XML 42 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities        
Net loss $ (2,773) $ (8,590) $ (10,190) $ (3,180)
Adjustments to reconcile net loss to net cash used by operating activities:        
Depreciation and amortization 26 12 69 28
Amortization of debt discount and debt issuance costs     15 4,448
Reduction in accounts payable and accrued liabilities from the expiration of statute of limitations (104) (230) (336)   
Change in fair value of derivative liabilities 1,176 7,536 4,712 (3,970)
Warrants issued in lieu of cash paid for services 1    27 13
Stock-based compensation 126 150 608 289
Change in assets and liabilities        
Accounts receivable (204) (28) 20 (109)
Inventory (109) (38) (217) (33)
Other assets (6) (59) (20) (9)
Accounts payable (105) (138) (8) (58)
Deferred revenue 25 379 494 (7)
Accrued expenses (53) (223) (737) 570
Billings in excess of costs and estimated earnings on uncompleted contracts        (241)
Pension obligation 3 13 10 (10)
Total adjustments 776 7,374 4,637 911
Net cash used in operating activities (1,997) (1,216) (5,553) (2,269)
Cash flows from investing activities        
Purchase of property and equipment (49) (77) (181) (11)
Net cash used in investing activities (49) (77) (181) (11)
Cash flows from financing activities        
Proceeds from issuance of notes payable        1,250
Proceeds from exercised stock options 2    7 4
Proceeds from exercised warrants to purchase stock 16    3,527 655
Dividends paid    (178) (229)   
Repayment of notes payable    (45) (45) (1,500)
Proceeds from issuance of common stock and warrants, net        8,544
Net cash provided by (used in) financing activities 18 (223) 3,260 8,953
Effect of exchange rate changes on cash 8 (34) (74) (3)
Net decrease in cash and cash equivalents (2,020) (1,550) (2,548) 6,670
Cash and cash equivalents at beginning of period 4,225 6,773 6,773 103
Cash and cash equivalents at end of period 2,205 5,223 4,225 6,773
Supplemental disclosure of cash flow information:        
Cash paid for interest            
Cash paid for income taxes            
Summary of non-cash investing and financing activities:        
Reclassification of warrants previously classified as derivative liabilities to additional paid-in capital 626 13,588 13,588   
Issuance of common stock warrants securing line of credit borrowing facility 580       
Conversion of notes payable and related interest to common stock        5,637
Beneficial conversion feature of convertible debt       188
Warrants issued for intangible asset purchase     87   
Contingent royalty payment     72   
Acquisition of intangible assets with warrants     (159)   
Issuance of common stock pursuant to cashless warrant exercises     704 12
Conversion of preferred stock into common stock        1,599
Reclassification of previously bifurcated conversion option on warrants and preferred stocks        5,672
Warrants issued with notes payable        $ 188