XML 16 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 13,901 $ 16,762
Accounts receivable, net of allowances of $263 and $358 at December 31, 2015 and 2014, respectively 7,538 5,289
Inventories 3,623 3,201
Prepaid expenses and other current assets 1,674 1,134
Total current assets 26,736 26,386
Property and equipment, net 12,850 13,041
Intangible assets, net 1,598 2,182
Goodwill 10,010 10,503
Other assets 185 96
Total assets 51,379 52,208
Liabilities and Shareholders' Equity    
Accounts payable 2,004 2,873
Accrued expenses 4,158 1,918
Deferred revenue 1,336 914
Notes payable 238 243
Total current liabilities 7,736 5,948
Deferred revenue, net of current portion 710 1,553
Notes payable, net of current portion 2,897 3,289
Deferred rent 69  
Total liabilities $ 11,412 $ 10,790
Commitments and contingencies (Note 8)
Contingently redeemable series C preferred stock, 0.55 shares issued and outstanding (liquidation preference of $550) $ 550 $ 550
Shareholders' equity:    
Preferred stock, $.01 par value; 1,000 shares authorized Series B convertible preferred stock, 0.13 shares issued and outstanding (liquidation preference of $13)
Common stock $.01 par value; 150,000 shares authorized; 12,215 issued and 10,802 outstanding at December 31, 2015 and 12,186 shares issued and 10,775 outstanding at December 31, 2014 $ 122 $ 122
Additional paid-in capital 289,464 287,660
Treasury stock (at cost), 1,413 and 1,411 shares at December 31, 2015 and 2014, respectively (8,601) (8,579)
Accumulated deficit (240,406) (238,272)
Accumulated other comprehensive income (1,162) (63)
Total shareholders' equity 39,417 40,868
Total liabilities and shareholders' equity $ 51,379 $ 52,208