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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 32,316 $ 26,415
Accounts receivable, net 8,136 8,759
Notes and interest receivable 1,063
Other current assets 1,058 905
Total current assets 42,573 36,079
Investments 2,155 3,081
Notes and interest receivable, net of current portion 1,543 1,795
Property and equipment, at cost less accumulated depreciation 4,253 2,177
Other long-term assets 3,497 1,108
Total assets 54,021 44,240
Current liabilities:    
Accounts payable 431 403
Deferred revenue, current portion 4,801 689
Accrued payroll 1,649 2,503
Accrued expenses 238 153
Income tax payable 1,965 1,100
Other current liabilities 1,728 1,345
Total current liabilities 10,812 6,193
Noncurrent liabilities:    
Deferred revenue, net of current portion 9 23
Deferred tax liability 275 275
Long-term lease obligation 2,312 460
Total noncurrent liabilities 2,596 758
Intelligent Systems Corporation stockholders’ equity:    
Common stock, $0.01 par value, 20,000,000 shares authorized, 8,924,988 issued and outstanding at June 30, 2020 and December 31, 2019, respectively 89 89
Additional paid-in capital 15,573 15,450
Accumulated other comprehensive loss (140) (94)
Accumulated income 25,091 21,844
Total Intelligent Systems Corporation stockholders’ equity 40,613 37,289
Total liabilities and stockholders’ equity $ 54,021 $ 44,240