Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 1,065 $ 844
Accounts receivable, net 2,738 3,606
Prepaid expenses and other current assets 1,036 272
Total current assets 4,839 4,722
Property and equipment, net 50 66
Goodwill 25,846 25,821
Intangible assets, net 448 521
Deferred tax asset - long term 64 64
Restricted Cash 5,500
Other assets 187 187
Total assets 31,434 36,881
Current liabilities:    
Accounts payable 8,600 9,890
Accrued expenses 2,968 3,028
Deferred revenue 2,904 2,629
Factored receivables payable 1,631 2,434
Short term notes payable - related party 1,993
Total current liabilities 16,103 19,974
Deferred tax liability 64 64
Deferred revenue 4,447 5,622
Deferred rent 13 17
Total liabilities 20,627 25,677
Commitments and contingencies (see Note 5)
Redeemable convertible preferred stock, $0.0001 par value (see Note 7) 5,377
Stockholders' equity    
Common stock, $0.0001 par value (see Note 8) 4 3
Additional paid in capital 125,421 118,062
Accumulated other comprehensive loss (391) (418)
Accumulated deficit (114,227) (111,820)
Total stockholders' equity 10,807 5,827
Total liabilities, redeemable convertible preferred stock, and stockholders' equity $ 31,434 $ 36,881