v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 48,711 $ 36,161
Marketable securities 17,787 20,843
Accounts receivable, net 38,435 32,153
Accounts receivable - unbilled 5,009 6,845
Prepaid and other current assets 23,081 23,654
Total current assets 133,023 119,656
Property and equipment, net 10,203 10,661
Capitalized software development, net 45,621 45,581
Operating lease right of use assets, net 14,445 15,272
Goodwill 212,701 217,518
Intangibles, net 63,657 64,930
Other assets 47,791 46,756
Total assets 527,441 520,374
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 5,086 7,769
Accrued royalties 6,588 5,595
Accrued liabilities 14,409 11,166
Accrued compensation 4,029 11,199
Deferred revenue 106,402 88,417
Total current liabilities 136,514 124,146
Deferred tax liabilities 17,977 18,246
Deferred revenue, noncurrent 1,320 1,344
Operating lease liability, noncurrent 14,067 14,684
Other long-term liabilities 5,571 7,931
Commitments and contingencies
Shareholders’ equity:    
Preferred Stock, no par value, 10,000 shares authorized, no shares issued or outstanding 0 0
Common stock, no par value, 75,000 shares authorized; 29,305 and 29,579 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 225,089 231,797
Retained earnings 128,469 123,587
Accumulated other comprehensive loss (1,566) (1,361)
Total shareholders’ equity 351,992 354,023
Total liabilities and shareholders’ equity $ 527,441 $ 520,374