The Balance Sheets as of May 31, 2012 and 2011 are presented below.

		As of
		May 31,			May 31,
(000's)			2012			2011
Cash		$	595		$	1,586
Accounts receivable			757			907
Other current assets			308			521
Total current assets			1,660			3,014
Property and equipment, net			42			58
Goodwill			4,246			4,256
Capitalized software development costs, net			172			-
Capitalized patent costs			82			-
Debt issuance costs, net			210			312
Other non-current assets			136			136
Total assets		$	6,548		$	7,776
Accounts payable		$	266		$	239
Accrued expenses			333			838
Deferred maintenance revenue			2,194			2,301
Current portion of long term debt			720			720
Other current liabilities			75			173
Total current liabilities			3,588			4,271
Other non-current liabilities			51			144
Long term debt			1,480			2,250
Total liabilities			5,119			6,665
Stockholders' equity			1,429			1,111
Total liabilities and stockholders' equity		$	6,548		$	7,776

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