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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,550 $ 6,702
Contract receivables, net 11,257 10,494
Prepaid expenses and other current assets 5,262 1,554
Total current assets 20,069 18,750
Equipment, software and leasehold improvements, net 839 616
Software development costs, net 532 630
Goodwill 13,339 13,339
Intangible assets, net 3,020 4,234
Operating lease right-of-use assets, net 1,200 1,562
Other assets 52 59
Total assets 39,051 39,190
Current liabilities:    
Line of credit 1,817 3,006
PPP Loan, current portion 0 5,034
Accounts payable 1,179 570
Accrued expenses 1,358 1,297
Accrued compensation 1,452 1,505
Billings in excess of revenue earned 5,029 5,285
Accrued warranty 667 665
Income taxes payable 1,654 1,621
Other current liabilities 1,883 2,498
Total current liabilities 15,039 21,481
PPP Loan, noncurrent portion 0 5,034
Operating lease liabilities noncurrent 790 1,831
Other noncurrent liabilities 179 339
Total liabilities 16,008 28,685
Commitments and contingencies (Note 16)
Shareholders' equity:    
Preferred stock $0.01 par value; 2,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock $0.01 par value; 60,000,000 shares authorized, 22,533,005 and 22,192,569 shares issued, 20,934,094 and 20,593,658 shares outstanding, respectively 225 222
Additional paid-in capital 80,505 79,687
Accumulated deficit (54,584) (65,191)
Accumulated other comprehensive loss (104) (1,214)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total shareholders' equity 23,043 10,505
Total liabilities and shareholders' equity $ 39,051 $ 39,190