v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 5,699 $ 7,012
Accounts receivable, net 632 1,835
Advance to clients, current 324 581
Prepaid expenses 2,871 1,763
Total current assets 9,526 11,191
Property and equipment, net 5,662 5,231
Capitalized content development costs, net 9,680 8,904
Other non-current assets 5,211 3,326
Total assets 30,079 28,652
Current liabilities:    
Accounts payable 9,264 5,089
Accrued expenses and other current liabilities 9,378 12,025
Deferred revenue 5,777 1,266
Refunds payable 2,040 1,831
Total current liabilities 26,459 20,211
Rebate reserve 1,574 1,571
Other non-current liabilities 1,561 847
Total liabilities 29,594 22,629
Commitments and contingencies (Note 6)      
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock 98,134 98,047
Stockholders' (deficit) equity:    
Common stock, $0.001 par value, 60,000,000 shares authorized, 7,629,133 issued and outstanding as of December 31, 2013; 7,769,589 issued and outstanding as of March 31, 2014; 39,897,174 shares issued and outstanding pro forma 8 8
Additional paid-in capital 9,242 7,817
Accumulated deficit (106,899) (99,849)
Total stockholders' (deficit) equity (97,649) (92,024)
Total liabilities, redeemable convertible preferred stock and stockholders' (deficit) equity 30,079 28,652
Pro Forma
    
Current assets:    
Cash and cash equivalents 106,190  
Accounts receivable, net 632  
Advance to clients, current 324  
Prepaid expenses 2,871  
Total current assets 110,017  
Property and equipment, net 5,662  
Capitalized content development costs, net 9,680  
Other non-current assets 5,211  
Total assets 130,570  
Current liabilities:    
Accounts payable 9,264  
Accrued expenses and other current liabilities 9,378  
Deferred revenue 5,777  
Refunds payable 2,040  
Total current liabilities 26,459  
Rebate reserve 1,574  
Other non-current liabilities 747  
Total liabilities 28,780  
Commitments and contingencies (Note 6)     
Stockholders' (deficit) equity:    
Common stock, $0.001 par value, 60,000,000 shares authorized, 7,629,133 issued and outstanding as of December 31, 2013; 7,769,589 issued and outstanding as of March 31, 2014; 39,897,174 shares issued and outstanding pro forma 40  
Additional paid-in capital 208,649  
Accumulated deficit (106,899)  
Total stockholders' (deficit) equity 101,790  
Total liabilities, redeemable convertible preferred stock and stockholders' (deficit) equity 130,570  
Redeemable convertible Series A preferred stock
    
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock 12,419 12,384
Redeemable convertible Series B preferred stock
    
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock 22,246 22,210
Redeemable convertible Series C preferred stock
    
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock 32,416 32,405
Redeemable convertible Series D preferred stock
    
Redeemable convertible preferred stock:    
Redeemable convertible preferred stock $ 31,053 $ 31,048