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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 38,990 $ 103,771
Restricted cash 11 6,089
Marketable securities, current 11 28,230
Accounts receivable, net of allowances for bad debt of $1,864 and $4,599 at December 31, 2019 and December 31, 2018, respectively [1] 65,863 102,798
Prepaid expenses 33,230 45,058
Other current assets 4,792 8,508
Total current assets 142,897 294,454
Marketable securities, non-current 0 6,658
Property and equipment, net 26,525 67,937
Operating lease right-of-use assets 53,965  
Goodwill 222,969 224,899
Intangible assets, net 77,613 98,706
Other assets 8,054 8,982
Equity method investment 0 1,619
Total assets 532,023 703,255
Current liabilities:    
Accounts payable 21,551 13,576
Accrued expenses 65,987 59,545
Deferred revenues, current 65,858 57,101
Short-term convertible debt, net of debt issuance costs 0 113,542
Total current liabilities 153,396 243,764
Lease financing obligation 0 9,494
Operating lease liabilities, non-current 60,976  
Deferred tax liabilities 1,679 1,347
Deferred revenues, non-current 21,941 59,841
Other non-current liabilities 4,589 10,797
Redeemable noncontrolling interest 12,500 12,500
Commitments and contingencies
Series A Convertible Participating Perpetual Preferred Stock, $0.0001 par value; 10,000 shares authorized; 217 shares issued and outstanding at December 31, 2019 200,865 176,603
Stockholders’ equity:    
Common stock, $0.0001 par value; 100,000 shares authorized, 51,704 and 49,836 shares issued; 44,542 and 42,674 outstanding at December 31, 2019 and December 31, 2018, respectively 5 5
Treasury stock, at cost (7,162 and 7,162 shares at December 31, 2019 and December 31, 2018, respectively) (82,087) (82,087)
Additional paid-in capital 525,739 534,673
Accumulated other comprehensive loss (33,261) (30,383)
Accumulated deficit (334,319) (233,299)
Total stockholders’ equity 76,077 188,909
Total liabilities and stockholders’ equity $ 532,023 $ 703,255
[1] See Note 5. Investments in Affiliates and Related Transactions for related party transactions reflected in this account.