Restated

Restated

Restated

Year Ended

Year Ended

Year Ended

Year Ended

Three Months Ended

Three Months Ended

December 31,

December 31,

December 31,

December 31,

March 31,

March 31,

2013

2014

2015

2016

2016

2017

Revenue:

Recurring technology and services

$

161,841

$

181,307

$

199,518

$

207,730

$

51,838

$

50,404

Strategic consulting, software licenses and other

17,337

17,563

15,481

15,743

4,445

2,563

Total revenue

179,178

198,870

214,999

223,474

56,283

52,967

Cost of revenue:

Recurring technology and services

76,228

88,670

97,378

100,313

25,739

24,181

Strategic consulting, software licenses and other

8,750

8,954

8,716

6,873

1,247

1,934

Total cost of revenue

84,978

97,624

106,094

107,186

26,986

26,115

Gross profit

94,200

101,246

108,905

116,288

29,297

26,852

Operating expenses:

Sales and marketing

33,382

39,433

43,613

39,570

10,741

7,275

General and administrative

34,796

39,028

45,008

59,310

13,799

13,498

Research and development

19,570

22,633

26,617

29,484

7,025

6,706

Depreciation and amortization

10,452

9,763

9,576

10,480

2,465

2,715

Restructuring charge

654

—

—

3,850

—

—

Income from operations

(4,654

)

(9,611

)

(15,909

)

(26,406

)

(4,733

)

(3,342

)

Other income, net

Interest expense

(400

)

(103

)

(290

)

582

74

111

Interest income

60

35

25

(9

)

(3

)

(1

)

Other income

1,201

114

(139

)

(1,119

)

—

—

Income before income tax provision

(3,793

)

(9,565

)

(16,313

)

(25,860

)

(4,804

)

(3,452

)

Income tax provision

1,011

2,314

2,724

2,643

399

558

Net income

$

(4,804

)

$

(11,879

)

$

(19,037

)

$

(28,503

)

$

(5,203

)

$

(4,010

)

Restated

Restated

Restated

December 31,

December 31,

December 31,

December 31,

March 31,

March 31,

2013

2014

2015

2016

2016

2017

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$

42,203

$

49,606

$

36,759

$

9,589

$

36,487

$

12,715

Accounts receivable - net

40,277

46,068

46,463

50,193

42,509

46,369

Prepaid expenses and other current assets

4,537

5,901

13,304

12,281

12,169

11,928

Total current assets

87,018

101,576

96,526

72,063

91,165

71,012

COMPUTERS, FURNITURE AND EQUIPMENT-NET

4,317

5,217

6,672

12,944

7,264

12,277

OTHER ASSETS:

Intangible assets-net

34,991

26,285

29,843

22,230

25,262

22,964

Goodwill

65,963

65,348

75,553

80,972

79,359

81,152

Security deposits and other non-current assets

935

1,566

1,851

1,848

1,835

1,791

TOTAL ASSETS

$

193,224

$

199,991

$

210,445

$

190,057

$

204,885

$

189,196

LIABILITIES AND STOCKHOLDERS’ EQUITY

CURRENT LIABILITIES:

Accounts payable

$

9,570

$

10,733

$

12,647

$

7,274

$

13,551

$

6,919

Accrued expenses

8,871

8,283

13,936

18,777

12,680

19,277

Deferred revenue-current portion

9,063

10,858

11,792

11,172

12,343

12,805

Notes payable-current portion

1,831

1,400

1,893

6,607

1,718

6,536

Other current liabilities

768

1,606

2,452

2,452

2,452

2,452

Total current liabilities

30,103

32,880

42,720

46,282

42,744

47,989

OTHER LIABILITIES:

Deferred rent and other non-current liabilities

3,598

4,372

5,141

6,043

5,644

6,043

Deferred revenue-less current portion

7,787

10,535

12,224

8,848

8,278

10,864

Notes payable-less current portion

203

166

2,340

5,178

1,921

3,824

Total liabilities

41,691

47,953

62,424

66,351

58,587

68,720

COMMITMENT AND CONTINGENCIES

STOCKHOLDERS’ EQUITY

Common Stock

$

4

$

4

$

4

$

4

$

4

$

4

Additional paid-in capital

201,646

215,491

232,443

237,123

235,200

237,123

Warrants for common stock

10,610

10,610

10,610

10,610

10,610

10,610

Accumulated deficit

(60,112

)

(71,991

)

(91,029

)

(119,100

)

(95,796

)

(121,968

)

Other comprehensive gain (loss)

(615

)

(2,076

)

(4,007

)

(4,931

)

(3,720

)

(5,293

)

Total stockholders’ equity

151,533

152,038

148,021

123,706

146,298

120,476

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$

193,224

$

199,991

$

210,445

$

190,057

$

204,885

$

189,196