Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 1,008 $ 1,757
Trade accounts receivable, less allowance for doubtful accounts of $235 and $210 3,871 4,353
Inventories 4,864 4,969
Other assets 878 743
Total current assets 10,621 11,822
Property and equipment:    
Property and equipment 1,397 1,308
Accumulated depreciation and amortization (649) (551)
Net property and equipment 748 757
Goodwill 21,523 21,523
Intangible assets, less accumulated amortization of $4,185 and $3,732 17,413 17,869
Other assets, net 292 291
Total assets 50,597 52,262
Current Liabilities:    
Accounts payable 4,447 6,109
Accrued liabilities 2,492 2,553
Accrued compensation and benefits 1,107 1,077
Deferred revenue 995 960
Customer deposits 239 132
Other current liabilities 675 860
Purchase price obligations-current 1,553 1,927
Total current liabilities 11,508 13,618
Purchase price obligation-noncurrent 858 960
Deferred revenue-noncurrent 190 130
Related party note payable 3,500  
Dividends payable 1,294 1,044
Other liabilities 82 63
Total liabilities 17,432 15,815
Commitments and contingencies      
Stockholders' Equity:    
Common stock, $.001 par value, 150,000 shares authorized, 82,634 and 82,095 issued and outstanding at March 31, 2014 and December 31, 2013, respectively 83 82
Additional paid-in capital 82,641 82,574
Accumulated deficit (70,618) (67,111)
Total stockholders' equity 22,042 25,481
Total liabilities and stockholders' equity 50,597 52,262
Series E Redeemable Convertible Preferred Stock
   
Temporary Equity:    
Redeemable convertible preferred stock 5,807 5,738
Series F Redeemable Convertible Preferred Stock
   
Temporary Equity:    
Redeemable convertible preferred stock 5,316 5,228
Series C Convertible Preferred Stock
   
Stockholders' Equity:    
Preferred stock $ 9,936 $ 9,936