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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 47,290 $ 54,361
Trade accounts receivable, less allowance for doubtful accounts of $69 and $94, respectively 15,910 13,728
Prepaid expenses 4,477 3,884
Income taxes receivable 93 752
Other current assets 1,151 982
Total current assets 68,921 73,707
Net property and equipment 12,853 12,391
Intangible assets, net 1,743 1,790
Goodwill, net 61,614 61,614
Deferred contract costs, net 3,498 3,772
Deferred income taxes 17 14
Operating lease right-of-use assets 914 975
Other 3,594 3,277
Total assets 153,154 157,540
Current liabilities:    
Current portion of notes payable 4,333 4,278
Accounts payable 1,134 1,943
Accrued wages and bonuses 5,935 7,139
Accrued expenses 3,541 5,450
Dividends payable 6,047 3,044
Income taxes payable 2,556  
Deferred revenue 16,693 17,213
Other current liabilities 1,330 1,321
Total current liabilities 41,569 40,388
Notes payable, net of current portion and unamortized debt issuance costs 21,161 22,269
Deferred income taxes 6,507 7,002
Other long-term liabilities 2,431 2,544
Total liabilities 71,668 72,203
Shareholders’ equity:    
Common stock, $0.001 par value; authorized 110,000,000 shares, issued 30,898,600 in 2022 and 2021, outstanding 25,194,447 in 2022 and 25,361,409 in 2021 31 31
Additional paid-in capital 174,227 173,942
Retained earnings (accumulated deficit) (33,620) (36,112)
Accumulated other comprehensive loss, foreign currency translation adjustment (2,324) (2,375)
Treasury stock, at cost; 5,704,153 and 5,537,191 Common shares in 2022 and 2021, respectively (56,828) (50,149)
Total shareholders’ equity 81,486 85,337
Total liabilities and shareholders’ equity $ 153,154 $ 157,540