Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.4.0.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 9,011 $ 7,072
Marketable securities 2,250 6,249
Receivables, net of allowance for doubtful accounts of $18 and $24, respectively 7,214 11,257
Income tax receivable 394 659
Prepaid expenses and other current assets 4,590 3,392
Total current assets 23,459 28,629
Property and equipment, net of accumulated depreciation of $2,917 and $2,615, respectively 2,644 2,942
Intangible assets, net 10,330 11,032
Goodwill 7,865 8,103
Deferred income taxes, non-current 59 57
Other assets, non-current 3,608 3,649
Total assets 47,965 54,412
Current liabilities:    
Accounts payable and other accrued liabilities 3,753 3,864
Accrued compensation 2,995 4,014
Deferred revenue 9,815 10,413
Deferred rent 295 270
Financing obligations 465 502
Current liabilities from discontinued operations 50 50
Total current liabilities 17,373 19,113
Long-term liabilities:    
Deferred revenue, non-current 1,944 2,215
Income taxes payable, non-current 6 9
Deferred tax liability, non-current 558 575
Financing obligations, non-current 435 519
Deferred rent - non-current 923 998
Other non-current liabilities 101 226
Total long-term liabilities 3,967 4,542
Total liabilities $ 21,340 $ 23,655
Commitments and contingencies
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 9,210,714 and 9,188,682, respectively 92 92
Additional paid-in capital 65,833 65,484
Accumulated deficit (37,430) (33,298)
Accumulated other comprehensive loss (1,870) (1,521)
Total stockholders’ equity 26,625 30,757
Total liabilities and stockholders’ equity $ 47,965 $ 54,412