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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 1,140 $ 1,764
Accounts receivable, net 1,635 2,698
Prepaid expenses and other current assets 978 553
Total current assets 3,753 5,015
Property and equipment, net 2,203 2,986
Goodwill 9,225 9,825
Intangibles, net 1,309 2,178
Other assets 10 30
Total assets 16,500 20,034
Current liabilities:    
Current portion of long-term debt 10,660 400
Accounts payable 75 385
Accrued expenses and other liabilities 1,165 1,492
Accrued dividends 47 36
Accrued sales taxes and regulatory fees 395 441
Total current liabilities 12,342 2,754
Long term liabilities:    
Deferred tax liability 230 309
Long term debt, net of current portion 0 10,588
Total long term liabilities 230 10,897
Total liabilities 12,572 13,651
Commitments and contingencies (see Note 14)
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, 2016 and 2015, respectively 100 100
Common stock, $.0001 par value; 150,000,000 shares authorized; 36,659,000 issued and 36,455,000 outstanding at December 31, 2016 and 35,889,000 shares issued and 35,710,000 outstanding at December 31, 2015 4 4
Treasury stock, 204,000 and 179,000 shares at December 31, 2016 and 2015, respectively (219) (206)
Additional paid-in capital 180,333 179,242
Accumulated deficit (176,290) (172,757)
Total stockholders’ equity 3,928 6,383
Total liabilities and stockholders’ equity $ 16,500 $ 20,034