AutoWeb (AUTO) 10-Q 7 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 05, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	AutoWeb, Inc.
Entity Central Index Key	0001023364
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding		13,146,831
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Entity Interactive Data Current	Yes
Entity Incorporation State Country Code	DE
Entity File Number	1-34761
Title of 12b security	Common Stock, par value $0.001 per share

CONSOLIDATED CONDENSED BALANCE

CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,431	$ 13,600
Restricted cash	5,016	0
Accounts receivable, net of allowances for bad debts and customer credits of $553 and $566 at June 30, 2019 and December 31, 2018, respectively	23,331	26,898
Prepaid expenses and other current assets	1,655	1,245
Total current assets	31,433	41,743
Property and equipment, net	3,405	3,181
Right-of-use assets	3,301	0
Intangible assets, net	9,291	11,976
Other assets	819	516
Total assets	48,249	57,416
Current liabilities:
Accounts payable	15,627	17,572
Accrued employee-related benefits	2,391	3,125
Other accrued expenses and other current liabilities	2,064	2,204
Current portion of lease liabilities	1,552	0
Current convertible note payable	0	1,000
Total current liabilities	21,634	23,901
Lease liabilities, net of current portion	1,894	0
Total liabilities	23,528	23,901
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock, $0.001 par value; 55,000,000 shares authorized and 13,146,831 and 12,960,450 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	13	13
Additional paid-in capital	362,737	361,218
Accumulated deficit	(338,029)	(327,716)
Total stockholders' equity	24,721	33,515
Total liabilities and stockholders' equity	48,249	57,416
Preferred Class A [Member]
Stockholders' equity:
Preferred stock, $0.001 par value, 11,445,187 shares authorized Series A Preferred stock, none issued and outstanding	$ 0	$ 0

CONSOLIDATED CONDENSED BALANC_2

CONSOLIDATED CONDENSED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Accounts receivable, allowances for bad debts and customer credits	$ 553	$ 566
Stockholders' equity:
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	55,000,000	55,000,000
Common stock, issued	13,146,831	12,960,450
Common stock, outstanding	13,146,831	12,960,450
Preferred Class A [Member]
Stockholders' equity:
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	11,445,187	11,445,187
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0

CONSOLIDATED CONDENSED STATEMEN

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues:
Lead fees	$ 21,691	$ 22,211	$ 47,389	$ 46,291
Advertising	5,432	6,950	11,310	15,037
Other revenues	19	131	47	313
Total revenues	27,142	29,292	58,746	61,641
Cost of revenues	21,758	23,765	47,605	48,423
Gross profit	5,384	5,527	11,141	13,218
Operating expenses:
Sales and marketing	2,956	3,052	5,834	6,764
Technology support	2,182	2,965	4,962	6,351
General and administrative	4,026	3,765	8,316	8,340
Depreciation and amortization	1,201	1,163	2,440	2,323
Goodwill impairment	0	0	0	5,133
Total operating expenses	10,365	10,945	21,552	28,911
Operating (loss)	(4,981)	(5,418)	(10,411)	(15,693)
Interest and other income (expense), net	33	201	103	201
Loss before income tax provision	(4,948)	(5,217)	(10,308)	(15,492)
Income tax provision	5	0	5	4
Net loss and comprehensive loss	$ (4,953)	$ (5,217)	$ (10,313)	$ (15,496)
Basic loss per common share	$ (0.38)	$ (0.41)	$ (0.79)	$ (1.22)
Diluted loss per common share	$ (0.38)	$ (0.41)	$ (0.79)	$ (1.22)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Preferred Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance (shares) at Dec. 31, 2017	13,059,341	0
Beginning balance, amount at Dec. 31, 2017	$ 13	$ 0	$ 356,054	$ (288,900)	$ 67,167
Share-based compensation			2,570		$ 2,570
Issuance of common stock upon exercise of stock options (shares)	15,967				15,967
Issuance of common stock upon exercise of stock options, amount			74		$ 74
Cancellation of restricted stock (shares)	(188,333)
Cancellation of restricted stock, amount					0
Issuance of common stock (shares)	60,975
Issuance of common stock, amount			200		200
Net loss				(15,496)	(15,496)
Ending balance (shares) at Jun. 30, 2018	12,947,950	0
Ending balance, amount at Jun. 30, 2018	$ 13	$ 0	358,898	(304,396)	54,515
Beginning balance (shares) at Mar. 31, 2018	12,896,225	0
Beginning balance, amount at Mar. 31, 2018	$ 13	$ 0	357,754	(299,179)	58,588
Share-based compensation			943		$ 943
Issuance of common stock upon exercise of stock options (shares)	750				750
Issuance of common stock upon exercise of stock options, amount			1		$ 1
Cancellation of restricted stock (shares)	(10,000)
Cancellation of restricted stock, amount					0
Issuance of common stock (shares)	60,975
Issuance of common stock, amount			200		200
Net loss				(5,217)	(5,217)
Ending balance (shares) at Jun. 30, 2018	12,947,950	0
Ending balance, amount at Jun. 30, 2018	$ 13	$ 0	358,898	(304,396)	54,515
Beginning balance (shares) at Dec. 31, 2018	12,960,450	0
Beginning balance, amount at Dec. 31, 2018	$ 13	$ 0	361,218	(327,716)	33,515
Share-based compensation			1,111		$ 1,111
Issuance of common stock upon exercise of stock options (shares)	213,048				213,048
Issuance of common stock upon exercise of stock options, amount			408		$ 408
Cancellation of restricted stock (shares)	(26,667)
Cancellation of restricted stock, amount					0
Net loss				(10,313)	(10,313)
Ending balance (shares) at Jun. 30, 2019	13,146,831	0
Ending balance, amount at Jun. 30, 2019	$ 13	$ 0	362,737	(338,029)	24,721
Beginning balance (shares) at Mar. 31, 2019	13,116,462	0
Beginning balance, amount at Mar. 31, 2019	$ 13	$ 0	362,076	(333,076)	29,013
Share-based compensation			560		$ 560
Issuance of common stock upon exercise of stock options (shares)	57,036				57,036
Issuance of common stock upon exercise of stock options, amount			101		$ 101
Cancellation of restricted stock (shares)	(26,667)
Cancellation of restricted stock, amount					0
Net loss				(4,953)	(4,953)
Ending balance (shares) at Jun. 30, 2019	13,146,831	0
Ending balance, amount at Jun. 30, 2019	$ 13	$ 0	$ 362,737	$ (338,029)	$ 24,721

CONSOLIDATED CONDENSED STATEM_2

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net loss	$ (10,313)	$ (15,496)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	3,509	4,360
Goodwill impairment	0	5,133
Provision for bad debts	122	146
Provision for customer credits	120	153
Share-based compensation	1,111	2,569
Right-of-use assets	924	0
Lease liabilities	(924)	0
Gain on sale of investment	0	(125)
Change in deferred tax asset	0	692
Changes in assets and liabilities:
Accounts receivable	3,325	1,548
Prepaid expenses and other current assets	(410)	428
Other assets	(303)	(632)
Accounts payable	(1,945)	2,058
Accrued expenses and other current liabilities	(787)	437
Net cash (used in) provided by operating activities	(5,571)	1,271
Cash flows from investing activities:
Purchases of property and equipment	(990)	(392)
Proceeds from sale of investment	0	125
Net cash used in investing activities	(990)	(267)
Cash flows from financing activities:
Borrowings under revolving credit facility	16,940	0
Principal payments on revolving credit facility	(16,940)	(8,000)
Payment on convertible note	(1,000)	0
Proceeds from issuance of common stock	0	200
Proceeds from exercise of stock options	408	74
Net cash used in financing activities	(592)	(7,726)
Net decrease in cash and cash equivalents	(7,153)	(6,722)
Cash and cash equivalents and restricted cash, beginning of period	13,600	24,993
Cash and cash equivalents and restricted cash, end of period	6,447	18,271
Beginning of Period
Cash and cash equivalents at beginning of period	13,600	24,993
Restricted cash at beginning of period	0	0
Cash and cash equivalents and restricted cash, beginning of period	13,600	24,993
End of Period
Cash and cash equivalents at end of period	1,431	18,271
Restricted cash at end of period	5,016	0
Cash and cash equivalents and restricted cash, end of period	6,447	18,271
Supplemental disclosure of cash flow information:
Cash paid for income taxes	1	0
Cash refunds for income taxes	124	0
Cash paid for interest	$ 40	$ 88

Organization and Operations

Organization and Operations	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Operations	AutoWeb, Inc. (“ AutoWeb Company Dealers Manufacturers The Company’s consumer-facing automotive websites (“ Company Websites Leads The Company was incorporated in Delaware on May 17, 1996. The Company’s common stock is listed on the NASDAQ Capital Market under the symbol AUTO. Effective August 7, 2019, the Company’s board of directors designated the Company’s office in Tampa, Florida located at 400 North Ashley Drive, Suite 300, Tampa, Florida 33602 as the Company’s principal office for the transaction of business of the Company pursuant to Section 1.02 of the Company’s bylaws and as the Company’s principal executive offices.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements are presented on the same basis as the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 (“ 2018 Form 10-K SEC GAAP Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation. References to amounts in the consolidated financial statement sections are in thousands, except shares and per share data, unless otherwise specified. On April 30, 2019, the Company entered into a $25.0 million Revolving Credit and Security Agreement (" Credit Agreement Revolving Loan PNC Company Subsidiaries The Credit Agreement contains customary representations and warranties and covenants that restrict the Company and the Company Subsidiaries from engaging in or taking various actions, including, among other things (but except as otherwise permitted by the Credit Agreement): (i) incurring or guaranteeing additional indebtedness; (ii) making any loans, investments or acquisitions; (iii) selling or otherwise transferring or disposing of assets other than in the ordinary course of business; (iv) engaging in transactions with affiliates; and (v) declaring or making distributions on their stock or other equity interests. In addition, the Credit Agreement contains financial covenants that require the Company to maintain its consolidated EBITDA (as defined in the Credit Agreement) at stated minimum levels ranging from ($2.9) million to $7.5 million for various periods during the term of the Credit Agreement. The Company is also required to maintain a $5.0 million pledged interest-bearing deposit account with Lender until the Company’s consolidated EBITDA is greater than $10.0 million. Restricted cash primarily consists of security deposits and other cash escrowed under the Credit Agreement (Note 9).

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Issued but not yet adopted by the Company In August 2018, the Financial Accounting Standards Board (“ FASB “Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract” ASU 2018-15 Recently adopted by the Company Accounting Standards Codification 220 “Comprehensive Income.” Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income Accounting Standards Codification 842 “Leases” ASC 842 Leases (Topic 842) ROU The Company adopted the ASU effective January 1, 2019 utilizing the modified retrospective approach for adoption for all leases that existed at or commenced after the date of initial application with an option to use certain practical expedients. The package of practical expedients allowed the Company to not reassess: (i) whether any expired or existing contracts are or contain leases, (ii) lease classification for any expired or existing leases, and (iii) initial direct costs for any expired or existing leases. The Company also used (i) hindsight when evaluating contractual lease options, (ii) the practical expedient that allows lessees to treat lease and non-lease components of leases as a single lease component, and (iii) the portfolio approach which allows similar leased assets to be grouped and accounted for together. In addition, the Company implemented additional internal controls to evaluate future transactions in accordance with the standard. The adoption of ASC 842 had a material impact on the consolidated balance sheet due to the recognition of ROU assets and lease liabilities. The adoption of this ASU did not have a material impact on the consolidated statement of operations or the consolidated statement of cash flows. The Company did not recognize a material cumulative effect adjustment to the opening balance sheet retained earnings on January 1, 2019. Because the modified retrospective approach was elected, the ASU was not applied to periods prior to adoption and did not have an impact on previously reported results. At adoption, the Company recognized operating lease ROU assets and lease liabilities that reflect the present value of the future payments. As the rate implicit in the lease could not be determined for any of the Company’s leases, an estimated incremental borrowing rate of 5.5% was used to determine the present value of lease payments. Based on the impact of ASC 842 on the lease population, the Company recorded $4.4 million in lease liabilities and $4.2 million for ROU assets based upon the lease liabilities adjusted for deferred rent. See Note 8 for additional information on leases. SEC Release No. 33-10532, Disclosure Update and Simplification. Disclosure Update and Simplification

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2019
Revenue Recognition [Abstract]
Revenue Recognition	Revenue is recognized upon transfer of control of promised goods or services to the Company’s customers, or when the Company satisfies any performance obligations under contract. The amount of revenue recognized reflects the consideration the Company expects to be entitled to in exchange for respective goods or services provided. Further, under ASC 606, “ Revenue from Contracts with Customers, ASC 606” The Company has three main revenue sources – Lead fees, advertising, and other revenue. Accordingly, the Company recognizes revenue for each source as described below: ● Lead fees – paid by Dealers and Manufacturers participating in the Company’s Lead programs and are comprised of Lead transaction and/or monthly subscription fees. Lead fees are recognized in the period when service is provided. ● Advertising – fees paid by Dealers and Manufacturers for (i) the Company’s click traffic program and (ii) display advertising on the Company’s websites. Revenue is recognized in the period advertisements are displayed on the Company’s websites or the period in which clicks have been delivered, as applicable. The Company recognizes gross revenue from the delivery of action-based advertisement in the period in which a user takes the action for which the marketer contracted with the Company. For advertising revenue arrangements where the Company is not the principal, the Company recognizes revenue on a net basis. ● Other revenues – consists primarily of revenues from the Company’s mobile products and revenues from the Company’s Reseller Agreement with SaleMove, Inc. Revenue is recognized in the period in which products or services are sold. Variable Consideration Leads are generally sold with a right-of-return for services that do not meet customer requirements as specified by the relevant contract. Rights-of-return are estimable, and provisions for estimated returns are recorded as a reduction in revenue by the Company in the period revenue is recognized, and thereby accounted for as variable consideration. The Company includes the allowance for customer credits in its net accounts receivable balances on the Company’s balance sheet at period end. Allowance for customer credits were approximately $134,000 and $121,000 at June 30, 2019 and December 31, 2018, respectively. Contract Assets and Contract Liabilities Unbilled Revenue Timing of revenue recognition may differ from the timing of invoicing to customers. The Company records a receivable when revenue is recognized prior to invoicing. From time-to-time, the Company may have balances on its balance sheet representing revenue that has been recognized by the Company upon satisfaction of performance obligations and earning a right to receive payment. These not-yet invoiced receivable balances are driven by the timing of administrative transaction processing, and are not indicative of partially complete performance obligations, or unbilled revenue. Unbilled revenue represents revenue that is partially earned, whereby control of promised services has not yet transferred to the customer, and for which the Company has not earned the complete right to payment. The Company had zero unbilled revenue included in its consolidated balance sheets as of June 30, 2019 and December 31, 2018. Deferred Revenue The Company defers the recognition of revenue when cash payments are received or due in advance of satisfying its performance obligations, including amounts which are refundable. Such activity is not a common practice of operation for the Company. The Company had zero deferred revenue included in its consolidated balance sheets as of June 30, 2019 and December 31, 2018. Generally, payment terms within the Company’s customer contracts include a requirement of payment within 30 to 60 days from date of invoice. Typically, customers make payments after receipt of invoice for billed services, and less typically, in advance of rendered services. The Company has not made any significant changes in applying ASC 606 during the six months ended June 30, 2019 Disaggregation of Revenue The Company disaggregates revenue from contracts with customers by revenue source and has determined that disaggregating revenue into these categories sufficiently depicts the differences in the nature, amount, timing, and uncertainty of revenue streams. The Company has three main sources of revenue: lead fees, advertising, and other revenues. The following table summarizes revenue from contracts with customers, disaggregated by revenue source, for the three and six months ended June 30, 2019 and 2018. Revenue is recognized net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities. Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Lead fees $ 21,691 $ 22,211 $ 47,389 $ 46,291 Advertising Clicks 4,456 5,771 9,515 12,462 Display and other advertising 976 1,179 1,795 2,575 5,432 6,950 11,310 15,037 Other revenues 19 131 47 313 Total revenues $ 27,142 $ 29,292 $ 58,746 $ 61,641

Net Loss Per Share and Stockhol

Net Loss Per Share and Stockholders' Equity	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Net Loss Per Share and Stockholders' Equity	Basic net loss per share is computed using the weighted average number of common shares outstanding during the period, excluding any unvested restricted stock. Diluted net loss per share is computed using the weighted average number of common shares, and if dilutive, potential common shares outstanding, as determined under the treasury stock and if-converted methods, during the period. Potential common shares consist of unvested restricted stock and common shares issuable upon the exercise of stock options and warrants. The following are the share amounts utilized to compute the basic and diluted net loss per share for the three and six months ended June 30, 2019 and 2018: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Basic Shares: Weighted average common shares outstanding 13,147,741 12,920,591 13,066,617 12,965,520 Weighted average unvested restricted stock (36,850 ) (194,505 ) (48,362 ) (293,646 ) Basic Shares 13,110,891 12,726,086 13,018,255 12,671,874 Diluted Shares: Basic shares 13,110,891 12,726,086 13,018,255 12,671,874 Weighted average dilutive securities — — — — Diluted Shares 13,110,891 12,726,086 13,018,255 12,671,874 For the three and six months ended June 30, 2019 and 2018, the Company’s basic and diluted net loss per share are the same since the Company generated a net loss for the period and potentially dilutive securities are excluded from diluted net loss per share because they have an anti-dilutive impact. For the three and six months ended June 30, 2019, 4.2 million and 4.1 million of potentially anti-dilutive securities related to common stock have been excluded from the calculation of diluted net earnings per share, respectively. For the three and six months ended June 30, 2018, 4.2 and 4.3 million of potentially anti-dilutive securities related to common stock have been excluded from the calculation of diluted net earnings per share, respectively.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Share-based compensation expense is included in costs and expenses in the accompanying Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Share-based compensation expense: Cost of revenues $ — $ 4 $ — $ 19 Sales and marketing 66 159 138 384 Technology support 52 173 93 326 General and administrative (1) 442 607 880 1,841 Share-based compensation costs 560 943 1,111 2,570 Amount capitalized to internal use software — — — 1 Total share-based compensation costs $ 560 $ 943 $ 1,111 $ 2,569 (1) Certain awards were modified in connection with the termination of employment of two of the Company’s former executive officers. In accordance with the terms of applicable award agreements and/or consulting agreements, the vesting of certain awards was accelerated, and the terms of certain awards were modified. The Company recorded $0.8 million of expense related to the acceleration of certain awards and expense related to the modification of awards of approximately $0.1 million during the six months ended June 30, 2018. Service-Based Options. Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Number of service-based options granted 140,000 1,715,200 1,182,883 1,716,700 Weighted average grant date fair value $ 1.84 $ 1.83 $ 1.82 $ 1.84 Weighted average exercise price $ 3.45 $ 3.29 $ 3.42 $ 3.30 These options are valued using a Black-Scholes option pricing model and generally vest one-third on the first anniversary of the grant date and ratably over twenty-four months thereafter. The vesting of these awards is contingent upon the employee’s continued employment with the Company during the vesting period, and vesting will be accelerated in the event of a change in control of the Company, termination without cause of an employee, and voluntary termination by an employee with good reason. The grant date fair value of stock options granted during these periods was estimated using the Black-Scholes option pricing model using the following weighted average assumptions: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Dividend yield — — — — Volatility 66 % 68 % 65 % 68 % Risk-free interest rate 2.2 % 2.6 % 2.5 % 2.6 % Expected life (years) 4.4 4.5 4.4 4.5 Stock option exercises Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Number of stock options exercised 57,036 750 213,048 15,967 Weighted average exercise price $ 1.77 $ 2.20 $ 1.92 $ 4.68

Selected Balance Sheet Accounts

Selected Balance Sheet Accounts	6 Months Ended
	Jun. 30, 2019
Balance Sheet Related Disclosures [Abstract]
Selected Balance Sheet Accounts	Property and Equipment June 30, 2019 December 31, 2018 Computer software and hardware $ 12,440 $ 11,393 Capitalized internal use software 6,228 6,228 Furniture and equipment 1,743 1,743 Leasehold improvements 1,613 1,613 22,024 20,977 Less—Accumulated depreciation and amortization (18,619 ) (17,796 ) Property and Equipment, net $ 3,405 $ 3,181 Concentration of Credit Risk and Risks Due to Significant Customers Accounts receivable are primarily derived from fees billed to Dealers and Manufacturers. The Company generally requires no collateral to support its accounts receivables and maintains an allowance for bad debts for potential credit losses. The Company has a concentration of credit risk with its automotive industry-related accounts receivable balances. Approximately 34%, or $8.0 million, of gross accounts receivable at June 30, 2019, and approximately 27% of total revenues for the six months ended June 30, 2019, are related to Urban Science Applications (which represents Acura, Honda, Nissan, Infiniti, Subaru, Toyota and Volvo) and General Motors. For 2018, approximately 43%, or $10.7 million, of gross accounts receivables at June 30, 2018, and approximately 37% of total revenues for the six months ended June 30, 2018, is related to Urban Science Applications, Media.net Advertising and General Motors. Intangible Assets. The Company’s intangible assets are amortized over the following estimated useful lives: June 30, 2019 December 31, 2018 Definite-lived Intangible Asset Estimated Useful Life Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trademarks/ trade names/ licenses/ domains 3 - 7 years $ 16,589 $ (15,182 ) $ 1,407 $ 16,589 $ (14,914 ) $ 1,675 Customer relationships 2 - 5 years 19,563 (17,417 ) 2,146 19,563 (15,544 ) 4,019 Developed technology 5 - 7 years 8,955 (5,417 ) 3,538 8,955 (4,873 ) 4,082 $ 45,107 $ (38,016 ) $ 7,091 $ 45,107 $ (35,331 ) $ 9,776 June 30, 2019 December 31, 2018 Definite-lived Intangible Asset Estimated Useful Life Gross Accumulated Amortization Net Gross Accumulated Amortization Net Domain Indefinite $ 2,200 $ — $ 2,200 $ 2,200 $ — $ 2,200 Amortization expense is included in “Cost of revenues” and “Depreciation and amortization” in the Unaudited Consolidated Condensed Statements of Operations. Total amortization expense was $1.3 million and $2.7 million for the three and six months ended June 30, 2019, respectively. Amortization expense was $1.7 million and $3.4 million for the three and six months ended June 30, 2018, respectively. Amortization expense for the remainder of the year and for future years is as follows: Year Amortization Expense 2019 $ 2,187 2020 2,371 2021 1,499 2022 902 2023 86 Thereafter 46 $ 7,091 Accrued Expenses and Other Current Liabilities June 30, 2019 December 31, 2018 Accrued employee-related benefits $ 2,391 $ 3,125 Other accrued expenses and other current liabilities: Other accrued expenses 1,062 1,346 Amounts due to customers 596 424 Other current liabilities 406 434 Total other accrued expenses and other current liabilities 2,064 2,204 Total accrued expenses and other current liabilities $ 4,455 $ 5,329 Convertible Notes Payable AutoUSA Note

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	The Company determines if an arrangement is a lease at inception. The Company leases its facilities and certain office equipment under operating leases which expire on various dates through 2024. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date of the lease based on the present value of lease payments over the lease term. When readily determinable, the Company uses the implicit rate in determining the present value of lease payments. The ROU asset also includes any lease payments made and excludes lease incentives. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Lease Liabilities Current portion of lease liabilities $ 1,552 Long term lease liabilities, net of current portion 1,894 Total lease liabilities $ 3,446 The Company’s aggregate lease maturities as of June 30, 2019 are as follows: Year 2019 (remaining 6 months) $ 872 2020 1,279 2021 513 2022 459 2023 472 Thereafter 199 Total minimum lease payments 3,794 Less imputed interest (348 ) Total lease liabilities $ 3,446 Rent expense included in operating expenses and cost of revenue was $1.0 million for the six months ended June 30, 2019. The Company had a weighted average remaining lease term of 2.1 years and a weighted average discount rate of 5.5% as of June 30, 2019. Rent expense included in operating expenses for the six months ended June 30, 2018 was $0.8 million under ASC 840, the predecessor to ASC 842. In June 2017, the Company subleased one of its buildings to a third party for the remainder of the lease term which expired in February 2019. Rent expense for the six months ended June 30, 2019 and 2018 is net of sublease income of approximately $26,000 and $77,000, respectively. As of June 30, 2019, the Company did not have any additional operating leases that have not yet commenced.

Credit Facility

Credit Facility	6 Months Ended
	Jun. 30, 2019
Line of Credit Facility [Abstract]
Credit Facility	On April 30, 2019, the Company entered into a $25.0 million Revolving Credit and Security Agreement (" Credit Agreement Revolving Loan PNC Company Subsidiaries The interest rates per annum applicable to borrowings under the Credit Agreement will be, at the Company’s option (subject to certain conditions), equal to either a domestic rate (“ Domestic Rate Loans LIBOR Rate Loans The Credit Agreement contains customary representations and warranties and covenants that restrict the Company and the Company Subsidiaries from engaging in or taking various actions, including, among other things (but except as otherwise permitted by the Credit Agreement): (i) incurring or guaranteeing additional indebtedness; (ii) making any loans, investments or acquisitions; (iii) selling or otherwise transferring or disposing of assets other than in the ordinary course of business; (iv) engaging in transactions with affiliates; and (v) declaring or making distributions on their stock or other equity interests. In addition, the Credit Agreement contains financial covenants that require the Company to maintain its consolidated EBITDA (as defined in the Credit Agreement) at stated minimum levels ranging from ($2.9) million to $7.5 million for various periods during the term of the Credit Agreement. The Company is also required to maintain a $5.0 million pledged interest-bearing deposit account with Lender until the Company’s consolidated EBITDA is greater than $10.0 million. As of June 30, 2019, the Company had restricted cash related to the credit facility of approximately $5.0 million. As of June 30, 2019, and for the six months then ended, the Company had cash and cash equivalents of $1.4 million and a net loss of $10.3 million. The net loss is primarily attributable to operating expenses of $2l.6 million during the six months ended June 30, 2019. The Company used net cash in operations of $5.6 million for the six months ended June 30, 2019. As of June 30, 2019, the Company had an accumulated deficit of $338.0 million and stockholders' equity of $24.7 million. The Company has developed a strategic plan focused on improving operating performance in the future that includes modernizing and upgrading its technology and systems, pursuing business objectives and responding to business opportunities, developing new or improving existing products and services and enhancing operating infrastructure. The plan's objective is for the Company to generate positive cash flows by the fourth quarter of 2019. However, there is no assurance that the Company will be able to achieve this objective. Also, the Company entered into the Credit Agreement discussed above that is expected to be used to partially fund operations. However, if the Company continues to experience losses and becomes unable to comply with the financial covenants in the Credit Agreement, the Company may be unable to borrow funds under this credit facility. The Company believes that current cash reserves and operating cash flows will be sufficient to sustain operations into at least the third quarter of 2020. If the Company's plans are unsuccessful, it may need to seek to satisfy its future cash needs through private or public sales of securities, debt financings or partnering/licensing transactions. However, there is no assurance that the Company will be successful in satisfying its future cash needs such that the Company will be able to continue operations.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Employment Agreements The Company has employment agreements and severance benefits/retention agreements with certain key employees. A number of these agreements require severance payments and continuation of certain insurance benefits in the event of a termination of the employee’s employment by the Company without cause or by the employee for good reason (as defined in these agreements). Stock option agreements and restricted stock award agreements with some key employees provide for acceleration of vesting of stock options and lapsing of forfeiture restrictions on restricted stock in the event of a change in control of the Company, upon termination of employment by the Company without cause or by the employee for good reason, or upon the employee’s death or disability. Litigation From time to time, the Company may be involved in litigation matters arising from the normal course of its business activities. Such litigation, even if not meritorious, could result in substantial costs and diversion of resources and management attention, and an adverse outcome in litigation could materially adversely affect its business, results of operations, financial condition and cash flows.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	On an interim basis, the Company estimates what its anticipated annual effective tax rate will be and records a quarterly income tax provision in accordance with the estimated annual rate, adjusted accordingly by the tax effect of certain discrete items that arise during the quarter. As the year progresses, the Company refines its estimated annual effective tax rate based on actual year-to-date results. This process can result in significant changes to the Company's estimated effective tax rate. When such activity occurs, the income tax provision is adjusted during the quarter in which the estimates are refined and adjusted. As such, the Company's year-to-date tax provision reflects the estimated annual effective tax rate. Therefore, these changes along with the adjustments to the Company's deferred taxes and related valuation allowance, may create fluctuations in the overall effective tax rate from period to period. Due to overall cumulative losses incurred in recent years, the Company maintained a valuation allowance against its deferred tax assets as of June 30, 2019 and December 31, 2018. The Company’s effective tax rate for the six months ended June 30, 2019 differed from the U.S. federal statutory rate primarily due to operating losses that receive no tax benefit as a result of a valuation allowance recorded against the Company's existing tax assets. The total amount of unrecognized tax benefits, excluding associated interest and penalties, was $0.5 million as of June 30, 2019, all of which, if subsequently recognized, would have affected the Company's tax rate. As of June 30, 2019 and December 31, 2018, there was no balance of accrued interest and penalties related to uncertain tax positions. The Company recognizes interest and penalties related to uncertain tax positions as a component of income tax expense, and the accrued interest and penalties are included in deferred and other current liabilities in the Company’s condensed consolidated balance sheets. There were no material interest or penalties included in income tax expenses for the three and six months ended June 30, 2019 and 2018. The Company is subject to taxation in the U.S. and in various foreign and state jurisdictions. Due to expired statutes of limitation, the Company’s federal income tax returns for years prior to calendar year 2015 are not subject to examination by the U.S. Internal Revenue Service. Generally, for the majority of state jurisdictions where the Company does business, periods prior to calendar year 2014 are no longer subject to examination. The Company does not anticipate a significant change to the total amount of unrecognized tax benefits within the next twelve months.

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Event	In December 2014, the Company entered into a Series Seed Preferred Stock Purchase Agreement with GoMoto in which the Company paid $100,000 for 317,460 shares of Series Seed Preferred Stock, $0.001 par value per share. In October 2015 and May 2016, the Company invested an additional $375,000 and $375,000 in each period in the form of convertible promissory notes. At December 31, 2017, both the GoMoto Notes and related interest receivable were fully reserved because the Company believed the amounts were not recoverable. Furthermore, based on continuing deterioration in GoMoto’s financial position, the Company believed that uncertainty existed in the recoverability of its remaining investment of $100,000 in GoMoto and, accordingly, recognized a loss on the investment for the year ended December 31, 2018. On January 29, 2019, the GoMoto Notes were converted into 1,781,047 shares of GoMoto’s Series A-2 Preferred Stock, $0.001 par value per share. The outstanding principal plus accrued interest under the GoMoto Notes was converted in accordance with the terms of the notes upon the closing of a new preferred stock financing and based on a discount to the price paid by the new investor for the investor’s preferred shares. On July 30, 2019, the Company entered into a Repurchase Agreement with GoMoto, pursuant to which GoMoto repurchased these 317,460 shares of Series Seed Preferred Stock and 1,781,047 shares of Series A-2 Preferred Stock from the Company for an aggregate purchase price of $250,000.

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Issued but not yet adopted by the Company In August 2018, the Financial Accounting Standards Board (“ FASB “Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract” ASU 2018-15 Recently adopted by the Company Accounting Standards Codification 220 “Comprehensive Income.” Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income Accounting Standards Codification 842 “Leases” ASC 842 Leases (Topic 842) ROU The Company adopted the ASU effective January 1, 2019 utilizing the modified retrospective approach for adoption for all leases that existed at or commenced after the date of initial application with an option to use certain practical expedients. The package of practical expedients allowed the Company to not reassess: (i) whether any expired or existing contracts are or contain leases, (ii) lease classification for any expired or existing leases, and (iii) initial direct costs for any expired or existing leases. The Company also used (i) hindsight when evaluating contractual lease options, (ii) the practical expedient that allows lessees to treat lease and non-lease components of leases as a single lease component, and (iii) the portfolio approach which allows similar leased assets to be grouped and accounted for together. In addition, the Company implemented additional internal controls to evaluate future transactions in accordance with the standard. The adoption of ASC 842 had a material impact on the consolidated balance sheet due to the recognition of ROU assets and lease liabilities. The adoption of this ASU did not have a material impact on the consolidated statement of operations or the consolidated statement of cash flows. The Company did not recognize a material cumulative effect adjustment to the opening balance sheet retained earnings on January 1, 2019. Because the modified retrospective approach was elected, the ASU was not applied to periods prior to adoption and did not have an impact on previously reported results. At adoption, the Company recognized operating lease ROU assets and lease liabilities that reflect the present value of the future payments. As the rate implicit in the lease could not be determined for any of the Company’s leases, an estimated incremental borrowing rate of 5.5% was used to determine the present value of lease payments. Based on the impact of ASC 842 on the lease population, the Company recorded $4.4 million in lease liabilities and $4.2 million for ROU assets based upon the lease liabilities adjusted for deferred rent. See Note 8 for additional information on leases. SEC Release No. 33-10532, Disclosure Update and Simplification. Disclosure Update and Simplification

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2019
Revenue Recognition [Abstract]
Revenue from contracts	Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Lead fees $ 21,691 $ 22,211 $ 47,389 $ 46,291 Advertising Clicks 4,456 5,771 9,515 12,462 Display and other advertising 976 1,179 1,795 2,575 5,432 6,950 11,310 15,037 Other revenues 19 131 47 313 Total revenues $ 27,142 $ 29,292 $ 58,746 $ 61,641

Net Loss Per Share and Stockh_2

Net Loss Per Share and Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Computation of basic and diluted net earnings (loss) per share	Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Basic Shares: Weighted average common shares outstanding 13,147,741 12,920,591 13,066,617 12,965,520 Weighted average unvested restricted stock (36,850 ) (194,505 ) (48,362 ) (293,646 ) Basic Shares 13,110,891 12,726,086 13,018,255 12,671,874 Diluted Shares: Basic shares 13,110,891 12,726,086 13,018,255 12,671,874 Weighted average dilutive securities — — — — Diluted Shares 13,110,891 12,726,086 13,018,255 12,671,874

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-based compensation expense included in costs and expenses	Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Share-based compensation expense: Cost of revenues $ — $ 4 $ — $ 19 Sales and marketing 66 159 138 384 Technology support 52 173 93 326 General and administrative (1) 442 607 880 1,841 Share-based compensation costs 560 943 1,111 2,570 Amount capitalized to internal use software — — — 1 Total share-based compensation costs $ 560 $ 943 $ 1,111 $ 2,569 (1) Certain awards were modified in connection with the termination of employment of two of the Company’s former executive officers. In accordance with the terms of applicable award agreements and/or consulting agreements, the vesting of certain awards was accelerated, and the terms of certain awards were modified. The Company recorded $0.8 million of expense related to the acceleration of certain awards and expense related to the modification of awards of approximately $0.1 million during the six months ended June 30, 2018.
Service based options granted during period	Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Number of service-based options granted 140,000 1,715,200 1,182,883 1,716,700 Weighted average grant date fair value $ 1.84 $ 1.83 $ 1.82 $ 1.84 Weighted average exercise price $ 3.45 $ 3.29 $ 3.42 $ 3.30
Fair value of stock options granted using the following weighted average assumptions	Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Dividend yield — — — — Volatility 66 % 68 % 65 % 68 % Risk-free interest rate 2.2 % 2.6 % 2.5 % 2.6 % Expected life (years) 4.4 4.5 4.4 4.5
Stock option exercises	Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Number of stock options exercised 57,036 750 213,048 15,967 Weighted average exercise price $ 1.77 $ 2.20 $ 1.92 $ 4.68

Selected Balance Sheet Accoun_2

Selected Balance Sheet Accounts (Tables)	6 Months Ended
	Jun. 30, 2019
Balance Sheet Related Disclosures [Abstract]
Property and equipment	June 30, 2019 December 31, 2018 Computer software and hardware $ 12,440 $ 11,393 Capitalized internal use software 6,228 6,228 Furniture and equipment 1,743 1,743 Leasehold improvements 1,613 1,613 22,024 20,977 Less—Accumulated depreciation and amortization (18,619 ) (17,796 ) Property and Equipment, net $ 3,405 $ 3,181
Intangible assets amortized over the estimated useful lives	June 30, 2019 December 31, 2018 Definite-lived Intangible Asset Estimated Useful Life Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trademarks/ trade names/ licenses/ domains 3 - 7 years $ 16,589 $ (15,182 ) $ 1,407 $ 16,589 $ (14,914 ) $ 1,675 Customer relationships 2 - 5 years 19,563 (17,417 ) 2,146 19,563 (15,544 ) 4,019 Developed technology 5 - 7 years 8,955 (5,417 ) 3,538 8,955 (4,873 ) 4,082 $ 45,107 $ (38,016 ) $ 7,091 $ 45,107 $ (35,331 ) $ 9,776 June 30, 2019 December 31, 2018 Definite-lived Intangible Asset Estimated Useful Life Gross Accumulated Amortization Net Gross Accumulated Amortization Net Domain Indefinite $ 2,200 $ — $ 2,200 $ 2,200 $ — $ 2,200
Future amortization expense	Year Amortization Expense 2019 $ 2,187 2020 2,371 2021 1,499 2022 902 2023 86 Thereafter 46 $ 7,091
Accrued expenses and other current liabilities	June 30, 2019 December 31, 2018 Accrued employee-related benefits $ 2,391 $ 3,125 Other accrued expenses and other current liabilities: Other accrued expenses 1,062 1,346 Amounts due to customers 596 424 Other current liabilities 406 434 Total other accrued expenses and other current liabilities 2,064 2,204 Total accrued expenses and other current liabilities $ 4,455 $ 5,329

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Lease liabilities	Current portion of lease liabilities $ 1,552 Long term lease liabilities, net of current portion 1,894 Total lease liabilities $ 3,446
Aggregate lease maturities	Year 2019 (remaining 6 months) $ 872 2020 1,279 2021 513 2022 459 2023 472 Thereafter 199 Total minimum lease payments 3,794 Less imputed interest (348 ) Total lease liabilities $ 3,446

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue from contracts with customers	$ 27,142	$ 29,292	$ 58,746	$ 61,641
Lead Fees [Member]
Revenue from contracts with customers	21,691	22,211	47,389	46,291
Click Advertising [Member]
Revenue from contracts with customers	4,456	5,771	9,515	12,462
Display and Other Advertising [Member]
Revenue from contracts with customers	976	1,179	1,795	2,575
Advertising [Member]
Revenue from contracts with customers	5,432	6,950	11,310	15,037
Other Revenues [Member]
Revenue from contracts with customers	$ 19	$ 131	$ 47	$ 313

Net Loss Per Share and Stockh_3

Net Loss Per Share and Stockholders' Equity (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Basic Shares:
Weighted average common shares outstanding	13,147,741	12,920,591	13,066,617	12,965,520
Weighted average unvested restricted stock	(36,850)	(194,505)	(48,362)	(293,646)
Basic shares	13,110,891	12,726,086	13,018,255	12,671,874
Diluted Shares:
Basic shares	13,110,891	12,726,086	13,018,255	12,671,874
Weighted average dilutive securities	0	0	0	0
Diluted Shares	13,110,891	12,726,086	13,018,255	12,671,874

Net Loss Per Share and Stockh_4

Net Loss Per Share and Stockholders' Equity (Details Narrative) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Anti-dilutive potential shares of common stock	4,200,000	4,200,000	4,100,000	4,300,000

Share-Based Compensation (Detai

Share-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based compensation expense:
Share-based compensation costs	$ 560	$ 943	$ 1,111	$ 2,570
Amount capitalized to internal use software	0	0	0	1
Total share-based compensation costs	560	943	1,111	2,569
Cost of revenues [Member]
Share-based compensation expense:
Share-based compensation costs	0	4	0	19
Sales and marketing [Member]
Share-based compensation expense:
Share-based compensation costs	66	159	138	384
Technology support [Member]
Share-based compensation expense:
Share-based compensation costs	52	173	93	326
General and administrative [Member]
Share-based compensation expense:
Share-based compensation costs	$ 442	$ 607	$ 880	$ 1,841

Share-Based Compensation (Det_2

Share-Based Compensation (Details 1) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Stock Issued or Granted During Period, Share-based Compensation
Number of service-based options granted	140,000	1,715,200	1,182,883	1,716,700
Weighted average grant date fair value	$ 1.84	$ 1.83	$ 1.82	$ 1.84
Weighted average exercise price	$ 3.45	$ 3.29	$ 3.42	$ 3.30

Share-Based Compensation (Det_3

Share-Based Compensation (Details 2)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Fair value of stock options granted using the following weighted average assumptions
Dividend yield	0.00%	0.00%	0.00%	0.00%
Volatility	66.00%	68.00%	65.00%	68.00%
Risk-free interest rate	2.20%	2.60%	2.50%	2.60%
Expected life	4 years 4 months 24 days	4 years 6 months	4 years 4 months 24 days	4 years 6 months

Share-Based Compensation (Det_4

Share-Based Compensation (Details 3) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Payment Arrangement [Abstract]
Number of stock options exercised	57,036	750	213,048	15,967
Weighted average exercise price	$ 1.77	$ 2.20	$ 1.92	$ 4.68

Selected Balance Sheet Accoun_3

Selected Balance Sheet Accounts (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Property and Equipment
Computer software and hardware	$ 12,440	$ 11,393
Capitalized internal use software	6,228	6,228
Furniture and equipment	1,743	1,743
Leasehold improvements	1,613	1,613
Property and equipment, gross	22,024	20,977
Less - Accumulated depreciation and amortization	(18,619)	(17,796)
Property and equipment, net	$ 3,405	$ 3,181

Selected Balance Sheet Accoun_4

Selected Balance Sheet Accounts (Details 1) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Intangible Assets
Gross	$ 45,107	$ 45,107
Accumulated amortization	(38,016)	(35,331)
Net	9,291	11,976
Trademarks and Trade Names [Member]
Intangible Assets
Gross	16,589	16,589
Accumulated amortization	(15,182)	(14,914)
Net	$ 1,407	1,675
Trademarks and Trade Names [Member] | Minimum [Member]
Finite-Lived Intangible Assets
Estimated useful life	3 years
Trademarks and Trade Names [Member] | Maximum [Member]
Finite-Lived Intangible Assets
Estimated useful life	7 years
Developed Technology Rights [Member]
Intangible Assets
Gross	$ 8,955	8,955
Accumulated amortization	(5,417)	(4,873)
Net	$ 3,538	4,082
Developed Technology Rights [Member] | Minimum [Member]
Finite-Lived Intangible Assets
Estimated useful life	5 years
Developed Technology Rights [Member] | Maximum [Member]
Finite-Lived Intangible Assets
Estimated useful life	7 years
Customer Relationships [Member]
Intangible Assets
Gross	$ 19,563	19,563
Accumulated amortization	(17,417)	(15,544)
Net	$ 2,146	4,019
Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets
Estimated useful life	2 years
Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets
Estimated useful life	10 years
Software and publications [Member]
Finite-Lived Intangible Assets
Estimated useful life	3 years
Employment/non-compete agreements [Member] | Minimum [Member]
Finite-Lived Intangible Assets
Estimated useful life	1 year
Employment/non-compete agreements [Member] | Maximum [Member]
Finite-Lived Intangible Assets
Estimated useful life	5 years
Domain [Member]
Intangible Assets
Gross	$ 2,200	2,200
Accumulated amortization	0	0
Net	$ 2,200	$ 2,200

Selected Balance Sheet Accoun_5

Selected Balance Sheet Accounts (Details 2) $ in Thousands	Jun. 30, 2019USD ($)
Amortization expense for the remainder of the year and for the next five years
2019	$ 2,187
2020	2,371
2021	1,499
2022	902
2023	86
Thereafter	46
Total	$ 7,091

Selected Balance Sheet Accoun_6

Selected Balance Sheet Accounts (Details 3) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Accrued expenses and other current liabilities
Accrued employee-related benefits	$ 2,391	$ 3,125
Other accrued expenses	1,062	1,346
Amounts due to customers	596	424
Other current liabilities	406	434
Total other accrued expenses and other current liabilities	2,064	2,204
Total accrued expenses and other current liabilities	$ 4,455	$ 5,329

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Leases [Abstract]
Current portion of lease liabilities	$ 1,552	$ 0
Long term lease liabilities, net of current portion	1,894	$ 0
Total lease liabilities	$ 3,446

Leases (Details 1)

Leases (Details 1) $ in Thousands	Jun. 30, 2019USD ($)
Leases [Abstract]
2019 (remaining 6 months)	$ 872
2020	1,279
2021	513
2022	459
2023	472
Thereafter	199
Total minimum lease payments	3,794
Less imputed interest	(348)
Total lease liabilities	$ 3,446