v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 49,778 $ 20,245
Accounts receivable, net of allowance for doubtful accounts of $740 and $842, respectively 126,331 154,596
Inventory, net 2,518 4,766
Vendor prepayments and advances   890
Prepaid expenses and other current assets 5,399 4,141
Total current assets 184,026 184,638
Equipment and leasehold improvements, net 7,307 3,515
Goodwill 19,010 18,963
Other intangibles, net 18,309 19,693
Right-of-use assets, net 933 1,235
Accounts receivable-long-term, net 1,172 3,114
Other assets 1,160 350
Deferred income tax assets 448 348
Total assets 232,365 231,856
Current liabilities:    
Accounts payable and accrued expenses 154,895 160,650
Lease liability, current portion 442 521
Term loan, current portion 535 520
Total current liabilities 155,872 161,691
Lease liability, net of current portion 977 1,296
Deferred income tax liabilities 4,135 4,137
Term loan, net of current portion 889 1,292
Non-current liabilities 2,870 2,866
Total liabilities 164,743 171,282
Commitments and contingencies
Stockholders' equity:    
Common stock, $.01 par value; 10,000,000 shares authorized; 5,284,500 shares issued: 4,579,628 and 4,478,432 shares outstanding, respectively 53 53
Additional paid-in capital 33,895 32,715
Treasury stock, at cost, 704,872 and 806,068 shares, respectively (12,357) (13,230)
Retained earnings 48,724 43,904
Accumulated other comprehensive loss (2,693) (2,868)
Total stockholders' equity 67,622 60,574
Total liabilities and stockholders' equity $ 232,365 $ 231,856

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