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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 12,123 $ 19,111
Restricted cash 0 960
Contract receivables, net 21,077 13,997
Prepaid expenses and other current assets 1,800 2,795
Total current assets 35,000 36,863
Equipment, software, and leasehold improvements 5,293 4,782
Accumulated depreciation (4,228) (3,719)
Equipment, software, and leasehold improvements, net 1,065 1,063
Software development costs, net 615 690
Goodwill 13,170 8,431
Intangible assets, net 6,080 2,604
Deferred tax assets 5,461 6,494
Other assets 49 37
Total assets 61,440 56,182
Current liabilities    
Current portion of long-term debt, net of debt issuance costs and original issue discount 1,902 0
Accounts payable 1,307 1,251
Accrued expenses 2,646 2,276
Accrued compensation 3,649 2,866
Billings in excess of revenue earned 10,609 14,543
Accrued warranty 981 1,433
Current contingent consideration 0 1,701
Income taxes payable 1,176 1,113
Other current liabilities 60 69
Total current liabilities 22,330 25,252
Long-term debt, less current portion, net of debt issuance costs and original issue discount 6,610 0
Other liabilities 1,371 1,258
Total liabilities 30,311 26,510
Commitments and contingencies (FN16)
Stockholder's 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, 21,485,445 shares issued, 19,886,534 shares outstanding as of December 31, 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 78,118 76,802
Accumulated deficit (42,569) (42,870)
Accumulated other comprehensive loss (1,635) (1,471)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total stockholders' equity 31,129 29,672
Total liabilities and stockholders' equity $ 61,440 $ 56,182