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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 23,852,000 $ 19,556,000
Accounts receivable (net of allowance for doubtful accounts of $675 and $657, respectively) 3,291,000 2,514,000
Other current assets 750,000 298,000
Total current assets 27,893,000 22,368,000
Capitalized software (net of accumulated amortization of $3,301 and $2,761, respectively) 201,000 526,000
Fixed assets (net of accumulated depreciation of $456 and $312, respectively) 713,000 795,000
Right-of-use asset - leases (See Note 8) 1,533,000 1,830,000
Other long-term assets 94,000 88,000
Goodwill 6,376,000 6,376,000
Intangible assets (net of accumulated amortization of $6,005 and $5,546, respectively) 2,447,000 2,906,000
Total assets 39,257,000 34,889,000
Current liabilities:    
Accounts payable 695,000 304,000
Accrued expenses 1,975,000 1,805,000
Income taxes payable 46,000 258,000
Deferred revenue 3,086,000 2,212,000
Total current liabilities 5,802,000 4,579,000
Deferred income tax liability 176,000 197,000
Lease liabilities - long-term (See Note 8) 1,659,000 1,971,000
Total liabilities 7,637,000 6,747,000
Stockholders' equity:    
Preferred stock, $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding as of December 31, 2021 and 2020, respectively. 0 0
Common stock $0.001 par value, 20,000,000 shares authorized, 3,793,538 and 3,770,752 shares issued and outstanding as of December 31, 2021 and 2020, respectively. 4,000 4,000
Additional paid-in capital 22,401,000 22,214,000
Other accumulated comprehensive loss (19,000) (19,000)
Retained earnings 9,234,000 5,943,000
Total stockholders' equity 31,620,000 28,142,000
Total liabilities and stockholders' equity $ 39,257,000 $ 34,889,000