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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 4,216 $ 5,565
Accounts receivable, net 5,727 4,141
Inventories, net 2,132 2,218
Deferred taxes 2,508 2,869
Prepaid expenses and other current assets 792 775
Total current assets 15,375 15,568
Property and equipment, net 1,620 1,575
Intangible assets, net 658 763
Goodwill 2,066 2,066
Deferred taxes 15,994 17,343
Other assets 93 106
TOTAL ASSETS 35,806 37,421
Current liabilities:    
Accounts payable and accrued expenses 3,847 3,296
Deferred revenue 3,203 2,846
Current portion of pension liability 783 704
Current portion of term loan 135 326
Capital lease obligations 38 34
Total current liabilities 8,006 7,206
Pension liability 2,664 1,519
Deferred revenue 765 642
Term loan   136
Other liabilities 329 308
Total liabilities 11,764 9,811
Commitments and contingencies      
Preferred stock, par value without designation Authorized - 1,000,000 shares, Issued - none      
Common stock, par value $.01 Authorized - 150,000,000 shares Issued and outstanding – 16,639,704 and 16,053,945 at December 31, 2011 and 2010, respectively 166 161
Additional paid-in capital 83,407 81,793
Accumulated deficit (58,103) (53,857)
Accumulated other comprehensive loss (1,428) (487)
Total shareholders’ equity 24,042 27,610
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 35,806 $ 37,421