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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 2,309 $ 1,609
Accounts receivable, net 9,719 7,627
Inventories, net 2,619 3,005
Other current assets 826 1,191
Total current assets 15,473 13,432
PROPERTY AND EQUIPMENT:    
Equipment 11,519 11,369
Furniture, fixtures & leasehold improvements 3,877 3,877
Property and equipment, gross 15,396 15,246
Less: accumulated depreciation (14,076) (13,764)
Property and equipment, net 1,320 1,482
OTHER ASSETS:    
Goodwill 6,918 6,918
Intangibles, net 7,549 7,964
Other assets 149 210
Assets 31,409 30,006
CURRENT LIABILITIES:    
Current maturities of long-term debt 2,825 462
Accounts payable 4,743 4,871
Accrued compensation 1,028 1,129
Accrued expenses 2,698 2,550
Deferred revenue 952 1,035
Other liabilities 1,067 1,068
Total current liabilities 13,313 11,115
LONG TERM LIABILITIES:    
Long-term debt, less current maturities 4,850 7,375
Common stock warrant liability 560 145
Accrued preferred stock dividend 0 3,130
Other long-term liabilities 1,762 1,688
Total liabilities 20,485 23,453
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value, 15,000,000 shares authorized, 4,029,502 shares issued and outstanding 40 40
Common stock, $0.01 par value, 150,000,000 shares authorized, 12,328,918 and 8,084,471 shares issued and outstanding, respectively [1] 123 81
Additional paid-in capital [1] 197,187 189,680
Accumulated other comprehensive income 348 340
Accumulated deficit (186,774) (183,588)
Total stockholders’ equity 10,924 6,553
Liabilities and stockholders' equity $ 31,409 $ 30,006
[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.