v2.4.0.6
Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,283,000 $ 4,413,000
Restricted cash securing letters of credit 4,635,000  
Accounts receivable, net 2,433,000 2,597,000
Inventories, net 20,521,000 32,083,000
Prepaid expenses and other current assets 1,412,000 3,643,000
Total current assets 30,284,000 42,736,000
Property and equipment, net 5,714,000 5,705,000
Other assets, net 545,000 185,000
Total assets 36,543,000 48,626,000
Current liabilities:    
Revolving credit facility, expiring November 2015 5,311,000  
Accounts payable 13,722,000 10,192,000
Allowance for sales returns 2,081,000 3,124,000
Accrued expenses and other current liabilities 2,720,000 4,446,000
Deferred revenue 4,381,000 4,235,000
Embedded derivative financial liability to related-party stockholders 379,000  
Notes and interest payables to related-party stockholders, net 2,599,000  
Total current liabilities 31,193,000 21,997,000
Deferred rent liability 413,000 373,000
Total liabilities 31,606,000 22,370,000
Bluefly, Inc. stockholders’ equity:    
Common stock – $0.01 par value; 50,000,000 shares authorized as of December 31, 2012 and 2011, respectively; 28,937,331 and 28,629,296 shares issued as of December 31, 2012 and 2011, respectively, 28,598,933 and 28,290,898 shares outstanding as of December 31, 2012 and 2011, respectively 286,000 283,000
Treasury stock (1,824,000) (1,824,000)
Additional paid-in capital 193,574,000 190,296,000
Accumulated deficit (187,099,000) (162,485,000)
Total Bluefly, Inc. stockholders’ equity 4,937,000 26,270,000
Non-controlling interest in Eyefly LLC   (14,000)
Total stockholders’ equity 4,937,000 26,256,000
Total liabilities and stockholders’ equity $ 36,543,000 $ 48,626,000