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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 8,502 $ 10,797
Accounts receivable, net of allowance for doubtful accounts of $34 (2017) and $15 (2016) 8,225 9,449
Prepaid expenses and other current assets 3,232 3,711
Income tax receivable 2,545 3,314
Deferred subscription solicitation and commission costs 1,655 5,050
Current assets of discontinued operations and assets held for sale 0 575
Total current assets 24,159 32,896
PROPERTY AND EQUIPMENT, net 11,040 10,611
GOODWILL 9,763 9,763
INTANGIBLE ASSETS, net 58 210
OTHER ASSETS 1,459 862
TOTAL ASSETS 46,479 54,342
CURRENT LIABILITIES:    
Accounts payable 3,498 2,000
Accrued expenses and other current liabilities 8,533 10,978
Accrued payroll and employee benefits 1,501 4,128
Commissions payable 141 99
Current portion of long-term debt, net 0 2,146
Capital leases, current portion 423 471
Deferred revenue 7,759 11,430
Current liabilities of discontinued operations and liabilities held for sale 0 858
Total current liabilities 21,855 32,110
LONG-TERM DEBT, net 20,736 10,092
OBLIGATIONS UNDER CAPITAL LEASES, less current portion 392 865
OTHER LONG-TERM LIABILITIES 2,895 3,436
DEFERRED TAX LIABILITY, net 7 1,905
TOTAL LIABILITIES 45,885 48,408
COMMITMENTS AND CONTINGENCIES (see Notes 15 and 16)
STOCKHOLDERS’ EQUITY:    
Common stock at $0.01 par value, shares authorized 50,000; shares issued 28,194 (2017) and 27,303 (2016); shares outstanding 24,102 (2017) and 23,733 (2016) 282 273
Additional paid-in capital 150,305 142,247
Warrants 2,840 0
Treasury stock, shares at cost; 4,092 (2017) and 3,570 (2016) (35,745) (33,822)
Accumulated deficit (117,088) (102,764)
TOTAL STOCKHOLDERS’ EQUITY 594 5,934
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 46,479 $ 54,342