v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 7,269 $ 12,972
Marketable securities 15,026 14,842
Accounts receivable, net 3,010 2,922
Unbilled receivables, net 1,348 1,080
Prepaid expenses and other current assets 1,612 1,169
Total current assets 28,265 32,985
Property and equipment, net 477 477
Intangible assets, net 1,569 1,976
Goodwill 3,120 3,120
Right of use asset, net 3,642 3,964
Other long-term assets 122 122
Total assets 37,195 42,644
Current liabilities:    
Accounts payable 1,045 894
Accrued expenses 930 1,447
Current portion operating lease liabilities 676 656
Deferred revenue 4,854 4,867
Total current liabilities 7,505 7,864
Long-term deferred revenue 261 296
Long-term operating lease liabilities 3,292 3,588
Total long-term liabilities 3,553 3,884
Commitments and contingent liabilities (Note 10)
Stockholders’ equity:    
Preferred stock, $1.00 par value; 1,000,000 shares authorized, none outstanding
Common stock, $.01 par value; 70,000,000 shares authorized; 21,444,665 and 21,096,580 shares issued and outstanding as of December 31, 2025 and 2024, respectively 215 211
Additional paid-in capital 101,510 100,377
Accumulated deficit (75,816) (69,943)
Accumulated other comprehensive income 228 251
Total stockholders’ equity 26,137 30,896
Total liabilities and stockholders’ equity $ 37,195 $ 42,644