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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 183,729 $ 86,929
Accounts receivable, net 975 350
Advance to clients 1,508  
Prepaid expenses and other assets 6,695 2,709
Total current assets 192,907 89,988
Property and equipment, net 8,128 6,755
Capitalized content development costs, net 18,121 13,155
Advance to clients, non-current 1,042 1,675
Prepaid expenses, non-current 7,099 643
Other non-current assets 3,744 823
Total assets 231,041 113,039
Current liabilities:    
Accounts payable 4,544 2,293
Accrued compensation and related benefits 13,405 9,088
Accrued expenses and other liabilities 12,039 10,481
Deferred revenue 2,609 1,906
Total current liabilities 32,597 23,768
Non-current liabilities 2,655 1,260
Total liabilities $ 35,252 $ 25,028
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2015 and 2014
Common stock, $0.001 par value, 200,000,000 shares authorized, 45,776,455 shares issued and outstanding as of December 31, 2015; 40,735,069 shares issued and outstanding as of December 31, 2014 $ 46 $ 41
Additional paid-in capital 351,324 216,818
Accumulated deficit (155,581) (128,848)
Total stockholders' equity 195,789 88,011
Total liabilities, and stockholders' equity $ 231,041 $ 113,039