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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Sep. 30, 2012
ASSETS    
Cash and cash equivalents $ 10,312 $ 8,722
Accounts receivable, less allowance for doubtful accounts and sales returns of $63 in 2013 and $212 in 2012 6,622 4,391
Inventories 45 59
Prepaid expenses 939 532
Total current assets 17,918 13,704
Property and equipment    
Office furniture and equipment 1,382 1,296
Software 492 492
Leasehold improvements 551 551
Property, Plant and Equipment, Gross 2,425 2,339
Less accumulated depreciation and amortization (2,136) (2,058)
Net property and equipment 289 281
Acquired intellectual property, net 13,834 7,745
Other intangible assets, net 8,880 792
Goodwill 28,152 0
Other long-term assets 248 283
Total assets 69,321 22,805
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Current portion of long-term debt and debt discount of $157 in 2013 1,877 900
Accounts payable 1,433 676
Accrued expenses 3,481 1,792
Deferred revenue 6,997 6,295
Total current liabilities 13,788 9,663
LONG-TERM LIABILITIES:    
Note payable, net of unamortized debt discount of $703 in 2013 and $1,017 in 2012 2,108 2,983
Deferred revenue, long-term 214 265
Deferred tax liability 1,483 0
Other long-term liabilities 353 200
Total long-term liabilities 4,158 3,448
Total liabilities 17,946 13,111
COMMITMENTS AND CONTINGENCIES (Note 5)      
SHAREHOLDERS’ EQUITY:    
Common stock, par value $0.01; authorized: 20,000,000 shares; issued: 8,795,023 shares - 2013 and 6,372,465 shares - 2012; outstanding: 8,477,552 shares- 2013 and 6,358,219 shares -2012 88 64
Additional paid-in capital 72,726 26,710
Accumulated deficit (20,021) (15,824)
Accumulated other comprehensive loss (1,278) (1,116)
Stockholders Equity before Treasury Stock 51,515 9,834
Less treasury stock, at cost, 14,246 shares (140) (140)
Total shareholders’ equity 51,375 9,694
Total liabilities and shareholders’ equity $ 69,321 $ 22,805