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Stock Based Compensation - Weighted Average Assumptions Utilized (Detail) - Stock Compensation Plan [Member]	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life in years	6 years 2 months 12 days	6 years 3 months 18 days
Risk-free interest rate	1.20%	2.55%
Volatility	44.00%	43.00%

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 32,089	$ 22,759
Accounts receivable, net of allowance of $693 and $904 at March 31, 2020 and December 31, 2019, respectively	27,334	31,181
Prepaid expenses	7,565	5,171
Other current assets	7,311	6,713
Total current assets	74,299	65,824
Property and equipment, net	13,383	12,086
Operating lease right-of-use asset	14,900	16,912
Intangible assets, net	12,903	13,875
Goodwill	60,902	60,902
Other assets	2,984	3,268
Total assets	179,371	172,867
Current liabilities:
Accounts payable	12,428	9,917
Accrued expenses	19,661	20,925
Operating lease liability	5,875	6,174
Deferred revenue	52,356	49,260
Total current liabilities	90,320	86,276
Operating lease liability, net of current portion	9,953	11,701
Debt	10,000
Other liabilities	538	767
Total liabilities	110,811	98,744
Commitments and contingencies (Note 10)
Stockholders' equity:
Undesignated preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued
Common stock, $0.001 par value; 100,000,000 shares authorized; 39,105,853 and 39,042,787 shares issued at March 31, 2020 and December 31, 2019, respectively	39	39
Additional paid-in capital	279,114	276,365
Treasury stock, at cost; 135,000 shares	(871)	(871)
Accumulated other comprehensive loss	(1,244)	(785)
Accumulated deficit	(208,478)	(200,625)
Total stockholders' equity	68,560	74,123
Total liabilities and stockholders' equity	$ 179,371	$ 172,867

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Net loss	$ (7,853)	$ (4,983)
Other comprehensive income:
Foreign currency translation adjustments	(459)	21
Comprehensive loss	$ (8,312)	$ (4,962)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Business Description and Basis of Presentation

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Business Description and Basis of Presentation

1. Business Description and Basis of Presentation

Business Description

Brightcove Inc. (the Company) is a leading global provider of cloud services for video which enable its customers to publish and distribute video to Internet-connected devices quickly, easily and in a cost-effective and high-quality manner.

Basis of Presentation

The accompanying interim condensed consolidated financial statements are unaudited. These condensed consolidated financial statements and notes should be read in conjunction with the audited consolidated financial statements and related notes, together with Management’s Discussion and Analysis of Financial Condition and Results of Operations, contained in the Company’s Annual Report on Form

10-K

for the year ended December 31, 2019.

The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, other than the changes to accounting for credit losses as described in Note 14, the unaudited condensed consolidated financial statements and notes have been prepared on the same basis as the audited consolidated financial statements for the year ended December 31, 2019 contained in the Company’s Annual Report on Form

10-K

and include all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the Company’s financial position for the three months ended March 31, 2020 and 2019. These interim periods are not necessarily indicative of the results to be expected for any other interim period or the full year.

The Company considers events or transactions that occur after the balance sheet date but prior to the issuance of the financial statements to provide additional evidence for certain estimates or to identify matters that require additional disclosure. Subsequent events have been evaluated as required. The Company has evaluated all subsequent events and determined that there are no material recognized or unrecognized subsequent events requiring disclosure, other than those disclosed in this Report on Form

10-Q.

As described in Note 14, the Company implemented a significant accounting policy upon the adoption of Accounting Standards Update

(“ASU”) 2016-13,

Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

(“ASC 326”). As of March 31, 2020, other than the changes to the accounting for credit losses, the Company’s significant accounting policies and estimates, which are detailed in the Company’s Annual Report on Form

10-K

for the year ended December 31, 2019, have not changed.

Stock-based Compensation

3 Months Ended

Mar. 31, 2020

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-based Compensation

8. Stock-based Compensation

The weighted-average fair value of options granted during the three months ended March 31, 2020 and 2019 was $3.37 and $3.82 per share, respectively. The weighted-average assumptions utilized to determine such values are presented in the following table:


	Three Months Ended March 31,
	2020			2019
Expected life in years		6.2			6.3
Risk-free interest rate		1.20	%		2.55	%
Volatility		44	%		43	%
Dividend yield		—			—

The Company recorded stock-based compensation expense of $2.6 million and $1.4 million for the three months ended March 31, 2020 and 2019, respectively. As of March 31, 2020, there was $21 million of unrecognized stock-based compensation expense related to stock-based awards that is expected to be recognized over a weighted-average period of 2.10 years. The following table summarizes stock-based compensation expense as included in the consolidated statement of operations for the three months ended March 31, 2020 and 2019:


	Three Months Ended March 31,
	2020		2019
Stock-based compensation:
Cost of subscription and support revenue	$	190	$	119
Cost of professional services and other revenue		80		84
Research and development		440		263
Sales and marketing		911		458
General and administrative		997		500

	$	2,618	$	1,424

The following is a summary of the stock option activity during the three months ended March 31, 2020.


	Number of Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (In Years)		Aggregate Intrinsic Value (1)
Outstanding at December 31, 2019		2,479,423		$	8.96
Granted		56,000			7.60
Exercised		(4,804	)		7.81			$	5
Canceled		(43,467	)		9.05

Outstanding at March 31, 2020		2,487,152		$	8.93		7.08	$	406

Exercisable at March 31, 2020		1,156,257		$	8.30		5.26	$	376

(1)	The aggregate intrinsic value was calculated based on the positive difference between the fair value of the Company’s common stock on March 31, 2020 of $6.97 per share, or the date of exercise, as appropriate, and the exercise price of the underlying options.

The following table summarizes the restricted stock unit activity during the three months ended March 31, 2020:


	Shares			Weighted Average Grant Date Fair Value
Unvested at December 31, 2019		3,626,364		$	9.03
Granted		340,750			8.05
Vested and issued		(58,262	)		7.81
Canceled		(182,439	)		8.08

Unvested at March 31, 2020		3,726,413		$	8.95

The aggregate fair value of vested and issued RSUs for the three months ended March 31, 2020 of was $0.5 million.

Net Loss per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Outstanding Common Shares Excluded from Computation of Dilutive Net Loss per Share

The following outstanding common shares have been excluded from the computation of dilutive net loss per share as of March 31, 2020 and 2019.


	Three Months Ended March 31,
	2020		2019
Options outstanding		2,487		2,479
Restricted stock units outstanding		3,726		3,626

Recently Issued and Adopted Accounting Standards - Schedule of Allowance for Doubtful Accounts (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2020 USD ($)
Accounting Changes and Error Corrections [Abstract]
Balance as of December 31, 2019	$ 904
Current provision for credit losses	228
Write-offs against allowance	(439)
Recoveries	0
Balance as of March 31, 2020	$ 693

Cash and Cash Equivalents (Tables)

3 Months Ended

Mar. 31, 2020

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

Cash and cash equivalents as of March 31, 2020 consist of the following:


	March 31, 2020
Description	Contracted Maturity		Cost		Fair Market Value		Balance Per Balance Sheet
Cash		Demand	$	32,048	$	32,048	$	32,048
Money market funds		Demand		41		41		41

Total cash and cash equivalents			$	32,089	$	32,089	$	32,089

Cash and cash equivalents as of December 31, 2019 consist of the following:


	December 31, 2019
Description	Contracted Maturity		Cost		Fair Market Value		Balance Per Balance Sheet
Cash		Demand	$	22,718	$	22,718	$	22,718
Money market funds		Demand		41		41		41

Total cash and cash equivalents			$	22,759	$	22,759	$	22,759

Debt

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Debt

11. Debt

On December 14, 2018, the Company entered into an amended and restated loan and security agreement with a lender (the “Loan Agreement”) providing for up to a $30.0 million asset based line of credit (the “Line of Credit”). Under the Line of Credit, the Company can borrow up to $30.0 million. Borrowings under the Line of Credit are secured by substantially all of the Company’s assets, excluding its intellectual property. Outstanding amounts under the Line of Credit accrue interest at a rate as follows: (i) for prime rate advances, the greater of (A) the prime rate and (B) 4%, and (ii) for LIBOR advances, the greater of (A) the LIBOR rate plus 225 basis points and (B) 4%. Under the Loan Agreement, the Company must comply with certain financial covenants, including maintaining a minimum asset coverage ratio. If the outstanding principal during any month is at least $15.0 million, the Company must also maintain a minimum net income threshold

based on non-GAAP operating measures.

Failure to comply with these covenants, or the occurrence of an event of default, could permit the lenders under the Line of Credit to declare all amounts borrowed under the Line of Credit, together with accrued interest and fees, to be immediately due and payable. The Company was in compliance with all covenants under the Line of Credit as of March 31, 2020.

In March 2020, the Company borrowed $10.0 million on the Line of Credit in anticipation of any operating cash needs in light of

COVID-19.

The effective interest rate for the amounts borrowed on the Line of Credit was 4% for the three months ended March 31, 2020. The Line of Credit matures in December 2021. The fair value of these borrowings, which are classified as Level 2, approximates their carrying value at March 31, 2020, as the instrument carries a variable rate of interest which reflects current market rates.

Net Loss per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Net Loss per Share

6. Net Loss per Share

The Company calculates basic and diluted net loss per common share by dividing the net loss by the number of common shares outstanding during the period. The Company has excluded other potentially dilutive shares, which include warrants to purchase common stock and outstanding common stock options and unvested restricted stock units, from the number of common shares outstanding as their inclusion in the computation for all periods would be anti-dilutive due to net losses incurred. The following outstanding common shares have been excluded from the computation of dilutive net loss per share as of March 31, 2020 and 2019.


	Three Months Ended March 31,
	2020		2019
Options outstanding		2,487		2,479
Restricted stock units outstanding		3,726		3,626

Business Description and Basis of Presentation (Policies)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Business Description

Basis of Presentation

10-K

for the year ended December 31, 2019.

10-K

10-Q.

As described in Note 14, the Company implemented a significant accounting policy upon the adoption of Accounting Standards Update

(“ASU”) 2016-13,

Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

10-K

for the year ended December 31, 2019, have not changed.

Fair Value of Financial Instruments

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

7. Fair Value of Financial Instruments

The Company’s financial instruments carried at fair value were less than

$0.1

million as of March 31, 2020 and December 31, 2019.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Stock Based Compensation - Summary of RSU Activity (Detail) - RSUs [Member]	3 Months Ended
	Mar. 31, 2020 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Unvested Shares, Beginning Balance \| shares	3,626,364
Granted \| shares	340,750
Vested and issued \| shares	(58,262)
Cancelled \| shares	(182,439)
Unvested Shares, Ending Balance \| shares	3,726,413
Weighted Average Grant Date Fair Value, Beginning Balance \| $ / shares	$ 9.03
Weighted Average Grant Date Fair Value, Granted \| $ / shares	8.05
Weighted Average Grant Date Fair Value, Vested and issued \| $ / shares	7.81
Weighted Average Grant Date Fair Value, Cancelled \| $ / shares	8.08
Weighted Average Grant Date Fair Value, Ending Balance \| $ / shares	$ 8.95

Stock based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of options granted	$ 3.37	$ 3.82
Stock based compensation expense	$ 2,618	$ 1,424
Unrecognized stock-based compensation expense	$ 21,000
Weighted average period	2 years 1 month 6 days
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate fair value of vested and issued RSUs	$ 500

Debt - Additional Information (Detail)	3 Months Ended
Debt - Additional Information (Detail)	Mar. 31, 2020 USD ($)
Debt Instrument [Line Items]
Debt instrument term	If the outstanding principal during any month is at least $15.0 million, the Company must also maintain a minimum net income threshold based on non-GAAP operating measures.
Long-term Line of Credit	$ 10,000,000
Effective interest rate	4.00%
Line of Credit maturity date	Dec. 01, 2021
Secured Line of Credit [Member]
Debt Instrument [Line Items]
Line of credit, agreement start date	Dec. 14, 2018
Line of credit maximum borrowing capacity	$ 30,000,000
Percentage points added to prime rate or LIBOR	4.00%
Minimum [Member]
Debt Instrument [Line Items]
Minimum outstanding principal threshold limit	$ 15,000,000
Minimum [Member] \| Secured Line of Credit [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Percentage points added to prime rate or LIBOR	225.00%

Cover Page - shares	3 Months Ended
Cover Page - shares	Mar. 31, 2020	Apr. 24, 2020
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Registrant Name	BRIGHTCOVE INC
Entity Central Index Key	0001313275
Current Fiscal Year End Date	--12-31
Document Quarterly Report	true
Document Transition Report	false
Trading Symbol	BCOV
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		38,977,133
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Common Stock
Security Exchange Name	NASDAQ
Entity Address, State or Province	MA

Cash and Cash Equivalents - Schedule of Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Investment Holdings [Line Items]
Cost	$ 32,089	$ 22,759
Fair Market Value	32,089	22,759
Balance Per Balance Sheet	32,089	22,759
Cash [Member]
Investment Holdings [Line Items]
Cost	32,048	22,718
Fair Market Value	32,048	22,718
Balance Per Balance Sheet	32,048	22,718
Money Market Funds [Member]
Investment Holdings [Line Items]
Cost	41	41
Fair Market Value	41	41
Balance Per Balance Sheet	$ 41	$ 41

Recently Issued and Adopted Accounting Standards

3 Months Ended

Mar. 31, 2020

Accounting Changes and Error Corrections [Abstract]

Recently Issued and Adopted Accounting Standards

13. Recently Issued and Adopted Accounting Standards

In June 2016, the FASB issued

ASU No. 2016-13, which

requires measurement and recognition of expected credit losses for financial assets held. Effective January 1, 2019, the Company adopted ASC 326 using the transition method introduced

by ASU 2016-13.

The adoption of ASC 326 did not result in an adjustment to the estimated allowance as of December 31, 2019.

Under ASC 326, the Company changed its policy for assessing credit losses to include consideration of a broader range of information to estimate credit losses over the life of its financial assets. As of March 31, 2020 the financial assets of the Company within the scope of the assessment comprised trade accounts receivable (“AR”) and unbilled trade accounts receivable. Unbilled trade accounts receivable (“UAR”) is reflected in Other Current Assets on the Company’s Condensed Consolidated Balance Sheets and

was $1.9 million as of March 31, 2020 and December 31, 2019.

The Company uses the aging method to estimate its expected credit losses on AR and UAR. In order to estimate expected credit losses, the Company assessed recent historical experience, current economic conditions and any reasonable and supportable forecasts to identify risk characteristics that are shared within the financial asset. These risk characteristics are then use to bifurcate the aging method into risk pools. Historical credit loss for each risk pool is then applied to the current period aging as presented in the identified risk pools to determine the needed reserve allowance. In the absence of current economic conditions and/or forecasts that may affect future credit losses, the Company has determined that recent historical experience provides the best basis for estimating credit losses. As of March 31, 2020 the Company estimates the life of its AR as

55-65

days. This estimate is based on the Company’s historical experience for days sales outstanding (“DSO”).

The information obtained from assessing historical experience, current economic conditions and reasonable and supportable forecasts were used to identify risk characteristics that can affect future credit loss experience. The historical analysis yielded one material risk factor, the geographical location of the customer. Specifically, historical experience showed that AR that was due from customers in the Asia Pacific region had experienced more credit losses than the other geographic areas listed in footnote 12. Europe and Japan had significantly less credit loss experience when compared to Asia Pacific while North America’s credit loss experience was commensurate with the proportion of total AR that North America’s AR comprised. There were no other significant risk characteristics identified in the review of historical experience.

The Company’s assessment of current economic conditions and reasonable and supportable forecasts included an assessment of customer industries affected by

COVID-19.

Based on available information, the Company identified the following customer industries as being significantly affected by

COVID-19,

in no particular order: restaurants, hospitality, tourism, sports, travel and consumer goods. The Company assessed the relevant and supportable information available and estimated and

recorded

approximately $0.2

million

increase in the provision for credit losses due to

COVID-19.

The Company will continue to assess the

COVID-19

risk to its AR for the duration of the pandemic.

The following details the changes in the Company’s reserve allowance for estimated credit losses for AR for the period:


	Allowance for Credit Losses
	(in thousands)
Balance as of December 31, 2019	$	904
Current provision for credit losses		228
Write-offs against allowance		(439	)
Recoveries		—
Balance as of March 31, 2020	$	693

Estimated credit losses for UAR were not material.

Estimating credit losses based on risk characteristics requires significant judgment by the Company. Significant judgments include, but are not limited to: assessing current economic conditions and the extent to which they would be relevant to the existing characteristics of the company’s financial assets, the estimated life of financial assets, and the level of reliance on historical experience in light of economic conditions. The Company will have to continually review and update, when necessary, it’s historical risk characteristics that are meaningful to estimating credit losses, any new risk characteristics that arise in the natural course of business, and the estimated life of its financial assets.

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Allowance for accounts receivable	$ 693	$ 904
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	39,105,853	39,042,787
Treasury stock, shares	135,000	135,000

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating activities
Net loss	$ (7,853)	$ (4,983)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	2,408	1,713
Stock-based compensation	2,618	1,424
Provision for reserves on accounts receivable	275	70
Changes in assets and liabilities:
Accounts receivable	3,607	(2,033)
Prepaid expenses and other current assets	(1,843)	(803)
Other assets	195	92
Accounts payable	2,364	715
Accrued expenses	(2,264)	353
Operating leases	(34)	(68)
Deferred revenue	2,968	3,783
Net cash provided by operating activities	2,441	263
Investing activities
Purchases of property and equipment	(720)	(244)
Capitalized internal-use software costs	(1,973)	(946)
Net cash used in investing activities	(2,693)	(1,190)
Financing activities
Proceeds from exercise of stock options	36	625
Proceeds from debt	10,000
Other financing activities	(26)	(58)
Net cash provided by financing activities	10,010	567
Effect of exchange rate changes on cash and cash equivalents	(428)	2
Net increase (decrease) in cash and cash equivalents	9,330	(358)
Cash and cash equivalents at beginning of period	22,759	29,306
Cash and cash equivalents at end of period	32,089	28,948
Supplemental disclosure of cash flow information
Cash paid for operating lease liabilities	$ 1,824	$ 1,904

Stock Based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail)	Mar. 31, 2020 $ / shares
Options Outstanding [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate Intrinsic Value, Estimated per share fair value of common stock	$ 6.97

Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2020

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Weighted Average Assumptions Utilized

The weighted-average assumptions utilized to determine such values are presented in the following table:


	Three Months Ended March 31,
	2020			2019
Expected life in years		6.2			6.3
Risk-free interest rate		1.20	%		2.55	%
Volatility		44	%		43	%
Dividend yield		—			—

Summary of Stock-based Compensation Expense

The following table summarizes stock-based compensation expense as included in the consolidated statement of operations for the three months ended March 31, 2020 and 2019:


	Three Months Ended March 31,
	2020		2019
Stock-based compensation:
Cost of subscription and support revenue	$	190	$	119
Cost of professional services and other revenue		80		84
Research and development		440		263
Sales and marketing		911		458
General and administrative		997		500

	$	2,618	$	1,424

Summary of Stock Option Activity

The following is a summary of the stock option activity during the three months ended March 31, 2020.


	Number of Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (In Years)		Aggregate Intrinsic Value (1)
Outstanding at December 31, 2019		2,479,423		$	8.96
Granted		56,000			7.60
Exercised		(4,804	)		7.81			$	5
Canceled		(43,467	)		9.05

Outstanding at March 31, 2020		2,487,152		$	8.93		7.08	$	406

Exercisable at March 31, 2020		1,156,257		$	8.30		5.26	$	376

(1)	The aggregate intrinsic value was calculated based on the positive difference between the fair value of the Company’s common stock on March 31, 2020 of $6.97 per share, or the date of exercise, as appropriate, and the exercise price of the underlying options.

Restricted Stock Units Activity

The following table summarizes the restricted stock unit activity during the three months ended March 31, 2020:


	Shares			Weighted Average Grant Date Fair Value
Unvested at December 31, 2019		3,626,364		$	9.03
Granted		340,750			8.05
Vested and issued		(58,262	)		7.81
Canceled		(182,439	)		8.08

Unvested at March 31, 2020		3,726,413		$	8.95

Fair Value of Financial Instruments - Additonal Information (Detail) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial instruments carried at fair value	$ 0.1	$ 0.1

Commitments and Contingencies

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

10. Commitments and Contingencies

Legal Matters

The Company, from time to time, is party to litigation arising in the ordinary course of business. Management does not believe that the outcome of these claims will have a material adverse effect on the consolidated financial position, results of operations or cash flows of the Company based on the status of proceedings at this time.

Guarantees and Indemnification Obligations

The Company typically enters into indemnification agreements in the ordinary course of business. Pursuant to these agreements, the Company indemnifies and agrees to reimburse the indemnified party for losses and costs incurred by the indemnified party, generally the Company’s customers, in connection with patent, copyright, trade secret, or other intellectual property or personal right infringement claims by third parties with respect to the Company’s technology. The term of these indemnification agreements is generally perpetual after execution of the agreement. Based on when customers first subscribe for the Company’s service, the maximum potential amount of future payments the Company could be required to make under certain of these indemnification agreements is unlimited, however, more recently the Company has typically limited the maximum potential value of such potential future payments in relation to the value of the contract. Based on historical experience and information known as of March 31, 2020, the Company has not incurred any costs for the above guarantees and indemnities. The Company has received requests for indemnification from customers in connection with patent infringement suits brought against the customer by a third party. To date, the Company has not agreed that the requested indemnification is required by the Company’s contract with any such customer.

In certain circumstances, the Company warrants that its products and services will perform in all material respects in accordance with its standard published specification documentation in effect at the time of delivery of the licensed products and services to the customer for the warranty period of the product or service. To date, the Company has not incurred significant expense under its warranties and, as a result, the Company believes the estimated fair value of these agreements is immaterial.

Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Total Revenue to Unaffiliated Customers by Geographic Area, Based on Location of Customer

Total revenue from unaffiliated customers by geographic area, based on the location of the customer, was as follows:


	Three Months Ended March 31,
	2020		2019
Revenue:
North America	$	24,999	$	21,813
Europe		8,461		6,469
Japan		6,102		6,188
Asia Pacific		6,870		7,272
Other		221		94

Total revenue	$	46,653	$	41,836

Income Taxes

3 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Income Taxes

9. Income Taxes

For the three months ended March 31, 2020 and 2019, the Company recorded income tax expense of $328 and $175, respectively. The income tax expense relates principally to the Company’s foreign operations.

The Company is required to compute income tax expense in each jurisdiction in which it operates. This process requires the Company to project its current tax liability and estimate its deferred tax assets and liabilities, including net operating loss (“NOL”) and tax credit carry-forwards. In assessing the ability to realize the net deferred tax assets, management considers whether it is more likely than not that some portion or all of the net deferred tax assets will not be realized.

The Company has provided a valuation allowance against its remaining U.S. net deferred tax assets as of March 31, 2020 and December 31, 2019, based upon the level of historical U.S. losses and future projections over the period in which the net deferred tax assets are deductible, at this time, management believes it is more likely than not that the Company will not realize the benefits of these deductible differences.

Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers

The following summarizes the opening and closing balances of receivables, contract assets and contract liabilities from contracts with customers.


	Accounts Receivable, net		Contract Assets (current)		Deferred Revenue (current)		Deferred Revenue (non- current)		Total Deferred Revenue
Balance at December 31, 2019	$	31,181	$	1,871	$	49,260	$	299	$	49,559
Balance at March 31, 2020		27,334		1,909		52,356		162		52,518

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenue:
Revenue	$ 46,653	$ 41,836
Cost of revenue:
Cost of revenue	18,642	16,746
Gross profit	28,011	25,090
Operating expenses:
Research and development	8,853	7,394
Sales and marketing	14,174	14,256
General and administrative	6,532	5,261
Merger-related	5,509	2,932
Total operating expenses	35,068	29,843
Loss from operations	(7,057)	(4,753)
Other income (expense), net	(468)	(55)
Loss before income taxes	(7,525)	(4,808)
Provision for income taxes	328	175
Net loss	$ (7,853)	$ (4,983)
Net loss per share - basic and diluted	$ (0.20)	$ (0.14)
Weighted-average number of common shares used in computing net loss per share	38,981,140	36,677,046
Subscription and Support Revenue [Member]
Revenue:
Revenue	$ 44,658	$ 38,877
Cost of revenue:
Cost of revenue	16,748	14,170
Professional Services and Other Revenue [Member]
Revenue:
Revenue	1,995	2,959
Cost of revenue:
Cost of revenue	$ 1,894	$ 2,576

Segment Information

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Information

12. Segment Information

Geographic Data

Total revenue from unaffiliated customers by geographic area, based on the location of the customer, was as follows:


	Three Months Ended March 31,
	2020		2019
Revenue:
North America	$	24,999	$	21,813
Europe		8,461		6,469
Japan		6,102		6,188
Asia Pacific		6,870		7,272
Other		221		94

Total revenue	$	46,653	$	41,836

North America is comprised of revenue from the United States, Canada and Mexico. Revenue from customers located in the United States was $22,970 and $20,406 during the three months ended March 31, 2020 and 2019, respectively. Other than the United States and Japan, no other country contributed more than 10% of the Company’s total revenue during the three months ended March 31, 2020 and 2019.

As of March 31, 2020 and December 31, 2019, property and equipment at locations outside the U.S. was not material.

Revenue from Contracts with Customers - Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts receivable, net	$ 27,334	$ 31,181
Deferred Revenue (current)	52,356	49,260
Accounting Standards Update 2014-09 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts receivable, net	27,334	31,181
Contract Assets (current)	1,909	1,871
Deferred Revenue (current)	52,356	49,260
Deferred Revenue (non- current)	162	299
Total Deferred Revenue	$ 52,518	$ 49,559

Revenue from Contracts with Customers

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

2. Revenue from Contracts with Customers

The Company primarily derives revenue from the sale of its online video platform, which enables its customers to publish and distribute video to Internet-connected devices quickly, easily and in a cost-effective and high-quality manner. Revenue is derived from three primary sources: (1) the subscription to its technology and related support; (2) hosting, bandwidth and encoding services; and (3) professional services, which

include initiation, set-up and customization

services.

The following summarizes the opening and closing balances of receivables, contract assets and contract liabilities from contracts with customers.


	Accounts Receivable, net		Contract Assets (current)		Deferred Revenue (current)		Deferred Revenue (non- current)		Total Deferred Revenue
Balance at December 31, 2019	$	31,181	$	1,871	$	49,260	$	299	$	49,559
Balance at March 31, 2020		27,334		1,909		52,356		162		52,518

Revenue recognized during the three months ended March 31, 2020 from amounts included in deferred revenue at the beginning of the period was approximately $25.2 million. During the three months ended March 31, 2020, the Company did not recognize a material amount of revenue from performance obligations satisfied or partially satisfied in previous periods.

The assets recognized for costs to obtain a contract were $6.2 million as of March 31, 2020 and $5.9 million as of December 31, 2019. Amortization expense recognized during the three months ended March 31, 2020 and 2019 related to costs to obtain a contract was $1.6 million and $1.8 million, respectively.

Transaction Price Allocated to Future Performance Obligations

As of March 31, 2020, the total aggregate transaction price allocated to the unsatisfied performance obligations for subscription and support contracts was approximately $125.5 million, of which approximately $100.5 million is expected to be recognized over the next 12 months. The Company expects to recognize substantially all of the remaining unsatisfied performance obligations by December 2024.

Concentration of Other Risks

3 Months Ended

Mar. 31, 2020

Text Block [Abstract]

Concentration of Other Risks

4. Concentration of Other Risks

The Company is dependent on certain content delivery network providers who provide digital media delivery functionality enabling the

Company’s on-demand application

service to function as intended for the Company’s customers and

ultimate end-users. The

disruption of these services could have a material adverse effect on the Company’s business, financial position, and results of operations.

Recently Issued and Adopted Accounting Standards - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Accounting Policies [Line Items]
Provision for credit losses	$ 228
Accounting Standards Update 2016-02 [Member]
Accounting Policies [Line Items]
Reversed deferred rent liability	1,900	$ 1,900
Provision for credit losses	$ 200

Revenue from Contracts with Customers - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Deferred revenue recognized	$ 25.2
Assets recognized to obtain a contract	6.2		$ 5.9
Amortization expense recognized to obtain a contract	1.6	$ 1.8
Subscription and Support Revenue [Member]
Unsatisfied performance obligations	125.5
Subscription and Support Revenue [Member] \| Next Twelve Months [Member]
Unsatisfied performance obligations	$ 100.5

Recently Issued and Adopted Accounting Standards (Tables)

3 Months Ended

Mar. 31, 2020

Accounting Changes and Error Corrections [Abstract]

Schedule of Allowance for Doubtful Accounts

The following details the changes in the Company’s reserve allowance for estimated credit losses for AR for the period:


	Allowance for Credit Losses
	(in thousands)
Balance as of December 31, 2019	$	904
Current provision for credit losses		228
Write-offs against allowance		(439	)
Recoveries		—
Balance as of March 31, 2020	$	693

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Accumulated Deficit [Member]
Beginning Balance at Dec. 31, 2018		$ 37	$ 251,122	$ (871)	$ (952)	$ (178,722)
Beginning Balance, shares at Dec. 31, 2018		36,752,469
Treasury shares, beginning Balance at Dec. 31, 2018				(135,000)
Issuance of common stock upon exercise of stock options and pursuant to restricted stock units		$ 0	625
IIssuance of common stock upon exercise of stock options and pursuant to restricted stock units, shares		155,582
Stock-based compensation expense			1,497
Foreign currency translation adjustment	$ 21				21
Net loss						(4,983)
Ending Balance at Mar. 31, 2019	67,774	$ 37	253,244	$ (871)	(931)	(183,705)
Ending Balance, shares at Mar. 31, 2019		36,908,051
Treasury stock, Ending Balance at Mar. 31, 2019				(135,000)
Beginning Balance at Dec. 31, 2019	$ 74,123	$ 39	276,365	$ (871)	(785)	(200,625)
Beginning Balance, shares at Dec. 31, 2019		39,042,787
Treasury shares, beginning Balance at Dec. 31, 2019	(135,000)			(135,000)
Issuance of common stock upon exercise of stock options and pursuant to restricted stock units		$ 0	36
IIssuance of common stock upon exercise of stock options and pursuant to restricted stock units, shares		63,066
Stock-based compensation expense			2,713
Foreign currency translation adjustment	$ (459)				(459)
Net loss						(7,853)
Ending Balance at Mar. 31, 2020	$ 68,560	$ 39	$ 279,114	$ (871)	$ (1,244)	$ (208,478)
Ending Balance, shares at Mar. 31, 2020		39,105,853
Treasury stock, Ending Balance at Mar. 31, 2020	(135,000)			(135,000)

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Income tax expense	$ 328	$ 175

Net Loss per Share - Outstanding Common Shares Excluded from Computation of Dilutive Net Loss per Share (Detail) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Options Outstanding [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive common shares excluded from the computation of weighted-average shares outstanding	2,487	2,479
RSUs [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive common shares excluded from the computation of weighted-average shares outstanding	3,726	3,626

Segment Information - Total Revenue to Unaffiliated Customers by Geographic Area, Based on Location of Customer (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 46,653	$ 41,836
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	24,999	21,813
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	8,461	6,469
Japan [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	6,102	6,188
Asia Pacific [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	6,870	7,272
Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 221	$ 94

Stock Based Compensation - Summarizes Stock-based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	$ 2,618	$ 1,424
Subscription and Support Revenue [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	190	119
Professional Services and Other Revenue [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	80	84
Research and Development [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	440	263
Sales and Marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	911	458
General and Administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation	$ 997	$ 500

Concentration of Credit Risk

3 Months Ended

Mar. 31, 2020

Risks and Uncertainties [Abstract]

Concentration of Credit Risk

3. Concentration of Credit Risk

The Company has no

significant off-balance sheet

risk, such as foreign exchange contracts, option contracts, or other foreign hedging arrangements. Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash, cash equivalents, trade accounts receivable and unbilled trade accounts receivable.

The Company maintains its cash and cash equivalents principally with accredited financial institutions of high credit standing. Although the Company deposits its cash with multiple financial institutions, its deposits, at times, may exceed federally insured limits.

The Company generally has not experienced any material losses related to receivables from individual customers, or groups of customers. The Company does not require collateral. Due to these factors, no additional credit risk beyond amounts provided for collection losses is believed by management to be probable in the Company’s accounts receivable. Please see Note 14 for more detail on how the Company assesses credit risk for trade accounts receivable and unbilled trade accounts receivable under ASC 326.

Stock Based Compensation - Summary of Stock Option Activity (Detail) - Options Outstanding [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at December 31, 2019 \| shares	2,479,423
Shares, Granted \| shares	56,000
Shares, Exercised \| shares	(4,804)
Shares, Cancelled \| shares	(43,467)
Shares, Outstanding at March 31, 2020 \| shares	2,487,152
Shares, Exercisable at March 31, 2020 \| shares	1,156,257
Weighted-Average Exercise Price, Outstanding at December 31, 2019 \| $ / shares	$ 8.96
Weighted-Average Exercise Price, Granted \| $ / shares	7.60
Weighted-Average Exercise Price, Exercised \| $ / shares	7.81
Weighted-Average Exercise Price, Cancelled \| $ / shares	9.05
Weighted-Average Exercise Price, Outstanding at March 31, 2020 \| $ / shares	8.93
Weighted-Average Exercise Price, Exercisable at March 31, 2020 \| $ / shares	$ 8.30
Weighted-Average Remaining Contractual Term, Outstanding at March 31, 2020	7 years 29 days
Weighted-Average Remaining Contractual Term, Exercisable at March 31, 2020	5 years 3 months 3 days
Aggregate Intrinsic Value, Exercised \| $	$ 5
Aggregate Intrinsic Value, Outstanding at March 31, 2020 \| $	406
Aggregate Intrinsic Value, Exercisable at March 31, 2020 \| $	$ 376

Cash and Cash Equivalents - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Cash and Cash Equivalents [Abstract]
Short-term investments	$ 0	$ 0
Long-term investments	0	$ 0
Proceeds from existing line of credit	$ 10,000

Cash and Cash Equivalents

3 Months Ended

Mar. 31, 2020

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents

5. Cash and Cash Equivalents

The Company considers all highly liquid investments with an original maturity of three months or less at the date of purchase to be cash equivalents. Management determines the appropriate classification of investments at the time of purchase,

and re-evaluates such

determination at each balance sheet date. The Company did not have any short-term or long-term investments at March 31, 2020 or December 31, 2019. The increase in cash and cash equivalents is primarily the result of the Company’s borrowing $10.0 million under an existing line of credit, as described in Note 11.

Cash and cash equivalents primarily consist of cash on deposit with banks and amounts held in interest-bearing money market accounts. Cash equivalents are carried at cost, which approximates their fair market value.

Cash and cash equivalents as of March 31, 2020 consist of the following:


	March 31, 2020
Description	Contracted Maturity		Cost		Fair Market Value		Balance Per Balance Sheet
Cash		Demand	$	32,048	$	32,048	$	32,048
Money market funds		Demand		41		41		41

Total cash and cash equivalents			$	32,089	$	32,089	$	32,089

Cash and cash equivalents as of December 31, 2019 consist of the following:


	December 31, 2019
Description	Contracted Maturity		Cost		Fair Market Value		Balance Per Balance Sheet
Cash		Demand	$	22,718	$	22,718	$	22,718
Money market funds		Demand		41		41		41

Total cash and cash equivalents			$	22,759	$	22,759	$	22,759

Segment Information - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from customers	$ 46,653	$ 41,836
Revenue percentage from other country to the company's total revenue	10.00%	10.00%
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues from customers	$ 22,970	$ 20,406