Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Sep. 30, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 361 $ 364
Accounts receivable, less allowances (2013 - $272; 2012 - $259) 6,697 6,164
Other current assets 416 246
Assets of discontinued operations 238 608
Total Current Assets 7,712 7,382
Property and equipment, net 530 507
Goodwill 1,106 1,106
Intangible assets, net 1,884 2,204
TOTAL ASSETS 11,232 11,199
CURRENT LIABILITIES:    
Short-term debt 3,734 2,404
Accounts payable 1,015 173
Accrued compensation 2,733 3,033
Other current liabilities 981 1,196
Liabilities from discontinued operations 30 35
Total Current Liabilities 8,493 6,841
Long-term liabilities 126 253
Commitments and Contingencies      
SHAREHOLDERS' EQUITY    
Preferred stock; no par value; authorized - 20,000 shares; issued and outstanding - none 0 0
Common stock, no-par value; authorized - 200,000 shares; issued and outstanding - 22,799 shares at September 30, 2013 and 21,699 at September 30, 2012 10,851 10,453
Accumulated deficit (8,238) (6,348)
Total Shareholders' Equity 2,613 4,105
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 11,232 $ 11,199