Total operating expenses 1,037 1,123 3,813 4,649
Operating loss (442) (729) (2,193) (2,557)
Other income (expenses) 32 (35) 47 48
Interest expense, including
amortization of loan discount
and deferred financing costs (234) (117) (1,253) (777)
Net loss $(644) $(881) $(3,399) $(3,286)
Basic and diluted net loss
per common share $(0.01) $(0.01) $(0.03) $(0.03)
Basic and diluted weighted
average common shares
outstanding 129,057 107,374 113,960 107,374
Selected Consolidated Balance Sheets Information
(In thousands)
NOTES:
12/31/07 12/31/06
Cash & cash equivalents $1,144 $727
Total current assets 1,731 1,319
Total assets 6,475 6,126
Deferred revenue (a) 431 404
Total current liabilities (b) 2,598 2,135
Total short-term debt (c) 1,370 1,154
Long-term debt (d) 96 334
Stockholders' equity 3,781 3,584
(a) Deferred revenue consists principally of service contact revenues.
(b) Includes deferred revenue and short term debt.
(c) Net of $350 unamortized fair value assigned to warrants at
December 31, 2007 and $228 unamortized fair value assigned to
warrants and beneficial conversion feature at December 31, 2006.
(d) Net of unamortized fair value assigned to warrants of
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