Brightcove (BCOV) 10-Q 23 Oct 19 2019 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2019	Oct. 18, 2019
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity Registrant Name	BRIGHTCOVE INC
Entity Central Index Key	0001313275
Current Fiscal Year End Date	--12-31
Trading Symbol	BCOV
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		38,800,842
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Common Stock
Security Exchange Name	NASDAQ
Entity Address, State or Province	MA

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 22,649	$ 29,306
Accounts receivable, net of allowance of $447 and $190 at September 30, 2019 and December 31, 2018, respectively	31,485	23,264
Prepaid expenses	5,687	4,866
Other current assets	6,755	7,070
Total current assets	66,576	64,506
Property and equipment, net	11,142	9,703
Operating lease right-of-use asset	15,419
Intangible assets, net	14,967	5,919
Goodwill	61,010	50,776
Other assets	3,005	2,452
Total assets	172,119	133,356
Current liabilities:
Accounts payable	11,171	7,712
Accrued expenses	18,829	13,982
Operating lease liability	5,954
Deferred revenue	49,286	39,846
Total current liabilities	85,240	61,540
Operating lease liability, net of current portion	10,467
Other liabilities	890	1,202
Total liabilities	96,597	62,742
Commitments and contingencies (Note 11)
Stockholders' equity:
Undesignated preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued
Common stock, $0.001 par value; 100,000,000 shares authorized; 38,922,488 and 36,752,469 shares issued at September 30, 2019 and December 31, 2018, respectively	39	37
Additional paid-in capital	271,293	251,122
Treasury stock, at cost; 135,000 shares	(871)	(871)
Accumulated other comprehensive loss	(1,026)	(952)
Accumulated deficit	(193,913)	(178,722)
Total stockholders' equity	75,522	70,614
Total liabilities and stockholders' equity	$ 172,119	$ 133,356

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for accounts receivable	$ 447	$ 190
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	38,922,488	36,752,469
Treasury stock, shares	135,000	135,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue:
Revenue	$ 47,434	$ 41,121	$ 136,852	$ 123,969
Cost of revenue:
Cost of revenue	18,314	16,318	56,669	50,147
Gross profit	29,120	24,803	80,183	73,822
Operating expenses:
Research and development	8,127	8,314	23,150	23,832
Sales and marketing	14,567	14,009	45,650	42,508
General and administrative	6,245	5,621	17,485	18,056
Merger-related	2,539		8,091
Total operating expenses	31,478	27,944	94,376	84,396
Loss from operations	(2,358)	(3,141)	(14,193)	(10,574)
Other expense, net	(441)	(217)	(477)	(427)
Loss before income taxes	(2,799)	(3,358)	(14,670)	(11,001)
Provision for income taxes	171	144	521	410
Net loss	$ (2,970)	$ (3,502)	$ (15,191)	$ (11,411)
Net loss per share - basic and diluted	$ (0.08)	$ (0.10)	$ (0.40)	$ (0.32)
Weighted-average number of common shares used in computing net loss per share	38,564,314	36,212,246	37,738,739	35,564,311
Subscription and Support Revenue [Member]
Revenue:
Revenue	$ 45,424	$ 37,442	$ 129,192	$ 113,176
Cost of revenue:
Cost of revenue	16,686	13,142	50,237	39,723
Professional Services and Other Revenue [Member]
Revenue:
Revenue	2,010	3,679	7,660	10,793
Cost of revenue:
Cost of revenue	$ 1,628	$ 3,176	$ 6,432	$ 10,424

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net loss	$ (2,970)	$ (3,502)	$ (15,191)	$ (11,411)
Other comprehensive income:
Foreign currency translation adjustments	(134)	(116)	(74)	(189)
Comprehensive loss	$ (3,104)	$ (3,618)	$ (15,265)	$ (11,600)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Accumulated Deficit [Member]
Beginning Balance at Dec. 31, 2017		$ 35	$ 238,700	$ (871)	$ (809)	$ (170,299)
Beginning Balance, shares at Dec. 31, 2017		34,933,408
Treasury shares, beginning Balance at Dec. 31, 2017				(135,000)
Issuance of common stock upon exercise of stock options and pursuant to restricted stock units		$ 2	5,439
IIssuance of common stock upon exercise of stock options and pursuant to restricted stock units, shares		1,670,092
Withholding tax on restricted stock units vesting			(142)
Stock-based compensation expense			5,179
Impact of adoption of ASU 2014-09 as of January 1, 2018 at Dec. 31, 2017						5,605
Foreign currency translation adjustment	$ (189)				(189)
Net loss						(11,411)
Ending Balance at Sep. 30, 2018	71,239	$ 37	249,176	$ (871)	(998)	(176,105)
Ending Balance, shares at Sep. 30, 2018		36,603,500
Treasury stock, Ending Balance at Sep. 30, 2018				(135,000)
Beginning Balance at Jun. 30, 2018		$ 36	246,417	$ (871)	(882)	(172,603)
Beginning Balance, shares at Jun. 30, 2018		36,052,891
Treasury shares, beginning Balance at Jun. 30, 2018				(135,000)
Issuance of common stock upon exercise of stock options and pursuant to restricted stock units		$ 1	1,219
IIssuance of common stock upon exercise of stock options and pursuant to restricted stock units, shares		550,609
Withholding tax on restricted stock units vesting			(29)
Stock-based compensation expense			1,569
Foreign currency translation adjustment	(116)				(116)
Net loss						(3,502)
Ending Balance at Sep. 30, 2018	71,239	$ 37	249,176	$ (871)	(998)	(176,105)
Ending Balance, shares at Sep. 30, 2018		36,603,500
Treasury stock, Ending Balance at Sep. 30, 2018				(135,000)
Beginning Balance at Dec. 31, 2018	$ 70,614	$ 37	251,122	$ (871)	(952)	(178,722)
Beginning Balance, shares at Dec. 31, 2018		36,752,469
Treasury shares, beginning Balance at Dec. 31, 2018	(135,000)			(135,000)
Issuance of common stock upon exercise of stock options and pursuant to restricted stock units		$ 1	3,215
IIssuance of common stock upon exercise of stock options and pursuant to restricted stock units, shares		883,173
Withholding tax on restricted stock units vesting			(32)
Issuance of common stock upon acquisition		$ 1	12,249
Issuance of common stock upon acquisition (shares)		1,286,846
Stock-based compensation expense			4,739
Impact of adoption of ASU 2014-09 as of January 1, 2018 at Dec. 31, 2018						0
Foreign currency translation adjustment	$ (74)				(74)
Net loss						(15,191)
Ending Balance at Sep. 30, 2019	$ 75,522	$ 39	271,293	$ (871)	(1,026)	(193,913)
Ending Balance, shares at Sep. 30, 2019		38,922,488
Treasury stock, Ending Balance at Sep. 30, 2019	135,000			(135,000)
Beginning Balance at Jun. 30, 2019		$ 38	264,765	$ (871)	(892)	(190,943)
Beginning Balance, shares at Jun. 30, 2019		38,219,843
Treasury shares, beginning Balance at Jun. 30, 2019				(135,000)
Issuance of common stock upon exercise of stock options and pursuant to restricted stock units		$ 1	1,372
IIssuance of common stock upon exercise of stock options and pursuant to restricted stock units, shares		472,562
Withholding tax on restricted stock units vesting			(32)
Issuance of common stock upon acquisition		$ 0	3,383
Issuance of common stock upon acquisition (shares)		230,083
Stock-based compensation expense			1,805
Impact of adoption of ASU 2014-09 as of January 1, 2018 at Jun. 30, 2019						0
Foreign currency translation adjustment	$ (134)				(134)
Net loss						(2,970)
Ending Balance at Sep. 30, 2019	$ 75,522	$ 39	$ 271,293	$ (871)	$ (1,026)	$ (193,913)
Ending Balance, shares at Sep. 30, 2019		38,922,488
Treasury stock, Ending Balance at Sep. 30, 2019	135,000			(135,000)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Operating activities
Net loss	$ (15,191)	$ (11,411)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	6,150	5,164
Stock-based compensation	4,504	5,022
Provision for reserves on accounts receivable	559	99
Changes in assets and liabilities:
Accounts receivable	(5,477)	1,998
Prepaid expenses and other current assets	642	(118)
Other assets	(503)	(355)
Accounts payable	2,635	(1,262)
Accrued expenses	4,510	1,964
Operating leases	(261)
Deferred revenue	3,061	(1,335)
Net cash provided by (used in) operating activities	629	(234)
Investing activities
Cash paid for acquisition, net of cash acquired	(5,402)
Purchases of property and equipment	(600)	(1,322)
Capitalized internal-use software costs	(4,264)	(2,527)
Net cash used in investing activities	(10,266)	(3,849)
Financing activities
Proceeds from exercise of stock options	3,215	5,440
Other financing activities	(208)	(428)
Net cash provided by financing activities	3,007	5,012
Effect of exchange rate changes on cash and cash equivalents	(27)	(206)
Net (decrease) increase in cash and cash equivalents	(6,657)	723
Cash and cash equivalents at beginning of period	29,306	26,132
Cash and cash equivalents at end of period	22,649	$ 26,855
Supplemental disclosure of cash flow information
Cash paid for operating lease liabilities	1,829
Supplemental disclosure of non-cash investing activities
Fair value of shares issued for acquisition of a business	$ 12,250

Business Description and Basis

Business Description and Basis of Presentation	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description and Basis of Presentation	1. Business Description and Basis of Presentation Business Description Brightcove Inc. (the Company) is a leading global provider of cloud services for video which enable its customers to publish and distribute video to Internet-connected devices quickly, easily and in a cost-effective and high-quality manner. The Company is headquartered in Boston, Massachusetts and was incorporated in the state of Delaware on August 24, 2004. Basis of Presentation The accompanying interim condensed consolidated financial statements are unaudited. These condensed consolidated financial statements and notes should be read in conjunction with the audited consolidated financial statements and related notes, together with Management’s Discussion and Analysis of Financial Condition and Results of Operations, contained in the Company’s Annual Report on Form 10-K The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, other than the changes to accounting for leases as described in Note 14, the unaudited condensed consolidated financial statements and notes have been prepared on the same basis as the audited consolidated financial statements for the year ended December 31, 2018 contained in the Company’s Annual Report on Form 10-K The Company considers events or transactions that occur after the balance sheet date but prior to the issuance of the financial statements to provide additional evidence for certain estimates or to identify matters that require additional disclosure. Subsequent events have been evaluated as required. The Company has evaluated all subsequent events and determined that there are no material recognized or unrecognized subsequent events requiring disclosure, other than those disclosed in this Report on Form 10-Q. The accompanying condensed consolidated financial statements reflect the application of certain significant accounting policies as described below and elsewhere in these notes to the condensed consolidated financial statements. As described in footnote 14 Standards Update (“ASU”) 2016-02, Leases (Topic 842), Amendments to the FASB Accounting Standards Codification the accounting for 10-K

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Business Combination Disclosure	2. Business Combinations Ooyala On April 1, 2019, pursuant to an Asset Purchase and Sale Agreement (the “Purchase Agreement”), the Company completed its acquisition of the online video platform assets of Ooyala, Inc. and certain of its subsidiaries (“Ooyala”), a provider of cloud video technology, in exchange for common stock of the Company and cash (the “Ooyala Acquisition”). At the closing, the Company issued 1,056,763 unregistered shares of common stock of the Company valued at $8.9 million and paid $2.6 million in cash Pursuant to the Purchase Agreement, approximately $2.65 million of the cash consideration was placed into an escrow account to secure payment of any claims of indemnification for breaches or inaccuracies in the Sellers’ representations and warranties, covenants and agreements. The Ooyala Acquisition was accounted for using the purchase method of accounting in accordance with Accounting Standards Codification 805 — Business Combinations The process for estimating the fair values of identifiable intangible assets and certain tangible assets requires the use of significant estimates and assumptions, including estimating future cash flows and developing appropriate discount rates. Definitive allocations are being performed and finalized based on certain valuations and other studies performed by the Company with the services of valuation pro fessionals During the three and nine months ended September 30, 2019, the Company incurred $2.0 million and $7.6 million, respectively, of merger-related costs related to the Ooyala Acquisition. The excess of the purchase price over the estimated amounts of net assets as of the effective date of the acquisition was allocated to goodwill in accordance with the accounting guidance. The factors contributing to the recognition of the amount of goodwill are based on several strategic and synergistic benefits that are expected to be realized from the Ooyala Acquisition. These benefits include the acquired workforce and with the Company’s direct sales force and larger channel coverage, the Company anticipates significant cross-selling opportunities. The goodwill is expected to be deductible for tax purposes. The total purchase price for Ooyala has been allocated as follows: Accounts receivable $ 2,904 Other tangible assets 620 Identifiable intangible assets 9,765 Goodwill 4,762 Deferred revenue (6,425 ) Other liabilities (196 ) Total estimated purchase price $ 11,430 The following are the identifiable intangible assets acquired and their respective useful lives, as determined based on preliminary valuations: Amount Useful Customer relationships $ 9,127 7 Developed technology 638 1 Total $ 9,765 The preliminary fair value of the intangible assets has been estimated using the income approach in which the after-tax The estimated amortization expense for 2019 and for each of the five succeeding years and thereafter is as follows: Year Ending December 31, Amount 2019 $ 1,456 2020 1,463 2021 1,304 2022 1,304 2023 1,304 2024 and thereafter 2,934 Total $ 9,765 Pro Forma Financial Information The unaudited financial information in the table below summarizes the combined results of operations of the Company and Ooyala, on a pro forma basis, as though the Company had acquired Ooyala at the beginning of the periods presented. The pro forma information for all periods presented also includes the effects of business combination accounting resulting from the acquisition. Three Months Nine Months Ended 2018 2019 2018 Total revenue $ 48,736 $ 144,467 $ 146,814 Net loss (4,215 ) (13,904 ) (12,151 ) Earnings per share - (0.11 ) (0.37 ) (0.33 ) Revenue from the Ooyala Acquisition for the three and nine months ended September 30, 2019 was $5.9 million and $12.1 million, respectively. Net income from the Ooyala Acquisition for the three and nine months ended September 30, 2019 was $1.1 million and $1.4 million, respectively. Other Business Combinations On August 1, 2019, pursuant to a Share Purchase Agreement (the “SPA”), the Company completed its acquisition of a company and its subsidiary (the “August Acquisition”) in exchange for common stock of the Company and cash. Consideration was comprised of: (a) , which 40,603 were held ba ck inaccuracies in the sellers’ representations and warranties, covenants and agreements , (b) approximately $3.3 million in cash, of which $488 was held back to secure payment of any claims of indemnification for breaches or inaccuracies in the Sellers’ representations and warranties, covenants and agreements, and (c) approximately $1 million in cash for cash acquired as part of the transaction . The August Acquisition was accounted for using the purchase method of accounting in accordance with Accounting Standards Codification 805 — Business Combinations statements. Additionally, the Company is in the process of evaluating the accounting of the deferred consideration for the amounts held back for security against indemnification, as well as standard representations and warranties made by the seller . During the three and nine months ended September 30, 2019, the Company incurred $500 of merger-related costs related to the August Acquisition. The excess of the purchase price over the estimated amounts of net assets as of the effective date of the acquisition was allocated to goodwill in accordance with the accounting guidance. The factors contributing to the recognition of the amount of goodwill are based on several strategic and synergistic benefits that are expected to be realized from the August Acquisition. These benefits include the acquired workforce and opportunities to expand the Company’s offerings in target market segments . The goodwill is expected to be no n- The total purchase price for the August Acquisition has been allocated as follows: Cash $ 981 Accounts receivable 393 Other tangible assets 210 Identifiable intangible assets 1,525 Goodwill 5,472 Accounts payable (177 ) Deferred revenue (138 ) Accrued expenses (322 ) Deferred tax liability (264 ) Total estimated purchase price $ 7,680 The following are the identifiable intangible assets acquired and their respective useful lives, as determined based on preliminary valuations: Amount Useful Life Developed technology $ 232 4 Customer relationships 1,293 4 Total $ 1,525 The preliminary fair value of the intangible assets has been estimated using the income approach in which the after-tax The estimated remaining amortization expense for 2019 and for each of the five succeeding years and thereafter is as follows: Year Ending December 31, Amount 2019 $ 160 2020 381 2021 381 2022 381 2023 222 2024 and thereafter — Total $ 1,525 Pro forma results of operations for the August Acquisition have not been presented because the effect of the acquisition is not material to the Company’s consolidated financial results. Revenue and earnings attributable to acquired operations since the date of the acquisition are included in the Company’s consolidated statements of operations The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 were as follows: Balance as of January 1, 2019 $ 50,776 Goodwill from acquisitions 10,234 Balance as of September 30, 2019 $ 61,010

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	3. Revenue from Contracts with Customers The Company primarily derives revenue from the sale of its online video platform, which enables its customers to publish and distribute video to Internet-connected devices quickly, easily and in a cost-effective and high-quality manner. Revenue is derived from three primary sources: (1) the subscription to its technology and related support; (2) hosting, bandwidth and encoding services; and (3) professional services, which include initiation, set-up and The following summarizes the opening and closing balances of receivables, contract assets and contract liabilities from contracts with customers. Accounts net Contract Deferred Deferred (non-current) Total Balance at December 31, 2018 $ 23,264 $ 1,640 $ 39,846 $ 146 $ 39,992 Balance at September 30, 2019 31,485 1,786 49,286 428 49,714 Revenue recognized during the three and nine months ended September 30, 2019 from amounts included in deferred revenue at the beginning of the period was approximately $6.4 million and $37.6 million, respectively. During the three and nine months ended September 30, 2019, the Company did not recognize a material amount of revenue from performance obligations satisfied or partially satisfied in previous periods . The assets recognized for costs to obtain a contract were $5.7 million as of September 30, 2019 and $ 5.9 Transaction Price Allocated to Future Performance Obligations As of September 30, 2019, the total aggregate transaction price allocated to the unsatisfied performance obligations for subscription and support contracts was approximately $125.7 million, of which approximately $100.6 million is expected to be recognized over the next 12 months. The Company expects to recognize substantially all of the remaining unsatisfied performance obligations by December 2022

Concentration of Credit Risk

Concentration of Credit Risk	9 Months Ended
	Sep. 30, 2019
Risks and Uncertainties [Abstract]
Concentration of Credit Risk	4. Concentration of Credit Risk The Company has no significant off-balance sheet At September 30, 2019 and December 31, 2018, no individual customer accounted for 10 10

Concentration of Other Risks

Concentration of Other Risks	9 Months Ended
	Sep. 30, 2019
Text Block [Abstract]
Concentration of Other Risks	5. Concentration of Other Risks The Company is dependent on certain content delivery network providers who provide digital media delivery functionality enabling the Company’s on-demand application ultimate end-users. The

Cash and Cash Equivalents

Cash and Cash Equivalents	9 Months Ended
	Sep. 30, 2019
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	6. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less at the date of purchase to be cash equivalents. Management determines the appropriate classification of investments at the time of purchase, and re-evaluates such Cash and cash equivalents primarily consist of cash on deposit with banks and amounts held in interest-bearing money market accounts. Cash equivalents are carried at cost, which approximates their fair market value. Cash and cash equivalents as of September 30, 2019 consist of the following: September 30, 2019 Description Contracted Maturity Cost Fair Market Value Balance Per Balance Sheet Cash Demand $ 22,608 $ 22,608 $ 22,608 Money market funds Demand 41 41 41 Total cash and cash equivalents $ 22,649 $ 22,649 $ 22,649 Cash and cash equivalents as of December 31, 2018 consist of the following: December 31, 2018 Description Contracted Maturity Cost Fair Market Value Balance Per Balance Sheet Cash Demand $ 21,007 $ 21,007 $ 21,007 Money market funds Demand 8,299 8,299 8,299 Total cash and cash equivalents $ 29,306 $ 29,306 $ 29,306

Net Loss per Share

Net Loss per Share	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Net Loss per Share	7. Net Loss per Share The Company calculates basic and diluted net loss per common share by dividing the net loss by the number of common shares outstanding during the period. The Company has excluded other potentially dilutive shares, which include warrants to purchase common stock and outstanding common stock options and unvested restricted stock units, from the number of common shares outstanding as their inclusion in the computation for all periods would be anti-dilutive due to net losses incurred. The following outstanding common shares have been excluded from the computation of dilutive net loss per share as of September 30, 2019 and 2018 (in thousands). Three Months Ended Nine Months Ended 2019 2018 2019 2018 Options outstanding 2,522 3,079 2,522 3,079 Restricted stock units outstanding 3,244 2,477 3,244 2,477

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	8. Fair Value of Financial Instruments The following tables set forth the Company’s financial instruments carried at fair value using the lowest level of input as of September 30, 2019 and December 31, 2018: September 30, 2019 Quoted Prices in Active Markets for Identical Items (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets: Money market funds $ 41 $ — $ — $ 41 Total assets $ 41 $ — $ — $ 41 December 31, 2018 Quoted Prices in Active Markets for Identical Items (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets: Money market funds $ 8,299 $ — $ — $ 8,299 Total assets $ 8,299 $ — $ — $ 8,299

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	9. Stock-based Compensation The weighted-average fair value of options granted during the three months ended September 30, 2019 and 2018 was $5.21 and $3.89 per share, respectively. The weighted-average fair value of options granted during the nine months ended September 30, 2019 and 2018 was $4.54 and $4.16 per share, respectively. The weighted-average assumptions utilized to determine such values are presented in the following table: Three Months Ended Nine Months Ended 2019 2018 2019 2018 Expected life in years 6.2 6.3 6.2 6.2 Risk-free interest rate 1.85 % 2.92 % 2.30 % 2.88 % Volatility 44 % 42 % 44 % 43 % Dividend yield — — — — The Company recorded stock-based compensation expense of $1.7 million million million million million The following table summarizes stock-based compensation expense as included in the consolidated statement of operations for the three and nine months ended September 30, 2019 and 2018: Three Months Ended Nine Months Ended 2019 2018 2019 2018 Stock-based compensation : Cost of subscription and support revenue $ 127 $ 140 $ 341 $ 373 Cost of professional services and other revenue 71 69 223 155 Research and development 323 283 855 932 Sales and marketing 602 437 1,411 1,885 General and administrative 598 593 1,674 1,677 $ 1,721 $ 1,522 $ 4,504 $ 5,022 The following is a summary of the stock option activity during the nine months ended September 30, 2019. Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value (1) Outstanding at December 31, 2018 2,737,655 $ 8.57 Granted 692,038 10.00 Exercised (427,429 ) 7.52 $ 1,155 Canceled (479,918 ) 9.42 Outstanding at September 30, 2019 2,522,346 $ 8.98 7.34 $ 4,224 Exercisable at September 30, 2019 1,113,395 $ 8.36 5.40 $ 2,622 (1) The aggregate intrinsic value was calculated based on the positive difference between the fair value of the Company’s common stock on September 30, 2019 of $ 10.48 The following table summarizes the restricted stock unit activity during the nine months ended September 30, 2019: Shares Weighted Average Grant Date Fair Value Unvested at 3,033,582 $ 8.07 Granted 1,388,172 11.03 Vested and issued (455,744 ) 8.03 Canceled (721,827 ) 8.08 Unvested at 3,244,183 $ 9.07

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes For the three months ended September 30, 2019 and 2018, the Company recorded income tax expense of $171 and $144, respectively. For the nine months ended September 30, 2019 and 2018, the Company recorded income tax expense of $521 and $410, respectively. The income tax expense relates principally to the Company’s foreign operations. The Company is required to compute income tax expense in each jurisdiction in which it operates. This process requires the Company to project its current tax liability and estimate its deferred tax assets and liabilities, including net operating loss (“NOL”) and tax credit carry-forwards. In assessing the ability to realize the net deferred tax assets, management considers whether it is more likely than not that some portion or all of the net deferred tax assets will not be realized. The Company has provided a valuation allowance against its remaining U.S. net deferred tax assets as of September 30, 2019 and December 31, 2018, based upon the level of historical U.S. losses and future projections over the period in which the net deferred tax assets are deductible, at this time, management believes it is more likely than not that the Company will not realize the benefits of these deductible differences. The Company maintains net deferred tax liabilities for temporary differences related to its foreign subsidiaries.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Legal Matters On January 30, 2019, Uniloc 2017 LLC (“Uniloc”) filed a complaint against the Company and its subsidiary, Brightcove Holdings, Inc. in the United States District Court for the District of Delaware. The complaint alleges that the Company infringed four patents and seeks monetary damages and other relief. The Company answered the complaint on March 25, 2019 and Uniloc filed an amended complaint on April 9, 2019. The Company filed an answer to the amended complaint on April 23, 2019. The Company cannot yet determine whether it is probable that a loss will be incurred in connection with this complaint, nor can the Company reasonably estimate the potential loss, if any. On or about June 24, 2019, Dynamic Data Technologies, LLC (“DDT”) filed a complaint against the Company and its subsidiary, Brightcove Holdings, Inc., in the United States District Court for the District of Delaware. The complaint alleges that the Company infringed patents owned by DDT and seeks monetary damages and other relief. The Company filed a mo t dismiss and that motion is pending r eview by the cou rt The Company, from time to time, is party to litigation arising in the ordinary course of business. Management does not believe that the outcome of these claims will have a material adverse effect on the consolidated financial position, results of operations or cash flows of the Company based on the status of proceedings at this time. Guarantees and Indemnification Obligations The Company typically enters into indemnification agreements in the ordinary course of business. Pursuant to these agreements, the Company indemnifies and agrees to reimburse the indemnified party for losses and costs incurred by the indemnified party, generally the Company’s customers, in connection with patent, copyright, trade secret, or other intellectual property or personal right infringement claims by third parties with respect to the Company’s technology. The term of these indemnification agreements is generally perpetual after execution of the agreement. Based on when customers first subscribe for the Company’s service, the maximum potential amount of future payments the Company could be required to make under certain of these indemnification agreements is unlimited, however, more recently the Company has typically limited the maximum potential value of such potential future payments in relation to the value of the contract. Based on historical experience and information known as of September 30, 2019, the Company has not incurred any costs for the above guarantees and indemnities. The Company has received requests for indemnification from customers in connection with patent infringement suits brought against the customer by a third party. To date, the Company has not agreed that the requested indemnification is required by the Company’s contract with any such customer. In certain circumstances, the Company warrants that its products and services will perform in all material respects in accordance with its standard published specification documentation in effect at the time of delivery of the licensed products and services to the customer for the warranty period of the product or service. To date, the Company has not incurred significant expense under its warranties and, as a result, the Company believes the estimated fair value of these agreements is immaterial.

Debt

Debt	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Debt	12. Debt On December 14, 2018, the Company entered into an amended and restated loan and security agreement with a lender (the “Loan Agreement”) providing for up to a $30.0 million asset based line of credit (the “Line of Credit”). Under the Line of Credit, the Company can borrow up to $30.0 million. Borrowings under the Line of Credit are secured by substantially all of the Company’s assets, excluding its intellectual property. Outstanding amounts under the Line of Credit accrue interest at a rate as follows: (i) for prime rate advances, the greater of (A) the prime rate and (B) 4%, and (ii) for LIBOR advances, the greater of (A) the LIBOR rate plus 225 basis points and (B) 4%. Under the Loan Agreement, the Company must comply with certain financial covenants, including maintaining a minimum asset coverage ratio. If the outstanding principal during any month is at least $15.0 million, the Company must also maintain a minimum net income threshold based on non-GAAP operating measures.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Segment Information	13. Segment Information Geographic Data Total revenue from unaffiliated customers by geographic area, based on the location of the customer, was as follows: Three Months Ended Nine Months Ended 2019 2018 2019 2018 Revenue: North America $ 24,904 $ 21,834 $ 72,425 $ 67,351 Europe 8,178 7,491 22,814 20,538 Japan 5,391 5,464 16,725 16,319 Asia Pacific 8,646 6,125 24,009 19,292 Other 315 207 879 469 Total revenue $ 47,434 $ 41,121 $ 136,852 $ 123,969 North America is comprised of revenue from the United States, Canada and Mexico. Revenue from customers located in the United States was $23,162 and $20,521 during the three months ended September 30, 2019 and 2018, respectively. Revenue from customers located in the United States was $67,534 and $63,345 during the nine months ended September 30, 2019 and 2018, respectively. Other than the United States and Japan, no other country contributed more than 10% of the Company’s total revenue during the three and nine months ended September 30, 2019 and 2018. As of September 30, 2019 and December 31, 2018, property and equipment at locations outside the U.S. was not material.

Recently Issued and Adopted Acc

Recently Issued and Adopted Accounting Standards	9 Months Ended
	Sep. 30, 2019
Accounting Changes and Error Corrections [Abstract]
Recently Issued and Adopted Accounting Standards	14. Recently Issued and Adopted Accounting Standards Effective January 1, 2019, the Company adopted ASC 842, which replaced the existing guidance for leases using the transition method introduced by ASU 2018-11, Under ASC 842, a right-of-use right-of-use catch-up The new standard provided various practical expedients, which were assessed to determine the ultimate impact of the new standard upon adoption. The Company elected the package of practical expedients, which permits the Company to not reassess (1) whether any expired or existing contracts are or contain leases, (2) the lease classification for any expired or existing leases and (3) any initial direct costs for any existing leases as of the effective date. The Company also elected the practical expedients to not apply the recognition requirements in the standard to a lease that at commencement date has a lease term of twelve months or less and does not contain a purchase option that it is reasonably certain to exercise and to not separate lease and related non-lease The Company leases its facilities under non-cancelable Right-of-use Right-of-use The Company’s operating lease expense was $2 million million million million During the second quarter of 2019, the Company entered into a new lease in its Singapore location with a lease liability of $779. The weighted-average remaining non-cancelable The Company’s operating leases expire at various dates through 2024. The following shows the undiscounted cash flows for the remainder of 2019 and remaining years under operating leases at September 30, 2019: Year Ending December 31, Operating 2019 $ 1,746 2020 6,072 2021 5,349 2022 2,262 2023 1,069 2024 and thereafter 954 $ 17,452

Restructuring

Restructuring	9 Months Ended
	Sep. 30, 2019
Restructuring and Related Activities [Abstract]
Restructuring	15. Restructuring During the second quarter of 2019, the Company committed to an action to restructure certain parts of the Company with the intent of aligning skills with the Company’s strategy and facilitating cost efficiencies and savings. As a result , Condensed Consolidated Statements of Operations - amount s due

Business Description and Basi_2

Business Description and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description	Business Description Brightcove Inc. (the Company) is a leading global provider of cloud services for video which enable its customers to publish and distribute video to Internet-connected devices quickly, easily and in a cost-effective and high-quality manner. The Company is headquartered in Boston, Massachusetts and was incorporated in the state of Delaware on August 24, 2004.
Basis of Presentation	Basis of Presentation The accompanying interim condensed consolidated financial statements are unaudited. These condensed consolidated financial statements and notes should be read in conjunction with the audited consolidated financial statements and related notes, together with Management’s Discussion and Analysis of Financial Condition and Results of Operations, contained in the Company’s Annual Report on Form 10-K The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, other than the changes to accounting for leases as described in Note 14, the unaudited condensed consolidated financial statements and notes have been prepared on the same basis as the audited consolidated financial statements for the year ended December 31, 2018 contained in the Company’s Annual Report on Form 10-K The Company considers events or transactions that occur after the balance sheet date but prior to the issuance of the financial statements to provide additional evidence for certain estimates or to identify matters that require additional disclosure. Subsequent events have been evaluated as required. The Company has evaluated all subsequent events and determined that there are no material recognized or unrecognized subsequent events requiring disclosure, other than those disclosed in this Report on Form 10-Q. The accompanying condensed consolidated financial statements reflect the application of certain significant accounting policies as described below and elsewhere in these notes to the condensed consolidated financial statements. As described in footnote 14 Standards Update (“ASU”) 2016-02, Leases (Topic 842), Amendments to the FASB Accounting Standards Codification the accounting for 10-K

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
	Sep. 30, 2019
Business Acquisition [Line Items]
Schedule of Total Purchase Price	The total purchase price for Ooyala has been allocated as follows: Accounts receivable $ 2,904 Other tangible assets 620 Identifiable intangible assets 9,765 Goodwill 4,762 Deferred revenue (6,425 ) Other liabilities (196 ) Total estimated purchase price $ 11,430
Schedule of Identifiable Intangible Assets Acquired and Their respective Useful Lives	The following are the identifiable intangible assets acquired and their respective useful lives, as determined based on preliminary valuations: Amount Useful Customer relationships $ 9,127 7 Developed technology 638 1 Total $ 9,765
Schedule of Estimated Remaining Amortization Expense	The estimated amortization expense for 2019 and for each of the five succeeding years and thereafter is as follows: Year Ending December 31, Amount 2019 $ 1,456 2020 1,463 2021 1,304 2022 1,304 2023 1,304 2024 and thereafter 2,934 Total $ 9,765
Schedule of Pro Forma Financial Information	The pro forma information for all periods presented also includes the effects of business combination accounting resulting from the acquisition. Three Months Nine Months Ended September 30, 2018 2019 2018 Total revenue $ 48,736 $ 144,467 $ 146,814 Net loss (4,215 ) (13,904 ) (12,151 ) Earnings per share - (0.11 ) (0.37 ) (0.33 )
Schedule of Goodwill	The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 were as follows: Balance as of January 1, 2019 $ 50,776 Goodwill from acquisitions 10,234 Balance as of September 30, 2019 $ 61,010
Other Business Combinations [Member]
Business Acquisition [Line Items]
Schedule of Total Purchase Price	The total purchase price for the August Acquisition has been allocated as follows: Cas h $ 981 Accounts receivabl e 393 Other tangible asset s 210 Identifiable intangible assets 1,525 Goodwill 5,472 Accounts payable (177 ) Deferred revenue (138 ) Accrued expenses (322 ) Deferred tax liability (264 ) Total estimated purchase price $ 7,680
Schedule of Identifiable Intangible Assets Acquired and Their respective Useful Lives	The following are the identifiable intangible assets acquired and their respective useful lives, as determined based on preliminary valuations: Amount Useful Life Developed technology $ 232 4 Customer relationships 1,293 4 Total $ 1,525
Schedule of Estimated Remaining Amortization Expense	The estimated remaining amortization expense for 2019 and for each of the five succeeding years and thereafter is as follows: Year Ending December 31, Amount 2019 $ 160 2020 381 2021 381 2022 381 2023 222 2024 and thereafter — Total $ 1,525

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers	The following summarizes the opening and closing balances of receivables, contract assets and contract liabilities from contracts with customers. Accounts net Contract Deferred Deferred (non-current) Total Balance at December 31, 2018 $ 23,264 $ 1,640 $ 39,846 $ 146 $ 39,992 Balance at September 30, 2019 31,485 1,786 49,286 428 49,714

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	9 Months Ended
	Sep. 30, 2019
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	Cash and cash equivalents as of September 30, 2019 consist of the following: September 30, 2019 Description Contracted Maturity Cost Fair Market Value Balance Per Balance Sheet Cash Demand $ 22,608 $ 22,608 $ 22,608 Money market funds Demand 41 41 41 Total cash and cash equivalents $ 22,649 $ 22,649 $ 22,649 Cash and cash equivalents as of December 31, 2018 consist of the following: December 31, 2018 Description Contracted Maturity Cost Fair Market Value Balance Per Balance Sheet Cash Demand $ 21,007 $ 21,007 $ 21,007 Money market funds Demand 8,299 8,299 8,299 Total cash and cash equivalents $ 29,306 $ 29,306 $ 29,306

Net Loss per Share (Tables)

Net Loss per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Outstanding Common Shares Excluded from Computation of Dilutive Net Loss per Share	The following outstanding common shares have been excluded from the computation of dilutive net loss per share as of September 30, 2019 and 2018 (in thousands). Three Months Ended Nine Months Ended 2019 2018 2019 2018 Options outstanding 2,522 3,079 2,522 3,079 Restricted stock units outstanding 3,244 2,477 3,244 2,477

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Company's Financial Instruments Carried at Fair Value Using Lowest Level of Input	The following tables set forth the Company’s financial instruments carried at fair value using the lowest level of input as of September 30, 2019 and December 31, 2018: September 30, 2019 Quoted Prices in Active Markets for Identical Items (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets: Money market funds $ 41 $ — $ — $ 41 Total assets $ 41 $ — $ — $ 41 December 31, 2018 Quoted Prices in Active Markets for Identical Items (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets: Money market funds $ 8,299 $ — $ — $ 8,299 Total assets $ 8,299 $ — $ — $ 8,299

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted Average Assumptions Utilized	The weighted-average assumptions utilized to determine such values are presented in the following table:​​​​​​​ Three Months Ended Nine Months Ended 2019 2018 2019 2018 Expected life in years 6.2 6.3 6.2 6.2 Risk-free interest rate 1.85 % 2.92 % 2.30 % 2.88 % Volatility 44 % 42 % 44 % 43 % Dividend yield — — — —
Summary of Stock-based Compensation Expense	The following table summarizes stock-based compensation expense as included in the consolidated statement of operations for the three and nine months ended September 30, 2019 and 2018: Three Months Ended Nine Months Ended 2019 2018 2019 2018 Stock-based compensation : Cost of subscription and support revenue $ 127 $ 140 $ 341 $ 373 Cost of professional services and other revenue 71 69 223 155 Research and development 323 283 855 932 Sales and marketing 602 437 1,411 1,885 General and administrative 598 593 1,674 1,677 $ 1,721 $ 1,522 $ 4,504 $ 5,022
Summary of Stock Option Activity	The following is a summary of the stock option activity during the nine months ended September 30, 2019. Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value (1) Outstanding at December 31, 2018 2,737,655 $ 8.57 Granted 692,038 10.00 Exercised (427,429 ) 7.52 $ 1,155 Canceled (479,918 ) 9.42 Outstanding at September 30, 2019 2,522,346 $ 8.98 7.34 $ 4,224 Exercisable at September 30, 2019 1,113,395 $ 8.36 5.40 $ 2,622 (1) The aggregate intrinsic value was calculated based on the positive difference between the fair value of the Company’s common stock on September 30, 2019 of $ 10.48
Restricted Stock Units Activity	The following table summarizes the restricted stock unit activity during the nine months ended September 30, 2019: Shares Weighted Average Grant Date Fair Value Unvested at 3,033,582 $ 8.07 Granted 1,388,172 11.03 Vested and issued (455,744 ) 8.03 Canceled (721,827 ) 8.08 Unvested at 3,244,183 $ 9.07

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Total Revenue to Unaffiliated Customers by Geographic Area, Based on Location of Customer	Total revenue from unaffiliated customers by geographic area, based on the location of the customer, was as follows: Three Months Ended Nine Months Ended 2019 2018 2019 2018 Revenue: North America $ 24,904 $ 21,834 $ 72,425 $ 67,351 Europe 8,178 7,491 22,814 20,538 Japan 5,391 5,464 16,725 16,319 Asia Pacific 8,646 6,125 24,009 19,292 Other 315 207 879 469 Total revenue $ 47,434 $ 41,121 $ 136,852 $ 123,969

Recently Issued and Adopted A_2

Recently Issued and Adopted Accounting Standards (Tables)	9 Months Ended
	Sep. 30, 2019
Accounting Changes and Error Corrections [Abstract]
Schedule of Maturity Analysis of Undiscounted Cash Flows of Operating Lease	The Company’s operating leases expire at various dates through 2024. The following shows the undiscounted cash flows for the remainder of 2019 and remaining years under operating leases at September 30, 2019: Year Ending December 31, Operating 2019 $ 1,746 2020 6,072 2021 5,349 2022 2,262 2023 1,069 2024 and thereafter 954 $ 17,452

Business Description and Basi_3

Business Description and Basis of Presentation - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2019Subsidiaries
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of wholly-owned subsidiaries	14

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) $ in Thousands	Aug. 01, 2019	Apr. 01, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Subsequent Event [Line Items]
Business Combination Pro Forma Revenue				$ 48,736	$ 144,467	$ 146,814
Net income loss				$ (4,215)	(13,904)	$ (12,151)
Ooyala [Member]
Subsequent Event [Line Items]
Business Combination Pro Forma Revenue			$ 5,900		12,100
Net income loss			1,100		1,400
Ooyala [Member] | Asset Purchase and Sale Agreement [Member]
Subsequent Event [Line Items]
Unregistered shares of common stock		1,056,763
Unregistered shares of common stock, value		$ 8,900
Business acquisition, cash paid		2,600
Cash consideration, escrow amount		$ 2,650
Merger related costs			$ 2,000		7,600
Other Business Combination [Member]
Subsequent Event [Line Items]
Merger related costs					$ 500,000
Other Business Combination [Member] | Share Purchase Agreement [Member]
Subsequent Event [Line Items]
Unregistered shares of common stock	270,686
Unregistered shares of common stock, value	$ 3,400
Business acquisition, cash paid	3,300
Cash consideration, escrow amount	$ 488
Unregistered shares of common stock ,escrow account	40,603
Business acquisition, cash paid for cash acquired	$ 1,000

Business Combinations - Schedul

Business Combinations - Schedule of Total Purchase Price (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill	$ 61,010	$ 50,776
Other Business Combination [Member]
Business Acquisition [Line Items]
Cash	981
Accounts receivable	393
Other tangible assets	210
Identifiable intangible assets	1,525
Goodwill	5,472
Accounts payable	(177)
Deferred revenue	(138)
Accrued expenses	(322)
Deferred tax liability	(264)
Total estimated purchase price	7,680
Ooyala, Inc [Member]
Business Acquisition [Line Items]
Accounts receivable	2,904
Other tangible assets	620
Identifiable intangible assets	9,765
Goodwill	4,762
Deferred revenue	(6,425)
Other liabilites	(196)
Total estimated purchase price	$ 11,430

Business Combinations - Sched_2

Business Combinations - Schedule of Identifiable Intangible Assets Acquired and Their respective Useful Lives (Details 1) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Ooyala Inc [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 9,765
Other Business Combination [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	1,525
Customer Relationships [Member] | Ooyala Inc [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 9,127
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Customer Relationships [Member] | Other Business Combination [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 1,293
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	4 years
Developed Technology Rights [Member] | Ooyala Inc [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 638
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	1 year
Developed Technology Rights [Member] | Other Business Combination [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 232
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	4 years

Business Combinations - Sched_3

Business Combinations - Schedule of Estimated Remaining Amortization Expense (Details 2) $ in Thousands	Sep. 30, 2019USD ($)
Ooyala Inc [Member]
2019	$ 1,456
2020	1,463
2021	1,304
2022	1,304
2023	1,304
2024 and thereafter	2,934
Total	9,765
Other Business Combination [Member]
2019	160
2020	381
2021	381
2022	381
2023	222
Total	$ 1,525

Business Combinations - Sched_4

Business Combinations - Schedule of Pro Forma Financial Information (Details 3) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Business Combinations [Abstract]
Total revenue	$ 48,736	$ 144,467	$ 146,814
Net loss	$ (4,215)	$ (13,904)	$ (12,151)
Earnings per share - basic and diluted	$ (0.11)	$ (0.37)	$ (0.33)

Business Combinations - Sched_5

Business Combinations - Schedule of Goodwill (Details 4) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Business Combinations [Abstract]
Beginning balance	$ 50,776
Goodwill from acquisitions	10,234
Ending balance	$ 61,010

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts receivable, net	$ 31,485	$ 23,264
Deferred Revenue (current)	49,286	39,846
Accounting Standards Update 2014-09 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts receivable, net	31,485	23,264
Contract Assets (current)	1,786	1,640
Deferred Revenue (current)	49,286	39,846
Deferred Revenue (non- current)	428	146
Total Deferred Revenue	$ 49,714	$ 39,992

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Deferred revenue recognized	$ 6.4		$ 37.6
Assets recognized to obtain a contract	5.7		5.7		$ 5.9
Amortization expense recognized to obtain a contract	$ 1.8	$ 1.9	$ 5.5	$ 5.7
Subscription and Support Revenue [Member]
Revenue, performance obligation, description of timing	2022		2022
Unsatisfied performance obligations	$ 125.7		$ 125.7
Subscription and Support Revenue [Member] | Next Twelve Months [Member]
Unsatisfied performance obligations	$ 100.6		$ 100.6

Concentration of Credit Risk -

Concentration of Credit Risk - Additional Information (Detail) - Customer	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Risks and Uncertainties [Abstract]
Number of customers accounted for more than 10% of total revenue	0		0		0
Threshold percentage of total revenues required for major customer classification	10.00%	10.00%	10.00%	10.00%
Number of customers accounted for more than 10% of net accounts receivable	0	0	0	0
Threshold percentage of accounts receivable required for major customer classification	10.00%		10.00%		10.00%

Cash and Cash Equivalents - Add

Cash and Cash Equivalents - Additional Information (Detail) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Cash and Cash Equivalents [Abstract]
Short-term investments	$ 0	$ 0
Long-term investments	$ 0	$ 0

Cash and Cash Equivalents - Sch

Cash and Cash Equivalents - Schedule of Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Investment Holdings [Line Items]
Cost	$ 22,649	$ 29,306
Fair Market Value	22,649	29,306
Balance Per Balance Sheet	22,649	29,306
Cash [Member]
Investment Holdings [Line Items]
Cost	22,608	21,007
Fair Market Value	22,608	21,007
Balance Per Balance Sheet	22,608	21,007
Money Market Funds [Member]
Investment Holdings [Line Items]
Cost	41	8,299
Fair Market Value	41	8,299
Balance Per Balance Sheet	$ 41	$ 8,299

Net Loss per Share - Outstandin

Net Loss per Share - Outstanding Common Shares Excluded from Computation of Dilutive Net Loss per Share (Detail) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Options Outstanding [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive common shares excluded from the computation of weighted-average shares outstanding	2,522	3,079	2,522	3,079
RSUs [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive common shares excluded from the computation of weighted-average shares outstanding	3,244	2,477	3,244	2,477

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Company's Financial Instruments Carried at Fair Value Using Lowest Level of Input (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 41	$ 8,299
Total assets	41	8,299
Quoted Prices in Active Markets for Identical Items (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	41	8,299
Total assets	$ 41	$ 8,299

Stock based Compensation - Addi

Stock based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted-average fair value of options granted	$ 5.21	$ 3.89	$ 4.54	$ 4.16
Stock based compensation expense	$ 1,721	$ 1,522	$ 4,504	$ 5,022
Unrecognized stock-based compensation expense	$ 21,000		$ 21,000
Weighted average period			2 years 9 months 3 days

Stock Based Compensation - Weig

Stock Based Compensation - Weighted Average Assumptions Utilized (Detail) - Stock Compensation Plan [Member]	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life in years	6 years 2 months 12 days	6 years 3 months 18 days	6 years 2 months 12 days	6 years 2 months 12 days
Risk-free interest rate	1.85%	2.92%	2.30%	2.88%
Volatility	44.00%	42.00%	44.00%	43.00%

Stock Based Compensation - Summ

Stock Based Compensation - Summarizes Stock-based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	$ 1,721	$ 1,522	$ 4,504	$ 5,022
Subscription and Support Revenue [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	127	140	341	373
Professional Services and Other Revenue [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	71	69	223	155
Research and Development [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	323	283	855	932
Sales and Marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	602	437	1,411	1,885
General and Administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	$ 598	$ 593	$ 1,674	$ 1,677

Stock Based Compensation - Su_2

Stock Based Compensation - Summary of Stock Option Activity (Detail) - Options Outstanding [Member] $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at December 31, 2018 | shares	2,737,655
Shares, Granted | shares	692,038
Shares, Exercised | shares	(427,429)
Shares, Cancelled | shares	(479,918)
Shares, Outstanding at September 30, 2019 | shares	2,522,346
Shares, Exercisable at September 30, 2019 | shares	1,113,395
Weighted-Average Exercise Price, Outstanding at December 31, 2018 | $ / shares	$ 8.57
Weighted-Average Exercise Price, Granted | $ / shares	10
Weighted-Average Exercise Price, Exercised | $ / shares	7.52
Weighted-Average Exercise Price, Cancelled | $ / shares	9.42
Weighted-Average Exercise Price, Outstanding at September 30, 2019 | $ / shares	8.98
Weighted-Average Exercise Price, Exercisable at September 30, 2019 | $ / shares	$ 8.36
Weighted-Average Remaining Contractual Term, Outstanding at September 30, 2019	7 years 4 months 2 days
Weighted-Average Remaining Contractual Term, Exercisable at September 30, 2019	5 years 4 months 24 days
Aggregate Intrinsic Value, Exercised | $	$ 1,155
Aggregate Intrinsic Value, Outstanding at September 30, 2019 | $	4,224
Aggregate Intrinsic Value, Exercisable at September 30, 2019 | $	$ 2,622

Stock Based Compensation - Su_3

Stock Based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail)	Sep. 30, 2019$ / shares
Options Outstanding [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate Intrinsic Value, Estimated per share fair value of common stock	$ 10.48

Stock Based Compensation - Su_4

Stock Based Compensation - Summary of RSU Activity (Detail) - RSUs [Member]	9 Months Ended
	Sep. 30, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Unvested Shares, Beginning Balance | shares	3,033,582
Granted | shares	1,388,172
Vested and issued | shares	(455,744)
Cancelled | shares	(721,827)
Unvested Shares, Ending Balance | shares	3,244,183
Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 8.07
Weighted Average Grant Date Fair Value, Granted | $ / shares	11.03
Weighted Average Grant Date Fair Value, Vested and issued | $ / shares	8.03
Weighted Average Grant Date Fair Value, Cancelled | $ / shares	8.08
Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 9.07

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income tax expense	$ 171	$ 144	$ 521	$ 410

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2019USD ($)Patents
Commitment And Contingencies [Line Items]
Complaint filed against patents allegedly infringed | Patents	4
Cost for Guarantees and indemnities | $	$ 0

Debt - Additional Information (

Debt - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2019USD ($)
Debt Instrument [Line Items]
Debt instrument term	If the outstanding principal during any month is at least $15.0 million, the Company must also maintain a minimum net income threshold based on non-GAAP operating measures.
Borrowings outstanding	$ 0
Secured Line of Credit [Member]
Debt Instrument [Line Items]
Line of credit, agreement start date	Dec. 14, 2018
Line of credit maximum borrowing capacity	$ 30
Percentage points added to prime rate or LIBOR	4.00%
Minimum [Member]
Debt Instrument [Line Items]
Minimum outstanding principal threshold limit	$ 15,000,000
Minimum [Member] | Secured Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Percentage points added to prime rate or LIBOR	225.00%

Segment Information - Total Rev

Segment Information - Total Revenue to Unaffiliated Customers by Geographic Area, Based on Location of Customer (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 47,434	$ 41,121	$ 136,852	$ 123,969
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	24,904	21,834	72,425	67,351
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	8,178	7,491	22,814	20,538
Japan [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	5,391	5,464	16,725	16,319
Asia Pacific [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	8,646	6,125	24,009	19,292
Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 315	$ 207	$ 879	$ 469

Segment Information - Additiona

Segment Information - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from customers	$ 47,434	$ 41,121	$ 136,852	$ 123,969
Revenue percentage from other country to the company's total revenue	10.00%	10.00%	10.00%	10.00%
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from customers	$ 23,162	$ 20,521	$ 67,534	$ 63,345

Recently Issued and Adopted A_3

Recently Issued and Adopted Accounting Standards - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019	Jan. 01, 2019
Accounting Policies [Line Items]
Operating lease expense	$ 2,000	$ 1,900	$ 5,800	$ 5,900
Weighted-average remaining non-cancelable lease term	3 years		3 years
Weighted-average discount rate	4.00%		4.00%
Right-of-use assets	$ 15,419		$ 15,419
SINGAPORE
Accounting Policies [Line Items]
Lease liabilities					$ 779
Accounting Standards Update 2016-02 [Member]
Accounting Policies [Line Items]
Reversed deferred rent liability						$ 1,300
Right-of-use assets						19,600
Lease liabilities						$ 20,900

Recently Issued and Adopted A_4

Recently Issued and Adopted Accounting Standards - Undiscounted Cash Flows Under Operating Leases (Detail) $ in Thousands	Sep. 30, 2019USD ($)
Accounting Changes and Error Corrections [Abstract]
2019	$ 1,746
2020	6,072
2021	5,349
2022	2,262
2023	1,069
2024 and thereafter	954
Total	$ 17,452

Restructuring - Additional Info

Restructuring - Additional Information (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 752
Cost Of Subscription And Support Revenue [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	186
Cost Of Professional Services And Other Revenue [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	107
Sales And Marketing [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	421
Research And Development [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 38