Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Sep. 30, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 364 $ 314
Accounts receivable, less allowances (2012 - $259; 2011 - $137) 6,761 6,604
Other 246 190
Total Current Assets 7,371 7,108
Property and equipment, net (2012 - $3,240; 2011 - $3,104) 518 409
Goodwill 1,106 1,280
Intangible assets, net 2,204 2,699
TOTAL ASSETS 11,199 11,496
CURRENT LIABILITIES:    
Short-term debt 2,404 1,938
Accounts payable 173 485
Accrued compensation 3,068 2,391
Other current liabilities 1,196 1,307
Total Current Liabilities 6,841 6,121
Long-term liabilities 253 681
Commitments and Contingencies      
SHAREHOLDERS' EQUITY    
Preferred stock; authorized - 100 shares; no par value; issued and outstanding - none 0 0
Common stock, no-par value; authorized - 50,000 shares; issued and outstanding - 21,699 shares at September 30, 2012 and September 30, 2011 10,453 10,031
Accumulated deficit (6,348) (5,337)
Total Shareholders' Equity 4,105 4,694
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 11,199 $ 11,496