Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 5,978 $ 10,966
Accounts receivable—net of allowance of $605 and $585 13,493 20,532
Prepaid expenses and other current assets 3,977 2,989
Total current assets 23,448 34,487
PROPERTY AND EQUIPMENT, net 12,670 14,948
OPERATING LEASE RIGHT-OF-USE ASSETS, net 4,187 4,765
GOODWILL 15,940 15,948
INTANGIBLE ASSETS, net 7,340 8,411
OTHER ASSETS 933 1,319
Total assets 64,518 79,878
CURRENT LIABILITIES:    
Accounts payable 10,472 12,583
Accrued expenses and other current liabilities 3,413 5,878
Current portion of deferred revenue 5,349 6,509
Current portion of long-term debt and finance leases 1,027 2,529
Current portion of operating lease liabilities 2,179 2,165
Total current liabilities 22,440 29,664
LONG-TERM PORTION OF DEBT AND FINANCE LEASES 815 729
LONG-TERM PORTION OF OPERATING LEASE LIABILITIES 2,151 2,846
DEFERRED REVENUE 1,907 2,366
DEFERRED INCOME TAXES 334 275
OTHER LONG-TERM LIABILITIES 348 334
Total liabilities 27,995 36,214
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock – par value $0.01 per share; authorized 10,000,000 shares; none issued 0 0
Common stock – par value $0.01 per share; authorized 100,000,000 shares; 40,353,854 shares issued and 39,449,319 shares outstanding at June 30, 2020 and 40,075,475 shares issued and 39,201,477 shares outstanding at December 31, 2019 404 401
Treasury stock – at cost, 904,535 shares at June 30, 2020 and 873,998 shares at December 31, 2019 (1,971) (1,931)
Additional paid-in capital 147,233 146,460
Accumulated deficit (108,454) (100,747)
Accumulated other comprehensive loss (689) (519)
Total stockholders’ equity 36,523 43,664
Total liabilities and stockholders’ equity $ 64,518 $ 79,878