XML 24 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net loss $ (2,229,000) $ (2,592,000)
Provision for/(recovery of) uncollectible accounts and returns 15,000 (8,000)
Provision for excess and obsolete inventories 101,000 65,000
Depreciation and amortization 170,000 311,000
Stock-based compensation expense 528,000 501,000
Change in assets and liabilities:    
Trade accounts receivable (629,000) 499,000
Inventories (1,049,000) (952,000)
Prepaid expenses and other current assets (359,000) (11,000)
Other assets (101,000) (70,000)
Accounts payable, deferred revenue and accrued liabilities 1,706,000 (516,000)
Accrued compensation (26,000) (298,000)
Deferred lease obligations (65,000) (57,000)
Net cash used in operating activities (1,938,000) (3,128,000)
Cash flows from investing activities:    
Purchases of property and equipment (30,000) (162,000)
Purchases of capitalized software (9,000) (104,000)
Proceeds from the sale of marketable securities 11,007,000 7,213,000
Purchases of marketable securities (10,439,000) (7,456,000)
Net cash provided by (used in) investing activities 529,000 (509,000)
Cash flows from financing activities:    
Borrowings under credit facility 10,500,000 10,500,000
Payments on credit facility (10,500,000) (10,500,000)
Proceeds from the exercise of stock options 26,000 824,000
Net cash provided by financing activities 26,000 824,000
Effect of exchange rate changes on cash and cash equivalents (4,000) (2,000)
Net decrease in cash and cash equivalents (1,387,000) (2,815,000)
Cash and cash equivalents at beginning of period 3,949,000 7,470,000
Cash and cash equivalents at end of period $ 2,562,000 $ 4,655,000