Revenue (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Contract Balances

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

	As of		As of adoption
	December 31, 2018		January 1, 2018
Accounts receivable, net	$	183,078	$	133,281
Contract assets, current portion		753		4,113
Deferred revenue, current portion		45,442		42,950
Deferred revenue, non-current portion		19,594		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 the condensed consolidated balance sheet as of December 31, 2018 and statements of operations for the year ended December 31, 2018 is reflected in the table below (in thousands):

	As of December 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	$	183,078		$	162,712		$	20,366
Prepaid expenses and other current assets		15,374			14,728			646
Deferred cost of revenue, current portion		1,188			3,615			(2,427	)
Deferred cost of revenue, non-current portion		—			5,260			(5,260	)
Liabilities:
Accrued liabilities		91,986			89,646			2,340
Deferred revenue, current portion		45,442			51,352			(5,910	)
Deferred revenue, non-current portion		19,594			49,559			(29,965	)
Equity:
Accumulated Deficit	$	(253,896	)	$	(300,756	)	$	46,860

	Year Ended December 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	$	416,863		$	391,677		$	25,186
Player		325,643			325,417			226
Total net revenue		742,506			717,094			25,412
Cost of Revenue:
Platform		120,543			105,423			15,120
Player		289,815			289,891			(76	)
Total cost of revenue		410,358			395,314			15,044
Gross Profit:
Platform		296,320			286,254			10,066
Player		35,828			35,526			302
Total gross profit		332,148			321,780			10,368
Operating Expenses:
Research and development		170,692			170,692			—
Sales and marketing		102,780			100,933			1,847
General and administrative		71,972			71,972			—
Total operating expenses		345,444			343,597			1,847
Loss from Operations		(13,296	)		(21,817	)		8,521
Net loss	$	(8,857	)	$	(17,378	)	$	8,521