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Consolidated Balance Sheets (Current Period Unaudited) (Restated) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash $ 3,077 $ 3,152
Marketable securities 228 209
Accounts receivable, net 2,745 2,504
Notes and interest receivable, current portion 243 249
Inventories, net 885 824
Other current assets 285 284
Total current assets 7,463 7,222
Investments 1,283 1,288
Notes and interest receivable, net of current portion   240
Property and equipment, at cost less accumulated depreciation 1,167 1,222
Patents, net 121 133
Total assets 10,034 10,105
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 754 463
Deferred revenue, current portion 915 907
Accrued payroll 411 460
Accrued expenses 638 669
Other current liabilities 280 369
Total current liabilities 2,998 2,868
Deferred revenue, net of current portion 45 50
Other long-term liabilities 134 140
Common stock, $0.01 par value, 20,000,000 shares authorized, 8,958,028 issued and outstanding at March 31, 2012 and December 31, 2011 90 90
Additional paid-in capital 21,479 21,461
Accumulated other comprehensive loss (63) (111)
Accumulated deficit (14,285) (14,290)
Total Intelligent Systems Corporation stockholders’ equity 7,221 7,150
Non-controlling interest (364) (103)
Total stockholders’ equity 6,857 7,047
Total liabilities and stockholders’ equity $ 10,034 $ 10,105