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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 17,097 $ 15,766
Accounts receivable (net of allowance for doubtful accounts of $601 and $700, respectively) 2,599 2,051
Income tax receivable 0 48
Other current assets 273 141
Total current assets 19,969 18,006
Capitalized software (net of accumulated amortization of $2,472 and $2,153, respectively) 815 1,134
Fixed assets (net of accumulated amortization of $245 and $181, respectively) 839 899
Right-of-use asset - leases 1,979 2,127
Deferred tax asset 292 256
Other long-term assets 64 77
Goodwill 6,376 6,376
Intangible assets (net of accumulated amortization of $5,281 and $4,937, respectively) 3,171 3,515
Total assets 33,505 32,390
Current liabilities:    
Accounts payable 430 266
Accrued expenses 1,385 1,151
Note payable - short-term (net of discount of $6 and $19, respectively) 314 301
Income taxes payable 614 310
Deferred revenue 2,015 1,812
Total current liabilities 4,758 3,840
Deferred income tax liability 130 141
Lease liabilities - long term 2,138 2,309
Total liabilities 7,026 6,290
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively. 0 0
Common stock $0.001 par value, 20,000,000 shares authorized, 3,734,502 and 3,786,398 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively. 4 4
Additional paid-in capital 21,619 22,275
Other accumulated comprehensive income (loss) 21 (16)
Retained earnings 4,835 3,837
Total stockholders' equity 26,479 26,100
Total liabilities and stockholders' equity $ 33,505 $ 32,390