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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of change in deferred commissions
Changes in deferred commissions were as follows (in thousands):
Year Ended December 31,
2019
Balance, beginning of the period$369  
Deferral of commissions earned171  
Recognition of commission expense(231) 
Balance, end of the period$309  
Schedule of concentration of accounts receivable
The following table sets forth the Company's concentration of accounts receivable, net of specific allowances for doubtful accounts.
December 31, 2019December 31, 2018
Fox Networks Group—%  66%  
HID Global23%  —%  
American Made Media Consultants, LLC15%  —%  
Presidio Networked Solutions LLC11%  —%  
MD Anderson10%  —%  
Schedule of accounts receivable Accounts receivable consisted of the following:
December 31,
2019
December 31,
2018
Accounts receivable$4,850  $6,882  
Less allowances for doubtful accounts(3,179) (3,276) 
Accounts receivable, net$1,671  $3,606  
Schedule of allowance for doubtful debt
Changes in the allowance for doubtful accounts are as follows:
December 31,
2019
December 31,
2018
Balance as at beginning of period$3,276  $3,089  
Allowances for bad debt114  167  
Issuance of credit memos(211) 20  
Balance at end of period$3,179  $3,276  
Deferred revenue
The Company’s deferred revenue balance consisted of the following:
December 31,
2019
December 31,
2018
Current deferred revenue
Platform subscriptions and services revenue$3,278  $1,506  
Application transaction revenue82  133  
PhunCoin deposits—  990  
Total current deferred revenue$3,360  $2,629  
Non-current deferred revenue
Platform subscriptions and services revenue$3,764  $5,622  
Total non-current deferred revenue$3,764  $5,622  
Total deferred revenue$7,124  $8,251  
Adoption of ASC 606
The following table sets forth the cumulative impact of the adoption of the new revenue standard for select condensed consolidated balance sheet line items:
Balance at December 31, 2018Adjustments due
to ASU 2014-09
Balance at
January 1, 2019
Assets:
Prepaid expenses and other current assets$272  $369  $641  
Liabilities:
Deferred revenue short-term$2,629  $(465) $2,164  
Deferred revenue long-term$5,622  $(253) $5,369  
Stockholders’ deficit:
Accumulated deficit$(111,820) $1,087  $(110,733) 
The following tables summarize the significant impacts of adopting ASC 606 on our financial statements as of and for the year ended December 31, 2019:

Consolidated Balance Sheet
December 31, 2019
As reportedImpact of AdoptionBalances Without Adoption of ASC 606
Assets:
Prepaid expenses and other current assets$368  $(309) $59  
Liabilities:
Deferred revenue short-term$3,360  $205  $3,565  
Deferred revenue long-term$3,764  $113  $3,877  
Stockholders’ deficit:
Accumulated deficit$(123,604) $(627) $(124,231) 

Consolidated Statement of Operations
Year Ended December 31, 2019
As reportedImpact of AdoptionAmounts Without Adoption of ASC 606
Net revenue$19,150  $401  $19,551  
Sales and marketing$2,706  $(60) $2,646  
Net loss$(12,871) $461  $(12,410) 
Net loss per share, basic and diluted$(0.35) $0.01  $(0.34) 
Reconciliation of cash, cash equivalents and restricted cash The following table sets forth a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet that sum to the total of the same such amounts shown in the consolidated statement of cash flows.
Balance at the Beginning of PeriodJanuary 1, 2019January 1, 2018
Cash and cash equivalents$844  $308  
Restricted cash5,500  —  
Total cash, cash equivalents, and restricted cash shown in the consolidated statement of cash flows$6,344  $308  
Balance at the End of PeriodDecember 31, 2019December 31, 2018
Cash and cash equivalents$276  $844  
Restricted cash86  5,500  
Total cash, cash equivalents, and restricted cash shown in the consolidated statement of cash flows$362  $6,344