Revenue (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Contract Balances

The table below reflects contract balances of the Company (in thousands):

	As of		As of adoption
	March 31, 2018		January 1, 2018
Accounts receivable, net	$	106,094	$	133,281
Contract assets, current portion		3,945		4,113
Deferred revenue, current portion		33,948		42,950
Deferred revenue, non-current portion		13,549		12,023

Accounting Standards Update 2014-09

Schedule of Cumulative Effect of Changes Made to Consolidated Balance Sheet for Adoption of New Revenue Standard

The cumulative effect of the changes made to the consolidated January 1, 2018 balance sheet for the adoption of the new revenue standard were as follows (in thousands):

	As of			Adjustment on			As of
Balance Sheet line items impacted	December 31, 2017			adoption of new revenue standard			January 1, 2018
Assets:
Accounts receivables, net	$	120,553		$	12,728		$	133,281
Inventories		32,740			(108	)		32,632
Prepaid expenses and other current assets		11,367			4,113			15,480
Deferred cost of revenue, current portion		3,007			(1,076	)		1,931
Deferred cost of revenue, non-current portion		5,403			(3,885	)		1,518
Other non-current assets		3,429			(222	)		3,207
Liabilities:
Accounts payable and accrued liabilities		128,757			1,250			130,007
Deferred revenue, current portion		34,501			8,449			42,950
Deferred revenue, non-current portion		48,511			(36,488	)		12,023
Equity:
Accumulated deficit		(283,338	)		38,339			(244,999	)

Summary of Impact of Adoption of New Revenue Standards On Our Statements

The impact of adoption of the new revenue standard on January 1, 2018, on the condensed consolidated balance sheet and statements of operations is reflected in the table below (in thousands):

	As of  March 31, 2018
Impact on balance sheet line items	As Reported			Balances without adoption of the new revenue standard			Impact of adoption Higher / (Lower)
Assets:
Accounts receivable, net	$	106,094		$	94,070		$	12,024
Inventories		38,062			38,062			—
Prepaid expenses and other current assets		30,546			26,831			3,715
Deferred cost of revenue, current portion		1,359			4,466			(3,107	)
Deferred cost of revenue, non-current portion		—			5,248			(5,248	)
Liabilities:
Accounts payable and accrued liabilities		111,776			110,526			1,250
Deferred revenue, current portion		33,948			32,089			1,859
Deferred revenue, non-current portion		13,549			48,196			(34,647	)
Equity:
Accumulated Deficit		(251,673	)		(290,595	)		38,922

	Three Months Ended March 31, 2018
Impact on statements of operations line items	As Reported			Balances without adoption of the new revenue standard			Impact of adoption Higher / (Lower)
Net Revenue:
Platform	$	75,077		$	71,864		$	3,213
Player		61,499			59,449			2,050
Total net revenue		136,576			131,313			5,263
Cost of Revenue:
Platform		21,666			18,475			3,191
Player		51,798			50,309			1,489
Total cost of revenue		73,464			68,784			4,680
Gross Profit:
Platform		53,411			53,389			22
Player		9,701			9,140			561
Total gross profit		63,112			62,529			583
Operating Expenses:
Research and development		34,126			34,126			—
Sales and marketing		20,318			20,318			—
General and administrative		15,570			15,570			—
Total operating expenses		70,014			70,014			—
Loss from Operations		(6,902	)		(7,485	)		583
Net income (loss)	$	(6,634	)	$	(7,217	)	$	583