Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 65,912 $ 12,078
Accounts receivable, net of allowance for doubtful accounts of $67 and $0, respectively 12,243 4,834
Expenditures billable to clients 8,302 3,384
Prepaid expenses and other current assets 2,374 1,071
Total current assets 88,831 21,367
Property, equipment and improvements, net 46 68
Capitalized software, net 225 321
Other assets 169 592
Total assets 89,271 22,348
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable 18,564 12,321
Accrued media payments 8,983 6,777
Other accrued liabilities 3,110 3,060
Customer advances 3,089 1,841
Convertible notes payable, net of discounts and issuance costs of $0 and $6,898, respectively   13,388
Warrant liability   7,114
Total current liabilities 33,746 44,501
Other liabilities 18 22
Total liabilities 33,764 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 June 30, 2017; no shares issued and outstanding at June 30, 2017
Common stock, par value $0.001 per share; 75,000,000 and 38,500,000 shares authorized at June 30, 2017 and December 31, 2016, respectively; 14,956,068 and 2,620,803 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 15 4
Additional paid-in capital 132,640 (293)
Accumulated deficit (77,148) (45,236)
Total stockholders' equity (deficit) 55,507 (45,525)
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) $ 89,271 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