Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 37,539 $ 29,545
Marketable securities 13,565 39,598
Accounts receivable, net of allowance for doubtful accounts of $40 and $38, respectively 29,142 7,691
Expenditures billable to clients 2,695 4,163
Prepaid expenses and other current assets 3,579 2,808
Total current assets 86,520 83,805
Property, equipment and improvements, net 4,008 680
Intangible assets, net 20,480 3,154
Goodwill 5,509 139
Other assets 1,237 780
Total assets 117,754 88,558
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 28,714 13,338
Accrued media payments 7,416 5,999
Client advances 9,639 3,477
Accrued compensation 6,570 3,117
Other accrued liabilities 3,746 1,325
Total current liabilities 56,085 27,256
Other liabilities 1,386  
Total liabilities 57,471 27,256
Commitments and contingencies (Note 10)
Stockholders' equity    
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 19,335,220 and 16,158,883 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively 19 16
Additional paid-in capital 230,674 170,728
Accumulated deficit (170,411) (109,307)
Accumulated other comprehensive income (loss) 1 (135)
Total stockholders' equity 60,283 61,302
Total liabilities and stockholders' equity $ 117,754 $ 88,558