v3.24.2.u1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 9,790 $ 5,703
Accounts receivable and contract assets, net 35,705 30,700
Prepaid expenses and other current assets 3,541 3,902
Total current assets 49,036 40,305
Property and equipment, net 21,396 21,028
Operating lease right-of-use assets 2,297 2,315
Goodwill 34,213 34,213
Intangible assets, net 35,037 36,938
Other assets 3,902 3,909
Total assets 145,881 138,708
Current liabilities    
Accounts payable 2,448 3,031
Accrued expenses and other current liabilities 8,434 8,521
Line of credit 7,000 7,000
Deferred revenue, short-term 42,985 41,265
Total current liabilities 60,867 59,817
Deferred revenue, long-term 6,446 812
Deferred tax liability 1,333 1,226
Other liabilities 1,620 2,096
Total liabilities 70,266 63,951
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock: $0.005 par value; 500,000,000 shares authorized; 12,782,928 and 12,761,448 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 64 64
Additional paid-in capital 174,662 170,139
Accumulated deficit (98,779) (95,118)
Accumulated other comprehensive loss (332) (328)
Total stockholders' equity 75,615 74,757
Total liabilities and stockholders' equity $ 145,881 $ 138,708

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