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

or

ir@texturacorp.com

847-457-6553

Textura Corporation

Consolidated Balance Sheets (unaudited)

(in thousands, except per share amounts)

December 31,

December 31,

2015

2014

Assets

Current assets

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

Liabilities and Stockholders' Equity 

Current liabilities

Accounts payable   

$            2,701

$            1,699

Accrued expenses   

11,378

9,874

Deferred revenue, short-term

40,089

31,923

Leases payable, short-term

-

412

Total current liabilities   

54,168

43,908

Deferred revenue, long-term

3,724

3,660

Other long-term liabilities

2,040

1,028

Total liabilities   

59,932

48,596

Stockholders' equity

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

Additional paid in capital   

361,370

340,344

Treasury stock, at cost; 671 and 659 shares at December 31, 2015 and 2014, respectively 

(10,309)

(9,923)

Accumulated other comprehensive loss

(662)

(340)

Accumulated deficit   

(226,015)

(209,419)

Total Textura Corporation stockholders' equity 

124,410

120,688

Total liabilities and stockholders' equity

$        184,342

$        169,284