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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 28,392 $ 54,361
Trade accounts receivable, less allowance for doubtful accounts of $65 and $94, respectively 15,378 13,728
Prepaid expenses 3,593 3,884
Income taxes receivable 386 752
Other current assets 1,356 982
Total current assets 49,105 73,707
Net property and equipment 15,761 12,391
Intangible assets, net 1,650 1,790
Goodwill 61,614 61,614
Deferred contract costs, net 2,784 3,772
Deferred income taxes 17 14
Operating lease right-of-use assets 661 975
Other 3,391 3,277
Total assets 134,983 157,540
Current liabilities:    
Current portion of notes payable 4,434 4,278
Accounts payable 1,056 1,943
Accrued wages and bonuses 6,023 7,139
Accrued expenses 4,709 5,450
Dividends payable 5,926 3,044
Income taxes payable 310  
Deferred revenue 17,373 17,213
Other current liabilities 1,253 1,321
Total current liabilities 41,084 40,388
Notes payable, net of current portion and unamortized debt issuance costs 18,837 22,269
Deferred income taxes 5,241 7,002
Other long-term liabilities 2,055 2,544
Total liabilities 67,217 72,203
Shareholders’ equity:    
Preferred stock, $0.01 par value, authorized 2,000,000 shares, none issued 0 0
Common stock, $0.001 par value; authorized 110,000,000 shares, issued 30,922,181 in 2022 and 30,898,600 in 2021, outstanding 24,691,246 in 2022 and 25,361,409 in 2021 31 31
Additional paid-in capital 175,162 173,942
Retained earnings (accumulated deficit) (28,870) (36,112)
Accumulated other comprehensive loss, foreign currency translation adjustment (2,608) (2,375)
Treasury stock, at cost; 6,230,935 and 5,537,191 Common shares in 2022 and 2021, respectively (75,949) (50,149)
Total shareholders’ equity 67,766 85,337
Total liabilities and shareholders’ equity $ 134,983 $ 157,540