Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income (loss) $ (5,944) $ 3,100
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Amortization and depreciation 1,431 765
Amortization of investment premiums, net 601 352
Stock-based compensation 3,037 1,750
Deferred income taxes (1,543)  
Write down of property and equipment 1 33
Changes in operating assets and liabilities:    
Accounts receivable (5,275) 1,357
Inventory 750 (1,391)
Prepaid and other assets (48) (1,195)
Accounts payable and accrued expenses 6,671 (1,884)
Amounts due to related party (1,746) 463
Accrued compensation 11 (143)
Deferred revenue and deferred profit (1,494) (2,632)
Other long-term liabilities 1,090 104
Net cash provided by (used in) operating activities (2,458) 679
Investing Activities    
Purchase of property and equipment (1,742) (1,181)
Purchases of intangibles   (613)
Purchases of available-for-sale securities (58,847) (75,736)
Maturities of available-for-sale securities 61,968 1,114
Net cash provided by (used in) investing activities 1,379 (76,416)
Financing Activities    
Payments on capital leases (36) (61)
Proceeds from issuance of common stock 1,476 107
Proceeds from initial public offering, net of costs   75,550
Net cash provided by financing activities 1,440 75,596
Effect of exchange rate changes on cash and cash equivalents 10  
Increase (decrease) in cash and cash equivalents 371 (141)
Cash and cash equivalents at beginning of period 21,563 17,921
Cash and cash equivalents at end of period 21,934 17,780
Supplemental disclosures of cash flow information:    
Cash paid for interest 6 16
Cash paid for taxes    
Supplemental disclosures of non cash investing and financing information:    
Unrealized gain (loss) on available-for-sale securities $ 15 $ (52)