XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 9,468 $ 14,312
Short-term investments 17,828 18,888
Accounts receivable, net of allowance for doubtful accounts of $50 at June 30, 2017 and December 31, 2016 17,949 21,579
Prepaid expenses and other current assets 1,196 878
Contract assets 636  
Total current assets 47,077 55,657
Equipment, furniture and leasehold improvements, net 1,077 1,089
Deferred tax assets 6 7
Intangible assets, net 415 464
Goodwill 3,738 3,738
Other non-current assets including contract assets 82 53
Total assets 52,395 61,008
Current liabilities:    
Third-party software fees payable 9,083 14,831
Accounts payable 390 283
Accrued compensation 1,693 2,008
Other accrued expenses 661 714
Deferred rent, current portion 331 321
Deferred revenue 2,287 2,064
Total current liabilities 14,445 20,221
Deferred tax liability   23
Deferred rent 689 854
Deferred revenue 162 1,798
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; 12,591,488 shares issued and outstanding at June 30, 2017 and 12,532,348 shares issued and outstanding at December 31, 2016 136,591 135,660
Accumulated other comprehensive loss (916) (941)
Accumulated deficit (98,576) (96,607)
Total shareholders’ equity 37,099 38,112
Total liabilities and shareholders’ equity $ 52,395 $ 61,008