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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 46,907 $ 27,186
Trade accounts receivable, net of allowance for doubtful accounts of $111 in 2021 and $111 in 2020 10,649 10,027
Inventory, net 2,498 3,144
Prepaid expenses and other current assets 2,188 1,945
Total current assets 62,242 42,302
Property and equipment, net of accumulated depreciation of $6,854 in 2021 and $6,778 in 2020 930 744
Operating lease assets 1,565 1,758
Other assets 1,564 1,527
Intangible assets, net of accumulated amortization of $8,552 in 2021 and $8,494 in 2020 831 889
Goodwill 8,362 8,362
Total assets 75,494 55,582
Current liabilities:    
Accounts payable 1,251 2,869
Accrued and other expenses 5,819 7,039
Notes payable - current portion 269 0
Lease payable - current portion 847 726
Deferred revenue 5,957 6,117
Total current liabilities 14,143 16,751
Lease payable, long-term portion 860 1,075
Notes payable, long-term portion 6,703 6,960
Deferred revenue, long-term portion 420 267
Deferred tax 4 4
Total liabilities 22,130 25,057
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.01 par value: authorized 1,000,000 shares; none issued
Common stock, $0.01 par value: authorized 30,000,000 shares; issued 25,143,432 as of March 31, 2021 and 23,693,735 as of December 31, 2020 Outstanding 24,957,601 as of March 31, 2021 and 23,508,575 as of December 31, 2020 251 236
Additional paid-in capital 298,106 273,639
Accumulated deficit (243,578) (241,935)
Treasury stock at cost, 185,831 shares in 2021 and 2020 (1,415) (1,415)
Total stockholders' equity 53,364 30,525
Total liabilities and stockholders' equity $ 75,494 $ 55,582