XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 19,111 $ 21,747
Restricted cash 960 1,140
Contract receivables, net 13,997 18,863
Prepaid expenses and other current assets 2,795 2,052
Total current assets 36,863 43,802
Equipment, software, and leasehold improvements 4,782 6,759
Accumulated depreciation (3,719) (5,527)
Equipment, software, and leasehold improvements, net 1,063 1,232
Software development costs, net 690 982
Goodwill 8,431 5,612
Intangible assets, net 2,604 454
Deferred Tax Assets, Net, Noncurrent 7,167 0
Other assets 37 1,574
Total assets 56,855 53,656
Current liabilities    
Accounts payable 1,251 923
Accrued expenses 2,276 2,437
Accrued compensation 2,866 2,624
Billings in excess of revenue earned 14,543 21,444
Accrued warranty 1,433 1,137
Current contingent consideration 1,701 2,105
Other current liabilities 1,182 716
Total current liabilities 25,252 31,386
Other liabilities 1,931 1,149
Total liabilities 27,183 32,535
Commitments and contingencies
Stockholder's equity    
Preferred stock $.01 par value, 2,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock $.01 par value, 30,000,000 shares authorized, 21,024,395 and 20,433,608 shares issued and 19,425,484 and 18,834,697 shares outstanding in 2017 and 2016 210 204
Additional paid-in capital 76,802 75,120
Accumulated deficit (42,870) (49,427)
Accumulated other comprehensive loss (1,471) (1,777)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total stockholders' equity 29,672 21,121
Total liabilities and stockholders' equity $ 56,855 $ 53,656