XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 44,754 $ 47,913
Restricted cash 21 2,805
Trade accounts receivable, net 4,907 3,737
Inventory 11,602 10,777
Other current assets 1,804 902
Current assets of discontinued operations 116 223
Total current assets 63,204 66,357
Intangible assets, net 2,002 2,904
Goodwill 17,780 18,180
Other noncurrent assets 2,915 2,682
TOTAL ASSETS 85,901 90,123
Current liabilities:    
Trade payables 4,838 3,228
Line of credit 1,180 500
Long-term debt due within one year 3,900 3,600
Other current liabilities 1,610 1,094
Current liabilities of discontinued operations 198 2,264
Total current liabilities 11,726 10,686
Long-term debt 10,675 13,600
Common stock warrant liability 5,900 9,300
Other noncurrent liabilities 354 119
Noncurrent liabilities of discontinued operations 5,750 6,500
TOTAL LIABILITIES 34,405 40,205
Commitments and contingencies (Note 14)      
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued or outstanding      
Common stock, $0.001 par value; 66,500,000 shares authorized; 12,304,649 issued and outstanding as of September 30, 2014; and 12,213,219 issued and 12,201,102 outstanding as of December 31, 2013 12 12
Treasury stock, at cost; zero and 12,117 shares, respectively, as of September 30, 2014 and December 31, 2013   (130)
Additional paid-in capital 452,923 451,853
Accumulated deficit (401,439) (401,817)
Total stockholders’ equity — Signature Group Holdings, Inc. 51,496 49,918
Noncontrolling interest 0 0
TOTAL STOCKHOLDERS’ EQUITY 51,496 49,918
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 85,901 $ 90,123