Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 21,026 $ 29,545
Marketable securities 33,492 39,598
Accounts receivable, net of allowance for doubtful accounts of $27 and $38, respectively 9,686 7,691
Expenditures billable to clients 5,063 4,163
Prepaid expenses and other current assets 2,300 2,808
Total current assets 71,567 83,805
Property, equipment and improvements, net 2,324 680
Intangible assets, net 2,918 3,154
Other assets 919 919
Total assets 77,728 88,558
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 11,585 13,338
Accrued media payments 6,912 5,999
Client advances 5,240 3,477
Other accrued liabilities 2,845 4,442
Total current liabilities 26,582 27,256
Commitment and contingencies (Note 6)
Stockholders' equity    
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 16,254,054 and 16,158,883 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 16 16
Additional paid-in capital 173,817 170,728
Accumulated deficit (122,479) (109,307)
Accumulated other comprehensive loss (208) (135)
Total stockholders' equity 51,146 61,302
Total liabilities and stockholders' equity $ 77,728 $ 88,558