Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 7,072 $ 11,684
Marketable securities 6,249 23,486
Restricted cash 0 2,300
Receivables, net of allowance 11,257 10,090
Prepaid income taxes 659 301
Prepaid expenses and other current assets 3,392 3,801
Deferred income taxes - current 0 64
Current assets from discontinued operations 0 1,026
Total current assets 28,629 52,752
Property and equipment, net of depreciation 2,942 1,899
Intangible assets, net of amortization 11,032 13,384
Goodwill 8,103 8,525
Deferred income taxes, non-current 57 2
Other assets - non-current 3,649 3,615
Total assets 54,412 80,177
Current liabilities:    
Accounts payable and other accrued liabilities 3,864 3,396
Accrued compensation 4,014 6,222
Deferred revenue 10,413 9,015
Deferred income taxes 0 110
Income taxes payable 0 53
Deferred rent 270 133
Financing obligations 502 0
Current liabilities from discontinued operations 50 448
Total current liabilities 19,113 19,377
Long-term liabilities:    
Deferred revenue - non-current 2,215 1,047
Income taxes payable - non-current 9 8
Deferred tax liability - non-current 575 1,071
Deferred rent, non-current 998 401
Financing obligations, non-current 519 0
Other non-current liabilities 226 0
Total long-term liabilities 4,542 2,527
Total liabilities $ 23,655 $ 21,904
Commitments and contingencies (Notes 11 and 15)
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 9,188,682 and 9,127,425, respectively 92 91
Additional paid-in capital 65,484 63,566
Accumulated deficit (33,298) (4,599)
Accumulated other comprehensive loss (1,521) (785)
Total stockholders’ equity 30,757 58,273
Total liabilities and stockholders’ equity $ 54,412 $ 80,177