Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 29,545 $ 12,078
Marketable securities 39,598  
Accounts receivable, net of allowance for doubtful accounts of $38 and $0, respectively 7,691 4,834
Expenditures billable to clients 4,163 3,384
Prepaid expenses and other current assets 2,808 1,071
Total current assets 83,805 21,367
Property, equipment and improvements, net 680 68
Intangible assets, net 3,026  
Other assets 1,047 913
Total assets 88,558 22,348
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK, AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable 13,338 12,321
Accrued media payments 5,999 6,777
Client advances 3,477 1,841
Other accrued liabilities 4,442 3,060
Convertible note payable, net of discounts and issuance costs of $0 and $6,898, respectively   13,388
Warrant liability   7,114
Total current liabilities 27,256 44,501
Other liabilities   22
Total liabilities 27,256 44,523
Commitments and contingencies (Note 7)
Redeemable convertible preferred stock:    
Total redeemable convertible preferred stock   23,350
Stockholders' equity (deficit):    
Preferred stock, par value $0.001 per share, 1,000,000 shares authorized at December 31, 2017; no shares issued and outstanding at December 31, 2017
Common stock, par value $0.001 per share; 75,000,000 and 38,500,000 shares authorized at December 31, 2017 and 2016, respectively; 16,158,883 and 2,620,803 shares issued and outstanding at December 31, 2017 and 2016, respectively 16 4
Additional paid-in capital 170,728 (293)
Accumulated deficit (109,307) (45,236)
Accumulated other comprehensive loss (135)  
Total stockholders' equity (deficit) 61,302 (45,525)
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) $ 88,558 22,348
Series B Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock:    
Total redeemable convertible preferred stock   17,897
Series A Redeemable Convertible Preferred Stock [Member]    
Redeemable convertible preferred stock:    
Total redeemable convertible preferred stock   $ 5,453