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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 32,974 $ 54,361
Trade accounts receivable, less allowance for doubtful accounts of $65 and $94, respectively 13,112 13,728
Prepaid expenses 4,107 3,884
Income taxes receivable 389 752
Other current assets 1,198 982
Total current assets 51,780 73,707
Net property and equipment 13,602 12,391
Intangible assets, net 1,696 1,790
Goodwill, net 61,614 61,614
Deferred contract costs, net 3,167 3,772
Deferred income taxes 18 14
Operating lease right-of-use assets 787 975
Other 3,569 3,277
Total assets 136,233 157,540
Current liabilities:    
Current portion of notes payable 4,390 4,278
Accounts payable 1,658 1,943
Accrued wages and bonuses 6,914 7,139
Accrued expenses 3,315 5,450
Dividends payable 5,944 3,044
Income taxes payable 558  
Deferred revenue 15,496 17,213
Other current liabilities 1,312 1,321
Total current liabilities 39,587 40,388
Notes payable, net of current portion and unamortized debt issuance costs 20,044 22,269
Deferred income taxes 5,727 7,002
Other long-term liabilities 2,251 2,544
Total liabilities 67,609 72,203
Shareholders’ equity:    
Preferred stock, $0.01 par value, authorized 2,000,000 shares, none issued 0 0
Common stock, $0.001 par value; authorized 110,000,000 shares, issued 30,898,600 in 2022 and 2021, outstanding 24,767,118 in 2022 and 25,361,409 in 2021 31 31
Additional paid-in capital 174,561 173,942
Retained earnings (accumulated deficit) (31,242) (36,112)
Accumulated other comprehensive loss, foreign currency translation adjustment (2,423) (2,375)
Treasury stock, at cost; 6,131,482 and 5,537,191 Common shares in 2022 and 2021, respectively (72,303) (50,149)
Total shareholders’ equity 68,624 85,337
Total liabilities and shareholders’ equity $ 136,233 $ 157,540