XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash $ 3,597 $ 3,909
Accounts receivable, net 6,068 5,524
Inventories 6,026 5,919
Prepaid expenses and other current assets 1,431 1,462
Total current assets 17,122 16,814
Property and equipment, net 1,402 1,459
Intangible assets, net 3,274 3,508
Goodwill 5,767 5,870
Other assets 1,009 718
Total assets 28,574 28,369
Current liabilities:    
Line of credit 2,684 2,258
Accounts payable 6,044 5,370
Accrued expenses and other current liabilities 5,434 6,002
Income taxes payable 1,411 1,058
Total current liabilities 15,573 14,688
Shareholder notes payable 7,565 7,549
Deferred tax liability 666 686
Total liabilities 23,804 22,923
Commitments and contingencies (Note 13)      
Stockholders’ equity:    
Preferred stock, par value $0.01 per share: authorized 100,000; no shares issued and outstanding      
Common stock, par value $0.01 per share: authorized 24,000,000; issued and outstanding 10,150,575 and 9,299,253 shares at March 31, 2014 and December 31, 2013, respectively 102 93
Additional paid-in capital 191,696 188,108
Accumulated other comprehensive loss (1,473) (1,036)
Accumulated deficit (185,555) (181,719)
Total stockholders’ equity 4,770 5,446
Total liabilities and stockholders’ equity $ 28,574 $ 28,369