Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,601 $ 2,585
Accounts receivable, net of allowance of $2 and $2 at March 31, 2012 and December 31, 2011, respectively 308 453
Inventories 219 238
Prepaid expenses and other current assets 344 233
Total current assets 2,472 3,509
Equipment, furniture and leasehold improvements, net 76 36
Other assets 4 4
Total assets 2,552 3,549
Current liabilities:    
Accounts payable 130 149
Accrued compensation 49 63
Accrued other 252 221
Deferred revenue 285 277
Total current liabilities 716 710
Convertible notes 8,500 5,327
Warrant liabilities 4,000 1,600
Commitments and Contingencies (Note 12)      
Stockholders' deficit    
Common stock, no par value, unlimited shares authorized, 30,976 shares issued and outstanding as of March 31, 2012 and 30,351 shares issued and outstanding as of December 31, 2011 93,893 93,893
Additional paid in capital 1,217 996
Accumulated deficit (105,505) (98,727)
Accumulated other comprehensive loss (269) (250)
Total stockholders' deficit (10,664) (4,088)
Total liabilities and stockholders' deficit $ 2,552 $ 3,549