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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 4,747 $ 4,946
Short term investments 3,998 0
Accounts receivable, net 8,157 7,573
Inventories, net 4,406 3,859
Other current assets 1,186 820
Total current assets 22,494 17,198
PROPERTY AND EQUIPMENT:    
Equipment 10,819 10,143
Furniture, fixtures & leasehold improvements 3,762 3,682
Property, Plant and Equipment, Gross 14,581 13,825
Less: accumulated depreciation (12,490) (11,969)
Property, Plant and Equipment, Net 2,091 1,856
OTHER ASSETS:    
Goodwill 6,674 6,440
Intangibles, net 11,485 7,966
Other assets 143 102
Assets 42,887 33,562
CURRENT LIABILITIES:    
Accounts payable 1,517 2,609
Accrued compensation 1,058 1,133
Short term debt 0 3,082
Current maturities of long term debt 6,957 3,703
Accrued expenses 3,627 2,782
Deferred revenue 1,279 1,377
Other liabilities 1,067 1,042
Accrued preferred stock dividend 1,095 600
Total current liabilities 16,600 16,328
LONG TERM LIABILITIES:    
Long term debt less current maturities 448 4,937
Common stock warrant liability 2,100 0
Other long-term liabilities 1,163 1,249
Total liabilities 20,311 22,514
STOCKHOLDERS’ EQUITY:    
Series A preferred stock, $.01 par value, 15,000,000 shares authorized, 2,586,205 shares issued and outstanding 26 26
Common stock, $.01 par value, 150,000,000 shares authorized, 71,645,725 and 49,625,725 shares issued and outstanding, respectively 721 501
Additional paid-in capital 170,706 152,987
Accumulated other comprehensive income 434 336
Accumulated deficit (149,311) (142,802)
Total stockholders’ equity 22,576 11,048
Liabilities and equity $ 42,887 $ 33,562