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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Jun. 30, 2011
ASSETS    
Cash and Cash equivalents $ 17,410 $ 3,794
Prepaid expenses 258 46
Other receivables 1,018 29
TOTAL CURRENT ASSETS 18,686 3,869
Restricted cash 695 695
Interest in corporate jet 1,347 1,511
Capitalized software costs 3,453 317
Equipment, net 1,457 79
Intellectual property, net 9,013 0
Goodwill 3,015 0
TOTAL ASSETS 37,666 6,471
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable and accrued expenses 1,901 1,105
Current portion of loan payable 51 49
Other current liabilities 2,822 0
Deferred revenue 484 0
TOTAL CURRENT LIABILITIES 5,258 1,154
Loans payable, less current portion 865 891
Other long-term liabilities 1,176 342
TOTAL LIABILITIES 7,299 2,387
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.001 par value, authorized 1,000,000 shares, no shares issued and outstanding 0 0
Common stock, $0.001 par value, authorized 300,000,000 shares, issued and outstanding 149,417,062shares as of December 31, 2011 and authorized 300,000,000 shares, issued and outstanding 134,941,797 shares as of June 30, 2011 153 139
Additional paid-in-capital 113,244 36,416
Accumulated deficit (83,030) (32,471)
TOTAL STOCKHOLDERS’ EQUITY 30,367 4,084
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 37,666 $ 6,471