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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Sep. 30, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 13,735 $ 30,451
Accounts receivable, net of allowance for doubtful accounts of $93 and $60 as of September 30, 2018 and September 30, 2017, respectively 9,802 7,306
Unbilled accounts receivable 2,805  
Prepaid expenses and other current assets 2,131 2,789
Total current assets 28,473 40,546
Property and equipment, net 1,047 1,064
Acquired intellectual property, net 3,743 887
Other intangible assets, net 4,775 969
Goodwill and indefinite-lived intangible assets 21,518 6,685
Deferred tax asset, net 36  
Other long-term assets 2,092 254
Total assets 61,684 50,405
CURRENT LIABILITIES:    
Current portion of debt, net 2,044  
Accounts payable 2,074 2,360
Accrued expenses 3,044 3,521
Deferred revenue 18,191 11,303
Total current liabilities 25,353 17,184
LONG-TERM LIABILITIES:    
Long-term debt, net 6,440  
Deferred revenue, long-term 2,078 302
Deferred tax liability 848  
Other long-term liabilities 448 390
Total long-term liabilities 9,814 692
Total liabilities 35,167 17,876
COMMITMENTS AND CONTINGENCIES (Note 7)
SHAREHOLDERS' EQUITY:    
Common stock, par value $0.01; authorized: 20,000,000 shares; issued and outstanding: 12,750,993 shares and 12,736,747 shares, respectively, as of September 30, 2018 and 12,272,704 shares and 12,258,458 shares, respectively, as of September 30, 2017 128 123
Additional paid-in capital 148,582 145,262
Accumulated deficit (120,068) (110,816)
Accumulated other comprehensive loss (1,985) (1,900)
Shareholders' equity before treasury stock 26,657 32,669
Less treasury stock, at cost, 14,246 shares (140) (140)
Total shareholders' equity 26,517 32,529
Total liabilities and shareholders' equity $ 61,684 $ 50,405