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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 11,499 $ 28,611
Trade accounts receivable, net of allowance for doubtful accounts of $146 and $146, respectively 10,225 5,377
Inventories 6,033 3,676
Prepaid expenses and other current assets 714 342
Total current assets 28,471 38,006
Property and equipment:    
Machinery and equipment 4,993 4,383
Leasehold improvements 730 603
Gross property and equipment 5,723 4,986
Less: accumulated depreciation (4,179) (4,042)
Net property and equipment 1,544 944
Deferred tax assets 1,110
Goodwill 13,738 1,706
Intangible assets, net 16,259 875
Restricted certificates of deposit 175 175
Other assets 27 28
Total assets 60,214 42,844
Current liabilities:    
Accounts payable 2,363 1,368
Accrued wages and benefits 2,218 1,588
Accrued rent 530 572
Accrued professional fees 682 419
Accrued sales commissions 476 287
Customer deposits and deferred revenue 1,111 74
Domestic and foreign income taxes payable 1,087 575
Current portion of contingent consideration liability
Other current liabilities 400 173
Total current liabilities 8,867 5,056
Deferred tax liabilities 4,010
Contingent consideration liability, net of current portion 3,574
Total liabilities 16,451 5,056
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.01 par value; 20,000,000 shares authorized; 10,444,135 and 10,394,018 shares issued, respectively 104 104
Addtional paid-in capital 25,808 25,578
Retained earnings 17,212 11,671
Accumulated other comprehensive earnings 843 639
Treasury stock, at cost; 33,077 and 33,077 shares, respectively (204) (204)
Total stockholders' equity 43,763 37,788
Total liabilities and stockholders' equity $ 60,214 $ 42,844