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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 12,346 $ 16,443
Short-term investments 19,231 13,280
Accounts receivable, net of allowance for doubtful accounts of $50 at September 30, 2016 and $62 December 31, 2015 19,808 19,009
Prepaid expenses and other current assets 459 580
Total current assets 51,844 49,312
Equipment, furniture and leasehold improvements, net 1,194 1,167
Restricted cash equivalents   250
Deferred tax assets 32 145
Intangible assets, net 493 594
Goodwill 3,738 3,738
Other non-current assets 54 52
Total assets 57,355 55,258
Current liabilities:    
Third-party software fees payable 11,068 11,789
Accounts payable 284 188
Accrued compensation 1,924 2,390
Other accrued expenses 741 1,277
Deferred rent, current portion 315 298
Deferred revenue 1,170 1,135
Total current liabilities 15,502 17,077
Deferred tax liability 85 97
Deferred rent 937 1,177
Deferred revenue 2,041  
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; 12,415,775 shares issued and outstanding at September 30, 2016 and 12,092,598 shares issued and outstanding at December 31, 2015 135,043 133,331
Accumulated other comprehensive loss (907) (869)
Accumulated deficit (95,346) (95,555)
Total shareholders’ equity 38,790 36,907
Total liabilities and shareholders’ equity $ 57,355 $ 55,258