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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 12,441 $ 11,776
Accounts receivable, net of allowance for doubtful accounts of $20 and $40 as of September 30, 2020 and December 31, 2019, respectively 2,920 3,543
Prepaid expenses and other current assets 616 722
Total current assets 15,977 16,041
Property and equipment, net 555 660
Intangible assets, net 26,977 24,034
Goodwill 5,227 5,227
Right-of-use assets 2,279 2,620
Other noncurrent assets 93 289
Total assets 51,108 48,871
Current liabilities:    
Accounts payable 2,199 2,138
Accrued expenses and other current liabilities 775 1,571
Current portion of operating lease liabilities 536 491
Current portion of long-term loan 1,059  
Deferred revenue 180 128
Total current liabilities 4,749 4,328
Noncurrent operating lease liabilities 2,052 2,459
Long-term loan 1,093  
Total liabilities 7,894 6,787
Shareholders' equity:    
Preferred stock—$0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding, as of September 30, 2020 and December 31, 2019
Common stock—$0.001 par value, 200,000,000 shares authorized, 12,371,665 and 11,657,912 shares issued, 12,146,910 and 11,554,765 shares outstanding, as of September 30, 2020 and December 31, 2019 13 12
Treasury stock, at cost, 224,755 and 103,147 shares as of September 30, 2020 and December 31, 2019 (3,083) (1,255)
Additional paid-in capital 67,082 59,187
Accumulated deficit (20,798) (15,860)
Total shareholders' equity 43,214 42,084
Total liabilities and shareholders' equity $ 51,108 $ 48,871