v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 58,964 $ 36,161
Marketable securities 56,197 20,843
Accounts receivable, net 32,633 32,153
Accounts receivable - unbilled 6,094 6,845
Prepaid and other current assets 25,470 23,654
Total current assets 179,358 119,656
Property and equipment, net 9,659 10,661
Capitalized software development, net 47,014 45,581
Operating lease right of use assets, net 13,276 15,272
Goodwill 212,772 217,518
Intangibles, net 56,358 64,930
Other assets 47,414 46,756
Total assets 565,851 520,374
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 3,745 7,769
Accrued royalties 6,243 5,595
Accrued liabilities 11,690 11,166
Accrued compensation 7,650 11,199
Deferred revenue 91,861 88,417
Total current liabilities 121,189 124,146
Deferred tax liabilities 23,449 18,246
Deferred revenue, noncurrent 1,024 1,344
Operating lease liability, noncurrent 12,777 14,684
Other long-term liabilities 5,472 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; 30,615 and 29,579 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 265,266 231,797
Retained earnings 138,468 123,587
Accumulated other comprehensive (loss)/income (1,794) (1,361)
Total shareholders’ equity 401,940 354,023
Total liabilities and shareholders’ equity $ 565,851 $ 520,374