Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 250,553 $ 258,796
Accounts receivable, net 62,683 64,216
Content library, current 7,669 6,563
Inventories 12,934 15,481
Prepaid and other current assets 20,554 14,187
TOTAL CURRENT ASSETS: 354,393 359,243
Property, plant & equipment, net 21,192 20,797
Goodwill 52,345 52,345
Intangible assets 129,742 136,414
Other non-current assets 13,470 10,084
TOTAL ASSETS 571,142 578,883
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 85,418 81,961
Deferred revenue 11,102 11,190
Warrant liabilities, current 86,960 71,570
Notes payable and accrued interest, current 7,652 9,648
Deferred tax liabilities, current 394 1,192
Other current liabilities 8,576 7,561
TOTAL CURRENT LIABILITIES: 200,102 183,122
Deferred tax liabilities, non-current 24,178 25,186
Deferred revenue, non-current 6,144 5,808
Notes payable and accrued interest, non-current 50 1,153
Other non-current liabilities 8,017 7,430
TOTAL LIABILITIES 238,491 222,699
COMMITMENTS AND CONTINGENCIES      
EQUITY:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively 0  
Common stock, $0.0001 par value; 375,000,000 shares authorized, 55,920,501and 55,902,114 shares issued, 52,866,867 and 52,848,480 shares outstanding, at March 31, 2014 and December 31, 2013, respectively 5 5
Non-voting common stock, $0.0001 par value; 25,000,000 shares authorized, 19,118,233 shares issued and outstanding at March 31, 2014 and December 31, 2013 2 2
Treasury stock, 3,053,634 shares at March 31, 2014 and December 31, 2013 (30,659) (30,659)
Additional paid-in capital 623,393 620,862
Subscriptions receivable (484) (478)
Accumulated deficit (270,286) (243,943)
Accumulated other comprehensive loss 85 0
TOTAL GLOBAL EAGLE ENTERTAINMENT INC. STOCKHOLDERS' EQUITY 322,056 345,789
Non-controlling interest 10,595 10,395
TOTAL EQUITY 332,651 356,184
TOTAL LIABILITIES AND EQUITY $ 571,142 $ 578,883