Quarterly report pursuant to Section 13 or 15(d)

Restatements (Details)

v3.8.0.1
Restatements (Details) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,973 $ 1,711
Restricted cash 3,669 3,148
Deferred course expenses 9,784 9,067
Prepaid expenses and other current assets 3,707 3,458
Inventory 363 348
Total current assets 20,496 17,732
Property and equipment, net 1,179 1,130
Deferred tax asset, net 1,508 1,295
Other assets 286 207
Total assets 23,469 20,364
Current liabilities:    
Accounts payable 3,226 3,344
Royalties payable 322 175
Accrued course expenses 2,296 1,082
Accrued salaries, wages and benefits 857 840
Other accrued expenses 2,406 2,052
Long-term debt, current portion 11 11
Deferred revenue, current portion 56,118 54,389
Total current liabilities 65,236 61,893
Long-term debt, net of current portion 28 31
Deferred revenue, net of current portion 688 235
Other liabilities 248 379
Total liabilities 66,200 62,538
Commitments and contingencies (Note 10)
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, none issued
Common stock, $0.0001 par value, 200,000,000 shares authorized, 22,630,927 and 22,630,927 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 2 2
Additional paid-in capital 11,124 11,073
Cumulative foreign currency translation adjustment 2,370 2,668
Accumulated deficit (56,227) (55,917)
Total stockholders' deficit (42,731) (42,174)
Total liabilities and stockholders' deficit 23,469 20,364
As Previously Reported [Member]    
Current assets:    
Cash and cash equivalents 2,973 1,711
Restricted cash 3,669  
Deferred course expenses 9,818  
Prepaid expenses and other current assets 3,707  
Inventory 363  
Total current assets 20,530  
Property and equipment, net 1,179  
Deferred tax asset, net 1,497  
Other assets 286  
Total assets 23,492  
Current liabilities:    
Accounts payable 3,226  
Royalties payable 322  
Accrued course expenses 2,296  
Accrued salaries, wages and benefits 857  
Other accrued expenses 2,406  
Long-term debt, current portion 11  
Deferred revenue, current portion 55,268  
Total current liabilities 64,386  
Long-term debt, net of current portion 28  
Deferred revenue, net of current portion 688  
Other liabilities 591  
Total liabilities 65,693  
Commitments and contingencies (Note 10)  
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, none issued  
Common stock, $0.0001 par value, 200,000,000 shares authorized, 22,630,927 and 22,630,927 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 2  
Additional paid-in capital 11,124  
Cumulative foreign currency translation adjustment 2,370  
Accumulated deficit (55,697)  
Total stockholders' deficit (42,201) (42,174)
Total liabilities and stockholders' deficit 23,492  
Restatement Adjustment [Member]    
Current assets:    
Cash and cash equivalents
Restricted cash  
Deferred course expenses (34)  
Prepaid expenses and other current assets  
Inventory  
Total current assets (34)  
Property and equipment, net  
Deferred tax asset, net 11  
Other assets  
Total assets (23)  
Current liabilities:    
Accounts payable  
Royalties payable  
Accrued course expenses  
Accrued salaries, wages and benefits  
Other accrued expenses  
Long-term debt, current portion  
Deferred revenue, current portion 850  
Total current liabilities 850  
Long-term debt, net of current portion  
Deferred revenue, net of current portion  
Other liabilities (343)  
Total liabilities 507  
Commitments and contingencies (Note 10)  
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, none issued  
Common stock, $0.0001 par value, 200,000,000 shares authorized, 22,630,927 and 22,630,927 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively  
Additional paid-in capital  
Cumulative foreign currency translation adjustment  
Accumulated deficit (530)  
Total stockholders' deficit (530)
Total liabilities and stockholders' deficit $ (23)