Annual report pursuant to Section 13 and 15(d)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Adoption of Topic 606  
Summary of Impact from Adoption of Topic 606

The impact from the adoption of Topic 606 was as follows:

 

 

 

Year Ended December 31, 2018

 

 

 

As

Reported

 

 

Effect of

Change

Increase/

(Decrease)

 

 

Amounts

Without

Adoption of

Topic 606

 

Revenues

 

$

34,753

 

 

$

392

 

 

$

34,361

 

Costs

 

$

15,532

 

 

$

 

 

$

15,532

 

Gross profit

 

$

19,221

 

 

$

392

 

 

$

18,829

 

Sales and marketing expense

 

$

8,377

 

 

$

(438

)

 

$

8,815

 

Operating loss

 

$

(2,568

)

 

$

(830

)

 

$

(3,398

)

Net loss

 

$

(2,725

)

 

$

(830

)

 

$

(3,555

)

 

 

 

As of December 31, 2018

 

 

 

As

Reported

 

 

Effect of

Change

Increase/

(Decrease)

 

 

Amounts

Without

Adoption of

Topic 606

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Prepaid expenses and other current assets

 

$

1,527

 

 

$

629

 

 

$

898

 

Other assets

 

$

1,922

 

 

$

1,560

 

 

$

362

 

Total assets

 

$

47,119

 

 

$

2,189

 

 

$

44,930

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue, short term

 

$

23,102

 

 

$

1,043

 

 

$

22,059

 

Accrued expenses and other current liabilities

 

$

4,427

 

 

$

82

 

 

$

4,345

 

Total current liabilities

 

$

28,836

 

 

$

1,125

 

 

$

27,711

 

Deferred revenue, long term

 

$

1,060

 

 

$

(913

)

 

$

1,973

 

Total liabilities

 

$

29,972

 

 

$

212

 

 

$

29,760