XML 39 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities:    
Net income (loss) $ (270) $ 57
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 55 40
Stock-based compensation 98 70
Penalties and waived penalties on dividends 6 7
Changes in operating assets and liabilities:    
Accounts receivable (208) (660)
Inventories   (7)
Prepaid expenses and other assets 30 4
Accounts payable and accrued expenses (106) 212
Deferred revenue (102) 397
Net cash provided by (used in) operating activities (497) 120
Investing Activities:    
Purchases of property and equipment (12) (17)
Financing Activities:    
Proceeds from line of credit   508
Payments of dividends (439) (328)
Proceeds from stock options exercised 47  
Principal payments on capital leases (40) (34)
Net cash provided by (used in) financing activities (432) 146
Net increase (decrease) in cash and cash equivalents (941) 249
Cash and cash equivalents at beginning of period 1,139 52
Cash and cash equivalents at end of period 198 301
Cash paid during the year for interest   5
SUPPLEMENTAL DISCLOSURE OF NON CASH FINANCING ACTIVITIES:    
Preferred stock dividends accrued 37 37
Purchase of leased equipment under capital lease 177  
Conversion of preferred shares to common stock $ 93