Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 1,487 $ 3,206
Accounts receivable, net of allowance for doubtful accounts of $570 and $676, respectively 9,171 10,626
Inventory, net 602 1,055
Prepaid assets 772 1,154
Total current assets 12,032 16,041
Property and equipment, net 3,849 4,340
Intangible assets, net 7,332 8,988
Loan origination fees 72 123
Other assets 218 226
Total assets 23,503 29,718
Current liabilities:    
Accounts payable 2,080 3,080
Accrued liabilities 3,497 4,236
Secured line of credit 1,100 400
Loss on long-term contract 92 616
Deferred revenue 7,457 7,507
Total current liabilities 14,226 15,839
Warrant liability 48 96
Deferred revenue – non-current 765 1,519
Deferred tax liabilities 17 18
Deferred rent and other 1,696 1,917
Total liabilities 16,752 19,389
Stockholders’ equity:    
Common stock, $.0001 par value, (250,000,000 shares authorized; 37,182,041 shares issued; 36,882,041 shares outstanding, at September 30, 2016 and December 31, 2015) 4 4
Additional paid-in capital 108,994 108,237
Accumulated comprehensive income (loss) (727) (196)
Retained earnings (accumulated deficit) (101,040) (97,236)
Treasury stock, at cost (300,000 shares) (480) (480)
Total stockholders’ equity 6,751 10,329
Total liabilities and stockholders’ equity $ 23,503 $ 29,718