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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 3,482 $ 6,622
Accounts receivable, net of allowance for uncollectible accounts of $444 in 2022 and $375 in 2021 37,257 34,153
Unbilled receivables 13,183 9,240
Prepaid and other current assets 3,833 3,890
Total current assets 57,755 53,905
Equipment, enterprise software, and leasehold improvements, at cost:    
Equipment 2,821 2,356
Enterprise software 4,146 3,753
Leasehold improvements 737 842
Total equipment, enterprise software, and leasehold improvements 7,704 6,951
Less – accumulated depreciation and amortization (4,723) (3,913)
Net equipment, enterprise software, and leasehold improvements 2,981 3,038
Operating lease right-of-use assets 4,263 4,894
Deferred financing costs, net 311 366
Non-current deposits 571 595
Goodwill, net of impairment 32,510 32,510
Intangible assets, net of amortization 16,385 18,760
Total assets 114,776 113,702
Current liabilities:    
Current portion of long-term debt 2,200 4,400
Accounts payable 5,831 4,954
Accrued payroll and related costs 15,628 14,240
Current portion of operating lease liability 1,500 1,479
Other accrued liabilities 1,035 1,227
Deferred revenue 550 544
Total current liabilities 26,744 26,844
Long-term liabilities:    
Long-term debt, less current portion, net 0 8,334
Long-term operating lease liability, less current portion 2,699 3,706
Long-term accrued income taxes 105 125
Deferred income taxes 761 265
Total liabilities 30,309 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 13,264,129 shares issued as of September 30, 2022 and 13,112,202 shares issued as of December 31, 2021 133 131
Additional paid-in-capital 31,814 28,250
Retained earnings 58,015 50,841
Accumulated other comprehensive (loss) (1,308) (607)
Treasury stock, at cost; 1,646,420 shares as of September 30, 2022 and as of December 31, 2021 (4,187) (4,187)
Total shareholders' equity 84,467 74,428
Total liabilities and shareholders' equity $ 114,776 $ 113,702