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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 11,763 $ 19,111
Restricted cash 647 960
Contract receivables, net 18,757 13,997
Prepaid expenses and other current assets 2,680 2,795
Total current assets 33,847 36,863
Equipment, software, and leasehold improvements 5,102 4,782
Accumulated depreciation (3,828) (3,719)
Equipment, software, and leasehold improvements, net 1,274 1,063
Software development costs, net 677 690
Goodwill 8,431 8,431
Intangible assets, net 2,456 2,604
Deferred tax assets 6,336 7,167
Other assets 37 37
Total assets 53,058 56,855
Current liabilities:    
Accounts payable 557 1,251
Accrued expenses 3,523 2,276
Accrued compensation 2,975 2,866
Billings in excess of revenue earned 12,592 14,543
Accrued warranty 1,186 1,433
Current contingent consideration 0 1,701
Other current liabilities 1,410 1,182
Total current liabilities 22,243 25,252
Other liabilities 1,453 1,931
Total liabilities 23,696 27,183
Commitments and contingencies
Stockholders' equity:    
Preferred stock $.01 par value, 2,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock $0.01 par value, 30,000,000 shares authorized, 21,215,884 and 21,024,395 shares issued and 19,616,973 and 19,425,484 shares outstanding in 2018 and 2017 212 210
Additional paid-in capital 77,376 76,802
Accumulated deficit (43,711) (42,870)
Accumulated other comprehensive loss (1,516) (1,471)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total stockholders' equity 29,362 29,672
Total liabilities and stockholders' equity $ 53,058 $ 56,855