2.4.0.8119 - Disclosure - Credit Facilitytruefalsefalse1falsefalsefalseP01_01_2013To06_30_2013http://www.sec.gov/CIK0000944739duration2013-01-01T00:00:002013-06-30T00:00:001true1us-gaap_DebtDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2us-gaap_DebtDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1falsefalsefalse00 <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong>Note 13.    Credit Facility</strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong> </strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 45.35pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> On <font style=" FONT-SIZE: 10pt">April 4, 2011</font>, the Company entered into an Amended and Restated Business Financing Agreement (<font style="BACKGROUND-COLOR: transparent">as amended from time to time,</font> the “Financing Agreement”) with Bridge Bank N.A. (“Bridge Bank”) which amended and restated its existing credit facility. During the first quarter of 2013, the Company was not in compliance with a financial covenant of the Financing Agreement. On April 10, 2013, the Company entered into <font style="BACKGROUND-COLOR: transparent">a Business Financing Modification Agreement</font> with Bridge Bank pursuant to which Bridge Bank agreed to waive such noncompliance, make certain other modifications and extend the maturity <font style="BACKGROUND-COLOR: transparent">of the Financing Agreement</font> to July 3, 2013. The Company was in compliance with this financial covenant as of June 30, 2013.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 45.35pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 45.35pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> On July 3, 2013, the Company entered into a second Business Financing Modification Agreement (the “Second Modification Agreement”) with Bridge Bank, amending the terms of the Financing Agreement. Pursuant to the terms of the Financing Agreement, as amended, the maturity date of the Financing Agreement was extended until July 3, 2014. The Financing Agreement as amended contains customary representations, warranties, and affirmative and negative covenants for facilities of its type, including the payment of certain fees, restrictions on dispositions of the Company’s assets, changes in business, and incurrence of certain indebtedness and encumbrances. The Financing Agreement, as amended, by the Modification Agreement also contains customary events of default, including payment defaults and breaches of representations and warranties and covenants. If an event of default occurs and is continuing, Bridge Bank has customary rights and remedies under the Financing Agreement, as amended, including the right to declare all outstanding indebtedness under the facility immediately due and payable and ceasing to advance money or extend credit.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 45.35pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 45.35pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <font style="BACKGROUND-COLOR: transparent">The Financing Agreement, as amended, provides a credit facility to the Company of up to $5.0 million which bears interest at the higher of (i) the prime rate plus 1.75% or (ii) 5.25% percent, plus the payment of certain fees and expenses (the “Facility”).</font> The Facility is secured by substantially all the personal property of the Company, including its accounts receivable and intellectual property. Subject to the terms of the Financing Agreement, as amended, availability under the Facility is based on a formula pursuant to which Bridge Bank would advance an amount equal to the lower of $<font style=" FONT-SIZE: 10pt">5.0</font> million or <font style=" FONT-SIZE: 10pt">80</font>% of the Company’s eligible accounts receivable ($<font style=" FONT-SIZE: 10pt">1.9</font> million at June 30, 2013) with account eligibility and advance rates determined by Bridge Bank in its sole discretion. Prior to the amendment of the Amended Financing Agreement described below, the term of the Facility was two years and at the expiration of such term, all loan advances under the Facility would have become immediately due and payable. Under the Facility, the Company had outstanding borrowings of $<font style=" FONT-SIZE: 10pt">1.7</font> million at June 30, 2013 and $<font style=" FONT-SIZE: 10pt">2.4</font> million at December 31, 2012.</div> </div> falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19, 20, 22
-Article 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19,20,22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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