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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 19,556 $ 15,766
Accounts receivable (net of allowance for doubtful accounts of $657 and $700, respectively) 2,514 2,051
Income tax receivable 0 48
Other current assets 298 141
Total current assets 22,368 18,006
Capitalized software (net of accumulated amortization of $2,761 and $2,153, respectively) 526 1,134
Fixed assets (net of accumulated depreciation of $312 and $181, respectively) 795 899
Right-of-use asset - leases (See Note 9) 1,830 2,127
Deferred tax asset 0 256
Other long-term assets 88 77
Goodwill 6,376 6,376
Intangible assets (net of accumulated amortization of $5,546 and $4,937, respectively) 2,906 3,515
Total assets 34,889 32,390
Current liabilities:    
Accounts payable 304 266
Accrued expenses 1,805 1,151
Note payable - short-term (net of discount of $0 and $19, respectively) (See Note 4) 0 301
Income taxes payable 258 310
Deferred revenue 2,212 1,812
Total current liabilities 4,579 3,840
Deferred income tax liability 197 141
Lease liabilities - long-term (see Note 9) 1,971 2,309
Total liabilities 6,747 6,290
Commitments and contingencies (see Note 10)
Stockholders' equity:    
Preferred stock, $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding as of December 31, 2020 and 2019, respectively 0 0
Common stock $0.001 par value, 20,000,000 shares authorized, 3,770,752 and 3,786,398 shares issued and outstanding as of December 31, 2020 and 2019, respectively 4 4
Additional paid-in capital 22,214 22,275
Other accumulated comprehensive loss (19) (16)
Retained earnings 5,943 3,837
Total stockholders' equity 28,142 26,100
Total liabilities and stockholders' equity $ 34,889 $ 32,390