v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 9,887 $ 10,639
Accounts and Financing Receivable, after Allowance for Credit Loss, Current 8,224 4,586
Contract assets 948 1,089
Income tax receivable 515 338
Prepaid expenses and other current assets 1,719 1,981
Total current assets 21,293 18,633
Property and equipment, net of accumulated depreciation of $2,651 and $2,520, respectively 464 596
Right of use assets – operating leases 1,490 1,746
Intangible assets, net 2,537 3,075
Goodwill 6,718 7,203
Deferred Income Tax Assets, Net 12 21
Other assets, non-current 478 442
Total assets 32,992 31,716
Current liabilities:    
Accounts payable and other accrued liabilities 3,744 2,816
Accrued compensation 1,329 1,165
Deferred revenue 11,142 10,140
Operating lease liabilities 600 587
Financing obligations 203 157
Other Notes Payable, Current 1,735 0
Debt derivative liability, current 35 0
Warrant liability 1,482 2,939
Total current liabilities 20,270 17,804
Long-term liabilities:    
Deferred revenue, non-current 3,979 1,449
Income taxes payable, non-current 597 585
Operating lease liabilities, non-current 1,256 1,587
Financing obligations, non-current 39 83
Other Liabilities, Noncurrent 151 0
Total long-term liabilities 6,022 3,704
Total liabilities 26,292 21,508
Commitments and contingencies (Note 3) 0 0
Stockholders’ equity:    
Preferred stock, $0.01 par value, authorized 250,000 shares, no shares issued and outstanding 0 0
Common stock, $0.01 par value, authorized 29,750,000 shares, issued and outstanding 13,529,221 and 13,553,409, respectively 135 136
Additional paid-in capital 78,416 78,061
Accumulated deficit (68,492) (65,128)
Accumulated other comprehensive loss (3,359) (2,861)
Total stockholders’ equity 6,700 10,208
Total liabilities and stockholders’ equity $ 32,992 $ 31,716

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