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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 24,544 $ 29,244
Accounts receivable, net 18,264 5,547
Other current assets 3,270 2,046
Total current assets 46,078 36,837
Investments 6,252 6,355
Property and equipment, at cost less accumulated depreciation 12,456 10,371
Other long-term assets 4,901 4,585
Total assets 69,687 58,148
Current liabilities:    
Accounts payable 4,173 2,763
Deferred revenue, current portion 1,031 2,263
Accrued payroll 3,370 2,145
Accrued expenses 638 404
Income tax payable 4,004 1,004
Other current liabilities 2,367 2,274
Total current liabilities 15,583 10,853
Noncurrent liabilities:    
Deferred revenue, net of current portion 316 164
Deferred tax liability 556 549
Long-term lease obligation 3,009 2,708
Total noncurrent liabilities 3,881 3,421
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized shares - 20,000,000; Issued shares – 9,001,311 at March 31, 2022 and December 31, 2021; Outstanding shares – 8,618,951 and 8,689,815 at March 31, 2022 and December 31, 2021, respectively 90 90
Additional paid-in capital 16,271 16,261
Treasury stock, 382,360 and 311,496 shares at March 31, 2022 and December 31, 2021, respectively, at cost (13,659) (11,327)
Accumulated other comprehensive loss (193) (194)
Accumulated income 47,714 39,044
Total stockholders’ equity 50,223 43,874
Total liabilities and stockholders’ equity $ 69,687 $ 58,148