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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 11,826 $ 21,684
Restricted cash 6,020 0
Marketable securities 9 19
Accounts receivable, net 18,790 23,060
Inventories, net 1,012 1,653
Prepaid expenses and other current assets 2,891 3,889
Income taxes receivable 87 1,857
Deferred income taxes 0 239
Total current assets 40,635 52,401
Property and equipment, net 10,920 12,001
Goodwill 2,116 2,116
Other intangible assets, net 3,451 7,144
Deferred income taxes 0 992
Other assets 666 1,357
Total assets 57,788 76,011
Current liabilities:    
Accounts payable 6,303 8,942
Accrued liabilities:    
Employee compensation 1,390 1,645
Other accrued liabilities 6,357 5,949
Total current liabilities 14,050 16,536
Other liabilities 346 501
Total liabilities 14,396 17,037
COMMITMENTS AND CONTINGENCIES (Note 9)
Stockholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 23,800,924 and 23,419,008 shares issued, and 23,446,035 and 23,167,216 outstanding in 2016 and 2015, respectively 238 234
Additional paid-in capital 137,380 135,394
Accumulated deficit (91,520) (74,132)
Accumulated other comprehensive loss (1,568) (1,556)
Nil coupon perpetual loan notes 76 76
Treasury stock, 354,889 and 251,792 shares in 2016 and 2015, respectively, at cost (1,214) (1,042)
Total stockholders’ equity 43,392 58,974
Total liabilities and stockholders’ equity $ 57,788 $ 76,011