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
Jun. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 215,284 $ 258,796
Accounts receivable, net 72,700 64,216
Content library, current 6,739 6,563
Inventories 13,825 15,481
Prepaid and other current assets 21,058 14,187
TOTAL CURRENT ASSETS: 329,606 359,243
Property, plant & equipment, net 21,979 20,797
Goodwill 52,345 52,345
Intangible assets 126,594 136,414
Other non-current assets 15,366 10,084
TOTAL ASSETS 545,890 578,883
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 92,891 81,961
Deferred revenue 10,368 11,190
Warrant liabilities 64,316 71,570
Notes payable and accrued interest 2,613 9,648
Deferred tax liabilities 585 1,192
Other current liabilities 9,168 7,561
TOTAL CURRENT LIABILITIES: 179,941 183,122
Deferred tax liabilities, non-current 25,932 25,186
Deferred revenue, non-current 6,479 5,808
Notes payable and accrued interest, non-current 983 1,153
Other non-current liabilities 8,153 7,430
TOTAL LIABILITIES 221,488 222,699
COMMITMENTS AND CONTINGENCIES      
EQUITY:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, 0 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 0 0
Common stock, $0.0001 par value; 375,000,000 shares authorized, 75,046,067 and 55,902,114 shares issued, 71,992,433 and 52,848,480 shares outstanding, at June 30, 2014 and December 31, 2013, respectively 7 5
Non-voting common stock, $0.0001 par value; 25,000,000 shares authorized, 0 and 19,118,233 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 0 2
Treasury stock, 3,053,634 shares at June 30, 2014 and December 31, 2013 (30,659) (30,659)
Additional paid-in capital 613,930 620,862
Subscriptions receivable (491) (478)
Accumulated deficit (258,290) (243,943)
Accumulated other comprehensive loss (95) 0
TOTAL GLOBAL EAGLE ENTERTAINMENT INC. STOCKHOLDERS' EQUITY 324,402 345,789
Non-controlling interest 0 10,395
TOTAL EQUITY 324,402 356,184
TOTAL LIABILITIES AND EQUITY $ 545,890 $ 578,883