Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 45,707 $ 37,304
Trade and other receivables, net 14,900 20,864
Prepaid expenses and other current assets 1,341 712
Total current assets 61,948 58,880
Property and equipment, net 13,357 14,869
Other assets 1,880 503
Total assets 77,185 74,252
Current liabilities:    
Accounts payable 3,083 3,581
Accrued and other liabilities 10,434 10,658
Deferred revenue 6,006 17,044
Warrant liabilities 896 4,245
Total current liabilities 20,419 35,528
Deferred revenue - long-term 8,016 1,086
Interest bearing obligations - long-term 26,649 13,694
Other long-term liabilities 440 353
Total liabilities 55,524 50,661
Shareholders' equity:    
Preference shares, $0.05 par value, 1,000,000 shares authorized Series B, 8,000 designated, 0 and 2,959 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively 0 1
Common shares, $0.0075 par value, 92,666,666 shares authorized, 33,412,263 and 28,491,318 shares outstanding at September 30, 2011 and December 31, 2010, respectively 250 214
Additional paid-in capital 895,729 876,686
Accumulated deficit (874,318) (853,310)
Total shareholders' equity 21,661 23,591
Total liabilities and shareholders' equity $ 77,185 $ 74,252