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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 10,203 $ 11,826
Restricted cash 6,020 6,020
Marketable securities 11 9
Accounts receivable, net of allowance for doubtful accounts of $1,581 and $1,569, respectively 15,363 18,790
Inventories, net 1,244 1,012
Prepaid expenses and other current assets 2,796 2,891
Income taxes receivable 72 87
Total current assets 35,709 40,635
Property and equipment, net of accumulated depreciation of $24,942 and $24,542, respectively 10,362 10,920
Goodwill 2,116 2,116
Other intangible assets, net of accumulated amortization of $7,765 and $7,257, respectively 3,283 3,451
Other assets 684 666
Total assets 52,154 57,788
Current liabilities:    
Accounts payable 4,480 6,303
Accrued liabilities:    
Employee compensation 1,170 1,390
Other accrued liabilities 5,169 6,357
Total current liabilities 10,819 14,050
Other liabilities 365 346
Total liabilities 11,184 14,396
COMMITMENTS AND CONTINGENCIES (Note 10)
Shareholders’ equity:    
Common stock, $.01 par value, 40,000,000 shares authorized, 23,914,256 and 23,800,924 shares issued, and 23,533,883, and 23,446,035 shares outstanding, respectively 239 238
Additional paid-in capital 137,369 137,380
Accumulated deficit (94,026) (91,520)
Accumulated other comprehensive loss (1,451) (1,568)
Nil coupon perpetual loan notes 76 76
Treasury stock, at cost (1,237) (1,214)
Total shareholders’ equity 40,970 43,392
Total liabilities and shareholders’ equity $ 52,154 $ 57,788