06/30/07 12/31/06
(unaudited)
Cash & cash equivalents $867 $727
Total current assets $1,410 $1,319
Total assets $6,153 $6,126
Short-term debt - Convertible notes (1) $1,291 $1,154
Short-term debt - related party (2) $431 $ --
Deferred revenue (3) $507 $404
Total current liabilities (4) $2,858 $2,135
Long-term debt related party (5) $674 $334
Total stockholder's equity $2,553 $3,584
NOTES:
(1) Net of $91 and $228 unamortized fair value assigned to the
beneficial conversion feature and warrants at June 30, 2007 and
December 31, 2006, respectively.
(2) Includes $450 to a related party net of unamortized fair value
assigned to warrants of $169 at June 30, 2007.
(3) Deferred revenues consist principally of advances from customers and
deferred maintenance contract revenue.
(4) Includes deferred revenues of $507 and $404 as of June 30, 2007 and
December 31, 2006, respectively.
(5) Includes $770 and $450 to a related party at June 30, 2007 and
December 31, 2006, respectively, net of $446 and $266 unamortized
fair value assigned to warrants at June 30, 2007 and December 31,
2006, respectively.
Contact: Frank V. Dane
Phone: 650-802-7737
Email: fdane@cic.com
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