Investor Contact: |
Media Contact: |
|
Annie Leschin |
Matt Scroggins |
|
Textura Corporation, Investor Relations |
matt.scroggins@texturacorp.com |
|
annie@streetsmartir.com |
224-254-6652 |
|
415-775-1788 |
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or |
||
ir@texturacorp.com |
||
847-457-6553 |
Textura Corporation |
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Consolidated Balance Sheets (unaudited) |
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(in thousands, except per share amounts) |
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December 31, |
December 31, |
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2015 |
2014 |
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Assets |
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Current assets |
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Cash and cash equivalents |
$ 78,669 |
$ 66,758 |
|
Accounts receivable, net of allowance of $193 and $254 at December 31, 2015 and 2014, respectively |
6,425 |
8,274 |
|
Prepaid expenses and other current assets |
1,225 |
1,163 |
|
Total current assets |
86,319 |
76,195 |
|
Property and equipment, net |
34,214 |
26,103 |
|
Restricted cash |
2,839 |
1,780 |
|
Goodwill |
52,848 |
52,848 |
|
Intangible assets, net |
7,965 |
12,132 |
|
Other assets |
157 |
226 |
|
Total assets |
$ 184,342 |
$ 169,284 |
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Liabilities and Stockholders' Equity |
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Current liabilities |
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Accounts payable |
$ 2,701 |
$ 1,699 |
|
Accrued expenses |
11,378 |
9,874 |
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Deferred revenue, short-term |
40,089 |
31,923 |
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Leases payable, short-term |
- |
412 |
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Total current liabilities |
54,168 |
43,908 |
|
Deferred revenue, long-term |
3,724 |
3,660 |
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Other long-term liabilities |
2,040 |
1,028 |
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Total liabilities |
59,932 |
48,596 |
|
Stockholders' equity |
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Common stock, $.001 par value; 90,000 shares authorized; 26,861 and 26,247 shares issued and 26,190 and 25,588 shares outstanding at December 31, 2015 and 2014, respectively |
26 |
26 |
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Additional paid in capital |
361,370 |
340,344 |
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Treasury stock, at cost; 671 and 659 shares at December 31, 2015 and 2014, respectively |
(10,309) |
(9,923) |
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Accumulated other comprehensive loss |
(662) |
(340) |
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Accumulated deficit |
(226,015) |
(209,419) |
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Total Textura Corporation stockholders' equity |
124,410 |
120,688 |
|
Total liabilities and stockholders' equity |
$ 184,342 |
$ 169,284 |