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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 39,345 $ 12,214
Restricted cash 14,920 11,938
Accounts receivable, net, prepaid expenses and other current assets 3,789 2,815
Advanced commissions, net 39,549 37,001
Total current assets 97,603 63,968
Property and equipment, net 5,408 4,022
Goodwill 41,076 41,076
Intangible assets, net 5,942 7,907
Deferred tax assets, net 14,960 8,181
Other assets 96 193
Total assets 165,085 125,347
Current liabilities:    
Accounts payable and accrued expenses 39,725 29,680
Deferred revenue 662 430
Income taxes payable 787 2,121
Due to member 1,775 3,282
Other current liabilities 5 126
Total current liabilities 42,954 35,639
Due to member 15,096 9,460
Other liabilities 34 170
Total liabilities 58,084 45,269
Commitments and contingencies
Stockholders’ equity:    
Preferred stock (par value $0.001 per share, 5,000,000 shares authorized; no shares issued and outstanding as of December 31, 2017 and 2016, respectively) 0 0
Additional paid-in capital 71,770 47,849
Treasury stock, at cost (380,777 and 119,544 shares as of December 31, 2017 and 2016, respectively) (6,887) (1,122)
Retained earnings 19,305 1,420
Total Health Insurance Innovations, Inc. stockholders’ equity 84,205 48,162
Noncontrolling interests 22,796 31,916
Total stockholders’ equity 107,001 80,078
Total liabilities and stockholders’ equity 165,085 125,347
Class A Common Stock    
Stockholders’ equity:    
Common stock 13 8
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 4 $ 7