|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2014
|
Dec. 31, 2013
|
| Current Assets: |
|
|
| Cash and cash equivalents |
$ 15,407 |
$ 24,703 |
| Other receivable |
22 |
12 |
| Prepaid expenses and other current assets |
455 |
525 |
| Total current assets |
15,884 |
25,240 |
| Property and equipment, net |
29 |
0 |
| Other Assets: |
|
|
| Investment, at cost |
250 |
250 |
| TOTAL ASSETS |
16,163 |
25,490 |
| Current Liabilities: |
|
|
| Accounts payable |
1,190 |
634 |
| Accrued expenses |
711 |
703 |
| Deferred software costs |
151 |
0 |
| Deferred revenue |
14 |
0 |
| Total current liabilities |
2,066 |
1,337 |
| Deferred revenue - long term portion |
58 |
0 |
| TOTAL LIABILITIES |
2,124 |
1,337 |
| COMMITMENTS AND CONTINGENCIES (NOTE 8) |
|
|
| STOCKHOLDERS' EQUITY |
|
|
| Common stock, $0.001 par value, 100,000,000 shares authorized; 21,134,744 shares issued as of December 31, 2014 and 2013 respectively |
21 |
21 |
| Treasury stock, 393,172 shares, at cost |
(840) |
(840) |
| Additional paid-in capital |
42,902 |
37,398 |
| Accumulated deficit |
(28,059) |
(12,441) |
| TOTAL STOCKHOLDERS' EQUITY |
14,039 |
24,153 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
16,163 |
25,490 |
| Preferred Stock |
|
|
| STOCKHOLDERS' EQUITY |
|
|
| Preferred stock |
0 |
0 |
| Series B Convertible Preferred Stock |
|
|
| STOCKHOLDERS' EQUITY |
|
|
| Preferred stock |
$ 15 |
$ 15 |