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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 55,781 $ 55,066
Short-term investments 56,698 82,282
Accounts receivable, net of allowance of $3,086 and $1,812, respectively 13,209 12,134
Prepaid expenses and other current assets 1,661 2,096
Total current assets 127,349 151,578
Property and equipment, net 6,100 6,259
Goodwill 56,342 56,342
Intangible assets, net 13,794 15,265
Other assets 305 293
Total assets 203,890 229,737
Current liabilities:    
Accounts payable 506 2,213
Accrued expenses and other current liabilities 6,608 8,197
Accrued compensation 4,631 6,326
Long-term bank and other debt-current 4,250 1,250
Total current liabilities 15,995 17,986
Other liabilities 7,441 6,775
Deferred taxes 1,357 1,185
Long term bank and other debt, net 27,137 25,227
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value; 75,000,000 shares authorized as of June 30, 2016 and December 31, 2015; 38,744,118 shares and 38,524,922 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 39 38
Additional paid-in capital 312,589 309,078
Accumulated deficit (160,693) (130,510)
Accumulated other comprehensive income (loss) 25 (42)
Total stockholders’ equity 151,960 178,564
Total liabilities and stockholders’ equity $ 203,890 $ 229,737