Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 372 $ 363 $ 721 $ 383
Cost of revenues 135 211 314 224
Gross profit 237 152 407 159
Operating expenses:        
Selling, general and administrative 965 564 1,650 1,225
Research and development 558 554 1,113 1,069
Total operating expenses 1,523 1,118 2,763 2,294
Loss from operations (1,286) (966) (2,356) (2,135)
Other income (expense):        
Interest expense (62) (116) (202) (232)
Interest income 1   4  
Foreign currency transaction gains (losses) 3 (28) (5) (14)
Change in fair value of warrant and option liabilities 6,113   2,114 (2,400)
Change in fair value of convertible notes 3,177 (354) 1,865 (3,461)
Other income   20   20
Loss on extinguishment of convertible notes     (1,283)  
Total other income (expense) 9,232 (478) 2,493 (6,087)
Net income (loss) $ 7,946 $ (1,444) $ 137 $ (8,222)
Net income (loss) per weighted average share, basic (in dollars per share) $ 0.12 $ (0.05) $ 0.00 $ (0.27)
Net income per weighted average share, diluted (in dollars per share) $ 0.01   $ 0.00  
Weighted average shares outstanding:        
Basic (in shares) 63,922 30,983 52,858 30,668
Diluted (in shares) 137,764   59,960