XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 35,795 $ 13,197
Short-term investments 2,184 21,686
Trade accounts receivable 4,182 7,656
Inventory 1,077 1,193
Prepaid expenses and other current assets 1,469 1,361
Total current assets 44,707 45,093
Property and equipment, net 2,323 2,126
Goodwill 3,700 3,700
Customer relationships, net 2,748 3,110
Intangible assets, net 574 687
Other assets 197 10
Total assets 54,249 54,726
Current liabilities:    
Accounts payable 3,078 3,838
Accrued bonus 1,220 1,385
Accrued liabilities and other 1,653 1,536
Total current liabilities 5,951 6,759
Deferred tax liability 44 52
Deferred rent obligation under operating lease 190 11
Total liabilities 6,185 6,822
Stockholders’ equity:    
Common stock and additional paid-in capital, par value $0.0001, 200,000 shares authorized; 10,302 shares issued and 9,768 shares outstanding at September 30, 2020; and 10,146 shares issued and 9,681 shares outstanding at December 31, 2019 99,597 96,623
Treasury stock, at cost: 534 shares and 465 shares at September 30, 2020, and December 31, 2019, respectively (5,267) (4,659)
Accumulated other comprehensive income 1 8
Accumulated deficit (46,267) (44,068)
Total stockholders’ equity 48,064 47,904
Commitments and contingencies (note 12)
Total liabilities and stockholders’ equity $ 54,249 $ 54,726