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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
[1]
Current assets:    
Cash and cash equivalents $ 4,316,000 $ 5,974,000
Restricted cash 304,000 303,000
Investments - short term 104,000 3,249,000
Accounts receivable, net of allowance for doubtful accounts of $1,434,000 and $1,580,000 in 2014 and 2015, respectively 12,647,000 14,783,000
Financing receivables - current, net of allowance for doubtful accounts of $-0- in 2014 and 2015 1,842,000 1,898,000
Inventory, net 7,203,000 6,252,000
Deferred costs - current 3,084,000 2,183,000
Prepaid expenses and other current assets 2,291,000 1,767,000
Total current assets 31,791,000 36,409,000
Investments - long term 1,447,000 4,066,000
Financing receivables - less current portion 3,196,000 4,072,000
Deferred costs - less current portion 3,283,000 3,281,000
Fixed assets, net 2,935,000 1,520,000
Goodwill 1,837,000 1,837,000
Intangible assets, net 876,000 977,000
Other assets 278,000 324,000
Assets, Total 45,643,000 52,486,000
Current liabilities:    
Accounts payable and accrued expenses 9,799,000 10,102,000
Capital lease obligation - current 28,000 149,000
Deferred revenue - current 7,000,000 6,742,000
Total current liabilities 16,827,000 16,993,000
Deferred rent 281,000 309,000
Deferred revenue - less current portion 7,261,000 7,929,000
Liabilities, Total $ 24,369,000 $ 25,231,000
Commitments and Contingencies (Note 21)
STOCKHOLDERS' EQUITY    
Preferred stock; authorized 5,000,000 shares, $0.01 par value; none issued $ 0 $ 0
Common stock; authorized 50,000,000 shares, $0.01 par value; 13,476,000 and 14,214,000 shares issued at December 31, 2014 and September 30, 2015, respectively; shares outstanding, 12,812,000 and 13,471,000 at December 31, 2014 and September 30, 2015, respectively 129,000 124,000
Additional paid-in capital 109,699,000 106,272,000
Accumulated deficit (84,158,000) (75,176,000)
Accumulated other comprehensive loss (351,000) (375,000)
Treasury stock; 664,000 shares and 743,000 shares at cost at December 31, 2014 and September 30, 2015, respectively (4,045,000) (3,590,000)
Total stockholders' equity 21,274,000 27,255,000
Total liabilities and stockholders' equity $ 45,643,000 $ 52,486,000
[1] Derived from audited balance sheet as of December 31, 2014.