Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 13,901
|
$ 16,762
|
| Accounts receivable, net of allowances of $263 and $358 at December 31, 2015 and 2014, respectively |
7,538
|
5,289
|
| Inventories |
3,623
|
3,201
|
| Prepaid expenses and other current assets |
1,674
|
1,134
|
| Total current assets |
26,736
|
26,386
|
| Property and equipment, net |
12,850
|
13,041
|
| Intangible assets, net |
1,598
|
2,182
|
| Goodwill |
10,010
|
10,503
|
| Other assets |
185
|
96
|
| Total assets |
51,379
|
52,208
|
| Liabilities and Shareholders' Equity |
|
|
| Accounts payable |
2,004
|
2,873
|
| Accrued expenses |
4,158
|
1,918
|
| Deferred revenue |
1,336
|
914
|
| Notes payable |
238
|
243
|
| Total current liabilities |
7,736
|
5,948
|
| Deferred revenue, net of current portion |
710
|
1,553
|
| Notes payable, net of current portion |
2,897
|
3,289
|
| Deferred rent |
69
|
|
| Total liabilities |
$ 11,412
|
$ 10,790
|
| Commitments and contingencies (Note 8) |
|
|
| Contingently redeemable series C preferred stock, 0.55 shares issued and outstanding (liquidation preference of $550) |
$ 550
|
$ 550
|
| Shareholders' equity: |
|
|
| Preferred stock, $.01 par value; 1,000 shares authorized Series B convertible preferred stock, 0.13 shares issued and outstanding (liquidation preference of $13) |
|
|
| Common stock $.01 par value; 150,000 shares authorized; 12,215 issued and 10,802 outstanding at December 31, 2015 and 12,186 shares issued and 10,775 outstanding at December 31, 2014 |
$ 122
|
$ 122
|
| Additional paid-in capital |
289,464
|
287,660
|
| Treasury stock (at cost), 1,413 and 1,411 shares at December 31, 2015 and 2014, respectively |
(8,601)
|
(8,579)
|
| Accumulated deficit |
(240,406)
|
(238,272)
|
| Accumulated other comprehensive income |
(1,162)
|
(63)
|
| Total shareholders' equity |
39,417
|
40,868
|
| Total liabilities and shareholders' equity |
$ 51,379
|
$ 52,208
|