Synacor 10-Q 15 May 20 2020 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2020	May 13, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	001-33843
Entity Registrant Name	Synacor, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	16-1542712
Entity Address, Address Line One	40 La Riviere Drive, Suite 300
Entity Address, City or Town	Buffalo,
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14202
City Area Code	716
Local Phone Number	853-1362
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	SYNC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		39,449,337
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001408278
Current Fiscal Year End Date	--12-31

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 8,922	$ 10,966
Accounts Receivable, after Allowance for Credit Loss, Current	14,820	20,532
Prepaid expenses and other current assets	4,181	2,989
Total current assets	27,923	34,487
PROPERTY AND EQUIPMENT, net	14,234	14,948
OPERATING LEASE RIGHT-OF-USE ASSETS, net	4,051	4,765
GOODWILL	15,934	15,948
INTANGIBLE ASSETS, net	7,875	8,411
OTHER ASSETS	1,136	1,319
Total assets	71,153	79,878
CURRENT LIABILITIES:
Accounts payable	12,588	12,583
Accrued expenses and other current liabilities	3,313	5,878
Current portion of deferred revenue	5,952	6,509
Current portion of long-term debt and finance leases	1,819	2,529
Current portion of operating lease liabilities	1,826	2,165
Total current liabilities	25,498	29,664
LONG-TERM PORTION OF DEBT AND FINANCE LEASES	986	729
LONG-TERM PORTION OF OPERATING LEASE LIABILITIES	2,411	2,846
DEFERRED REVENUE	2,295	2,366
DEFERRED INCOME TAXES	295	275
OTHER LONG-TERM LIABILITIES	341	334
Total liabilities	31,826	36,214
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:
Preferred stock – par value $0.01 per share; authorized 10,000,000 shares; none issued	0	0
Common stock – par value $0.01 per share; authorized 100,000,000 shares; 40,266,348 shares issued and 39,361,813 shares outstanding at March 31, 2020 and 40,075,475 shares issued and 39,201,477 shares outstanding at December 31, 2019	403	401
Treasury stock – at cost, 904,535 shares at March 31, 2020 and 873,998 shares at December 31, 2019	(1,971)	(1,931)
Additional paid-in capital	146,844	146,460
Accumulated deficit	(105,272)	(100,747)
Accumulated other comprehensive loss	(677)	(519)
Total stockholders’ equity	39,327	43,664
Total liabilities and stockholders’ equity	$ 71,153	$ 79,878

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets - Unaudited (Parenthetical) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 589	$ 585
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	40,266,348	40,075,475
Common stock, shares outstanding (in shares)	39,361,813	39,201,477
Treasury stock, shares (in shares)	904,535	873,998

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
REVENUE	$ 20,583	$ 31,824
COSTS AND OPERATING EXPENSES:
Cost of revenue (exclusive of depreciation and amortization shown separately below)	10,729	16,506
Technology and development (exclusive of depreciation and amortization shown separately below)	3,108	4,546
Sales and marketing	4,368	5,991
General and administrative (exclusive of depreciation and amortization shown separately below)	4,466	4,465
Depreciation and amortization	2,214	2,435
Total costs and operating expenses	24,885	33,943
LOSS FROM OPERATIONS	(4,302)	(2,119)
OTHER INCOME, net	167	216
INTEREST EXPENSE	(59)	(64)
LOSS BEFORE INCOME TAXES	(4,194)	(1,967)
PROVISION FOR INCOME TAXES	331	277
NET LOSS	$ (4,525)	$ (2,244)
NET LOSS PER SHARE:
Basic (in dollars per share)	$ (0.11)	$ (0.06)
Diluted (in dollars per share)	$ (0.11)	$ (0.06)
WEIGHTED AVERAGE SHARES USED TO COMPUTE NET LOSS PER SHARE:
Basic (in shares)	39,677,738	39,038,642
Diluted (in shares)	39,677,738	39,038,642

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Net loss	$ (4,525)	$ (2,244)
Other comprehensive loss:
Changes in foreign currency translation adjustment	(158)	(137)
Comprehensive loss	$ (4,683)	$ (2,381)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - Unaudited - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2018		39,880,054	852,482
Beginning balance at Dec. 31, 2018	$ 51,171	$ 399	$ (1,899)	$ 144,739	$ (91,726)	$ (342)
Increase (Decrease) in Temporary Equity [Roll Forward]
Exercise of common stock options (in shares)		24,819
Exercise of common stock options	37			37
Stock-based compensation cost	347			347
Vesting of restricted stock units, net of treasury stock (in shares)		416	125
Vesting of restricted stock units, net of treasury stock	0
Net loss	(2,244)				(2,244)
Other comprehensive loss	(137)					(137)
Ending balance (in shares) at Mar. 31, 2019		39,905,289	852,607
Ending balance at Mar. 31, 2019	$ 49,174	$ 399	$ (1,899)	145,123	(93,970)	(479)
Beginning balance (in shares) at Dec. 31, 2019	39,201,477	40,075,475	873,998
Beginning balance at Dec. 31, 2019	$ 43,664	$ 401	$ (1,931)	146,460	(100,747)	(519)
Increase (Decrease) in Temporary Equity [Roll Forward]
Exercise of common stock options (in shares)	0
Stock-based compensation cost	$ 386			386
Vesting of restricted stock units, net of treasury stock (in shares)		190,873	30,537
Vesting of restricted stock units, net of treasury stock	(40)	$ 2	$ (40)	(2)
Net loss	(4,525)				(4,525)
Other comprehensive loss	$ (158)					(158)
Ending balance (in shares) at Mar. 31, 2020	39,361,813	40,266,348	904,535
Ending balance at Mar. 31, 2020	$ 39,327	$ 403	$ (1,971)	$ 146,844	$ (105,272)	$ (677)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (4,525)	$ (2,244)
Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities:
Depreciation and amortization	2,740	2,487
Asset impairment	0	226
Stock-based compensation expense	377	331
Provision for deferred income taxes	20	20
Change in allowance for doubtful accounts	4	38
Changes in operating assets and liabilities:
Accounts receivable, net	5,708	4,522
Prepaid expenses and other assets	(1,017)	(432)
Operating lease right-of-use assets and liabilities, net	(59)	29
Accounts payable, accrued expenses and other liabilities	(2,408)	(4,598)
Deferred revenue	(628)	(684)
Net cash provided by (used in) operating activities	212	(305)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(965)	(1,325)
Net cash used in investing activities	(965)	(1,325)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments on long-term debt and finance leases	(1,107)	(694)
Proceeds from exercise of common stock options	0	37
Purchase of treasury stock and shares received to satisfy minimum tax withholdings	(40)	0
Net cash used in financing activities	(1,147)	(657)
Effect of exchange rate changes on cash and cash equivalents	(144)	(140)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(2,044)	(2,427)
Cash and cash equivalents, beginning of period	10,966	15,921
Cash and cash equivalents, end of period	8,922	13,494
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	59	64
Cash paid for income taxes	112	248
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Minimum long-term debt and finance lease payments in accounts payable	159	26
Accrued property and equipment expenditures	$ 360	$ 95

The Company and Summary of Sign

The Company and Summary of Significant Accounting Principles	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company and Summary of Significant Accounting Principles	The Company and Summary of Significant Accounting Principles Synacor, Inc., together with its consolidated subsidiaries (collectively, the “Company” or “Synacor”), is a digital technology company that provides email and collaboration software, cloud-based identity management platforms, managed web and mobile portals, and advertising solutions. The Company’s customers include communications providers, media companies, government entities and enterprises. Synacor is a trusted partner for enterprise software platforms and monetization solutions that Synacor delivers through public and private cloud software-as-a-service, software licensing, and professional services. Synacor enables clients to deepen their engagement with their consumers and users. Basis of Presentation — The interim unaudited condensed consolidated financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the interim unaudited condensed consolidated financial statements include all adjustments, which include only normal recurring adjustments, necessary for the fair presentation of the Company’s financial position for the periods presented. These interim unaudited condensed consolidated financial statements are not necessarily indicative of the results expected for the full fiscal year or for any subsequent period. The accompanying condensed consolidated balance sheet as of December 31, 2019 was derived from the audited financial statements as of that date, but does not include all the information and footnotes required by U.S. GAAP. These financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. Accounting Estimates — The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Such estimates primarily relate to unsettled transactions and events as of the date of the financial statements. Actual results could differ materially from these estimates and judgments. Many of our estimates require increased judgment due to the significant volatility, uncertainty and economic disruption of the recent global COVID-19 pandemic. We will continue to monitor the effects of the COVID-19 pandemic, and our estimates and judgments may change materially as new events occur or additional information becomes available to us. Concentrations of Risk — As of March 31, 2020 and December 31, 2019, the Company had concentrations equal to or exceeding 10% of the Company’s accounts receivable as follows: Accounts Receivable March 31, 2020 December 31, 2019 Portal & Advertising Customer A * 14 % * - Less than 10% For the three months ended March 31, 2020 and 2019, the Company had concentrations equal to or exceeding 10% of the Company’s revenue as follows: Revenue Three Months Ended 2020 2019 Google search * 11 % Portal & Advertising Customer A * 13 % * - Less than 10% For the three months ended March 31, 2020 and 2019, the following customers received revenue-share payments equal to or exceeding 10% of the Company’s cost of revenue: Cost of Revenue Three Months Ended 2020 2019 Portal & Advertising Customer B * 30 % * - Less than 10% Recent Accounting Pronouncements — Not Yet Adopted In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2016-13 ("ASU 2016-13") Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost. ASU 2016-13 replaces the existing incurred loss impairment model with an expected loss model which requires the use of forward-looking information to calculate credit loss estimates. It also eliminates the concept of other-than-temporary impairment and requires credit losses related to certain available-for-sale debt securities to be recorded through an allowance for credit losses rather than as a reduction in the amortized cost basis of the securities. These changes result in earlier recognition of credit losses. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. Early adoption is permitted. The Company does not believe the impact of adopting this standard will be material to its consolidated financial statements and related disclosures. Recently Adopted In August 2018, the FASB issued ASU No. 2018-15, Customer’s Accounting For Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (“ASU 2018-15”), which aligns the requirements for capitalizing implementation costs in a cloud computing arrangement with the requirements for capitalizing implementation costs incurred for an internal-use software license. Adoption of this guidance is required for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years and early adoption is permitted. The amendments will be applied prospectively to all implementation costs incurred after adoption. There was no impact to the Company's condensed consolidation financial statements for the quarter ended March 31, 2020 as a result of adopting this standard update on January 1, 2020. The Company considers the applicability and impact of all ASUs. ASUs not listed above were assessed and determined to be either not applicable, or had or are expected to have minimal impact on the Company’s financial statements and related disclosures.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers The Company generates all of its revenue from contracts with customers. Many of the Company’s contracts with customers contain multiple performance obligations. For these contracts, the Company accounts for individual performance obligations separately if they are distinct. The transaction price is allocated to the separate performance obligations on a relative standalone selling price basis. Standalone selling prices of software licenses are typically estimated using the residual approach. Standalone selling prices of services are typically estimated based on observable transactions when these services are sold on a standalone basis. The Company usually expects payment within 30 to 90 days from the invoice date (fulfillment of performance obligations or per contract terms). None of the Company’s contracts as of March 31, 2020 contained a significant financing component. Differences between the amount of revenue recognized and the amount invoiced are recognized as deferred revenue. Disaggregation of revenue The following table provides information about disaggregated revenue for the three months ended March 31, 2020 and 2019 by the timing of revenue recognition, and includes a reconciliation of the disaggregated revenue by reportable segment (in thousands): Three Months Ended 2020 2019 Software & Services Products and services transferred over time $ 8,330 $ 8,875 Products transferred at a point in time 2,732 2,283 Total Software & Services 11,062 11,158 Portal & Advertising Products and services transferred over time 1,224 1,506 Products transferred at a point in time 8,297 19,160 Total Portal & Advertising 9,521 20,666 Total Revenue $ 20,583 $ 31,824 Revenue disaggregated by geography, based on the billing address of our customer, consists of the following (in thousands): Three Months Ended 2020 2019 Revenue United States $ 15,295 $ 26,274 International 5,288 5,550 Total revenue $ 20,583 $ 31,824 Remaining Performance Obligations Deferred revenue is recorded when cash payments are received or due in advance of revenue recognition from software licenses, professional services, and maintenance agreements. The timing of revenue recognition may differ from the timing of billings to customers. The changes in deferred revenue, inclusive of both current and long-term, are as follows (in thousands): Beginning balance - January 1, 2020 $ 8,875 Recognition of deferred revenue (2,793) Deferral of revenue 2,254 Effect of foreign currency translation (89) Ending balance - March 31, 2020 $ 8,247 The majority of the deferred revenue balance above relates to the maintenance and support contracts for the Company's email software licenses. These are recognized straight-line over the life of the contract, with the majority of the balance being recognized within the next twelve months. Practical Expedients The Company generally expenses sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within sales and marketing expenses. The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed.

Leases

Leases	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Leases	Leases The Company enters into various noncancelable operating lease agreements for certain of our offices, data centers, colocations and network equipment. The Company’s leases have original lease periods expiring between 2020 and 2025. Many leases include one or more options to renew. The Company does not assume renewals in its determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement. The Company’s variable lease payments are immaterial and its lease agreements do not contain any material residual value guarantees or material restrictive covenants. Operating lease costs are included in cost of revenue and general and administrative costs in the Company’s condensed consolidated statements of operations. Finance lease amortization costs are included in depreciation and amortization, and finance lease interest costs are included in interest expense in the Company’s condensed consolidated statements of operations. The components of lease costs are as follows (in thousands): Three Months Ended Three Months Ended Finance lease cost Amortization of right-of-use assets $ 1,012 $ 628 Interest 42 189 Operating lease cost 717 1,090 Total lease cost $ 1,771 $ 1,907 The lease term and discount rate are as follows : March 31, 2020 December 31, 2019 Weighted Average Remaining Lease Term Operating leases 2.1 Years 2.0 Years Finance leases 1.8 Years 1.2 Years Weighted Average Discount Rate Operating leases 6.0 % 6.0 % Finance leases 4.5 % 5.0 % The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2020 (in thousands): Operating Leases Finance Leases The remainder of 2020 $ 1,594 $ 1,696 2021 1,601 701 2022 930 405 2023 434 66 2024 34 29 2025 — 2 Total undiscounted cash flows 4,593 2,899 Less imputed interest (356) (94) Present value of lease liabilities $ 4,237 $ 2,805 Supplemental cash flow information related to leases are as follows (in thousands): Three Months Ended Three Months Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 778 $ 1,202 Operating cash flows from finance leases $ 42 $ 576 Financing cash flows from finance leases $ 1,107 $ 48 Lease liabilities arising from obtaining right-of-use-assets: Operating leases $ — $ — Finance leases $ 557 $ —
Leases	Leases The Company enters into various noncancelable operating lease agreements for certain of our offices, data centers, colocations and network equipment. The Company’s leases have original lease periods expiring between 2020 and 2025. Many leases include one or more options to renew. The Company does not assume renewals in its determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement. The Company’s variable lease payments are immaterial and its lease agreements do not contain any material residual value guarantees or material restrictive covenants. Operating lease costs are included in cost of revenue and general and administrative costs in the Company’s condensed consolidated statements of operations. Finance lease amortization costs are included in depreciation and amortization, and finance lease interest costs are included in interest expense in the Company’s condensed consolidated statements of operations. The components of lease costs are as follows (in thousands): Three Months Ended Three Months Ended Finance lease cost Amortization of right-of-use assets $ 1,012 $ 628 Interest 42 189 Operating lease cost 717 1,090 Total lease cost $ 1,771 $ 1,907 The lease term and discount rate are as follows : March 31, 2020 December 31, 2019 Weighted Average Remaining Lease Term Operating leases 2.1 Years 2.0 Years Finance leases 1.8 Years 1.2 Years Weighted Average Discount Rate Operating leases 6.0 % 6.0 % Finance leases 4.5 % 5.0 % The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2020 (in thousands): Operating Leases Finance Leases The remainder of 2020 $ 1,594 $ 1,696 2021 1,601 701 2022 930 405 2023 434 66 2024 34 29 2025 — 2 Total undiscounted cash flows 4,593 2,899 Less imputed interest (356) (94) Present value of lease liabilities $ 4,237 $ 2,805 Supplemental cash flow information related to leases are as follows (in thousands): Three Months Ended Three Months Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 778 $ 1,202 Operating cash flows from finance leases $ 42 $ 576 Financing cash flows from finance leases $ 1,107 $ 48 Lease liabilities arising from obtaining right-of-use-assets: Operating leases $ — $ — Finance leases $ 557 $ —

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the three months ended March 31, 2020 are as follows (in thousands): Software & Services Portal & Advertising Total December 31, 2019 $ 11,804 $ 4,144 $ 15,948 Effect of foreign currency translation (14) — (14) March 31, 2020 $ 11,790 $ 4,144 $ 15,934 The Company tests goodwill for impairment at least annually or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. As a result of the potential future financial impacts of the COVID-19 pandemic, particularly on our Portal & Advertising segment, the Company assessed its goodwill for impairment concluding that there was no impairment as of March 31, 2020. The Company has no accumulated impairment losses. Intangible assets consisted of the following (in thousands): March 31, 2020 December 31, 2019 Customer and publisher relationships $ 14,780 $ 14,780 Technology 2,330 2,330 Trademark 300 300 Intangible assets, gross 17,410 17,410 Less accumulated amortization (9,535) (8,999) Intangible assets, net $ 7,875 $ 8,411 The Company tests for impairment whenever events or changes in circumstances occur that could impact the recoverability of these assets. As a result of the potential future financial impacts of the COVID-19 pandemic, the Company assessed its long-lived assets for impairment and concluded that there was no impairment as of March 31, 2020. Amortization of intangible assets totaled $0.5 million for the three months ended March 31, 2020 and 2019. Based on acquired intangible assets recorded at March 31, 2020, amortization is expected to be $1.5 million for the remainder of 2020, $1.4 million in 2021, $1.3 million in 2022, $1.3 million in 2023, $1.3 million in 2024 and $0.9 million thereafter.

Property and Equipment - Net

Property and Equipment - Net	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment - Net	Property and Equipment – Net Property and equipment, net consisted of the following (in thousands): March 31, 2020 December 31, 2019 Computer equipment $ 25,784 $ 25,392 Computer software 31,813 31,037 Furniture and fixtures 1,304 1,315 Leasehold improvements 1,097 1,116 Work in process (primarily software development costs) 253 187 Other 260 136 Property and equipment, gross 60,511 59,183 Less accumulated depreciation (46,277) (44,235) Property and equipment, net $ 14,234 $ 14,948 Depreciation expense totaled $1.7 million and $2.0 million for the three months ended March 31, 2020 and 2019, respectively. Property and equipment includes computer equipment and software held under finance leases of $11.3 million and $10.8 million as of March 31, 2020 and December 31, 2019, respectively. Accumulated depreciation of computer equipment and software held under finance leases amounted to $7.0 million as of March 31, 2020. Accumulated depreciation of computer equipment and software held under capital leases amounted to $6.2 million as of December 31, 2019. For the three months ended March 31, 2020 and 2019, respectively, the Company capitalized a total of $0.4 million and $0.7 million of costs that occurred during the application development phase, related to the development of internal-use software. The Company capitalized a total of $0.5 million and $0.3 million of costs related to the development of software for sale or license for the three months ended March 31, 2020 and 2019, respectively, that occurred after technological feasibility had been achieved. Amortization of software capitalized for internal use was $0.7 million for the three months ended March 31, 2020 and $1.1 million for the three months ended March 31, 2019, and included in depreciation and amortization in the consolidated statement of operations. Amortization of software for sale or license was $0.5 million for the three months ended March 31, 2020 and is included in cost of revenue in the consolidated statement of operations. Amortization of software for sale or license was not material for the three months ended March 31, 2019. There were no impairment charges during the three months ended March 31, 2020. Impairment charges related to software, previously capitalized for internal use, for the three months ended March 31, 2019 was $0.2 million and was included in general and administrative expense in the consolidated statement of operations. The impairment charges were a result of circumstances that indicated that the carrying values of the assets were not fully recoverable. The Company utilizes the discounted cash flow method to determine the fair value of the capitalized software assets. The following table sets forth long-lived tangible assets by geographic area (in thousands): March 31, 2020 December 31, 2019 Long-lived tangible assets: United States $ 13,954 $ 14,629 International 280 319 Total long-lived tangible assets $ 14,234 $ 14,948

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	3 Months Ended
	Mar. 31, 2020
Accounts Payable and Accrued Liabilities, Current [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in thousands): March 31, 2020 December 31, 2019 Accrued compensation $ 1,607 $ 4,209 Accrued content fees and other costs of revenue 308 151 Accrued taxes 343 192 Other 1,055 1,326 Total $ 3,313 $ 5,878

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Segment Information	Segment Information The Company operates its business in two reportable segments: 1) Software & Services and 2) Portal & Advertising. Software & Services generates revenue by providing cloud-based identity management solutions and email/collaboration products. Portal & Advertising generates managed portal fees and advertising revenue from its traffic on its Managed Portals and other advertising solutions it provides for publishers. The Company’s operations are organized and managed by type of products and services and segment information is reported accordingly. The Company’s chief operating decision maker (the “CODM”) is its Chief Executive Officer. The CODM reviews financial performance and allocates resources by reportable segment. There have been no operating segments aggregated to arrive at the Company’s reportable segments. The accounting policies of each segment are the same as those described in the summary of significant accounting policies, refer to Note 1— Summary of Significant Accounting Policies, for further details. The Company evaluates the performance of its segments and allocates resources to them based on Segment Adjusted EBITDA. Segment Adjusted EBITDA is defined as EBITDA (earnings before interest, income taxes, depreciation and amortization) adjusted for certain non-cash items and other non-recurring income and expenses. Revenue for all operating segments include only transactions with unaffiliated customers and there is no intersegment revenue. The Company does not account for, and does not report to management, its assets or capital expenditures by segment other than goodwill and intangible assets used for impairment analysis purposes. The tables below summarize the financial information for the Company’s reportable segments for the three months ended March 31, 2020 and 2019 (in thousands). The “Corporate Unallocated Expenses” category, as it relates to Segment Adjusted EBITDA, primarily includes corporate overhead costs, such as rent, payroll and related benefit costs and professional services which are not directly attributable to any individual segment. Three Months Ended Revenue Cost of revenue (1) Segment Adjusted Software & Services $ 11,062 $ 3,206 $ 3,528 Portal & Advertising 9,521 7,523 (241) Corporate Unallocated Expenses — — (2,974) Total Company $ 20,583 $ 10,729 $ 313 Three Months Ended Revenue Cost of revenue (1) Segment Adjusted Software & Services $ 11,158 $ 3,503 $ 2,794 Portal & Advertising 20,666 13,003 2,621 Corporate Unallocated Expenses — — (3,711) Total Company $ 31,824 $ 16,506 $ 1,704 Notes: (1) Exclusive of depreciation and amortization shown separately on the condensed consolidated statements of operations The following table reconciles total Segment Adjusted EBITDA to Net loss (in thousands): Three Months Ended 2020 2019 Total Segment Adjusted EBITDA $ 313 $ 1,704 Less: Provision for income taxes (331) (277) Interest expense (59) (64) Other income, net 167 216 Depreciation and amortization (2,732) (2,487) Asset impairment — (226) Stock-based compensation expense (377) (331) Restructuring costs (60) — Certain professional services and legal fees* (1,446) (779) Net loss $ (4,525) $ (2,244) Notes: * "Certain legal & professional services fees" includes legal fees and other related expenses outside the ordinary course of business, as well as fees and expenses related to merger and acquisition activities.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation —The Company and its Chief Executive Officer and former Chief Financial Officer were named as defendants in a federal securities class action lawsuit filed on April 4, 2018 in the United States District Court for the Southern District of New York. The class includes persons who purchased the Company’s shares between May 4, 2016 and March 15, 2018. The plaintiff alleged that the Company made materially false and misleading statements regarding its contract with AT&T and the timing of revenue to be derived therefrom, and that as a result, class members suffered losses because Synacor shares traded at artificially inflated prices. The plaintiff sought an unspecified amount of damages, as well as interest, attorneys’ fees and legal expenses. The plaintiff filed an amended complaint on August 2, 2018, a second amended complaint on November 2, 2018, and the Company filed a motion to dismiss on December 17, 2018. The plaintiff filed an opposition to the motion to dismiss on January 19, 2019 and the Company filed its reply to plaintiff’s opposition on February 15, 2019. On August 28, 2019, the court granted the Company's motion to dismiss but permitted the plaintiff to seek leave to replead. On October 2, 2019, the plaintiff filed a letter application seeking the court's leave to file a third amended complaint. The Company filed a letter in opposition to the plaintiff's motion on October 21, 2019. The court denied plaintiffs’ application to file an amended complaint and ordered the case closed on November 15, 2019. The Clerk of the Court entered judgment in favor of the Company and the individual defendants and closed the case on November 19, 2019. Plaintiff filed its Notice of Appeal on December 16, 2019. Plaintiff-Appellant filed its brief in support of its appeal on March 20, 2020. The Company disputes these claims and intends to defend them vigorously. 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. Legal fees and liabilities related to this lawsuit are covered by our D&O insurance policy now that the Company has reached its deductible. In addition, the Company is, from time to time, party to litigation arising in the ordinary course of business. It does not believe that the outcome of these claims will have a material adverse effect on its consolidated financial position, results of operations or cash flows based on the status of proceedings at this time. However, these matters are subject to inherent uncertainties and the Company’s view of these matters may change in the future.

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Mar. 31, 2020
Share-based Payment Arrangement [Abstract]
Stock-based Compensation	Stock-based Compensation The Company has stock-based employee compensation plans for which compensation cost is recognized in its financial statements. The Company is authorized to grant key employees stock-based incentive awards, including options to purchase common stock, stock appreciation rights, restricted stock units ("RSUs"), performance stock units ("PSUs") or other stock units. The cost is measured at the grant date, based on the fair value of the award, determined using the Black-Scholes option pricing model, and is recognized as an expense over the employee’s requisite service period (generally the vesting period of the equity award). The following table presents the weighted-average assumptions used to estimate the fair value of options granted during the periods indicated: Three Months Ended Three Months Ended Weighted average grant date fair value $ 0.88 $ 0.99 Expected dividend yield — % — % Expected stock price volatility 63 % 61 % Risk-free interest rate 2.1 % 2.6 % Expected life of options (in years) 5.82 6.25 Total stock-based compensation expense included in the accompanying condensed consolidated statements of operations for the periods presented, is as follows (in thousands): Three Months Ended 2020 2019 Technology and development $ 57 $ 103 Sales and marketing 101 115 General and administrative 219 113 Total stock-based compensation expense $ 377 $ 331 Stock Option Activity – A summary of the stock option activity for the three months ended March 31, 2020 is presented below: Number of Weighted Weighted Aggregate Outstanding at January 1, 2020 7,296,746 $ 2.48 Granted 76,500 1.52 Exercised — — Forfeited (43,917) 2.05 Expired (331,996) 2.40 Outstanding at March 31, 2020 6,997,333 $ 2.47 5.33 $ — Vested and expected to vest at March 31, 2020 6,961,490 $ 2.48 5.30 $ — Vested and exercisable at March 31, 2020 5,872,722 $ 2.54 4.76 $ — Aggregate intrinsic value represents the difference between the Company’s closing stock price of its common stock and the exercise price of outstanding, in-the-money options. The Company’s closing stock price as reported on the Nasdaq Global Market as of March 31, 2020 was $1.02 per share. The total intrinsic value of options exercised for the three months ended March 31, 2020 was minimal. The weighted average fair value of options granted during the three months ended March 31, 2020 amounted to $0.88 per option share. As of March 31, 2020, the unrecognized compensation cost related to options granted, for which vesting is probable, and adjusted for estimated forfeitures, was approximately $1.2 million. This cost is expected to be recognized over a weighted-average remaining period of 2.01 years. RSU Activity —A summary of RSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted Average Unvested—January 1, 2020 677,354 $ 1.54 Granted 87,506 1.10 Vested (190,873) 1.52 Forfeited (1,251) 1.76 Unvested—March 31, 2020 572,736 $ 1.49 As of March 31, 2020, total unrecognized compensation cost, adjusted for estimated forfeitures, related to RSUs was $0.7 million. This cost is expected to be recognized over a weighted-average remaining period of 2.06 years. PSU Activity — A summary of PSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted Average Unvested—January 1, 2020 297,789 $ 1.36 Granted — — Vested — — Forfeited (74,442) — Unvested—March 31, 2020 223,347 $ 1.36 As of March 31, 2020, total unrecognized compensation cost, adjusted for estimated forfeitures, related to PSU's was $0.2 million. This cost is expected to be recognized over a weighted-average remaining period of 2.76 years.

Net Loss Per Common Share Data

Net Loss Per Common Share Data	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Net Loss Per Common Share Data	Net Loss Per Common Share Data Basic net loss per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net loss per share is computed using the weighted-average number of common shares and, if dilutive, potential common shares outstanding during the period. The Company’s potential common shares consist of the incremental common shares issuable upon the exercise of stock options, warrants, and to a lesser extent, shares issuable upon the release of RSUs. The dilutive effect of these potential common shares is reflected in diluted earnings per share by application of the treasury stock method. The following securities were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented: Three Months Ended 2020 2019 Anti-dilutive equity awards: Stock options 7,147,040 7,612,104 Restricted stock units 625,045 202,888 Performance based stock units 260,568 —

Merger Agreement with Qumu Corp

Merger Agreement with Qumu Corporation	3 Months Ended
	Mar. 31, 2020
Business Combinations [Abstract]
Merger Agreement with Qumu Corporation	Merger Agreement with Qumu CorporationOn February 11, 2020, the Company, Qumu Corporation, a Minnesota corporation (“Qumu”), and Quantum Merger Sub I, Inc., a Minnesota corporation and a direct, wholly owned subsidiary of Synacor (“Merger Sub”), entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) for a proposed “merger of equals” transaction, pursuant to which, and subject to the conditions in the Merger Agreement, Merger Sub will merge with and into Qumu (the “Merger”), with Qumu surviving the Merger as a wholly owned subsidiary of the Company. Pursuant to the Merger Agreement, each issued and outstanding share of common stock, par value $0.01 per share, of Qumu will be converted into the right to receive 1.61 newly issued shares of common stock, par value $0.01 per share, of Synacor. No fractional shares of Synacor common stock will be issued in the Merger, and Qumu stockholders will receive cash in lieu of fractional shares of Synacor common stock, as specified in the Merger Agreement. The closing of the Merger is subject to customary closing conditions, including (i) the absence of any adverse law or order promulgated, entered, enforced, enacted or issued by any governmental entity that makes illegal or prohibits the Merger, (ii) the Securities and Exchange Commission (the “SEC”) shall have declared effective the Form S-4 Registration Statement of Synacor, (iii) the approval of the Merger Agreement by the affirmative vote of the holders of a majority of the outstanding shares of Qumu common stock entitled to vote thereon, (iv) the approval of the issuance of shares of Synacor common stock pursuant to the Merger Agreement by the affirmative vote of a majority of votes present or represented by proxy at Synacor’s stockholder meeting in connection with the Merger, (v) the authorization for listing on The Nasdaq Stock Market, subject to official notice of issuance, of the shares of Synacor Common Stock to be issued in the Merger, (vi) the receipt of certain opinions from legal counsel regarding the intended tax treatment of the Merger, (vii) subject to certain materiality exceptions, the accuracy of certain representations and warranties of each of Qumu and Synacor contained in the Merger Agreement and the compliance by each party with the covenants contained in the Merger Agreement, and (viii) the absence of a material adverse effect with respect to each of Qumu and Synacor. The Merger Agreement also contains a non-solicitation provision pursuant to which neither Qumu nor Synacor is permitted to solicit, initiate, induce or knowingly encourage or facilitate, any acquisition proposal from third parties or to engage in discussions or negotiations with third parties regarding any acquisition proposal. Notwithstanding this limitation, prior to a party’s requisite shareholder approval, such party may under certain circumstances provide information to and participate in discussions or negotiations with third parties with respect to an acquisition proposal that its board of directors has determined in good faith constitutes or is reasonably likely to lead to a superior proposal. Each party’s board of directors may change its recommendation to its shareholders (subject to the other party’s right to terminate the Merger Agreement following such change in recommendation) in response to a superior proposal or an intervening event if the board of directors determines in good faith that the failure to take such action would reasonably be expected to be inconsistent with the directors’ fiduciary duties under the Minnesota Business Corporation Act or the General Corporation Law of the State of Delaware, as applicable. If the Merger Agreement is terminated under certain circumstances as indicated in the Merger Agreement Qumu or Synacor, as applicable, may be required to pay the other party a termination fee of $2.0 million. The parties expect the Merger will be completed in the third quarter of calendar year 2020. During the three months ended March 31, 2020, the Company recognized transaction-related expenses related to the Merger Agreement of $1.4 million, which are included within general and administrative expenses in the Company's condensed consolidated statement of operations.

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On April 30, 2020, the Company entered into the First Amendment (the "Amendment") to the Loan and Security Agreement dated August 17, 2019, (the "Agreement"), with Silicon Valley Bank (the "Lender"). The Amendment changed the date from April 30, 2020 to May 31, 2020 for which the minimum Free Cash Flow target proposed by the Lender is to be agreed upon by the Company, as defined by the Agreement, with respect to any period from September 30, 2020 through and including December 31, 2020.

The Company and Summary of Si_2

The Company and Summary of Significant Accounting Principles (Policies)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation — The interim unaudited condensed consolidated financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the interim unaudited condensed consolidated financial statements include all adjustments, which include only normal recurring adjustments, necessary for the fair presentation of the Company’s financial position for the periods presented. These interim unaudited condensed consolidated financial statements are not necessarily indicative of the results expected for the full fiscal year or for any subsequent period. The accompanying condensed consolidated balance sheet as of December 31, 2019 was derived from the audited financial statements as of that date, but does not include all the information and footnotes required by U.S. GAAP. These financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.
Accounting Estimates	Accounting Estimates — The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Such estimates primarily relate to unsettled transactions and events as of the date of the financial statements. Actual results could differ materially from these estimates and judgments. Many of our estimates require increased judgment due to the significant volatility, uncertainty and economic disruption of the recent global COVID-19 pandemic. We will continue to monitor the effects of the COVID-19 pandemic, and our estimates and judgments may change materially as new events occur or additional information becomes available to us.
Recent Accounting Pronouncements	Recent Accounting Pronouncements — Not Yet Adopted In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ASU”) No. 2016-13 ("ASU 2016-13") Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost. ASU 2016-13 replaces the existing incurred loss impairment model with an expected loss model which requires the use of forward-looking information to calculate credit loss estimates. It also eliminates the concept of other-than-temporary impairment and requires credit losses related to certain available-for-sale debt securities to be recorded through an allowance for credit losses rather than as a reduction in the amortized cost basis of the securities. These changes result in earlier recognition of credit losses. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. Early adoption is permitted. The Company does not believe the impact of adopting this standard will be material to its consolidated financial statements and related disclosures. Recently Adopted In August 2018, the FASB issued ASU No. 2018-15, Customer’s Accounting For Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (“ASU 2018-15”), which aligns the requirements for capitalizing implementation costs in a cloud computing arrangement with the requirements for capitalizing implementation costs incurred for an internal-use software license. Adoption of this guidance is required for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years and early adoption is permitted. The amendments will be applied prospectively to all implementation costs incurred after adoption. There was no impact to the Company's condensed consolidation financial statements for the quarter ended March 31, 2020 as a result of adopting this standard update on January 1, 2020. The Company considers the applicability and impact of all ASUs. ASUs not listed above were assessed and determined to be either not applicable, or had or are expected to have minimal impact on the Company’s financial statements and related disclosures.

The Company and Summary of Si_3

The Company and Summary of Significant Accounting Principles (Tables)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Concentrations Equal to or Exceeding 10% of Company's Accounts Receivable, Revenue, and Cost of Revenue	As of March 31, 2020 and December 31, 2019, the Company had concentrations equal to or exceeding 10% of the Company’s accounts receivable as follows: Accounts Receivable March 31, 2020 December 31, 2019 Portal & Advertising Customer A * 14 % * - Less than 10% For the three months ended March 31, 2020 and 2019, the Company had concentrations equal to or exceeding 10% of the Company’s revenue as follows: Revenue Three Months Ended 2020 2019 Google search * 11 % Portal & Advertising Customer A * 13 % * - Less than 10% For the three months ended March 31, 2020 and 2019, the following customers received revenue-share payments equal to or exceeding 10% of the Company’s cost of revenue: Cost of Revenue Three Months Ended 2020 2019 Portal & Advertising Customer B * 30 % * - Less than 10%

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Summary of Timing of Revenue Recognition, Includes Reconciliation of Disaggregated Revenue by Reportable Segment	The following table provides information about disaggregated revenue for the three months ended March 31, 2020 and 2019 by the timing of revenue recognition, and includes a reconciliation of the disaggregated revenue by reportable segment (in thousands): Three Months Ended 2020 2019 Software & Services Products and services transferred over time $ 8,330 $ 8,875 Products transferred at a point in time 2,732 2,283 Total Software & Services 11,062 11,158 Portal & Advertising Products and services transferred over time 1,224 1,506 Products transferred at a point in time 8,297 19,160 Total Portal & Advertising 9,521 20,666 Total Revenue $ 20,583 $ 31,824
Summary of Revenue Disaggregated by Geography Areas	Revenue disaggregated by geography, based on the billing address of our customer, consists of the following (in thousands): Three Months Ended 2020 2019 Revenue United States $ 15,295 $ 26,274 International 5,288 5,550 Total revenue $ 20,583 $ 31,824
Schedule of Contract with Customer, Asset and Liability	The changes in deferred revenue, inclusive of both current and long-term, are as follows (in thousands): Beginning balance - January 1, 2020 $ 8,875 Recognition of deferred revenue (2,793) Deferral of revenue 2,254 Effect of foreign currency translation (89) Ending balance - March 31, 2020 $ 8,247

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Leases [Abstract]
Schedule of Components of Lease Costs, Lease Term and Discount Rate	The components of lease costs are as follows (in thousands): Three Months Ended Three Months Ended Finance lease cost Amortization of right-of-use assets $ 1,012 $ 628 Interest 42 189 Operating lease cost 717 1,090 Total lease cost $ 1,771 $ 1,907 The lease term and discount rate are as follows : March 31, 2020 December 31, 2019 Weighted Average Remaining Lease Term Operating leases 2.1 Years 2.0 Years Finance leases 1.8 Years 1.2 Years Weighted Average Discount Rate Operating leases 6.0 % 6.0 % Finance leases 4.5 % 5.0 %
Schedule of Maturities of Operating Leases Liabilities	The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2020 (in thousands): Operating Leases Finance Leases The remainder of 2020 $ 1,594 $ 1,696 2021 1,601 701 2022 930 405 2023 434 66 2024 34 29 2025 — 2 Total undiscounted cash flows 4,593 2,899 Less imputed interest (356) (94) Present value of lease liabilities $ 4,237 $ 2,805
Schedule of Maturities of Finance Leases Liabilities	The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2020 (in thousands): Operating Leases Finance Leases The remainder of 2020 $ 1,594 $ 1,696 2021 1,601 701 2022 930 405 2023 434 66 2024 34 29 2025 — 2 Total undiscounted cash flows 4,593 2,899 Less imputed interest (356) (94) Present value of lease liabilities $ 4,237 $ 2,805
Schedule of Supplemental Cash Flow Leases	Supplemental cash flow information related to leases are as follows (in thousands): Three Months Ended Three Months Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 778 $ 1,202 Operating cash flows from finance leases $ 42 $ 576 Financing cash flows from finance leases $ 1,107 $ 48 Lease liabilities arising from obtaining right-of-use-assets: Operating leases $ — $ — Finance leases $ 557 $ —

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in the Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the three months ended March 31, 2020 are as follows (in thousands): Software & Services Portal & Advertising Total December 31, 2019 $ 11,804 $ 4,144 $ 15,948 Effect of foreign currency translation (14) — (14) March 31, 2020 $ 11,790 $ 4,144 $ 15,934
Schedule of Intangible Assets	Intangible assets consisted of the following (in thousands): March 31, 2020 December 31, 2019 Customer and publisher relationships $ 14,780 $ 14,780 Technology 2,330 2,330 Trademark 300 300 Intangible assets, gross 17,410 17,410 Less accumulated amortization (9,535) (8,999) Intangible assets, net $ 7,875 $ 8,411

Property and Equipment - Net (T

Property and Equipment - Net (Tables)	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment, net consisted of the following (in thousands): March 31, 2020 December 31, 2019 Computer equipment $ 25,784 $ 25,392 Computer software 31,813 31,037 Furniture and fixtures 1,304 1,315 Leasehold improvements 1,097 1,116 Work in process (primarily software development costs) 253 187 Other 260 136 Property and equipment, gross 60,511 59,183 Less accumulated depreciation (46,277) (44,235) Property and equipment, net $ 14,234 $ 14,948
Schedule of Long Lived Tangible Assets by Geographic Area	The following table sets forth long-lived tangible assets by geographic area (in thousands): March 31, 2020 December 31, 2019 Long-lived tangible assets: United States $ 13,954 $ 14,629 International 280 319 Total long-lived tangible assets $ 14,234 $ 14,948

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2020
Accounts Payable and Accrued Liabilities, Current [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consisted of the following (in thousands): March 31, 2020 December 31, 2019 Accrued compensation $ 1,607 $ 4,209 Accrued content fees and other costs of revenue 308 151 Accrued taxes 343 192 Other 1,055 1,326 Total $ 3,313 $ 5,878

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Summary of Financial Information for Companies Reportable Segments	The tables below summarize the financial information for the Company’s reportable segments for the three months ended March 31, 2020 and 2019 (in thousands). The “Corporate Unallocated Expenses” category, as it relates to Segment Adjusted EBITDA, primarily includes corporate overhead costs, such as rent, payroll and related benefit costs and professional services which are not directly attributable to any individual segment. Three Months Ended Revenue Cost of revenue (1) Segment Adjusted Software & Services $ 11,062 $ 3,206 $ 3,528 Portal & Advertising 9,521 7,523 (241) Corporate Unallocated Expenses — — (2,974) Total Company $ 20,583 $ 10,729 $ 313 Three Months Ended Revenue Cost of revenue (1) Segment Adjusted Software & Services $ 11,158 $ 3,503 $ 2,794 Portal & Advertising 20,666 13,003 2,621 Corporate Unallocated Expenses — — (3,711) Total Company $ 31,824 $ 16,506 $ 1,704 Notes: (1) Exclusive of depreciation and amortization shown separately on the condensed consolidated statements of operations
Reconciliation of Total Segment Adjusted EBITDA to Net Loss	The following table reconciles total Segment Adjusted EBITDA to Net loss (in thousands): Three Months Ended 2020 2019 Total Segment Adjusted EBITDA $ 313 $ 1,704 Less: Provision for income taxes (331) (277) Interest expense (59) (64) Other income, net 167 216 Depreciation and amortization (2,732) (2,487) Asset impairment — (226) Stock-based compensation expense (377) (331) Restructuring costs (60) — Certain professional services and legal fees* (1,446) (779) Net loss $ (4,525) $ (2,244) Notes: * "Certain legal & professional services fees" includes legal fees and other related expenses outside the ordinary course of business, as well as fees and expenses related to merger and acquisition activities.

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2020
Share-based Payment Arrangement [Abstract]
Schedule of Weighted Average Assumptions Used to Estimate the Fair Value of Options Granted	The following table presents the weighted-average assumptions used to estimate the fair value of options granted during the periods indicated: Three Months Ended Three Months Ended Weighted average grant date fair value $ 0.88 $ 0.99 Expected dividend yield — % — % Expected stock price volatility 63 % 61 % Risk-free interest rate 2.1 % 2.6 % Expected life of options (in years) 5.82 6.25
Schedule of Total Stock Based Compensation Expense	Total stock-based compensation expense included in the accompanying condensed consolidated statements of operations for the periods presented, is as follows (in thousands): Three Months Ended 2020 2019 Technology and development $ 57 $ 103 Sales and marketing 101 115 General and administrative 219 113 Total stock-based compensation expense $ 377 $ 331
Summary of Stock Option Activity	Stock Option Activity – A summary of the stock option activity for the three months ended March 31, 2020 is presented below: Number of Weighted Weighted Aggregate Outstanding at January 1, 2020 7,296,746 $ 2.48 Granted 76,500 1.52 Exercised — — Forfeited (43,917) 2.05 Expired (331,996) 2.40 Outstanding at March 31, 2020 6,997,333 $ 2.47 5.33 $ — Vested and expected to vest at March 31, 2020 6,961,490 $ 2.48 5.30 $ — Vested and exercisable at March 31, 2020 5,872,722 $ 2.54 4.76 $ —
Summary of RSU Activity	RSU Activity —A summary of RSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted Average Unvested—January 1, 2020 677,354 $ 1.54 Granted 87,506 1.10 Vested (190,873) 1.52 Forfeited (1,251) 1.76 Unvested—March 31, 2020 572,736 $ 1.49
Summary of PSU Activity	A summary of PSU activity for the three months ended March 31, 2020 is as follows: Number of Shares Weighted Average Unvested—January 1, 2020 297,789 $ 1.36 Granted — — Vested — — Forfeited (74,442) — Unvested—March 31, 2020 223,347 $ 1.36

Net Loss Per Common Share Data

Net Loss Per Common Share Data (Tables)	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Schedule of Securities Excluded from Calculation of Diluted Net Loss Per Share	The following securities were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented: Three Months Ended 2020 2019 Anti-dilutive equity awards: Stock options 7,147,040 7,612,104 Restricted stock units 625,045 202,888 Performance based stock units 260,568 —

The Company and Summary of Si_4

The Company and Summary of Significant Accounting Principles - Schedule of Concentrations Equal to or Exceeding 10% of Company's Accounts Receivable, Revenue, and Cost of Revenue (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2019
Credit Concentration Risk | Accounts Receivable | Portal & Advertising Customer A
Concentration Risk [Line Items]
Concentration risk, percentage		14.00%
Product Concentration Risk | Revenue | Google search
Concentration Risk [Line Items]
Concentration risk, percentage	11.00%
Product Concentration Risk | Revenue | Portal & Advertising Customer A
Concentration Risk [Line Items]
Concentration risk, percentage	13.00%
Customer Concentration Risk | Cost of Revenue | Portal & Advertising Customer B
Concentration Risk [Line Items]
Concentration risk, percentage	30.00%

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Additional Information (Details)	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue, performance obligation, description of timing	The Company usually expects payment within 30 to 90 days from the invoice date (fulfillment of performance obligations or per contract terms).

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Summary of Timing of Revenue Recognition, Includes Reconciliation of Disaggregated by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Total revenue	$ 20,583	$ 31,824
Software & Services
Disaggregation of Revenue [Line Items]
Total revenue	11,062	11,158
Software & Services | Products and services transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	8,330	8,875
Software & Services | Products transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	2,732	2,283
Portal & Advertising
Disaggregation of Revenue [Line Items]
Total revenue	9,521	20,666
Portal & Advertising | Products and services transferred over time
Disaggregation of Revenue [Line Items]
Total revenue	1,224	1,506
Portal & Advertising | Products transferred at a point in time
Disaggregation of Revenue [Line Items]
Total revenue	$ 8,297	$ 19,160

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Schedule of Contract with Customer, Asset and Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Total revenue	$ 20,583	$ 31,824
United States
Disaggregation of Revenue [Line Items]
Total revenue	15,295	26,274
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 5,288	$ 5,550

Revenue from Contracts with C_6

Revenue from Contracts with Customers - Schedule of Changes in Deferred Revenue, Inclusive of Both Current and Long-term (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Movement in Deferred Revenue [Roll Forward]
Beginning balance - January 1, 2020	$ 8,875
Recognition of deferred revenue	(2,793)
Deferral of revenue	2,254
Effect of foreign currency translation	(89)
Ending balance - March 31, 2020	$ 8,247

Revenue from Contracts with C_7

Revenue from Contracts with Customers - Remaining Performance Obligations - Additional Information (Details)	Mar. 31, 2020
Maintenance and Support Contracts for Email Software Licenses | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	12 months

Leases - Schedule of Components

Leases - Schedule of Components of Lease Costs, Lease Term and Discount Rate (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Leases [Abstract]
Amortization of right-of-use assets	$ 1,012	$ 628
Interest	42	189
Operating lease cost	717	1,090
Total lease cost	$ 1,771	$ 1,907
Weighted average remaining lease term, operating leases	2 years 1 month 6 days		2 years
Weighted average remaining lease term, finance leases	1 year 9 months 18 days		1 year 2 months 12 days
Weighted average discount rate, operating leases	6.00%		6.00%
Weighted average discount rate, finance leases	4.50%		5.00%

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Operating and Finance Leases Liabilities (Details) $ in Thousands	Mar. 31, 2020USD ($)
Operating Leases
The remainder of 2020	$ 1,594
2021	1,601
2022	930
2023	434
2024	34
2025	0
Total undiscounted cash flows	4,593
Less imputed interest	(356)
Present value of lease liabilities	4,237
Finance Leases
The remainder of 2020	1,696
2021	701
2022	405
2023	66
2024	29
2025	2
Total undiscounted cash flows	2,899
Less imputed interest	(94)
Present value of lease liabilities	$ 2,805

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 778	$ 1,202
Operating cash flows from finance leases	42	576
Financing cash flows from finance leases	1,107	48
Lease liabilities arising from obtaining right-of-use-assets:
Operating leases	0	0
Finance leases	$ 557	$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Changes in the Carrying Amount of Goodwill (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Goodwill [Roll Forward]
Balance, beginning of year	$ 15,948
Effect of foreign currency translation	(14)
Balance, end of year	15,934
Software & Services
Goodwill [Roll Forward]
Balance, beginning of year	11,804
Effect of foreign currency translation	(14)
Balance, end of year	11,790
Portal & Advertising
Goodwill [Roll Forward]
Balance, beginning of year	4,144
Effect of foreign currency translation	0
Balance, end of year	$ 4,144

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Accumulated impairment losses	$ 0
Amortization of intangible assets	500,000	$ 500,000
Amortization of intangible assets for the remainder of 2020	1,500,000
Amortizable intangible assets 2021	1,400,000
Amortizable intangible assets 2022	1,300,000
Amortizable intangible assets 2023	1,300,000
Amortizable intangible assets 2024	1,300,000
Amortization intangible assets thereafter	$ 900,000

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 17,410	$ 17,410
Less accumulated amortization	(9,535)	(8,999)
Intangible assets, net	7,875	8,411
Customer and publisher relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	14,780	14,780
Technology
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	2,330	2,330
Trademark
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 300	$ 300

Property and Equipment - Net -

Property and Equipment - Net - Schedule of Property and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 60,511	$ 59,183
Less accumulated depreciation	(46,277)	(44,235)
Property and equipment, net	14,234	14,948
Computer equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	25,784	25,392
Computer software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	31,813	31,037
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,304	1,315
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,097	1,116
Work in process (primarily software development costs)
Property, Plant and Equipment [Line Items]
Property and equipment, gross	253	187
Other
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 260	$ 136

Property and Equipment - Net _2

Property and Equipment - Net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 1,700	$ 2,000
Property and equipment, gross	60,511		$ 59,183
Accumulated depreciation	46,277		44,235
Computer Equipment and Software Held Under Finance Leases
Property, Plant and Equipment [Line Items]
Property and equipment, gross	11,300		10,800
Accumulated depreciation	7,000		$ 6,200
Software Development for Internal Use
Property, Plant and Equipment [Line Items]
Capitalized costs	400	700
Software Development for Sale or License
Property, Plant and Equipment [Line Items]
Capitalized costs	500	300
Software Development for Sale or License | Depreciation and Amortization
Property, Plant and Equipment [Line Items]
Amortization costs sale or license	500	0
Software Capitalized for Internal Use
Property, Plant and Equipment [Line Items]
Impairment charges	0	200
Software Capitalized for Internal Use | Depreciation and Amortization
Property, Plant and Equipment [Line Items]
Amortization costs sale or license	$ 700	$ 1,100

Property and Equipment - Net _3

Property and Equipment - Net - Schedule of Long Lived Tangible Assets by Geographic Area (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Revenues from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	$ 14,234	$ 14,948
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	13,954	14,629
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	$ 280	$ 319

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounts Payable and Accrued Liabilities, Current [Abstract]
Accrued compensation	$ 1,607	$ 4,209
Accrued content fees and other costs of revenue	308	151
Accrued taxes	343	192
Other	1,055	1,326
Total	$ 3,313	$ 5,878

Segment Information - Additiona

Segment Information - Additional Information (Details)	3 Months Ended
	Mar. 31, 2020segment
Segment Reporting [Abstract]
Number of reporting segments	2

Segment Information - Summary o

Segment Information - Summary of Financial Information for Companies Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Revenue	$ 20,583	$ 31,824
Cost of revenue	10,729	16,506
Segment Adjusted EBITDA	313	1,704
Software & Services
Segment Reporting Information [Line Items]
Revenue	11,062	11,158
Portal & Advertising
Segment Reporting Information [Line Items]
Revenue	9,521	20,666
Operating Segments | Software & Services
Segment Reporting Information [Line Items]
Revenue	11,062	11,158
Cost of revenue	3,206	3,503
Segment Adjusted EBITDA	3,528	2,794
Operating Segments | Portal & Advertising
Segment Reporting Information [Line Items]
Revenue	9,521	20,666
Cost of revenue	7,523	13,003
Segment Adjusted EBITDA	(241)	2,621
Corporate Unallocated Expenses
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	$ 2,974	$ 3,711

Segment Information - Reconcili

Segment Information - Reconciliation of Total Segment Adjusted EBITDA to Net Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting [Abstract]
Total Segment Adjusted EBITDA	$ 313	$ 1,704
Provision for income taxes	(331)	(277)
Interest expense	(59)	(64)
Other income, net	167	216
Depreciation and amortization	(2,732)	(2,487)
Asset impairment	0	(226)
Stock-based compensation expense	(377)	(331)
Restructuring costs	(60)	0
Certain professional services and legal fees	(1,446)	(779)
NET LOSS	$ (4,525)	$ (2,244)

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Weighted-Average Assumptions Used to Estimate the Fair Value of Options Granted (Details) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Payment Arrangement [Abstract]
Weighted average grant date fair value (in dollars per share)	$ 0.88	$ 0.99
Expected dividend yield (as a percent)	0.00%	0.00%
Expected stock price volatility (as a percent)	63.00%	61.00%
Risk-free interest rate	2.10%	2.60%
Expected life of options (in years)	5 years 9 months 25 days	6 years 3 months

Stock-based Compensation - Sc_2

Stock-based Compensation - Schedule of Total Stock Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 377	$ 331
Technology and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	57	103
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	101	115
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 219	$ 113

Stock-based Compensation - Summ

Stock-based Compensation - Summary of Stock Option Activity (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)$ / sharesshares
Number of Shares
Outstanding at beginning of period (in shares) | shares	7,296,746
Granted (in shares) | shares	76,500
Exercised (in shares) | shares	0
Forfeited (in shares) | shares	(43,917)
Expired (in shares) | shares	(331,996)
Outstanding at end of period (in shares) | shares	6,997,333
Vested and expected to vest at end of period (in shares) | shares	6,961,490
Vested and exercisable at end of period (in shares) | shares	5,872,722
Weighted Average Exercise Price
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 2.48
Granted (in dollars per share) | $ / shares	1.52
Exercised (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	2.05
Expired (in dollars per share) | $ / shares	2.40
Outstanding at end of period (in dollars per share) | $ / shares	2.47
Vested and expected to vest at end of period (in dollars per share) | $ / shares	2.48
Vested and exercisable at end of period (in dollars per share) | $ / shares	$ 2.54
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures
Weighted average remaining contractual term (in years), outstanding	5 years 3 months 29 days
Weighted average remaining contractual term (in years), vested and expected to vest	5 years 3 months 18 days
Weighted average remaining contractual term (in years), vested and exercisable	4 years 9 months 3 days
Aggregate intrinsic value, outstanding | $	$ 0
Aggregate intrinsic value, vested and expected to vest | $	0
Aggregate intrinsic value, vested and exercisable | $	$ 0

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing stock price as reported on the Nasdaq (in dollars per share)	$ 1.02
Weighted average fair value of options granted (in dollars per share)	$ 0.88	$ 0.99
Unrecognized compensation cost related to options granted after adjustment for estimated forfeitures	$ 1,200
Expected weighted average remaining period to recognize total unrecognized compensation cost	2 years 3 days
RSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted average remaining period to recognize total unrecognized compensation cost	2 years 21 days
Total unrecognized compensation cost, adjusted for estimated forfeitures for awards excluding option	$ 700
PSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted average remaining period to recognize total unrecognized compensation cost	2 years 9 months 3 days
Total unrecognized compensation cost, adjusted for estimated forfeitures for awards excluding option	$ 200

Stock-based Compensation - Su_2

Stock-based Compensation - Summary of RSU Activity (Details) - RSU	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Number of Shares
Unvested at beginning of period (in shares) | shares	677,354
Granted (in shares) | shares	87,506
Vested (in shares) | shares	(190,873)
Forfeited (in shares) | shares	(1,251)
Unvested at end of period (in shares) | shares	572,736
Weighted Average Fair Value
Unvested at beginning of period (in dollars per share) | $ / shares	$ 1.54
Granted (in dollars per share) | $ / shares	1.10
Vested (in dollars per share) | $ / shares	1.52
Forfeited (in dollars per share) | $ / shares	1.76
Unvested at end of period (in dollars per share) | $ / shares	$ 1.49

Stock-based Compensation - Su_3

Stock-based Compensation - Summary of PSU Activity (Details) - PSU	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Number of Shares
Unvested at beginning of period (in shares) | shares	297,789
Granted (in shares) | shares	0
Released | shares	0
Forfeited (in shares) | shares	(74,442)
Unvested at end of period (in shares) | shares	223,347
Weighted Average Fair Value
Unvested at beginning of period (in dollars per share) | $ / shares	$ 1.36
Granted (in dollars per share) | $ / shares	0
Vested (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	0
Unvested at end of period (in dollars per share) | $ / shares	$ 1.36

Net Loss Per Common Share Dat_2

Net Loss Per Common Share Data - Schedule of Securities Excluded from Calculation of Diluted Net Loss Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive equity awards (in shares)	7,147,040	7,612,104
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive equity awards (in shares)	625,045	202,888
Performance based stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive equity awards (in shares)	260,568	0

Merger Agreement with Qumu Co_2

Merger Agreement with Qumu Corporation (Details) - Qumu Corporation Merger - USD ($) $ / shares in Units, $ in Millions	Feb. 11, 2020	Mar. 31, 2020
Business Acquisition [Line Items]
Business acquisition, share price	$ 0.01
Newly issued shares	1.61
Business acquisition, termination fee	$ 2
Payments for merger related costs		$ 1.4