XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 7,871 $ 2,564
Accounts receivable, less allowance for doubtful accounts of $281 and $562 in 2011 and 2010, respectively 1,684 2,119
Inventories, less reserve for obsolescence of $1,407 and $1,304 in 2011 and 2010, respectively 2,401 3,273
Prepaid expenses and other current assets 2,087 1,790
Assets held for sale 2,469 6,330
Total current assets 16,512 16,076
Property and equipment:    
Buildings and leasehold improvements 512 703
Machinery and equipment 3,464 3,237
Furniture and fixtures 457 459
Total property and equipment 4,433 4,399
Accumulated depreciation and amortization (3,054) (2,754)
Total property and equipment, net 1,379 1,645
Goodwill 2,805 1,982
Other intangible assets, net of accumulated amortization of $1,407 and $1,675 in 2011 and 2010, respectively 1,887 1,767
Other assets 735 1,554
Total assets 23,318 23,024
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt and capital lease obligations 957 1,378
Accounts payable 1,701 2,168
Income taxes payable 89 199
Deferred revenue 294 324
Accrued expenses and other current liabilities 1,741 2,905
Liabilities related to assets held for sale 566 2,081
Total current liabilities 5,348 9,055
Long-term debt, net of current portion 11 43
Capital lease obligations, net of current portion 22 70
Other liabilities 380 0
Commitments and contingencies - See Note 17      
Stockholders' equity:    
Preferred stock, $.01 par value: authorized shares -10,000,000; issued and outstanding shares-none 0 0
Common stock, $.01 par value: authorized shares-100,000,000, issued and outstanding shares of 58,946,441 in 2011 and 15,735,725 in 2010 589 157
Additional paid-in capital 102,323 93,912
Accumulated deficit (85,338) (80,196)
Total stockholders' equity before treasury stock 17,574 13,873
Less treasury stock at cost 18,332 shares in 2011 and 2010. (17) (17)
Total stockholders' equity 17,557 13,856
Total liabilities and stockholders' equity $ 23,318 $ 23,024