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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Cash and cash equivalents $ 1,145,000 $ 3,128,000
Accounts receivable, net of allowance for doubtful accounts of $760 and $760 9,904,000 11,460,000
Indemnification receivable 428,000 428,000
Deferred tax asset 202,000 202,000
Prepaid expenses and other current assets 207,000 251,000
Total current assets 11,886,000 15,469,000
Property and equipment, net of accumulated depreciation of $353 and $226 554,000 579,000
Trademarks and trade names with indefinite lives 8,467,000 8,467,000
Other intangibles with finite lives, net of accumulated amortization of $6,456 and $5,019 1,881,000 3,318,000
Goodwill 12,563,000 12,563,000
Restricted cash 222,000 222,000
Other assets 305,000 285,000
Total assets 35,878,000 40,903,000
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable and accrued liabilities 2,607,000 3,528,000
Due to models 7,057,000 9,564,000
Deferred revenue   295,000
Foreign withholding claim subject to indemnification 428,000 428,000
Amegy credit facility   500,000
Earn out liability 509,000 2,174,000
Total current liabilities 10,601,000 16,489,000
Amegy credit facility 1,250,000  
Deferred revenue, net of current portion   245,000
Deferred income tax liability 2,002,000 2,002,000
Total long-term liabilities 3,252,000 2,247,000
Total liabilities 13,853,000 18,736,000
Preferred stock, $0.01 par value, 10,000,000 shares authorized; none outstanding 0 0
Common stock, $0.01 par value, 250,000,000 shares authorized; 119,669,761 and 129,440,752 shares issued and outstanding at December 31, 2012 and 2011 1,294,000 1,294,000
Treasury stock (9,770,991 and 0 shares in 2012 and 2011), at cost (1,227,000)  
Additional paid-in capital 85,201,000 85,133,000
Accumulated deficit (63,243,000) (64,260,000)
Total shareholders’ equity 22,025,000 22,167,000
Total liabilities and shareholders’ equity $ 35,878,000 $ 40,903,000