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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,917 $ 5,339
Accounts receivable (net of allowance for doubtful accounts of $425 and $429, respectively) 1,275 1,300
Income tax receivable 725 0
Other current assets 193 188
Total current assets 7,110 6,827
Capitalized software (net of accumulated amortization of $497 and $207, respectively) 2,749 2,048
Fixed assets (net of accumulated depreciation of $388 and $318, respectively) 145 204
Deferred income tax asset - noncurrent 0 141
Other long-term assets 18 18
Goodwill 4,070 2,243
Intangible assets (net of accumulated amortization of $3,699 and $3,324, respectively) 2,858 1,380
Total assets 16,950 12,861
Current liabilities:    
Accounts payable 666 343
Accrued expenses 613 806
Current portion of note payable (See Note 4) 288 0
Income taxes payable 65 112
Deferred revenue 887 843
Total current liabilities 2,519 2,104
Note payable – long-term (net of discount of $70 as of December 31, 2017) (See Note 4) 570 0
Deferred income tax liability 573 67
Other long-term liabilities 77 112
Total liabilities 3,739 2,283
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Preferred stock, $0.001 par value, 1,000,000 and 30,000,000 shares authorized, no shares issued and outstanding as of December 31, 2017 and 2016, respectively. 0 0
Common stock $0.001 par value, 20,000,000 and 100,000,000 shares authorized, 3,014,494 and 2,860,944 shares issued and outstanding as of December 31, 2017 and 2016, respectively. 3 3
Additional paid-in capital 10,400 9,120
Other accumulated comprehensive income (loss) 34 (36)
Retained earnings 2,774 1,491
Total stockholders' equity 13,211 10,578
Total liabilities and stockholders' equity $ 16,950 $ 12,861