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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 1,191 $ 1,626
Accounts receivable, net 7,298 5,314
Inventories, net 4,009 3,957
Other current assets 879 938
Total current assets 13,377 11,835
PROPERTY AND EQUIPMENT:    
Equipment 11,376 11,255
Furniture, fixtures & leasehold improvements 3,876 3,874
Property, Plant and Equipment, Gross 15,252 15,129
Less: accumulated depreciation (13,416) (13,126)
Property, Plant and Equipment, Net 1,836 2,003
OTHER ASSETS:    
Goodwill 6,918 6,918
Intangibles, net 8,665 9,195
Other assets 295 327
Assets 31,091 30,278
CURRENT LIABILITIES:    
Current maturities of long-term debt 691 242
Accounts payable 3,537 2,860
Accrued compensation 1,213 1,330
Accrued expenses 2,040 2,037
Deferred revenue 1,212 1,088
Other liabilities 1,068 1,068
Total current liabilities 9,761 8,625
LONG TERM LIABILITIES:    
Long-term debt, less current maturities 6,211 6,318
Common stock warrant liability 350 600
Accrued preferred stock dividend 2,521 1,986
Other long-term liabilities 1,897 1,303
Total liabilities 20,740 18,832
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value, 15,000,000 shares authorized, 4,029,502 and 2,586,205 shares issued and outstanding, respectively 40 26
Common stock, $0.01 par value, 150,000,000 shares authorized, 7,353,695 and 7,353,695 shares issued and outstanding, respectively (1) 73 [1] 73 [1]
Additional paid-in capital (1) 186,920 [1] 179,459 [1]
Accumulated other comprehensive income 424 390
Accumulated deficit (177,106) (168,502)
Total stockholders’ equity 10,351 11,446
Liabilities and equity $ 31,091 $ 30,278
[1] The shares of common stock and additional paid-in capital for all periods presented reflect the one-for-twelve reverse stock split that took effect on January 27, 2014.