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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 27,055 $ 21,595
Funds held in escrow, including funds in transit 107,479 87,195
Trade and client receivables – net of allowance of $2,703 as of September 30, 2018 and $1,577 as of December 31, 2017, respectively 41,592 30,762
Prepaid expenses and other current assets 5,326 4,574
Total current assets 181,452 144,126
Property and equipment, net 6,260 3,514
Goodwill 118,219 118,219
Intangible assets, net 6,671 8,672
Other assets, noncurrent 6,240 658
Total assets 318,842 275,189
Current liabilities:    
Accounts payable 5,471 462
Escrow funds payable 107,479 87,195
Debt, current 29,594 10,342
Accrued expenses and other current liabilities 16,911 16,030
Deferred revenue 717 614
Total current liabilities 160,172 114,643
Debt, noncurrent 19,304 23,491
Other liabilities, noncurrent 6,110 1,936
Total liabilities 185,586 140,070
Commitments and contingencies (Note 5)
Redeemable convertible preferred stock, $0.0001 par value; 76,141,345 shares authorized as of September 30, 2018 and December 31, 2017; 61,279,079 shares issued and outstanding as of September 30, 2018 and December 31, 2017; aggregate liquidation preference of $120,047 as of September 30, 2018 and December 31, 2017 166,486 166,486
Stockholders’ deficit:    
Common stock, $0.0001 par value; 150,000,000 shares authorized as of September 30, 2018 and December 31, 2017; 36,945,317 and 33,740,323 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 4 3
Additional paid-in capital 104,900 92,222
Accumulated deficit (138,134) (123,592)
Total stockholders’ deficit (33,230) (31,367)
Total liabilities, redeemable convertible preferred stock, and stockholders' deficit $ 318,842 $ 275,189