v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 43,451 $ 43,557
Accounts receivable, net of allowance for doubtful accounts of $122 and $231 as of March 31, 2026 and December 31, 2025, respectively 11,910 10,697
Prepaid expenses and other current assets 1,938 2,281
Total current assets 57,299 56,535
Property and equipment, net 880 882
Intangible assets, net 40,179 39,264
Goodwill 5,227 5,227
Right-of-use assets 2,442 2,570
Deferred tax assets 5,574 6,585
Other noncurrent assets 1,033 949
Total assets 112,634 112,012
Current liabilities:    
Accounts payable 2,002 1,977
Accrued expenses and other current liabilities 1,756 4,469
Current portion of operating lease liabilities 391 396
Deferred revenue 956 1,028
Total current liabilities 5,105 7,870
Noncurrent operating lease liabilities 2,329 2,396
Other noncurrent liabilities 672 820
Total liabilities 8,106 11,086
Shareholders' equity:    
Preferred stock - $0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding, as of March 31, 2026 and December 31, 2025 0 0
Common stock - $0.001 par value, 200,000,000 shares authorized, 14,112,391 and 14,151,350 shares issued, and and 14,111,891 and 14,151,350 shares outstanding, as of March 31, 2026 and December 31, 2025 14 14
Treasury stock, at cost, 500 and 0 shares as of March 31, 2026 and December 31, 2025 (17) 0
Additional paid-in capital 87,859 88,628
Retained earnings 16,672 12,284
Total shareholders' equity 104,528 100,926
Total liabilities and shareholders' equity $ 112,634 $ 112,012