<SEC-DOCUMENT>0001171843-16-013171.txt : 20161114
<SEC-HEADER>0001171843-16-013171.hdr.sgml : 20161111
<ACCEPTANCE-DATETIME>20161114070035
ACCESSION NUMBER:		0001171843-16-013171
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20161114
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161114
DATE AS OF CHANGE:		20161114

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTELLIGENT SYSTEMS CORP
		CENTRAL INDEX KEY:			0000320340
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				581964787
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09330
		FILM NUMBER:		161990371

	BUSINESS ADDRESS:	
		STREET 1:		4355 SHACKLEFORD RD
		CITY:			NORCROSS
		STATE:			GA
		ZIP:			30093
		BUSINESS PHONE:		4043812900

	MAIL ADDRESS:	
		STREET 1:		4355 SHACKLEFORD ROAD
		CITY:			NORCROSS
		STATE:			GA
		ZIP:			30093
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k_111016.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<html><head><title></title></head><body><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;"><font style="font-size: 10pt;">&#160;</font></div></div><p style="text-align: center;"><font style="font-size: 14pt;"><strong>UNITED STATES</strong><br><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br><strong>Washington, D.C. 20549</strong><br>_____________________</font></p><p style="text-transform: uppercase; text-align: center;"><font style="font-size: 14pt;"><strong>Form 8-K</strong><br>_____________________</font></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>CURRENT REPORT</strong></font></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</strong></font></p><p align="center"><font style="font-size: 10pt;">Date of Report (Date of earliest event Reported): <!--November 14, 2016-->November 14, 2016 &#160;</font></p><p align="center"><font style="font-size: 12pt;"><strong>Intelligent Systems Corporation</strong></font><br><font style="font-size: 10pt;">(Exact Name of Registrant as Specified in Charter)</font></p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td align="center" width="33%"><font style="font-size: 10pt;"><strong>Georgia</strong></font></td><td align="center" width="34%"><font style="font-size: 10pt;"><strong>001-09330</strong></font></td><td align="center" width="33%"><font style="font-size: 10pt;"><strong>581964787</strong></font></td></tr><tr valign="top"><td align="center" width="33%"><font style="font-size: 10pt;">(State or Other Jurisdiction of Incorporation)</font></td><td align="center" width="34%"><font style="font-size: 10pt;">(Commission File Number)</font></td><td align="center" width="33%"><font style="font-size: 10pt;">(I.R.S. Employer Identification Number)</font></td></tr></table><p><font style="font-size: 10pt;">&#160;</font></p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="bottom"><td align="center" width="50%"><font style="font-size: 10pt;"><strong>4355 Shackleford Road, Norcross, Georgia 30093</strong><!----></font></td></tr><tr valign="top"><td align="center" width="50%"><font style="font-size: 10pt;">(Address of Principal Executive Offices) (Zip Code)</font></td></tr></table><p align="center"><font style="font-size: 10pt;"><strong>(770) 381-2900</strong><br>(Registrant's telephone number, including area code)</font></p><p align="center"><font style="font-size: 10pt;"><strong></strong><br>(Former name or former address, if changed since last report)</font></p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td colspan="3"><font style="font-size: 10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<br><br></font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></td></tr><tr valign="top"><td width="21"><font style="font-size: 10pt;">&#160;</font></td><td width="40"><font style="font-size: 10pt;">[  ]</font></td><td nowrap="nowrap"><font style="font-size: 10pt;">&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></td></tr></table><div style="margin-top: 12pt; margin-bottom: 3pt;"><div style="font-size: 1pt; border-top: Black 1.1pt solid; border-bottom: Black 2.5pt solid; width: 100%;"><font style="font-size: 10pt;">&#160;</font></div>&#160;</div><hr style="page-break-after: always;" noshade="noshade"><p><font style="font-size: 10pt;">  <strong>  </strong></font></p><p><font style="font-size: 10pt;"><strong>Item 2.02. Results of Operations and Financial Condition.</strong></font></p><p><font style="font-size: 10pt;">On November 14, 2016, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</font></p><p><font style="font-size: 10pt;"><strong>  </strong></font></p><p><font style="font-size: 10pt;"><strong>Item 9.01. Financial Statements and Exhibits.</strong></font></p><p><font style="font-size: 10pt;">Exhibit 99.1.   Press release dated November 14, 2016</font></p><p><font style="font-size: 10pt;"></font></p><p><font style="font-size: 10pt;"></font></p><hr style="page-break-after: always;" noshade="noshade"><p align="center"><font style="font-size: 10pt;"><strong>SIGNATURE</strong></font></p><p><font style="font-size: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p><table style="width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr valign="top"><td valign="top" width="49%"><font style="font-size: 10pt;">&#160;</font></td><td style="font-size: 12pt;" colspan="2" valign="top"><font style="font-size: 10pt;"><strong>Intelligent Systems Corporation</strong></font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;">&#160;</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;"></font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">Date: November 14, 2016</font></td><td width="2%"><font style="font-size: 10pt;">By:&#160;</font></td><td style="text-decoration: underline;" width="49%"><font style="font-size: 10pt;">/s/ Karen J. Reynolds&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;">Karen J. Reynolds</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;">CFO</font></td></tr><tr valign="top"><td width="49%"><font style="font-size: 10pt;">&#160;</font></td><td width="2%"><font style="font-size: 10pt;">&#160;</font></td><td width="49%"><font style="font-size: 10pt;"></font></td></tr></table><p></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252"><meta name="GENERATOR" content="MSHTML 8.00.7601.18094"></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><strong>Intelligent Systems Announces Third Quarter and Year-To-Date 2016 Results</strong></p><p style="text-align: center;"><p> <p align="justify">NORCROSS, Ga., Nov.  14, 2016  (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE MKT:INS) announced today its financial results for the three and nine month periods ended September 30, 2016.&#160;<br></p>  <p align="justify">Revenue was $2,649,000 and $5,844,000 in the three and nine month periods ended September 30, 2016, respectively, representing growth of 115 percent and 67 percent, respectively, as compared to the same periods in 2015.&#160; The growth in both product and services revenue is attributable to the initial implementation of a global license customer in the third quarter of 2016 as well as expansion of our processing services customer base and an upswing in our professional services to support both new and existing customers. &#160;</p>  <p align="justify">For the three month period ended September 30, 2016, the company recorded net income attributable to Intelligent Systems of $123,000 ($0.01 per basic and diluted share) compared to a net loss attributable to Intelligent Systems of $424,000 ($0.05 per basic and diluted share) in the third quarter of 2015. The strong revenue growth for the quarter while maintaining operating expenses below the comparable period in the prior year resulted in a $547,000 positive swing in profits for the third quarter of 2016 as compared to the same period in 2015.</p>  <p align="justify">For the year-to-date period ended September 30, 2016, the company recorded net loss attributable to Intelligent Systems Corporation of $1,032,000 ($0.12 per basic and diluted share). Included in the year-to-date loss is a previously reported $750,000 impairment charge reducing the carrying value of our minority equity ownership in an early stage sensor technology company. In the comparable nine month period in 2015, the company recorded net income attributable to Intelligent Systems of $17,080,000 ($1.93 per basic share and $1.91 per diluted share). The dramatic change between periods reflects the gain of $18,726,000 on the sale of the company&#8217;s former ChemFree subsidiary in the year-to-date period in 2015. &#160;As previously reported, the company sold its ChemFree subsidiary on March 31, 2015 and consequently has classified the ChemFree business as discontinued operations for all periods presented.</p>  <p align="justify">&#8220;Being up year-over-year for the third quarter in revenue and earnings from on-going CoreCard operations translated into the same results for Intelligent Systems and is welcome from both a management and shareholder perspective,&#8221; said Leland Strange, CEO of Intelligent Systems. &#8220;I can imagine some shareholders feel like I do &#8211; &#8216;it&#8217;s about time&#8217;! &#160;We feel good about the rest of the year while cautioning that we will continue to add resources and infrastructure to take advantage of the unique combination of technology, people and capabilities that CoreCard offers in the FinTech arena. We will still see some variations on a quarter-to-quarter basis as revenue recognition is somewhat dependent on when some of our larger customers determine to &#8216;pull the trigger&#8217; and go live.&#8221;</p>  <p align="justify">The company will file its Form 10-Q for the period ended September 30, 2016 with the Securities and Exchange Commission today, November 14, 2016. For additional information about reported results, investors will be able to access the Form 10-Q on the company&#8217;s website at www.intelsys.com or on the SEC site, www.sec.gov.&#160;</p>  <p align="justify"><strong>About Intelligent Systems Corporation</strong></p>  <p align="justify">For over thirty-five years, Intelligent Systems Corporation (NYSE MKT:INS) has identified, created, operated and grown technology companies. The company&#8217;s principal continuing operations include CoreCard Software, Inc. (www.corecard.com) and its affiliate companies. CoreCard designs, develops, and markets a comprehensive suite of software solutions to corporations, financial institutions, retailers and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, loyalty programs, and accounts receivable and small loan transactions. CoreCard is a unique partner for FinTech innovators by providing them a comprehensive platform for their payment and processing solutions. CoreCard also offers prepaid and credit card processing services using its proprietary software solutions. &#160; Further information is available on the company&#8217;s website at www.intelsys.com or by calling the company at 770/381-2900.</p>  <p align="justify"><em>In addition to historical information, this news release may contain forward-looking statements relating to Intelligent Systems Corporation and its subsidiary and affiliated companies. These statements include all statements that are not statements of historical fact regarding the intent, belief or expectations of Intelligent Systems Corporation and its management with respect to, among other things, results of operations, product plans, and financial condition. The words "may," "will," "anticipate," "believe," "intend," "expect," "estimate," "plan," "strategy" and similar expressions are intended to identify forward-looking statements.&#160; Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. The company does not undertake to update or revise any forward-looking statements whether as a result of new developments or otherwise, except as required by law. Among the factors that could cause actual results to differ materially from those indicated by such forward-looking statements are instability in the financial markets, delays in product development, undetected software errors, competitive pressures, changes in customers&#8217; requirements or financial condition, market acceptance of products and services, and declines in general economic and financial market conditions, particularly those that cause businesses to delay or cancel purchase decisions.</em></p> <table style="border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; "><tr><td style="vertical-align: top ; ">&#160;</td><td colspan="14" style="vertical-align: top ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">&#160;</td><td colspan="14" style="vertical-align: top ; text-align: center ;  vertical-align: bottom; "><strong>CONSOLIDATED STATEMENTS OF OPERATIONS</strong></td><td style="text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">&#160;</td><td colspan="14" style="vertical-align: top ; text-align: center ;  vertical-align: bottom; "><em>(unaudited, in thousands, except share and per share amounts)</em></td><td style="text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">&#160;</td><td colspan="14" style="vertical-align: top ; ">&#160;</td><td style="text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; "><strong>&#160;</strong></td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td colspan="5" style="vertical-align: top ; text-align: center ;  vertical-align: bottom; "><strong>Three Months Ended Sept. 30,&#160;</strong><strong><br></strong></td><td style="vertical-align: top ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td colspan="5" style="vertical-align: top ; text-align: center ;  vertical-align: bottom; "><strong>Nine Months Ended Sept. 30,</strong><strong><br></strong></td><td style="text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; "><strong>&#160;</strong></td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: bottom ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: center ;  vertical-align: bottom; "><strong>2016</strong></td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: bottom ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; "><strong>2015</strong></td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: bottom ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: center ;  vertical-align: bottom; "><strong>2016</strong></td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: bottom ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; "><strong>2015</strong></td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; ">Revenue</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Products</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">518</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">139</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">896</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">413</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; border-bottom: solid black 1pt ; ">Services</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">2,131</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,093</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">4,948</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">3,096</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 15.0px; ">Total net revenue</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">2,649</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,232</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">5,844</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">3,509</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; ">Cost of revenue</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Products</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">449</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">55</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">571</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">166</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; border-bottom: solid black 1pt ; ">Services</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">976</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">603</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">2,342</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,774</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 15.0px; ">Total cost of revenue</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,425</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">658</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">2,913</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,940</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; ">Expenses</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Marketing</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">80</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">58</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">274</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">180</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">General and administrative</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">376</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">433</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,315</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,527</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; border-bottom: solid black 1pt ; ">Research and development</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">637</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">703</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,893</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">2,114</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">Gain (loss) from operations</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">131</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(620</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(551</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(2,252</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: bottom ; ">Other income (loss)</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">37</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">46</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">(606</td><td style="vertical-align: top ; ">)<sup>1</sup></td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">74</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">Income (loss) from continuing operations before income taxes</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">168</td><td style="border-top: solid black 1pt ; padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(574</td><td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(1,157</td><td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(2,178</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">Income taxes</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(3</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">3</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; ">Income (loss) from continuing operations</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">168</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(574</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(1,154</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(2,181</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td></tr><tr><td class="hugin">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: bottom ; ">Gain on sale of discontinued operations, net of taxes</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-top: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">18,726</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; "><sup>2</sup></td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">Loss from discontinued operations, net of taxes</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">--</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(3</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td></tr><tr><td class="hugin">&#160;</td><td style="vertical-align: top ; ">Net income (loss)</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">168</td><td style="padding-left: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(574</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(1,154</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">16,542</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">Net (income) loss attributable to noncontrolling interest</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(45</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">150</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">122</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">538</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">Net income (loss) attributable to Intelligent Systems Corporation</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">$</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">123</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: bottom ; ">$</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">(424</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: bottom ; ">)</td><td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: bottom ; ">$</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">(1,032</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: bottom ; ">)</td><td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: bottom ; ">$</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: right ;  vertical-align: bottom; ">17,080</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; text-align: left ;  vertical-align: bottom; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; ">Earnings (loss) per share attributable to Intelligent Systems Corporation:</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: solid black 1pt ; ">Basic earnings (loss) per share</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="border-top: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">0.01</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(0.05</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(0.12</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1.93</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">Diluted earnings (loss) per share</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="border-top: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">0.01</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(0.05</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(0.12</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)&#160;</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">$</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1.91</td><td style="border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td class="hugin">Basic weighted average common shares outstanding</td><td style="border-top: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,731,299</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,731,299</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,731,299</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,832,067</td><td style="border-top: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">Diluted weighted average common shares outstanding</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,868,692</td><td style="border-bottom: double black 3pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,731,299</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,731,299</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">8,921,677</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td></tr></table> <ol type="1"><li><em>Includes write-down of $750,000 on carrying value of investment in early stage technology company.</em></li><li><em>Reflects sale of ChemFree subsidiary on March 31, 2015.</em></li></ol> <table style="border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; border-collapse: collapse; "><tr><td class="hugin" colspan="7">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td colspan="7" style="text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td colspan="7" style="text-align: center ;  vertical-align: bottom; "><strong>CONSOLIDATED BALANCE SHEETS</strong></td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td colspan="7" style="text-align: center ;  vertical-align: bottom; "><em>(in thousands)</em></td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin" colspan="7">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td style="border-bottom: solid black 1pt ; "><strong>As of</strong></td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: center ;  vertical-align: bottom; "><strong>September 30, 2016</strong></td><td style="vertical-align: top ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: center ;  vertical-align: bottom; "><strong>December 31, 2015</strong></td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td style="border-bottom: solid black 1pt ; "><strong>ASSETS</strong></td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; text-align: center ;  vertical-align: bottom; ">(unaudited)</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; text-align: center ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; text-align: center ;  vertical-align: bottom; ">(audited)</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">Current assets:</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Cash</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">16,203</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">18,059</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Marketable securities</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">431</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">396</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Accounts receivable, net</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">852</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">962</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Other current assets</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,063</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">2,846</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; border-bottom: solid black 1pt ; ">Restricted cash</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">2,200</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">2,200</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="border-bottom: solid black 1pt ; vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 15.0px; ">Total current assets</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">20,749</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">24,463</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">Investments</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">233</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">1,015</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">Property and equipment, at cost less accumulated depreciation</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">610</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">636</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">Other long-term assets</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">99</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">59</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; vertical-align: top ; ">Total assets</td><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">21,691</td><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">26,173</td><td style="border-top: solid black 1pt ; border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td style="text-align: right ;  vertical-align: bottom; ">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td style="text-align: right ;  vertical-align: bottom; ">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td></tr><tr><td style="border-bottom: solid black 1pt ; vertical-align: top ; "><strong>LIABILITIES AND STOCKHOLDERS&#8217; EQUITY</strong></td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">Current liabilities:</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Accounts payable</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">222</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">78</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Deferred revenue, current portion</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">1,446</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">1,830</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Accrued payroll</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">578</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">495</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Accrued expenses</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">31</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">25</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; ">Other current liabilities</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">288</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">243</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 10.0px; border-bottom: solid black 1pt ; ">Liabilities from discontinued operations</td><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="vertical-align: top ; text-align: right ;  vertical-align: bottom; ">--</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">120</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="border-bottom: solid black 1pt ; vertical-align: top ; vertical-align: bottom;   text-align: left;   padding-left: 15.0px; ">Total current liabilities</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">2,565</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">2,791</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">Deferred revenue, net of current portion</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">89</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">195</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">Other long-term liabilities</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">18</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">18</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">Total Intelligent Systems Corporation stockholders&#8217; equity</td><td style="vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">22,022</td><td style="padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">26,048</td><td style="padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">Noncontrolling interest</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">(3,003</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">)</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">(2,879</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: left ;  vertical-align: bottom; ">)</td></tr><tr><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">Total stockholders&#8217; equity</td><td style="border-bottom: solid black 1pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">19,019</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">&#160;</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">23,169</td><td style="border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td style="border-bottom: double black 3pt ; vertical-align: top ; ">Total liabilities and stockholders&#8217; equity</td><td style="border-bottom: double black 3pt ; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">21,691</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td><td style="border-bottom: double black 3pt ; padding-right: 0 ; vertical-align: top ; text-align: right ;  vertical-align: bottom; ">$</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">26,173</td><td style="border-bottom: double black 3pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: bottom; vertical-align: top ; ">&#160;</td></tr><tr><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td><td class="hugin">&#160;</td></tr></table> <p align="left"><br></p>  <p>&#160;<br></p></p><p>For further information, call<br>Karen Reynolds, 770-564-5503<br>or email to karen@intelsys.com</p></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
