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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 7,185 $ 6,622
Accounts receivable, net of allowance for uncollectible accounts of $375 in 2022 and $375 in 2021 35,137 34,153
Unbilled receivables 11,701 9,240
Prepaid and other current assets 3,191 3,890
Total current assets 57,214 53,905
Equipment, enterprise software, and leasehold improvements, at cost:    
Equipment 2,741 2,356
Enterprise software 4,172 3,753
Leasehold improvements 760 842
Total equipment, enterprise software, and leasehold improvements 7,673 6,951
Less – accumulated depreciation and amortization (4,133) (3,913)
Net equipment, enterprise software, and leasehold improvements 3,540 3,038
Operating lease right-of-use assets 5,033 4,894
Non-current deposits 511 595
Goodwill, net of impairment 32,510 32,510
Intangible assets, net of amortization 17,968 18,760
Total assets 116,776 113,702
Current liabilities:    
Current portion of long-term debt 4,400 4,400
Accounts payable 6,242 4,954
Accrued payroll and related costs 13,367 14,240
Current portion of operating lease liability 1,571 1,479
Other accrued liabilities 779 1,227
Deferred revenue 443 544
Total current liabilities 26,802 26,844
Long-term liabilities:    
Long-term debt, less current portion, net 7,252 8,334
Long-term operating lease liability, less current portion 3,677 3,706
Long-term accrued income taxes 125 125
Deferred income taxes 888 265
Total liabilities 38,744 39,274
Commitments and contingent liabilities (Note 6)
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 13,233,767 shares issued as of March 31, 2022 and 13,112,202 shares issued as of December 31, 2021 133 131
Additional paid-in-capital 29,667 28,250
Retained earnings 53,173 50,841
Accumulated other comprehensive income (loss) (754) (607)
Treasury stock, at cost; 1,646,420 shares as of March 31, 2022 and as of December 31, 2021 (4,187) (4,187)
Total shareholders' equity 78,032 74,428
Total liabilities and shareholders' equity $ 116,776 $ 113,702