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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash $ 1,764 $ 1,938
Accounts receivable, net 2,698 3,273
Prepaid expenses and other current assets 625 1,025
Total current assets 5,087 6,236
Property and equipment, net 2,986 3,246
Goodwill 9,825 9,825
Intangibles, net 2,178 3,047
Other assets 155 262
Total assets 20,231 22,616
Current liabilities:    
Current portion of long-term debt 400 400
Current portion of capital lease 0 41
Accounts payable 385 1,220
Accrued expenses and other liabilities 1,492 1,576
Accrued dividends 36 40
Accrued sales taxes and regulatory fees 441 444
Total current liabilities 2,754 3,721
Long term liabilities:    
Capital lease, net of current portion 0 1
Deferred tax liability 309 142
Long term debt, net of current portion 10,785 10,785
Total long term liabilities 11,094 10,928
Total liabilities $ 13,848 $ 14,649
Commitments and contingencies
Stockholders’ equity:    
Preferred stock Series A-2, convertible; $.0001 par value; $7,500 stated value; 7,500 shares authorized, 32 shares issued and outstanding and liquidation preference of $237 at December 31, 2015 and 53 shares issued and outstanding with liquidation preference of $396 at December 31, 2014 $ 100 $ 167
Common stock, $.0001 par value; 150,000,000 shares authorized; 35,888,734 and 35,950,732 shares issued and outstanding at December 31, 2015 and 2014, respectively 4 4
Treasury stock, 179,000 and 40,000 shares at December 31, 2015 and 2014, respectively (206) (66)
Additional paid-in capital 179,242 178,476
Accumulated deficit (172,757) (170,614)
Total stockholders’ equity 6,383 7,967
Total liabilities and stockholders’ equity $ 20,231 $ 22,616