XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 10,619 $ 16,443
Short-term investments 16,279 13,280
Accounts receivable, net of allowance for doubtful accounts of $62 at June 30, 2016 and December 31, 2015 19,377 19,009
Prepaid expenses and other current assets 784 580
Total current assets 47,059 49,312
Equipment, furniture and leasehold improvements, net 1,037 1,167
Restricted cash equivalents 250 250
Deferred tax assets 17 145
Intangible assets, net 526 594
Goodwill 3,738 3,738
Other non-current assets 53 52
Total assets 52,680 55,258
Current liabilities:    
Third-party software fees payable 8,403 11,789
Accounts payable 328 188
Accrued compensation 2,093 2,390
Other accrued expenses 1,715 1,277
Deferred rent, current portion 309 298
Deferred revenue 559 1,135
Total current liabilities 13,407 17,077
Deferred tax liability 87 97
Deferred rent 1,020 1,177
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; 12,243,330 shares issued and outstanding at June 30, 2016 and 12,092,598 shares issued and outstanding at December 31, 2015 134,264 133,331
Accumulated other comprehensive loss (858) (869)
Accumulated deficit (95,240) (95,555)
Total shareholders’ equity 38,166 36,907
Total liabilities and shareholders’ equity $ 52,680 $ 55,258