Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 9,728 $ 39,154
Restricted cash 908 801
Accounts receivable, net 99,132 97,623
Inventories, net 31,827 34,649
Prepaid expenses 3,307 9,104
Other current assets 11,605 10,498
TOTAL CURRENT ASSETS 156,507 191,829
Content library 4,566 6,966
Property and equipment, net 158,931 176,577
Right-of-use assets, net 34,921  
Goodwill 159,591 159,562
Intangible assets, net 61,754 84,136
Equity method investments 81,514 83,135
Other non-current assets 25,624 14,882
TOTAL ASSETS 683,408 717,087
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 186,159 177,056
Deferred revenue 10,421 7,430
Current portion of long-term debt and finance leases 16,533 22,673
Current portion of operating lease liabilities 5,177  
Other current liabilities 8,533 5,032
TOTAL CURRENT LIABILITIES 226,823 212,191
Deferred revenue, non-current 86 1,116
Long-term debt and finance leases 736,317 686,938
Long-term operating lease liabilities 22,258  
Deferred tax liabilities 7,334 8,406
Other non-current liabilities 30,935 34,771
TOTAL LIABILITIES 1,023,753 943,422
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ DEFICIT:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 0 0
Common stock, $0.0001 par value; 375,000,000 shares authorized, 95,896,901 and 94,835,320 shares issued, 92,843,267 and 91,781,686 shares outstanding, at September 30, 2019 and December 31, 2018, respectively 10 10
Treasury stock, 3,053,634 shares at September 30, 2019 and December 31, 2018 (30,659) (30,659)
Additional paid-in capital 817,771 814,488
Subscriptions receivable (597) (597)
Accumulated deficit (1,126,801) (1,009,458)
Accumulated other comprehensive loss (69) (119)
TOTAL STOCKHOLDERS’ DEFICIT (340,345) (226,335)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 683,408 $ 717,087