Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 128,270 $ 135,311
Inventories 10,358 8,398
Other current assets 5,550 7,534
Total current assets 144,178 151,243
Property and equipment, net 1,025 1,149
Goodwill 1,764 1,764
Restricted cash 3,111 3,167
Deferred Tax Assets, Net, Current 1,435 1,435
Other assets 854 796
Total assets 152,367 159,554
Current liabilities:    
Accounts payable 2,995 1,751
Income taxes payable 257 309
Accrued commissions 10,399 11,170
Other accrued expenses 8,157 7,605
Deferred revenue 3,831 4,455
Amounts held in eWallets 14,902 15,152
Other current liabilities 1,446 1,479
Total current liabilities 41,987 41,921
Accrued Income Taxes, Noncurrent 17,395 19,052
Deferred Tax Liabilities, Net, Noncurrent 75 56
Long-term incentive 7,342 7,904
Total liabilities 66,799 68,933
Commitments and contingencies (Note 9)
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 June 30, 2018 and December 31, 2017 13 13
Additional paid-in capital 86,415 86,683
Retained earnings 39,662 44,908
Accumulated other comprehensive loss (774) (413)
Treasury stock, at cost; 1,603,322 and 1,637,524 shares at June 30, 2018 and December 31, 2017, respectively (39,748) (40,570)
Total stockholders’ equity 85,568 90,621
Total liabilities and stockholders’ equity $ 152,367 $ 159,554