|
Consolidated Statements Of Cash Flows (USD $)
|
12 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2010
|
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
| Net income |
$ 1,034,000 |
$ 132,000 |
$ 380,000 |
| Adjustments to reconcile net income to cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
1,220,000 |
753,000 |
1,234,000 |
| Provision for doubtful accounts and sales returns |
63,000 |
(17,000) |
(50,000) |
| Loss on disposition of fixed assets |
1,000 |
|
|
| Share-based compensation |
879,000 |
264,000 |
192,000 |
| Non-cash interest expense on warrants |
79,000 |
|
|
| Changes in operating assets and liabilities: |
|
|
|
| Accounts receivable |
(1,467,000) |
(727,000) |
782,000 |
| Inventories |
(10,000) |
(10,000) |
26,000 |
| Prepaid expenses and other assets |
(222,000) |
(247,000) |
56,000 |
| Accounts payable, accrued expenses and other liabilities |
(206,000) |
632,000 |
(621,000) |
| Deferred revenue |
2,585,000 |
367,000 |
(430,000) |
| Cash provided by operating activities |
3,956,000 |
1,147,000 |
1,569,000 |
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
| Purchases of equipment and fixtures |
(146,000) |
(128,000) |
(110,000) |
| Purchase of intellectual property |
(8,616,000) |
|
|
| Capitalized software development costs |
(54,000) |
|
(3,000) |
| Decrease in restricted cash |
|
89,000 |
18,000 |
| Increase in other assets |
(3,000) |
(37,000) |
(3,000) |
| Cash used in investing activities |
(8,819,000) |
(76,000) |
(98,000) |
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
| Proceeds from exercise of stock options |
261,000 |
388,000 |
|
| Advances on line of credit |
1,500,000 |
|
|
| Repayments on line of credit |
(600,000) |
|
|
| Proceeds from issuance of note payable |
4,000,000 |
|
|
| Debt issuance costs |
(72,000) |
|
|
| Cash provided by financing activities |
5,089,000 |
388,000 |
|
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND EQUIVALENTS |
112,000 |
(128,000) |
(67,000) |
| INCREASE IN CASH AND EQUIVALENTS |
338,000 |
1,331,000 |
1,404,000 |
| CASH AND EQUIVALENTS, BEGINNING OF YEAR |
8,384,000 |
7,053,000 |
5,649,000 |
| CASH AND EQUIVALENTS, END OF YEAR |
8,722,000 |
8,384,000 |
7,053,000 |
| SUPPLEMENTAL CASH FLOW INFORMATION: |
|
|
|
| Income taxes paid |
92,000 |
32,000 |
35,000 |
| Interest paid |
$ 239,000 |
|
|