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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2016
Sep. 30, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 28,800 $ 35,162
Accounts receivable, net of allowance for doubtful accounts of $27 and $106 as of June 30, 2016 and September 30, 2015, respectively 5,846 7,081
Prepaid expenses and other current assets 1,962 2,013
Total current assets 36,608 44,256
Property and equipment, net 1,245 614
Acquired intellectual property, net 2,494 3,981
Other intangible assets, net 1,084 1,270
Goodwill and indefinite-lived assets 6,685 6,685
Deferred tax asset, net   1,839
Other long-term assets 246 286
Total assets 48,362 58,931
CURRENT LIABILITIES:    
Accounts payable 1,571 1,546
Accrued expenses 2,152 2,656
Deferred revenue 8,749 8,452
Deferred tax liability, current   274
Total current liabilities 12,472 12,928
LONG-TERM LIABILITIES:    
Deferred revenue, long-term 173 192
Other long-term liabilities 522 269
Total long-term liabilities 695 461
Total liabilities 13,167 13,389
COMMITMENTS AND CONTINGENCIES (Note 6)
SHAREHOLDERS' EQUITY:    
Common stock, par value $0.01; authorized: 20,000,000 shares; issued and outstanding: 11,874,008 shares and 11,859,762 shares respectively, as of June 30, 2016 and 11,640,097 shares and 11,625,851 shares, respectively, as of September 30, 2015 119 116
Additional paid-in capital 142,007 139,732
Accumulated deficit (104,891) (92,191)
Accumulated other comprehensive loss (1,900) (1,975)
Shareholders' equity before treasury stock 35,335 45,682
Less treasury stock, at cost, 14,246 shares (140) (140)
Total shareholders' equity 35,195 45,542
Total liabilities and shareholders' equity $ 48,362 $ 58,931