Quarterly report pursuant to sections 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 1,464 $ 799
Accounts receivable, less allowance for doubtful accounts of $1,858 and $1,773 at September 30, 2012 and December 31, 2011, respectively 7,629 7,350
Accounts receivable - related party 3 98
Inventory 3,804 3,217
Prepaid expenses and other current assets 632 934
Deferred income taxes 647 682
Total Current Assets 14,179 13,080
Property & equipment, net 14,037 15,764
Deferred debt issuance costs, net 143 421
Intangible assets, net 26,260 28,221
Deferred income taxes 19,002 18,187
Other assets 402 590
Total Assets 74,023 76,263
Current Liabilities:    
Accounts payable 4,857 4,004
Accounts payable - related party 42 59
Derivative liabilities 223 258
Other current liabilities 3,734 2,235
Revolving credit facility 1,500  
Current portion of long-term debt 22,403 6,576
Total Current Liabilities 32,759 13,132
Long-term debt, net of current portion 1,928 22,551
Other liabilities   415
Total Liabilities 34,687 36,098
Stockholders' Equity:    
Preferred stock, $.0001 par value: authorized 1,000,000 shares; none issued      
Common stock, $.0001 par value; authorized 200,000,000 shares; issued 21,980,806 and 21,330,235, respectively; outstanding 21,783,118 and 21,132,545, respectively 2 2
Additional paid-in capital 88,286 87,541
Accumulated other comprehensive loss   (136)
Accumulated deficit (48,952) (47,242)
Total Stockholders' Equity 39,336 40,165
Total Liabilities and Stockholders' Equity $ 74,023 $ 76,263