Quarterly report pursuant to sections 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities:    
Consolidated net loss $ (13,991) $ (4,679)
Adjustments to reconcile consolidated net loss to cash used in operating activities:    
Depreciation and amortization of intangibles 3,134 3,136
Fair value adjustments on convertible debt and warrants 33 (926)
Inventory valuation (2)  
Amortization of deferred financing fees 164 159
Noncash compensation 296 769
Gain on derivatives (135) (28)
Bad debt expense 2 (130)
Changes in operating assets and liabilities:    
Accounts receivable (984) (6,354)
Inventories 1,696 (1,177)
Prepaid expenses and other assets 1,395 363
Prepaid inventory 2,040 434
Accounts payable and accrued expenses 3,600 2,529
Net cash used in operating activities (2,752) (5,904)
Investing Activities:    
Additions to property and equipment (896) (280)
Net cash used in investing activities (896) (280)
Financing Activities:    
Preferred stock dividends paid (315)  
Net proceeds from borrowings 30 5,898
Net cash (used in) provided by financing activities (285) 5,898
Net decrease in cash and cash equivalents (3,933) (286)
Cash and cash equivalents at beginning of period 8,914 8,736
Cash and cash equivalents at end of period 4,981 8,450
Supplemental Information:    
Interest paid 2,789 2,680
Noncash financing and investing activities:    
Reclass of warrant liability to equity upon cashless net exercise 112  
Preferred stock dividends accrued 315 312
Debt extinguished with issuance of common stock   $ 7,000