|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2012
|
Dec. 31, 2011
|
Dec. 31, 2010
|
| ASSETS |
|
|
|
| Cash and cash equivalents |
$ 5,832 |
$ 7,571 |
$ 7,796 |
| Investments |
7,245 |
5,745 |
3,100 |
| Accounts receivable, net |
4,644 |
5,576 |
5,150 |
| Inventory, net |
2,800 |
2,760 |
1,905 |
| Prepaid expenses and other current assets |
1,255 |
1,008 |
777 |
| Total current assets |
21,776 |
22,660 |
18,728 |
| Long-term investments |
1,000 |
1,000 |
1,500 |
| Equipment, furniture and leasehold improvements, net |
6,521 |
5,980 |
3,287 |
| Intangible assets, net |
|
35 |
39 |
| Other assets |
|
92 |
92 |
| Other assets |
127 |
127 |
|
| Deferred tax asset |
8,165 |
8,165 |
9,056 |
| Total assets |
37,589 |
37,932 |
32,702 |
| LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
|
| Accounts payable |
883 |
961 |
1,100 |
| Accrued expenses |
1,886 |
2,246 |
|
| Accrued compensation |
|
1,283 |
1,975 |
| Other accrued expenses |
|
963 |
1,781 |
| Advance payments |
|
177 |
101 |
| Deferred revenue |
|
138 |
26 |
| Warrant liability |
|
|
7,694 |
| Other current liabilities |
|
299 |
170 |
| Other current liabilities |
383 |
614 |
|
| Total current liabilities |
3,152 |
3,821 |
12,847 |
| Warrant liability |
|
|
5,158 |
| Total liabilities |
|
3,821 |
18,005 |
| Commitments and contingencies (Note 11) |
|
|
|
| Shareholders' equity: |
|
|
|
| Preferred stock, $.001 par value: authorized 10,000,000 shares: Series B Convertible Preferred stock, (liquidation preference of $5,659,000) stated value $1,000 per share, $.001 par value |
|
|
|
| Common stock, $.001 par value: authorized 200,000,000 shares |
24 |
24 |
21 |
| Additional paid in capital |
221,616 |
220,838 |
206,298 |
| Accumulated deficit |
(187,108) |
(186,656) |
(191,622) |
| Treasury stock |
(95) |
(95) |
|
| Total shareholders' equity |
34,437 |
34,111 |
14,697 |
| Total liabilities and shareholders' equity |
$ 37,589 |
$ 37,932 |
$ 32,702 |