|
Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Jun. 30, 2013
|
Dec. 31, 2012
|
| Current assets: |
|
|
| Cash |
$ 6,859 |
$ 10,390 |
| Accounts receivable, net |
10,194 |
13,902 |
| Costs in excess of billings on uncompleted contracts |
2,749 |
5,288 |
| Inventory, net |
4,697 |
5,711 |
| Other current assets |
1,710 |
3,026 |
| Total current assets |
26,209 |
38,317 |
| Property and equipment, net |
3,596 |
3,991 |
| Total assets |
29,805 |
42,308 |
| Current liabilities: |
|
|
| Line of credit |
|
6,498 |
| Accounts payable |
10,183 |
15,951 |
| Accrued liabilities |
3,315 |
4,943 |
| Billings in excess of costs on uncompleted contracts |
2,474 |
2,975 |
| Related party debt |
3,600 |
6,850 |
| Other current liabilities |
776 |
723 |
| Total current liabilities |
20,348 |
37,940 |
| Related party debt |
3,150 |
|
| Common stock warrant liability |
3,702 |
|
| Other liabilities |
696 |
443 |
| Total liabilities |
27,896 |
38,383 |
| Commitments and contingencies |
|
|
| Shareholders' equity: |
|
|
| Additional paid-in capital |
86,870 |
82,185 |
| Accumulated deficit |
(84,964) |
(78,263) |
| Total shareholders' equity |
1,909 |
3,925 |
| Total liabilities and shareholders' equity |
29,805 |
42,308 |
|
Common Class A
|
|
|
| Shareholders' equity: |
|
|
| Class A common stock, $.0001 par value, 150,000,000 shares authorized, 30,040,212 and 26,693,696 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively |
$ 3 |
$ 3 |