|
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Jun. 30, 2012
|
Dec. 31, 2011
|
| ASSETS |
|
|
| Cash and cash equivalents |
$ 8,789 |
$ 9,547 |
| Restricted cash |
221 |
221 |
| Accounts receivable, less allowance for doubtful accounts of $342 at June 30, 2012 and $236 at December 31, 2011 |
8,119 |
6,846 |
| Note receivable |
223 |
165 |
| Inventory, net of provision of $614 at June 30, 2012 and $578 at December 31, 2011 |
6,880 |
7,057 |
| Prepaid expenses and other current assets |
1,269 |
957 |
| TOTAL CURRENT ASSETS |
25,501 |
24,793 |
| Property and equipment, net |
1,343 |
1,252 |
| Software, net |
3,814 |
3,388 |
| Other intangibles, net |
4,470 |
4,901 |
| Other assets - long term |
3,407 |
3,307 |
| Goodwill, net |
23,787 |
23,787 |
| TOTAL ASSETS |
62,322 |
61,428 |
| LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
| Accounts payable |
6,735 |
8,239 |
| Other current liabilities |
1,228 |
1,392 |
| Current portion of term loan |
2,200 |
1,200 |
| Deferred revenues |
1,761 |
1,317 |
| Obligations under capital leases |
|
237 |
| TOTAL CURRENT LIABILITIES |
11,924 |
12,385 |
| LONG TERM LIABILITIES |
|
|
| Term loan, net of current portion |
3,900 |
4,500 |
| Other long-term liabilities |
326 |
346 |
| TOTAL LIABILITIES |
16,150 |
17,231 |
| COMMITMENTS AND CONTINGENCIES |
|
|
| SHAREHOLDERS' EQUITY |
|
|
| Preferred stock - no par value; authorized 3,000; none issued |
|
|
| Additional paid-in-capital |
67,587 |
66,634 |
| Treasury stock, at cost, 1,562 shares at June 30, 2012 and December 31, 2011 |
(8,136) |
(8,136) |
| Accumulated other comprehensive loss |
(10) |
(13) |
| Accumulated deficit |
(13,269) |
(14,288) |
| TOTAL SHAREHOLDERS' EQUITY |
46,172 |
44,197 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
62,322 |
61,428 |
|
Class A Common Stock [Member]
|
|
|
| SHAREHOLDERS' EQUITY |
|
|
| Common stock |
|
|
|
Class B Common Stock [Member]
|
|
|
| SHAREHOLDERS' EQUITY |
|
|
| Common stock |
|
|