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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 5,245 $ 7,087
Accounts and other receivables, net of an allowance for doubtful accounts and commission adjustments of $4,872 at December 31, 2017 and $4,159 at December 31, 2016 13,225 12,741
Receivables due from related parties 20 18
Inventories, net 2,355 2,395
Deferred commission expense 3,649 1,917
Prepaid expenses and other current assets 993 925
Total current assets 25,487 25,083
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $4,980 at December 31, 2017 and $3,835 at December 31, 2016 4,719 4,021
GOODWILL 17,471 17,280
INTANGIBLES, net 5,254 5,996
OTHER ASSETS, net 3,847 5,001
Total Assets 56,778 57,381
CURRENT LIABILITIES    
Accounts payable 5,423 5,219
Accrued commissions 2,467 2,139
Accrued expenses and other liabilities 5,272 5,275
Sales tax payable 787 718
Income taxes payable 65 30
Deferred revenue - current portion 15,540 7,628
Notes payable and capital lease obligations - current portion 3,674 4,245
Notes payable - related parties - current portion 86 0
Due to related party 390 396
Total current liabilities 33,704 25,650
LONG-TERM LIABILITIES    
Notes payable and capital lease obligations 4,834 4,935
Notes payable - related parties 259 648
Deferred revenue 7,526 11,776
Deferred tax liability 220 112
Other long-term liabilities 1,083 1,349
Total long-term liabilities 13,922 18,820
COMMITMENTS AND CONTINGENCIES (NOTE P)
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value; 1,000,000 shares authorized; nil shares issued and outstanding at December 31, 2017 and 2016 0 0
Common stock, $.001 par value; 250,000,000 shares authorized; 175,741,970 and 173,811,533 shares issued at December 31, 2017 and 2016, respectively; 165,433,883 and 163,503,446 shares outstanding at December 31, 2017 and 2016, respectively 176 174
Additional paid-in capital 63,363 62,856
Accumulated deficit (52,329) (47,790)
Accumulated other comprehensive loss (58) (329)
Treasury stock, at cost, 10,308,087 shares at December 31, 2017 and 2016 (2,000) (2,000)
Total stockholders' equity 9,152 12,911
Total liabilities and stockholders' equity $ 56,778 $ 57,381