v3.24.1.1.u2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 8,524 $ 5,703
Accounts receivable and contract assets, net 35,201 30,700
Prepaid expenses and other current assets 3,507 3,902
Total current assets 47,232 40,305
Property and equipment, net 21,429 21,028
Operating lease right-of-use assets 2,078 2,315
Goodwill 34,213 34,213
Intangible assets, net 35,995 36,938
Other assets 4,025 3,909
Total assets 144,972 138,708
Current liabilities    
Accounts payable 2,260 3,031
Accrued expenses and other current liabilities 7,101 8,521
Line of credit 7,000 7,000
Deferred revenue, short-term 44,817 41,265
Total current liabilities 61,178 59,817
Deferred revenue, long-term 5,935 812
Deferred tax liability 1,267 1,226
Other liabilities 1,833 2,096
Total liabilities 70,213 63,951
Commitments and contingencies (Note 13)
Stockholders' equity    
Common stock: $0.005 par value; 500,000,000 shares authorized; 12,793,168 and 12,761,448 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 64 64
Additional paid-in capital 173,066 170,139
Accumulated deficit (98,027) (95,118)
Accumulated other comprehensive loss (344) (328)
Total stockholders' equity 74,759 74,757
Total liabilities and stockholders' equity $ 144,972 $ 138,708

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