Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 22,932 $ 14,315
Accounts receivable, net of allowance of $70 and $263, respectively 20,453 27,386
Prepaid expenses and other current assets 6,583 4,862
Total current assets 49,968 46,563
PROPERTY AND EQUIPMENT, net 20,749 14,406
GOODWILL 15,956 15,943
INTANGIBLE ASSETS, net 13,230 14,837
OTHER LONG-TERM ASSETS 802 1,650
Total assets 100,705 93,399
CURRENT LIABILITIES:    
Accounts payable 17,791 18,769
Accrued expenses and other current liabilities 8,126 11,684
Current portion of deferred revenue 11,005 12,149
Current portion of capital lease obligations 2,479 982
Total current liabilities 39,401 43,584
LONG-TERM PORTION OF CAPITAL LEASE OBLIGATIONS 3,981 1,014
DEFERRED REVENUE 2,981 3,917
LONG-TERM DEBT   5,000
OTHER LONG-TERM LIABILITIES 428 235
Total liabilities 46,791 53,750
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock – par value $0.01 per share; authorized 10,000,000 shares; none issued
Common stock – par value $0.01 per share; authorized 100,000,000 shares; 39,451,256 shares issued and 38,635,883 shares outstanding at September 30, 2017 and 31,626,635 shares issued and 30,881,148 shares outstanding at December 31, 2016 395 316
Treasury stock – at cost, 815,373 shares at September 30, 2017 and 745,487 shares at December 31, 2016 (1,664) (1,547)
Additional paid-in capital 141,700 117,747
Accumulated deficit (86,521) (76,850)
Accumulated other comprehensive income (loss) 4 (17)
Total stockholders’ equity 53,914 39,649
Total liabilities and stockholders’ equity $ 100,705 $ 93,399