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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 54,210 $ 64,030
Restricted cash 11,848 3,815
Short-term investments 1,504 1,749
Prepaid expenses 2,546 4,388
Accrued revenue, net of allowance for doubtful accounts of $150 at December 31, 2016 and June 30, 2017 14,509 10,625
Other current assets 2,298 8,781
Loans held for sale 545 0
Total current assets 87,460 93,388
Property and equipment, net 22,137 19,226
Intangible assets, net 3,538 3,782
Goodwill 9,186 9,186
Deferred offering costs 2,299 720
Other assets 6,798 7,175
Total assets: 131,418 133,477
Current liabilities:    
Accounts payable 3,081 5,385
Accrued liabilities 30,248 22,253
Other payables 11,607 3,793
Loan facility 529 0
Current portion of deferred rent 1,092 1,512
Total current liabilities 46,557 32,943
Deferred rent, net of current portion 10,473 8,852
Total liabilities 57,030 41,795
Commitments and contingencies (Note 10)
Redeemable convertible preferred stock—par value $0.001 per share; 166,266,114 shares authorized; 55,422,002 issued and outstanding; and aggregate liquidation preference of $167,488 791,106 655,416
Stockholders’ equity (deficit)    
Common stock—par value $0.001 per share; 290,081,638 and 290,081,638 shares authorized, respectively; 14,687,024 and 14,988,646 shares issued and outstanding, respectively 15 15
Additional paid-in capital 0 0
Accumulated deficit (716,733) (563,749)
Total stockholders’ equity (deficit) (716,718) (563,734)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity: 131,418 $ 133,477
Pro Forma    
Current liabilities:    
Redeemable convertible preferred stock—par value $0.001 per share; 166,266,114 shares authorized; 55,422,002 issued and outstanding; and aggregate liquidation preference of $167,488 0  
Stockholders’ equity (deficit)    
Common stock—par value $0.001 per share; 290,081,638 and 290,081,638 shares authorized, respectively; 14,687,024 and 14,988,646 shares issued and outstanding, respectively 70  
Additional paid-in capital 212,081  
Accumulated deficit (137,763)  
Total stockholders’ equity (deficit) $ 74,388