As Reported Financials

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As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 9/30/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 9/30/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

Assets

Current assets

Cash and cash equivalents 175,957 334,667 199,944 499,597 287,523
Short-term investments 178,631 35,844 37,109 1,250 100,119
Accounts receivable, net of allowance 218,437 277,075 309,267 336,429 373,418
Prepaid content acquisition costs 700 2,099 46,310 55,668 32,219
Prepaid expenses and other current assets 14,689 33,821 33,191 19,220 25,673
Total current assets 588,414 683,506 625,821 912,164 818,952
Convertible promissory note receivable NA NA 0 35,471 0
Long-term investments 104,243 46,369 6,252 NA NA
Property and equipment, net 42,921 66,370 124,088 116,742 107,802
Goodwill 0 303,875 306,691 71,243 178,917
Intangible assets, net 6,939 110,745 90,425 19,409 55,557
Other long-term assets 6,773 29,792 31,533 11,293 11,575
Total assets 749,290 1,240,657 1,184,810 1,166,322 1,172,803

Liabilities, redeemable convertible preferred stock and stockholders' equity

Current liabilities

Accounts payable 10,825 17,897 15,224 14,896 28,406
Accrued liabilities 15,754 37,185 35,465 34,535 72,311
Accrued content acquisition costs 73,693 97,390 93,723 97,751 123,910
Accrued compensation 34,476 43,788 60,353 47,635 45,687
Deferred revenue 14,412 19,939 28,359 31,464 55,678
Other current liabilities 0 15,632 20,993 NA NA
Total current liabilities 149,160 231,831 254,117 226,281 325,992
Long-term debt, net 0 234,577 342,247 273,014 255,272
Other long-term liabilities 16,773 30,862 34,187 23,500 25,660
Total liabilities 165,933 497,270 630,551 522,795 606,924
Redeemable convertible preferred stock NA NA 0 490,849 513,270

Stockholders' equity

Common stock 21 23 24 25 27
Additional paid-in capital 781,009 1,110,539 1,264,693 1,422,221 1,632,178
Accumulated deficit (196,997) (366,658) (709,636) (1,269,351) (1,579,125)
Accumulated other comprehensive loss (676) (517) (822) (217) (471)
Total stockholders' equity 583,357 743,387 554,259 152,678 52,609
Total liabilities, redeemable convertible preferred stock and stockholders' equity 749,290 1,240,657 1,184,810 1,166,322 1,172,803
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.