XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash $ 742 $ 789
Accounts receivable, net 11,642 10,984
Inventory 5,580 4,556
Prepaid expenses 304 293
Deferred tax assets 1,365 1,384
Other current assets 22 42
Total current assets 19,655 18,048
Property and equipment, net 3,446 3,422
Deposits 168 170
Deferred financing fees, net 135 145
Intangible assets, net 233 0
Goodwill 251 0
Total Assets 23,888 21,785
Current Liabilities:    
Line of credit 4,385 3,289
Current portion of notes payable and other obligations 135 131
Accounts payable 2,524 2,189
Income taxes payable 1,614 1,567
Accrued payroll and payroll taxes 937 702
Deferred rent 315 296
Current portion of contingent consideration 21 0
Other accrued liabilities 1,391 1,574
Total current liabilities 11,322 9,748
Notes payable and other obligations, less current portion 223 258
Deferred rent 1,062 1,156
Deferred tax liabilities 483 483
Warranty liability 20 0
Contingent consideration, less current portion 114 0
Total liabilities 13,224 11,645
Stockholders' Equity:    
Preferred stock, $.001 par value, 10,000,000 shares authorized, no shares issued or outstanding      
Common stock, $.001 par value, 100,000,000 shares authorized, 31,083,109 and 30,816,631 shares issued and outstanding at March 31, 2012, and December 31, 2011, respectively. 31 31
Paid-in capital 5,300 5,096
Retained earnings 5,333 5,013
Total stockholders' equity 10,664 10,140
Total liabilities and stockholders' equity $ 23,888 $ 21,785