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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash $ 3,190 $ 2,942
Accounts receivable, net 2,941 2,227
Note and interest receivable, current portion 245 600
Inventories, net 928 833
Other current assets 517 404
Total current assets 7,821 7,006
Investments 1,306 1,286
Note and interest receivable, net of current portion 236 473
Property and equipment, at cost less accumulated depreciation 1,353 1,149
Patents, net 155 177
Total assets 10,871 10,091
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 490 322
Deferred revenue, current portion 1,901 1,604
Accrued payroll 460 550
Accrued expenses 782 640
Other current liabilities 277 307
Total current liabilities 3,910 3,423
Deferred revenue, net of current portion 60 70
Other long-term liabilities 146 137
Commitments and contingencies (Note 8)    
Common stock, $0.01 par value, 20,000,000 shares authorized, 8,958,028 shares issued and outstanding at June 30, 2011 and December 31, 2010 90 90
Additional paid-in capital 21,435 21,418
Accumulated other comprehensive income (loss) (3) 3
Accumulated deficit (16,283) (16,566)
Total Intelligent Systems Corporation stockholders’ equity 5,239 4,945
Non-controlling interest 1,516 1,516
Total stockholders’ equity 6,755 6,461
Total liabilities and stockholders’ equity $ 10,871 $ 10,091