Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 8,499 $ 7,690
Receivables, net of allowance for doubtful accounts of $81 and $21, respectively 4,150 5,529
Contract assets 156 0
Income tax receivable 319 156
Prepaid expenses and other current assets 1,932 1,830
Total current assets 15,056 15,205
Property and equipment, net of accumulated depreciation of $2,730 and $4,678, respectively 512 911
Intangible assets, net 4,661 6,295
Goodwill 7,132 7,390
Deferred income taxes, non-current 60 77
Other assets, non-current 925 4,398
Total assets 28,346 34,276
Current liabilities:    
Accounts payable and other accrued liabilities 1,841 3,878
Accrued compensation 959 1,824
Deferred revenue 9,114 8,923
Deferred rent 47 181
Financing obligations 144 1,047
Warrant liability 3,458 819
Total current liabilities 15,563 16,672
Long-term liabilities:    
Deferred revenue, non-current 1,483 141
Income taxes payable, non-current 531 3
Deferred tax liability, non-current 40 153
Deferred rent, non-current 322 507
Financing obligations, non-current 0 3
Term loan, non-current 3,304 7,605
Other non-current liabilities 146 0
Total long-term liabilities 5,826 8,412
Total liabilities 21,389 25,084
Commitments and contingencies (Note 4) 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 9,528,403 and 9,364,804, respectively 95 94
Additional paid-in capital 68,763 68,035
Accumulated deficit (58,923) (56,197)
Accumulated other comprehensive loss (2,978) (2,740)
Total stockholders’ equity 6,957 9,192
Total liabilities and stockholders’ equity $ 28,346 $ 34,276