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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 22,533 $ 13,197
Short term investments 11,016 21,686
Trade accounts receivable 7,016 7,656
Inventory 996 1,193
Prepaid expenses and other current assets 1,090 1,361
Total current assets 42,651 45,093
Property and equipment, net 2,140 2,126
Goodwill 3,700 3,700
Customer relationships, net 2,989 3,110
Intangible assets, net 644 687
Other assets 218 10
Total assets 52,342 54,726
Current liabilities:    
Accounts payable 3,568 3,838
Accrued bonus 411 1,385
Accrued liabilities 1,025 1,451
Current portion of deferred rent obligation under operating lease 42 85
Total current liabilities 5,046 6,759
Deferred tax liability 52 52
Deferred rent obligation under operating lease 9 11
Total liabilities 5,107 6,822
Stockholders’ equity:    
Common shares, par value $0.0001, 200,000 shares authorized; 10,185 shares issued and 9,697 shares outstanding at March 31, 2020; and 10,146 shares issued and 9,681 shares outstanding at December 31, 2019 1 1
Additional paid in capital 97,360 96,622
Treasury stock, at cost: 489 shares and 465 shares at March 31, 2020, and December 31, 2019, respectively (4,849) (4,659)
Accumulated other comprehensive income (loss) (7) 8
Accumulated deficit (45,270) (44,068)
Total stockholders’ equity 47,235 47,904
Commitments and contingencies (note 12)
Total liabilities and stockholders’ equity $ 52,342 $ 54,726