Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 37,725 $ 28,644
Marketable securities 13,233 21,496
Receivables, net of allowance 12,236 13,055
Inventories 4,102 6,036
Prepaid income taxes 1,346 3,851
Prepaid expenses and other current assets 2,907 2,628
Deferred income taxes - current 200 240
Total current assets 71,749 75,950
Property and equipment, net 5,419 5,966
Intangible assets, net of amortization 8,578 9,964
Deferred income taxes - non-current 85 606
Other assets - non-current 3,315 3,077
Total assets 89,146 95,563
Current liabilities:    
Trade accounts payable 5,282 5,192
Accrued compensation 7,567 4,789
Other accrued expenses 603 838
Deferred revenue 9,550 8,941
Other current liabilities 26 47
Total current liabilities 23,028 19,807
Long-term liabilities:    
Deferred revenue - non-current 2,902 4,374
Income taxes payable - non-current 116 95
Other non-current liabilities 519 660
Total long-term liabilities 3,537 5,129
Total liabilities 26,565 24,936
Commitments and contingencies (Note 12 and 17)      
Stockholders' equity:    
Preferred stock, $.01 par value, authorized 250,000 shares, no shares issued and outstanding 0 0
Common stock, $.01 par value, authorized 29,750,000 shares, issued and outstanding 8,674,029 and 8,653,932, respectively 87 87
Additional paid-in capital 58,411 56,706
Retained earnings 3,921 13,615
Accumulated other comprehensive income 162 116
Total Qumu stockholders' equity 62,581 70,524
Noncontrolling interest 0 103
Total stockholders' equity 62,581 70,627
Total liabilities and stockholders' equity $ 89,146 $ 95,563