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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 17,769 $ 16,564
Accounts receivable, net of allowance for doubtful accounts of $1,751 and $1,624 as of December 31, 2018 and 2017, respectively 48,652 36,278
Prepaid expenses and other current assets 1,971 1,865
Current assets of discontinued operations 0 2,274
Total current assets 68,392 56,981
Restricted cash 1,480 0
Property and equipment, net 1,380 687
Intangible assets, net 61,812 74,354
Goodwill 159,791 159,791
Other non-current assets 414 1,097
Non-current assets of discontinued operations 0 24,089
Total assets 293,269 316,999
Current liabilities:    
Accounts payable 7,855 7,408
Accrued expenses and other current liabilities 21,566 14,967
Deferred revenue 444 265
Current portion of long-term debt 3,500 2,750
Current liabilities of discontinued operations 0 7,389
Total current liabilities 33,365 32,779
Promissory notes payable to certain shareholders, net 0 10,837
Long-term debt, net 51,972 49,376
Other non-current liabilities 766 0
Total liabilities 86,103 92,992
Shareholders' equity:    
Preferred stock—$0.0001 par value, 10,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2018 and 2017 0 0
Common stock—$0.0005 par value, 200,000,000 shares authorized; 76,525,581 and 61,631,573 shares issued as of December 31, 2018 and 2017, respectively; and 75,292,383 and 61,279,050 shares outstanding as of December 31, 2018 and 2017, respectively 38 31
Treasury stock, at cost, 1,233,198 and 352,523 shares as of December 31, 2018 and 2017, respectively (3,272) (1,274)
Additional paid-in capital 395,769 392,687
Accumulated deficit (185,369) (167,437)
Total shareholders’ equity 207,166 224,007
Total liabilities and shareholders’ equity $ 293,269 $ 316,999