,240 shares as of September 30, 2019 and December 31, 2018 (31,980) (31,980)
Additional paid-in capital 303,393 293,154
Accumulated other comprehensive loss (829) (949)
Accumulated deficit (214,452) (205,834)
Total stockholders’ equity 56,136 54,395
Total liabilities and stockholders’ equity $ 225,335 $ 174,706