Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Current Period Unaudited)

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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 84,640 $ 92,367
Inventories 4,390 3,779
Other current assets 4,386 3,595
Total current assets 93,416 99,741
Property and equipment, net 463 539
Operating lease right-of-use assets 3,339 3,745
Restricted cash 524 525
Deferred tax asset 660 731
Other assets 574 661
Total assets 98,976 105,942
Current liabilities:    
Accounts payable 879 580
Income taxes payable 1,844 1,481
Accrued commissions 3,441 3,496
Other accrued expenses 1,758 1,922
Deferred revenue 6,038 3,091
Amounts held in eWallets 6,756 8,503
Operating lease liabilities 1,304 1,163
Other current liabilities 847 1,270
Total current liabilities 22,867 21,506
Income taxes payable 12,130 13,748
Deferred tax liability 215 216
Operating lease liabilities 2,209 2,775
Total liabilities 37,421 38,245
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value; 50,000,000 shares authorized; 12,979,414 shares issued at September 30, 2021 and December 31, 2020 13 13
Additional paid-in capital 86,102 86,102
Retained earnings 1,820 7,822
Accumulated other comprehensive loss (476) (336)
Treasury stock, at cost; 1,556,875 shares at September 30, 2021 and December 31, 2020 (25,904) (25,904)
Total stockholders’ equity 61,555 67,697
Total liabilities and stockholders’ equity $ 98,976 $ 105,942