v3.22.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 79,382 $ 83,843
Inventories 4,860 5,257
Other current assets 4,674 4,369
Total current assets 88,916 93,469
Property and equipment, net 450 463
Operating lease right-of-use assets 2,708 3,021
Restricted cash 82 522
Deferred tax asset 318 309
Other assets 568 571
Total assets 93,042 98,355
Current liabilities:    
Accounts payable 824 761
Income taxes payable 1,397 1,345
Accrued commissions 2,512 3,636
Other accrued expenses 1,332 1,933
Deferred revenue 8,049 8,536
Amounts held in eWallets 6,055 6,341
Operating lease liabilities 1,174 1,239
Other current liabilities 855 865
Total current liabilities 22,198 24,656
Income taxes payable 12,130 12,130
Deferred tax liability 153 153
Operating lease liabilities 1,691 1,928
Total liabilities 36,172 38,867
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 March 31, 2022 and December 31, 2021 13 13
Additional paid-in capital 86,102 86,102
Accumulated deficit (2,621) (231)
Accumulated other comprehensive loss (720) (492)
Treasury stock, at cost; 1,556,875 shares at March 31, 2022 and December 31, 2021 (25,904) (25,904)
Total stockholders’ equity 56,870 59,488
Total liabilities and stockholders’ equity $ 93,042 $ 98,355

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