XML 36 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net loss $ (50,950) $ (3,522)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,540 2,422
Impairment of goodwill, intangibles and other long-lived assets 45,365  
Stock-based compensation expense 325 581
Re-measurement of contingent consideration (5,657) (134)
Deferred income taxes (10) (1,980)
Accretion of interest to related party discount 379 376
Interest on financial liabilities 223 126
Loss on disposal of fixed assets 19  
Changes in operating assets and liabilities:    
Accounts receivable 57 917
Inventories (770) 800
Other assets (196) (99)
Income taxes receivable (20) (114)
Accounts payable (973) (4,340)
Liability to related party (563) (517)
Accrued expenses (1,377) (261)
Deferred revenue 1,508 (230)
Income taxes payable 81 328
Net cash used in operating activities (9,019) (5,647)
Cash flows from investing activities:    
Capital expenditures (1,538) (691)
Net cash acquired (paid) from (for) acquisitions 572 (2,395)
Net cash paid for acquisition of noncontrolling interest (500)  
Net cash used in investing activities (1,466) (3,086)
Cash flows from financing activities:    
Proceeds from capital raise net of issuance costs   18,259
Payment for financial liabilities (947) (1,043)
Proceeds from issuance of common stock under employee stock purchase plan 178  
Proceeds from issuance of common stock upon option exercised   56
Proceeds from issuance of common stock upon warrant exercised   1,706
Changes in bank line of credit, net (7)  
Net cash (used in) provided by financing activities (776) 18,348
Effect of exchange rates on cash and cash equivalents 360 204
Net (decrease) increase in cash and cash equivalents (10,901) 9,819
Cash and cash equivalents at beginning of period 17,239 [1] 10,799
Cash and cash equivalents at end of period 6,338 20,618
Supplemental disclosures of cash flow information:    
Common stock issued in connection with business combinations 3,041 3,043
Common stock issued in connection with acquiring noncontrolling interest 1,168  
Common stock issued in connection with stock bonus and incentive plans 273 1,363
Stock option grants issued in connection with stock bonus and incentive plans 99 610
Cash paid for interest expense 644 502
Property and equipment subject to accounts payable $ 211  
[1] The condensed consolidated balance sheet has been derived from the audited consolidated financial statements at December 31, 2011 but does not include all the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.