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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 98,583 $ 94,415
Accounts receivable, net of allowance for doubtful accounts of $412 at both March 31, 2020 and December 31, 2019 37,694 58,815
Deferred commissions - current 9,102 9,825
Prepaid expenses and other current assets 14,043 11,965
TOTAL CURRENT ASSETS 159,422 175,020
Property and equipment—net 4,066 4,804
Operating lease right-of-use assets 12,564 13,683
Deferred commissions - noncurrent 7,863 8,077
Goodwill 5,475 5,475
Other assets 4,803 5,371
TOTAL ASSETS 194,193 212,430
Current liabilities:    
Accounts payable 1,229 1,310
Accrued expenses 15,081 24,792
Lease liabilities - current 5,277 5,664
Unearned revenue - current 84,461 85,153
Customer arrangements with termination rights 13,463 16,130
TOTAL CURRENT LIABILITIES 119,511 133,049
Long-term liabilities:    
Lease liabilities - noncurrent 8,786 10,088
Unearned revenue - noncurrent 29,577 33,058
Other long-term liabilities 131 237
TOTAL LIABILITIES 158,005 176,432
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock, $0.0001 par value, 300,000,000 shares authorized, 118,540,139 shares issued and 115,369,759 shares outstanding and 115,685,153 shares issued and 112,725,391 shares outstanding at March 31, 2020 and December 31, 2019, respectively 12 11
Additional paid-in capital 517,575 504,041
Treasury stock (15,825) (15,141)
Accumulated deficit (465,574) (452,913)
TOTAL STOCKHOLDERS’ EQUITY 36,188 35,998
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 194,193 $ 212,430