XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 84,739 $ 73,029
Accounts receivable, net of allowance of $621 and $842, respectively 86,664 35,795
Prepaid wires 7,293 26,655
Other prepaid expenses and current assets 2,050 3,171
Total current assets 180,746 138,650
Property and equipment, net 10,727 10,393
Goodwill 36,260 36,260
Intangible assets, net 34,310 36,395
Deferred tax asset, net 2,817 2,267
Other assets 2,193 1,874
Total assets 267,053 225,839
Current liabilities:    
Current portion of long-term debt, net [1] 4,498 3,936
Accounts payable 14,234 11,438
Wire transfers and money orders payable 86,995 36,311
Accrued and other liabilities 17,298 16,355
Total current liabilities 123,025 68,040
Long term liabilities:    
Debt, net 96,780 113,326
Total long term liabilities 96,780 113,326
Commitments and Contingencies, see Note 13
Stockholders' equity:    
Common stock $0.0001 par value; 230,000,000 shares authorized, 36,182,783 shares issued and outstanding as of March 31, 2019 and December 31, 2018 4 4
Additional paid-in capital 62,515 61,889
Accumulated deficit (15,277) (17,418)
Accumulated other comprehensive income (loss) 6 (2)
Total stockholders' equity 47,248 44,473
Total liabilities and stockholders' equity $ 267,053 $ 225,839
[1] Current portion of long-term debt is net of debt origination costs of $0.6 million at March 31, 2019 and December 31, 2018.