Annual report pursuant to Section 13 and 15(d)

Consolidated Financial Statements Details (Tables)

v3.19.1
Consolidated Financial Statements Details (Tables)
 12 Months Ended
Dec. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Summary of Accounts Receivable, Net

Accounts receivable consisted of the following:

 

 

 

As of

 

 

 

December 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Accounts receivable — Advertising

 

$

26,226

 

 

$

7,087

 

Accounts receivable — aiWARE SaaS

 

 

2,418

 

 

 

642

 

Accounts receivable — aiWARE Content Licensing and Media Solutions

 

 

538

 

 

 

—

 

 

 

 

29,182

 

 

 

7,729

 

Less: allowance for doubtful accounts

 

 

(40

)

 

 

(38

)

Accounts receivable, net

 

$

29,142

 

 

$

7,691

 
Summary of Property Equipment and Improvements, Net

Property, equipment and improvements consisted of the following:

 

 

 

As of

 

 

 

December 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Property and equipment

 

$

2,019

 

 

$

378

 

Leasehold improvements

 

 

2,875

 

 

 

27

 

Construction in progress

 

 

—

 

 

 

435

 

 

 

 

4,894

 

 

 

840

 

Less: accumulated depreciation

 

 

(886

)

 

 

(160

)

Property, equipment and improvements, net

 

$

4,008

 

 

$

680

 
Summary of Accounts Payable

Accounts payable consisted of the following:

 

 

 

As of

 

 

 

December 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Accounts payable — Advertising

 

$

27,655

 

 

$

12,421

 

Accounts payable — Other

 

 

1,059

 

 

 

917

 

Total

 

$

28,714

 

 

$

13,338

 
Summary of Net Revenues

Net revenues for the periods presented were comprised of the following:

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Advertising

 

$

17,146

 

 

$

12,949

 

aiWARE SaaS Solutions

 

 

5,958

 

 

 

1,464

 

aiWARE Content Licensing and Media Services

 

 

3,943

 

 

 

—

 

Total net revenues

 

$

27,047

 

 

$

14,413

 
Schedule of Other Income (Expense), Net

Other income (expense), net for the periods presented was comprised of the following:

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Interest income (expense), net

 

$

803

 

 

$

(4,025

)

Stock warrants issued

 

 

—

 

 

 

(5,790

)

Write-off of deferred debt discounts and issuance costs

 

 

—

 

 

 

(10,132

)

Gain on fair value change of warrant liability

 

 

184

 

 

 

7,114

 

Other

 

 

(79

)

 

 

—

 

Other income (expense), net

 

$

908

 

 

$

(12,833

)