XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 5,622 $ 2,160
Short-term investments 0 38
Accounts and other receivables, net of an allowance for doubtful accounts and commission adjustments of $3,798 at June 30, 2016 and $3,863 at December 31, 2015 8,945 11,620
Receivables due from related parties 100 209
Inventories, net 1,671 1,963
Deferred commission expense 2,161 2,252
Prepaid expenses and other current assets 510 512
Total current assets 19,009 18,754
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $2,963 at June 30, 2016 and $2,976 at December 31, 2015 3,354 2,888
GOODWILL 17,412 17,484
INTANGIBLES, net 6,488 6,977
OTHER ASSETS, net 3,813 4,315
Total Assets 50,076 50,418
CURRENT LIABILITIES    
Accounts payable 4,150 4,037
Accrued commissions 1,550 2,031
Accrued expenses and other liabilities 4,050 4,511
Sales tax payable 718 671
Income taxes payable 0 202
Deferred revenue - current portion 9,613 9,480
Notes payable - current portion 2,600 1,485
Due to related party 32 33
Total current liabilities 22,713 22,450
LONG-TERM LIABILITIES    
Notes payable 4,768 4,886
Notes payable due to related party 1,166 963
Deferred revenue 8,170 9,036
Deferred tax liability 112 112
Other long-term liabilities 1,150 1,230
Total long-term liabilities 15,366 16,227
COMMITMENTS AND CONTINGENCIES (NOTE N)
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value; 1,000,000 shares authorized; nil shares issued and outstanding at June 30, 2016, and December 31, 2015 0 0
Common stock, $.001 par value; 250,000,000 shares authorized; 170,169,440 and 168,749,889 shares issued at June 30, 2016 and December 31, 2015, respectively; 159,861,353 and 158,441,802 shares outstanding at June 30, 2016 and December 31, 2015, respectively 170 168
Additional paid-in capital 62,500 62,263
Accumulated deficit (48,501) (48,610)
Accumulated other comprehensive loss (172) (80)
Treasury stock, at cost, 10,308,087 shares at June 30, 2016 and December 31, 2015 (2,000) (2,000)
Total stockholders' equity 11,997 11,741
Total liabilities and stockholders' equity $ 50,076 $ 50,418