Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows From Operating Activities:    
Net loss $ (3,549) $ (1,503)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 247 411
Loss on disposal of assets, net 6 8
Provision for bad debts 315 20
Provision for inventory excess and obsolescence   118
Amortization of discount on lines of credit 7  
Amortization of discount on term loan payable   78
Amortization of debt issuance costs 15 99
Stock-based compensation 923 676
Other equity instruments compensation 23 210
Other non-cash compensation 124 124
Deferred income taxes   (2)
Other 10  
Changes in operating assets and liabilities:    
Restricted cash (106)  
Accounts receivable (992) (3,086)
Inventory 612 (1,160)
Prepaid expenses and other assets 723 486
Customer deposits 7 (4,959)
Accounts payable and accrued liabilities (2,154) 1,234
Deferred revenue 515 143
Net cash and cash equivalents used in operating activities (3,274) (7,103)
Cash Flows From Investing Activities:    
Additions to property, plant and equipment (457) (157)
Net cash and cash equivalents used in investing activities (457) (157)
Cash Flows From Financing Activities:    
Borrowings under lines of credit 2,350  
Repayments of lines of credit (415)  
Payments under term loan payable   (2,700)
Payment of debt issuance costs (295)  
Proceeds from equity offering, net of expenses   17,325
Proceeds from exercise of stock options and warrants 428 964
Net cash and cash equivalents provided by financing activities 2,068 15,589
Effect of exchange rate changes (37) 111
Change in cash and cash equivalents (1,700) 8,440
Cash and cash equivalents, beginning of period 3,307 1,694
Cash and cash equivalents, end of period 1,607 10,134
Cash paid during the period for:    
Interest 10 79
Income taxes $ 29 $ 8