Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Sep. 30, 2010
ASSETS    
Cash and cash equivalents $ 694 $ 246
Accounts receivable, net 3,289 4,535
Inventory, net 566 557
Prepaid expenses and other current assets 846 357
Current assets of discontinued operations 0 133
Total current assets 5,395 5,828
Property and equipment, net 332 420
Goodwill 2,792 2,792
Other intangible assets, net 2,818 3,011
Other assets 23 20
Total assets 11,360 12,071
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)    
Bridge note 100 100
Current portion of long-term debt 210 379
Senior secured notes payable, net of unamortized deferred debt discount of $95 2,905 0
Accounts payable 2,184 2,971
Accrued expenses and other current liabilities 1,543 880
Current liabilities of discontinued operations 0 8,558
Total current liabilities 6,942 12,888
Non-current line of credit- related party 0 630
Long-term debt, less current portion 59 403
Deferred tax liability 197 153
Total liabilities 7,198 14,074
Stockholders' equity (deficiency)    
Common stock, $0.001 par value 70,000,000 shares authorized 37,451,396 and 37,376,396 shares issued and outstanding at June 30 2011 and September 30, 2010, respectively. 37 37
Additional paid in capital 38,128 37,137
Accumulated deficit (35,749) (39,711)
Accumulated other comprehensive income (loss) 30 (507)
Total stockholders' equity (deficiency) 4,162 (2,003)
Total liabilities and stockholders' equity 11,360 12,071
Convertible Preferred Stock, Series A
    
Stockholders' equity (deficiency)    
Preferred stock value 30 30
Convertible Preferred Stock, Series A-1
    
Stockholders' equity (deficiency)    
Preferred stock value 311 311
Convertible Preferred Stock, Series B
    
Stockholders' equity (deficiency)    
Preferred stock value 700 700
Convertible Preferred Stock Series C-1
    
Stockholders' equity (deficiency)    
Preferred stock value   0
Convertible Preferred Stock Series C-2
    
Stockholders' equity (deficiency)    
Preferred stock value $ 525,150 $ 0