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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 13,290 $ 28,611
Trade accounts receivable, net of allowance for doubtful accounts of $213 and $146, respectively 12,166 5,377
Inventories 4,966 3,676
Prepaid expenses and other current assets 577 342
Total current assets 30,999 38,006
Property and equipment:    
Machinery and equipment 5,033 4,383
Leasehold improvements 822 603
Gross property and equipment 5,855 4,986
Less: accumulated depreciation (4,314) (4,042)
Net property and equipment 1,541 944
Deferred tax assets 1,110
Goodwill 13,738 1,706
Intangible assets, net 16,014 875
Restricted certificates of deposit 175 175
Other assets 26 28
Total assets 62,493 42,844
Current liabilities:    
Accounts payable 2,032 1,368
Accrued wages and benefits 2,781 1,588
Accrued rent 521 572
Accrued professional fees 717 419
Accrued sales commissions 529 287
Customer deposits and deferred revenue 886 74
Domestic and foreign income taxes payable 1,199 575
Earnout payable 5,355
Other current liabilities 399 173
Total current liabilities 14,419 5,056
Federal transition tax payable, net of current portion 436
Deferred tax liabilities 2,606
Contingent consideration liability, net of current portion 5,744
Total liabilities 23,205 5,056
Commitments and Contingencies (Notes 10 and 12)
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; 10,427,435 and 10,394,018 shares issued, respectively 104 104
Addtional paid-in capital 25,860 25,578
Retained earnings 12,646 11,671
Accumulated other comprehensive earnings 882 639
Treasury stock, at cost; 33,077 and 33,077 shares, respectively (204) (204)
Total stockholders' equity 39,288 37,788
Total liabilities and stockholders' equity $ 62,493 $ 42,844