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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,749 $ 6,702
Contract receivables, net 11,749 10,494
Prepaid expenses and other current assets 1,478 1,554
Total current assets 16,976 18,750
Equipment, software and leasehold improvements, net of accumulated depreciation of $4,891 and $4,816 694 616
Software development costs, net 605 630
Goodwill 13,339 13,339
Intangible assets, net 3,893 4,234
Operating lease right-of-use assets, net 1,413 1,562
Other assets 59 59
Total assets 36,979 39,190
Current liabilities:    
Line of credit 2,506 3,006
PPP Loan, current portion 8,832 5,034
Accounts payable 739 570
Accrued expenses 1,462 1,297
Accrued compensation 2,257 1,505
Billings-in-excess of revenue earned 4,947 5,285
Accrued warranty 587 665
Income taxes payable 1,549 1,621
Other current liabilities 1,596 2,498
Total current liabilities 24,475 21,481
PPP Loan, noncurrent portion 1,260 5,034
Operating lease liabilities noncurrent 1,565 1,831
Other noncurrent liabilities 263 339
Total liabilities 27,563 28,685
Commitments and contingencies (Note 16)
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; 60,000,000 shares authorized, 22,233,283 and 22,192,569 shares issued, 23,832,194 and 20,593,658 shares outstanding, respectively 222 222
Additional paid-in capital 79,697 79,687
Accumulated deficit (67,396) (65,191)
Accumulated other comprehensive loss (108) (1,214)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total stockholders' equity 9,416 10,505
Total liabilities and stockholders' equity $ 36,979 $ 39,190