v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 123,968 $ 4,047
Accounts receivable, net 274,008 191,943
Prepaid expenses and other current assets 5,536 3,812
TOTAL CURRENTS ASSETS 403,512 199,802
Property and equipment, net 10,545 6,625
Deferred taxes, net 1,171 1,171
Other assets, non-current 4,492 2,633
TOTAL ASSETS 419,720 210,231
Current liabilities:    
Accounts payable 206,194 108,461
Accrued expenses and other current liabilities 14,007 9,937
Financing obligation, current portion 721 502
TOTAL CURRENT LIABILITIES 220,922 118,900
Debt, net 50,847 44,888
Warrant liabilities   6,927
Other liabilities, non-current 1,732 140
Financing obligation, non-current 485 1,030
TOTAL LIABILITIES 273,986 171,885
Commitments and contingencies (Note 10)
Convertible preferred stock, par value $0.000001; zero shares authorized, issued and outstanding as of September 30, 2016; 68,521 shares authorized, 66,330 shares issued and outstanding as of December 31, 2015; liquidation preference of $27,997 as of December 31, 2015   24,204
STOCKHOLDERS' EQUITY    
Preferred stock, par value $0.000001; 100,000 shares authorized, zero shares issued and outstanding as of September 30, 2016; zero shares authorized, issued and outstanding as of December 31, 2015
Common stock, par value $0.000001; 1,000,000 and zero Class A shares authorized, 5,367 and zero shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively; 95,000 and 130,000 Class B shares authorized, 33,149 and 10,884 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively
Additional paid-in capital 170,832 1,039
Retained earnings (accumulated deficit) (25,098) 13,103
TOTAL STOCKHOLDERS' EQUITY 145,734 14,142
TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY $ 419,720 $ 210,231