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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 11,084 $ 13,583
Restricted cash 1,771 613
Contract receivables, net 13,053 15,768
Prepaid expenses and other current assets 2,506 1,994
Total current assets 28,414 31,958
Equipment, software and leasehold improvements 7,003 7,055
Accumulated depreciation 5,407 5,229
Equipment, software and leasehold improvements, net 1,596 1,826
Software development costs, net 1,145 1,414
Goodwill 5,612 5,612
Intangible assets, net 775 1,279
Long-term restricted cash 1,779 3,591
Other assets 50 548
Total assets 39,371 46,228
Current liabilities    
Long-term Line of Credit 0 339
Accounts payable 1,238 2,330
Accrued expenses 1,723 1,554
Accrued compensation and payroll taxes 2,431 2,595
Billings in excess of revenue earned 9,229 9,915
Accrued warranty 1,614 1,456
Current contingent consideration 2,647 2,842
Other current liabilities 826 473
Total current liabilities 19,708 21,504
Contingent consideration 1,085 1,948
Other liabilities 210 38
Total liabilities 21,003 23,490
Stockholder's equity    
Preferred stock $.01 par value, 2,000,000 shares authorized, no shares issued or outstanding at December 31, 2015 and 2014 0 0
Common stock $.01 par value, 30,000,000 shares authorized, 19,510,770 shares issued and 17,911,859 shares outstanding at December 31, 2015, 19,486,770 shares issued and 17,887,859 shares outstanding at December 31, 2014 195 195
Additional paid-in capital 73,481 72,917
Accumulated deficit (50,849) (46,144)
Accumulated other comprehensive loss (1,460) (1,231)
Treasury stock at cost, 1,598,911 shares in 2015 and 2014 2,999 2,999
Total stockholders' equity 18,368 22,738
Total liabilities and stockholders' equity $ 39,371 $ 46,228