Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets:      
Cash and cash equivalents $ 10,364 $ 7,072  
Marketable securities 0 6,249  
Receivables, net of allowance 7,495 11,257  
Prepaid income taxes 317 659  
Prepaid expenses and other current assets 2,470 3,392  
Total current assets 20,646 28,629  
Property and equipment, net of depreciation 1,827 2,942  
Intangible assets, net of amortization 8,110 11,032  
Goodwill 6,749 8,103  
Deferred income taxes, non-current 70 57  
Other assets - non-current 4,827 3,649  
Total assets 42,229 54,412  
Current liabilities:      
Accounts payable and other accrued liabilities 2,394 3,864  
Accrued compensation 2,361 4,014  
Deferred revenue 8,992 10,413  
Deferred rent 283 270  
Financing obligations 508 502  
Warrant liability 893 0  
Current liabilities from discontinued operations 0 50  
Total current liabilities 15,431 19,113  
Long-term liabilities:      
Deferred revenue - non-current 423 2,215  
Income taxes payable - non-current 6 9  
Deferred tax liability - non-current 294 575  
Deferred rent, non-current 712 998  
Financing obligations, non-current 170 519  
Term loan, non-current 6,617 0  
Other non-current liabilities 0 226  
Total long-term liabilities 8,222 4,542  
Total liabilities 23,653 23,655  
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 9,227,247 and 9,188,682, respectively 92 92  
Additional paid-in capital 66,864 65,484  
Accumulated deficit (44,473) (33,298)  
Accumulated other comprehensive loss (3,907) (1,521)  
Total stockholders’ equity 18,576 30,757 $ 58,273
Total liabilities and stockholders’ equity $ 42,229 $ 54,412