v3.20.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 90,789 $ 96,035
Inventories 4,259 6,404
Other current assets 4,972 5,936
Total current assets 100,020 108,375
Property and equipment, net 581 735
Operating lease right-of-use assets 4,200 3,135
Restricted cash 517 3,390
Deferred tax asset 1,069 2,039
Other assets 701 823
Total assets 107,088 118,497
Current liabilities:    
Accounts payable 887 680
Accrued commissions 3,046 2,931
Other accrued expenses 1,786 2,387
Deferred revenue 3,477 4,506
Amounts held in eWallets 9,831 12,938
Operating lease liabilities 1,217 1,655
Other current liabilities 1,067 1,205
Total current liabilities 21,311 26,302
Income taxes payable 13,748 15,365
Deferred tax liability 203 202
Operating lease liabilities 3,150 1,564
Total liabilities 38,412 43,433
Commitments and contingencies (Note 7)
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, 2020 and December 31, 2019 13 13
Additional paid-in capital 86,102 86,102
Retained earnings 9,358 16,117
Accumulated other comprehensive loss (893) (1,264)
Treasury stock, at cost; 1,556,875 shares at September 30, 2020 and December 31, 2019 (25,904) (25,904)
Total stockholders’ equity 68,676 75,064
Total liabilities and stockholders’ equity $ 107,088 $ 118,497

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