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
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 15,577 $ 56,178
Marketable securities 33,087 0
Inventories 4,250 4,293
Other current assets 3,984 3,758
Total current assets 56,898 64,229
Property and equipment, net 225 266
Operating lease right-of-use assets 3,031 3,319
Restricted cash 36 39
Deferred tax asset 345 369
Other assets 956 869
Total assets 61,491 69,091
Current liabilities:    
Accounts payable 653 990
Income taxes payable 4,953 3,716
Accrued commissions 2,150 2,067
Other accrued expenses 1,300 1,170
Deferred revenue 7,587 6,166
Amounts held in eWallets 3,603 3,945
Operating lease liabilities 1,210 1,146
Other current liabilities 673 784
Total current liabilities 22,129 19,984
Income taxes payable 0 5,054
Deferred tax liability 135 135
Operating lease liabilities 1,977 2,318
Total liabilities 24,241 27,491
Commitments and contingencies (Note 7)
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 June 30, 2024 and December 31, 2023 13 13
Additional paid-in capital 84,770 84,695
Accumulated deficit (21,948) (17,703)
Accumulated other comprehensive loss (1,249) (1,069)
Treasury stock, at cost; 1,462,641 shares at June 30, 2024 and December 31, 2023 (24,336) (24,336)
Total stockholders’ equity 37,250 41,600
Total liabilities and stockholders’ equity $ 61,491 $ 69,091