Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Current Period Unaudited)

v3.25.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 10,534 $ 13,533
Marketable securities 23,711 30,407
Inventories, net 2,769 3,272
Other current assets 3,845 3,771
Total current assets 40,859 50,983
Property and equipment, net 154 190
Operating lease right-of-use assets 2,108 2,498
Restricted cash 37 34
Deferred tax asset 387 382
Other assets 1,617 1,272
Total assets 45,162 55,359
Current liabilities:    
Accounts payable 962 895
Income taxes payable 7 4,908
Accrued commissions 1,866 2,021
Other accrued expenses 1,337 1,425
Deferred revenue 6,078 6,428
Amounts held in eWallets 3,089 3,286
Operating lease liabilities 1,060 1,127
Other current liabilities 549 709
Total current liabilities 14,948 20,799
Deferred tax liability 172 174
Operating lease liabilities 1,186 1,514
Total liabilities 16,306 22,487
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, 2025 and December 31, 2024 13 13
Additional paid-in capital 84,969 84,901
Accumulated deficit (30,813) (26,344)
Accumulated other comprehensive loss (916) (1,301)
Treasury stock, at cost; 1,466,339 shares at June 30, 2025 and December 31, 2024 (24,397) (24,397)
Total stockholders’ equity 28,856 32,872
Total liabilities and stockholders’ equity $ 45,162 $ 55,359