v3.20.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,321,000 $ 6,068,000
Accounts receivable, net 10,197,000 9,483,000
Other current assets 3,851,000 2,170,000
Total current assets 16,369,000 17,721,000
Property and equipment, net 6,814,000 837,000
Other intangible assets, net 33,501,000 29,853,000
Goodwill 8,433,000
Operating lease right of use assets 3,892,000
Other long-term assets 42,000 31,000
Total assets 69,051,000 48,442,000
Current liabilities:    
Accounts payable 4,812,000 1,059,000
Accrued salary and bonus 2,341,000 1,424,000
Other accrued expenses 9,379,000 5,091,000
Current liabilities from discontinued operations 766,000 918,000
Total current liabilities 17,298,000 8,492,000
Contingent consideration 2,391,000 2,693,000
Operating lease liabilities, net of current portion 2,591,000
Line of credit 3,000,000
Other long-term liabilities 4,573,000 4,319,000
Total liabilities 29,853,000 15,504,000
Commitments and contingencies (Note 12)
Preferred stock, $.01 par value; 5,000,000 shares authorized, 270 shares issued and outstanding 26,172,000
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 393,000 287,000
Additional paid-in capital 182,514,000 175,820,000
Accumulated deficit (168,160,000) (141,489,000)
Treasury stock, at cost (11,781 and 7,307 shares, respectively) (1,721,000) (1,680,000)
Total stockholders' equity 13,026,000 32,938,000
Total liabilities and stockholders' equity 42,879,000 48,442,000
Total liabilities, preferred stock and stockholders' equity $ 69,051,000 $ 48,442,000

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