XML 15 R24.htm IDEA: XBRL DOCUMENT v3.20.1
Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The Company has the following balances related to transactions with Starboard, as reflected in the Condensed Consolidated Balance Sheets:
 
 
As of
 
As of
(In thousands)
 
March 31, 2020
 
December 31, 2019
Accrued expenses
 
$
6,120

 
$
6,120

Financing derivatives
 
19,200

 
21,587

Senior secured convertible notes
 
186,115

 
184,075


The Company's results from transactions with WPP and its affiliates, as reflected in the Condensed Consolidated Statements of Operations and Comprehensive Loss, are detailed below:
 
 
Three Months Ended March 31,
(In thousands)
 
2020

2019
Revenues
 
$
3,211

 
$
3,845

 
 
 
 
 
Cost of revenues
 
2,375

 
2,095

Selling and marketing
 
2

 
3

General and administrative
 
142

 
40

The Company has the following balances related to transactions with WPP and its affiliates, as reflected in the Condensed Consolidated Balance Sheets:
 
 
As of
 
As of
(In thousands)
 
March 31, 2020
 
December 31, 2019
Assets
 
 
 
 
Accounts receivable, net
 
$
2,249

 
$
2,542

Prepaid expenses and other current assets
 
1,061

 
1,180

Liabilities
 
 
 
 
Accounts payable
 
$
3,336

 
$
2,510

Accrued expenses
 
233

 
716

Contract liability
 
2,314

 
1,361