XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and equivalents $ 1,189 $ 1,067
Accounts receivable, net of allowance for doubtful accounts of $56 and $19 at March 31, 2012 and December 31, 2011, respectively 1,491 1,483
Notes receivable 73 96
Inventory 113 116
Prepaid expenses and other current assets 285 338
Total Current Assets 3,151 3,100
Property and equipment, net 397 414
Intangible assets, net 5,950 6,307
Goodwill 6,259 6,264
Other 6  
Total Assets 15,763 16,085
Current Liabilities:    
Line of credit 500 500
Current portion of notes payable 100 349
Accounts payable 1,234 1,097
Accrued compensation and benefits 160 141
Other accrued liabilities 551 536
Deferred revenue 4,860 4,792
Total Current Liabilities 7,405 7,415
Long-term liabilities:    
Deferred revenue 166 169
Subordinated notes payable 4,350 4,323
Subordinated convertible notes payable 296 1,247
Derivative liability   835
Other long-term obligations 30 32
Total Long-Term Liabilities 4,842 6,606
Stockholders’ Equity:    
Preferred stock, $.01 par value; 1,500 shares authorized; none issued or outstanding 0 0
Common stock, $.01 par value; 6,500 shares authorized; 5,365 and 5,014 shares issued; 4,981 and 4,630 shares outstanding at March 31, 2012 and December 31, 2011, respectively 336 334
Treasury stock at cost, 384 shares at March 31, 2012 and December 31, 2011 (5,017) (5,017)
Additional paid-in capital 273,334 271,065
Accumulated deficit (265,037) (264,190)
Accumulated other comprehensive loss (100) (128)
Total Stockholders’ Equity 3,516 2,064
Total Liabilities and Stockholders’ Equity $ 15,763 $ 16,085