Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Current Period Unaudited)

v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 9,221 $ 6,813
Marketable securities 12,010 22,060
Inventories, net 1,971 2,047
Other current assets 3,334 3,274
Total current assets 26,536 34,194
Property and equipment, net 258 153
Operating lease right-of-use assets 2,892 1,869
Deferred tax asset 288 289
Other assets 1,976 1,923
Total assets 31,950 38,428
Current liabilities:    
Accounts payable 1,306 555
Accrued commissions 1,670 1,958
Other accrued expenses 1,234 1,438
Deferred revenue 5,001 5,574
Amounts held in eWallets 2,739 2,838
Operating lease liabilities 958 869
Other current liabilities 335 456
Total current liabilities 13,243 13,688
Deferred tax liability 179 180
Operating lease liabilities 2,064 1,131
Total liabilities 15,486 14,999
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 March 31, 2026 and December 31, 2025 13 13
Additional paid-in capital 85,033 85,033
Accumulated deficit (37,448) (36,436)
Accumulated other comprehensive loss (775) (784)
Treasury stock, at cost; 4,401,566 and 1,466,339 shares at March 31, 2026 and December 31, 2025, respectively (30,359) (24,397)
Total stockholders’ equity 16,464 23,429
Total liabilities and stockholders’ equity $ 31,950 $ 38,428