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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 5,448 $ 3,550
Contract receivables, net 10,421 11,257
Prepaid expenses and other current assets 4,299 5,262
Total current assets 20,168 20,069
Equipment, software and leasehold improvements, net 850 839
Software development costs, net 555 532
Goodwill 13,339 13,339
Intangible assets, net 2,760 3,020
Restricted cash - long term 1,583 0
Operating lease right-of-use assets, net 1,047 1,200
Other assets 52 52
Total assets 40,354 39,051
Current liabilities:    
Line of credit 0 1,817
Current portion of long-term note 830 0
Accounts payable 1,133 1,179
Accrued expenses 1,474 1,358
Accrued compensation 2,235 1,452
Billings in excess of revenue earned 5,180 5,029
Accrued warranty 682 667
Income taxes payable 1,781 1,654
Derivative liabilities 1,611 0
Other current liabilities 1,625 1,883
Total current liabilities 16,551 15,039
Long-term note, less current portion 2,955 0
Operating lease liabilities noncurrent 502 790
Other noncurrent liabilities 283 179
Total liabilities 20,291 16,008
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, 22,609,043 and 22,533,005 shares issued, 21,010,132 and 20,934,094 shares outstanding, respectively 226 225
Additional paid-in capital 80,777 80,505
Accumulated deficit (58,018) (54,584)
Accumulated other comprehensive income (loss) 77 (104)
Treasury stock at cost, 1,598,911 shares (2,999) (2,999)
Total stockholders' equity 20,063 23,043
Total liabilities and stockholders' equity $ 40,354 $ 39,051