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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and equivalents $ 2,746 $ 1,067
Accounts receivable, net of allowance for doubtful accounts of $203 and $19 at September 30, 2012 and December 31, 2011, respectively 3,312 1,483
Notes receivable 24 96
Inventory 174 116
Prepaid expenses and other current assets 1,305 338
Total Current Assets 7,561 3,100
Property and equipment, net 501 414
Intangible assets, net 12,339 6,307
Goodwill 15,296 6,264
Other 29  
Total Assets 35,726 16,085
Current Liabilities:    
Line of credit   500
Current portion of notes payable 1,551 349
Accounts payable 2,208 1,097
Accrued compensation and benefits 78 141
Other accrued liabilities 725 536
Deferred revenue 9,673 4,792
Total Current Liabilities 14,235 7,415
Long-term liabilities:    
Deferred revenue 14 169
Senior note payable 13,050  
Subordinated notes payable 5,354 4,323
Subordinated convertible notes 283 1,247
Derivative liability   835
Other long-term obligations 25 32
Total Long-Term Liabilities 18,726 6,606
Stockholders’ Equity:    
Preferred stock, $.01 par value; 1,500 shares authorized; none issued or outstanding 0 0
Common stock, $.01 par value; 11,000 shares authorized; 5,642 and 5,014 shares issued; 5,258 and 4,630 shares outstanding at September 30, 2012 and December 31, 2011, respectively 339 334
Treasury stock at cost, 384 shares at September 30, 2012 and December 31, 2011 (5,017) (5,017)
Additional paid-in capital 274,136 271,065
Accumulated deficit (266,590) (264,190)
Accumulated other comprehensive loss (103) (128)
Total Stockholders’ Equity 2,765 2,064
Total Liabilities and Stockholders’ Equity $ 35,726 $ 16,085