RESTATEMENT OF PREVIOUSLY ISSUED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Tables)

3 Months Ended

Dec. 31, 2012

RESTATEMENT OF PREVIOUSLY ISSUED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS [Abstract]

Schedule of Effects of Restatement Adjustments

The following table summarizes the effects of the restatement adjustments, previously discussed, on the consolidated statements of operations items for the three months ended December 31:

	2012								2011
	As Reported			Adjustment		Restated			As Reported			Adjustment			Restated
Total revenue	$	5,803		$	-	$	5,803		$	7,516		$	-		$	7,516
Total cost of revenue		3,948			-		3,948			6,034			-			6,034
Gross profit		1,855			-		1,855			1,482			-			1,482
Total operating expenses		1,553			-		1,553			2,784			-			2,784
Operating income (loss)		302			-		302			(1,302	)		-			(1,302	)
Interest expense		(165	)		-		(165	)		(189	)		-			(189	)
Change in fair value of warrant liability - (increase) decrease		-			117		117			-			(56	)		(56	)
Other income		2			-		2			-			-			-
Income (loss) before income taxes		139			117		256			(1,491	)		(56	)		(1,547	)
Income tax expense		-			-		-			-						-
Net income (loss)		139			117		256			(1,491	)		(56	)		(1,547	)
Other comprehensive income (loss):
Foreign currency translation adjustment		8			-		8			(1	)		-			(1	)
Comprehensive income (loss)	$	147		$	117	$	264		$	(1,492	)	$	(56	)	$	(1,548	)
Basic EPS	$	0.02		$	0.01	$	0.03		$	(0.21	)	$	(0.01	)	$	(0.22	)
Diluted EPS	$	0.02		$	0.01	$	0.03		$	(0.21	)	$	(0.01	)	$	(0.22	)

The following table summarizes the effects of the restatement adjustments, previously discussed, on the consolidated balance sheet items as of December 31, 2012 and September 30, 2012:

	December 31, 2012									September 30, 2012
	As Reported			Adjustment			Restated			As Reported			Adjustment			Restated
Total assets	$	25,064		$	-		$	25,064		$	26,975		$	-		$	26,975
Total other current liabilities		14,543			-			14,543			11,387			-			11,387
Warrant liability		-			1,096			1,096			-			1,213			1,213
Total current liabilities		14,543			1,096			15,639			11,387			1,213			12,600
Other long-term debt		689			-			689			5,998			-			5,998
Total liabilities		15,232			1,096			16,328			17,385			1,213			18,598
Shareholders' equity:
Preferred Shares		1,335			-			1,335			1,335			-			1,335
Common Shares		1,876			-			1,876			1,871			-			1,871
Additional paid-in capital		20,541			(816	)		19,725			20,451			(816	)		19,635
Accumulated deficit		(13,957	)		(280	)		(14,237	)		(14,096	)		(397	)		(14,493	)
Accumulated other comprehensive income		37			-			37			29						29
Total shareholders' equity		9,832			(1,096	)		8,736			9,590			(1,213	)		8,377
Total liabilities and shareholders' equity	$	25,064		$	-		$	25,064		$	26,975		$	-		$	26,975