CONSOLIDATED BALANCE SHEETS - USD ($)
|
Dec. 31, 2016 |
Dec. 31, 2015 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 22,118,000
|
$ 15,205,000
|
| Marketable securities |
83,130,000
|
0
|
| Accounts receivable, net of allowances for doubtful accounts of $223 and $168 as of December 31, 2016 and 2015, respectively |
42,294,000
|
24,235,000
|
| Deferred sales commissions |
9,667,000
|
6,246,000
|
| Prepaid expenses and other current assets |
6,614,000
|
2,801,000
|
| Total current assets |
163,823,000
|
48,487,000
|
| Capitalized software development costs, net |
4,591,000
|
2,967,000
|
| Property and equipment, net |
11,318,000
|
12,419,000
|
| Intangible assets, net |
54,118,000
|
56,828,000
|
| Goodwill |
185,138,000
|
163,154,000
|
| Other assets |
1,449,000
|
2,895,000
|
| Total assets |
420,437,000
|
286,750,000
|
| Current liabilities: |
|
|
| Accounts payable |
7,165,000
|
4,648,000
|
| Accrued expenses and other current liabilities |
18,931,000
|
15,012,000
|
| Deferred revenue |
80,360,000
|
52,750,000
|
| Short-term portion of contingent consideration |
2,008,000
|
2,008,000
|
| Total current liabilities |
108,464,000
|
74,418,000
|
| Term loan, net |
|
28,267,000
|
| Common stock warrant liability |
11,380,000
|
5,500,000
|
| Contingent consideration |
3,230,000
|
2,859,000
|
| Deferred tax liabilities, net |
1,262,000
|
5,907,000
|
| Deferred revenue, noncurrent |
2,373,000
|
|
| Other long-term liabilities |
2,318,000
|
3,631,000
|
| Total liabilities |
129,027,000
|
120,582,000
|
| Commitments and contingencies (Note 10) |
|
|
| Stockholders' equity: |
|
|
| Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2016 and 2015 |
|
|
| Common stock, $0.01 par value, 500,000,000 shares authorized, 51,277,964 issued and outstanding as of December 31, 2016 and 40,720,327 issued and 40,673,327 outstanding as of December 31, 2015 |
513,000
|
407,000
|
| Treasury stock, 0 shares and 47,000 shares at cost at December 31, 2016 and 2015, respectively |
|
(254,000)
|
| Additional paid-in capital |
378,272,000
|
214,171,000
|
| Accumulated other comprehensive income |
(41,000)
|
|
| Accumulated deficit |
(87,334,000)
|
(48,156,000)
|
| Total stockholders' equity |
291,410,000
|
166,168,000
|
| Total liabilities and stockholders' equity |
$ 420,437,000
|
$ 286,750,000
|