Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2016 |
Accounting Policies [Abstract] | |
Basis of Accounting, Policy [Policy Text Block] | Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (the “SEC”). |
Consolidation, Policy [Policy Text Block] | Basis of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. |
Significant Risks and Uncertainties Policy [Policy Text Block] | Certain Significant Risks and Uncertainties The Company operates in a dynamic industry and, accordingly, can be affected by a variety of factors. For example, the Company believes that changes in any of the following areas could have a significant negative effect on its future financial position, results of operations, or cash flows: rates of revenue growth; traffic to and pricing with the Company's network of digital media property owners; scaling and adaptation of existing technology and network infrastructure; adoption of the Company’s product and solution offerings; management of the Company's growth; new markets and international expansion; protection of the Company's brand, reputation and intellectual property; competition in the Company's markets; recruiting and retaining qualified employees and key personnel; intellectual property infringement and other claims; and changes in government regulation affecting the Company's business, among other things. |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of the Company's consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities , and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ from management's estimates. |
Foreign Currency Transactions and Translations Policy [Policy Text Block] | Foreign Currency Translation and Transactions The consolidated financial statements of the Company's foreign subsidiaries are measured using the local currency as the functional currency, except for India and France, which have U.S. dollar and British pound sterling functional currencies, respectively. Assets and liabilities of foreign subsidiaries are translated at exchange rates in effect as of the balance sheet date. Revenues and expenses are translated at average exchange rates in effect during the period. Translation adjustments are recorded within accumulated other comprehensive loss, a separate component of stockholders' equity, on the consolidated balance sheets. Foreign exchange transaction losses totaled $0.6 $0.5 $1.0 2016, 2015 2014, |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents The Company invests a portion of its excess cash in money market funds. The Company considers all highly liquid financial instruments purchased with original maturities of three |
Marketable Securities, Policy [Policy Text Block] | Marketable Securities M arketable securities are classified as available-for-sale and have consisted of highly liquid corporate bonds, commercial paper and certificates of deposits that comply with the Company’s minimum credit rating policy. Short-term marketable securities must have a credit rating of A- 1/P 1 A2 three 12 12 12 24 24 12 Note 3 for additional information regarding the Company’s marketable securities. |
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] | Restricted Cash The Company’s lease agreement for its New York City office requires a security deposit in the amount of $0.4 September 2027. July 1, 2020, $0.3 The lease agreement for the Company's previous New York City office required a security deposit in the amount of $0.3 second 2016. In the three September 30, 2016, $0.3 non-current in the condensed consolidated balance sheets. |
Derivatives, Policy [Policy Text Block] | Foreign Currency Transaction Risk —Foreign Currency Forward Contracts The Company transacts business in various foreign currencies and in the second 2015 ’s foreign currency transactions. The Company may The Company does not use foreign currency forward contracts for trading purposes nor does it designate forward contracts as hedging instruments pursuant to ASC 815. The Company expects to continue to realize gains or losses with respect to its foreign currency exposures, net of gains or losses from its foreign currency forward contracts. The Company ’s ultimate realized gain or loss with respect to foreign currency exposures will generally depend on the size and type of cross-currency transactions that it enters into, the currency exchange rates associated with these exposures and changes in those rates, the net realized gain or loss on its foreign currency forward contracts and other factors. As of December 31, 2016, $3.6 2015 $0.7 2016 |
Concentration Risk, Credit Risk, Policy [Policy Text Block] | Concentrations and Other Risks Financial instruments that subject the Company to a concentration of credit risk consist of cash and cash equivalents , marketable securities and accounts receivable. Cash and cash equivalents are deposited with one five may . C redit risk with respect to accounts receivable is dispersed due to the large number of advertising customers. Collateral is not required for accounts receivable. The Company performs ongoing credit evaluations of customers’ financial condition and periodically evaluates its outstanding accounts receivable and establishes an allowance for doubtful accounts receivable based on the Company’s historical experience, the current aging and circumstances of accounts receivable and general industry and economic conditions. Accounts receivable are written off by the Company when it has been determined that all available collection avenues have been exhausted. In 2016, 2015 2014, $0.4 $0.5 $0.7 may No customers accounted for 10% December 31, 2016 2015. 12% 2016. 10% 2015 2014. The following table presents the changes in the allowance for doubtful accounts receivable (in thousands): Years Ended December 31, 201 6 201 5 201 4 Allowance for doubtful accounts receivable: Balance – beginning of period $ 1,961 $ 1,471 $ 1,056 Allowance for doubtful accounts receivable 777 963 1,154 Doubtful accounts receivable write-offs (393 ) (473 ) (739 ) Balance – end of period $ 2,345 $ 1,961 $ 1,471 |
Property, Plant and Equipment, Policy [Policy Text Block] | Property, Equipment and Software Property and equipment are stated at cost, net of accumulated depreciation and amortization. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which are generally three five |
Internal Use Software, Policy [Policy Text Block] | Internal-Use Software Development Costs The Company capitalizes the costs to develop internal-use software when preliminary development efforts are successfully completed, it has authorized and committed project funding, and it is probable that the project will be completed and the software will be used as intended. Such costs are amortized on a straight-line basis over the estimated useful life of the software, which approximates three The Company capitalized $ 4.8 $4.2 $2.4 December 31, 2016, 2015 2014, $2.7 $1.6 $1.1 December 31, 2016, 2015 2014, |
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Impairment of Long-lived Assets The Company evaluates its long-lived assets for impairment when circumstances indicate the carrying amount of an asset may in estimated useful lives during years ended December 31, 2016, 2015 2014. For internally developed software, the Company performs regular recoverability assessments in order to evaluate any impairment indicators or changes to useful lives. During the fourth 2016, 5.0 5.0 one $0.9 5.0 |
Deferred Rent [Policy Text Block] | Deferred Rent The Company leases facilities worldwide under non-cancelable operating leases that expire through August 2024. $0.9 $0.4 December 31, 2016 2015, |
Revenue Recognition, Policy [Policy Text Block] | Revenue R ecognition The Company's revenue is principally derived from advertising services measured by the number of advertising impressions displayed on digital media properties owned and controlled by third party digital media property owners and primarily priced on a cost per thousand impressions (“CPM”) basis. The Company recognizes revenue when: (1) (2) (3) (4) three may one In the normal course of business, the Company acts as a facilitator in executing transactions with third identifying and contracting with third may The Company recognizes revenue based on delivery information from a combination of third party reporting and the Company's proprietary campaign tracking systems. |
Multiple Element Arrangements [Policy Text Block] | Multiple-element Arrangements The Company enters into arrangements with customers to sell advertising packages that include different media placements or ad services that are delivered at the same time, or within close proximity of one At the inception of an arrangement, the Company allocates arrangement consideration in multiple-deliverable revenue arrangements to all deliverables, based on the relative selling price method in accordance with the selling price hierarchy, which includes: (1) (2) third (3) VSOE —The Company evaluates VSOE based on its historical pricing and discounting practices for the specific product or service when sold separately. In determining VSOE, the Company requires that a substantial majority of the standalone selling prices for these services fall within a reasonably narrow pricing range. The Company historically has not entered into a large volume of single-element arrangements, so it has not been able to establish VSOE for any of its advertising products. TPE —When VSOE cannot be established for deliverables in multiple element arrangements, the Company applies judgment with respect to whether it can establish a selling price based on TPE. TPE is determined based on competitor prices for similar deliverables when sold separately. Generally, the Company's go-to-market strategy differs from that of its peers and its offerings contain a significant level of differentiation such that the comparable pricing of services cannot be obtained. Furthermore, the Company is unable to reliably determine what similar competitor services' selling prices are on a standalone basis. As a result, the Company has not been able to establish selling price based on TPE. B ESP The Company recognizes revenue for media placements and ad services as they are delivered assuming all other revenue recognition criteria are met. Deferred revenue is comprised of contractual billings in excess of recognized revenue and payments received in advance of revenue recognition. |
Cost of Sales, Policy [Policy Text Block] | Cost of revenue Cost of revenue consists of amounts incurred with digital media property owners that are directly related to a revenue-generating event, direct labor costs, amortization of revenue-producing acquired technologies, Internet access costs and depreciation expense. The Company incurs costs with digital media property owners in the period the advertising impressions are delivered or in limited circumstances, based on minimum guaranteed number of impressions. Such amounts incurred are classified as cost of revenue in the corresponding period in which the revenue is recognized in the consolidated statements of operations. |
Advertising Costs, Policy [Policy Text Block] | Advertising expense The Company's advertising costs are expensed as incurred. The Company incurred approximately $0.5 $0.6 $1.7 December 31, 2016, 2015 2014, |
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-based Compensation T he Company measures compensation expense for all stock-based payment awards, including stock options granted to employees, directors and non-employees based on the estimated fair values on the date of the grant. The fair value of each stock option granted is estimated using the Black-Scholes option valuation model. Stock-based compensation expense related to restricted stock units (“RSUs”) is based on the grant date fair value of the RSUs. Stock-based compensation is recognized on a straight-line basis over the requisite service period. Stock-based compensation expense is recorded net of estimated forfeitures in our consolidated statements of income and as such is recorded for only those share-based awards that we expect to vest. The Company estimates the forfeiture rate based on historical forfeitures of equity awards and adjusts the rate to reflect changes in facts and circumstances, if any. The Company will revise our estimated forfeiture rate if actual forfeitures differ from our initial estimates. |
Comprehensive Income, Policy [Policy Text Block] | Comprehensive Income (Loss) Comprehensive income (loss) consists of net income (loss) and changes in accumulated other comprehensive income (loss), which are primarily the result of foreign currency translation adjustments and unrealized gains or losses on marketable securities, net of tax. |
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block] | Goodwill Goodwill is not amortized, but is tested for impairment at least annually or as circumstances indicate the value may fourth December 3 1, may may two December 31, 2016, first |
Intangible Assets, Finite-Lived, Policy [Policy Text Block] | Intangible Assets Acquired intangible assets consist of acquired customer relationships and developed technology. Acquired intangible assets are recorded at fair value, net of accumulated amortization. Intangible assets are amortized on a straight-line basis over their estimated useful lives. The Company reviews identifiable amortizable intangible assets to be held and used for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may |
Costs Associated with Exit or Disposal Activities or Restructurings, Policy [Policy Text Block] | Restructuring On November 8, 2016, s board of directors approved a restructuring plan designed to reduce its operating expenses, realign its cost structure with revenue . The restructuring plan was implemented in the fourth 2016 first 2017. $1.6 fourth 2016. 7%, 420, Exit or Disposal Cost Obligations one Note 11 |
Income Tax, Policy [Policy Text Block] | Income Taxes The Company records income taxes using the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the Company's consolidated financial statements or income tax returns. In estimating future tax consequences, expected future events other than enactments or changes in the tax law or rates are considered. Deferred tax valuation allowances are provided when necessary to reduce deferred tax assets to the amount expected to be realized. The following table sets forth our deferred tax valuation allowance for the years ended December 31, 2016, 2015 2014. Balance at Beginning of Year Charged to Other A ccounts Balance End of Year (in thousands) 2014 $ 7,524 $ 1,633 $ 9,157 2015 $ 9,157 $ 2,605 $ 11,762 2016 $ 11,762 $ 3,212 $ 14,974 The Company operates in various tax jurisdictions and is subject to audit by various tax authorities. The Company provides for tax contingencies whenever it is deemed probable that a tax asset has been impaired or a tax liability has been incurred for events such as tax claims or changes in tax laws. Tax contingencies are based upon their technical merits, relative tax law, and the specific facts and circumstances as of each reporting period. Changes in facts and circumstances could result in material changes to the amounts recorded for such tax contingencies. The Company records uncertain tax positions in accordance with accounting standards on the basis of a two (1) a determination is made as to whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position and (2) 50% |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently Issued and Adopted Accounting Standards In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606) 2014 09 December 15, 2017, December 15, 2016. January 1, 2018. 2017. The Company currently expects to apply the modified retrospective method of adoption; however, it has not yet finalized its transition method, but expects to do so in 2017 In August 2014, 2014 15, Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern one 2014 15 December 15, 2016 December 31, 2016. In April 2015, 2015 05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement , 2015 05 2015 05 December 15, 2015. January 1, 2016 In January 2016, 2016 01, Financial Instruments--Overall (Subtopic 825 10) Recognition and Measurement of Financial Assets and Financial Liabilities December 15, 2017, first In February 2016, 2016 02 Leases (Topic 842) December 15, 2018. In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718) January 1, 2017, January 1, 2017 In January 2017, 2017 04, Intangibles - Goodwill and Other (Topic 350). January 1, 2020. January 1, 2017. |