|
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Funds Provided (Used) - Operating Activities |
|
|
|
|
| Net loss |
$ (698) |
$ (539) |
$ (1,912) |
$ (1,719) |
| Depreciation |
10 |
9 |
27 |
26 |
| Stock-based compensation |
14 |
13 |
43 |
37 |
| Accounts receivable write-off |
0 |
0 |
0 |
52 |
| Total Adjustments |
(674) |
(517) |
(1,842) |
(1,604) |
| Changes in assets and liabilities |
|
|
|
|
| Accounts receivable |
245 |
(17) |
118 |
133 |
| Prepaid and other assets |
16 |
21 |
1 |
1 |
| Other receivables |
(34) |
(15) |
195 |
(104) |
| Accounts payable and other accrued liabilities |
(33) |
(6) |
(416) |
27 |
| Deferred revenue |
0 |
0 |
1,000 |
0 |
| Net Cash Provided by Operating Activities |
(480) |
(534) |
(944) |
(1,547) |
| Financing Activities |
|
|
|
|
| Issue of capital stock |
103 |
865 |
337 |
4,212 |
| Transaction costs |
0 |
0 |
0 |
(369) |
| Net Cash Provided by Financing Activities |
103 |
865 |
337 |
3,843 |
| Investing Activities |
|
|
|
|
| Additions to property and equipment |
(6) |
(4) |
(248) |
(7) |
| Net Cash Provided by Investing Activities |
(6) |
(4) |
(248) |
(7) |
| Increase (Decrease) in Cash and Cash Equivalent |
(383) |
327 |
(855) |
2,289 |
| Effect of Foreign Exchange on Cash and Cash Equivalents |
96 |
(208) |
118 |
(113) |
| Beginning of Period |
3,055 |
3,201 |
3,505 |
1,144 |
| End of Period |
$ 2,768 |
$ 3,320 |
$ 2,768 |
$ 3,320 |