Synacor 10-Q 14 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 10, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Trading Symbol	SYNC
Entity Registrant Name	Synacor, Inc.
Entity Central Index Key	1,408,278
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		38,686,068

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - Unaudited - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 22,932	$ 14,315
Accounts receivable, net of allowance of $70 and $263, respectively	20,453	27,386
Prepaid expenses and other current assets	6,583	4,862
Total current assets	49,968	46,563
PROPERTY AND EQUIPMENT, net	20,749	14,406
GOODWILL	15,956	15,943
INTANGIBLE ASSETS, net	13,230	14,837
OTHER LONG-TERM ASSETS	802	1,650
Total assets	100,705	93,399
CURRENT LIABILITIES:
Accounts payable	17,791	18,769
Accrued expenses and other current liabilities	8,126	11,684
Current portion of deferred revenue	11,005	12,149
Current portion of capital lease obligations	2,479	982
Total current liabilities	39,401	43,584
LONG-TERM PORTION OF CAPITAL LEASE OBLIGATIONS	3,981	1,014
DEFERRED REVENUE	2,981	3,917
LONG-TERM DEBT		5,000
OTHER LONG-TERM LIABILITIES	428	235
Total liabilities	46,791	53,750
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:
Preferred stock – par value $0.01 per share; authorized 10,000,000 shares; none issued
Common stock – par value $0.01 per share; authorized 100,000,000 shares; 39,451,256 shares issued and 38,635,883 shares outstanding at September 30, 2017 and 31,626,635 shares issued and 30,881,148 shares outstanding at December 31, 2016	395	316
Treasury stock – at cost, 815,373 shares at September 30, 2017 and 745,487 shares at December 31, 2016	(1,664)	(1,547)
Additional paid-in capital	141,700	117,747
Accumulated deficit	(86,521)	(76,850)
Accumulated other comprehensive income (loss)	4	(17)
Total stockholders’ equity	53,914	39,649
Total liabilities and stockholders’ equity	$ 100,705	$ 93,399

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets - Unaudited (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$ 70	$ 263
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	39,451,256	31,626,635
Common stock, shares outstanding	38,635,883	30,881,148
Treasury stock, shares	815,373	745,487

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - Unaudited - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
REVENUE	$ 36,269	$ 31,721	$ 94,025	$ 92,457
COSTS AND OPERATING EXPENSES:
Cost of revenue (exclusive of depreciation and amortization shown separately below)	17,620	14,611	44,644	41,099
Technology and development (exclusive of depreciation and amortization shown separately below)	6,748	6,791	20,950	19,255
Sales and marketing	6,179	5,907	19,025	17,177
General and administrative (exclusive of depreciation and amortization shown separately below)	4,495	4,871	12,820	15,027
Depreciation and amortization	2,596	2,414	7,004	6,782
Total costs and operating expenses	37,638	34,594	104,443	99,340
LOSS FROM OPERATIONS	(1,369)	(2,873)	(10,418)	(6,883)
GAIN ON SALE OF INVESTMENT	1,902		1,902
OTHER INCOME (EXPENSE)	99	(38)	172	206
INTEREST EXPENSE	(127)	(75)	(328)	(227)
INCOME (LOSS) BEFORE INCOME TAXES	505	(2,986)	(8,672)	(6,904)
INCOME TAX PROVISION	244	379	999	783
NET INCOME (LOSS)	$ 261	$ (3,365)	$ (9,671)	$ (7,687)
NET INCOME (LOSS) PER SHARE:
Basic	$ 0.01	$ (0.11)	$ (0.27)	$ (0.26)
Diluted	$ 0.01	$ (0.11)	$ (0.27)	$ (0.26)
WEIGHTED AVERAGE SHARES USED TO COMPUTE NET INCOME (LOSS) PER SHARE:
Basic	38,471,377	30,260,172	35,590,563	30,108,725
Diluted	39,940,790	30,260,172	35,590,563	30,108,725

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Loss - Unaudited - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 261	$ (3,365)	$ (9,671)	$ (7,687)
Other comprehensive income:
Changes in foreign currency translation adjustment	(23)	112	21	(19)
Comprehensive income (loss)	$ 238	$ (3,253)	$ (9,650)	$ (7,706)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (9,671)	$ (7,687)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	7,004	6,782
Capitalized software impairment	256
Stock-based compensation expense	1,928	2,104
Gain on sale of long-term investment	(1,902)
Provision for deferred income taxes	197
Increase in estimated value of contingent consideration	107	90
Changes in operating assets and liabilities, net of effect of acquisition:
Accounts receivable, net	6,933	5,313
Prepaid expenses and other assets	(1,646)	(1,282)
Accounts payable	(1,668)	1,842
Accrued expenses and other liabilities	(2,369)	1,245
Deferred revenue	(2,080)	(1,696)
Net cash (used in) provided by operating activities	(2,911)	6,711
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from the sale of investment	2,645
Purchases of property and equipment	(5,774)	(4,246)
Acquisition		(2,500)
Net cash used in investing activities	(3,129)	(6,746)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from offering of common stock, net of underwriting costs	20,258
Payments of public offering issuance costs	(212)
Repayments of long-term debt	(5,000)
Repayments on capital lease obligations	(914)	(1,242)
Proceeds from exercise of common stock options	1,942	744
Treasury stock shares received to satisfy minimum withholding liabilities	(117)	(128)
Deferred acquisition payments	(1,300)
Net cash provided by (used in) financing activities	14,657	(626)
Effect of exchange rate changes on cash and cash equivalents		(8)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	8,617	(669)
Cash and cash equivalents, beginning of period	14,315	15,697
Cash and cash equivalents, end of period	22,932	15,028
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	328	247
Cash paid for income taxes	572	439
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Non-cash proceeds from sale investment	257
Liability for estimated additional acquisition consideration		567
Property, equipment and service center contracts financed under capital lease	5,832	982
Minimum capital lease payments in accounts payable	454
Accrued property and equipment expenditures	462	463
Stock-based compensation capitalized to property and equipment	$ 116	$ 142

The Company and Summary of Sign

The Company and Summary of Significant Accounting Principles	9 Months Ended
	Sep. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
The Company and Summary of Significant Accounting Principles	1. The Company and Summary of Significant Accounting Principles Synacor, Inc., together with its consolidated subsidiaries (collectively, the “Company” or “Synacor”), is the trusted technology development, multiplatform services and revenue partner for video, internet and communications providers, device manufacturers, governments and enterprises. Synacor enables its customers to provide their consumers engaging, multiscreen experiences and advertising to their consumers that require scale, actionable data and sophisticated implementation. 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, 2016 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, 2016. 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. Accordingly, actual results may differ from estimated amounts. Concentrations of Risk — As of September 30, 2017 and December 31, 2016, the Company had concentrations equal to or exceeding 10% of the Company’s accounts receivable as follows: Accounts Receivable September 30, 2017 December 31, 2016 Google advertising affiliate 17 % * Google search 9 % * Advertising customer 14 % * * - Less than 10% For the three and nine months ended September 30, 2017 and 2016, the Company had concentrations equal to or exceeding 10% of the Company’s revenue as follows: Revenue Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Google search 17 % 10 % 15 % 14 % Google advertising affiliate 22 % * 19 % * * - Less than 10% For the three and nine months ended September 30, 2017 and 2016, 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 Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Customer A 11 % 22 % 13 % 26 % Customer B 27 % * 16 % * Customer C * * * 10 % * - Less than 10% Recent Accounting Pronouncements — Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09 (ASU 2014-09), Revenue from Contracts with Customers Revenue from Contracts with Customers: Deferral of the Effective Date Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing, The Company is currently in the process of assessing the financial impact of adopting these ASUs and the methods of adoption. The Company currently recognizes subscription license revenue from its Email/Collaboration contracts, which is included within recurring and fee-based revenue, over the life of the contracts (which are typically six months or longer). The Company has concluded that the new guidance will require significantly expanded revenue disclosures, and has tentatively concluded that it is likely that this new guidance will require it to recognize a portion of the revenue from those license contracts upon delivery, at the inception of the contracts, which would have the effect of accelerating recognition of revenue on such contracts, and may have a material impact on the Company’s consolidated financial statements. The standard will be effective for the Company beginning January 1, 2018. The Company will adopt the standard as of its effective date of January 1, 2018. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the cumulative catch-up transition method). The Company has decided to use the latter method. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments Recently Adopted In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment (Topic 350)

Stock Offering

Stock Offering	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Stock Offering	2. Stock Offering In April 2017, the Company completed an underwritten public offering (the “Offering”) of its common stock in which it sold 5,715,000 shares at a price of $3.50 per share. Subsequently, in May 2017, and as part of the Offering, the Company completed the sale of 472,846 additional shares of its common stock at the same price upon the exercise of the underwriters’ over-allotment option, for a total of 6,187,846 shares. The Offering resulted in total net proceeds of $20.0 million, after deduction of underwriting discounts and commissions totaling $1.4 million and other offering expenses totaling $0.2 million.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
Acquisitions	3. Acquisitions In August 2015, the Company and Zimbra, Inc. (now known as “TZ Holdings”) entered into an agreement under which the Company acquired certain assets relating to TZ Holdings’ email/collaboration products and services business, including certain of its wholly-owned foreign subsidiaries, for cash consideration of $17.3 million, 2.4 million shares of common stock and warrants to purchase 480,000 shares of common stock (collectively valued at $3.2 million). The Company held back an additional 600,000 shares of common stock and warrants to purchase an additional 120,000 shares of common stock (collectively valued at $0.8 million at the acquisition date) to secure TZ Holdings’ indemnification obligations including pending claims. The held back common shares and warrants were released to TZ holdings in March 2017. The warrants expire on September 14, 2018. Additionally, TZ Holdings was eligible to receive cash consideration of up to $2.0 million (the “Earn-Out Consideration”) upon the satisfaction of certain business performance milestones following the closing of the transaction, subject to and contingent upon any reduction to satisfy indemnification claims including pending claims. The acquisition date fair value of this contingent consideration was estimated to be $1.6 million. The Company paid $0.9 million of the Earn-Out Consideration to TZ Holdings in November 2016, and the Company paid the remaining $0.7 million of the Earn-Out Consideration in May 2017. In connection with the Company’s February 2016 acquisition of Technorati, the Company withheld $0.5 million of the purchase price to secure Technorati’s indemnification obligations under the Asset Purchase Agreement, and the Company owed approximately $0.1 million in post-closing working capital adjustments. These amounts were paid in March 2017.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	4. Goodwill and Other Intangible Assets The change in goodwill is as follows for the nine months ended September 30, 2017 and 2016 (in thousands): Nine Months Ended September 30, 2017 2016 Balance – beginning of period $ 15,943 $ 15,187 Acquisition of Technorati — 751 Effect of foreign currency translation 13 11 Balance – end of period $ 15,956 $ 15,949 Intangible assets consisted of the following (in thousands): September 30, 2017 December 31, 2016 Customer and publisher relationships $ 14,780 $ 14,780 Technology 2,330 2,330 Trademark 300 300 17,410 17,410 Less accumulated amortization (4,180 ) (2,573 ) Intangible assets, net $ 13,230 $ 14,837 Amortization of intangible assets totaled $0.6 million and $0.5 million for the three months ended September 30, 2017 and 2016, respectively, and $1.6 million and $1.5 million for the nine months ended September 30, 2017 and 2016, respectively.

Property and Equipment - Net

Property and Equipment - Net	9 Months Ended
	Sep. 30, 2017
Property Plant And Equipment [Abstract]
Property and Equipment - Net	5. Property and Equipment – Net Property and equipment, net consisted of the following (in thousands): September 30, 2017 December 31, 2016 Computer equipment (1) $ 28,782 $ 23,438 Computer software 18,075 15,198 Furniture and fixtures 2,601 2,062 Leasehold improvements 1,638 1,463 Work in process (primarily software development costs) 7,468 4,572 Other 126 249 58,690 46,982 Less accumulated depreciation (2) (37,941 ) (32,576 ) Property and equipment, net $ 20,749 $ 14,406 Notes: (1) Includes equipment and software held under capital leases of $11.1 million and $5.2 million as of September 30, 2017 and December 31, 2016, respectively. (2) Includes $4.6 million and $3.4 million of accumulated depreciation of equipment under capital leases as of September 30, 2017 and December 31, 2016, respectively. Depreciation expense totaled $2.1 million and $1.9 million for the three months ended September 30, 2017 and 2016, respectively, and $5.4 million and $5.3 million, for the nine months ended September 30, 2017 and 2016, respectively.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	9 Months Ended
	Sep. 30, 2017
Payables And Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	6. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in thousands): September 30, 2017 December 31, 2016 Accrued compensation $ 4,429 $ 6,860 Accrued content fees 1,289 1,788 Accrued business acquisition consideration — 1,193 Other 2,408 1,843 Total $ 8,126 $ 11,684

Information About Segment and G

Information About Segment and Geographic Areas	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Information About Segment and Geographic Areas	7. Information About Segment and Geographic Areas Operating segments are components of the Company in which separate financial information is available that is evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and in assessing performance. The chief operating decision maker for the Company is the Chief Executive Officer. The Chief Executive Officer reviews financial information presented on a total company basis, accompanied by information about revenue by major service line for purposes of allocating resources and evaluating financial performance. Profitability measures by service line are not prepared or used. The Company has one business activity and there are no segment managers who are held accountable for operations, operating results or plans for levels or components below the company level. Accordingly, the Company has determined that it has a single reporting segment and operating unit structure. The following tables set forth revenue and long-lived tangible assets by geographic area (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Revenue: United States $ 30,742 $ 27,169 $ 77,600 $ 79,787 International 5,527 4,552 16,425 12,670 Total revenue $ 36,269 $ 31,721 $ 94,025 $ 92,457 September 30, 2017 December 31, 2016 Long-lived tangible assets: United States $ 19,952 $ 13,519 Canada 526 573 Other international 271 314 Total long-lived tangible assets $ 20,749 $ 14,406

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies Contract Commitments — The Company is obligated to make minimum payments under various contracts with vendors and other business partners, principally for revenue-share and content arrangements. Contract commitments as of September 30, 2017 are as follows (in thousands): Year ending December 31, 2017 (remaining - three months) $ 225 2018 900 2019 900 2020 300 Total $ 2,325 Capital Lease Commitments — Capital lease commitments for the remainder of 2017 and for the following three years as of September 30, 2017 are summarized as follows (in thousands): Years Ending December 31, Capital Lease Commitments 2017 (three months remaining) $ 719 2018 2,712 2019 2,351 2020 1,152 Total minimum capital lease commitments 6,934 Less-amount representing interest 474 Total capital lease obligations 6,460 Less-current portion of capital lease obligations 2,479 Long-term portion of capital lease obligations $ 3,981 Litigation — From time to time, the Company is a party to legal actions. In the opinion of management, the outcome of these matters is not expected to have a material impact on the consolidated financial statements of the Company.

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	Sep. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-based Compensation	9. Stock-based Compensation The Company has stock-based employee compensation plans for which compensation cost is recognized in its financial statements. 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). No income tax deduction is allowed for incentive stock options (“ISOs”). Accordingly, no deferred income tax asset is recorded for the potential tax deduction related to these options. Expense related to stock option grants of non-qualified stock options (“NSOs”) results in a temporary difference, which gives rise to a deferred tax asset. 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 Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Technology and development $ 190 $ 238 $ 604 $ 681 Sales and marketing 142 173 500 604 General and administrative 273 269 824 819 Total stock-based compensation expense $ 605 $ 680 $ 1,928 $ 2,104 Stock Option Activity – A summary of the stock option activity for the nine months ended September 30, 2017 is presented below: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in thousands) Outstanding at January 1, 2017 8,756,174 $ 2.53 Granted 1,486,400 3.21 Exercised (858,438 ) 2.24 Forfeited or expired (678,005 ) 3.64 Outstanding at September 30, 2017 8,706,131 $ 2.59 7.16 $ 3,267 Vested and expected to vest at September 30, 2017 8,380,530 $ 2.58 7.09 $ 3,173 Vested and exercisable at September 30, 2017 4,959,229 $ 2.59 6.13 $ 1,934 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 September 30, 2017 was $2.70 per share. The total intrinsic value of options exercised for the nine months ended September 30, 2017 was $1.0 million. The weighted average fair value of options issued during the nine months ended September 30, 2017 amounted to $1.55 per option share. As of September 30, 2017, the unrecognized compensation cost related to non-vested options granted, for which vesting is probable, and adjusted for estimated forfeitures, was approximately $4.4 million. This cost is expected to be recognized over a weighted-average period of 2.6 years. The total fair value of shares vested was $1.5 million for the nine months ended September 30, 2017. In addition, the Company may, from time to time, grant Restricted Stock Units (“RSUs”) to its employees. A summary of RSU activity for the nine months ended September 30, 2017 is presented below: Number of Shares Weighted Average Fair Value Unvested—January 1, 2017 319,889 $ 2.71 Granted — — Released (174,236 ) 2.51 Forfeited (18,427 ) 2.96 Unvested—September 30, 2017 127,226 $ 2.95 Unvested expected to vest—September 30, 2017 123,975 $ 2.93

Net Income (Loss) Per Common Sh

Net Income (Loss) Per Common Share Data	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Net Income (Loss) Per Common Share Data	10. Net Income (Loss) Per Common Share Data Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net income (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, 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. Stock options, warrants and RSUs are not included in the calculation of diluted net loss per share for the nine months ended September 30, 2017 and for the three and nine months ended September 30, 2016 because the Company had a net loss for those periods. The inclusion of these equity awards would have had an antidilutive effect on the calculation of diluted loss per share. As such, the Company’s calculations of basic and diluted net loss per share are identical. The following table presents the calculation of basic and diluted net income (loss) per share for the three and nine months ended September 30, 2017 and 2016: Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Basic net income (loss) per share: Numerator: Net income (loss) (in thousands) $ 261 $ (3,365 ) $ (9,671 ) $ (7,687 ) Denominator: Weighted average common shares outstanding 38,471,377 30,260,172 35,590,563 30,108,725 Basic net income (loss) per share $ 0.01 $ (0.11 ) $ (0.27 ) $ (0.26 ) Diluted net income (loss) per share: Numerator: Net income (loss) (in thousands) $ 261 $ (3,365 ) $ (9,671 ) $ (7,687 ) Denominator: Weighted average common shares outstanding - basic 38,471,377 30,260,172 35,590,563 30,108,725 Add - potentially dilutive securities (options, RSUs and warrants) 1,469,413 — — — Weighted average common shares outstanding - diluted 39,940,790 30,260,172 35,590,563 30,108,725 Diluted net income (loss) per share $ 0.01 $ (0.11 ) $ (0.27 ) $ (0.26 ) 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 Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Anti-dilutive equity awards: Stock options and Restricted Stock Units 2,393,118 9,664,771 8,833,357 9,664,771 Warrants — 480,000 600,000 480,000

Sale of Investment

Sale of Investment	9 Months Ended
	Sep. 30, 2017
Investments All Other Investments [Abstract]
Sale of Investment	11. Sale of Investment In July 2013, the Company made a $1.0 million strategic investment (in the form of a convertible promissory note, the “note”) in Blazer and Flip Flops, Inc. (“B&FF”), doing business as “The Experience Engine,” a privately-held Delaware corporation. The Company desired to gain access to the expertise of B&FF’s principals in integrating its customers’ systems with their customers’ devices, including smartphones and tablets. In March 2015, the note was converted into preferred stock of B&FF and has since been accounted for as a cost method investment. During the three months ended September 30, 2017, B&FF was acquired by accesso Technology Group, plc, a U.K. public company, and the Company received, in connection with the sale of its investment in B&FF, cash consideration of $2.2 million and stock in the acquiring company valued at approximately $0.4 million. This stock was sold in September 2017 for $0.5 million. In addition, the Company stands to receive contingent consideration of cash and stock totaling approximately $0.5 million, which was held back to secure B&FF’s indemnification obligations under the purchase and sale agreement. These amounts have been valued at approximately $0.3 million, and may be received after the 18-month indemnification period expires. The Company recorded a gain on sale of investment totaling $1.9 million in the three months ended September 30, 2017.

The Company and Summary of Si18

The Company and Summary of Significant Accounting Principles (Policies)	9 Months Ended
	Sep. 30, 2017
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, 2016 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, 2016.
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. Accordingly, actual results may differ from estimated amounts.
Concentrations of Risk	Concentrations of Risk — As of September 30, 2017 and December 31, 2016, the Company had concentrations equal to or exceeding 10% of the Company’s accounts receivable as follows: Accounts Receivable September 30, 2017 December 31, 2016 Google advertising affiliate 17 % * Google search 9 % * Advertising customer 14 % * * - Less than 10% For the three and nine months ended September 30, 2017 and 2016, the Company had concentrations equal to or exceeding 10% of the Company’s revenue as follows: Revenue Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Google search 17 % 10 % 15 % 14 % Google advertising affiliate 22 % * 19 % * * - Less than 10% For the three and nine months ended September 30, 2017 and 2016, 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 Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Customer A 11 % 22 % 13 % 26 % Customer B 27 % * 16 % * Customer C * * * 10 % * - Less than 10%
Recent Accounting Pronouncements	Recent Accounting Pronouncements — Not Yet Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09 (ASU 2014-09), Revenue from Contracts with Customers Revenue from Contracts with Customers: Deferral of the Effective Date Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing, The Company is currently in the process of assessing the financial impact of adopting these ASUs and the methods of adoption. The Company currently recognizes subscription license revenue from its Email/Collaboration contracts, which is included within recurring and fee-based revenue, over the life of the contracts (which are typically six months or longer). The Company has concluded that the new guidance will require significantly expanded revenue disclosures, and has tentatively concluded that it is likely that this new guidance will require it to recognize a portion of the revenue from those license contracts upon delivery, at the inception of the contracts, which would have the effect of accelerating recognition of revenue on such contracts, and may have a material impact on the Company’s consolidated financial statements. The standard will be effective for the Company beginning January 1, 2018. The Company will adopt the standard as of its effective date of January 1, 2018. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the cumulative catch-up transition method). The Company has decided to use the latter method. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments Recently Adopted In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment (Topic 350)

The Company and Summary of Si19

The Company and Summary of Significant Accounting Principles (Tables)	9 Months Ended
	Sep. 30, 2017
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 September 30, 2017 and December 31, 2016, the Company had concentrations equal to or exceeding 10% of the Company’s accounts receivable as follows: Accounts Receivable September 30, 2017 December 31, 2016 Google advertising affiliate 17 % * Google search 9 % * Advertising customer 14 % * * - Less than 10% For the three and nine months ended September 30, 2017 and 2016, the Company had concentrations equal to or exceeding 10% of the Company’s revenue as follows: Revenue Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Google search 17 % 10 % 15 % 14 % Google advertising affiliate 22 % * 19 % * * - Less than 10% For the three and nine months ended September 30, 2017 and 2016, 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 Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Customer A 11 % 22 % 13 % 26 % Customer B 27 % * 16 % * Customer C * * * 10 % * - Less than 10%

Goodwill and Other Intangible20

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Change in Goodwill	The change in goodwill is as follows for the nine months ended September 30, 2017 and 2016 (in thousands): Nine Months Ended September 30, 2017 2016 Balance – beginning of period $ 15,943 $ 15,187 Acquisition of Technorati — 751 Effect of foreign currency translation 13 11 Balance – end of period $ 15,956 $ 15,949
Schedule of Intangible Assets	Intangible assets consisted of the following (in thousands): September 30, 2017 December 31, 2016 Customer and publisher relationships $ 14,780 $ 14,780 Technology 2,330 2,330 Trademark 300 300 17,410 17,410 Less accumulated amortization (4,180 ) (2,573 ) Intangible assets, net $ 13,230 $ 14,837

Property and Equipment - Net (T

Property and Equipment - Net (Tables)	9 Months Ended
	Sep. 30, 2017
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment, net consisted of the following (in thousands): September 30, 2017 December 31, 2016 Computer equipment (1) $ 28,782 $ 23,438 Computer software 18,075 15,198 Furniture and fixtures 2,601 2,062 Leasehold improvements 1,638 1,463 Work in process (primarily software development costs) 7,468 4,572 Other 126 249 58,690 46,982 Less accumulated depreciation (2) (37,941 ) (32,576 ) Property and equipment, net $ 20,749 $ 14,406 Notes: (1) Includes equipment and software held under capital leases of $11.1 million and $5.2 million as of September 30, 2017 and December 31, 2016, respectively. (2) Includes $4.6 million and $3.4 million of accumulated depreciation of equipment under capital leases as of September 30, 2017 and December 31, 2016, respectively.

Accrued Expenses and Other Cu22

Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2017
Payables And Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consisted of the following (in thousands): September 30, 2017 December 31, 2016 Accrued compensation $ 4,429 $ 6,860 Accrued content fees 1,289 1,788 Accrued business acquisition consideration — 1,193 Other 2,408 1,843 Total $ 8,126 $ 11,684

Information About Segment and23

Information About Segment and Geographic Areas (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Schedule of Revenue and Long Lived Tangible Assets by Geographic Area	The following tables set forth revenue and long-lived tangible assets by geographic area (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Revenue: United States $ 30,742 $ 27,169 $ 77,600 $ 79,787 International 5,527 4,552 16,425 12,670 Total revenue $ 36,269 $ 31,721 $ 94,025 $ 92,457 September 30, 2017 December 31, 2016 Long-lived tangible assets: United States $ 19,952 $ 13,519 Canada 526 573 Other international 271 314 Total long-lived tangible assets $ 20,749 $ 14,406

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Schedule of Contract Commitments	Contract commitments as of September 30, 2017 are as follows (in thousands Year ending December 31, 2017 (remaining - three months) $ 225 2018 900 2019 900 2020 300 Total $ 2,325
Schedule of Capital Lease Commitments	Capital lease commitments for the remainder of 2017 and for the following three years as of September 30, 2017 are summarized as follows (in thousands): Years Ending December 31, Capital Lease Commitments 2017 (three months remaining) $ 719 2018 2,712 2019 2,351 2020 1,152 Total minimum capital lease commitments 6,934 Less-amount representing interest 474 Total capital lease obligations 6,460 Less-current portion of capital lease obligations 2,479 Long-term portion of capital lease obligations $ 3,981

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
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 Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Technology and development $ 190 $ 238 $ 604 $ 681 Sales and marketing 142 173 500 604 General and administrative 273 269 824 819 Total stock-based compensation expense $ 605 $ 680 $ 1,928 $ 2,104
Summary of Stock Option Activity	Stock Option Activity – A summary of the stock option activity for the nine months ended September 30, 2017 is presented below: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in thousands) Outstanding at January 1, 2017 8,756,174 $ 2.53 Granted 1,486,400 3.21 Exercised (858,438 ) 2.24 Forfeited or expired (678,005 ) 3.64 Outstanding at September 30, 2017 8,706,131 $ 2.59 7.16 $ 3,267 Vested and expected to vest at September 30, 2017 8,380,530 $ 2.58 7.09 $ 3,173 Vested and exercisable at September 30, 2017 4,959,229 $ 2.59 6.13 $ 1,934
Summary of RSU Activity	A summary of RSU activity for the nine months ended September 30, 2017 is presented below: Number of Shares Weighted Average Fair Value Unvested—January 1, 2017 319,889 $ 2.71 Granted — — Released (174,236 ) 2.51 Forfeited (18,427 ) 2.96 Unvested—September 30, 2017 127,226 $ 2.95 Unvested expected to vest—September 30, 2017 123,975 $ 2.93

Net Income (Loss) Per Common 26

Net Income (Loss) Per Common Share Data (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Income (Loss) Per Share	The following table presents the calculation of basic and diluted net income (loss) per share for the three and nine months ended September 30, 2017 and 2016: Three Months Ended Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Basic net income (loss) per share: Numerator: Net income (loss) (in thousands) $ 261 $ (3,365 ) $ (9,671 ) $ (7,687 ) Denominator: Weighted average common shares outstanding 38,471,377 30,260,172 35,590,563 30,108,725 Basic net income (loss) per share $ 0.01 $ (0.11 ) $ (0.27 ) $ (0.26 ) Diluted net income (loss) per share: Numerator: Net income (loss) (in thousands) $ 261 $ (3,365 ) $ (9,671 ) $ (7,687 ) Denominator: Weighted average common shares outstanding - basic 38,471,377 30,260,172 35,590,563 30,108,725 Add - potentially dilutive securities (options, RSUs and warrants) 1,469,413 — — — Weighted average common shares outstanding - diluted 39,940,790 30,260,172 35,590,563 30,108,725 Diluted net income (loss) per share $ 0.01 $ (0.11 ) $ (0.27 ) $ (0.26 )
Schedule of Securities Excluded from Calculation of Diluted Net Income (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 Nine Months Ended September 30, September 30, 2017 2016 2017 2016 Anti-dilutive equity awards: Stock options and Restricted Stock Units 2,393,118 9,664,771 8,833,357 9,664,771 Warrants — 480,000 600,000 480,000

The Company and Summary of Si27

The Company and Summary of Significant Accounting Principles - Concentrations of Risk - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Concentration Risk [Line Items]
Increase (decrease) deferred tax assets					$ 0.7
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			10.00%		10.00%
Customer Concentration Risk [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%	10.00%	10.00%	10.00%

The Company and Summary of Si28

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 (Detail) - Customer Concentration Risk [Member]	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			10.00%		10.00%
Accounts Receivable [Member] | Google Search [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			9.00%
Accounts Receivable [Member] | Advertising Customer [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			14.00%
Accounts Receivable [Member] | Google Advertising Affiliate [Member]
Concentration Risk [Line Items]
Concentration risk, percentage			17.00%
Revenue [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%	10.00%	10.00%	10.00%
Revenue [Member] | Google Search [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	17.00%	10.00%	15.00%	14.00%
Revenue [Member] | Google Advertising Affiliate [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	22.00%		19.00%
Cost of Revenue [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	11.00%	22.00%	13.00%	26.00%
Cost of Revenue [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	27.00%		16.00%
Cost of Revenue [Member] | Customer C [Member]
Concentration Risk [Line Items]
Concentration risk, percentage				10.00%

Stock Offering - Additional Inf

Stock Offering - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		2 Months Ended	9 Months Ended
	May 31, 2017	Apr. 30, 2017	May 31, 2017	Sep. 30, 2017
Class Of Stock [Line Items]
Net proceeds from issuance of common stock, after deduction of underwriting discounts and other offering expenses				$ 20,258
Underwritten Public Offering [Member]
Class Of Stock [Line Items]
Common stock shares issued	472,846	5,715,000	6,187,846
Common stock, price per share		$ 3.50
Net proceeds from issuance of common stock, after deduction of underwriting discounts and other offering expenses			$ 20,000
Underwriting discounts and commissions			1,400
Other offering expenses			$ 200

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($)	May 31, 2017	Nov. 30, 2016	Aug. 31, 2015	Sep. 30, 2017	Mar. 31, 2017	Feb. 19, 2016
TZ Holdings, Inc [Member]
Business Acquisition [Line Items]
Cash consideration			$ 17,300,000
Business acquisition hold back, value			800,000
Held back warrants expiration date				Sep. 14, 2018
Maximum contingent cash consideration			$ 2,000,000
Contingent consideration at fair value				$ 1,600,000
Contingent consideration paid	$ 700,000	$ 900,000
Technorati [Member]
Business Acquisition [Line Items]
Cash withheld to secure indemnification obligations						$ 500,000
Approximately owed, post closing working capital adjustments					$ 100,000
Common Stock [Member] | TZ Holdings, Inc [Member]
Business Acquisition [Line Items]
Business acquisition equity Interest Issued, number of Shares			2,400,000
Business acquisition equity Interest Issued, value			$ 3,200,000
Number of shares held back			600,000
Warrants [Member] | TZ Holdings, Inc [Member]
Business Acquisition [Line Items]
Business acquisition equity Interest Issued, number of Shares			480,000
Number of shares held back			120,000

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets - Schedule of Change in Goodwill (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Balance – beginning of period	$ 15,943	$ 15,187
Acquisition of Technorati		751
Effect of foreign currency translation	13	11
Balance – end of period	$ 15,956	$ 15,949

Goodwill and Other Intangible32

Goodwill and Other Intangible Assets - Schedule of Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Total gross amortizable intangible assets	$ 17,410	$ 17,410
Less accumulated amortization	(4,180)	(2,573)
Intangible assets, net	13,230	14,837
Customer and Publisher Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Total gross amortizable intangible assets	14,780	14,780
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Total gross amortizable intangible assets	2,330	2,330
Trademark [Member]
Finite-Lived Intangible Assets [Line Items]
Total gross amortizable intangible assets	$ 300	$ 300

Goodwill and Other Intangible33

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Intangible Liability Disclosure [Abstract]
Amortization of intangible assets	$ 0.6	$ 0.5	$ 1.6	$ 1.5

Property and Equipment - Net -

Property and Equipment - Net - Schedule of Property and Equipment (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 58,690	$ 46,982
Less accumulated depreciation	(37,941)	(32,576)
Property and equipment, net	20,749	14,406
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	28,782	23,438
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	18,075	15,198
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	2,601	2,062
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	1,638	1,463
Work in Process [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	7,468	4,572
Other [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 126	$ 249

Property and Equipment - Net 35

Property and Equipment - Net - Schedule of Property and Equipment (Parenthetical) (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 58,690	$ 46,982
Accumulated depreciation of equipment under capital leases	37,941	32,576
Capital Lease Obligations [Member]
Property, Plant and Equipment [Line Items]
Accumulated depreciation of equipment under capital leases	4,600	3,400
Computer Equipment and Software Held Under Capital Leases [Member]
Property, Plant and Equipment [Line Items]
Property and equipment gross	$ 11,100	$ 5,200

Property and Equipment - Net 36

Property and Equipment - Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Property Plant And Equipment [Abstract]
Depreciation expense	$ 2.1	$ 1.9	$ 5.4	$ 5.3

Accrued Expenses and Other Cu37

Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Accounts Payable And Accrued Liabilities Current [Abstract]
Accrued compensation	$ 4,429	$ 6,860
Accrued content fees	1,289	1,788
Accrued business acquisition consideration		1,193
Other	2,408	1,843
Total	$ 8,126	$ 11,684

Information About Segment and38

Information About Segment and Geographic Areas - Schedule of Revenue and Long Lived Tangible Assets by Geographic Area (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 36,269	$ 31,721	$ 94,025	$ 92,457
Long-lived tangible assets	20,749		20,749		$ 14,406
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	30,742	27,169	77,600	79,787
Long-lived tangible assets	19,952		19,952		13,519
International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	5,527	$ 4,552	16,425	$ 12,670
Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived tangible assets	526		526		573
Other International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived tangible assets	$ 271		$ 271		$ 314

Commitment and Contingencies -

Commitment and Contingencies - Schedule of Contract Commitments (Detail) $ in Thousands	Sep. 30, 2017USD ($)
Contractual Obligation, Fiscal Year Maturity [Abstract]
2017 (remaining - three months)	$ 225
2,018	900
2,019	900
2,020	300
Total	$ 2,325

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Capital Lease Commitments (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Capital Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2017 (three months remaining)	$ 719
2,018	2,712
2,019	2,351
2,020	1,152
Total minimum capital lease commitments	6,934
Less-amount representing interest	474
Total capital lease obligations	6,460
Less-current portion of capital lease obligations	2,479	$ 982
Long-term portion of capital lease obligations	$ 3,981	$ 1,014

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Total Stock Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock-based compensation expense	$ 605	$ 680	$ 1,928	$ 2,104
Technology and Development [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock-based compensation expense	190	238	604	681
Sales and Marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock-based compensation expense	142	173	500	604
General and Administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total stock-based compensation expense	$ 273	$ 269	$ 824	$ 819

Stock-based Compensation - Summ

Stock-based Compensation - Summary of Stock Option Activity (Detail) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)$ / sharesshares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Outstanding number of shares beginning balance | shares	8,756,174
Number of shares granted | shares	1,486,400
Number of shares exercised | shares	(858,438)
Number of shares forfeited or expired | shares	(678,005)
Outstanding number of shares ending balance | shares	8,706,131
Outstanding number of shares vested and expected to vest | shares	8,380,530
Outstanding number of shares vested and exercisable | shares	4,959,229
Outstanding, weighted average exercise price, beginning balance | $ / shares	$ 2.53
Weighted average exercise price, granted | $ / shares	3.21
Weighted average exercise price, exercised | $ / shares	2.24
Weighted average exercise price, forfeited or expired | $ / shares	3.64
Outstanding, weighted average exercise price, ending balance | $ / shares	2.59
Vested and expected to vest, weighted average exercise price, ending balance | $ / shares	2.58
Vested and exercisable, weighted average exercise price, ending balance | $ / shares	$ 2.59
Weighted average remaining contractual term (in years), outstanding	7 years 1 month 28 days
Weighted average remaining contractual term (in years), vested and expected to vest	7 years 1 month 3 days
Weighted average remaining contractual term (in years), vested and exercisable	6 years 1 month 17 days
Aggregate intrinsic value, outstanding | $	$ 3,267
Aggregate intrinsic value, vested and expected to vest | $	3,173
Aggregate intrinsic value, vested and exercisable | $	$ 1,934

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2017USD ($)$ / shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Closing stock price as reported on the Nasdaq Global Market | $ / shares	$ 2.70
Weighted average fair value of options issued | $ / shares	$ 1.55
Total intrinsic value of options exercised	$ 1
Unrecognized compensation cost related to non-vested options granted after adjustment for estimated forfeitures	$ 4.4
Expected weighted average period to recognize total unrecognized compensation cost	2 years 7 months 7 days
Total fair value of shares vested	$ 1.5

Stock-based Compensation - Su44

Stock-based Compensation - Summary of RSU Activity (Detail) - Restricted Stock Units ("RSUs") [Member]	9 Months Ended
	Sep. 30, 2017$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested-Beginning Balance | shares	319,889
Released | shares	(174,236)
Forfeited | shares	(18,427)
Unvested-Ending Balance | shares	127,226
Unvested expected to vest—September 30, 2017 | shares	123,975
Unvested-Beginning Balance | $ / shares	$ 2.71
Released | $ / shares	2.51
Forfeited | $ / shares	2.96
Unvested-Ending Balance | $ / shares	2.95
Unvested expected to vest—September 30, 2017 | $ / shares	$ 2.93

Net Income (Loss) Per Common 45

Net Income (Loss) Per Common Share Data - Schedule of Basic and Diluted Net Income (Loss) Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Numerator:
Net income (loss)	$ 261	$ (3,365)	$ (9,671)	$ (7,687)
Denominator:
Weighted average common shares outstanding	38,471,377	30,260,172	35,590,563	30,108,725
Basic net income (loss) per share	$ 0.01	$ (0.11)	$ (0.27)	$ (0.26)
Numerator:
Net income (loss)	$ 261	$ (3,365)	$ (9,671)	$ (7,687)
Denominator:
Weighted average common shares outstanding - basic	38,471,377	30,260,172	35,590,563	30,108,725
Add - potentially dilutive securities (options, RSUs and warrants)	1,469,413
Weighted average common shares outstanding - diluted	39,940,790	30,260,172	35,590,563	30,108,725
Diluted net income (loss) per share	$ 0.01	$ (0.11)	$ (0.27)	$ (0.26)

Net Income (Loss) Per Common 46

Net Income (Loss) Per Common Share Data - Schedule of Securities Excluded from Calculation of Diluted Net Income (Loss) Per Share (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Stock Options and Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive equity awards	2,393,118	9,664,771	8,833,357	9,664,771
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive equity awards		480,000	600,000	480,000

Sale of Investment - Additional

Sale of Investment - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2017	Jul. 31, 2013
Sale of Investment [Line Items]
Cash consideration from sale of investment			$ 2,645
Gain on sale of investments		$ 1,902	1,902
B&FF [Member]
Sale of Investment [Line Items]
Strategic investment				$ 1,000
Cash consideration from sale of investment		2,200
Contingent consideration receivable in cash and stock	$ 500	500	500
Assigned value of contingent consideration receivable	300	300	$ 300
Indemnification expiry period			18 months
accesso Technology Group, plc [Member]
Sale of Investment [Line Items]
Cash consideration from sale of investment	$ 500
Stock received on sale of investment		$ 400