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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 1,109 $ 398
Receivables 2,060 [1] 2,970 [2]
Unbilled receivables 63 11
Inventories 2,875 4,852
Prepaids and other 729 532
Total current assets 6,836 8,763
Rental equipment 43,252 50,229
Less accumulated depreciation 27,060 30,173
Rental equipment, net 16,192 20,056
Property, plant and equipment 4,381 6,840
Less accumulated depreciation 2,316 4,571
Property, plant and equipment, net 2,065 2,269
Asset held for sale 696 920
Goodwill 744 810
Other assets 926 624
TOTAL ASSETS 27,459 33,442
Current liabilities:    
Accounts payable 1,589 2,459
Accrued liabilities 6,719 7,555
Current portion of long-term debt 4,444 16,378
Warrant liabilities 5,408  
Total current liabilities 18,160 26,392
Long-term debt:    
Notes payable 512 2,335
Deferred pension liability and other 4,930 4,685
Total liabilities 23,602 33,412
Redeemable convertible preferred stock 6,138 [3]  
Stockholders’ equity (deficit):    
Common Stock 5,071 [4] 2,827 [5]
Additional paid-in-capital 12,620 14,279
Accumulated deficit (13,443) (12,025)
Accumulated other comprehensive loss (3,466) (1,988)
Treasury stock - at cost (3,063) [6] (3,063) [7]
Total stockholders’ equity (deficit) (2,281) 30
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 27,459 $ 33,442
[1] less allowance of $884 - 2011
[2] less allowance of $1,326 - 2010
[3] $1 par value - 500,000 authorized, 416,500 Series A convertible preferred shares issued in 2011
[4] $1 par value - 5,500,000 shares authorized,5,070,424 common shares issued in 2011
[5] $1 par value - 5,500,000 shares authorized,2,826,424 common shares issued in 2010
[6] 383,596 common shares in 2011
[7] 383,596 common shares in 2010