ChannelAdvisor (ECOM) 10-Q 5 Nov 20 2020 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2020	Oct. 31, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2020
Document Transition Report	false
Entity File Number	001-35940
Entity Registrant Name	CHANNELADVISOR CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	56-2257867
Entity Address, Address Line One	3025 Carrington Mill Boulevard
Entity Address, City or Town	Morrisville
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27560
City Area Code	919
Local Phone Number	228-4700
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	ECOM
Security Exchange Name	NYSE
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 (in shares)		29,000,150
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001169652
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 66,357	$ 51,785
Accounts receivable, net of allowance of $410 and $733 as of September 30, 2020 and December 31, 2019, respectively	21,817	22,126
Prepaid expenses and other current assets	12,840	10,452
Total current assets	101,014	84,363
Operating lease right of use assets	8,802	11,128
Property and equipment, net	9,184	9,597
Goodwill	30,990	23,486
Intangible assets, net	4,439	1,285
Deferred contract costs, net of current portion	13,370	12,810
Long-term deferred tax assets, net	3,649	3,584
Other assets	979	614
Total assets	172,427	146,867
Current liabilities:
Accounts payable	545	409
Accrued expenses	14,892	8,577
Deferred revenue	21,368	21,000
Other current liabilities	6,375	6,431
Total current liabilities	43,180	36,417
Long-term operating leases, net of current portion	6,436	9,767
Long-term finance leases, net of current portion	12	27
Other long-term liabilities	2,170	1,007
Total liabilities	51,798	47,218
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding as of September 30, 2020 and December 31, 2019	0	0
Common stock, $0.001 par value, 100,000,000 shares authorized, 28,981,204 and 28,077,469 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively	29	28
Additional paid-in capital	286,208	278,111
Accumulated other comprehensive loss	(1,803)	(1,740)
Accumulated deficit	(163,805)	(176,750)
Total stockholders' equity	120,629	99,649
Total liabilities and stockholders' equity	172,427	146,867
Allowance for doubtful accounts receivable, current	$ 410	$ 733
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)	28,981,204	28,077,469
Common stock, shares outstanding (in shares)	28,981,204	28,077,469

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Allowance for doubtful accounts receivable, current	$ 410	$ 733
Stockholders' equity:
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)	28,981,204	28,077,469
Common stock, shares outstanding (in shares)	28,981,204	28,077,469

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenue	$ 35,285	$ 31,678	$ 104,760	$ 95,184
Cost of revenue	7,691	7,251	21,807	21,876
Gross profit	27,594	24,427	82,953	73,308
Operating expenses:
Sales and marketing	13,477	12,403	38,436	40,808
Research and development	4,809	4,803	14,153	15,161
General and administrative	5,974	5,440	17,742	19,272
Total operating expenses	24,260	22,646	70,331	75,241
Income (loss) from operations	3,334	1,781	12,622	(1,933)
Other income:
Interest (expense) income, net	(1)	205	210	599
Other income (expense), net	5	(44)	44	(32)
Total other income	4	161	254	567
Income (loss) before income taxes	3,338	1,942	12,876	(1,366)
Income tax (benefit) expense	(374)	213	171	572
Net income (loss)	$ 3,712	$ 1,729	$ 12,705	$ (1,938)
Net income (loss) per share:
Basic (in dollars per share)	$ 0.13	$ 0.06	$ 0.45	$ (0.07)
Diluted (in dollars per share)	$ 0.12	$ 0.06	$ 0.43	$ (0.07)
Weighted average common shares outstanding:
Basic	28,802,310	28,049,199	28,485,547	27,824,696
Diluted	30,436,601	28,754,679	29,815,829	27,824,696

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 3,712	$ 1,729	$ 12,705	$ (1,938)
Other comprehensive income (loss):
Foreign currency translation adjustments	438	(530)	(63)	(595)
Total comprehensive income (loss)	$ 4,150	$ 1,199	$ 12,642	$ (2,533)

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities
Net income (loss)	$ 12,705	$ (1,938)
Adjustments to reconcile net income (loss) to cash and cash equivalents provided by operating activities:
Depreciation and amortization	4,655	4,806
Bad debt expense	479	911
Stock-based compensation expense	7,732	7,000
Deferred income taxes	(61)	513
Other items, net	(617)	43
Changes in assets and liabilities, net of effects from acquisition:
Accounts receivable	343	1,007
Prepaid expenses and other assets	(917)	2,282
Deferred contract costs	(1,800)	(2,661)
Accounts payable and accrued expenses	3,404	(2,112)
Deferred revenue	62	(2,337)
Cash and cash equivalents provided by operating activities	25,985	7,514
Cash flows from investing activities
Acquisition, net of cash acquired	(8,787)	0
Purchases of property and equipment	(1,021)	(755)
Payment of software development costs	(2,283)	(1,972)
Cash and cash equivalents used in investing activities	(12,091)	(2,727)
Cash flows from financing activities
Repayment of finance leases	(1,418)	(2,357)
Proceeds from exercise of stock options	3,553	968
Payment of statutory tax withholding related to net-share settlement of restricted stock units	(1,299)	(2,101)
Payment of line of credit financing costs	179	0
Cash and cash equivalents provided by (used in) financing activities	657	(3,490)
Effect of currency exchange rate changes on cash and cash equivalents	21	(256)
Net increase in cash and cash equivalents	14,572	1,041
Cash and cash equivalents, beginning of period	51,785	47,185
Cash and cash equivalents, end of period	66,357	48,226
Supplemental disclosure of cash flow information
Cash paid for interest	109	215
Cash paid for income taxes, net	386	64
Supplemental disclosure of noncash investing and financing activities
Accrued statutory tax withholding related to net-share settlement of restricted stock units	1,889	1,206
Accrued capital expenditures	$ 379	$ 35

Description of the Business

Description of the Business	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS	DESCRIPTION OF THE BUSINESSChannelAdvisor Corporation ("ChannelAdvisor" or the "Company") was incorporated in the state of Delaware and capitalized in June 2001. The Company began operations in July 2001. ChannelAdvisor is a provider of software-as-a-service, or SaaS, solutions and its mission is to connect and optimize the world's commerce. ChannelAdvisor's SaaS cloud platform helps brands and retailers worldwide improve their online performance by expanding sales channels, connecting with consumers around the world, optimizing their operations for peak performance and providing actionable analytics to improve competitiveness. The Company is headquartered in Morrisville, North Carolina and maintains sales, service, support and research and development offices in various domestic and international locations.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Interim Condensed Consolidated Financial Information The accompanying condensed consolidated financial statements and footnotes have been prepared in accordance with generally accepted accounting principles in the United States of America, or U.S. GAAP, as contained in the Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, for interim financial information. In the opinion of management, the interim financial information includes all adjustments of a normal recurring nature necessary for a fair presentation of financial position, the results of operations, comprehensive loss and cash flows. The results of operations for the three and nine months ended September 30, 2020 are not necessarily indicative of the results for the full year or the results for any future periods, especially in light of the potential effects of the novel coronavirus, or COVID-19, pandemic on the Company’s business, operations and financial performance. These unaudited interim financial statements should be read in conjunction with the audited financial statements and related footnotes for the year ended December 31, 2019, or fiscal 2019, which are included in the Company's Annual Report on Form 10-K for fiscal 2019. There have been no material changes to the Company's significant accounting policies from those described in the footnotes to the audited financial statements contained in the Company's Annual Report on Form 10-K for fiscal 2019. Recent Accounting Pronouncements Standard Description Effect on the Financial Statements or Other Significant Matters Standards that the Company adopted as of January 1, 2020 Financial Instruments: ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) Effective date: January 1, 2020 This standard replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects expected credit losses. The update is intended to provide financial statement users with more useful information about expected credit losses. The Company adopted this standard effective January 1, 2020. The adoption did not have a material impact on its consolidated financial statements, although it resulted in a change in accounting policy for accounts receivable. Refer to "Accounts Receivable" below for additional information regarding the Company’s accounting policy for accounts receivable following the adoption of ASU 2016-13. Intangibles: ASU 2018-15, Intangibles -Goodwill and Other - Internal-Use Software (Subtopic 350-40) Effective date: January 1, 2020 This standard aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The Company adopted this standard effective January 1, 2020. The adoption did not have an impact on its consolidated financial statements. Income Taxes: ASU 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes Effective date: January 1, 2020 This standard amends the approaches and methodologies in accounting for income taxes during interim periods and makes changes to certain income tax classifications. The new standard allows exceptions to the use of the incremental approach for intra-period tax allocation, when there is a loss from continuing operations and income or a gain from other items, and to the general methodology for calculating income taxes in an interim period, when a year-to-date loss exceeds the anticipated loss for the year. The standard also requires franchise or similar taxes partially based on income to be reported as income tax and the effects of enacted changes in tax laws or rates to be included in the annual effective tax rate computation from the date of enactment. Lastly, the Company would be required to evaluate when the step-up in the tax basis of goodwill is part of the business combination and when it should be considered a separate transaction. ASU 2019-12 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company early adopted this standard effective January 1, 2020. The early adoption did not have a material impact on its consolidated financial statements or related disclosures. The Company has reviewed new accounting pronouncements that were issued during the nine months ended September 30, 2020 and does not believe that these pronouncements are applicable to the Company, or that they will have a material impact on its financial position or results of operations. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates. On an ongoing basis, the Company evaluates its estimates, including those related to the accounts receivable allowance, the useful lives of long-lived assets and other intangible assets, income taxes, assumptions used for purposes of determining stock-based compensation, leases, including estimating lease terms and extensions, and revenue recognition, including standalone selling prices for contracts with multiple performance obligations and the expected period of benefit for deferred contract costs, among others. Estimates and assumptions are also required to value assets acquired and liabilities assumed as well as contingent consideration, where applicable, in conjunction with business combinations. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable, the results of which form the basis for making judgments about the carrying value of assets and liabilities. Accounts Receivable The Company extends credit to customers without requiring collateral. Accounts receivable are stated at amortized cost, net of an allowance for credit losses. The Company records an allowance for credit losses at the time that accounts receivable are initially recorded based on consideration of the current economic environment, expectations of future economic conditions, the Company's historical collection experience and a loss-rate approach whereby impairment is calculated by multiplying an estimated loss rate by the asset’s amortized cost at the balance sheet date. The Company reassesses the allowance at each reporting date. When it becomes apparent, based on age or customer circumstances, that such amounts will not be collected, they are charged to the allowance. Payments subsequently received are credited to the credit loss expense account included within general and administrative expense in the condensed consolidated statements of operations.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Attributable to Parent [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY The following table summarizes quarterly stockholders' equity activity for the nine-month periods ended September 30, 2020 and 2019 (in thousands, except number of shares): Quarterly Activity For The Nine Months Ended September 30, 2020 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2019 28,077,469 $ 28 $ 278,111 $ (1,740) $ (176,750) $ 99,649 Cumulative effect of accounting change (1) — — — — 240 240 Exercise of stock options and vesting of restricted stock units 394,998 — 87 — — 87 Stock-based compensation expense — — 2,914 — — 2,914 Statutory tax withholding related to net-share settlement of restricted stock units (107,398) — (980) — — (980) Net income — — — — 2,007 2,007 Foreign currency translation adjustments — — — (800) — (800) Balance, March 31, 2020 28,365,069 28 280,132 (2,540) (174,503) 103,117 Exercise of stock options and vesting of restricted stock units 330,692 1 2,046 — — 2,047 Stock-based compensation expense — — 2,556 — — 2,556 Statutory tax withholding related to net-share settlement of restricted stock units (48,675) — (659) — — (659) Net income — — — — 6,986 6,986 Foreign currency translation adjustments — — — 299 — 299 Balance, June 30, 2020 28,647,086 29 284,075 (2,241) (167,517) 114,346 Exercise of stock options and vesting of restricted stock units 411,651 — 1,420 — — 1,420 Stock-based compensation expense — — 2,262 — — 2,262 Statutory tax withholding related to net-share settlement of restricted stock units (77,533) — (1,549) — — (1,549) Net income — — — — 3,712 3,712 Foreign currency translation adjustments — — — 438 — 438 Balance, September 30, 2020 28,981,204 $ 29 $ 286,208 $ (1,803) $ (163,805) $ 120,629 (1) The Company recorded a reduction to accumulated deficit at January 1, 2020 as a result of its adoption of ASU 2016-13, Financial Instruments - Credit Losses . Quarterly Activity For The Nine Months Ended September 30, 2019 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2018 27,347,115 $ 27 $ 271,550 $ (1,707) $ (180,232) $ 89,638 Exercise of stock options and vesting of restricted stock units 681,944 1 936 — — 937 Stock-based compensation expense — — 3,398 — — 3,398 Statutory tax withholding related to net-share settlement of restricted stock units (178,071) — (2,277) — — (2,277) Net loss — — — — (2,329) (2,329) Foreign currency translation adjustments — — — 78 — 78 Balance, March 31, 2019 27,850,988 28 273,607 (1,629) (182,561) 89,445 Exercise of stock options and vesting of restricted stock units 290,346 — 15 — — 15 Stock-based compensation expense — — 2,801 — — 2,801 Statutory tax withholding related to net-share settlement of restricted stock units (98,975) — (981) — — (981) Net loss — — — — (1,338) (1,338) Foreign currency translation adjustments — — — (143) — (143) Balance, June 30, 2019 28,042,359 28 275,442 (1,772) (183,899) 89,799 Exercise of stock options and vesting of restricted stock units 21,958 — 17 — — 17 Stock-based compensation expense — — 801 — — 801 Statutory tax withholding related to net-share settlement of restricted stock units (5,510) — (49) — — (49) Net income — — — — 1,729 1,729 Foreign currency translation adjustments — — — (530) — (530) Balance, September 30, 2019 28,058,807 $ 28 $ 276,211 $ (2,302) $ (182,170) $ 91,767

Business Combination, Goodwill

Business Combination, Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Business Combination, Goodwill and Intangible Assets	BUSINESS COMBINATION, GOODWILL AND INTANGIBLE ASSETS Business Combination On July 23, 2020, the Company entered into a Share Purchase Agreement (the "Purchase Agreement") pursuant to which it acquired all of the issued and outstanding shares of Blueboard, a private limited company organized under the laws of France ("BlueBoard"). BlueBoard is headquartered in Paris, France and is a leader in e-commerce analytics. The acquisition of BlueBoard adds analytic capabilities, including actionable insights into how products are performing across thousands of retailer websites and marketplaces, to the Company's existing cloud-based e-commerce solutions. Under the Purchase Agreement, the Company paid to the shareholders of BlueBoard a cash purchase price of $9.0 million, which is subject to adjustment as set forth in the Purchase Agreement. A portion of the purchase price has been placed into escrow to secure the indemnification obligations of BlueBoard’s shareholders until July 22, 2021. In addition to the purchase price paid at the closing, the Company may be obligated to pay up to $3.0 million to the BlueBoard shareholders upon the achievement of specified annual revenue targets through July 2023, as set forth in the Purchase Agreement. Pursuant to ASC Topic 805, Business Combinations , or ASC 805, this contingent consideration is deemed to be part of the purchase price and is recorded as a liability based on the estimated fair value of the consideration the Company expects to pay as of the acquisition date. As of September 30, 2020, $1.5 million of contingent consideration was recorded as a liability on the Company's condensed consolidated balance sheet. The acquisition has been accounted for under the acquisition method of accounting in accordance with ASC 805. Under the acquisition method of accounting, the Company allocated the purchase price to the identifiable assets acquired and liabilities assumed based on their estimated acquisition-date fair values. The excess of the purchase price over the net assets acquired is recorded as goodwill. Based on management's provisional assessment of the acquisition-date fair value of the assets acquired and liabilities assumed, the aggregate purchase price of $10.5 million, which is comprised of $9.0 million of cash and $1.5 million for contingent consideration noted above, has been allocated to the Company's assets and liabilities on a preliminary basis as follows: $7.5 million to goodwill, $3.7 million to identifiable intangible assets, including acquired technology of $3.3 million and customer relationships of $0.4 million, $0.6 million to long-term deferred tax liabilities and $0.1 million to working capital as a net current liability. The purchase price allocation in conjunction with the acquisition of BlueBoard is subject to change as additional information becomes available. Any adjustments will be made as soon as practicable, but not later than one year from the acquisition date. The goodwill arising from the acquisition of BlueBoard represents the future economic benefits expected to arise from other intangible assets that do not qualify for separate recognition, including acquired workforce, as well as expected future synergies. The goodwill recognized is not deductible for income tax purposes. The Company incurred transaction costs in connection with the acquisition of $0.2 million and $0.4 million for the three and nine months ended September 30, 2020, respectively, which are included in general and administrative expense in the accompanying condensed consolidated statements of operations. Comparative pro forma financial information for this acquisition has not been presented because the acquisition is not material to the Company's consolidated results of operations. Goodwill and Intangible Assets The following table shows the changes in the carrying amount of goodwill for the nine months ended September 30, 2020 (in thousands): Balance as of December 31, 2019 $ 23,486 Goodwill attributable to the BlueBoard acquisition 7,504 Balance as of September 30, 2020 $ 30,990 There were no changes to the Company's goodwill during the year ended December 31, 2019. The Company has acquired intangible assets in connection with its business acquisitions. These assets were recorded at their estimated fair values at the acquisition date and are being amortized over their respective estimated useful lives using the straight-line method. The estimated useful lives and amortization methodology used in computing amortization are as follows: Estimated Useful Life Amortization Methodology Customer relationships 7 years Straight-line Acquired technology 7 years Straight-line Amortization expense associated with the Company's intangible assets was $0.3 million and $0.2 million for the three months ended September 30, 2020 and 2019, respectively, and $0.6 million and $0.5 million for the nine months ended September 30, 2020 and 2019, respectively.

Fair Value of Measurements

Fair Value of Measurements	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value of Measurements	FAIR VALUE OF MEASUREMENTS The Company uses a three-tier fair value hierarchy to classify all assets and liabilities measured at fair value on a recurring basis, as well as assets and liabilities measured at fair value on a non-recurring basis, in periods subsequent to their initial measurement. The hierarchy requires the Company to use observable inputs when available, and to minimize the use of unobservable inputs when determining fair value. The three tiers are defined as follows: • Level 1. Observable inputs based on unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2. Inputs, other than quoted prices in active markets, that are observable either directly or indirectly. • Level 3. Unobservable inputs for which there is little or no market data, which require the Company to develop its own assumptions. The carrying amounts of certain of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate their respective fair values due to their short-term nature. The acquisition of BlueBoard on July 23, 2020 includes a contingent consideration arrangement, as described in Note 4 above. Contingent consideration was measured at fair value at the acquisition date and is remeasured at fair value at each reporting date until the contingency is resolved. The fair value of the contingent consideration related to the BlueBoard acquisition was estimated based on a probability-weighted model in which the Company developed various scenarios for achievement of the financial targets. The Company discounted the expected future earn-out payment of each scenario to its net present value using Level 3 inputs and assigned probabilities to achieving each scenario. Key assumptions used in the measurement of fair value of contingent consideration include the Company’s internal financial projections and analysis of BlueBoard's current customer base and expected customer growth, target market, sales potential, risk-free rates and discount rates. Increases or decreases in any valuation inputs in isolation may result in a significantly lower or higher fair value measurement in the future. Subsequent changes in the fair value of contingent consideration are recognized within general and administrative expenses in the Company’s condensed consolidated statements of operations. As of September 30, 2020, the fair value of the contingent consideration was $1.5 million, of which $0.9 million is recorded in "Other current liabilities" and $0.6 million is recorded in "Other long-term liabilities."

Capitalized Software Developmen

Capitalized Software Development Costs	9 Months Ended
	Sep. 30, 2020
Property, Plant and Equipment [Abstract]
CAPITALIZED SOFTWARE DEVELOPMENT COSTS	CAPITALIZED SOFTWARE DEVELOPMENT COSTSCapitalized software development costs related to creating internally developed software and implementing software purchased for internal use are included in property and equipment in the accompanying condensed consolidated balance sheets. The Company capitalized software development costs of $0.9 million and $0.7 million during the three months ended September 30, 2020 and 2019, respectively, and $2.3 million and $2.0 million during the nine months ended September 30, 2020 and 2019, respectively. Amortization expense related to capitalized internally developed software was $0.5 million and $0.2 million during the three months ended September 30, 2020 and 2019, respectively, and $1.3 million and $0.5 million during the nine months ended September 30, 2020 and 2019, respectively, and is included in cost of revenue or general and administrative expense in the accompanying condensed consolidated statements of operations, depending upon the nature of the software development project. The net book value of capitalized internally developed software was $3.9 million and $2.9 million at September 30, 2020 and December 31, 2019, respectively.

Line of Credit

Line of Credit	9 Months Ended
	Sep. 30, 2020
Debt Disclosure [Abstract]
Line of Credit	LINE OF CREDITOn August 5, 2020, the Company established a $25.0 million revolving credit facility with a commercial lender that is available for use until August 5, 2023. Proceeds from borrowings under the credit facility may be used for working capital and general corporate purposes, including acquisitions. Up to $10.0 million of the facility is available for letters of credit. Additionally, the Company may request increases to the facility, subject to the consent of the lender, provided that the aggregate amount of such increases during the term do not exceed $10.0 million. Amounts borrowed under the facility will bear interest equal to either a base rate plus 2.25% per annum or LIBOR plus 3.25% per annum. The Company will pay a fee on all outstanding letters of credit at a rate of 3.25% per annum. In addition, the Company will pay a quarterly fee at a rate of 0.50% per annum on the undrawn portion of the facility. As collateral for extension of credit under the facility, the Company granted security interests in substantially all of its assets and those of one of its subsidiaries. The agreement for the credit facility contains customary representations and warranties and subjects the Company to affirmative and negative covenants. As of September 30, 2020, the Company had not drawn on, or issued any letters of credit under, the credit facility.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue Recognition and Disaggregation of Revenue The Company derives the majority of its revenue from subscription fees paid for access to and usage of its SaaS solutions for a specified period of time. A portion of the subscription fee is typically fixed and is based on a specified minimum amount of gross merchandise value, or GMV, or advertising spend that a customer expects to process through the Company's platform over the contract term. The remaining portion of the subscription fee is variable and is based on a specified percentage of GMV or advertising spend processed through the Company's platform in excess of the customer's specified minimum GMV or advertising spend amount. In addition to subscription fees, contracts with customers may include implementation fees for launch assistance and training. Fixed subscription and implementation fees are billed in advance of the subscription term and are due in accordance with contract terms, which generally provide for payment within 30 days. Variable fees are subject to the same payment terms, although they are generally billed the month after they are incurred. The Company also generates revenue from its solutions that allow brands to direct potential consumers from their websites and digital marketing campaigns to authorized resellers. The majority of the Company's contracts have a one year term. The Company's contractual arrangements include performance, termination and cancellation provisions, but do not provide for refunds. Customers do not have the contractual right to take possession of the Company's software at any time. Sales taxes collected from customers and remitted to government authorities are excluded from revenue. The Company's customers are categorized as follows: Retailers. The Company generally categorizes a customer as a retailer if it primarily focuses on selling third-party products. Brands. The Company generally categorizes a customer as a brand if it primarily focuses on selling its own proprietary products. Other. Other is primarily comprised of strategic partnerships. The following table summarizes revenue disaggregation by customer type for the three and nine months ended September 30, 2020 and 2019 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Retailers $ 21,214 $ 20,300 $ 64,202 $ 62,376 Brands 12,080 9,341 33,860 27,318 Other 1,991 2,037 6,698 5,490 $ 35,285 $ 31,678 $ 104,760 $ 95,184 Contracts with Multiple Performance Obligations Customers may elect to purchase a subscription to multiple modules, multiple modules with multiple service levels, or, for certain of the Company's solutions, multiple brands or geographies. The Company evaluates such contracts to determine whether the services to be provided are distinct and accordingly should be accounted for as separate performance obligations. If the Company determines that a contract has multiple performance obligations, the transaction price, which is the total price of the contract, is allocated to each performance obligation based on a relative standalone selling price method. The Company estimates standalone selling price based on observable prices in past transactions for which the product offering subject to the performance obligation has been sold separately. As the performance obligations are satisfied, revenue is recognized as discussed above in the product descriptions. Transaction Price Allocated to Future Performance Obligations As the Company typically enters into contracts with customers for a twelve-month subscription term, a substantial majority of its performance obligations that have not yet been satisfied as of September 30, 2020 are part of a contract that has an original expected duration of one year or less. For contracts with an original expected duration of greater than one year, the aggregate transaction price allocated to the unsatisfied performance obligations was $28.9 million as of September 30, 2020, of which $17.5 million is expected to be recognized as revenue over the next twelve months. Deferred Revenue Deferred revenue represents the unearned portion of subscription and implementation fees. Deferred revenue is recorded when cash payments are received in advance of performance. Deferred amounts are generally recognized within one year. Deferred revenue is included in the accompanying condensed consolidated balance sheets under "Total current liabilities," net of any long-term portion that is included in "Other long-term liabilities." The following table summarizes deferred revenue activity for the nine months ended September 30, 2020 (in thousands): Balance, beginning of period Net additions Revenue recognized Balance, end of period Deferred revenue $ 21,459 78,909 (78,610) $ 21,758 Of the $104.8 million of revenue recognized in the nine months ended September 30, 2020, $11.9 million was included in deferred revenue at January 1, 2020. Costs to Obtain Contracts The Company capitalizes sales commissions and a portion of other incentive compensation costs that are directly related to obtaining customer contracts and that would not have been incurred if the contract had not been obtained. These costs are included in the accompanying condensed consolidated balance sheets and are classified as "Prepaid expenses and other current assets," net of any long-term portion that is included in "Deferred contract costs, net of current portion." As of September 30, 2020, $6.8 million was included in "Prepaid expenses and other current assets." Deferred contract costs are amortized to sales and marketing expense over the expected period of benefit, which the Company has determined to be five years based on the estimated customer relationship period. The following table summarizes deferred contract cost activity for the nine months ended September 30, 2020 (in thousands): Balance, beginning of period Additions Amortized costs (1) Balance, end of period Deferred contract costs $ 18,414 6,428 (4,623) $ 20,219 (1) Includes contract costs amortized to sales and marketing expense during the period and the impact from foreign currency exchange rate fluctuations.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2020
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION In February 2020, the Company’s Compensation Committee implemented changes to the equity compensation program for the Company’s executive officers. Beginning in 2020, 50% of each executive's equity awards were granted in the form of performance-based vesting restricted stock units, or PSUs, that are eligible for vesting only if the Company achieves pre-defined targets set by the Compensation Committee for the Company’s combined year-over-year revenue growth and adjusted earnings before interest, tax, depreciation and amortization, or EBITDA, margin over a multi-year measurement period (a two-year measurement period for fiscal 2020 grants), subject to the executive’s continued service with the Company. For any PSUs to vest, revenue growth must be positive over the performance period. Vesting of these PSU awards is based on a sliding scale of actual performance against the pre-defined goals. The sliding scale ranges from zero vesting and forfeiture of the awards if the Company does not achieve the performance threshold, to an award of up to 150% of the target number of awards if the pre-defined maximum performance is achieved. As soon as reasonably practicable after the completion of the performance period, the Compensation Committee will determine the level of attainment of the performance goal and if the performance threshold is achieved, on the second anniversary of the grant date, subject to the executive’s continued service as of that date, 50% of the earned PSU awards will vest and, on the third anniversary of the grant date, the remaining 50% of earned PSU awards will vest, subject to the executive’s continued service as of that date. The Committee may make adjustments to the manner in which the achievement is determined as it deems equitable and appropriate to exclude the effect of unusual, non-recurring or infrequent matters, transactions or events affecting the Company or its consolidated financial statements; changes in accounting principles, practices or policies or in tax laws or other laws or requirements; or other similar events, matters or changed circumstances. Each adjustment, if any, shall be made solely for the purpose of maintaining the intended economics of the award in light of changed circumstances to prevent the dilution or enlargement of the executive’s rights with respect to the PSUs. The fair value of the PSU awards is determined using the Company’s stock price on the grant date. These awards are equity classified and will be expensed over the requisite service period based on the extent to which achievement of the performance metrics is probable. The Company recognizes stock-based compensation expense using the accelerated attribution method, net of estimated forfeitures, in which compensation cost for each vesting tranche in an award is recognized ratably from the service inception date to the vesting date for that tranche. Stock-based compensation expense is included in the following line items in the accompanying condensed consolidated statements of operations for the three and nine months ended September 30, 2020 and 2019 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 (1) 2020 2019 (1) Cost of revenue $ 203 $ 169 $ 760 $ 745 Sales and marketing 544 — 2,061 1,773 Research and development 485 454 1,708 1,696 General and administrative 1,030 178 3,203 2,786 Total stock-based compensation expense $ 2,262 $ 801 $ 7,732 $ 7,000 (1) Stock-based compensation expense for the three and nine months ended September 30, 2019 was impacted by forfeitures due to changes in executive management. During the nine months ended September 30, 2020, the Company granted the following share-based awards: Number of Shares Underlying Grant Weighted Average Grant Date Fair Value Restricted stock units 958,055 $ 11.32 Performance stock units 142,317 $ 9.27 Total share-based awards 1,100,372

Net Income (Loss) Per Share

Net Income (Loss) Per Share	9 Months Ended
	Sep. 30, 2020
Earnings Per Share [Abstract]
NET LOSS PER SHARE	NET INCOME (LOSS) PER SHARE Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of shares of common stock outstanding for the period. Diluted net income (loss) per share is calculated giving effect to all potentially dilutive shares of common stock, including stock options and restricted stock units. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method. The following table summarizes the calculation of basic and diluted net income (loss) per share (in thousands, except share and per share data): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Basic: Net income (loss) $ 3,712 $ 1,729 $ 12,705 $ (1,938) Weighted average common shares outstanding, basic 28,802,310 28,049,199 28,485,547 27,824,696 Basic net income (loss) per share $ 0.13 $ 0.06 $ 0.45 $ (0.07) Diluted: Net income (loss) $ 3,712 $ 1,729 $ 12,705 $ (1,938) Weighted average common shares outstanding, basic 28,802,310 28,049,199 28,485,547 27,824,696 Dilutive effect of: Stock options 571,884 169,354 334,565 — Unvested restricted stock units 1,062,407 536,126 995,717 — Weighted average common shares outstanding, diluted 30,436,601 28,754,679 29,815,829 27,824,696 Diluted net income (loss) per share $ 0.12 $ 0.06 $ 0.43 $ (0.07) The following equity instruments have been excluded from the calculation of diluted net income (loss) per share because the effect is anti-dilutive: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Stock options 145,279 1,923,938 528,777 2,341,209 Restricted stock units 19,322 269,552 26,397 2,206,636

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES At the end of each interim reporting period, the Company estimates its effective income tax rate expected to be applicable for the full year. This estimate is used to determine the income tax provision or benefit on a year-to-date basis and may change in subsequent interim periods. The Company's effective tax rate was (11.2)% and 11.0% for the three months ended September 30, 2020 and 2019, respectively, and 1.3% and (41.9)% for the nine months ended September 30, 2020 and 2019, respectively. The tax (benefit) expense for each of the periods was based on U.S. federal, state, local and foreign income taxes. The Company’s effective tax rate for these periods is lower than the U.S. federal statutory rate of 21% primarily due to operating loss carryforwards which are subject to a valuation allowance. The Company cannot recognize the tax benefit of operating loss carryforwards generated in certain jurisdictions due to uncertainties relating to future taxable income in those jurisdictions in terms of both its timing and its sufficiency, which would enable the Company to realize the benefits of those carryforwards. The change in the effective tax rate for the three months ended September 30, 2020 compared with the same period in the prior year was primarily due to an increase in the UK corporate income tax rate resulting in an increase to the UK deferred tax assets and the acquisition of BlueBoard and their current year operating losses, for which the Company can recognize the tax benefit. The change in the effective tax rate for the nine months ended September 30, 2020 compared with the same period in the prior year was primarily due to the shift from pre-tax loss for the nine-month period in 2019 to pre-tax income for the nine-month period in 2020. The Tax Cuts and Jobs Act of 2017, or Tax Act, which went into effect on December 22, 2017, significantly revised the Internal Revenue Code of 1986, as amended. The Tax Act contains, among other things, significant changes to corporate taxation, including reduction of the corporate tax rate from a top marginal rate of 35% to a flat rate of 21%, limitation of the tax deduction for interest expense to 30% of adjusted earnings (except for certain small businesses), repeal of the alternative minimum tax, limitation of the deduction for net operating losses to 80% of current year taxable income, indefinite net operating loss carryforward period and elimination of net operating loss carrybacks, elimination of U.S. tax on foreign earnings (subject to certain important exceptions), immediate deductions for certain new investments instead of deductions for depreciation expense over time, creation of the base erosion anti-abuse tax, the global intangible low taxed income inclusion, which the Company accounts for as a period cost, the foreign derived intangible income deduction and modification or repeal of many business deductions and credits. The Coronavirus, Aid, Relief and Economic Security Act, or CARES Act, was enacted on March 27, 2020. The CARES Act includes both income tax and non-income tax measures to assist companies. Some of the key income tax-related provisions of the CARES Act include the elimination of the 80% limitation on certain net operating loss carryforwards and allowing net operating loss carrybacks, an increase to the interest expense deduction limit, passage of technical corrections to the Tax Cuts and Jobs Act of 2017, and acceleration of the Alternative Minimum Tax Credit refund. In addition to the income tax provisions, the CARES Act includes non-income tax provisions, such as loan programs, penalty and interest-free deferral of certain tax payments, and payroll tax credits. The Company has decided not to apply for any of the loan programs in the CARES Act. The relevant corporate income tax changes have been incorporated into the Company's income tax provision for the three and nine months ended September 30, 2020 based on the language in the CARES Act and guidance promulgated prior to the issuance of these financial statements. These corporate tax changes had an insignificant impact on the income tax provision for the three and nine months ended September 30, 2020. The Company is also monitoring COVID-19 tax relief developments in U.S. states and foreign jurisdictions where the Company has operations. The Company is currently benefiting from penalty and interest-free tax payment deferral in a few of the jurisdictions where the Company has operations, including deferral of the employer portion of the 2020 U.S. Social Security tax payments as provided in the CARES Act.

Segment and Geographic Informat

Segment and Geographic Information	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
SEGMENT AND GEOGRAPHIC INFORMATION	SEGMENT AND GEOGRAPHIC INFORMATION Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker, or CODM, for purposes of allocating resources and evaluating financial performance. The Company's CODM reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. As such, the Company's operations constitute a single operating segment and one reportable segment. Substantially all assets were held in the United States during the nine months ended September 30, 2020 and the year ended December 31, 2019. The Company categorizes domestic and international revenue from customers based on their billing address. The following table summarizes revenue by geography for the three and nine months ended September 30, 2020 and 2019 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 (1) 2020 2019 (1) Domestic $ 26,135 $ 23,537 $ 78,571 $ 71,207 International 9,150 8,141 26,189 23,977 Total revenue $ 35,285 $ 31,678 $ 104,760 $ 95,184 (1) Certain prior period amounts have been reclassified to conform to current period presentation. These reclassifications had no impact on the reported total revenue for the period.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Principles of Consolidation	The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Interim Condensed Consolidated Financial Information	The accompanying condensed consolidated financial statements and footnotes have been prepared in accordance with generally accepted accounting principles in the United States of America, or U.S. GAAP, as contained in the Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, for interim financial information. In the opinion of management, the interim financial information includes all adjustments of a normal recurring nature necessary for a fair presentation of financial position, the results of operations, comprehensive loss and cash flows. The results of operations for the three and nine months ended September 30, 2020 are not necessarily indicative of the results for the full year or the results for any future periods, especially in light of the potential effects of the novel coronavirus, or COVID-19, pandemic on the Company’s business, operations and financial performance. These unaudited interim financial statements should be read in conjunction with the audited financial statements and related footnotes for the year ended December 31, 2019, or fiscal 2019, which are included in the Company's Annual Report on Form 10-K for fiscal 2019. There have been no material changes to the Company's significant accounting policies from those described in the footnotes to the audited financial statements contained in the Company's Annual Report on Form 10-K for fiscal 2019.
Recent Accounting Pronouncements	Standard Description Effect on the Financial Statements or Other Significant Matters Standards that the Company adopted as of January 1, 2020 Financial Instruments: ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) Effective date: January 1, 2020 This standard replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects expected credit losses. The update is intended to provide financial statement users with more useful information about expected credit losses. The Company adopted this standard effective January 1, 2020. The adoption did not have a material impact on its consolidated financial statements, although it resulted in a change in accounting policy for accounts receivable. Refer to "Accounts Receivable" below for additional information regarding the Company’s accounting policy for accounts receivable following the adoption of ASU 2016-13. Intangibles: ASU 2018-15, Intangibles -Goodwill and Other - Internal-Use Software (Subtopic 350-40) Effective date: January 1, 2020 This standard aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The Company adopted this standard effective January 1, 2020. The adoption did not have an impact on its consolidated financial statements. Income Taxes: ASU 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes Effective date: January 1, 2020 This standard amends the approaches and methodologies in accounting for income taxes during interim periods and makes changes to certain income tax classifications. The new standard allows exceptions to the use of the incremental approach for intra-period tax allocation, when there is a loss from continuing operations and income or a gain from other items, and to the general methodology for calculating income taxes in an interim period, when a year-to-date loss exceeds the anticipated loss for the year. The standard also requires franchise or similar taxes partially based on income to be reported as income tax and the effects of enacted changes in tax laws or rates to be included in the annual effective tax rate computation from the date of enactment. Lastly, the Company would be required to evaluate when the step-up in the tax basis of goodwill is part of the business combination and when it should be considered a separate transaction. ASU 2019-12 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company early adopted this standard effective January 1, 2020. The early adoption did not have a material impact on its consolidated financial statements or related disclosures.
Use of Estimates	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates. On an ongoing basis, the Company evaluates its estimates, including those related to the accounts receivable allowance, the useful lives of long-lived assets and other intangible assets, income taxes, assumptions used for purposes of determining stock-based compensation, leases, including estimating lease terms and extensions, and revenue recognition, including standalone selling prices for contracts with multiple performance obligations and the expected period of benefit for deferred contract costs, among others. Estimates and assumptions are also required to value assets acquired and liabilities assumed as well as contingent consideration, where applicable, in conjunction with business combinations. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable, the results of which form the basis for making judgments about the carrying value of assets and liabilities.
Accounts Receivable	The Company extends credit to customers without requiring collateral. Accounts receivable are stated at amortized cost, net of an allowance for credit losses. The Company records an allowance for credit losses at the time that accounts receivable are initially recorded based on consideration of the current economic environment, expectations of future economic conditions, the Company's historical collection experience and a loss-rate approach whereby impairment is calculated by multiplying an estimated loss rate by the asset’s amortized cost at the balance sheet date. The Company reassesses the allowance at each reporting date. When it becomes apparent, based on age or customer circumstances, that such amounts will not be collected, they are charged to the allowance. Payments subsequently received are credited to the credit loss expense account included within general and administrative expense in the condensed consolidated statements of operations.
Fair Value Measurement	The Company uses a three-tier fair value hierarchy to classify all assets and liabilities measured at fair value on a recurring basis, as well as assets and liabilities measured at fair value on a non-recurring basis, in periods subsequent to their initial measurement. The hierarchy requires the Company to use observable inputs when available, and to minimize the use of unobservable inputs when determining fair value. The three tiers are defined as follows: • Level 1. Observable inputs based on unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2. Inputs, other than quoted prices in active markets, that are observable either directly or indirectly. • Level 3. Unobservable inputs for which there is little or no market data, which require the Company to develop its own assumptions. The carrying amounts of certain of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate their respective fair values due to their short-term nature.
Deferred Revenue	Deferred revenue represents the unearned portion of subscription and implementation fees. Deferred revenue is recorded when cash payments are received in advance of performance. Deferred amounts are generally recognized within one year. Deferred revenue is included in the accompanying condensed consolidated balance sheets under "Total current liabilities," net of any long-term portion that is included in "Other long-term liabilities."
Costs to Obtain Contracts	The Company capitalizes sales commissions and a portion of other incentive compensation costs that are directly related to obtaining customer contracts and that would not have been incurred if the contract had not been obtained. These costs are included in the accompanying condensed consolidated balance sheets and are classified as "Prepaid expenses and other current assets," net of any long-term portion that is included in "Deferred contract costs, net of current portion." As of September 30, 2020, $6.8 million was included in "Prepaid expenses and other current assets." Deferred contract costs are amortized to sales and marketing expense over the expected period of benefit, which the Company has determined to be five years based on the estimated customer relationship period.
Stock-Based Compensation	The Company recognizes stock-based compensation expense using the accelerated attribution method, net of estimated forfeitures, in which compensation cost for each vesting tranche in an award is recognized ratably from the service inception date to the vesting date for that tranche.
Earnings Per Share	Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted-average number of shares of common stock outstanding for the period. Diluted net income (loss) per share is calculated giving effect to all potentially dilutive shares of common stock, including stock options and restricted stock units. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method.
Income Taxes	At the end of each interim reporting period, the Company estimates its effective income tax rate expected to be applicable for the full year. This estimate is used to determine the income tax provision or benefit on a year-to-date basis and may change in subsequent interim periods.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	Standard Description Effect on the Financial Statements or Other Significant Matters Standards that the Company adopted as of January 1, 2020 Financial Instruments: ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) Effective date: January 1, 2020 This standard replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects expected credit losses. The update is intended to provide financial statement users with more useful information about expected credit losses. The Company adopted this standard effective January 1, 2020. The adoption did not have a material impact on its consolidated financial statements, although it resulted in a change in accounting policy for accounts receivable. Refer to "Accounts Receivable" below for additional information regarding the Company’s accounting policy for accounts receivable following the adoption of ASU 2016-13. Intangibles: ASU 2018-15, Intangibles -Goodwill and Other - Internal-Use Software (Subtopic 350-40) Effective date: January 1, 2020 This standard aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The Company adopted this standard effective January 1, 2020. The adoption did not have an impact on its consolidated financial statements. Income Taxes: ASU 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes Effective date: January 1, 2020 This standard amends the approaches and methodologies in accounting for income taxes during interim periods and makes changes to certain income tax classifications. The new standard allows exceptions to the use of the incremental approach for intra-period tax allocation, when there is a loss from continuing operations and income or a gain from other items, and to the general methodology for calculating income taxes in an interim period, when a year-to-date loss exceeds the anticipated loss for the year. The standard also requires franchise or similar taxes partially based on income to be reported as income tax and the effects of enacted changes in tax laws or rates to be included in the annual effective tax rate computation from the date of enactment. Lastly, the Company would be required to evaluate when the step-up in the tax basis of goodwill is part of the business combination and when it should be considered a separate transaction. ASU 2019-12 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company early adopted this standard effective January 1, 2020. The early adoption did not have a material impact on its consolidated financial statements or related disclosures.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Attributable to Parent [Abstract]
Schedule of Stockholders Equity	The following table summarizes quarterly stockholders' equity activity for the nine-month periods ended September 30, 2020 and 2019 (in thousands, except number of shares): Quarterly Activity For The Nine Months Ended September 30, 2020 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2019 28,077,469 $ 28 $ 278,111 $ (1,740) $ (176,750) $ 99,649 Cumulative effect of accounting change (1) — — — — 240 240 Exercise of stock options and vesting of restricted stock units 394,998 — 87 — — 87 Stock-based compensation expense — — 2,914 — — 2,914 Statutory tax withholding related to net-share settlement of restricted stock units (107,398) — (980) — — (980) Net income — — — — 2,007 2,007 Foreign currency translation adjustments — — — (800) — (800) Balance, March 31, 2020 28,365,069 28 280,132 (2,540) (174,503) 103,117 Exercise of stock options and vesting of restricted stock units 330,692 1 2,046 — — 2,047 Stock-based compensation expense — — 2,556 — — 2,556 Statutory tax withholding related to net-share settlement of restricted stock units (48,675) — (659) — — (659) Net income — — — — 6,986 6,986 Foreign currency translation adjustments — — — 299 — 299 Balance, June 30, 2020 28,647,086 29 284,075 (2,241) (167,517) 114,346 Exercise of stock options and vesting of restricted stock units 411,651 — 1,420 — — 1,420 Stock-based compensation expense — — 2,262 — — 2,262 Statutory tax withholding related to net-share settlement of restricted stock units (77,533) — (1,549) — — (1,549) Net income — — — — 3,712 3,712 Foreign currency translation adjustments — — — 438 — 438 Balance, September 30, 2020 28,981,204 $ 29 $ 286,208 $ (1,803) $ (163,805) $ 120,629 (1) The Company recorded a reduction to accumulated deficit at January 1, 2020 as a result of its adoption of ASU 2016-13, Financial Instruments - Credit Losses . Quarterly Activity For The Nine Months Ended September 30, 2019 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2018 27,347,115 $ 27 $ 271,550 $ (1,707) $ (180,232) $ 89,638 Exercise of stock options and vesting of restricted stock units 681,944 1 936 — — 937 Stock-based compensation expense — — 3,398 — — 3,398 Statutory tax withholding related to net-share settlement of restricted stock units (178,071) — (2,277) — — (2,277) Net loss — — — — (2,329) (2,329) Foreign currency translation adjustments — — — 78 — 78 Balance, March 31, 2019 27,850,988 28 273,607 (1,629) (182,561) 89,445 Exercise of stock options and vesting of restricted stock units 290,346 — 15 — — 15 Stock-based compensation expense — — 2,801 — — 2,801 Statutory tax withholding related to net-share settlement of restricted stock units (98,975) — (981) — — (981) Net loss — — — — (1,338) (1,338) Foreign currency translation adjustments — — — (143) — (143) Balance, June 30, 2019 28,042,359 28 275,442 (1,772) (183,899) 89,799 Exercise of stock options and vesting of restricted stock units 21,958 — 17 — — 17 Stock-based compensation expense — — 801 — — 801 Statutory tax withholding related to net-share settlement of restricted stock units (5,510) — (49) — — (49) Net income — — — — 1,729 1,729 Foreign currency translation adjustments — — — (530) — (530) Balance, September 30, 2019 28,058,807 $ 28 $ 276,211 $ (2,302) $ (182,170) $ 91,767

Business Combination, Goodwil_2

Business Combination, Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table shows the changes in the carrying amount of goodwill for the nine months ended September 30, 2020 (in thousands): Balance as of December 31, 2019 $ 23,486 Goodwill attributable to the BlueBoard acquisition 7,504 Balance as of September 30, 2020 $ 30,990
Schedule of Finite-Lived Intangible Assets	The estimated useful lives and amortization methodology used in computing amortization are as follows: Estimated Useful Life Amortization Methodology Customer relationships 7 years Straight-line Acquired technology 7 years Straight-line

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table summarizes revenue disaggregation by customer type for the three and nine months ended September 30, 2020 and 2019 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Retailers $ 21,214 $ 20,300 $ 64,202 $ 62,376 Brands 12,080 9,341 33,860 27,318 Other 1,991 2,037 6,698 5,490 $ 35,285 $ 31,678 $ 104,760 $ 95,184
Deferred Revenue	The following table summarizes deferred revenue activity for the nine months ended September 30, 2020 (in thousands): Balance, beginning of period Net additions Revenue recognized Balance, end of period Deferred revenue $ 21,459 78,909 (78,610) $ 21,758
Deferred Contract Costs	The following table summarizes deferred contract cost activity for the nine months ended September 30, 2020 (in thousands): Balance, beginning of period Additions Amortized costs (1) Balance, end of period Deferred contract costs $ 18,414 6,428 (4,623) $ 20,219 (1) Includes contract costs amortized to sales and marketing expense during the period and the impact from foreign currency exchange rate fluctuations.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2020
Share-based Payment Arrangement [Abstract]
Summary of Stock-Based Compensation Expense	Stock-based compensation expense is included in the following line items in the accompanying condensed consolidated statements of operations for the three and nine months ended September 30, 2020 and 2019 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 (1) 2020 2019 (1) Cost of revenue $ 203 $ 169 $ 760 $ 745 Sales and marketing 544 — 2,061 1,773 Research and development 485 454 1,708 1,696 General and administrative 1,030 178 3,203 2,786 Total stock-based compensation expense $ 2,262 $ 801 $ 7,732 $ 7,000
Summary of Awards Granted in Period	During the nine months ended September 30, 2020, the Company granted the following share-based awards: Number of Shares Underlying Grant Weighted Average Grant Date Fair Value Restricted stock units 958,055 $ 11.32 Performance stock units 142,317 $ 9.27 Total share-based awards 1,100,372

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table summarizes the calculation of basic and diluted net income (loss) per share (in thousands, except share and per share data): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Basic: Net income (loss) $ 3,712 $ 1,729 $ 12,705 $ (1,938) Weighted average common shares outstanding, basic 28,802,310 28,049,199 28,485,547 27,824,696 Basic net income (loss) per share $ 0.13 $ 0.06 $ 0.45 $ (0.07) Diluted: Net income (loss) $ 3,712 $ 1,729 $ 12,705 $ (1,938) Weighted average common shares outstanding, basic 28,802,310 28,049,199 28,485,547 27,824,696 Dilutive effect of: Stock options 571,884 169,354 334,565 — Unvested restricted stock units 1,062,407 536,126 995,717 — Weighted average common shares outstanding, diluted 30,436,601 28,754,679 29,815,829 27,824,696 Diluted net income (loss) per share $ 0.12 $ 0.06 $ 0.43 $ (0.07)
Schedule of Securities Excluded from Calculation of Weighted Average Common Shares Outstanding	The following equity instruments have been excluded from the calculation of diluted net income (loss) per share because the effect is anti-dilutive: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Stock options 145,279 1,923,938 528,777 2,341,209 Restricted stock units 19,322 269,552 26,397 2,206,636

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
Summary of Revenue by Geography	The following table summarizes revenue by geography for the three and nine months ended September 30, 2020 and 2019 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 (1) 2020 2019 (1) Domestic $ 26,135 $ 23,537 $ 78,571 $ 71,207 International 9,150 8,141 26,189 23,977 Total revenue $ 35,285 $ 31,678 $ 104,760 $ 95,184

Stockholders' Equity (Detail)

Stockholders' Equity (Detail) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Jan. 01, 2020	Sep. 30, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 114,346	$ 103,117	$ 99,649	$ 89,799	$ 89,445	$ 89,638	$ 99,649	$ 89,638
Exercise of stock options and vesting of restricted stock units	1,420	2,047	87	17	15	937
Stock-based compensation expense	2,262	2,556	2,914	801	2,801	3,398
Statutory tax withholding related to net-share settlement of restricted stock units	(1,549)	(659)	(980)	(49)	(981)	(2,277)
Net income (loss)	3,712	6,986	2,007	1,729	(1,338)	(2,329)	12,705	(1,938)
Foreign currency translation adjustments	438	299	(800)	(530)	(143)	78	(63)	(595)
Cumulative effect of accounting change										$ 240
Ending balance	$ 120,629	$ 114,346	$ 103,117	$ 91,767	$ 89,799	$ 89,445	$ 120,629	$ 91,767
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)	28,647,086	28,365,069	28,077,469	28,042,359	27,850,988	27,347,115	28,077,469	27,347,115
Beginning balance	$ 29	$ 28	$ 28	$ 28	$ 28	$ 27	$ 28	$ 27
Exercise of stock options and vesting of restricted stock units (in shares)	411,651	330,692	394,998	21,958	290,346	681,944
Exercise of stock options and vesting of restricted stock units	$ 0	$ 1	$ 0	$ 0	$ 0	$ 1
Statutory tax withholding related to net-share settlement of restricted stock units (in shares)	(77,533)	(48,675)	(107,398)	(5,510)	(98,975)	(178,071)
Ending balance (in shares)	28,647,086	28,365,069	28,077,469	28,042,359	27,850,988	27,347,115	28,077,469	27,347,115	28,981,204		28,058,807
Ending balance	$ 29	$ 29	$ 28	$ 28	$ 28	$ 28	$ 29	$ 28
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	284,075	280,132	278,111	275,442	273,607	271,550	278,111	271,550
Exercise of stock options and vesting of restricted stock units	1,420	2,046	87	17	15	936
Stock-based compensation expense	2,262	2,556	2,914	801	2,801	3,398
Statutory tax withholding related to net-share settlement of restricted stock units	(1,549)	(659)	(980)	(49)	(981)	(2,277)
Ending balance	286,208	284,075	280,132	276,211	275,442	273,607	286,208	276,211
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(2,241)	(2,540)	(1,740)	(1,772)	(1,629)	(1,707)	(1,740)	(1,707)
Foreign currency translation adjustments	438	299	(800)	(530)	(143)	78
Ending balance	(1,803)	(2,241)	(2,540)	(2,302)	(1,772)	(1,629)	(1,803)	(2,302)
Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(167,517)	(174,503)	(176,750)	(183,899)	(182,561)	(180,232)	(176,750)	(180,232)
Net income (loss)	3,712	6,986	2,007	1,729	(1,338)	(2,329)
Cumulative effect of accounting change										$ 240
Ending balance	$ (163,805)	$ (167,517)	$ (174,503)	$ (182,170)	$ (183,899)	$ (182,561)	$ (163,805)	$ (182,170)

Business Combination, Goodwil_3

Business Combination, Goodwill and Intangible Assets - Business Combination Narrative (Details) - USD ($) $ in Thousands	Jul. 23, 2020	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Goodwill acquired		$ 30,990	$ 30,990	$ 23,486
BlueBoard
Business Acquisition [Line Items]
Cash payment to acquire business	$ 9,000
Contingent consideration (up to)	3,000
Business acquisition, contingent liability	1,500	1,500	1,500
Consideration transferred	10,500
Goodwill acquired	7,500
Identifiable intangible assets acquired	3,700
Long-term deferred tax liabilities acquired	600
Working capital liability acquired	100
Transaction costs incurred		$ 200	$ 400
Acquired technology | BlueBoard
Business Acquisition [Line Items]
Identifiable intangible assets acquired	3,300
Customer relationships | BlueBoard
Business Acquisition [Line Items]
Identifiable intangible assets acquired	$ 400

Business Combination, Goodwil_4

Business Combination, Goodwill and Intangible Assets - Goodwill Rollforward (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Goodwill [Roll Forward]
Balance as of December 31, 2019	$ 23,486
Goodwill attributable to the BlueBoard acquisition	7,504
Balance as of September 30, 2020	$ 30,990

Business Combination, Goodwil_5

Business Combination, Goodwill and Intangible Assets - Estimated Useful Lives and Amortization Methodology (Detail)	9 Months Ended
	Sep. 30, 2020
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible asset (in years)	7 years
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible asset (in years)	7 years

Business Combination, Goodwil_6

Business Combination, Goodwill and Intangible Assets - Goodwill and Intangible Assets Narrative (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Change in goodwill					$ 0
Amortization expense	$ 300,000	$ 200,000	$ 600,000	$ 500,000

Fair Value of Measurements - Na

Fair Value of Measurements - Narrative (Details) - BlueBoard - USD ($) $ in Millions	Sep. 30, 2020	Jul. 23, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business acquisition, contingent liability	$ 1.5	$ 1.5
Other Current Liabilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business acquisition, contingent liability	0.9
Other Long-Term Liabilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business acquisition, contingent liability	$ 0.6

Capitalized Software Developm_2

Capitalized Software Development Costs - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Capitalized software development costs	$ 900,000	$ 700,000	$ 2,300,000	$ 2,000,000
Capitalized software development costs amortization	500,000	$ 200,000	1,300,000	$ 500,000
Capitalized software development costs, net	$ 3,900,000		$ 3,900,000		$ 2,900,000

Line of Credit - Narrative (Det

Line of Credit - Narrative (Details) - Line of Credit - 2020 Revolving Credit Facility	Aug. 05, 2020USD ($)
Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 25,000,000
Maximum increase allowed during term	$ 10,000,000
Line of credit facility, unused capacity, commitment fee percentage	0.50%
Revolving Credit Facility | Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.25%
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Basis spread on variable rate	3.25%
Letter of Credit
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 10,000,000
Outstanding letters of credit interest rate	3.25%

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 35,285	$ 31,678	$ 104,760	$ 95,184
Retailers
Disaggregation of Revenue [Line Items]
Revenue	21,214	20,300	64,202	62,376
Brands
Disaggregation of Revenue [Line Items]
Revenue	12,080	9,341	33,860	27,318
Other
Disaggregation of Revenue [Line Items]
Revenue	$ 1,991	$ 2,037	$ 6,698	$ 5,490

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Jan. 01, 2020	Dec. 31, 2019
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Contract period	12 months
Payment period	30 days
Revenue	$ 104,800
Deferred contract costs, current	$ 6,800
Capitalized contract cost, amortization period	5 years
Deferred revenue	$ 21,368	$ 11,900	$ 21,000
Marketplaces and Digital Marketing [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Contract period	1 year

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Transaction Price Allocated to Future Performance Obligations (Detail) $ in Millions	Sep. 30, 2020USD ($)
Revenue from Contract with Customer [Abstract]
Remaining performance obligation	$ 28.9
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01
Revenue from Contract with Customer [Abstract]
Remaining performance obligation	$ 17.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation period	12 months

Revenue from Contracts with C_6

Revenue from Contracts with Customers - Deferred Revenue (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Deferred revenue
Balance, beginning of period	$ 21,459
Net additions	78,909
Revenue recognized	(78,610)
Balance, end of period	$ 21,758

Revenue from Contracts with C_7

Revenue from Contracts with Customers - Costs to Obtain Contracts (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Deferred contract costs
Balance, beginning of period	$ 18,414
Additions	6,428
Amortized costs	(4,623)
Balance, end of period	$ 20,219

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Stock-Based Compensation [Line Items]
Stock-based compensation expense	$ 2,262	$ 801	$ 7,732	$ 7,000
Cost of revenue
Stock-Based Compensation [Line Items]
Stock-based compensation expense	203	169	760	745
Sales and marketing
Stock-Based Compensation [Line Items]
Stock-based compensation expense	544	0	2,061	1,773
Research and development
Stock-Based Compensation [Line Items]
Stock-based compensation expense	485	454	1,708	1,696
General and administrative
Stock-Based Compensation [Line Items]
Stock-based compensation expense	$ 1,030	$ 178	$ 3,203	$ 2,786

Stock-Based Compensation - Gran

Stock-Based Compensation - Grants in Period (Detail)	9 Months Ended
	Sep. 30, 2020$ / sharesshares
Number of Shares Underlying Grant
Total share-based awards (in shares)	1,100,372
Restricted stock units
Number of Shares Underlying Grant
Restricted stock units (RSUs) (in shares)	958,055
Weighted Average Grant Date Fair Value
Restricted stock units (RSUs) (in dollars per share) | $ / shares	$ 11.32
Performance Shares [Member]
Number of Shares Underlying Grant
Restricted stock units (RSUs) (in shares)	142,317
Weighted Average Grant Date Fair Value
Restricted stock units (RSUs) (in dollars per share) | $ / shares	$ 9.27

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details)	9 Months Ended
	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent Of Executive Office Equity Awards Granted As Performance-Based Vesting Restricted Stock Units	50.00%
Share-based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%
Share-based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	150.00%

Net Income (Loss) Per Share - C

Net Income (Loss) Per Share - Calculation of Basic and Diluted Net Income (Loss) per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income (loss)	$ 3,712	$ 6,986	$ 2,007	$ 1,729	$ (1,338)	$ (2,329)	$ 12,705	$ (1,938)
Weighted average common shares outstanding, basic	28,802,310			28,049,199			28,485,547	27,824,696
Basic net income (loss) per share (in dollars per share)	$ 0.13			$ 0.06			$ 0.45	$ (0.07)
Weighted average common shares outstanding, diluted (in shares)	30,436,601			28,754,679			29,815,829	27,824,696
Diluted net income (loss) per share (in dollars per share)	$ 0.12			$ 0.06			$ 0.43	$ (0.07)
Stock options
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Dilutive effect (in shares)	571,884			169,354			334,565
Restricted stock units
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Dilutive effect (in shares)	1,062,407			536,126			995,717

Net Income (Loss) Per Share - A

Net Income (Loss) Per Share - Antidilutive Equity Instruments (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of weighted average common shares outstanding (in shares)	145,279	1,923,938	528,777	2,341,209
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of weighted average common shares outstanding (in shares)	19,322	269,552	26,397	2,206,636

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Effective tax rate	(11.20%)	11.00%	1.30%	(41.90%)
U.S. federal statutory rate	21.00%	21.00%	21.00%	21.00%

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2020segment
Segment Reporting [Abstract]
Number of reportable segment	1
Number of operating segment	1

Segment and Geographic Inform_4

Segment and Geographic Information - Summary of Revenue by Geography (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segment Reporting Information [Line Items]
Revenue	$ 35,285	$ 31,678	$ 104,760	$ 95,184
Domestic
Segment Reporting Information [Line Items]
Revenue	26,135	23,537	78,571	71,207
International
Segment Reporting Information [Line Items]
Revenue	$ 9,150	$ 8,141	$ 26,189	$ 23,977