Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Sep. 30, 2011
ASSETS    
Cash and cash equivalents $ 2,087 $ 861
Accounts receivable, net 3,576 3,752
Inventory, net 0 0
Prepaid expenses and other current assets 1,910 1,345
Total current assets 7,573 5,958
Property and equipment, net 283 249
Goodwill 2,792 2,792
Other intangible assets, net 2,841 2,905
Other assets 39 18
Total assets 13,528 11,922
LIABILITIES AND STOCKHOLDERS' EQUITY    
Bridge note - related party 100 100
Current portion of long-term debt 136 180
Senior secured notes payable 4,185 2,952
Accounts payable 2,322 3,204
Accrued expenses and other current liabilities 3,085 1,691
Total current liabilities 9,828 8,127
Long-term debt, less current portion 0 24
Deferred tax liability 227 212
Total liabilities 10,055 8,363
Stockholders' equity    
Common stock, $0.001 par value 70,000,000 shares authorized 37,611,396 shares issued and outstanding at December 31, 2011 and September 30, 2011, respectively. 38 38
Additional paid in capital 38,593 38,342
Accumulated deficit (37,179) (36,583)
Accumulated other comprehensive income 145 46
Total stockholders' equity 3,473 3,559
Total liabilities and stockholders' equity 13,528 11,922
Convertible Preferred Stock, Series A [Member]
    
Stockholders' equity    
Preferred stock value 30 30
Convertible Preferred Stock, Series A-1[Member]
    
Stockholders' equity    
Preferred stock value 311 311
Convertible Preferred Stock, Series B [Member]
    
Stockholders' equity    
Preferred stock value 700 700
Convertible Preferred Stock Series C-1 [Member]
    
Stockholders' equity    
Preferred stock value 525 525
Convertible Preferred Stock Series C-2 [Member]
    
Stockholders' equity    
Preferred stock value 150 150
Convertible Preferred Stock Series C-3 [Member]
    
Stockholders' equity    
Preferred stock value $ 160 $ 0