RESTATEMENT OF PREVIOUSLY ISSUED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Tables)

9 Months Ended

Jun. 30, 2013

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 and comprehensive income (loss) items for the three and nine months ended June 30, 2012:

	Three months ended June 30, 2012								Nine months ended June 30, 2012
	As Reported			Adjustment		Restated			As Reported			Adjustment		Restated
Total revenue	$	7,186		$	-	$	7,186		$	21,668				$	21,668
Total cost of revenue		5,127			-		5,127			16,984					16,984
Gross profit		2,059			-		2,059			4,684			-		4,684
Total operating expenses		1,976			-		1,976			7,544					7,544
Restructuring charges		623			-		623			687			-		687
Operating income (loss)		(540	)		-		(540	)		(3,547	)		-		(3,547	)
Interest expense		(172	)		-		(172	)		(540	)				(540	)
Change in fair value of warrant liability - decrease		-			458		458			-			458		458
Other income		8			-		8			8			-		8
Income (loss) before income taxes		(704	)		458		(246	)		(4,079	)		458		(3,621	)
Income tax expense		-			-		-			-					-
Net income (loss)		(704	)		458		(246	)		(4,079	)		458		(3,621	)
Other comprehensive income (loss):
Foreign currency translation adjustment		(17	)		-		(17	)		4			-		4
Comprehensive income (loss)	$	(721	)	$	458	$	(263	)	$	(4,075	)	$	458	$	(3,617	)
Basic EPS	$	(0.10	)	$	0.07	$	(0.03	)	$	(0.58	)	$	0.07	$	(0.51	)
Diluted EPS	$	(0.10	)	$	0.07	$	(0.03	)	$	(0.58	)	$	0.07	$	(0.51	)

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

	September 30, 2012
	As Reported			Adjustment			Restated
Total assets	$	26,975					$	26,975
Total other current liabilities		11,387						11,387
Fair value of warrant liability		-			1,213			1,213
Total current liabilities		11,387			1,213			12,600
Other long-term debt		5,998						5,998
Total liabilities		17,385			1,213			18,598
Shareholders' equity:
Preferred Shares		1,335			-			1,335
Common Shares		1,871			-			1,871
Additional paid-in capital		20,451			(816	)		19,635
Accumulated deficit		(14,096	)		(397	)		(14,493	)
Accumulated other comprehensive income		29						29
Total shareholders' equity		9,590			(1,213	)		8,377
Total liabilities and shareholders' equity	$	26,975		$	-		$	26,975