Meet (MEET) 10-Q 6 May 20 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2020	May 01, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	001-33105
Entity Registrant Name	Meet Group, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	86-0879433
Entity Address, Address Line One	100 Union Square Drive
Entity Address, City or Town	New Hope
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	18938
City Area Code	215
Local Phone Number	862-1162
Title of 12(b) Security	Common Stock
Trading Symbol	MEET
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		71,803,638
Entity Central Index Key	0001078099
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 32,110	$ 27,241
Accounts receivable, net	23,966	25,234
Prepaid expenses and other current assets	5,820	6,062
Total current assets	61,896	58,537
Deferred tax assets	16,211	16,233
Property and equipment, net	3,047	3,625
Operating lease right-of-use assets	7,138	7,034
Intangible assets, net	26,945	29,305
Goodwill	155,693	156,687
Other assets	850	1,300
Total assets	271,780	272,721
Current liabilities:
Accounts payable	7,518	5,346
Accrued liabilities	18,915	20,090
Current portion of long-term debt	3,500	3,500
Current portion of operating lease liabilities	2,527	2,081
Current portion of finance lease obligations	9	10
Deferred revenue	3,563	3,884
Total current liabilities	36,032	34,911
Long-term debt, net	29,523	30,375
Long-term operating lease liabilities	4,723	5,024
Long-term finance lease obligations	48	53
Long-term derivative liabilities	477	1,451
Deferred tax liabilities	2,888	2,773
Other liabilities	0	894
Total liabilities	73,691	75,481
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value; authorized - 5,000,000 shares; no shares issued and outstanding as of March 31, 2020 and December 31, 2019	0	0
Series A junior participating preferred stock, $0.001 par value; authorized - 200,000 shares; no shares issued and outstanding as of March 31, 2020 and December 31, 2019	0	0
Common stock, $0.001 par value; authorized - 100,000,000 shares; 71,185,492 and 70,756,013 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively	71	71
Additional paid-in capital	434,622	430,959
Accumulated deficit	(234,073)	(231,441)
Accumulated other comprehensive loss	(2,531)	(2,349)
Total stockholders’ equity	198,089	197,240
Total liabilities and stockholders’ equity	$ 271,780	$ 272,721

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	71,185,492	70,756,013
Common stock, shares outstanding (in shares)	71,185,492	70,756,013
Series A Preferred Stock
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	200,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Revenue	$ 55,066,000	$ 49,513,000
Operating costs and expenses:
Sales and marketing	7,714,000	7,841,000
Product development and content	37,671,000	31,123,000
General and administrative	5,030,000	4,928,000
Depreciation and amortization	2,820,000	3,198,000
Acquisition, restructuring and other	3,370,000	479,000
Total operating costs and expenses	56,605,000	47,569,000
(Loss) income from operations	(1,539,000)	1,944,000
Other income (expense):
Interest income	13,000	32,000
Interest expense	(396,000)	(403,000)
Loss on foreign currency transactions	(7,000)	(65,000)
Loss on disposal of assets	(108,000)	0
Other items of income, net	2,000	4,000
Total other expense	(496,000)	(432,000)
(Loss) income before income tax expense	(2,035,000)	1,512,000
Income tax expense	(373,000)	(254,000)
Net (loss) income	$ (2,408,000)	$ 1,258,000
Basic and diluted net (loss) income per share:
Basic net (loss) income per share (in dollars per share)	$ (0.03)	$ 0.02
Diluted net (loss) income per share (in dollars per share)	$ (0.03)	$ 0.02
Weighted-average shares outstanding:
Basic (in shares)	71,001,906	74,848,080
Diluted (in shares)	71,001,906	78,799,248
Comprehensive (loss) income:
Net (loss) income	$ (2,408,000)	$ 1,258,000
Other comprehensive loss:
Reclassification of gains on derivative financial instruments, net of tax of $274 and $346, respectively	(597,000)	(776,000)
Unrealized gains on derivative financial instruments, net of tax of $454 and $386, respectively	822,000	828,000
Foreign currency translation adjustment	(407,000)	(321,000)
Other comprehensive loss	(182,000)	(269,000)
Comprehensive (loss) income	$ (2,590,000)	$ 989,000

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
Reclassification of gains on derivative financial instruments, tax benefit	$ 274	$ 346
Unrealized gains on derivative financial instruments, tax expense	$ 454	$ 386

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss
Balance (in shares) at Dec. 31, 2018		74,697,526
Balance at Dec. 31, 2018	$ 197,221,000	$ 75,000	$ 419,456,000	$ (220,276,000)	$ (2,034,000)
Increase (Decrease) in Stockholders' Equity
Stock-based compensation expense	2,425,000		2,425,000
Exercise of stock options (in shares)		151,737
Exercise of stock options	681,000		681,000
Issuance of common stock for vested RSAs (in shares)		420,772
Issuance of common stock for vested restricted stock awards	0	$ 1,000	(1,000)
Restricted stock awards withheld to cover taxes	(89,000)		(89,000)
Other comprehensive loss	(269,000)				(269,000)
Net (loss) income	1,258,000			1,258,000
Balance (in shares) at Mar. 31, 2019		75,270,035
Balance at Mar. 31, 2019	201,227,000	$ 76,000	422,472,000	(219,018,000)	(2,303,000)
Balance (in shares) at Dec. 31, 2019		70,756,013
Balance at Dec. 31, 2019	197,240,000	$ 71,000	430,959,000	(231,441,000)	(2,349,000)
Increase (Decrease) in Stockholders' Equity
Stock-based compensation expense	$ 3,185,000		3,185,000
Exercise of stock options (in shares)	162,841	162,841
Exercise of stock options	$ 564,000		564,000
Issuance of common stock for vested RSAs (in shares)		279,573
Issuance of common stock for vested restricted stock awards	0
Restricted stock awards withheld to cover taxes	(86,000)		(86,000)
Repurchase and retirement of common stock (in shares)		(12,935)
Repurchase and retirement of common stock	(65,000)			(65,000)
Other comprehensive loss	(182,000)				(182,000)
Net (loss) income	(2,408,000)			(2,408,000)
Balance (in shares) at Mar. 31, 2020		71,185,492
Balance at Mar. 31, 2020	$ 198,089,000	$ 71,000	$ 434,622,000	$ (234,073,000)	$ (2,531,000)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net (loss) income	$ (2,408,000)	$ 1,258,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	2,820,000	3,198,000
Amortization of right-of-use assets	635,000	695,000
Stock-based compensation expense	3,185,000	2,425,000
Deferred tax expense (benefit)	9,000	(147,000)
Loss on disposal of assets	108,000	0
Loss on foreign currency transactions	7,000	65,000
Provision for expected credit losses	82,000	325,000
Non-cash interest expense	120,000	38,000
Changes in derivative financial instruments	171,000	0
Changes in contingent consideration obligations	23,000	16,000
Changes in operating assets and liabilities:
Accounts receivable	944,000	1,187,000
Prepaid expenses, other current assets and other assets	768,000	(774,000)
Accounts payable and accrued liabilities	(638,000)	(5,009,000)
Deferred revenue	(275,000)	85,000
Net cash provided by operating activities	5,551,000	3,362,000
Cash flows from investing activities:
Purchases of property and equipment	(87,000)	(283,000)
Acquisition of business, net of cash acquired	0	(11,808,000)
Net cash used in investing activities	(87,000)	(12,091,000)
Cash flows from financing activities:
Proceeds from exercise of stock options	564,000	681,000
Repurchases of common stock	(65,000)	0
Payments of finance leases	(5,000)	(41,000)
Proceeds from revolving loan	0	7,000,000
Payments for restricted stock awards withheld for taxes	(86,000)	(89,000)
Payments of term loan	(875,000)	(7,317,000)
Net cash (used in) provided by financing activities	(467,000)	234,000
Change in cash and cash equivalents prior to effect of foreign currency exchange rate	4,997,000	(8,495,000)
Effect of foreign currency exchange rate	(128,000)	(60,000)
Net increase (decrease) in cash and cash equivalents	4,869,000	(8,555,000)
Cash and cash equivalents as of beginning of period	27,241,000	28,366,000
Cash and cash equivalents as of end of period	32,110,000	19,811,000
Supplemental disclosure of cash flow information:
Cash paid for interest	123,000	361,000
Cash paid for income taxes	$ 973,000	$ 297,000

Description of Business, Basis

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business, Basis of Presentation and Summary of Significant Accounting Policies	Description of Business, Basis of Presentation and Summary of Significant Accounting Policies Description of Business The Meet Group, Inc. (“Company,” or “The Meet Group”) is a leading provider of interactive live-streaming solutions. The Company leverages a powerful live video platform (“Live”), empowering its global community to forge meaningful connections. The Company’s primary applications (“apps”) are MeetMe®, Skout®, Tagged®, LOVOO® and Growlr®. The Company operates location-based social networks for meeting new people — primarily on mobile platforms, including on iPhone, Android, iPad and other tablets — that facilitate interactions among users and encourage users to connect, communicate and engage with each other. The Company also offers online marketing capabilities, which enable marketers to display their advertisements on its apps. Basis of Presentation The Company’s consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). The consolidated financial statements include the accounts of all subsidiaries and affiliates in which the Company holds a controlling financial interest as of the date of the consolidated financial statements. The consolidated financial statements include the accounts of The Meet Group and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Unaudited Interim Financial Information The unaudited consolidated financial statements have been prepared by the Company and reflect all normal, recurring adjustments that, in the opinion of management, are necessary for a fair presentation of the interim financial information. The results of operations for the interim periods presented are not necessarily indicative of the results to be expected for any subsequent quarter or for the year ending December 31, 2020 . Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted under the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). These unaudited consolidated financial statements and notes included herein should be read in conjunction with the audited consolidated financial statements and notes included therein in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 , which was filed with the SEC on March 12, 2020 . Merger Agreement On March 5, 2020, the Company entered into a definitive agreement to be acquired by ProSiebenSat.1 Media SE’s and General Atlantic Coöperatief U.A.’s joint company, NCG – NUCOM GROUP SE, a European stock corporation (“NuCom”), through eHarmony Holding, Inc., a subsidiary of NuCom’s platform company Parship Group GmbH (“Buyer”). Pursuant to the Agreement and Plan of Merger (“Merger Agreement”), by and among the Company, Buyer, Holly Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Buyer (“Merger Sub”), and NuCom, solely for the purpose of guaranteeing Buyer’s obligations under the Merger Agreement, Merger Sub shall merge with and into the Company (“Merger”). As a result of the Merger, the separate corporate existence of Merger Sub shall cease, the Company shall continue as the surviving corporation in the Merger (“Surviving Corporation”) and the Surviving Corporation shall become a wholly-owned subsidiary of Buyer. The Company recorded $3.1 million of acquisition, restructuring and other expenses related to the Merger Agreement during the three months ended March 31, 2020 . The Company expects the Merger to close in the second half of 2020, subject to the satisfaction of all closing conditions. Summary of Significant Accounting Policies Use of Estimates The preparation of financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions are required in the determination of business combinations and contingent consideration arrangements, income taxes, the valuation of long-lived assets, including property and equipment, definite-lived intangible assets and goodwill and accounting for contingencies. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates. The Company’s estimates are often based on complex judgments, probabilities and assumptions that it believes are reasonable but are inherently uncertain and unpredictable. For any given individual estimate or assumption made by the Company, there may also be other estimates or assumptions that are reasonable. The Company regularly evaluates its estimates and assumptions using historical experience and other factors, including the economic environment. As future events and their effects cannot be determined with precision, the Company’s estimates and assumptions may prove to be incomplete or inaccurate, or unanticipated events and circumstances may occur that might cause it to change those estimates and assumptions. Market conditions, such as illiquid credit markets, volatile equity markets, dramatic fluctuations in foreign currency rates and economic downturn, can increase the uncertainty already inherent in its estimates and assumptions. The Company adjusts its estimates and assumptions when facts and circumstances indicate the need for change. Those changes generally will be reflected in the Company’s consolidated financial statements on a prospective basis unless they are required to be treated retrospectively under the relevant accounting standard. It is possible that other professionals, applying reasonable judgment to the same facts and circumstances, could develop and support a range of alternative estimated amounts. The Company is also subject to other risks and uncertainties that may cause actual results to differ from estimated amounts, such as changes in competition, litigation, legislation and regulations. Recently-issued Accounting Standards Recently-adopted Accounting Standards In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU No. 2016-13”), which requires the measurement and recognition of expected credit losses for certain financial assets, including trade accounts receivable. ASU No. 2016-13 replaces the existing incurred loss impairment model with an expected loss model that requires the use of relevant information, including an entity’s historical experience, current conditions and other reasonable and supportable forecasts that affect collectability over the life of a financial asset. The amendments in ASU No. 2016-13 are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption was permitted. The Company adopted ASU No. 2016-13 on January 1, 2020, which resulted in an increase of $0.2 million to its allowance for credit losses that was recognized as a cumulative effect adjustment to its accumulated deficit under a modified retrospective transition method. The new standard did not materially impact the Company’s results of operations or cash flows. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement (“ASU No. 2018-13”). This standard removes, modifies and makes certain additions to the disclosure requirements for fair value measurement. The amendments in ASU No. 2018-13 are effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption was permitted. The Company adopted ASU No. 2018-13 on January 1, 2020, and it did not have a material impact to its consolidated financial statement disclosures. Accounting Standards Issued and Not Yet Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU No. 2019-12”). This standard simplifies the accounting for income taxes by removing certain exceptions to the general principles in Accounting Standards Codification Topic 740, Income Taxes , and clarifies and amends certain existing guidance. The amendments in ASU No. 2019-12 are effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this new standard will have on its financial position, results of operations and cash flows. Impact of the 2019 Novel Coronavirus The Company is closely monitoring the impact of the 2019 novel coronavirus (“COVID-19”) on all aspects of its business. COVID-19 was declared a global pandemic by the World Health Organization on March 11, 2020 and the U.S. President declared the COVID-19 outbreak a national emergency. While the COVID-19 pandemic has had minimal impact on the Company’s operations and financial results to date, the future impacts of the pandemic and any resulting economic impact are largely unknown and rapidly evolving. It is possible that the COVID-19 pandemic, the measures taken by the governments of countries affected and the resulting economic impact may negatively impact the Company’s results of operations, cash flows and financial position as well as its vendors, advertising partners and users.

Credit Risk and Allowance for C

Credit Risk and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Credit Risk and Allowance for Credit Losses	Credit Risk and Allowance for Credit Losses The Company is exposed to significant concentrations of credit risk for certain of its financial assets, including cash, cash equivalents and accounts receivable. Cash and Cash Equivalents Cash is carried on the Company’s consolidated balance sheets at amortized cost and consists primarily of U.S. dollars and euros held in insured depository accounts with major U.S. and international banks and financial institutions. The Company believes its risk of credit losses for cash is remote, and, accordingly, its allowance for credit losses was insignificant as of March 31, 2020 and December 31, 2019 . As of March 31, 2020 and December 31, 2019 , $25.4 million and $19.7 million of cash exceeded depository insurance limits, respectively. The Company invests certain of its cash in cash equivalents that are high-quality, liquid money market funds maintained by major U.S. and international banks and financial institutions, and it does not have a history of any losses on its cash and/or cash equivalents. The Company’s cash equivalents are measured at fair value on its consolidated balance sheets using Level 1 inputs of the fair value hierarchy. Accounts Receivable, Net Accounts receivable are carried on the Company’s consolidated balance sheets at amortized cost, net of an allowance for expected credit losses. The Company extends credit in the normal course of business to both U.S. and international customers on a non-collateralized basis under payment terms that typically range from 30 to 120 days. Accounts receivable are written-off in the period that management determines they are uncollectible. The following table sets forth the composition of accounts receivable, net as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Accounts receivable $ 24,476 $ 25,503 Less: Allowance for credit losses (510 ) (269 ) Accounts receivable, net $ 23,966 $ 25,234 The Company estimates an allowance for credit losses on its accounts receivable using historical information, current events and reasonable and supportable forecasts of future events. Such information includes, but is not limited to, the Company’s historical collections trends, its customers’ credit histories and other financial information, customer type, customer-specific circumstances, industry, peer and economic data. To estimate the allowance for credit losses, the Company uses an aging method that assigns a provision for expected credit losses to each aging category of accounts receivable, including current accounts, which increases as accounts age and/or extend past their due dates. The Company does not have a significant history of material losses from uncollectible accounts. The following table sets forth a summary of the changes in the Company’s allowance for credit losses related to accounts receivable for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Balance as of January 1 $ 428 $ 384 Provision for expected credit losses 82 325 Balance as of March 31 $ 510 $ 709 Concentration of Credit Risk Three customers, which were advertising aggregators or payment processors representing thousands of advertisers, comprised 63% and 42% of the Company’s accounts receivable as of March 31, 2020 and December 31, 2019 , respectively.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	3 Months Ended
	Mar. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets The following table sets forth the composition of prepaid expenses and other current assets as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Value-added tax and income tax receivables $ 1,786 $ 1,312 Fair value of derivative assets 655 583 Prepaid insurance 402 659 Prepaid support contracts 555 443 Prepaid service providers 1,606 1,765 Prepaid advertising 404 680 Other prepaid expenses and other current assets 412 620 Total prepaid expenses and other current assets $ 5,820 $ 6,062

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net The following table sets forth the composition of the Company’s property and equipment, net as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Servers, computer equipment and software $ 14,930 $ 14,901 Office furniture and equipment 879 863 Leasehold improvements 677 671 Total property and equipment 16,486 16,435 Less: Accumulated depreciation (13,439 ) (12,810 ) Total property and equipment, net $ 3,047 $ 3,625 Depreciation expense was $0.6 million for each of the three months ended March 31, 2020 and 2019 .

Leases

Leases	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Leases	Leases The Company has operating leases for its operating facilities, data center storage facilities and certain data storage equipment in the U.S. and Germany, and finance leases for certain data centers, printers and other furniture in its German offices. The Company's lease terms include options to extend or terminate the lease and the Company includes these options in the lease term when it is reasonably certain to exercise that option. The following table sets forth the Company’s lease costs for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Lease costs: Operating lease cost (1) $ 723 $ 725 Finance lease cost: Depreciation expense $ 5 $ 2 Interest on lease liabilities 1 2 Total finance lease cost $ 6 $ 4 (1) Short-term lease costs were immaterial. The following table sets forth the supplemental cash flow information for the Company’s leases for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 683 $ 738 Operating cash flows for finance leases $ 1 $ 2 Financing cash flows for finance leases $ 5 $ 41 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 794 $ 4,070 The following table sets forth the Company’s aggregate future lease payments for operating and finance leases as of March 31, 2020 : (in thousands) Years Ending December 31, Operating Leases Finance Leases Remaining in 2020 $ 2,167 $ 9 2021 2,459 12 2022 1,109 12 2023 585 12 2024 549 12 Thereafter 1,163 9 Total minimum lease payments 8,032 66 Less: Amount representing interest 782 9 Present value of minimum lease payments 7,250 57 Less: Current portion 2,527 9 Long-term portion $ 4,723 $ 48 The following table sets forth the Company’s weighted-average remaining lease terms and discount rates as of March 31, 2020 : Weighted-average Remaining Lease Terms and Discount Rates Weighted-average remaining lease terms (years): Operating leases 4.27 Finance leases 5.50 Weighted-average discount rates: Operating leases 4.41 % Finance leases 3.06 %
Leases	Leases The Company has operating leases for its operating facilities, data center storage facilities and certain data storage equipment in the U.S. and Germany, and finance leases for certain data centers, printers and other furniture in its German offices. The Company's lease terms include options to extend or terminate the lease and the Company includes these options in the lease term when it is reasonably certain to exercise that option. The following table sets forth the Company’s lease costs for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Lease costs: Operating lease cost (1) $ 723 $ 725 Finance lease cost: Depreciation expense $ 5 $ 2 Interest on lease liabilities 1 2 Total finance lease cost $ 6 $ 4 (1) Short-term lease costs were immaterial. The following table sets forth the supplemental cash flow information for the Company’s leases for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 683 $ 738 Operating cash flows for finance leases $ 1 $ 2 Financing cash flows for finance leases $ 5 $ 41 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 794 $ 4,070 The following table sets forth the Company’s aggregate future lease payments for operating and finance leases as of March 31, 2020 : (in thousands) Years Ending December 31, Operating Leases Finance Leases Remaining in 2020 $ 2,167 $ 9 2021 2,459 12 2022 1,109 12 2023 585 12 2024 549 12 Thereafter 1,163 9 Total minimum lease payments 8,032 66 Less: Amount representing interest 782 9 Present value of minimum lease payments 7,250 57 Less: Current portion 2,527 9 Long-term portion $ 4,723 $ 48 The following table sets forth the Company’s weighted-average remaining lease terms and discount rates as of March 31, 2020 : Weighted-average Remaining Lease Terms and Discount Rates Weighted-average remaining lease terms (years): Operating leases 4.27 Finance leases 5.50 Weighted-average discount rates: Operating leases 4.41 % Finance leases 3.06 %

Intangible Assets, Net

Intangible Assets, Net	3 Months Ended
	Mar. 31, 2020
Intangible Assets [Abstract]
Intangible Assets, Net	Intangible Assets, Net The following table sets forth the composition of the Company’s intangible assets, net as of March 31, 2020 and December 31, 2019 : March 31, 2020 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Trademarks and domain names $ 35,381 $ (18,266 ) $ 17,115 Customer relationships 15,183 (10,621 ) 4,562 Software 19,537 (14,269 ) 5,268 Total intangible assets, net $ 70,101 $ (43,156 ) $ 26,945 December 31, 2019 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Trademarks and domain names $ 35,602 $ (17,423 ) $ 18,179 Customer relationships 15,248 (10,081 ) 5,167 Software 19,561 (13,602 ) 5,959 Total intangible assets, net $ 70,411 $ (41,106 ) $ 29,305 Amortization expense was $2.2 million and $2.6 million for the three months ended March 31, 2020 and 2019 , respectively. The following table sets forth the Company’s annual future amortization expense on intangible assets for the next five years and thereafter as of March 31, 2020 : (in thousands) Amortization Years Ending December 31, Expense Remaining in 2020 $ 6,349 2021 7,058 2022 4,120 2023 2,723 2024 2,160 Thereafter 4,535 Total amortization expense $ 26,945

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2020
Goodwill [Abstract]
Goodwill	Goodwill The following table sets forth the change in the carrying amount of the Company’s goodwill for the three months ended March 31, 2020 : (in thousands) Goodwill Balance as of January 1, 2020 $ 156,687 Foreign currency translation adjustment (994 ) Balance as of March 31, 2020 $ 155,693

Accrued Liabilities

Accrued Liabilities	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities The following table sets forth the composition of the Company’s accrued liabilities as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Accrued broadcaster fees, net of breakage $ 5,994 $ 5,350 Accrued professional fees 2,551 1,889 Accrued employee-related costs 2,710 4,803 Accrued service providers 337 940 Accrued advertising 1,472 2,315 Accrued current tax payable 717 1,209 Accrued value-added, sales, use and other taxes 1,691 1,472 Contingent consideration 917 — Other accrued expenses 2,526 2,112 Total accrued liabilities $ 18,915 $ 20,090

Debt

Debt	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Debt	Debt The following table sets forth the composition of the Company’s debt as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Term loan facility $ 33,250 $ 34,125 Less: Debt discount, net (174 ) (192 ) Less: Debt issuance costs, net (53 ) (58 ) Net carrying amount 33,023 33,875 Less: Current portion 3,500 3,500 Long-term debt, net $ 29,523 $ 30,375 Credit Facilities For the three months ended March 31, 2020 , the weighted-average interest rate on the Company’s term loan facility amounted to 3.69% , and the unused commitment fee on the Company’s revolving credit facility was 0.25% per annum. There were no outstanding borrowings under the Company’s revolving credit facility as of March 31, 2020 . The Company was in compliance with its debt covenants as of March 31, 2020 . Scheduled Principal Payments The following table sets forth the Company’s minimum future principal payments under the credit facilities as of March 31, 2020 : (in thousands) Minimum Years Ending December 31, Principal Payments Remaining in 2020 $ 2,625 2021 3,500 2022 27,125 Total minimum principal payments $ 33,250

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Cloud Data Storage The Company stores a portion of its user and business data using Amazon Web Services in the U.S. with a minimum commitment agreement that expires in 2021, and a majority of its user and business data in the Google Cloud Platform in Germany under a non-cancelable minimum commitment agreement that expires in 2023. The following table sets forth the minimum future commitment payments under cloud data storage contracts as of March 31, 2020 : Minimum Commitment Payments (in thousands) Years Ending December 31, Remaining in 2020 $ 3,814 2021 6,862 2022 1,023 2023 1,125 Total minimum commitment payments $ 12,824 Litigation From time to time, the Company is party to certain legal proceedings that arise in the ordinary course of, and are incidental to, its business. The Company operates its business online, which is subject to extensive regulation by U.S. federal and state and foreign governments. Future events or circumstances, currently unknown to management, will determine whether the resolution of pending or threatened litigation or claims will ultimately have a material effect on the Company’s consolidated financial position, liquidity or results of operations in any future reporting periods.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Tax Benefits Preservation Plan In connection with the execution of the Merger Agreement, the Company entered into an amendment to its Tax Benefits Preservation Plan to render it inapplicable to the Merger Agreement, the execution thereof and the performance or consummation of the transactions contemplated thereby, including, without limitation, the Merger. Stock-based Compensation Expense The following table sets forth the allocation of stock-based compensation expense in the consolidated statements of operations and comprehensive (loss) income for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Sales and marketing $ 124 $ 70 Product development and content 1,928 1,500 General and administrative 1,133 855 Total stock-based compensation expense $ 3,185 $ 2,425 As of March 31, 2020 , there was $0.1 million , $14.0 million and $3.0 million of total unrecognized stock-based compensation expense, which is expected to be recognized over a weighted-average vesting period of 0.3 years , 1.4 years and 1.9 years for the Company’s stock options, restricted stock awards (“RSAs”) and performance share units (“PSUs”), respectively. Stock Options Stock-based compensation expense for stock options was estimated on the date of grant and amortized on a straight-line basis over the requisite service period based on their fair value. The fair value of stock options was estimated on the grant date using the Black-Scholes option pricing model, based on weighted-average assumptions. Stock options generally vest over a three-year period with 33% vesting at the end of year one and the remaining vesting annually thereafter. The Company has not awarded any stock options since November 2017. The following table sets forth the Company’s stock options activity for the three months ended March 31, 2020 : Number of Stock Options Weighted- average Exercise Price Weighted- average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in thousands, except share and per share data) Stock Options Outstanding as of January 1, 2020 3,680,146 $ 3.60 Exercised (162,841 ) 3.47 Forfeited or expired (85,000 ) 3.65 Outstanding as of March 31, 2020 3,432,305 $ 3.61 4.8 $ 7,791 Exercisable as of March 31, 2020 3,333,817 $ 3.60 4.7 $ 7,607 The total intrinsic values of stock options exercised during the three months ended March 31, 2020 and 2019 were $0.4 million and $0.2 million , respectively. The Company recorded stock-based compensation expense related to its stock options of $0.2 million and $0.4 million and for the three months ended March 31, 2020 and 2019 , respectively. Restricted Stock Awards Stock-based compensation expense for RSAs is recognized on a straight-line basis over the requisite service period. RSAs generally vest over a three -year period with 33% vesting at the end of year one and the remaining vesting annually thereafter. The following table sets forth the Company’s RSA activity for the three months ended March 31, 2020 : Number of Restricted Stock Weighted-average Restricted Stock Awards Awards Stock Price Outstanding as of January 1, 2020 4,036,398 $ 4.85 Granted 620,277 5.51 Vested (295,389 ) 5.18 Forfeited or expired (112,723 ) 5.57 Outstanding as of March 31, 2020 4,248,563 $ 4.90 Shares are forfeited if not vested within three years from the date of grant. The Company recorded stock-based compensation expense related to its RSAs of $2.5 million and $1.9 million for the three months ended March 31, 2020 and 2019 , respectively. Performance Share Units The Company began granting PSUs to certain employees in April 2018. PSUs are based on a relative total shareholder return (“TSR”) metric over a performance period spanning three years from the grant date of the PSU. PSUs will vest at the end of the performance period and will be paid immediately in shares of common stock. Stock-based compensation expense for PSUs is estimated on the date of grant and amortized on a straight-line basis over the performance period. PSUs are forfeited if the participant is no longer employed on the third anniversary of the grant date, except in the event of an involuntary termination, death, disability or change in control. PSU share payouts range from a threshold of 33% to a maximum of 170% based on the relative ranking of the Company’s TSR as compared to the TSR of the companies in the Russell 2000 peer group. The PSU award stipulates certain limitations to the payout in the event the payout reaches a defined ceiling level or the Company’s TSR is negative. The following table sets forth the Company’s PSU activity for the three months ended March 31, 2020 : Number of Performance Share Weighted-average Performance Share Units Units Stock Price Outstanding as of January 1, 2020 1,086,100 $ 4.34 Granted 60,000 6.61 Outstanding as of March 31, 2020 1,146,100 $ 4.46 The Company recorded stock-based compensation expense related to its PSUs of $0.4 million and $0.2 million for the three months ended March 31, 2020 and 2019 , respectively.

Derivatives and Hedging Activit

Derivatives and Hedging Activities	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	Derivatives and Hedging Activities Risk Management Objective of Using Derivatives The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity and credit risk primarily by managing the amount, sources and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s borrowings. Certain of the Company’s foreign operations expose it to fluctuations of foreign exchange rates. These fluctuations may impact the value of the Company’s cash receipts and payments in terms of its functional currency. The Company enters into derivative financial instruments to protect the value or fix the amount of certain liabilities in terms of its functional currency, the U.S. dollar. Interest Rate Risk Management The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps and caps as part of its interest rate risk management strategy. Interest rate swaps involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Interest rate caps involve the receipt of variable amounts from a counterparty if interest rates rise above the strike rate on the contract in exchange for an up-front premium. During 2020 and 2019 , such derivatives were used to hedge the variable cash flows associated with the Company’s existing variable-rate debt. Prior to March 5, 2020, the Company’s interest rate derivatives were designated and qualified as cash flow hedges of interest rate risk, where the gain or loss on the derivative was recorded in accumulated other comprehensive income or loss and subsequently reclassified into interest expense in the same period that the hedged transaction affected earnings. Gains and losses on the derivative that represented hedge components excluded from the assessment of effectiveness were recognized over the life of the hedge on a systematic and rational basis, as documented at hedge inception in accordance with the Company’s accounting policy election. The earnings recognition of excluded components was presented in interest expense. Amounts reported in accumulated other comprehensive income or loss related to derivatives were reclassified to interest expense as interest payments were made on the Company’s variable-rate debt. On March 5, 2020, given the potential for changes in the Company’s future expected interest payments that were hedged by these interest rate derivatives as a result of the Merger Agreement, such derivatives no longer qualified as cash flow hedges and were dedesignated as such. Following this dedesignation, all changes in the fair values of the Company’s interest rate derivatives are recognized as a component of interest expense in the consolidated statements of operations and comprehensive (loss) income. The cumulative remaining unrealized gains at the dedesignation date that were previously recognized in accumulated other comprehensive loss will be amortized to interest expense in the consolidated statements of operations and comprehensive (loss) income over the remaining contractual terms for the Company’s interest rate derivatives. The following table sets forth the Company’s outstanding interest rate derivatives that were not designated as a hedging instrument of interest rate risk as of March 31, 2020 : (in thousands) Number of Instruments At Inception Notional As of March 31, 2020 Notional Weighted-average Interest Rate Derivatives Interest rate swaps 2 $57,185 $22,560 1.76 Interest rate cap 1 $15,000 $10,690 0.47 Foreign Exchange Risk Management The Company is exposed to fluctuations in various foreign currencies against its functional currency, the U.S. dollar. The Company uses foreign currency derivatives including cross-currency swaps to manage its exposure to fluctuations in the U.S. dollar to euro exchange rate. Cross-currency swaps involve exchanging fixed-rate interest payments for fixed-rate interest receipts, both of which will occur at the U.S. dollar to euro forward exchange rates in effect upon entering into the instrument. The Company designates these derivatives as cash flow hedges of foreign exchange risks. For derivatives that are designated and that qualify as cash flow hedges of foreign exchange risk, the gain or loss on the derivative is recorded in other comprehensive income (loss) and subsequently reclassified in the period that the hedged transaction affects earnings within the same income statement line item as the earnings effect of the hedged transaction. During the next 12 months, the Company estimates that an additional $0.6 million will be reclassified as a decrease to interest expense. The following table sets forth the Company’s outstanding foreign currency derivatives that were designated as cash flow hedges of foreign exchange risk as of March 31, 2020 : (in thousands) Number of Instruments At Inception Notional As of March 31, 2020 Notional Weighted-average Foreign Currency Derivative Cross-currency swap 1 €35,963 $39,750 2.41 (amortizing to €35,058 as of March 31, 2020) (amortizing to $38,750 as of March 31, 2020) The following table sets forth the effect of the Company’s cash flow hedge accounting on its other comprehensive loss for the three months ended March 31, 2020 and 2019 : (in thousands) Location of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss Three Months Ended March 31, 2020 2019 Interest expense $ 14 $ (53 ) Interest expense on foreign currency transactions (122 ) (203 ) Foreign currency transactions (763 ) (866 ) Total gain reclassified $ (871 ) $ (1,122 ) (in thousands) Amount of (Loss) Gain Recognized in Other Comprehensive Loss from Derivatives Derivatives in Cash Flow Hedging Relationships Three Months Ended March 31, 2020 2019 Interest rate products $ (583 ) $ (61 ) Cross-currency swap 1,859 1,275 Total unrealized gain $ 1,276 $ 1,214 The following table sets forth the effect of the Company’s derivative financial instruments on its consolidated statements of operations for the three months ended March 31, 2020 and 2019 : Interest Expense Three Months Ended March 31, (in thousands) 2020 2019 Total amounts of interest expense presented in the consolidated statements of operations $ (396 ) $ (403 ) Loss on derivatives not designated as a hedging instrument: Amount of loss related to changes in fair values of interest rate derivatives not designated as a hedging instrument $ (171 ) $ — Gain on cash flow hedging relationships: Amount of gain reclassified from accumulated other comprehensive loss into income or loss $ (125 ) $ (256 ) Amount of loss reclassified from accumulated other comprehensive loss into income or loss as a result of a forecasted transaction being no longer probable of occurring $ 17 $ — Foreign Currency Transactions Three Months Ended March 31, (in thousands) 2020 2019 Total amounts of loss on foreign currency transactions presented in the consolidated statements of operations $ (7 ) $ (65 ) Gain on cash flow hedging relationships: Amount of gain reclassified from accumulated other comprehensive loss into income or loss $ (763 ) $ (867 ) Fair Value of Derivative Financial Instruments The following table sets forth the fair value of the Company’s derivative financial instruments, as well as their classification on the consolidated balance sheets, as of March 31, 2020 and December 31, 2019 : Fair Value of Derivative Financial Instruments Asset Derivatives Liability Derivatives March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 (in thousands) Balance Sheet Location Fair Value Fair Value Fair Value Fair Value Derivatives not designated as hedging instruments: Interest rate products Accrued liabilities $ — $ — $ (288 ) $ — Interest rate products Long-term derivative liabilities — — (477 ) — Derivatives designated as hedging instruments: Interest rate products Prepaid expenses and other current assets / Accrued liabilities — 15 — (12 ) Interest rate products Long-term derivative liabilities — — — (9 ) Cross-currency swap Prepaid expenses and other current assets 655 568 — — Cross-currency swap Other assets / Long-term derivative liabilities 162 — — (1,442 ) Total derivative financial instruments $ 817 $ 583 $ (765 ) $ (1,463 ) The fair value of the Company’s derivative financial instruments is determined using widely-accepted valuation techniques, including a discounted cash flows analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The fair values of the interest rate swaps and the cross-currency swap are determined using the market-standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. The fair value of the interest rate cap is determined using the market-standard methodology of discounting the future expected cash receipts that would occur if variable interest rates rise above the strike rate of the cap. The variable interest rates used in the calculation of projected receipts on the cap are based on an expectation of future interest rates derived from observable market interest rate curves and volatilities. The Company incorporates credit valuation adjustments to appropriately reflect both its non-performance risk and the respective counterparty’s non-performance risk in the fair value measurements. In adjusting the fair value of the Company’s derivative contracts for the effect of non-performance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees. The Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. The Company has determined the impact of the credit valuation adjustments made to its derivative contracts, which determination was based on the fair value of each individual contract, was not significant to the overall valuation. As a result, all of the Company’s derivatives held as of March 31, 2020 and 2019 were classified as Level 2 within the fair value hierarchy. As of March 31, 2020 , the fair value of the Company’s derivatives was in a net liability position of $0.8 million for its contracts, which included accrued interest but excluded any adjustment for non-performance risk. As of March 31, 2020 , the Company had not posted any collateral related to these contracts. If the Company had breached any credit-risk related provisions as of March 31, 2020 , it could have been required to settle its obligations under the contracts at their termination value of $0.8 million .

Revenue

Revenue	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregation of Revenue The following table sets forth the Company’s revenue disaggregated by revenue source for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, 2020 2019 (in thousands) $ % $ % User pay revenue: Video $ 28,633 52.0 % $ 20,229 40.9 % Subscription and other in-app products 14,395 26.1 % 15,596 31.5 % Total user pay revenue 43,028 78.1 % 35,825 72.4 % Advertising revenue 12,038 21.9 % 13,688 27.6 % Total revenue $ 55,066 100.0 % $ 49,513 100.0 % Significant Customers During the three months ended March 31, 2020 and 2019 , three customers, all of which were advertising aggregators or payment processors representing thousands of advertisers, comprised 73% and 61% of total revenue, respectively. Contract Assets and Contract Liabilities The following table sets forth the composition of the Company’s contract assets and liabilities as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Assets: Accounts receivable $ 24,476 $ 25,503 Total contract assets $ 24,476 $ 25,503 Liabilities: Deferred revenue $ 3,563 $ 3,884 Total contract liabilities $ 3,563 $ 3,884 The Company’s deferred revenue balance for the three months ended March 31, 2020 increased by $42.5 million due to consideration received in advance of providing services to subscription and in-app purchases’ customers, including in-app purchases related to video. This amount was offset by $42.8 million of revenue recognized from deferred revenue due to performance obligations satisfied during the three months ended March 31, 2020 .

Net (Loss) Income per Share

Net (Loss) Income per Share	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Net (Loss) Income per Share	Net (Loss) Income per Share The following table sets forth the computation of the Company’s basic and diluted net (loss) income per share for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands, except share and per share data) 2020 2019 Numerator: Net (loss) income $ (2,408 ) $ 1,258 Denominator: Weighted-average shares outstanding — basic 71,001,906 74,848,080 Effect of dilutive securities — 3,951,168 Weighted-average shares outstanding — diluted 71,001,906 78,799,248 Basic net (loss) income per share $ (0.03 ) $ 0.02 Diluted net (loss) income per share $ (0.03 ) $ 0.02 Basic net (loss) income per share is computed by dividing net (loss) income by the weighted-average number of common shares outstanding. Diluted net (loss) income per share is computed by dividing net (loss) income by the weighted-average number of common shares and common stock equivalents outstanding, calculated using the treasury stock method for options, RSAs and unvested in-the-money PSUs using the average market price during the period. For the three months ended March 31, 2020 , all of the stock-based compensation awards were excluded from the calculation of net loss per share because their inclusion would have an anti-dilutive effect. For the three months ended March 31, 2019 , 1.1 million shares of the Company’s stock-based compensation awards that could potentially dilute basic net income per share in the future were excluded from the calculation of diluted net income per share as their effect would have been anti-dilutive.

Retirement Plan

Retirement Plan	3 Months Ended
	Mar. 31, 2020
Postemployment Benefits [Abstract]
Retirement Plan	Retirement Plan The Company maintains The Meet Group, Inc. 401(k) Retirement Plan (“401(k) Plan”), which is a savings and investment plan intended to be qualified under of the Internal Revenue Code. The 401(k) Plan covers the majority of the employees of the Company. In January 2014, the Company began providing employer-matching contributions to the 401(k) Plan based on a participant’s contribution. The Company’s employer-matching contributions expense totaled $0.2 million for each of the three months ended March 31, 2020 and 2019 . This expense is included in sales and marketing expenses, product development and content expenses and general and administrative expenses in the consolidated statements of operations and comprehensive (loss) income.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense was $0.4 million and $0.3 million for the three months ended March 31, 2020 and 2019 , respectively. For the three months ended March 31, 2020 , the Company’s effective tax rate (“ETR”) was (18.3)% , compared with an ETR of 16.8% for the three months ended March 31, 2019 . The increase in the Company’s income tax expense and ETR for the three months ended March 31, 2020 were primarily attributable to certain non-deductible transaction costs incurred in connection with the Merger Agreement, the geographic mix of earnings between the U.S. and Germany, which has a higher statutory tax rate, and a decrease in windfall tax benefits on stock-based compensation. These increases were partially offset by the discrete impact of certain deductible transaction costs incurred in connection with the Merger Agreement. As of each reporting date, management considers new evidence, both positive and negative, that could affect its view of the future realization of deferred tax assets, primarily U.S. federal and state net operating loss carryforwards (“NOLs”). As of March 31, 2020 and December 31, 2019 , the Company had a partial valuation allowance related to certain acquired state NOLs that it believes are more-likely-than-not to remain unutilized. During each of the three months ended March 31, 2020 and 2019 , the Company had no material changes in uncertain tax positions. The Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was signed into law on March 27, 2020. The CARES Act made significant changes to U.S. federal tax law, including a five-year carryback of NOLs for the 2018, 2019 and 2020 tax years, and a temporary increase in the limitation of interest deductibility for the 2019 and 2020 tax years. Due to the Company's historical NOLs and limited interest deductibility, the provisions of the CARES Act are not expected to have a material impact to its financial position, results of operations or cash flows.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The carrying amounts of the Company’s financial instruments of cash and certain cash equivalents, accounts receivable, accounts payable, accrued liabilities and deferred revenue approximate their fair values due to their short maturities. The Company has evaluated the estimated fair values of these financial instruments using available market information and management’s estimates. The use of different market assumptions and/or estimation methodologies could have a significant effect on the estimated fair value amounts. The outstanding balance of the Company’s term loan facility as of March 31, 2020 and December 31, 2019 approximates fair value due to its variable market interest rate and relative short maturity. Items measured at fair value on a recurring basis include the Company’s money market funds, derivative assets and liabilities and contingent consideration. During the periods presented, the Company has not changed the manner in which it values assets and liabilities that are measured at fair value using Level 3 inputs of the fair value hierarchy. The following table sets forth the fair value hierarchy information for each major category of the Company’s assets and liabilities measured at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 : (in thousands) Quoted Prices in Active Markets for Identical Items (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total March 31, 2020 Assets: Money market funds $ 12,090 $ — $ — $ 12,090 Derivative assets — 817 — 817 Total assets $ 12,090 $ 817 $ — $ 12,907 Liabilities: Contingent consideration $ — $ — $ (917 ) $ (917 ) Derivative liabilities — (765 ) — (765 ) Total liabilities $ — $ (765 ) $ (917 ) $ (1,682 ) December 31, 2019 Assets: Money market funds $ 7,108 $ — $ — $ 7,108 Derivative assets — 583 — 583 Total assets $ 7,108 $ 583 $ — $ 7,691 Liabilities: Contingent consideration $ — $ — $ (894 ) $ (894 ) Derivative liabilities — (1,463 ) — (1,463 ) Total liabilities $ — $ (1,463 ) $ (894 ) $ (2,357 ) Fair Value of Contingent Consideration The following table sets forth a summary of changes in the fair value of the Company’s contingent consideration liability for the acquisition of Initech, LLC as of March 31, 2020 : (in thousands) Contingent Consideration Balance as of December 31, 2019 $ 894 Accretion 23 Balance as of December 31, 2020 $ 917 The Company’s contingent consideration liability represents its contingent performance obligations related to the acquisition of Initech, LLC on March 5, 2019 and is measured at fair value using the income approach with assumed discount rates and payment probabilities. These assumptions are based on unobservable inputs in the market, which represents a Level 3 measurement within the fair value hierarchy. The Company assesses these estimates on an ongoing basis as additional data impacting the assumptions is obtained. The fair value of the Company’s contingent consideration liability is recognized on its consolidated balance sheets within accrued liabilities as of March 31, 2020 and within other liabilities as of December 31, 2019 and any changes therein are recognized within acquisition, restructuring and other expenses in the consolidated statements of operations and comprehensive (loss) income for the three months ended March 31, 2020 and 2019 .

Subsequent Events (Notes)

Subsequent Events (Notes)	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Subsequent Events]</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">[Placeholder.]</font></div></div>

Description of Business, Basi_2

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Unaudited Interim Financial Information	Basis of Presentation The Company’s consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). The consolidated financial statements include the accounts of all subsidiaries and affiliates in which the Company holds a controlling financial interest as of the date of the consolidated financial statements. The consolidated financial statements include the accounts of The Meet Group and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Unaudited Interim Financial Information The unaudited consolidated financial statements have been prepared by the Company and reflect all normal, recurring adjustments that, in the opinion of management, are necessary for a fair presentation of the interim financial information. The results of operations for the interim periods presented are not necessarily indicative of the results to be expected for any subsequent quarter or for the year ending December 31, 2020 . Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted under the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). These unaudited consolidated financial statements and notes included herein should be read in conjunction with the audited consolidated financial statements and notes included therein in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 , which was filed with the SEC on March 12, 2020 .
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions are required in the determination of business combinations and contingent consideration arrangements, income taxes, the valuation of long-lived assets, including property and equipment, definite-lived intangible assets and goodwill and accounting for contingencies. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates. The Company’s estimates are often based on complex judgments, probabilities and assumptions that it believes are reasonable but are inherently uncertain and unpredictable. For any given individual estimate or assumption made by the Company, there may also be other estimates or assumptions that are reasonable. The Company regularly evaluates its estimates and assumptions using historical experience and other factors, including the economic environment. As future events and their effects cannot be determined with precision, the Company’s estimates and assumptions may prove to be incomplete or inaccurate, or unanticipated events and circumstances may occur that might cause it to change those estimates and assumptions. Market conditions, such as illiquid credit markets, volatile equity markets, dramatic fluctuations in foreign currency rates and economic downturn, can increase the uncertainty already inherent in its estimates and assumptions. The Company adjusts its estimates and assumptions when facts and circumstances indicate the need for change. Those changes generally will be reflected in the Company’s consolidated financial statements on a prospective basis unless they are required to be treated retrospectively under the relevant accounting standard. It is possible that other professionals, applying reasonable judgment to the same facts and circumstances, could develop and support a range of alternative estimated amounts. The Company is also subject to other risks and uncertainties that may cause actual results to differ from estimated amounts, such as changes in competition, litigation, legislation and regulations.
Recently-issued Accounting Standards	Recently-issued Accounting Standards Recently-adopted Accounting Standards In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU No. 2016-13”), which requires the measurement and recognition of expected credit losses for certain financial assets, including trade accounts receivable. ASU No. 2016-13 replaces the existing incurred loss impairment model with an expected loss model that requires the use of relevant information, including an entity’s historical experience, current conditions and other reasonable and supportable forecasts that affect collectability over the life of a financial asset. The amendments in ASU No. 2016-13 are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption was permitted. The Company adopted ASU No. 2016-13 on January 1, 2020, which resulted in an increase of $0.2 million to its allowance for credit losses that was recognized as a cumulative effect adjustment to its accumulated deficit under a modified retrospective transition method. The new standard did not materially impact the Company’s results of operations or cash flows. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement (“ASU No. 2018-13”). This standard removes, modifies and makes certain additions to the disclosure requirements for fair value measurement. The amendments in ASU No. 2018-13 are effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption was permitted. The Company adopted ASU No. 2018-13 on January 1, 2020, and it did not have a material impact to its consolidated financial statement disclosures. Accounting Standards Issued and Not Yet Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU No. 2019-12”). This standard simplifies the accounting for income taxes by removing certain exceptions to the general principles in Accounting Standards Codification Topic 740, Income Taxes , and clarifies and amends certain existing guidance. The amendments in ASU No. 2019-12 are effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this new standard will have on its financial position, results of operations and cash flows.

Credit Risk and Allowance for_2

Credit Risk and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Schedule of Accounts Receivable	The following table sets forth the composition of accounts receivable, net as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Accounts receivable $ 24,476 $ 25,503 Less: Allowance for credit losses (510 ) (269 ) Accounts receivable, net $ 23,966 $ 25,234
Schedule of Allowance for Credit Losses	The following table sets forth a summary of the changes in the Company’s allowance for credit losses related to accounts receivable for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Balance as of January 1 $ 428 $ 384 Provision for expected credit losses 82 325 Balance as of March 31 $ 510 $ 709

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Prepaid Expense and Other Current Assets	The following table sets forth the composition of prepaid expenses and other current assets as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Value-added tax and income tax receivables $ 1,786 $ 1,312 Fair value of derivative assets 655 583 Prepaid insurance 402 659 Prepaid support contracts 555 443 Prepaid service providers 1,606 1,765 Prepaid advertising 404 680 Other prepaid expenses and other current assets 412 620 Total prepaid expenses and other current assets $ 5,820 $ 6,062

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	The following table sets forth the composition of the Company’s property and equipment, net as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Servers, computer equipment and software $ 14,930 $ 14,901 Office furniture and equipment 879 863 Leasehold improvements 677 671 Total property and equipment 16,486 16,435 Less: Accumulated depreciation (13,439 ) (12,810 ) Total property and equipment, net $ 3,047 $ 3,625

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Lease Cost and Other Lease Information	The following table sets forth the Company’s lease costs for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Lease costs: Operating lease cost (1) $ 723 $ 725 Finance lease cost: Depreciation expense $ 5 $ 2 Interest on lease liabilities 1 2 Total finance lease cost $ 6 $ 4 (1) Short-term lease costs were immaterial. The following table sets forth the supplemental cash flow information for the Company’s leases for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 683 $ 738 Operating cash flows for finance leases $ 1 $ 2 Financing cash flows for finance leases $ 5 $ 41 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 794 $ 4,070 The following table sets forth the Company’s weighted-average remaining lease terms and discount rates as of March 31, 2020 : Weighted-average Remaining Lease Terms and Discount Rates Weighted-average remaining lease terms (years): Operating leases 4.27 Finance leases 5.50 Weighted-average discount rates: Operating leases 4.41 % Finance leases 3.06 %
Operating Lease Liability, Maturity	The following table sets forth the Company’s aggregate future lease payments for operating and finance leases as of March 31, 2020 : (in thousands) Years Ending December 31, Operating Leases Finance Leases Remaining in 2020 $ 2,167 $ 9 2021 2,459 12 2022 1,109 12 2023 585 12 2024 549 12 Thereafter 1,163 9 Total minimum lease payments 8,032 66 Less: Amount representing interest 782 9 Present value of minimum lease payments 7,250 57 Less: Current portion 2,527 9 Long-term portion $ 4,723 $ 48
Finance Lease Liability, Maturity	The following table sets forth the Company’s aggregate future lease payments for operating and finance leases as of March 31, 2020 : (in thousands) Years Ending December 31, Operating Leases Finance Leases Remaining in 2020 $ 2,167 $ 9 2021 2,459 12 2022 1,109 12 2023 585 12 2024 549 12 Thereafter 1,163 9 Total minimum lease payments 8,032 66 Less: Amount representing interest 782 9 Present value of minimum lease payments 7,250 57 Less: Current portion 2,527 9 Long-term portion $ 4,723 $ 48

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2020
Intangible Assets [Abstract]
Schedule of Intangible Assets	The following table sets forth the composition of the Company’s intangible assets, net as of March 31, 2020 and December 31, 2019 : March 31, 2020 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Trademarks and domain names $ 35,381 $ (18,266 ) $ 17,115 Customer relationships 15,183 (10,621 ) 4,562 Software 19,537 (14,269 ) 5,268 Total intangible assets, net $ 70,101 $ (43,156 ) $ 26,945 December 31, 2019 (in thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Trademarks and domain names $ 35,602 $ (17,423 ) $ 18,179 Customer relationships 15,248 (10,081 ) 5,167 Software 19,561 (13,602 ) 5,959 Total intangible assets, net $ 70,411 $ (41,106 ) $ 29,305
Schedule of Annual Future Amortization of Intangible Assets	The following table sets forth the Company’s annual future amortization expense on intangible assets for the next five years and thereafter as of March 31, 2020 : (in thousands) Amortization Years Ending December 31, Expense Remaining in 2020 $ 6,349 2021 7,058 2022 4,120 2023 2,723 2024 2,160 Thereafter 4,535 Total amortization expense $ 26,945

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill [Abstract]
Schedule of Goodwill	The following table sets forth the change in the carrying amount of the Company’s goodwill for the three months ended March 31, 2020 : (in thousands) Goodwill Balance as of January 1, 2020 $ 156,687 Foreign currency translation adjustment (994 ) Balance as of March 31, 2020 $ 155,693

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	3 Months Ended
	Mar. 31, 2020
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	The following table sets forth the composition of the Company’s accrued liabilities as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Accrued broadcaster fees, net of breakage $ 5,994 $ 5,350 Accrued professional fees 2,551 1,889 Accrued employee-related costs 2,710 4,803 Accrued service providers 337 940 Accrued advertising 1,472 2,315 Accrued current tax payable 717 1,209 Accrued value-added, sales, use and other taxes 1,691 1,472 Contingent consideration 917 — Other accrued expenses 2,526 2,112 Total accrued liabilities $ 18,915 $ 20,090

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Term Loan Facility	The following table sets forth the composition of the Company’s debt as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Term loan facility $ 33,250 $ 34,125 Less: Debt discount, net (174 ) (192 ) Less: Debt issuance costs, net (53 ) (58 ) Net carrying amount 33,023 33,875 Less: Current portion 3,500 3,500 Long-term debt, net $ 29,523 $ 30,375
Minimum Future Principal Payments	The following table sets forth the Company’s minimum future principal payments under the credit facilities as of March 31, 2020 : (in thousands) Minimum Years Ending December 31, Principal Payments Remaining in 2020 $ 2,625 2021 3,500 2022 27,125 Total minimum principal payments $ 33,250

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of Minimum Future Commitment Payments	The following table sets forth the minimum future commitment payments under cloud data storage contracts as of March 31, 2020 : Minimum Commitment Payments (in thousands) Years Ending December 31, Remaining in 2020 $ 3,814 2021 6,862 2022 1,023 2023 1,125 Total minimum commitment payments $ 12,824

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Allocated Stock-based Compensation Expense	The following table sets forth the allocation of stock-based compensation expense in the consolidated statements of operations and comprehensive (loss) income for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands) 2020 2019 Sales and marketing $ 124 $ 70 Product development and content 1,928 1,500 General and administrative 1,133 855 Total stock-based compensation expense $ 3,185 $ 2,425
Stock Option Activity	The following table sets forth the Company’s stock options activity for the three months ended March 31, 2020 : Number of Stock Options Weighted- average Exercise Price Weighted- average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in thousands, except share and per share data) Stock Options Outstanding as of January 1, 2020 3,680,146 $ 3.60 Exercised (162,841 ) 3.47 Forfeited or expired (85,000 ) 3.65 Outstanding as of March 31, 2020 3,432,305 $ 3.61 4.8 $ 7,791 Exercisable as of March 31, 2020 3,333,817 $ 3.60 4.7 $ 7,607
RSA Activity	The following table sets forth the Company’s RSA activity for the three months ended March 31, 2020 : Number of Restricted Stock Weighted-average Restricted Stock Awards Awards Stock Price Outstanding as of January 1, 2020 4,036,398 $ 4.85 Granted 620,277 5.51 Vested (295,389 ) 5.18 Forfeited or expired (112,723 ) 5.57 Outstanding as of March 31, 2020 4,248,563 $ 4.90
PSU Activity	The following table sets forth the Company’s PSU activity for the three months ended March 31, 2020 : Number of Performance Share Weighted-average Performance Share Units Units Stock Price Outstanding as of January 1, 2020 1,086,100 $ 4.34 Granted 60,000 6.61 Outstanding as of March 31, 2020 1,146,100 $ 4.46

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding Derivatives	The following table sets forth the Company’s outstanding foreign currency derivatives that were designated as cash flow hedges of foreign exchange risk as of March 31, 2020 : (in thousands) Number of Instruments At Inception Notional As of March 31, 2020 Notional Weighted-average Foreign Currency Derivative Cross-currency swap 1 €35,963 $39,750 2.41 (amortizing to €35,058 as of March 31, 2020) (amortizing to $38,750 as of March 31, 2020) The following table sets forth the Company’s outstanding interest rate derivatives that were not designated as a hedging instrument of interest rate risk as of March 31, 2020 : (in thousands) Number of Instruments At Inception Notional As of March 31, 2020 Notional Weighted-average Interest Rate Derivatives Interest rate swaps 2 $57,185 $22,560 1.76 Interest rate cap 1 $15,000 $10,690 0.47
Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income	The following table sets forth the effect of the Company’s cash flow hedge accounting on its other comprehensive loss for the three months ended March 31, 2020 and 2019 : (in thousands) Location of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss Three Months Ended March 31, 2020 2019 Interest expense $ 14 $ (53 ) Interest expense on foreign currency transactions (122 ) (203 ) Foreign currency transactions (763 ) (866 ) Total gain reclassified $ (871 ) $ (1,122 ) (in thousands) Amount of (Loss) Gain Recognized in Other Comprehensive Loss from Derivatives Derivatives in Cash Flow Hedging Relationships Three Months Ended March 31, 2020 2019 Interest rate products $ (583 ) $ (61 ) Cross-currency swap 1,859 1,275 Total unrealized gain $ 1,276 $ 1,214
Effect of Derivatives on Income Statement	The following table sets forth the effect of the Company’s derivative financial instruments on its consolidated statements of operations for the three months ended March 31, 2020 and 2019 : Interest Expense Three Months Ended March 31, (in thousands) 2020 2019 Total amounts of interest expense presented in the consolidated statements of operations $ (396 ) $ (403 ) Loss on derivatives not designated as a hedging instrument: Amount of loss related to changes in fair values of interest rate derivatives not designated as a hedging instrument $ (171 ) $ — Gain on cash flow hedging relationships: Amount of gain reclassified from accumulated other comprehensive loss into income or loss $ (125 ) $ (256 ) Amount of loss reclassified from accumulated other comprehensive loss into income or loss as a result of a forecasted transaction being no longer probable of occurring $ 17 $ — Foreign Currency Transactions Three Months Ended March 31, (in thousands) 2020 2019 Total amounts of loss on foreign currency transactions presented in the consolidated statements of operations $ (7 ) $ (65 ) Gain on cash flow hedging relationships: Amount of gain reclassified from accumulated other comprehensive loss into income or loss $ (763 ) $ (867 )
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following table sets forth the fair value of the Company’s derivative financial instruments, as well as their classification on the consolidated balance sheets, as of March 31, 2020 and December 31, 2019 : Fair Value of Derivative Financial Instruments Asset Derivatives Liability Derivatives March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 (in thousands) Balance Sheet Location Fair Value Fair Value Fair Value Fair Value Derivatives not designated as hedging instruments: Interest rate products Accrued liabilities $ — $ — $ (288 ) $ — Interest rate products Long-term derivative liabilities — — (477 ) — Derivatives designated as hedging instruments: Interest rate products Prepaid expenses and other current assets / Accrued liabilities — 15 — (12 ) Interest rate products Long-term derivative liabilities — — — (9 ) Cross-currency swap Prepaid expenses and other current assets 655 568 — — Cross-currency swap Other assets / Long-term derivative liabilities 162 — — (1,442 ) Total derivative financial instruments $ 817 $ 583 $ (765 ) $ (1,463 )

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table sets forth the Company’s revenue disaggregated by revenue source for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, 2020 2019 (in thousands) $ % $ % User pay revenue: Video $ 28,633 52.0 % $ 20,229 40.9 % Subscription and other in-app products 14,395 26.1 % 15,596 31.5 % Total user pay revenue 43,028 78.1 % 35,825 72.4 % Advertising revenue 12,038 21.9 % 13,688 27.6 % Total revenue $ 55,066 100.0 % $ 49,513 100.0 %
Schedule of Contract Assets and Liabilities	The following table sets forth the composition of the Company’s contract assets and liabilities as of March 31, 2020 and December 31, 2019 : (in thousands) March 31, 2020 December 31, 2019 Assets: Accounts receivable $ 24,476 $ 25,503 Total contract assets $ 24,476 $ 25,503 Liabilities: Deferred revenue $ 3,563 $ 3,884 Total contract liabilities $ 3,563 $ 3,884

Net (Loss) Income per Share (Ta

Net (Loss) Income per Share (Tables)	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income per Share	The following table sets forth the computation of the Company’s basic and diluted net (loss) income per share for the three months ended March 31, 2020 and 2019 : Three Months Ended March 31, (in thousands, except share and per share data) 2020 2019 Numerator: Net (loss) income $ (2,408 ) $ 1,258 Denominator: Weighted-average shares outstanding — basic 71,001,906 74,848,080 Effect of dilutive securities — 3,951,168 Weighted-average shares outstanding — diluted 71,001,906 78,799,248 Basic net (loss) income per share $ (0.03 ) $ 0.02 Diluted net (loss) income per share $ (0.03 ) $ 0.02

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table sets forth the fair value hierarchy information for each major category of the Company’s assets and liabilities measured at fair value on a recurring basis as of March 31, 2020 and December 31, 2019 : (in thousands) Quoted Prices in Active Markets for Identical Items (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total March 31, 2020 Assets: Money market funds $ 12,090 $ — $ — $ 12,090 Derivative assets — 817 — 817 Total assets $ 12,090 $ 817 $ — $ 12,907 Liabilities: Contingent consideration $ — $ — $ (917 ) $ (917 ) Derivative liabilities — (765 ) — (765 ) Total liabilities $ — $ (765 ) $ (917 ) $ (1,682 ) December 31, 2019 Assets: Money market funds $ 7,108 $ — $ — $ 7,108 Derivative assets — 583 — 583 Total assets $ 7,108 $ 583 $ — $ 7,691 Liabilities: Contingent consideration $ — $ — $ (894 ) $ (894 ) Derivative liabilities — (1,463 ) — (1,463 ) Total liabilities $ — $ (1,463 ) $ (894 ) $ (2,357 )
Summary of Changes in Fair Value of Contingent Consideration Liability	The following table sets forth a summary of changes in the fair value of the Company’s contingent consideration liability for the acquisition of Initech, LLC as of March 31, 2020 : (in thousands) Contingent Consideration Balance as of December 31, 2019 $ 894 Accretion 23 Balance as of December 31, 2020 $ 917

Description of Business, Basi_3

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Jan. 01, 2020
Business Acquisition, Contingent Consideration [Line Items]
Acquisition, restructuring and other expenses related to the Merger Agreement	$ 3,100
Cumulative effect of new accounting principle in period of adoption		$ (159)
ASU 2016-13
Business Acquisition, Contingent Consideration [Line Items]
Cumulative effect of new accounting principle in period of adoption		$ 200

Credit Risk and Allowance for_3

Credit Risk and Allowance for Credit Losses - Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Cash exceeded depository insurance limits	$ 25.4	$ 19.7

Credit Risk and Allowance for_4

Credit Risk and Allowance for Credit Losses - Accounts Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Accounts receivable	$ 24,476	$ 25,503
Less: Allowance for credit losses	(510)	(269)
Accounts receivable, net	$ 23,966	$ 25,234

Credit Risk and Allowance for_5

Credit Risk and Allowance for Credit Losses - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
January 1	$ 428	$ 384
Provision for expected credit losses	82	325
March 31	$ 428	$ 384	$ 510	$ 709

Credit Risk and Allowance for_6

Credit Risk and Allowance for Credit Losses - Concentration of Credit Risk (Details)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Accounts Receivable | Three Customers | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	63.00%	42.00%

Prepaid Expenses and Other Cu_3

Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Value-added tax and income tax receivables	$ 1,786	$ 1,312
Fair value of derivative assets	655	583
Prepaid insurance	402	659
Prepaid support contracts	555	443
Prepaid service providers	1,606	1,765
Prepaid advertising	404	680
Other prepaid expenses and other current assets	412	620
Total prepaid expenses and other current assets	$ 5,820	$ 6,062

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property and Equipment, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 16,486	$ 16,435
Less: Accumulated depreciation	(13,439)	(12,810)
Total property and equipment, net	3,047	3,625
Servers, computer equipment and software
Property, Plant and Equipment [Line Items]
Total property and equipment	14,930	14,901
Office furniture and equipment
Property, Plant and Equipment [Line Items]
Total property and equipment	879	863
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 677	$ 671

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property and equipment depreciation expense	$ 0.6	$ 0.6

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Lease costs:
Operating lease cost	$ 723	$ 725
Finance lease cost:
Depreciation expense	5	2
Interest on lease liabilities	1	2
Total finance lease cost	$ 6	$ 4

Leases - Cash Flow Information

Leases - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$ 683	$ 738
Operating cash flows for finance leases	1	2
Financing cash flows for finance leases	5	41
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$ 794	$ 4,070

Leases - Future Lease Payments

Leases - Future Lease Payments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Operating Leases
Remaining in 2020	$ 2,167
2021	2,459
2022	1,109
2023	585
2024	549
Thereafter	1,163
Total minimum lease payments	8,032
Less: Amount representing interest	782
Present value of minimum lease payments	7,250
Less: Current portion	2,527	$ 2,081
Long-term portion	4,723	5,024
Finance Leases
Remaining in 2020	9
2021	12
2022	12
2023	12
2024	12
Thereafter	9
Total minimum lease payments	66
Less: Amount representing interest	9
Present value of minimum lease payments	57
Less: Current portion	9	10
Long-term portion	$ 48	$ 53

Leases - Lease Terms (Details)

Leases - Lease Terms (Details)	Mar. 31, 2020
Weighted average remaining lease term (years)
Operating leases	4 years 3 months 7 days
Finance leases	5 years 6 months
Weighted-average discount rates:
Operating leases	4.41%
Finance leases	3.06%

Intangible Assets, Net - Schedu

Intangible Assets, Net - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 70,101	$ 70,411
Accumulated Amortization	(43,156)	(41,106)
Net Carrying Amount	26,945	29,305
Trademarks and domain names
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	35,381	35,602
Accumulated Amortization	(18,266)	(17,423)
Net Carrying Amount	17,115	18,179
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	15,183	15,248
Accumulated Amortization	(10,621)	(10,081)
Net Carrying Amount	4,562	5,167
Software
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	19,537	19,561
Accumulated Amortization	(14,269)	(13,602)
Net Carrying Amount	$ 5,268	$ 5,959

Intangible Assets, Net - Additi

Intangible Assets, Net - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Intangible Assets [Abstract]
Amortization expense	$ 2.2	$ 2.6

Intangible Assets, Net - Annual

Intangible Assets, Net - Annual Future Amortization Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remaining in 2020	$ 6,349
2021	7,058
2022	4,120
2023	2,723
2024	2,160
Thereafter	4,535
Net Carrying Amount	$ 26,945	$ 29,305

Goodwill (Details)

Goodwill (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Goodwill [Roll Forward]
Balance at beginning of period	$ 156,687
Foreign currency translation adjustment	(994)
Balance at end of period	$ 155,693

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Accrued broadcaster fees, net of breakage	$ 5,994	$ 5,350
Accrued professional fees	2,551	1,889
Accrued employee-related costs	2,710	4,803
Accrued service providers	337	940
Accrued advertising	1,472	2,315
Accrued current tax payable	717	1,209
Accrued value-added, sales, use and other taxes	1,691	1,472
Contingent consideration	917	0
Other accrued expenses	2,526	2,112
Total accrued liabilities	$ 18,915	$ 20,090

Debt - Schedule of Term Loan Fa

Debt - Schedule of Term Loan Facility (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Term loan facility	$ 33,250
Less: Debt discount, net	(174)	$ (192)
Less: Debt issuance costs, net	(53)	(58)
Net carrying amount	33,023	33,875
Less: Current portion	3,500	3,500
Long-term debt, net	29,523	30,375
Term loan facility
Debt Instrument [Line Items]
Term loan facility	$ 33,250	$ 34,125

Debt - Additional Information (

Debt - Additional Information (Details)	3 Months Ended
	Mar. 31, 2020USD ($)
The New Term Loan Facility
Debt Instrument [Line Items]
Weighted average interest rate	3.69%
The New Revolving Credit Facility
Debt Instrument [Line Items]
Unused commitment fee percentage	0.25%
Outstanding borrowing capacity	$ 0

Debt - Scheduled Principal Paym

Debt - Scheduled Principal Payments (Details) $ in Thousands	Mar. 31, 2020USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
Remaining in 2020	$ 2,625
2021	3,500
2022	27,125
Total minimum loan payments	$ 33,250

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Minimum Future Commitment Payments (Details) $ in Thousands	Mar. 31, 2020USD ($)
Commitment Payments
Remaining in 2020	$ 3,814
2021	6,862
2022	1,023
2023	1,125
Total minimum commitment payments	$ 12,824

Stockholders' Equity - Stock-ba

Stockholders' Equity - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 3,185	$ 2,425
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	124	70
Product development and content
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	1,928	1,500
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 1,133	$ 855

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Apr. 30, 2018	Mar. 31, 2020	Mar. 31, 2019
Stock-Based Compensation
Unrecognized compensation cost, stock options		$ 100
Stock-based compensation expense		3,185	$ 2,425
Restricted Stock Awards
Stock-Based Compensation
Unrecognized compensation cost, RSAs		$ 14,000
Unrecognized compensation cost, period of recognition		1 year 4 months 24 days
Vesting period		3 years
Stock-based compensation expense		$ 2,500	1,900
Expiration period		3 years
Restricted Stock Awards | Tranche 1
Stock-Based Compensation
Vesting percentage		33.00%
Restricted Stock Awards | Tranche 2
Stock-Based Compensation
Vesting percentage		33.00%
Restricted Stock Awards | Tranche 3
Stock-Based Compensation
Vesting percentage		33.00%
Performance Shares
Stock-Based Compensation
Unrecognized compensation cost, RSAs		$ 3,000
Unrecognized compensation cost, period of recognition		1 year 10 months 24 days
Vesting period	3 years
Stock-based compensation expense		$ 400	200
Performance Shares | Minimum
Stock-Based Compensation
Payout threshold range		33.00%
Performance Shares | Maximum
Stock-Based Compensation
Payout threshold range		170.00%
Stock options
Stock-Based Compensation
Unrecognized compensation cost, period of recognition		3 months 18 days
Vesting period		3 years
Intrinsic value of options exercised		$ 400	200
Stock-based compensation expense		$ 200	$ 400
Stock options | Tranche 1
Stock-Based Compensation
Vesting percentage		33.00%
Stock options | Tranche 2
Stock-Based Compensation
Vesting percentage		33.00%
Stock options | Tranche 3
Stock-Based Compensation
Vesting percentage		33.00%

Stockholders' Equity - Stock Op

Stockholders' Equity - Stock Option Activity (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)$ / sharesshares
Number of Stock Options
Outstanding (in shares) | shares	3,680,146
Exercised (in shares) | shares	(162,841)
Forfeited or expired (in shares) | shares	(85,000)
Outstanding (in shares) | shares	3,432,305
Exercisable (in shares) | shares	3,333,817
Weighted- average Exercise Price
Outstanding (in dollars per share) | $ / shares	$ 3.60
Exercised (in dollars per share) | $ / shares	3.47
Forfeited or expired (in dollars per share) | $ / shares	3.65
Outstanding (in dollars per share) | $ / shares	3.61
Exercisable, Weighted-Average Exercise Price (in dollars per share) | $ / shares	$ 3.60
Outstanding, Weighted-Average Remaining Contractual Life	4 years 9 months 18 days
Exercisable, Weighted-Average Remaining Contractual Life	4 years 8 months 12 days
Outstanding, Aggregate Intrinsic Value | $	$ 7,791
Exercisable, Aggregate Intrinsic Value | $	$ 7,607

Stockholders' Equity - RSA Acti

Stockholders' Equity - RSA Activity (Details) - Restricted Stock Awards	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Number of RSAs
Outstanding, beginning balance (in shares) | shares	4,036,398
Granted (in shares) | shares	620,277
Vested (in shares) | shares	(295,389)
Forfeited or expired (in shares) | shares	(112,723)
Outstanding, ending balance (in shares) | shares	4,248,563
Weighted-average Stock Price
Outstanding, Beginning Balance, Weighted-average Stock Price (in dollars per share) | $ / shares	$ 4.85
Granted, Weighted-average Stock Price (in dollars per share) | $ / shares	5.51
Vested, Weighted-average Stock Price (in dollars per share) | $ / shares	5.18
Forfeited or expired, Weighted-average Stock Price (in dollars per share) | $ / shares	5.57
Outstanding, Ending Balance, Weighted-average Stock Price (in dollars per share) | $ / shares	$ 4.90

Stockholders' Equity - PSU Awar

Stockholders' Equity - PSU Award Activity (Details) - Performance Shares	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Number of PSUs
Outstanding, beginning balance (in shares) | shares	1,086,100
Granted (in shares) | shares	60,000
Outstanding, ending balance (in shares) | shares	1,146,100
Weighted-average Stock Price
Outstanding, Beginning Balance, Weighted-average Stock Price (in dollars per share) | $ / shares	$ 4.34
Granted, Weighted-average Stock Price (in dollars per share) | $ / shares	6.61
Outstanding, Ending Balance, Weighted-average Stock Price (in dollars per share) | $ / shares	$ 4.46

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities - Outstanding Derivatives (Details)	3 Months Ended
	Mar. 31, 2020USD ($)derivative_instrument	Mar. 31, 2020EUR (€)derivative_instrument
Cross-currency swap
Derivative [Line Items]
Number of Instruments | derivative_instrument	1	1
Weighted-average Maturity Date (Years)	2 years 4 months 28 days
Cross-currency swap | Pay Fixed Notional
Derivative [Line Items]
Notional | €		€ 35,963,000
Remaining notional amount | €		€ 35,058,000
Cross-currency swap | Receive Fixed Notional
Derivative [Line Items]
Notional	$ 39,750,000
Remaining notional amount	$ 38,750,000
Interest rate swaps
Derivative [Line Items]
Number of Instruments | derivative_instrument	2	2
At Inception Notional	$ 57,185,000
Notional	$ 22,560,000
Weighted-average Maturity Date (Years)	1 year 9 months 3 days
Interest rate cap
Derivative [Line Items]
Number of Instruments | derivative_instrument	1	1
At Inception Notional	$ 15,000,000
Notional	$ 10,690,000
Weighted-average Maturity Date (Years)	14 days

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities - Additional Information (Details) $ in Millions	Mar. 31, 2020USD ($)
Derivative [Line Items]
Derivatives in a net liability position	$ 0.8
Termination value of agreement	0.8
Cross-currency swap
Derivative [Line Items]
Gain (loss) to be reclassified to interest expense in next fiscal year	$ 0.6

Derivatives and Hedging Activ_5

Derivatives and Hedging Activities - Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss	$ 597	$ 776
Amount of (Loss) Gain Recognized in Other Comprehensive Loss from Derivatives	822	828
Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss	(125)	(256)
Gain on foreign currency transactions
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss	(763)	(867)
Cash flow hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss	(871)	(1,122)
Amount of (Loss) Gain Recognized in Other Comprehensive Loss from Derivatives	1,276	1,214
Cash flow hedging | Gain on foreign currency transactions
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss	(763)	(866)
Interest rate products | Cash flow hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Other Comprehensive Loss from Derivatives	(583)	(61)
Interest rate products | Cash flow hedging | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss	14	(53)
Cross-currency swap | Cash flow hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Loss) Gain Recognized in Other Comprehensive Loss from Derivatives	1,859	1,275
Cross-currency swap | Cash flow hedging | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss (Gain) Reclassified from Other Comprehensive Loss into Income or Loss	$ (122)	$ (203)

Derivatives and Hedging Activ_6

Derivatives and Hedging Activities - Income Statement Effect (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Interest Expense	$ (396)	$ (403)
Foreign Currency Adjustment	(7)	(65)
Amount of gain reclassified from other comprehensive loss into income or loss	597	776
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Interest Expense	(396)	(403)
Amount of loss related to changes in fair values of interest rate derivatives not designated as a hedging instrument	(171)	0
Amount of gain reclassified from other comprehensive loss into income or loss	(125)	(256)
Amount of loss reclassified from accumulated other comprehensive loss into income or loss as a result of a forecasted transaction being no longer probable of occurring	17	0
Foreign Currency Transactions
Derivative Instruments, Gain (Loss) [Line Items]
Foreign Currency Adjustment	(7)	(65)
Amount of gain reclassified from other comprehensive loss into income or loss	$ (763)	$ (867)

Derivatives and Hedging Activ_7

Derivatives and Hedging Activities - Fair Value of Derivatives and Balance Sheet Classification (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 817	$ 583
Liability Derivatives	(765)	(1,463)
Derivatives not designated as hedging instruments | Interest rate products | Accrued liabilities
Derivatives, Fair Value [Line Items]
Asset Derivatives	0	0
Liability Derivatives	(288)	0
Derivatives not designated as hedging instruments | Interest rate products | Other assets / Long-term derivative liability
Derivatives, Fair Value [Line Items]
Asset Derivatives	0
Liability Derivatives	(477)	0
Derivatives designated as hedging instruments | Interest rate products | Prepaid expenses and other current assets / Accrued expenses
Derivatives, Fair Value [Line Items]
Asset Derivatives	0	15
Liability Derivatives	0	(12)
Derivatives designated as hedging instruments | Interest rate products | Other assets / Long-term derivative liability
Derivatives, Fair Value [Line Items]
Asset Derivatives	0	0
Liability Derivatives	0	(9)
Derivatives designated as hedging instruments | Cross-currency swap | Prepaid expenses and other current assets / Accrued expenses
Derivatives, Fair Value [Line Items]
Asset Derivatives	655	568
Liability Derivatives	0	0
Derivatives designated as hedging instruments | Cross-currency swap | Long-term derivative liability
Derivatives, Fair Value [Line Items]
Asset Derivatives	162	0
Liability Derivatives	$ 0	$ (1,442)

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 55,066	$ 49,513
Revenue, as a percent	100.00%	100.00%
Video
Disaggregation of Revenue [Line Items]
Revenue	$ 28,633	$ 20,229
Revenue, as a percent	52.00%	40.90%
Subscription and other in-app products
Disaggregation of Revenue [Line Items]
Revenue	$ 14,395	$ 15,596
Revenue, as a percent	26.10%	31.50%
User pay revenue
Disaggregation of Revenue [Line Items]
Revenue	$ 43,028	$ 35,825
Revenue, as a percent	78.10%	72.40%
Advertising revenue
Disaggregation of Revenue [Line Items]
Revenue	$ 12,038	$ 13,688
Revenue, as a percent	21.90%	27.60%

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred revenue increase	$ 42.5
Deferred revenue recognized	$ 42.8
Revenue from Contract with Customer Benchmark | Two Customers | Customer Concentration Risk
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Concentration risk percentage	73.00%
Revenue, Product and Service Benchmark | Two Customers | Customer Concentration Risk
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Concentration risk percentage		61.00%

Revenue - Schedule of Contract

Revenue - Schedule of Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets:
Contract assets	$ 24,476	$ 25,503
Liabilities:
Contract liabilities	$ 3,563	$ 3,884

Net (Loss) Income per Share - B

Net (Loss) Income per Share - Basic and Diluted Income per Share (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Numerator:
Net (loss) income	$ (2,408,000)	$ 1,258,000
Denominator:
Weighted-average shares outstanding— basic (in shares)	71,001,906	74,848,080
Effect of dilutive securities (in shares)	0	3,951,168
Weighted-average shares outstanding— diluted (in shares)	71,001,906	78,799,248
Basic net (loss) income per share (in dollars per share)	$ (0.03)	$ 0.02
Diluted net (loss) income per share (in dollars per share)	$ (0.03)	$ 0.02

Net (Loss) Income per Share - A

Net (Loss) Income per Share - Additional Information (Details) shares in Millions	3 Months Ended
	Mar. 31, 2019shares
Earnings Per Share [Abstract]
Antidilutive securities (in shares)	1.1

Retirement Plan (Details)

Retirement Plan (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Postemployment Benefits [Abstract]
Employer contribution amount	$ 0.2	$ 0.2

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Income tax expense	$ 373	$ 254
Effective tax rate	(18.30%)	16.80%
Change in uncertain tax positions	$ 0	$ 0

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Recurring Basis - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets:
Money market funds	$ 12,090	$ 7,108
Derivative assets	817	583
Total assets	12,907	7,691
Liabilities:
Contingent consideration	(917)	(894)
Derivative liabilities	(765)	(1,463)
Total liabilities	(1,682)	(2,357)
Quoted Prices in Active Markets for Identical Items (Level 1)
Assets:
Money market funds	12,090	7,108
Derivative assets	0	0
Total assets	12,090	7,108
Liabilities:
Contingent consideration	0	0
Derivative liabilities	0	0
Total liabilities	0	0
Significant Other Observable Inputs (Level 2)
Assets:
Money market funds	0	0
Derivative assets	817	583
Total assets	817	583
Liabilities:
Contingent consideration	0	0
Derivative liabilities	(765)	(1,463)
Total liabilities	(765)	(1,463)
Significant Unobservable Inputs (Level 3)
Assets:
Money market funds	0	0
Derivative assets	0	0
Total assets	0	0
Liabilities:
Contingent consideration	(917)	(894)
Derivative liabilities	0	0
Total liabilities	$ (917)	$ (894)

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Changes in Fair Value of Contingent Consideration Liability (Details) - Initech, LLC - Contingent Consideration $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period	$ 894
Accretion	23
Balance at end of period	$ 917