XML 53 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash Flows from Operating Activities:    
Net income $ 2,500 $ 34,783
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 201 325
(Gain) loss from change in fair value of hybrid financial instruments 2,542 (28,549)
(Gain) loss from change in fair value of derivative liability - warrants (618) (3,514)
(Gain) loss from change in fair value of derivative liability - Series C and D preferred stock and debentures (273) (2,029)
Stock-based compensation 1 1
Gain on Extinguishment of Debt (4,247) (53)
Changes in operating assets and liabilities:    
Accounts receivable 80 (386)
Prepaid expenses and other assets 37 59
Accounts payable and accrued expenses 236 52
Deferred revenues and customer prepayments (792) (1,225)
Net cash used in operating activities (333) (536)
Cash Flows from Investing Activities:    
Net cash used in investing activities 0 0
Cash Flows from Financing Activities:    
Borrowing under long-term debenture note payable 292 110
Payments on short-term notes payable (56) (27)
Net cash (used) provided by financing activities 236 83
Effect of exchange rate changes on cash 0 (1)
Net change in cash and cash equivalents (97) (454)
Cash and cash equivalents, beginning of period 267 611
Cash and cash equivalents, end of period 170 157
Convertible Debt [Member]
   
Non-cash financing activities:    
Convertible debentures converted to common stock 758 4,233
Deemed dividend 0 726
Series C Preferred Stock [Member]
   
Non-cash financing activities:    
Preferred stock converted to common stock 459 24
Deemed dividend $ 0 $ 16