Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,556 $ 8,716
Restricted cash 468 468
Accounts receivable, net of allowance of $228 and $351, respectively 39,489 27,549
Contract assets 12,811 7,969
Other current assets 11,526 6,457
Total current assets 66,850 51,159
Property, plant and equipment, net 709 309
Goodwill 35,400 35,400
Intangible assets 12,500 12,500
Other long-term assets 5,687 5,712
Total assets 121,146 105,080
Current liabilities:    
Accounts payable 8,439 6,210
Accrued compensation and benefits 19,856 15,800
Contract liabilities 2,494 2,529
Short-term borrowings 4,672 352
Current portion of long-term debt 1,050 1,050
Other current liabilities 10,711 7,170
Current liabilities of discontinued operations 188 342
Total current liabilities 47,410 33,453
Long-term debt, net 30,428 30,728
Deferred tax liabilities 2,136 2,440
Other long-term liabilities 1,828 2,098
Long-term liabilities of discontinued operations 4,201 4,466
Total liabilities 86,003 73,185
Commitments and contingencies (Note 10)  
Stockholders' equity:    
Common stock, $0.01 par value, 170,000,000 shares authorized and 26,384,670 and 25,926,333 shares issued, respectively, and 25,915,502 and 25,336,442 shares outstanding, respectively 260 256
Paid-in capital 91,670 90,292
Accumulated other comprehensive income (loss) (36) 28
Accumulated deficit (56,745) (58,673)
Treasury stock, at par (469,168 and 589,891 common shares, respectively) (6) (8)
Total stockholders' equity 35,143 31,895
Total liabilities and stockholders' equity $ 121,146 $ 105,080