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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 212,436,000 $ 64,030,000
Restricted cash 10,101,000 3,815,000
Short-term investments 1,258,000 1,749,000
Prepaid expenses 4,472,000 4,388,000
Accrued revenue, net of allowance for doubtful accounts of $150 and $147 at December 31, 2016 and September 30, 2017, respectively 13,336,000 10,625,000
Other current assets 5,623,000 8,781,000
Loans held for sale 726,000 0.00
Total current assets 247,952,000 93,388,000
Property and equipment, net 21,600,000 19,226,000
Intangible assets, net 3,416,000 3,782,000
Goodwill 9,186,000 9,186,000
Deferred offering costs 0 720,000
Other assets 6,931,000 7,175,000
Total assets: 289,085,000 133,477,000
Current liabilities:    
Accounts payable 3,343,000 5,385,000
Accrued liabilities 30,202,000 22,253,000
Other payables 9,858,000 3,793,000
Loan facility 705,000 0
Current portion of deferred rent 1,104,000 1,512,000
Total current liabilities 45,212,000 32,943,000
Deferred rent, net of current portion 10,365,000 8,852,000
Total liabilities 55,577,000 41,795,000
Commitments and contingencies (Note 10)
Redeemable convertible preferred stock—par value $0.001 per share; As of December 31, 2016: 166,266,114 shares authorized; 55,422,002 issued and outstanding; and aggregate liquidation preference of $167,488. As of September 30, 2017: no shares authorized, issued, and outstanding. 0 655,416,000
Stockholders’ equity/(deficit):    
Common stock—par value $0.001 per share; 290,081,638 and 500,000,000 shares authorized, respectively; 14,687,024 and 81,385,310 shares issued and outstanding, respectively 81,000 15,000
Preferred stock—par value $0.001 per share; As of December 31, 2016: no shares authorized, issued and outstanding. As of September 30, 2017: 10,000,000 shares authorized and no shares issued and outstanding. 0 0
Additional paid-in capital 360,631,000 0
Accumulated deficit (127,204,000) (563,749,000)
Total stockholders’ equity/(deficit) 233,508,000 (563,734,000)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity/(deficit): $ 289,085,000 $ 133,477,000