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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 4,043 $ 6,702
Contract receivables, net 12,529 10,494
Prepaid expenses and other current assets 4,781 1,554
Total current assets 21,353 18,750
Equipment, software and leasehold improvements, net 792 616
Software development costs, net 575 630
Goodwill 13,339 13,339
Intangible assets, net 3,305 4,234
Operating lease right-of-use assets, net 1,161 1,562
Other assets 58 59
Total assets 40,583 39,190
Current liabilities:    
Line of credit 2,067 3,006
PPP Loan, current portion 0 5,034
Accounts payable 1,210 570
Accrued expenses 1,306 1,297
Accrued compensation 2,214 1,505
Billings in excess of revenue earned 4,461 5,285
Accrued warranty 560 665
Income taxes payable 1,597 1,621
Other current liabilities 1,202 2,498
Total current liabilities 14,617 21,481
PPP Loan, noncurrent portion 0 5,034
Operating lease liabilities noncurrent 1,036 1,831
Other noncurrent liabilities 256 339
Total liabilities 15,909 28,685
Commitments and contingencies (Note 16)
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, 22,499,136 and 22,192,569 shares issued, 20,900,225 and 20,593,658 shares outstanding, respectively 225 222
Additional paid-in capital 80,280 79,687
Accumulated deficit (52,727) (65,191)
Accumulated other comprehensive loss (105) (1,214)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total stockholders' equity 24,674 10,505
Total liabilities and stockholders' equity $ 40,583 $ 39,190