XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 44,555 $ 38,512
Short-term investment 252 251
Accounts receivable, net of allowances for bad debts and customer credits of $889 and $1,015 at June 30, 2017 and December 31, 2016, respectively 25,219 33,634
Deferred tax asset 0 4,669
Prepaid expenses and other current assets 1,449 901
Total current assets 71,475 77,967
Property and equipment, net 4,504 4,430
Investments 680 680
Intangible assets, net 21,035 23,783
Goodwill 42,821 42,821
Long-term deferred tax asset 25,832 14,799
Other assets 694 801
Total assets 167,041 165,281
Current liabilities:    
Accounts payable 8,491 9,764
Accrued employee-related benefits 2,065 4,530
Other accrued expenses and other current liabilities 7,498 8,315
Current portion of term loan payable 4,125 6,563
Total current liabilities 22,179 29,172
Convertible note payable 1,000 1,000
Long-term portion of term loan payable 6,000 7,500
Borrowings under revolving credit facility 8,000 8,000
Total liabilities 37,179 45,672
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value; 55,000,000 shares authorized and 12,868,769 and 11,012,625 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 13 11
Additional paid-in capital 352,979 350,022
Accumulated deficit (223,130) (230,424)
Total stockholders' equity 129,862 119,609
Total liabilities and stockholders' equity 167,041 165,281
Preferred Class A [Member]    
Stockholders' equity:    
Preferred stock, $0.001 par value, 11,445,187 shares authorized Series A Preferred stock, none issued and outstanding Series B Preferred stock, none and 168,007 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 0 0
Preferred Class B [Member]    
Stockholders' equity:    
Preferred stock, $0.001 par value, 11,445,187 shares authorized Series A Preferred stock, none issued and outstanding Series B Preferred stock, none and 168,007 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively $ 0 $ 0