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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 8,437 $ 8,502
Accounts receivable, net of allowance for doubtful accounts of $35 (2018) and $34 (2017) 6,006 8,225
Contract assets 353 0
Prepaid expenses and other current assets 3,584 3,232
Income tax receivable 1,290 2,545
Deferred subscription solicitation and commission costs 0 1,655
Total current assets 19,670 24,159
PROPERTY AND EQUIPMENT, net 10,591 11,040
GOODWILL 9,763 9,763
INTANGIBLE ASSETS, net 249 58
CONTRACT COSTS 419 0
OTHER ASSETS 1,378 1,459
TOTAL ASSETS 42,070 46,479
CURRENT LIABILITIES:    
Accounts payable 2,417 3,498
Accrued expenses and other current liabilities 9,223 8,533
Accrued payroll and employee benefits 487 1,501
Commissions payable 416 141
Capital leases, current portion 332 423
Contract liabilities, current 5,307 7,759
Total current liabilities 18,182 21,855
LONG-TERM DEBT, net 20,790 20,736
OBLIGATIONS UNDER CAPITAL LEASES, non-current 334 392
OTHER LONG-TERM LIABILITIES 2,076 2,895
DEFERRED TAX LIABILITY, net 7 7
TOTAL LIABILITIES 41,389 45,885
COMMITMENTS AND CONTINGENCIES (see Notes 14 and 16)
STOCKHOLDERS’ EQUITY:    
Common stock at $0.01 par value, shares authorized 50,000; shares issued 28,371 (2018) and 28,194 (2017); shares outstanding 24,264 (2018) and 24,102 (2017) 284 282
Additional paid-in capital 150,184 150,305
Warrants 2,840 2,840
Treasury stock, shares at cost; 4,107 (2018) and 4,092 (2017) (35,781) (35,745)
Accumulated deficit (116,846) (117,088)
TOTAL STOCKHOLDERS’ EQUITY 681 594
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 42,070 $ 46,479