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
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 997 $ 2,585
Accounts receivable, net of allowance of $2 and $2 at June 30, 2012 and December 31, 2011, respectively 352 453
Inventories 200 238
Prepaid expenses and other current assets 193 233
Total current assets 1,742 3,509
Equipment, furniture and leasehold improvements, net 90 36
Other assets 4 4
Total assets 1,836 3,549
Current liabilities:    
Accounts payable 417 149
Accrued compensation 50 63
Accrued other 223 221
Deferred revenue 256 277
Total current liabilities 946 710
Convertible notes 8,920 5,327
Warrant liabilities 4,000 1,600
Commitments and Contingencies (Note 12)      
Stockholders' deficit:    
Common stock, no par value, unlimited shares authorized, 31,184 shares issued and outstanding as of June 30, 2012 and 30,351 shares issued and outstanding as of December 31, 2011 93,893 93,893
Additional paid in capital 1,295 996
Accumulated deficit (106,949) (98,727)
Accumulated other comprehensive loss (269) (250)
Total stockholders' deficit (12,030) (4,088)
Total liabilities and stockholders' deficit $ 1,836 $ 3,549