v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 34,603 $ 36,504
Accounts receivable, net of allowance for doubtful accounts of $166 and $188 as of March 31, 2025 and December 31, 2024, respectively 9,646 8,061
Prepaid expenses and other current assets 1,653 1,627
Total current assets 45,902 46,192
Property and equipment, net 543 545
Intangible assets, net 37,488 35,997
Goodwill 5,227 5,227
Right-of-use assets 1,753 1,901
Deferred tax assets 6,597 7,496
Other noncurrent assets 1,579 1,173
Total assets 99,089 98,531
Current liabilities:    
Accounts payable 2,013 2,127
Accrued expenses and other current liabilities 1,989 2,881
Current portion of operating lease liabilities 343 406
Deferred revenue 754 712
Dividend payable 0 4,181
Total current liabilities 5,099 10,307
Noncurrent operating lease liabilities 1,502 1,592
Other noncurrent liabilities 640 0
Total liabilities 7,241 11,899
Shareholders' equity:    
Preferred stock-$0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding, as of March 31, 2025 and December 31, 2024 0 0
Common stock-$0.001 par value, 200,000,000 shares authorized, 13,950,797 and 13,936,329 shares issued and outstanding, as of March 31, 2025 and December 31, 2024 14 14
Additional paid-in capital 89,264 87,488
Retained earnings (accumulated deficit) 2,570 (870)
Total shareholders' equity 91,848 86,632
Total liabilities and shareholders' equity $ 99,089 $ 98,531