XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS:    
Cash and cash equivalents $ 20,513 $ 25,547
Accounts receivable, net of allowance for doubtful accounts of $177 and $544, respectively 48,515 63,164
Prepaid expenses and other current assets 8,069 3,506
Total current assets 77,097 92,217
Property and equipment, net 687 964
Operating lease right-of-use assets 3,833 5,202
Intangible assets, net 27,710 28,745
Goodwill 1,261 55,111
Other non-current assets 1,502 1,730
Total assets 112,090 183,969
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Accounts payable 11,841 6,190
Accrued expenses and other current liabilities 25,746 35,626
Deferred revenue 492 1,014
Current portion of long-term debt 31,799 5,000
Current portion of operating lease liability 2,295 2,389
Total current liabilities 72,173 50,219
Long-term debt, net 0 35,594
Operating lease liability 2,220 3,743
Other non-current liabilities 2,207 458
Total liabilities 76,600 90,014
Contingencies (Note 10)
Shareholders' equity:    
Preferred stock — $0.0001 par value, 10,000,000 Shares authorized; Shares outstanding — 0 shares for both periods 0 0
Common stock — $0.0005 par value, 200,000,000 Shares authorized; Shares issued — 85,803,727 and 84,385,458, respectively; and Shares outstanding — 81,192,158 and 80,085,306, respectively (Note 7) 43 42
Treasury stock, at cost — 4,611,569 and 4,300,152 Shares, respectively (Note 7) (11,407) (11,171)
Additional paid-in capital 426,473 423,384
Accumulated deficit (379,619) (318,300)
Total shareholders' equity 35,490 93,955
Total liabilities and shareholders' equity $ 112,090 $ 183,969