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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS:    
Cash and cash equivalents $ 11,658 $ 15,804
Accounts receivable, net of allowance for doubtful accounts of $247 and $231, respectively 53,421 56,531
Prepaid expenses and other current assets 6,337 6,071
Total current assets 71,416 78,406
Property and equipment, net 502 591
Operating lease right-of-use assets 2,952 3,395
Intangible assets, net 26,141 26,809
Goodwill 1,261 1,261
Other non-current assets 1,305 1,405
Total assets 103,577 111,867
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Accounts payable 8,829 10,954
Accrued expenses and other current liabilities 30,878 30,534
Deferred revenue 561 430
Current portion of long-term debt 30,981 5,000
Current portion of operating lease liability 2,279 2,296
Total current liabilities 73,528 49,214
Long-term debt, net 0 25,488
Operating lease liability, net 1,188 1,699
Other non-current liabilities 115 1,062
Total liabilities 74,831 77,463
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 — 14,429,193 and 14,384,936, respectively; and Shares outstanding — 13,660,598 and 13,616,341, respectively (Note 7) 43 43
Treasury stock, at cost — 768,595 and 768,595 Shares, respectively (Note 7) (11,407) (11,407)
Additional paid-in capital 427,904 427,286
Accumulated deficit (387,794) (381,518)
Total shareholders' equity 28,746 34,404
Total liabilities and shareholders' equity $ 103,577 $ 111,867