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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2014
May 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 1,230 $ 1,209
Accounts receivable (less allowance for uncollectible accounts of $18 as of August 31, 2014 and May 31, 2014) 568 666
Holdback Payment and Earn-Out Payments from CADRA Sale 600 547
Debt issuance costs, net 87 139
Prepaid and other assets 272 204
Total current assets 2,757 2,765
Property and equipment, net 84 95
Goodwill 948 948
Capitalized software development costs, net 291 319
Capitalized patent costs 108 106
Earn-Out Payments from CADRA Sale, net of current portion 334 348
Other assets 143 143
TOTAL ASSETS 4,665 4,724
LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY    
Accounts payable 196 483
Accrued expenses 492 503
Other current liabilities 104 104
Deferred maintenance revenue 1,196 1,462
Capital lease, current 19 19
Debt 1,529 973
Total current liabilities 3,536 3,544
Capital lease 44 47
Long-term debt 203 0
Total liabilities 3,783 3,591
Redeemable common stock, $0.10 par value, 110,000 and 50,000 shares issued and outstanding at August 31, 2014 and May 31, 2014, respectively. 770 275
Shareholders' equity :    
Common stock, $0.10 par value 20,000,000 shares authorized, 723,724 and 825,135 issued and outstanding at August 31, 2014 and May 31, 2014, respectively. 73 83
Capital in excess of par value 27,117 27,338
Accumulated deficit (26,653) (26,081)
Accumulated other comprehensive loss (425) (482)
Total shareholders' equity 112 858
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY $ 4,665 $ 4,724