XML 17 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 848 $ 2,568
Accounts receivable, net of allowance for uncollectible accounts of $313 in 2015 and $260 in 2014 16,394 10,677
Unbilled receivables 2,796 4,549
Prepaid and other current assets 587 652
Prepaid income taxes   274
Deferred income taxes 217 120
Total current assets 20,842 18,840
Equipment, enterprise software, and leasehold improvements, at cost:    
Equipment 1,142 1,022
Enterprise software 645 629
Leasehold improvements 342 320
Total equipment, enterprise software, and leasehold improvements 2,129 1,971
Less - accumulated depreciation and amortization (1,473) (1,270)
Net equipment, enterprise software, and leasehold improvements 656 701
Deferred income taxes 92 188
Deferred financing costs, net 97 51
Non-current deposits 237 264
Goodwill 8,427 0
Intangible assets, net 8,126  
Total assets 38,477 20,044
Current liabilities:    
Current portion of long-term debt 1,800  
Accounts payable 2,213 1,514
Accrued payroll and related costs 5,965 5,012
Accrued income taxes 1,014  
Other accrued liabilities 603 531
Deferred revenue 341 119
Total current liabilities 11,936 7,176
Long-term liabilities:    
Long-term debt, less current portion 10,738  
Total liabilities $ 22,674 $ 7,176
Commitments and contingent liabilities (Note 7)
Shareholders' equity:    
Preferred Stock, no par value; 20,000,000 shares authorized; none outstanding
Common Stock, par value $.01; 125,000,000 shares authorized and 5,169,143 shares issued as of December 31, 2015 and 5,099,184 shares issued as of December 31, 2014 $ 52 $ 51
Additional paid-in-capital 13,114 12,733
Retained earnings 6,777 4,024
Accumulated other comprehensive loss (19) (25)
Treasury stock, at cost; 816,638 shares as of December 31, 2015 and 794,289 as of December 31, 2014 (4,121) (3,915)
Total shareholders' equity 15,803 12,868
Total liabilities and shareholders' equity $ 38,477 $ 20,044