Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (2,091) $ (3,469)
Adjustments to reconcile net loss to net cash used in operating activities:    
Provision for obsolete inventory (5) 30
Provision for doubtful accounts 14 138
Depreciation and amortization 223 258
Non-cash interest 0 156
Share based payments 498 503
Amortization of deferred finance fees 399 84
Amortization of debt discount 48 37
Change in deferred tax liability 30 30
Changes in operating assets and liabilities:    
Accounts receivable 716 739
Inventory 5 15
Prepaid expenses and other assets (452) (360)
Accounts payable (748) (608)
Accrued expenses and other current liabilities 563 1,130
NET CASH USED IN OPERATING ACTIVITIES (800) (1,317)
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (115) (95)
NET CASH USED IN INVESTING ACTIVITIES (115) (95)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of senior secured notes payable, net of offering costs 3,529 2,667
Proceeds from sale of preferred stock, net of offering costs 160 263
Proceeds from issuance of promissory note 300 0
Proceeds from non-current line of credit - related party 0 310
Payments on non-current line of credit - related party 0 (940)
Payments on senior secured notes payable (3,012) 0
Payments on notes payable (109) (448)
NET CASH PROVIDED BY FINANCING ACTIVITIES 868 1,852
Effect of exchange rate changes on cash and cash equivalents 79 (40)
NET INCREASE IN CASH AND CASH EQUIVALENTS 32 400
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 861 246
CASH AND CASH EQUIVALENTS - END OF PERIOD 893 646
Supplemental disclosures    
Interest 219 91
Income taxes 0 0
Non-cash investing and financing activites:    
Accrued dividends $ 73 $ 46