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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 6,702 $ 11,691
Contract receivables, net 10,494 17,207
Prepaid expenses and other current assets 1,554 1,880
Total current assets 18,750 30,778
Equipment, software and leasehold improvements, net 616 939
Software development costs, net 630 641
Goodwill 13,339 13,339
Intangible assets, net 4,234 10,479
Deferred tax assets 0 57
Operating lease right-of-use assets, net 1,562 2,215
Other assets 59 61
Total assets 39,190 58,509
Current liabilities    
Line of credit 3,006 0
Paycheck Protection Program Loan, current portion 5,034 0
Debt, net of issuance costs and discount 0 18,481
Accounts payable 570 1,097
Accrued expenses 1,297 1,871
Accrued compensation 1,505 1,876
Billings in excess of revenue earned 5,285 7,613
Accrued warranty 665 921
Income taxes payable 1,621 1,341
Other current liabilities 2,498 1,234
Total current liabilities 21,481 34,434
Paycheck Protection Program Loan, noncurrent portion 5,034 0
Operating lease liabilities noncurrent 1,831 3,000
Other noncurrent liabilities 339 956
Total liabilities 28,685 38,390
Commitments and contingencies (Note 16)
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, 22,192,569 and 21,838,963 shares issued, 20,593,658 and 20,240,052 shares outstanding, respectively 222 218
Additional paid-in capital 79,687 79,400
Accumulated deficit (65,191) (54,654)
Accumulated other comprehensive loss (1,214) (1,846)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total stockholders' equity 10,505 20,119
Total liabilities and stockholders' equity $ 39,190 $ 58,509