Balance Sheet Components

6 Months Ended

Jun. 30, 2013

Balance Sheet Components

Balance Sheet Components

3. Balance Sheet Components

Cash and Cash Equivalents

Cash and cash equivalents consist of the following:

	June 30,		December 31,
	2013		2012
	(in thousands)
Cash	$	4,406	$	1,776
Cash equivalents
Money market funds	117,451		42,446
Certificate of deposit	25		25
	117,476		42,471
Total	$	121,882	$	44,247

Accounts Receivable

Accounts receivable consist of the following:

	June 30,			December 31,
	2013			2012
	(in thousands)
Accounts receivable	$	17,319		$	14,442
Allowance for doubtful accounts	(358		)	(336		)
Accounts receivable, net	$	16,961		$	14,106

Property and Equipment, Net

Property and equipment, net consists of the following:

	June 30,			December 31,
	2013			2012
	(in thousands)
Computer equipment	$	7,173		$	4,385
Software	1,130			788
Office furniture	1,168			803
Leasehold improvements	2,451			986
Construction in progress	2,352			542
Total property and equipment	14,274			7,504
Less accumulated depreciation	(3,356		)	(1,887		)
Property and equipment, net	$	10,918		$	5,617

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities are as follows:

	June 30,		December 31,
	2013		2012
	(in thousands)
Accrued bonuses, commissions and wages	$	6,022	$	4,737
Accrued vacation	1,958		1,502
Liability payable for unvested stock options exercises	777		523
Accrued legal, consulting and audit fees	664		282
Liability for employee stock purchase plan	506		—
Accrued sales taxes	485		543
Accrued marketing expenses	1,251		395
Accrued other	1,389		963
Total	$	13,052	$	8,945

Changes in Accumulated Other Comprehensive Income

Changes in accumulated other comprehensive income is as follows:

	Foreign Currency Items		Total
	(in thousands)
Beginning balance at January 1, 2013	$	145	$	145
Other comprehensive income before reclassfications	12		12
Amounts reclassified from accumulated other comprehensive income	—		—
Ending balance at June 30, 2013	$	157	$	157