Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents (Note 2) $ 4,610 $ 5,541
Accounts receivable (Note 2) 938 3,219
Inventory, net (Note 2) 3,141 2,688
Prepaid expenses and other current assets 491 1,747
Total current assets 9,180 13,195
Intangible asset, licensed technology (Note 3) 3,577 3,577
Property, plant and equipment, net of accumulated depreciation of $3,729 and $3,608, respectively (Note 2) 2,418 2,307
Total assets 15,175 19,079
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 526 885
Accrued royalties (Note 4) 3,524 3,524
Accrued advertising and other allowances 1,887 2,959
Other current liabilities 466 485
Total current liabilities 6,403 7,853
Commitments and contingencies (Note 4) 0 0
STOCKHOLDERS' EQUITY:    
Common Stock, $.0005 par value; authorized 50,000,000; issued: 20,172,393 and 20,161,636 shares, respectively 10 10
Additional paid-in-capital 41,715 41,552
Accumulated deficit (7,316) (4,699)
Treasury stock, at cost 5,336,053 and 5,336,053 shares, respectively (25,637) (25,637)
Total stockholders' equity 8,772 11,226
Liabilities and Stockholders' Equity, Total $ 15,175 $ 19,079