XML 30 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Dec. 31, 2009
Revenues:            
Product $ 310 $ 769 $ 2,367 $ 2,640 $ 3,192 $ 3,430
Maintenance 750 653 2,113 1,961 2,619 2,599
Total 1,060 1,422 4,480 4,601 5,811 6,029
Cost of revenues:            
Product 65 249 371 921 1,059 1,165
Maintenance 227 198 674 699 938 814
Gross profit 768 975 3,435 2,981 3,814 4,050
Operating expenses:            
General and administrative 617 512 1,610 1,888 2,546 2,433
Sales and marketing 343 385 1,076 1,158 1,528 1,705
Research and development 683 576 1,995 1,939 2,531 2,367
Depreciation and amortization 7 13 21 39 50 98
Total 1,650 1,486 4,702 5,024 6,655 6,603
Loss from operations (882) (511) (1,267) (2,043) (2,841) (2,553)
Interest expense, net 686 60 1,955 636 1,123 743
Change in fair value of additional financing obligation    (38)    (553) (551) 1,335
Change in fair value of derivative liabilities (6,955) (506) (4,268) (4,183) 738 6,327
Financing expense                1,373
Loss on debt modification    1,100    1,100 1,100 750
Other income, net (10) (12) (19) (313) (328) (445)
Income (loss) before income taxes 5,397 (1,115) 1,065 1,270 (4,923) (12,636)
Income tax expense 2 2 6 198 126   
Net income (loss) 5,395 (1,117) 1,059 1,072 (5,049) (12,636)
Preferred dividends (99) (99) (301) (296) (396) (403)
Net income (loss) available to common shareholders $ 5,296 $ (1,216) $ 758 $ 776 $ (5,445) $ (13,039)
Basic income (loss) per common share:            
Net income (loss) $ 0.2 $ (0.05) $ 0.04 $ 0.04 $ (0.22) $ (0.65)
Preferred dividends $ 0.00 $ 0.00 $ (0.01) $ (0.01) $ (0.02) $ (0.02)
Basic income (loss) per share available to common shareholders $ 0.2 $ (0.05) $ 0.03 $ 0.03 $ (0.24) $ (0.67)
Basic weighted-average shares 26,328,062 23,753,994 25,816,120 22,916,554 23,175,405 19,416,569
Diluted income (loss) per common share:            
Diluted income (loss) per share $ 0.1 $ (0.05) $ 0.02 $ 0.03    
Diluted weighted-average shares 57,166,212 23,753,994 58,993,965 37,824,505