v3.19.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 101,113 $ 132,653
Inventories 7,999 12,165
Other current assets 6,997 5,369
Total current assets 116,109 150,187
Property and equipment, net 821 934
Operating lease right-of-use assets 3,515  
Goodwill 1,764 1,764
Restricted cash 2,881 2,998
Deferred tax asset 1,210 1,207
Other assets 807 831
Total assets 127,107 157,921
Current liabilities:    
Accounts payable 627 1,631
Accrued commissions 3,798 12,502
Other accrued expenses 3,392 6,121
Deferred revenue 3,302 6,795
Amounts held in eWallets 13,090 14,611
Operating lease liabilities 1,689  
Other current liabilities 1,188 1,424
Total current liabilities 27,086 43,084
Income taxes payable 15,365 16,982
Deferred tax liability 186 186
Long-term incentive 0 7,808
Operating lease liabilities 1,903  
Total liabilities 44,540 68,060
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 September 30, 2019 and December 31, 2018 13 13
Additional paid-in capital 86,102 86,415
Retained earnings 23,567 44,431
Accumulated other comprehensive loss (1,764) (1,250)
Treasury stock, at cost; 1,459,090 and 1,603,322 shares at September 30, 2019 and December 31, 2018, respectively (25,351) (39,748)
Total stockholders’ equity 82,567 89,861
Total liabilities and stockholders’ equity $ 127,107 $ 157,921

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