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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,981 $ 1,294
Accounts receivable, net of allowance for uncollectible accounts of $338 in 2019 and $408 in 2018 22,345 28,913
Unbilled receivables 10,007 9,167
Prepaid and other current assets 1,597 1,321
Total current assets 36,930 40,695
Equipment, enterprise software, and leasehold improvements, at cost:    
Equipment 1,871 1,538
Enterprise software 2,728 2,096
Leasehold improvements 496 464
Total equipment, enterprise software, and leasehold improvements 5,095 4,098
Less – accumulated depreciation and amortization (2,619) (1,890)
Net equipment, enterprise software, and leasehold improvements 2,476 2,208
Operating lease right-of-use assets 4,617  
Deferred income taxes   297
Non-current deposits 405 540
Goodwill, net of impairment 26,106 26,106
Intangible assets, net 20,050 22,738
Total assets 90,584 92,584
Current liabilities:    
Current portion of long-term debt 4,575 4,575
Accounts payable 4,027 4,127
Accrued payroll and related costs 7,902 7,728
Current portion of operating lease liability 1,396  
Other accrued liabilities 954 1,218
Deferred revenue 237 258
Total current liabilities 19,091 17,906
Long-term liabilities:    
Long-term debt, less current portion, net 20,682 34,129
Contingent consideration liability   6,069
Long-term operating lease liability, less current portion 3,321  
Long-term accrued income taxes 185 204
Long-term deferred income taxes 1,025  
Total liabilities 44,304 58,308
Commitments and contingent liabilities (Note 8)
Shareholders' equity:    
Preferred Stock, no par value; 20,000,000 shares authorized; none outstanding
Common Stock, par value $.01; 250,000,000 shares authorized and 12,700,660 shares issued as of December 31, 2019 and 12,636,332 shares issued as of December 31, 2018 127 126
Additional paid-in-capital 21,939 20,829
Retained earnings 28,759 17,614
Accumulated other comprehensive income (loss) (358) (119)
Treasury stock, at cost; 1,646,420 shares as of December 31, 2019 and 1,643,846 shares as of December 31, 2018 (4,187) (4,174)
Total shareholders' equity 46,280 34,276
Total liabilities and shareholders' equity $ 90,584 $ 92,584