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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 11,164,000 $ 5,455,000
Accounts receivable, net of allowances of $300 (unaudited) and $184, respectively 884,000 641,000
Prepaid expenses and other current assets 3,407,000 1,822,000
Total current assets 15,455,000 7,918,000
Broadcast equipment and fixed assets, net 3,423,000 3,237,000
Software development costs, net of accumulated amortization of $2,825 (unaudited) and $2,371, respectively 1,477,000 2,317,000
Deferred costs 908,000 562,000
Goodwill (Note 3) 1,181,000 1,179,000
Intangible assets, net (Note 3) 48,000 160,000
Other assets 84,000 84,000
Total assets 22,576,000 15,457,000
Current Liabilities:    
Accounts payable 797,000 553,000
Accrued compensation 613,000 647,000
Accrued expenses 730,000 660,000
Sales taxes payable 165,000 181,000
Income taxes payable 61,000 81,000
Notes payable - current portion (Note 7) 1,454,000 631,000
Obligations under capital lease - current portion 27,000 25,000
Deferred revenue 1,374,000 593,000
Other current liabilities 153,000 237,000
Total current liabilities 5,374,000 3,608,000
Notes payable, excluding current portion 2,265,000 962,000
Obligations under capital leases, excluding current portion 44,000 58,000
Deferred revenue, excluding current portion 412,000 798,000
Deferred rent 765,000 829,000
Total liabilities 8,860,000 6,255,000
Commitments and contingencies (Note 8)      
Shareholders' Equity:    
Series A 10% cumulative convertible preferred stock, $.005 par value, $156 liquidation preference, 5,000 shares authorized; 156 shares issued and outstanding at June 30, 2014 and December 31, 2013. 1,000 1,000
Common stock, $.005 par value, 168,000 shares authorized; 91,663 and 78,649 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively. 458,000 393,000
Treasury stock, at cost, 503 shares at June 30, 2014 and December 31, 2013, respectively (456,000) (456,000)
Additional paid-in capital 127,881,000 121,432,000
Accumulated deficit (114,804,000) (112,799,000)
Accumulated other comprehensive income (Note 9) 636,000 631,000
Total shareholders' equity 13,716,000 9,202,000
Total liabilities and shareholders' equity $ 22,576,000 $ 15,457,000