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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 13,385 $ 13,127
Short-term investments 15,926 13,263
Accounts receivable, net of allowance for doubtful accounts of $36 at September 30, 2015 and $125 at December 31, 2014 15,560 13,626
Deferred tax assets 10 10
Prepaid expenses and other current assets 514 717
Total current assets 45,395 40,743
Equipment, furniture and leasehold improvements, net 1,236 1,336
Restricted cash 250 250
Deferred tax assets 294 391
Intangible assets, net 628 729
Goodwill 3,738 3,738
Other non-current assets 52 54
Total assets 51,593 47,241
Current liabilities:    
Third-party software fees payable 10,184 12,247
Accounts payable 285 165
Accrued compensation 2,333 2,106
Other accrued expenses 1,320 1,539
Deferred rent, current portion 293 275
Deferred revenue 705 712
Total current liabilities 15,120 17,044
Deferred tax liability 141 144
Deferred rent $ 1,255 $ 1,476
Shareholders’ equity:    
Preferred stock, no par value: 10,000,000 shares authorized; no shares issued and outstanding
Common stock, no par value: 37,500,000 shares authorized; 12,012,358 shares issued and outstanding at September 30, 2015 and 11,767,577 shares issued and outstanding at December 31, 2014 $ 132,601 $ 131,071
Accumulated other comprehensive loss (829) (846)
Accumulated deficit (96,695) (101,648)
Total shareholders’ equity 35,077 28,577
Total liabilities and shareholders’ equity $ 51,593 $ 47,241