Quarterly report [Sections 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, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 9,501 $ 6,813
Marketable securities 9,121 22,060
Inventories, net 2,049 2,047
Other current assets 3,033 3,274
Total current assets 23,704 34,194
Property and equipment, net 570 153
Operating lease right-of-use assets 2,589 1,869
Deferred tax asset 288 289
Other assets 2,059 1,923
Total assets 29,210 38,428
Current liabilities:    
Accounts payable 964 555
Accrued commissions 1,741 1,958
Other accrued expenses 1,222 1,438
Deferred revenue 4,205 5,574
Amounts held in eWallets 2,606 2,838
Operating lease liabilities 860 869
Other current liabilities 341 456
Total current liabilities 11,939 13,688
Deferred tax liability 179 180
Operating lease liabilities 1,890 1,131
Total liabilities 14,008 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 June 30, 2026 and December 31, 2025 13 13
Additional paid-in capital 85,033 85,033
Accumulated deficit (38,757) (36,436)
Accumulated other comprehensive loss (728) (784)
Treasury stock, at cost; 4,401,566 and 1,466,339 shares at June 30, 2026 and December 31, 2025, respectively (30,359) (24,397)
Total stockholders’ equity 15,202 23,429
Total liabilities and stockholders’ equity $ 29,210 $ 38,428