Annual report pursuant to section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 1,757 $ 4,434
Trade accounts receivable, less allowance for doubtful accounts of $210 and $57 4,353 1,307
Inventories 5,423 2,576
Other assets 743 391
Total current assets 12,276 8,708
Property and equipment:    
Machinery and equipment 751 272
Furniture and fixtures 204 126
Computers and software 239 173
Construction in process 63  
Leasehold improvements 51 130
Property and equipment 1,308 701
Accumulated depreciation and amortization (551) (381)
Net property and equipment 757 320
Goodwill 21,069 10,166
Intangible assets, less accumulated amortization of $3,732 and $873 17,869 12,053
Other assets, net 291 30
Total assets 52,262 31,277
Current Liabilities:    
Accounts payable 6,109 2,631
Accrued liabilities 2,553 867
Accrued compensation and benefits 1,077 219
Related party payable   8
Deferred revenue 960 30
Customer deposits 132 1,398
Other current liabilities 860  
Purchase price obligations-current 1,927 1,949
Seesmart notes payable obligations   3,421
Total current liabilities 13,618 10,523
Purchase price obligation-noncurrent 960  
Deferred revenue-noncurrent 130 58
Dividends payable 1,044  
Other liabilities 63  
Total liabilities 15,815 10,581
Commitments and contingencies      
Stockholders' Equity:    
Common stock, $.001 par value, 150,000 and 120,000 shares authorized, 82,095 and 70,213 issued and outstanding at December 31, 2013 and 2012, respectively 82 70
Additional paid-in capital 82,574 60,036
Accumulated deficit (67,111) (50,290)
Total stockholders' equity 25,481 20,696
Total liabilities and stockholders' equity 52,262 31,277
Series E Convertible Redeemable Preferred Stock
    
Temporary Equity:    
Redeemable convertible preferred stock 5,738  
Series F Convertible Redeemable Preferred Stock
    
Temporary Equity:    
Redeemable convertible preferred stock 5,228  
Series C Convertible Preferred Stock
    
Stockholders' Equity:    
Preferred stock 9,936 9,936
Series B Convertible Preferred Stock
    
Stockholders' Equity:    
Preferred stock      
Series D Convertible Preferred Stock
    
Stockholders' Equity:    
Preferred stock   $ 944