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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 12,767 $ 1,158
Accounts and note receivable, net of allowance for doubtful accounts of $338 and $145 at December 31, 2016 and December 31, 2015, respectively 8,108 4,671
Inventory 487 784
Prepaid expenses and other current assets 1,256 1,072
Total current assets before funds held for clients 22,618 7,685
Funds held for clients 22,981 0
Total current assets 45,599 7,685
Property and equipment, net 1,878 2,212
Goodwill 26,259 17,436
Intangible assets, net 12,048 6,026
Other assets 39 458
Total assets 85,823 33,817
Current liabilities:    
Current portion of notes payable 5,455 1,031
Accounts payable 1,576 2,670
Accrued compensation and benefits 1,192 715
Other accrued liabilities 936 713
Deferred revenue 9,252 10,803
Total current liabilities before client fund obligations 18,411 15,932
Client fund obligations 22,981 0
Total current liabilities 41,392 15,932
Long-term liabilities:    
Deferred revenue 769 947
Notes payable, net of current portion and debt issuance cost 24,581 12,262
Other liabilities 835 958
Total long-term liabilities 26,185 14,167
Total liabilities 67,577 30,099
Stockholders’ equity:    
Preferred stock, $.01 par value; 1,500 shares authorized; none issued or outstanding 0 0
Common stock, $.01 par value; 11,000 shares authorized; 8,901 and 6,674 shares issued, 8,517 and 6,290 shares outstanding at December 31, 2016 and December 31, 2015, respectively 89 67
Treasury stock at cost, 384 shares at December 31, 2016 and December 31, 2015 (5,017) (5,017)
Additional paid-in capital 295,044 279,649
Accumulated deficit (271,875) (270,903)
Accumulated other comprehensive income (loss) 5 (78)
Total stockholders’ equity 18,246 3,718
Total liabilities and stockholders’ equity $ 85,823 $ 33,817