XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 9,831 $ 19,111
Restricted cash 9 960
Contract receivables, net 19,238 13,997
Prepaid expenses and other current assets 1,624 2,795
Total current assets 30,702 36,863
Equipment, software, and leasehold improvements 5,290 4,782
Accumulated depreciation (4,125) (3,719)
Equipment, software, and leasehold improvements, net 1,165 1,063
Software development costs, net 662 690
Goodwill 12,185 8,431
Intangible assets, net 6,597 2,604
Deferred tax assets 6,203 6,494
Other assets 37 37
Total assets 57,551 56,182
Current liabilities:    
Current portion of long-term debt, net of debt issuance costs and original issue discount 1,901 0
Accounts payable 1,096 1,251
Accrued expenses 2,324 2,276
Accrued compensation 3,532 2,866
Billings in excess of revenue earned 7,810 14,543
Accrued warranty 1,105 1,433
Contingent consideration 0 1,701
Other current liabilities 1,035 1,182
Total current liabilities 18,803 25,252
Long-term debt, less current portion, net of debt issuance costs and original issue discount 7,089 0
Other liabilities 1,545 1,258
Total liabilities 27,437 26,510
Commitments and contingencies
Stockholders' equity:    
Preferred stock $0.01 par value, 2,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock $0.01 par value; 60,000,000 shares authorized, 21,432,014 shares issued, 19,833,103 shares outstanding as of September 30, 2018; 30,000,000 shares authorized, 21,024,395 shares issued, 19,425,484 shares outstanding as of December 31, 2017 214 210
Additional paid-in capital 77,876 76,802
Accumulated deficit (43,248) (42,870)
Accumulated other comprehensive loss (1,729) (1,471)
Treasury stock at cost, 1,598,911 shares in 2018 and 2017 (2,999) (2,999)
Total stockholders' equity 30,114 29,672
Total liabilities and stockholders' equity $ 57,551 $ 56,182