XML 30 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 81,613 $ 67,216
Disbursement prefunding 42,893 71,167
Short-term investments 105,382 111,777
Customer funds receivable 25,470 18,590
Prepaid expenses and other current assets 7,358 5,417
Total current assets 262,716 274,167
Non-current assets:    
Property, equipment and software, net 15,406 15,670
Goodwill 9,032 9,032
Intangibles, net 4,710 5,129
Restricted cash 11,404 10,971
Other assets 751 755
Total assets 304,019 315,724
Current liabilities:    
Accounts payable and accrued expenses 17,438 14,533
Customer liabilities 19,815 11,540
Line of credit   28,000
Total current liabilities 37,253 54,073
Non-current liabilities:    
Non-current liabilities 6,289 5,885
Total liabilities $ 43,542 $ 59,958
Commitments and Contingencies (Note 11)    
Stockholders' equity:    
Common stock, $0.0001 par value, 500,000,000 shares authorized; issued and outstanding 39,304,758 and 38,592,808 shares at June 30, 2015 and December 31, 2014, respectively $ 4 $ 4
Additional paid-in capital 347,451 339,169
Accumulated other comprehensive loss (27) (55)
Accumulated deficit (86,951) (83,352)
Total stockholders' equity 260,477 255,766
Total liabilities and stockholders' equity $ 304,019 $ 315,724