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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 1,307 $ 1,247
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 2,023 2,022
Amortization of intangible assets 2,618 3,009
Deferred tax expense from stock issuances 972 172
Write-off of deferred financing costs 167  
Amortization of deferred financing costs 313 460
Stock-based compensation 6,544 7,150
Provisions for accounts receivable 599 738
Deferred tax (benefit) provision (984) 68
Loss on disposal of fixed assets   4
Changes in operating assets and liabilities:    
Accounts receivable and contract assets 10,764 (8,090)
Prepaid expense and other assets 2,134 1,008
Accounts payable 323 189
Contract liabilities (669) (2,184)
Accrued expenses 11,196 9
Net cash provided by operating activities 37,307 5,802
Cash flows from investing activities    
Purchase of furniture, fixtures and equipment (795) (1,115)
Neuralify acquisition (Note 4) (2,282)  
Net cash used in investing activities (3,077) (1,115)
Cash flows from financing activities    
Principal payments on borrowings, net (7,013) (2,688)
Payment of contingent consideration   (865)
Proceeds from issuance of employee stock purchase plan shares 399 575
Debt financing costs (934)  
Payments related to tax withholding for stock-based compensation (1,909) (2,732)
Treasury shares repurchased (5,052) (2,976)
Net cash used in financing activities (14,509) (8,686)
Effect of exchange rate changes on cash 270 (433)
Net increase (decrease) in cash, cash equivalents, and restricted cash 19,991 (4,432)
Cash, cash equivalents, and restricted cash, beginning of period 18,241 18,725
Cash, cash equivalents, and restricted cash, end of period 38,232 14,293
Non-cash investing and financing activities:    
Issuance of treasury stock for vested restricted stock awards $ 6,305 $ 847