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
ASSETS    
Cash and cash equivalents (Note 2) $ 6,268 $ 5,541
Accounts receivable, net of doubtful accounts of zero and zero, respectively (Note 2) 2,542 3,219
Inventory, net (Note 2) 2,611 2,688
Prepaid expenses and other current assets 627 1,747
Total current assets 12,048 13,195
Intangible asset, licensed technology (Note 3) 3,577 3,577
Property, plant and equipment, net of accumulated depreciation of $3,666 and $3,608, respectively (Note 2) 2,297 2,307
Total Assets 17,922 19,079
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 822 885
Accrued royalties (Note 4) 3,524 3,524
Accrued advertising and other allowances 2,432 2,959
Other current liabilities 518 485
Total current liabilities 7,296 7,853
Commitments and contingencies (Note 4)      
STOCKHOLDERS' EQUITY:    
Common Stock, $.0005 par value; authorized 50,000,000; issued: 20,172,393 and 20,161,636 shares, respectively (Note 5) 10 10
Additional paid-in-capital 41,640 41,552
Accumulated deficit (5,387) (4,699)
Treasury stock, at cost 5,336,053 and 5,336,053 shares, respectively (25,637) (25,637)
Total stockholders' equity 10,626 11,226
Liabilities and Stockholders' Equity, Total $ 17,922 $ 19,079