XML 17 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 32,833,000 $ 60,765,000
Restricted cash 294,000  
Short-term investments 12,435,000 0
Accounts receivable, net 21,876,000 17,812,000
Prepaid expenses 3,056,000 1,770,000
Other current assets 2,778,000 2,536,000
Total current assets 73,272,000 82,883,000
Property and equipment, net 2,924,000 2,923,000
Capitalized software development costs, net 9,290,000 8,792,000
Goodwill 31,052,000 9,676,000
Intangible assets, net 10,288,000 3,940,000
Other assets 232,000 108,000
Total assets 127,058,000 108,322,000
Current liabilities:    
Accounts payable 3,175,000 2,434,000
Accrued payroll and employee related liabilities 8,015,000 7,456,000
Accrued expenses 2,502,000 1,957,000
Deferred revenue 58,039,000 51,388,000
Contingent liabilities 5,440,000  
Other current liabilities 489,000 548,000
Total current liabilities 77,660,000 63,783,000
Long-term liabilities:    
Deferred revenue, noncurrent 1,523,000 1,246,000
Deferred tax liabilities 574,000 494,000
Other long term liabilities 554,000 447,000
Total liabilities 80,311,000 65,970,000
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $0.001, 10,000,000 shares authorized, no shares issued or outstanding as of June 30, 2017 and December 31, 2016, respectively
Common stock, $0.001 par value, 100,000,000 shares authorized, 27,990,297 and 27,150,674 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 28,000 27,000
Additional paid-in capital 146,153,000 132,246,000
Accumulated deficit (99,257,000) (89,618,000)
Accumulated other comprehensive loss (177,000) (303,000)
Total stockholders’ equity 46,747,000 42,352,000
Total liabilities and stockholders’ equity $ 127,058,000 $ 108,322,000