Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,321 $ 6,068
Accounts receivable, net 10,338 9,483
Other current assets 3,851 2,170
Total current assets 16,510 17,721
Property and equipment, net 6,814 837
Other intangible assets, net 15,849 12,538
Goodwill 8,433
Operating lease right of use assets 3,892
Other long-term assets 42 31
Total assets 51,540 31,127
Current liabilities:    
Accounts payable 4,709 1,059
Accrued salary and bonus 2,341 1,544
Other accrued expenses 9,476 5,148
Current liabilities from discontinued operations 766 918
Total current liabilities 17,292 8,669
Contingent consideration 2,391 2,693
Operating lease liabilities, net of current portion 2,591
Line of credit 3,000
Other long-term liabilities 4,573 4,319
Total liabilities 29,847 15,681
Commitments and contingencies (Note 12)
Preferred stock, $.01 par value; 5,000,000 shares authorized, 270 shares issued and outstanding 26,172
Stockholders' equity:    
Common stock, $.01 par value; 100,000,000 shares authorized; 3,932,370 and 2,876,734 shares issued, respectively; 3,920,589 and 2,869,427 shares outstanding, respectively 393 287
Additional paid-in capital 182,514 175,820
Accumulated deficit (185,665) (158,981)
Treasury stock, at cost (11,781 and 7,307 shares, respectively) (1,721) (1,680)
Total stockholders' equity (4,479) 15,446
Total liabilities and stockholders' equity 25,368 31,127
Total liabilities, preferred stock and stockholders' equity $ 51,540 $ 31,127