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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 7,677 $ 2,981
Accounts receivable, net of allowance for uncollectible accounts of $413 in 2020 and $338 in 2019 22,036 22,345
Unbilled receivables 10,098 10,007
Prepaid and other current assets 1,346 1,597
Total current assets 41,157 36,930
Equipment, enterprise software, and leasehold improvements, at cost:    
Equipment 1,931 1,871
Enterprise software 2,730 2,728
Leasehold improvements 563 496
Total equipment, enterprise software, and leasehold improvements 5,224 5,095
Less – accumulated depreciation and amortization (3,253) (2,619)
Net equipment, enterprise software, and leasehold improvements 1,971 2,476
Operating lease right-of-use assets 3,286 4,617
Deferred income taxes 796  
Non-current deposits 396 405
Goodwill, net of impairment 32,510 26,106
Intangible assets, net of amortization 21,930 20,050
Total assets 102,046 90,584
Current liabilities:    
Current portion of long-term debt 4,400 4,575
Accounts payable 2,589 4,027
Accrued payroll and related costs 12,374 7,902
Current portion of operating lease liability 1,079 1,396
Other accrued liabilities 1,051 954
Deferred revenue 478 237
Total current liabilities 21,971 19,091
Long-term liabilities:    
Long-term debt, less current portion, net 12,875 20,682
Contingent consideration liability 2,882 0
Long-term operating lease liability, less current portion 2,325 3,321
Long-term accrued income taxes 165 185
Deferred income taxes   1,025
Long-term payroll tax liabilities 2,295  
Total liabilities 42,513 44,304
Commitments and contingent liabilities (Note 9)
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 13,039,893 shares issued as of December 31, 2020 and 12,700,660 shares issued as of December 31, 2019 130 127
Additional paid-in-capital 25,509 21,939
Retained earnings 38,620 28,759
Accumulated other comprehensive income (loss) (539) (358)
Treasury stock, at cost; 1,646,420 shares as of December 31, 2020 and as of December 31, 2019 (4,187) (4,187)
Total shareholders' equity 59,533 46,280
Total liabilities and shareholders' equity $ 102,046 $ 90,584