XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 22,386 $ 20,326
Restricted cash 743 3,505
Contract receivables, net 23,716 20,356
Prepaid expenses and other current assets 3,212 3,733
Total current assets 50,057 47,920
Equipment, software and leasehold improvements 6,733 5,206
Accumulated depreciation (4,653) (4,105)
Equipment, software and leasehold improvements, net 2,080 1,101
Software development costs, net 2,426 1,815
Goodwill 4,502 4,462
Intangible assets, net 911 1,207
Long-term restricted cash 1,192 897
Other assets 1,396 1,413
Total assets 62,564 58,815
Current liabilities    
Accounts payable 4,980 4,077
Accrued expenses 2,287 1,581
Accrued compensation and payroll taxes 2,715 2,754
Billings in excess of revenue earned 5,993 5,261
Accrued warranty 2,107 2,300
Other current liabilities 2,193 1,707
Total current liabilities 20,275 17,680
Other liabilities 1,459 2,352
Total liabilities 21,734 20,032
Commitments and contingencies      
Stockholder's equity    
Preferred stock $.01 par value, 2,000,000 shares authorized, shares issued and outstanding none in 2012 and 2011 0 0
Common stock $.01 par value, 30,000,000 shares authorized, shares issued 19,435,324 in 2012 and 19,254,681 in 2011 194 193
Additional paid-in capital 71,352 70,167
Accumulated deficit (27,889) (29,063)
Accumulated other comprehensive loss (647) (865)
Treasury stock at cost, 1,104,487 shares in 2012 and 824,374 shares in 2011 (2,180) (1,649)
Total stockholders' equity 40,830 38,783
Total liabilities and stockholders' equity $ 62,564 $ 58,815