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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 226 $ 0
Accounts receivable (net of allowance for credit losses of $674 and $554, respectively 46,430 56,776
Prepaid expenses 2,870 2,963
Other current assets 3,416 7,172
Total current assets 52,942 66,911
Property and equipment, net 1,284 1,217
Other assets    
Deposits 2,093 2,699
Software as a service, net 4,750 5,026
Deferred income taxes, net 7,398 7,271
Right-of-use asset - operating leases, net 4,481 5,435
Intangible assets, net 27,655 30,370
Goodwill 59,151 59,588
Other Assets, Total 105,528 110,389
Total assets 159,754 178,517
Current liabilities    
Accounts payable 254 95
Accrued payroll and expenses 14,004 14,902
Line of credit (net of debt issuance costs of $128) 0 24,746
Long-term debt, current portion (net of debt issuance costs of $29 and $0, respectively) 3,371 34,000
Accrued interest 220 438
Income taxes payable 165 282
Contingent consideration, current portion 0 4,208
Convertible notes payable 4,368 4,368
Other current liabilities 2,116 0
Lease liabilities, current portion 1,719 2,016
Total current liabilities 26,217 85,055
Line of credit (net of debt issuance costs of $318) 13,748 0
Long-term debt, less current portion (net of debt issuance costs of $236) 29,514 0
Contingent consideration, less current portion 3,981 4,112
Lease liabilities, less current portion 3,133 3,814
Total liabilities 76,593 92,981
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding 0 0
Common stock, $0.01 par value per share; 19,500,000 shares authorized 10,956,137 and 10,887,509 shares issued and outstanding, respectively, net of 3,930 shares of treasury stock, at cost, respectively. 53 52
Additional paid in capital 69,367 68,551
Retained earnings 13,741 16,933
Total stockholders’ equity 83,161 85,536
Total liabilities and stockholders’ equity $ 159,754 $ 178,517