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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 15,407 $ 14,238
Receivables, net 4,863 3,460
Prepaid expenses 4,582 4,449
Other current assets 235 236
Total current assets 25,087 22,383
Equipment and leasehold improvements, net 8,523 4,657
Goodwill 972 972
Intangibles, net 3,353 571
Other long-term assets 2,467 3,495
Total assets 40,402 32,078
Current Liabilities:    
Accounts payable 1,223 1,183
Accrued compensation and related costs 2,761 2,241
Unearned revenue 6,378 7,859
Capital leases 1,819 1,637
Other current liabilities 1,796 2,549
Total current liabilities 13,977 15,469
Long-term unearned revenue 1,597 2,532
Long-term capital leases 1,614 1,176
Other long-term liabilities 5,689 282
Total liabilities 22,877 19,459
Series B convertible preferred stock, $0.01 par value; 5,000,000 shares authorized and designated; 1,644,768 and 1,648,185 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively, with a liquidation preference of $10,443 and $9,877 at December 31, 2015 and December 31, 2014, respectively $ 8,388 $ 8,406
Stockholders’ Equity:    
Preferred stock, $0.01 par value; 35,000,000 shares authorized; none issued and outstanding
Common stock, $0.01 par value; 50,000,000 shares authorized; 27,636,853 and 24,046,977 shares issued at December 31, 2015 and December 31, 2014, respectively; and 25,849,876 and 22,324,093 outstanding at December 31, 2015 and December 31, 2014, respectively $ 276 $ 240
Additional paid-in capital 264,212 243,282
Accumulated deficit (242,085) (226,404)
Treasury stock, at cost, 1,786,977 and 1,722,884 shares at December 31, 2015 and December 31, 2014, respectively (9,239) (8,879)
Accumulated other comprehensive loss (4,027) (4,026)
Total stockholders’ equity 9,137 4,213
Total liabilities and stockholders’ equity $ 40,402 $ 32,078