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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 2,177 $ 1,067
Restricted cash 250  
Accounts receivable, net of allowance for doubtful accounts of $182 and $19 at December 31, 2012 and 2011, respectively 3,040 1,483
Inventory 266 116
Notes receivable 19 96
Prepaid expenses and other current assets 1,497 338
Total current assets 7,249 3,100
Property and equipment, net 1,154 414
Goodwill 15,525 6,264
Intangible assets, net 12,179 6,307
Other assets 41 0
Total assets 36,148 16,085
Current liabilities:    
Line of credit 0 500
Current portion of notes payable 3,450 349
Accounts payable 2,713 1,097
Accrued compensation and benefits 78 141
Other accrued liabilities 1,013 536
Deferred revenue 9,684 4,792
Total current liabilities 16,938 7,415
Long-term liabilities:    
Deferred revenue 199 169
Notes payable- related party 800 1,600
Notes payable 15,887 3,970
Derivative liability 0 835
Other liabilities 164 32
Total long-term liabilities 17,050 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; 5,644 and 5,014 shares issued, 5,260 and 4,630 shares outstanding at December 31, 2012 and 2011, respectively 56 50
Treasury stock at cost, 384 shares at December 31, 2012 and 2011 (5,017) (5,017)
Additional paid-in capital 274,445 271,349
Accumulated deficit (267,222) (264,190)
Accumulated other comprehensive loss (102) (128)
Total stockholders’ equity 2,160 2,064
$ 36,148 $ 16,085