Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 15,426 $ 5,757
Accounts receivable, net of allowance for doubtful accounts of $5,558 and $2,652, respectively 52,597 25,372
Accounts receivable - stockholders/employees 103 920
Prepaid expenses 11,276 6,290
Inventory, net 2,367 1,142
Other assets 4,483 2,505
Current assets of discontinued operations 0 40,038
Total current assets 86,252 82,024
Long-term assets:    
Property and equipment, net 120,612 106,557
Goodwill 218,151 89,806
Intangible assets, net 176,465 68,834
Other non-current assets 32,518 877
Total long-term assets 547,746 266,074
Total assets 633,998 348,098
Current liabilities:    
Accounts payable 75,500 40,315
Accrued telecommunications costs 4,812 11,048
Deferred customer revenue 16,440 10,226
Other accrued liabilities 41,706 23,948
Current portion of capital leases 2,525 3,003
Current portion of long-term debt 30,779 26,500
Current liabilities from discontinued operations 0 34,864
Total current liabilities 171,762 149,904
Long-term liabilities:    
Non-current portion of long-term debt 589,433 410,736
Non-current portion of capital lease 2,830 3,823
Other non-current liabilities 6,149 12,847
Total non-current liabilities 598,412 427,406
Stockholders' deficit:    
Preferred stock, $0.01 par value, 10,000 shares authorized, 15 and 0 shares issued and outstanding, respectively 0 0
Common stock, $0.01 par value; 150,000 shares authorized, 78,501 and 25,161 shares issued and outstanding 785 252
Additional paid-in capital 145,638 5,824
Accumulated deficit (282,383) (236,477)
Accumulated other comprehensive (loss) income (216) 1,189
Total stockholders' deficit (136,176) (229,212)
Total liabilities and stockholders' deficit $ 633,998 $ 348,098