|
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Jun. 30, 2012
|
Dec. 31, 2011
|
| ASSETS |
|
|
| Cash and cash equivalents (Note 2) |
$ 4,610 |
$ 5,541 |
| Accounts receivable (Note 2) |
938 |
3,219 |
| Inventory, net (Note 2) |
3,141 |
2,688 |
| Prepaid expenses and other current assets |
491 |
1,747 |
| Total current assets |
9,180 |
13,195 |
| Intangible asset, licensed technology (Note 3) |
3,577 |
3,577 |
| Property, plant and equipment, net of accumulated depreciation of $3,729 and $3,608, respectively (Note 2) |
2,418 |
2,307 |
| Total assets |
15,175 |
19,079 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| Accounts payable |
526 |
885 |
| Accrued royalties (Note 4) |
3,524 |
3,524 |
| Accrued advertising and other allowances |
1,887 |
2,959 |
| Other current liabilities |
466 |
485 |
| Total current liabilities |
6,403 |
7,853 |
| Commitments and contingencies (Note 4) |
0 |
0 |
| STOCKHOLDERS' EQUITY: |
|
|
| Common Stock, $.0005 par value; authorized 50,000,000; issued: 20,172,393 and 20,161,636 shares, respectively |
10 |
10 |
| Additional paid-in-capital |
41,715 |
41,552 |
| Accumulated deficit |
(7,316) |
(4,699) |
| Treasury stock, at cost 5,336,053 and 5,336,053 shares, respectively |
(25,637) |
(25,637) |
| Total stockholders' equity |
8,772 |
11,226 |
| Liabilities and Stockholders' Equity, Total |
$ 15,175 |
$ 19,079 |