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Crossroads Systems Inc – ‘10-Q’ for 7/31/12 – ‘EX-101.INS’

On:  Friday, 9/14/12, at 5:06pm ET   ·   For:  7/31/12   ·   Accession #:  1144204-12-51551   ·   File #:  1-15331

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/14/12  Crossroads Systems Inc            10-Q        7/31/12   55:2.8M                                   Toppan Merrill/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    204K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     21K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     21K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     17K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     17K 
35: R1          Document and Entity Information                     HTML     37K 
25: R2          Condensed Consolidated Balance Sheets               HTML    109K 
32: R3          Condensed Consolidated Balance Sheets               HTML     31K 
                [Parenthetical]                                                  
37: R4          Condensed Consolidated Statements of Operations     HTML     75K 
50: R5          Condensed Consolidated Statements of Cash Flows     HTML    123K 
26: R6          Basis of Presentation                               HTML     29K 
31: R7          Fair Value Measurements                             HTML     31K 
22: R8          Inventory                                           HTML     24K 
16: R9          Property and Equipment                              HTML     28K 
51: R10         Intangible Assets                                   HTML     27K 
39: R11         Accrued Expenses and Deferred Revenue               HTML     35K 
38: R12         Line of Credit and Long Term Liabilities            HTML     29K 
43: R13         Commitments and Contingencies                       HTML     28K 
44: R14         Stockholders' Equity                                HTML     33K 
42: R15         Stock Options and Stock Based Compensation          HTML     61K 
45: R16         Inventory (Tables)                                  HTML     22K 
33: R17         Property and Equipment (Tables)                     HTML     26K 
36: R18         Intangible Assets (Tables)                          HTML     25K 
41: R19         Accrued Expenses and Deferred Revenue (Tables)      HTML     40K 
55: R20         Line of Credit and Long Term Liabilities (Tables)   HTML     28K 
47: R21         Stock Options and Stock Based Compensation          HTML     55K 
                (Tables)                                                         
28: R22         Basis of Presentation (Details Textual)             HTML     26K 
40: R23         Fair Value Measurements (Details Textual)           HTML     21K 
30: R24         Inventory (Details)                                 HTML     23K 
14: R25         Property and Equipment (Details)                    HTML     40K 
48: R26         Property and Equipment (Details Textual)            HTML     19K 
52: R27         Intangible Assets (Details)                         HTML     28K 
19: R28         Intangible Assets (Details Textual)                 HTML     22K 
18: R29         Accrued Expenses and Deferred Revenue (Details)     HTML     38K 
20: R30         Accrued Expenses and Deferred Revenue (Details 1)   HTML     26K 
21: R31         Accrued Expenses and Deferred Revenue (Details 2)   HTML     20K 
23: R32         Accrued Expenses and Deferred Revenue (Details      HTML     31K 
                Textual)                                                         
13: R33         Line of Credit and Long Term Liabilities (Details)  HTML     38K 
46: R34         Line of Credit and Long Term Liabilities (Details   HTML     48K 
                Textual)                                                         
27: R35         Commitments and Contingencies (Details Textual)     HTML     20K 
29: R36         Stockholders' Equity (Details Textual)              HTML     55K 
15: R37         Stock Options and Stock Based Compensation          HTML     20K 
                (Details)                                                        
54: R38         Stock Options and Stock Based Compensation          HTML     28K 
                (Details 1)                                                      
12: R39         Stock Options and Stock Based Compensation          HTML     50K 
                (Details 2)                                                      
24: R40         Stock Options and Stock Based Compensation          HTML     56K 
                (Details 3)                                                      
49: R41         Stock Options and Stock Based Compensation          HTML     68K 
                (Details Textual)                                                
53: XML         IDEA XML File -- Filing Summary                      XML     79K 
17: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS    317K 
 6: EX-101.INS  XBRL Instance -- crds-20120731                       XML    511K 
 8: EX-101.CAL  XBRL Calculations -- crds-20120731_cal               XML    101K 
 9: EX-101.DEF  XBRL Definitions -- crds-20120731_def                XML    419K 
10: EX-101.LAB  XBRL Labels -- crds-20120731_lab                     XML    716K 
11: EX-101.PRE  XBRL Presentations -- crds-20120731_pre              XML    502K 
 7: EX-101.SCH  XBRL Schema -- crds-20120731                         XSD    124K 
34: ZIP         XBRL Zipped Folder -- 0001144204-12-051551-xbrl      Zip     72K 


‘EX-101.INS’   —   XBRL Instance — crds-20120731


This Exhibit is an XBRL XML File.


                                                                                                                                                                                
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<us-gaap:ProceedsFromIssuanceOfDebt contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-3"> 3000000 </us-gaap:ProceedsFromIssuanceOfDebt>
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<us-gaap:RepaymentsOfDebt contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-3"> 422000 </us-gaap:RepaymentsOfDebt>
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<us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-3"> -14000 </us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="-3"> -9220000 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-3"> 2954000 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
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<us-gaap:BasisOfAccounting contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.2in;"><b>1.</b></td> <td><b>BASIS OF PRESENTATION</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i>Basis of Presentation</i></p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><font style="background-color: white;">The accompanying unaudited condensed consolidated financial statements of Crossroads Systems, Inc. (“Crossroads”) and its subsidiaries (collectively with Crossroads, the “Company”) have been prepared in accordance with the instructions to Form 10-Q and therefore do not include all information and footnotes necessary for a fair presentation of financial position, results of operations and cash flows in conformity with United States generally accepted accounting principles (“GAAP”).  The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto together with management’s discussion and analysis of financial condition and results of operations contained in the Company’s 2011 Annual Report on Form 10-K filed on January 27, 2012 (“2011 Form 10-K”).  In the opinion of management, the accompanying condensed consolidated financial statements reflect all adjustments of a normal recurring nature considered necessary to fairly state the financial position of the Company at October 31, 2011 and July 31, 2012, the results of its operations for the three and nine months ended July 31, 2011 and 2012, and its cash flows for the nine months ended July 31, 2011 and 2012.  The results of operations for the periods presented are not necessarily indicative of results that may be expected for the year ending October 31, 2012.</font></p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i>Use of Estimates</i></p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company’s condensed consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates.</p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i>Contracts to Modify or Customize Products</i></p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">During the quarter ended July 31, 2012, the Company entered into contracts with certain customers to significantly modify or customize products. In accounting for such arrangements, the Company first looks to the guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Subtopic 985-605, <i>Software - Revenue Recognition </i>(“ASC 985-605”), and then ASC Subtopic 605-25, <i>Revenue Recognition – Multiple-Element Arrangements, </i>to determine the appropriate accounting elements in the arrangement.  The Company then considers the appropriate recognition model for each accounting element based on the nature of the element and applies the guidance in ASC Subtopic 605-35, <i>Revenue Recognition – Construction-Type and Production-Type Contracts, </i>ASC Subtopic 985-60, ASC Subtopic 605-15, <i>Revenue Recognition – Products, </i>or ASC Subtopic 605-20, <i>Revenue Recognition – Services, </i>as applicable.  Amounts allocated to the modification/customization service element are evaluated for classification in the consolidated statement of operations as either revenue or reduction of research and development expense based on the following considerations: whether and in what circumstances the consideration received is refundable, ownership of the final product and intellectual property rights to develop the product, and exclusivity of the final product.  The Company recorded approximately $0 and $0.4 million as revenue and approximately $0 and $0.5 million as a reduction of research and development expense related to these contracts for the nine months ended July 31, 2011 and 2012, respectively.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i>Recently Issued Accounting Pronouncements</i></p> <p style="text-align: justify; text-indent: 15pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 15pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">In May 2011, the Financial Accounting Standards Board (“FASB”) issued ASU 2011-04, <i>Fair Value Measurement (Topic 820) Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs </i>(“ASU 2011-04”). ASU 2011-04 updated accounting guidance related to fair value measurements and disclosures that result in common fair value measurements and disclosures between GAAP and International Financial Reporting Standards. This guidance includes amendments that clarify the intent about the application of existing fair value measurements and disclosures or change a particular principle or requirement for fair value measurements or disclosures. This guidance is effective for interim and annual periods beginning after December 15, 2011. The Company adopted ASU 2011-04 beginning February 1, 2012. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements or disclosures.</p> <p style="text-align: justify; text-indent: 15pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 15pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">In June 2011, the FASB issued ASU 2011-05, <i>Presentation of Comprehensive Income (Topic 220)</i> (“ASU 2011-05”). ASU 2011-05 modifies how comprehensive income is presented in an entity’s financial statements. The guidance issued requires an entity to present the components of net income and total net income, the components of other comprehensive income and total other comprehensive income, and the total comprehensive income either in a single continuous statement of comprehensive income, or in two separate but consecutive statements and eliminates the option to present the components of other comprehensive income as part of the statement of changes in stockholder’s equity. The revised financial statement presentation for comprehensive income will be effective for the Company for fiscal years, and interim periods within those years, beginning after December 15, 2011. The Company anticipates adopting ASU 2011-05 beginning November 1, 2012. The Company does not anticipate that these changes will have a material impact on its consolidated financial statements or disclosures.</p> <p style="text-align: justify; text-indent: 15pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 15pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material impact on its consolidated financial statements or disclosures.</p>
</us-gaap:BasisOfAccounting>
<us-gaap:FairValueDisclosuresTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.2in;"><b>2.</b></td> <td><font style="color: black;"><b>FAIR VALUE MEASUREMENTS</b></font></td> </tr> </table> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. To increase the comparability of fair value measurements, a three-tier fair value hierarchy, which prioritizes the inputs used in the valuation methodologies, is as follows:</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Level 1 –</b> Valuations based on quoted prices for identical assets and liabilities in active markets.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Level 2 – </b>Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><b>Level 3</b> – Valuations based on unobservable inputs reflecting management’s assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of October 31, 2011 and July 31, 2012, the fair value of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses, approximates book value due to the short maturity of these instruments. As of October 31, 2011, the Company held $2,683,000 of commercial paper, and $702,000 of fixed income government agency debt securities. As of July 31, 2012, the Company held no investments. These instruments are classified as Level 1 of the fair value hierarchy, as fair value for these instruments is determined using observable, quoted prices for identical assets in active markets.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; background-color: white; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">At July 31, 2012, the Company had no assets or liabilities that were measured at fair value on a non-recurring basis. The estimated fair value of the Company's line of credit approximates the carrying value presented in its consolidated balance sheet based on discounting the expected future cash flows using current market rates as of July 31, 2012.</p>
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<us-gaap:InventoryDisclosureTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.2in;"><b>3.</b></td> <td><b>INVENTORY</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Inventory consists of the following (in thousands):</p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 76%;">Raw materials</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">170</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">243</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt;">Finished goods</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">18</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">73</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">188</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">316</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</us-gaap:InventoryDisclosureTextBlock>
<us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.2in;"><b>4.</b></td> <td><b>PROPERTY AND EQUIPMENT</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; margin: 0pt 0px 0pt 13.5pt; font: 10pt times new roman, times, serif;">Property and equipment, net consist of the following (in thousands, except number of years):</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="text-align: center;" colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="text-align: center;" colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Life (years)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="text-align: center; padding-bottom: 1pt;" colspan="2" nowrap="nowrap">(Unaudited)</td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 64%;">Equipment</td> <td style="width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 9%;">1-3</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">19,099</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">18,773</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Furniture and fixtures</td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;">5</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">687</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">688</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt;">Leasehold improvements</td> <td style="padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">553</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">567</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">20,339</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">20,028</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.24in;">Less: Accumulated depreciation</td> <td style="padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">(19,019</td> <td style="text-align: left; padding-bottom: 1pt;">)</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">(18,557</td> <td style="text-align: left; padding-bottom: 1pt;">)</td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,320</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,471</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Depreciation expense was approximately $376,000 and $505,000 for the nine months ended July 31, 2011 and 2012, respectively.</p>
</us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock>
<us-gaap:IntangibleAssetsDisclosureTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.2in;"><b>5.</b></td> <td><b>INTANGIBLE ASSETS</b></td> </tr> </table> <p style="text-indent: -0.2in; margin: 0pt 0px 0pt 0.2in; font: 10pt times new roman, times, serif;"><b></b> </p> <p style="text-indent: 13.7pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">In 2006, the Company acquired Tape Laboratories, Inc, resulting in an intangible asset, purchased technology, of approximately $5.7 million. In 2007, the Company acquired Grau Data Storage, AG, resulting in an intangible asset, purchased technology, of approximately $0.7 million.</p> <p style="text-indent: 13.7pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-indent: 13.7pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following table presents details of intangible assets acquired (in thousands, except number of years):</p> <p style="text-indent: 13.7pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Amortization</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Period (Years)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; width: 64%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 9%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">(Unaudited)</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Intangible assets: </td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-left: 9pt;">Technology</td> <td> </td> <td style="text-align: center;" colspan="2">5</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6,407</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6,407</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-left: 9pt;">Accumulated amortization</td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(6,297</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(6,407</td> <td style="text-align: left;">)</td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;">Net carrying value</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">110</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">-</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Amortization expense was approximately $582,000 and $110,000 for the nine months ended July 31, 2011 and 2012, respectively.</p>
</us-gaap:IntangibleAssetsDisclosureTextBlock>
<us-gaap:AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0px;"></td> <td style="width: 0.2in;"><b>6.</b></td> <td><b>ACCRUED EXPENSES AND DEFERRED REVENUE</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Accrued expenses consist of the following (in thousands):</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 76%;">Payroll related</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,475</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,528</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Professional services</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">271</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">222</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Warranty reserve</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">22</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">16</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Customer deposits</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">135</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 1pt;">Other</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">388</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">435</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">2,156</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">2,336</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><font style="color: black;">Included in payroll related accrued expenses as of October 31, 2011 was $587,000 related to bonus compensation, $407,000 of which was subsequently settled in January 2012 with 83,959 shares of common stock. Included in payroll related accrued expenses as of July 31, 2012 was $544,000 related to bonus compensation, $336,000 of which is expected to be settled in January 2013 with shares of common stock.</font></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Warranty reserve activity during the year ended October 31, 2011 and nine months ended July 31, 2012 was as follows (in thousands):</p> <p style="text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 95%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Balance at</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Charged to</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Balance at</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Beginning</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Costs and</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Reserve</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">End of</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">of Period</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Expenses</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Usage</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Period</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td>Year ended October 31, 2011</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt; width: 52%;">Warranty reserve</td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">30</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">9</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">(17</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;">)</td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">22</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td>Nine months ended July 31, 2012 (unaudited)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt;">Warranty reserve</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">22</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">12</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">(18</td> <td style="text-align: left; padding-bottom: 2.5pt;">)</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">16</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Deferred revenue, current portion, consists of the following (in thousands):</p> <p style="margin: 0pt 0px 0pt 13.5pt; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 76%;">Product</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">558</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">354</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td>Services</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">449</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,511</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 1pt;">Other</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">2</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">43</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,009</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,908</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</us-gaap:AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock>
<us-gaap:DebtDisclosureTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.2in;"><b>7.</b></td> <td><font style="color: black;"><b>LINE OF CREDIT AND LONG TERM LIABILITIES</b></font></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company has a revolving line of credit with its bank. The committed revolving line provides for an advance of up to $4.0 million with a borrowing base of 80% of eligible accounts receivable. Interest accrues monthly at a rate of prime rate, plus a margin of 0.25%. The Company is required to satisfy certain financial and reporting covenants in conjunction with the line of credit. The line of credit will mature on December 27, 2012. As of July 31, 2012, there was approximately $1.97 million drawn and outstanding on the line of credit, and the Company was in compliance with the covenants.</p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">On November 9, 2011, the Company entered into a term loan agreement with its bank.  The loan is available in draws of $0.5 million, with a maximum drawn balance of $3.0 million.  Each individual draw is to be repaid in equal monthly payments over 36 months, fully amortized, bearing an interest rate of Prime Rate, plus a margin of 2.5%.  The Company is required to satisfy certain financial and reporting covenants in conjunction with the term loan. As of July 31, 2012, there was approximately $2.6 million outstanding on the term loan, monthly installments on the term loan extend through March 1, 2015, and the Company was in compliance with all covenants.</p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Current portion of long term debt and long term liabilities consists of the following (in thousands):</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.25in;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Current portion of long term debt:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-left: 9pt; width: 76%;">Line of credit</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,973</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,973</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt;">Current portion of term loan</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">-</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">970</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,973</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">2,943</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Long term liabilities:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-left: 9pt;">Long term deferred revenue</td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">126</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">309</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt;">Long term portion of term loan</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">-</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">1,608</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">126</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,917</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Interest expense relating to the line of credit and the term loan was approximately $67,000 and $144,000 for the nine months ended July 31, 2011 and 2012, respectively.</p>
</us-gaap:DebtDisclosureTextBlock>
<us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0px;"></td> <td style="width: 0.2in;"><b>8.</b></td> <td><b>COMMITMENTS AND CONTINGENCIES</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i> </i></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i>Leases</i></p> <p style="text-align: justify; text-indent: 0.2in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company leases office space and equipment under long-term operating lease agreements that expire on various dates through August 31, 2016. Rental expense under these agreements was approximately $412,000 and $363,000 for the nine months ended July 31, 2011 and 2012, respectively. Crossroads leases its headquarters, approximately 37,800 square feet of general office, laboratory, data center and administrative space in Austin, Texas. The original lease was effective October 31, 2005 and extended in accordance with an extension agreement through February 28, 2015. The term of the extension agreement is five years, from March 1, 2010 through February 28, 2015, and represents a lease commitment of $374,000 per year through the remaining lease term. Additionally, an unconditional, irrevocable letter of credit is no longer required.</p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i> </i></p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i>Legal Proceedings</i></p> <p style="text-indent: 0.2in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"><i>Intellectual Property Litigation</i></p> <p style="text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"></p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company filed a lawsuit in September of 2010, against 3Par, Inc., American Megatrends, Inc., Rorke Data, Inc., D-Link Systems, Inc., Chelsio Communications, Inc., DataCore Software Corporation, and IStor Networks, Inc. in a lawsuit styled Crossroads Systems, Inc. v. 3Par, Inc. et al, Civil Action No. 1:10-CV-652-SS (W.D. Tex – Austin Division) alleging infringement by each of the defendants of one or both of U.S. Patent Nos. 6,425,035 and 7,051,147. With the exception of Rorke Data, Inc., all of the defendants have settled in fiscal year 2011. The Company believes the terms of a settlement have been reached with Rorke Data, Inc. The Company expects to enter into a final settlement agreement and for the lawsuit to be dismissed during the fiscal quarter ending October 31, 2012. However, the Company can provide no assurance that a final settlement and dismissal of the lawsuit will be completed during this timeframe, on terms favorable to the Company, or at all.</p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company filed a lawsuit in January 2012, against Infortrend Corporation, Aberdeen LLC, Boost Systems, Inc., iXsystems, Inc. and Storageflex, Inc. in a lawsuit styled Crossroads Systems, Inc. v. Infortrend Corporation et al, Civil Action No. 1:12-CV-00104-SS (W.D. Tex – Austin Division) alleging infringement by each of the defendants of one or both of U.S. Patent Nos. 6,425,035 and 7,051,147. The case is proceeding against all defendants. A Markman Hearing is scheduled for September 11, 2012.</p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company is a defendant in a lawsuit styled Infortrend Corporation v. Crossroads Systems, Inc., United States District of Delaware, Civil Action No. 1:12-CV-00968-UNA in July 2012.  This is an action alleging that the Company has infringed on Infortrend Corporation’s United States Patent No. 7,310,745.  Infortrend Corporation alleges that Crossroads Systems, Inc. makes, sells, offers for sale, and/or uses in the United States a product that infringes the claims of the ’745 Patent.  The plaintiff has granted Crossroads an extension of time to answer the complaint.</p>
</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
<us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0px;"></td> <td style="width: 0.2in;"><b>9.</b></td> <td><b>STOCKHOLDERS’ EQUITY</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">On October 23, 2010 the Company sold 3,125,000 shares of its common stock at $3.20 per share for gross proceeds to the Company of $10.0 million.  In conjunction with this private placement, the Company also issued warrants to purchase an additional 1,074,212 shares of common stock with an exercise price of $3.20 per share.   Fees in the amount of $0.8 million relating to the stock placement were netted against proceeds.  The warrants were valued at $1.3 million using the Black-Scholes model.  The Black-Scholes inputs used were:  expected dividend rate of 0%, expected volatility of 68%, risk free interest rate of 1.47%, and expected term of 2.5 years.  The warrants were exercisable immediately upon issue, and expire October 22, 2015.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">In August 2011, the Company filed an amendment to its Certificate of Incorporation to effect a reverse stock split of its issued and outstanding common stock, pursuant to which every four outstanding shares of common stock were combined and reclassified into one share of common stock. This reverse stock split was effective August 12, 2011. All references to the number of shares of common stock issued and outstanding have been restated to give retroactive effect to the reverse stock split.</p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 11.45pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">On July 31, 2012, the Company issued and sold to Iron Mountain Incorporated (“IRM”) 582,524 shares of its common stock at $5.15 per share, for an aggregate purchase price of $3 million. IRM also agreed that it would not transfer the shares without the Company’s prior written consent until the one year anniversary date of the closing of the agreement. The Company also entered in a registration rights agreement with IRM, pursuant to which the Company agreed to prepare and file a registration statement with the Securities and Exchange Commission (“SEC”) at IRM’s request, no later than sixty days following such request, and to keep it continuously effective until the shares covered by the registration statement have been sold or become eligible for sale pursuant to SEC Rule 144 without restriction on the volume of securities that may be sold in any single transaction, assuming for this purpose that the security holders are not affiliates of the Company.</p>
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<us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock contextRef="Context_9ME_31-Jul-2012">
<table style="margin-top: 0pt; width: 100%; font: 10pt times new roman, times, serif; margin-bottom: 0pt;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: top;"> <td style="width: 0.2in;"><b>10.</b></td> <td><b>STOCK OPTIONS AND STOCK-BASED COMPENSATION</b></td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 27pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company has a stock-based compensation plan available to grant incentive stock options, non-qualified stock options and restricted stock to employees and non-employee members of the Board of Directors and advisors.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 27pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company’s 1999 Stock Option/Stock Issuance Plan (the “1999 Plan”) was succeeded by the 2010 Stock Incentive Plan (the “2010 Plan”).  As of July 31, 2012, options to purchase 1,044,747 shares of common stock were outstanding, and no further grants can be made under the 1999 Plan.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 27pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The 2010 Plan was approved by the board of directors on May 26, 2010 and became effective on August 13, 2010, upon approval by shareholders.  A maximum of 3,000,000 shares of Crossroads common stock may be awarded, plus the automatic increase as detailed below. The total number of shares that will be reserved, and that may be issued, under the 2010 Plan will automatically increase on the first trading day of each calendar year, by a number of shares equal to four percent (4%) of the total outstanding shares on the last day of the prior calendar year, subject to a maximum annual increase of 250,000.  As of July 31, 2012, options to purchase 1,165,100 shares of common stock were granted from the 2010 Plan, of which 1,073,622 were outstanding as of July 31, 2012. During the nine months ended July 31, 2012, common stock share grants of 83,959 were granted from the 2010 Plan.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p> <p style="text-align: justify; text-indent: 27pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">As of July 31, 2012, options to purchase an aggregate of 2,118,369 shares of common stock were outstanding under the 1999 Plan and the 2010 Plan, of which 1,271,634 were vested. Under the 2010 Plan, 1,810,586 shares of common stock were available for future grants as of July 31, 2012.  The shares of common stock reserved for future grant are reduced by 31,833 options previously exercised under the 2010 Plan, and 83,959 shares of stock granted under the plan.  The exercise price, term and other conditions applicable to each stock option granted under the 2010 Plan are determined by the Compensation Committee of the Board of Directors. The exercise price of stock options is set on the grant date and may not be less than the fair market value per share of the Company’s stock on that date (at market close). The 2010 Plan options generally become exercisable over a four year period (vesting 25% after one year, the remaining 75% vesting quarterly thereafter) and expire after ten years.  Stock option exercises are fulfilled with new shares of common stock.</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company realized stock-based compensation expense for all awards issued under the Company’s stock plans in the following line items in the consolidated statements of operations:</p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Nine months ended July 31,</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: center;" colspan="6">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 76%;">Cost of revenue</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">3</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">24</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Sales and marketing</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">113</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">403</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Research and development</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">98</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">454</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt;">General and administrative</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">88</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">399</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 9pt;">Total stock-based compensation</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">302</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,280</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table> <p style="margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">During the fourth quarter of the fiscal year ended October 31, 2011, management made the decision to pay 67% of the management bonus for the fiscal year ended October 31, 2011 with shares of the Company’s stock. Accordingly, 83,959 shares of common stock were granted in January 2012 valued at approximately $433,000. These stock grants were valued using the intrinsic value, which is the amount by which the stock price exceeded the exercise price of the shares on the date of the grant. During the nine months ended July 31, 2012 share based compensation expense of approximately $336,000 has been accrued for 67% of the total estimated management bonus for the fiscal year ended October 31, 2012.</p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model. Expected volatility is based on historical volatility of the Company’s stock. The expected term represents an estimate of the time options are expected to remain outstanding. The Company’s options that are exercised are restricted for one year from the date of exercise, therefore it does not believe the actual history of shares exercised is an accurate method of calculating expected term and uses the simplified method to derive an expected term. The risk-free rate for periods within the contractual life of the option is based on the U.S. treasury yield curve in effect at the time of grant. The variables used in the Black-Scholes calculation are listed below for the respective periods:</p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Nine months ended July 31,</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;"> </td> <td> </td> <td style="text-align: center;" colspan="6">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;"> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 76%;">Expected dividend yield</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">0</td> <td style="text-align: left; width: 1%;">%</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">0</td> <td style="text-align: left; width: 1%;">%</td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Expected volatility</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">69 - 70</td> <td style="text-align: left;">% </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">69 - 71</td> <td style="text-align: left;">% </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Risk-free interest rate</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> 1.4 - 2.3</td> <td style="text-align: left;">% </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> 0.7 - 1.0</td> <td style="text-align: left;">% </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Expected term (years)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.1</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.1</td> <td style="text-align: left;"> </td> </tr> </table> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following table summarizes information about stock option activity for the nine months ended July 31, 2012 (unaudited):</p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Number of<br />Shares</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted<br />Average<br />Exercise Price</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted Average<br />Remaining<br />Contractual Term<br />(years)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average<br />Intrinsic<br />Value ($M)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 52%;">Outstanding at October 31, 2011</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">2,216,473</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">3.90</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">6.63</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">3.5</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-left: 9pt;">Granted</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">119,033</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.85</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-left: 9pt;">Forfeited</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(160,961</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6.76</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 1pt; padding-left: 9pt;">Exercised</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">(56,176</td> <td style="text-align: left; padding-bottom: 1pt;">)</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">2.13</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; text-indent: -0.1in; padding-left: 0.1in;">Outstanding and expected to vest at July 31, 2012</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,118,369</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.79</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.38</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.8</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-indent: -0.1in; padding-left: 0.1in;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-indent: -0.1in; padding-left: 0.1in;">Exercisable at July 31, 2012</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,271,634</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.99</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">4.81</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.0</td> <td style="text-align: left;"> </td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The weighted average fair value per option granted during the nine months ended July 31, 2011 and 2012 was $4.25 and $3.20 respectively. The total intrinsic value of options (which is the amount by which the stock price exceeded the exercise price of the options on the date of exercise) exercised during the nine months ended July 31, 2011 and 2012 was $158,778 and $187,407, respectively. During the nine months ended July 31, 2011 and 2012, the amount of cash received from the exercise of stock options was $62,375 and $119,778, respectively.</p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company did not grant any options to non-employees during the nine months ended July 31, 2011 and granted 13,000 options during the nine months ended July 31, 2012, the fair value of which was approximately $37,000.</p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">At July 31, 2012, there was approximately $1,229,000 of total unrecognized compensation cost related to non-vested stock option awards which is expected to be recognized over a weighted-average period of 1.2 years. There were 188,304 and 268,977 options that became vested during the nine months ended July 31, 2011 and 2012, respectively, with the total fair value of these awards of approximately $322,000 and $488,000 respectively.</p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following table shows information about outstanding stock options at July 31, 2012:</p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 95%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td colspan="6" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="10" nowrap="nowrap">Options Outstanding</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Options Exercisable</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="6" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="6" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Range of</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Shares</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Remaining</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Exercise Prices</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Outstanding</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Contractual Term</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Exercise Price</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Shares</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Exercise Price</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 12%;">0.64</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 12%;">1.48</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 12%;">139,809</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 11%;">6.95</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">0.74</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 11%;">102,322</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">0.75</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">448,840</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">8.07</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">156,386</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">1.76</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.40</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">213,025</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">5.01</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">2.28</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">209,550</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">2.29</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">3.52</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.44</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">212,317</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">5.96</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.72</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">146,873</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.58</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">4.48</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.59</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">273,594</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">3.98</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.51</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">267,458</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.51</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">4.60</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.74</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">262,500</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">9.21</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.75</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">4.75</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6.07</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">431,728</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.52</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">5.17</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">261,026</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">5.25</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">6.08</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">10.64</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">136,556</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">1.92</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">8.99</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">128,019</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">9.12</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">0.64</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">10.64</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,118,369</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.38</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.79</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,271,634</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.99</td> <td style="text-align: left;"> </td> </tr> </table>
</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>
<us-gaap:ScheduleOfInventoryCurrentTableTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Inventory consists of the following (in thousands):</p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 76%;">Raw materials</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">170</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">243</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt;">Finished goods</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">18</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">73</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">188</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">316</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</us-gaap:ScheduleOfInventoryCurrentTableTextBlock>
<us-gaap:PropertyPlantAndEquipmentTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; margin: 0pt 0px 0pt 13.5pt; font: 10pt times new roman, times, serif;">Property and equipment, net consist of the following (in thousands, except number of years):</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="text-align: center;" colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="text-align: center;" colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Life (years)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="text-align: center; padding-bottom: 1pt;" colspan="2" nowrap="nowrap">(Unaudited)</td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 64%;">Equipment</td> <td style="width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 9%;">1-3</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">19,099</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">18,773</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Furniture and fixtures</td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;">5</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">687</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">688</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt;">Leasehold improvements</td> <td style="padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">553</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">567</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">20,339</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">20,028</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 0.24in;">Less: Accumulated depreciation</td> <td style="padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">(19,019</td> <td style="text-align: left; padding-bottom: 1pt;">)</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">(18,557</td> <td style="text-align: left; padding-bottom: 1pt;">)</td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,320</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,471</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</us-gaap:PropertyPlantAndEquipmentTextBlock>
<us-gaap:ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-indent: 13.7pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following table presents details of intangible assets acquired (in thousands, except number of years):</p> <p style="text-indent: 13.7pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Amortization</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Period (Years)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; width: 64%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: center; width: 1%;"> </td> <td style="text-align: center; width: 9%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">(Unaudited)</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Intangible assets: </td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-left: 9pt;">Technology</td> <td> </td> <td style="text-align: center;" colspan="2">5</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6,407</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6,407</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-left: 9pt;">Accumulated amortization</td> <td> </td> <td style="text-align: center;"> </td> <td style="text-align: center;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(6,297</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(6,407</td> <td style="text-align: left;">)</td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: center; padding-bottom: 1pt;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;">Net carrying value</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: center; padding-bottom: 2.5pt;"> </td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">110</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">-</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</us-gaap:ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock>
<us-gaap:ScheduleOfAccruedLiabilitiesTableTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Accrued expenses consist of the following (in thousands):</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"></p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 76%;">Payroll related</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,475</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,528</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Professional services</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">271</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">222</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Warranty reserve</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">22</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">16</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Customer deposits</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">135</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 1pt;">Other</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">388</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">435</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">2,156</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">2,336</td> </tr> </table>
</us-gaap:ScheduleOfAccruedLiabilitiesTableTextBlock>
<us-gaap:ScheduleOfProductWarrantyLiabilityTableTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Warranty reserve activity during the year ended October 31, 2011 and nine months ended July 31, 2012 was as follows (in thousands):</p> <p style="text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 95%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Balance at</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Charged to</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Balance at</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Beginning</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Costs and</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Reserve</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">End of</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">of Period</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Expenses</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Usage</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Period</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td>Year ended October 31, 2011</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt; width: 52%;">Warranty reserve</td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">30</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">9</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">(17</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;">)</td> <td style="padding-bottom: 2.5pt; width: 1%;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right; width: 9%;">22</td> <td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td>Nine months ended July 31, 2012 (unaudited)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt;">Warranty reserve</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">22</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">12</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">(18</td> <td style="text-align: left; padding-bottom: 2.5pt;">)</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">16</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">  </p>
</us-gaap:ScheduleOfProductWarrantyLiabilityTableTextBlock>
<us-gaap:DeferredRevenueByArrangementDisclosureTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Deferred revenue, current portion, consists of the following (in thousands):</p> <p style="margin: 0pt 0px 0pt 13.5pt; font: 10pt times new roman, times, serif;"> </p> <table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 76%;">Product</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">558</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">354</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td>Services</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">449</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,511</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-bottom: 1pt;">Other</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">2</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">43</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,009</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,908</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</us-gaap:DeferredRevenueByArrangementDisclosureTextBlock>
<us-gaap:ScheduleOfDebtInstrumentsTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; text-indent: 13.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">Current portion of long term debt and long term liabilities consists of the following (in thousands):</p> <p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.25in;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">October 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">July 31,</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2">(Unaudited)</td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Current portion of long term debt:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-left: 9pt; width: 76%;">Line of credit</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,973</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">1,973</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt;">Current portion of term loan</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">-</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">970</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,973</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">2,943</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Long term liabilities:</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-left: 9pt;">Long term deferred revenue</td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">126</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">309</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 9pt;">Long term portion of term loan</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">-</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">1,608</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">126</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,917</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</us-gaap:ScheduleOfDebtInstrumentsTextBlock>
<crds:ScheduleOfEmployeesAndNonEmployeesServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The Company realized stock-based compensation expense for all awards issued under the Company’s stock plans in the following line items in the consolidated statements of operations:</p> <p style="text-align: justify; text-indent: 0.25in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Nine months ended July 31,</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: center;" colspan="6">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 76%;">Cost of revenue</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">3</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">24</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Sales and marketing</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">113</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">403</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Research and development</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">98</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">454</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 1pt;">General and administrative</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">88</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">399</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 9pt;">Total stock-based compensation</td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">302</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> <td style="padding-bottom: 2.5pt;"> </td> <td style="border-bottom: black 2.5pt double; text-align: left;">$</td> <td style="border-bottom: black 2.5pt double; text-align: right;">1,280</td> <td style="text-align: left; padding-bottom: 2.5pt;"> </td> </tr> </table>
</crds:ScheduleOfEmployeesAndNonEmployeesServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock>
<crds:VariablesUsedInBlackSholesCalculationTableTextBlock contextRef="Context_9ME_31-Jul-2012">
<div>The variables used in the Black-Scholes calculation are listed below for the respective periods:</div> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 80%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Nine months ended July 31,</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2011</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">2012</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;"> </td> <td> </td> <td style="text-align: center;" colspan="6">(Unaudited)</td> <td> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-weight: bold;"> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> <td style="font-weight: bold;"> </td> <td style="text-align: center; font-weight: bold;" colspan="2"> </td> <td style="font-weight: bold;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 76%;">Expected dividend yield</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">0</td> <td style="text-align: left; width: 1%;">%</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">0</td> <td style="text-align: left; width: 1%;">%</td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Expected volatility</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">69 - 70</td> <td style="text-align: left;">% </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">69 - 71</td> <td style="text-align: left;">% </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">Risk-free interest rate</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> 1.4 - 2.3</td> <td style="text-align: left;">% </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> 0.7 - 1.0</td> <td style="text-align: left;">% </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">Expected term (years)</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.1</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.1</td> <td style="text-align: left;"> </td> </tr> </table>
</crds:VariablesUsedInBlackSholesCalculationTableTextBlock>
<us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following table summarizes information about stock option activity for the nine months ended July 31, 2012 (unaudited):</p> <p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Number of<br />Shares</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted<br />Average<br />Exercise Price</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted Average<br />Remaining<br />Contractual Term<br />(years)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average<br />Intrinsic<br />Value ($M)</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> <td> </td> <td style="text-align: center;" colspan="2"> </td> <td> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="width: 52%;">Outstanding at October 31, 2011</td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">2,216,473</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">3.90</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 9%;">6.63</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 9%;">3.5</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-left: 9pt;">Granted</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">119,033</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.85</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="padding-left: 9pt;">Forfeited</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">(160,961</td> <td style="text-align: left;">)</td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6.76</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="padding-bottom: 1pt; padding-left: 9pt;">Exercised</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">(56,176</td> <td style="text-align: left; padding-bottom: 1pt;">)</td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">2.13</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;"> </td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left; text-indent: -0.1in; padding-left: 0.1in;">Outstanding and expected to vest at July 31, 2012</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,118,369</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.79</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.38</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.8</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-indent: -0.1in; padding-left: 0.1in;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-indent: -0.1in; padding-left: 0.1in;">Exercisable at July 31, 2012</td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,271,634</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.99</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">4.81</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.0</td> <td style="text-align: left;"> </td> </tr> </table>
</us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock>
<crds:ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansToEmployeesAndNonEmployeesByExercisePriceRangeTableTextBlock contextRef="Context_9ME_31-Jul-2012">
<p style="text-align: justify; text-indent: 24.5pt; margin: 0pt 0px; font: 10pt times new roman, times, serif;">The following table shows information about outstanding stock options at July 31, 2012:</p> <p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"> </p> <table style="width: 95%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"> <tr style="vertical-align: bottom;"> <td colspan="6" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="10" nowrap="nowrap">Options Outstanding</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Options Exercisable</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="6" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td colspan="6" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td colspan="2" nowrap="nowrap"> </td> <td nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Weighted</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Range of</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Shares</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Remaining</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="font-weight: bold;" nowrap="nowrap"> </td> <td style="text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Average</td> <td style="font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap">Exercise Prices</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Outstanding</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Contractual Term</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Exercise Price</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Shares</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> <td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap">Exercise Price</td> <td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 12%;">0.64</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 12%;">1.48</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 12%;">139,809</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 11%;">6.95</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">0.74</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;"> </td> <td style="text-align: right; width: 11%;">102,322</td> <td style="text-align: left; width: 1%;"> </td> <td style="width: 1%;"> </td> <td style="text-align: left; width: 1%;">$</td> <td style="text-align: right; width: 11%;">0.75</td> <td style="text-align: left; width: 1%;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">448,840</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">8.07</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">156,386</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">1.56</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">1.76</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.40</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">213,025</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">5.01</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">2.28</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">209,550</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">2.29</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">3.52</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.44</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">212,317</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">5.96</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.72</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">146,873</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.58</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">4.48</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.59</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">273,594</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">3.98</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.51</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">267,458</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.51</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">4.60</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.74</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">262,500</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">9.21</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">4.75</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">-</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">4.75</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">6.07</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">431,728</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.52</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">5.17</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">261,026</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">5.25</td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">6.08</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">10.64</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">136,556</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">1.92</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">8.99</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; text-align: right;">128,019</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> <td style="padding-bottom: 1pt;"> </td> <td style="border-bottom: black 1pt solid; text-align: left;">$</td> <td style="border-bottom: black 1pt solid; text-align: right;">9.12</td> <td style="text-align: left; padding-bottom: 1pt;"> </td> </tr> <tr style="background-color: #ccffcc; vertical-align: bottom;"> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;"> </td> <td style="text-align: left;"> </td> </tr> <tr style="background-color: white; vertical-align: bottom;"> <td style="text-align: left;">$</td> <td style="text-align: right;">0.64</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">10.64</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">2,118,369</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">6.38</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.79</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;"> </td> <td style="text-align: right;">1,271,634</td> <td style="text-align: left;"> </td> <td> </td> <td style="text-align: left;">$</td> <td style="text-align: right;">3.99</td> <td style="text-align: left;"> </td> </tr> </table>
</crds:ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansToEmployeesAndNonEmployeesByExercisePriceRangeTableTextBlock>
<us-gaap:CostOfRevenue contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="-6"> 0 </us-gaap:CostOfRevenue>
<us-gaap:CostOfRevenue contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-5"> 400000 </us-gaap:CostOfRevenue>
<us-gaap:CommercialPaper contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="0"> 2683000 </us-gaap:CommercialPaper>
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<us-gaap:InventoryRawMaterials contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 170000 </us-gaap:InventoryRawMaterials>
<us-gaap:InventoryRawMaterials contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 243000 </us-gaap:InventoryRawMaterials>
<us-gaap:InventoryFinishedGoods contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 18000 </us-gaap:InventoryFinishedGoods>
<us-gaap:InventoryFinishedGoods contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 73000 </us-gaap:InventoryFinishedGoods>
<us-gaap:MachineryAndEquipmentGross contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 19099000 </us-gaap:MachineryAndEquipmentGross>
<us-gaap:MachineryAndEquipmentGross contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 18773000 </us-gaap:MachineryAndEquipmentGross>
<us-gaap:FurnitureAndFixturesGross contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 687000 </us-gaap:FurnitureAndFixturesGross>
<us-gaap:FurnitureAndFixturesGross contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 688000 </us-gaap:FurnitureAndFixturesGross>
<us-gaap:LeaseholdImprovementsGross contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 553000 </us-gaap:LeaseholdImprovementsGross>
<us-gaap:LeaseholdImprovementsGross contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 567000 </us-gaap:LeaseholdImprovementsGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 20339000 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:PropertyPlantAndEquipmentGross contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 20028000 </us-gaap:PropertyPlantAndEquipmentGross>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> -19019000 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> -18557000 </us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:PropertyPlantAndEquipmentUsefulLife contextRef="Context_9ME_31-Jul-2012_PropertyPlantAndEquipmentByTypeAxis_MachineryAndEquipmentMember_RangeAxis_MinimumMember"> P1Y </us-gaap:PropertyPlantAndEquipmentUsefulLife>
<us-gaap:PropertyPlantAndEquipmentUsefulLife contextRef="Context_9ME_31-Jul-2012_PropertyPlantAndEquipmentByTypeAxis_FurnitureAndFixturesMember"> P5Y </us-gaap:PropertyPlantAndEquipmentUsefulLife>
<us-gaap:PropertyPlantAndEquipmentUsefulLife contextRef="Context_9ME_31-Jul-2012_PropertyPlantAndEquipmentByTypeAxis_MachineryAndEquipmentMember_RangeAxis_MaximumMember"> P3Y </us-gaap:PropertyPlantAndEquipmentUsefulLife>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 6407000 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 6407000 </us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> -6297000 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> -6407000 </us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:FiniteLivedIntangibleAssetsRemainingAmortizationPeriod contextRef="Context_9ME_31-Jul-2012"> 5 Years </us-gaap:FiniteLivedIntangibleAssetsRemainingAmortizationPeriod>
<crds:BusinessAcquisitionPurchasePriceOfIntangibleAssets contextRef="Context_FYE_31-Dec-2006_RelatedPartyTransactionsByRelatedPartyAxis_TapeLaboratoriesIncMember" unitRef="USD" decimals="-5"> 5700000 </crds:BusinessAcquisitionPurchasePriceOfIntangibleAssets>
<crds:BusinessAcquisitionPurchasePriceOfIntangibleAssets contextRef="Context_FYE_31-Dec-2007_RelatedPartyTransactionsByRelatedPartyAxis_GrauDataStorageGMember" unitRef="USD" decimals="-5"> 700000 </crds:BusinessAcquisitionPurchasePriceOfIntangibleAssets>
<us-gaap:EmployeeRelatedLiabilitiesCurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 1475000 </us-gaap:EmployeeRelatedLiabilitiesCurrent>
<us-gaap:EmployeeRelatedLiabilitiesCurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 1528000 </us-gaap:EmployeeRelatedLiabilitiesCurrent>
<us-gaap:AccruedProfessionalFeesCurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 271000 </us-gaap:AccruedProfessionalFeesCurrent>
<us-gaap:AccruedProfessionalFeesCurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 222000 </us-gaap:AccruedProfessionalFeesCurrent>
<us-gaap:ProductWarrantyAccrualClassifiedCurrent contextRef="Context_As_Of_31-Oct-2010" unitRef="USD" decimals="-3"> 30000 </us-gaap:ProductWarrantyAccrualClassifiedCurrent>
<us-gaap:ProductWarrantyAccrualClassifiedCurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 22000 </us-gaap:ProductWarrantyAccrualClassifiedCurrent>
<us-gaap:ProductWarrantyAccrualClassifiedCurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 16000 </us-gaap:ProductWarrantyAccrualClassifiedCurrent>
<us-gaap:CustomerDepositsCurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 0 </us-gaap:CustomerDepositsCurrent>
<us-gaap:CustomerDepositsCurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 135000 </us-gaap:CustomerDepositsCurrent>
<us-gaap:OtherAccruedLiabilitiesCurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 388000 </us-gaap:OtherAccruedLiabilitiesCurrent>
<us-gaap:OtherAccruedLiabilitiesCurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 435000 </us-gaap:OtherAccruedLiabilitiesCurrent>
<us-gaap:ProductWarrantyExpense contextRef="Context_FYE_31-Oct-2011" unitRef="USD" decimals="-3"> 9000 </us-gaap:ProductWarrantyExpense>
<us-gaap:ProductWarrantyExpense contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-3"> 12000 </us-gaap:ProductWarrantyExpense>
<us-gaap:ProductWarrantyAccrualPayments contextRef="Context_FYE_31-Oct-2011" unitRef="USD" decimals="-3"> -17000 </us-gaap:ProductWarrantyAccrualPayments>
<us-gaap:ProductWarrantyAccrualPayments contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-3"> -18000 </us-gaap:ProductWarrantyAccrualPayments>
<us-gaap:AccruedBonusesCurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="0"> 587000 </us-gaap:AccruedBonusesCurrent>
<us-gaap:AccruedBonusesCurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="0"> 544000 </us-gaap:AccruedBonusesCurrent>
<us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="Context_Custom_31-Jan-2012" unitRef="shares" decimals="0"> 83959 </us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
<us-gaap:LineOfCredit contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 1973000 </us-gaap:LineOfCredit>
<us-gaap:LineOfCredit contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 1973000 </us-gaap:LineOfCredit>
<us-gaap:OtherLongTermDebtCurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 0 </us-gaap:OtherLongTermDebtCurrent>
<us-gaap:OtherLongTermDebtCurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 970000 </us-gaap:OtherLongTermDebtCurrent>
<crds:LongTermDeferredRevenue contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 126000 </crds:LongTermDeferredRevenue>
<crds:LongTermDeferredRevenue contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 309000 </crds:LongTermDeferredRevenue>
<us-gaap:OtherLongTermDebtNoncurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 0 </us-gaap:OtherLongTermDebtNoncurrent>
<us-gaap:OtherLongTermDebtNoncurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 1608000 </us-gaap:OtherLongTermDebtNoncurrent>
<us-gaap:DerivativeLiabilitiesNoncurrent contextRef="Context_As_Of_31-Oct-2011" unitRef="USD" decimals="-3"> 126000 </us-gaap:DerivativeLiabilitiesNoncurrent>
<us-gaap:DerivativeLiabilitiesNoncurrent contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-3"> 1917000 </us-gaap:DerivativeLiabilitiesNoncurrent>
<crds:PercentageOfBorrowingBaseForLineOfCreditFacility contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 0.80 </crds:PercentageOfBorrowingBaseForLineOfCreditFacility>
<us-gaap:LineOfCreditFacilityInterestRateDuringPeriod contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="4"> 0.0025 </us-gaap:LineOfCreditFacilityInterestRateDuringPeriod>
<us-gaap:LineOfCreditFacilityExpirationDate1 contextRef="Context_9ME_31-Jul-2012"> 2012-12-27 </us-gaap:LineOfCreditFacilityExpirationDate1>
<us-gaap:DebtInstrumentIssuanceDate1 contextRef="Context_Custom_31-Jul-2012_DebtInstrumentAxis_TermLoanMember"> 2011-11-09 </us-gaap:DebtInstrumentIssuanceDate1>
<us-gaap:DebtInstrumentFaceAmount contextRef="Context_As_Of_09-Nov-2011_DebtInstrumentAxis_TermLoanMember" unitRef="USD" decimals="-5"> 500000 </us-gaap:DebtInstrumentFaceAmount>
<us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity contextRef="Context_As_Of_09-Nov-2011_DebtInstrumentAxis_TermLoanMember" unitRef="USD" decimals="-6"> 3000000 </us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity>
<us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-6"> 4000000 </us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity>
<crds:LineOfCreditFacilityRepaymentPeriod contextRef="Context_Custom_31-Jul-2012_DebtInstrumentAxis_TermLoanMember"> P36M </crds:LineOfCreditFacilityRepaymentPeriod>
<us-gaap:LineOfCreditFacilityInterestRateDescription contextRef="Context_Custom_31-Jul-2012_DebtInstrumentAxis_TermLoanMember"> Prime Rate, plus a margin of 2.5 </us-gaap:LineOfCreditFacilityInterestRateDescription>
<us-gaap:DebtInstrumentIncreaseAccruedInterest contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="0"> 67000 </us-gaap:DebtInstrumentIncreaseAccruedInterest>
<us-gaap:DebtInstrumentIncreaseAccruedInterest contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 144000 </us-gaap:DebtInstrumentIncreaseAccruedInterest>
<us-gaap:LineOfCreditFacilityAmountOutstanding contextRef="Context_As_Of_09-Nov-2011_DebtInstrumentAxis_TermLoanMember" unitRef="USD" decimals="-5"> 2600000 </us-gaap:LineOfCreditFacilityAmountOutstanding>
<us-gaap:LineOfCreditFacilityFrequencyOfPayments contextRef="Context_Custom_31-Jul-2012_DebtInstrumentAxis_TermLoanMember"> equal monthly payments </us-gaap:LineOfCreditFacilityFrequencyOfPayments>
<us-gaap:DebtInstrumentBasisSpreadOnVariableRate contextRef="Context_As_Of_09-Nov-2011_DebtInstrumentAxis_TermLoanMember" unitRef="pure" decimals="4"> 0.0250 </us-gaap:DebtInstrumentBasisSpreadOnVariableRate>
<us-gaap:OperatingLeasesRentExpenseNet contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="0"> 412000 </us-gaap:OperatingLeasesRentExpenseNet>
<us-gaap:OperatingLeasesRentExpenseNet contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 363000 </us-gaap:OperatingLeasesRentExpenseNet>
<crds:OperatingLeasesAgreementDescription contextRef="Context_9ME_31-Jul-2012"> The term of the extension agreement is five years, from March 1, 2010 through February 28, 2015, and represents a lease commitment of $374,000 per year through the remaining lease term. </crds:OperatingLeasesAgreementDescription>
<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="Context_9ME_31-Jul-2011" unitRef="shares" decimals="0"> 3125000 </us-gaap:StockIssuedDuringPeriodSharesNewIssues>
<crds:StockIssuedDuringPeriodNewIssuesParValuePerShare contextRef="Context_9ME_31-Jul-2011" unitRef="USD_per_Share" decimals="2"> 3.20 </crds:StockIssuedDuringPeriodNewIssuesParValuePerShare>
<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="-5"> 10000000 </us-gaap:StockIssuedDuringPeriodValueNewIssues>
<crds:NumberOfCommonStockSharesGrantedByIssueOfWarrantsUnderPrivatePlacement contextRef="Context_9ME_31-Jul-2011" unitRef="shares" decimals="0"> 1074212 </crds:NumberOfCommonStockSharesGrantedByIssueOfWarrantsUnderPrivatePlacement>
<crds:ExercisePricePerShareOfCommonStockIssuedByConversionOfWarrants contextRef="Context_9ME_31-Jul-2011" unitRef="USD_per_Share" decimals="2"> 3.20 </crds:ExercisePricePerShareOfCommonStockIssuedByConversionOfWarrants>
<us-gaap:PaymentsOfStockIssuanceCosts contextRef="Context_9ME_31-Jul-2011_SubsidiarySaleOfStockAxis_PrivatePlacementMember" unitRef="USD" decimals="-5"> 800000 </us-gaap:PaymentsOfStockIssuanceCosts>
<us-gaap:WarrantsAndRightsOutstanding contextRef="Context_As_Of_31-Jul-2012_SubsidiarySaleOfStockAxis_PrivatePlacementMember" unitRef="USD" decimals="-5"> 1300000 </us-gaap:WarrantsAndRightsOutstanding>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate contextRef="Context_9ME_31-Jul-2011_SubsidiarySaleOfStockAxis_WarrantMember" unitRef="pure" decimals="2"> 0.00 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate>
<crds:WarrantsFairValueAssumptionsExpectedVolatilityRate contextRef="Context_9ME_31-Jul-2011_SubsidiarySaleOfStockAxis_WarrantMember" unitRef="pure" decimals="2"> 0.68 </crds:WarrantsFairValueAssumptionsExpectedVolatilityRate>
<crds:WarrantsFairValueAssumptionsRiskFreeInterestRate contextRef="Context_9ME_31-Jul-2011_SubsidiarySaleOfStockAxis_WarrantMember" unitRef="pure" decimals="4"> 0.0147 </crds:WarrantsFairValueAssumptionsRiskFreeInterestRate>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="0"> 302 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2011_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_CostOfSalesMember" unitRef="USD" decimals="0"> 3 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2011_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_SellingAndMarketingExpenseMember" unitRef="USD" decimals="0"> 113 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2011_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_ResearchAndDevelopmentExpenseMember" unitRef="USD" decimals="0"> 98 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2011_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_GeneralAndAdministrativeExpenseMember" unitRef="USD" decimals="0"> 88 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 1280 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2012_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_CostOfSalesMember" unitRef="USD" decimals="0"> 24 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2012_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_SellingAndMarketingExpenseMember" unitRef="USD" decimals="0"> 403 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2012_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_ResearchAndDevelopmentExpenseMember" unitRef="USD" decimals="0"> 454 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:ShareBasedCompensationToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2012_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsByReportLineAxis_GeneralAndAdministrativeExpenseMember" unitRef="USD" decimals="0"> 399 </crds:ShareBasedCompensationToEmployeesAndNonEmployees>
<crds:StockOptionsToEmployeesAndNonemployeesFairValueAssumptionExpectedDividendRate contextRef="Context_9ME_31-Jul-2011" unitRef="pure" decimals="2"> 0.00 </crds:StockOptionsToEmployeesAndNonemployeesFairValueAssumptionExpectedDividendRate>
<crds:StockOptionsToEmployeesAndNonemployeesFairValueAssumptionExpectedDividendRate contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 0.00 </crds:StockOptionsToEmployeesAndNonemployeesFairValueAssumptionExpectedDividendRate>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMinimum contextRef="Context_9ME_31-Jul-2011" unitRef="pure" decimals="2"> 0.69 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMinimum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMinimum contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 0.69 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMinimum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMaximum contextRef="Context_9ME_31-Jul-2011" unitRef="pure" decimals="2"> 0.70 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMaximum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMaximum contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 0.71 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedVolatilityRateMaximum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMinimum contextRef="Context_9ME_31-Jul-2011" unitRef="pure" decimals="3"> 0.014 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMinimum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMinimum contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="3"> 0.007 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMinimum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMaximum contextRef="Context_9ME_31-Jul-2011" unitRef="pure" decimals="3"> 0.023 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMaximum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMaximum contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="3"> 0.010 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionRiskFreeInterestRateMaximum>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedTerm contextRef="Context_9ME_31-Jul-2011" unitRef="pure" decimals="1"> 6.1 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedTerm contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="1"> 6.1 </crds:StockOptionsToEmployeesAndNonEmployeesFairValueAssumptionExpectedTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Oct-2011" unitRef="shares" decimals="0"> 2216473 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012" unitRef="shares" decimals="0"> 2118369 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesTwoMember" unitRef="shares" decimals="0"> 448840 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan2010Member" unitRef="shares" decimals="0"> 1073622 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesEightMember" unitRef="shares" decimals="0"> 136556 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFiveMember" unitRef="shares" decimals="0"> 273594 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSixMember" unitRef="shares" decimals="0"> 262500 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesThreeMember" unitRef="shares" decimals="0"> 213025 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSevenMember" unitRef="shares" decimals="0"> 431728 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFourMember" unitRef="shares" decimals="0"> 212317 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesOneMember" unitRef="shares" decimals="0"> 139809 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber contextRef="Context_As_Of_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan1999Member" unitRef="shares" decimals="0"> 1044747 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingNumber>
<crds:StockOptionsGrantedToEmployeesAndNonEmployeesDuringPeriod contextRef="Context_9ME_31-Jul-2012" unitRef="shares" decimals="0"> 119033 </crds:StockOptionsGrantedToEmployeesAndNonEmployeesDuringPeriod>
<crds:StockOptionsGrantedToEmployeesAndNonEmployeesForfeitedDuringPeriod contextRef="Context_9ME_31-Jul-2012" unitRef="shares" decimals="0"> -160961 </crds:StockOptionsGrantedToEmployeesAndNonEmployeesForfeitedDuringPeriod>
<crds:StockOptionsGrantedToEmployeesAndNonEmployeesExercisedDuringPeriod contextRef="Context_9ME_31-Jul-2012" unitRef="shares" decimals="0"> -56176 </crds:StockOptionsGrantedToEmployeesAndNonEmployeesExercisedDuringPeriod>
<crds:StockOptionsGrantedToEmployeesAndNonEmployeesExercisableNumber contextRef="Context_9ME_31-Jul-2012" unitRef="shares" decimals="0"> 1271634 </crds:StockOptionsGrantedToEmployeesAndNonEmployeesExercisableNumber>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Oct-2011" unitRef="USD_per_Share" decimals="1"> 3.9 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012" unitRef="USD_per_Share" decimals="2"> 3.79 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesTwoMember" unitRef="USD_per_Share" decimals="2"> 1.56 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesEightMember" unitRef="USD_per_Share" decimals="2"> 8.99 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFiveMember" unitRef="USD_per_Share" decimals="2"> 4.51 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSixMember" unitRef="USD_per_Share" decimals="2"> 4.75 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesThreeMember" unitRef="USD_per_Share" decimals="2"> 2.28 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSevenMember" unitRef="USD_per_Share" decimals="2"> 5.17 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFourMember" unitRef="USD_per_Share" decimals="2"> 3.72 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesOneMember" unitRef="USD_per_Share" decimals="2"> 0.74 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_9ME_31-Jul-2012" unitRef="USD_per_Share" decimals="2"> 4.85 </crds:StockOptionsToEmployeesAndNonEmployeesGrantsInPeriodWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesForfeituresInPeriodWeightedAverageExercisePrice contextRef="Context_9ME_31-Jul-2012" unitRef="USD_per_Share" decimals="2"> 6.76 </crds:StockOptionsToEmployeesAndNonEmployeesForfeituresInPeriodWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisesInPeriodWeightedAverageExercisePrice contextRef="Context_9ME_31-Jul-2012" unitRef="USD_per_Share" decimals="2"> 2.13 </crds:StockOptionsToEmployeesAndNonEmployeesExercisesInPeriodWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012" unitRef="USD_per_Share" decimals="2"> 3.99 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesTwoMember" unitRef="USD_per_Share" decimals="2"> 1.56 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesEightMember" unitRef="USD_per_Share" decimals="2"> 9.12 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFiveMember" unitRef="USD_per_Share" decimals="2"> 4.51 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSixMember" unitRef="USD_per_Share" decimals="0"> 0 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesThreeMember" unitRef="USD_per_Share" decimals="2"> 2.29 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSevenMember" unitRef="USD_per_Share" decimals="2"> 5.25 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFourMember" unitRef="USD_per_Share" decimals="2"> 3.58 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesOneMember" unitRef="USD_per_Share" decimals="2"> 0.75 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageExercisePrice>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Oct-2011" unitRef="pure" decimals="2"> 6.63 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012" unitRef="pure" decimals="2"> 6.38 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesTwoMember" unitRef="pure" decimals="2"> 8.07 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesEightMember" unitRef="pure" decimals="2"> 1.92 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFiveMember" unitRef="pure" decimals="2"> 3.98 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSixMember" unitRef="pure" decimals="2"> 9.21 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesThreeMember" unitRef="pure" decimals="2"> 5.01 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSevenMember" unitRef="pure" decimals="2"> 6.52 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFourMember" unitRef="pure" decimals="2"> 5.96 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesOneMember" unitRef="pure" decimals="2"> 6.95 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm contextRef="Context_As_Of_31-Jul-2012" unitRef="pure" decimals="2"> 6.38 </crds:StockOptionsToEmployeesAndNonEmployeesVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageRemainingContractualTerm contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 4.81 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableWeightedAverageRemainingContractualTerm>
<crds:StockOptionsToEmployeesAndNonEmployeesOutstandingIntrinsicValue contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="1"> 3.5 </crds:StockOptionsToEmployeesAndNonEmployeesOutstandingIntrinsicValue>
<crds:StockOptionsToEmployeesAndNonEmployeesVestedAndExpectedToVestOutstandingAggregateIntrinsicValue contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="1"> 1.8 </crds:StockOptionsToEmployeesAndNonEmployeesVestedAndExpectedToVestOutstandingAggregateIntrinsicValue>
<crds:StockOptionsToEmployeesAndNonEmployeesExercisableAggregateIntrinsicValue contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="0"> 1 </crds:StockOptionsToEmployeesAndNonEmployeesExercisableAggregateIntrinsicValue>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 0.64 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesTwoMember" unitRef="pure" decimals="2"> 1.56 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesEightMember" unitRef="pure" decimals="2"> 6.08 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFiveMember" unitRef="pure" decimals="2"> 4.48 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSixMember" unitRef="pure" decimals="1"> 4.6 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesThreeMember" unitRef="pure" decimals="2"> 1.76 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSevenMember" unitRef="pure" decimals="2"> 4.75 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFourMember" unitRef="pure" decimals="2"> 3.52 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesOneMember" unitRef="pure" decimals="2"> 0.64 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeLowerRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 10.64 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesTwoMember" unitRef="pure" decimals="2"> 1.56 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesEightMember" unitRef="pure" decimals="2"> 10.64 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFiveMember" unitRef="pure" decimals="2"> 4.59 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSixMember" unitRef="pure" decimals="2"> 4.74 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesThreeMember" unitRef="pure" decimals="1"> 3.4 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSevenMember" unitRef="pure" decimals="2"> 6.07 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFourMember" unitRef="pure" decimals="2"> 4.44 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit contextRef="Context_9ME_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesOneMember" unitRef="pure" decimals="2"> 1.48 </crds:StockOptionPlansToEmployeesAndNonEmployeesExercisePriceRangeUpperRangeLimit>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012" unitRef="shares" decimals="0"> 1271634 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesTwoMember" unitRef="shares" decimals="0"> 156386 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesEightMember" unitRef="shares" decimals="0"> 128019 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFiveMember" unitRef="shares" decimals="0"> 267458 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSixMember" unitRef="shares" decimals="0"> 0 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesThreeMember" unitRef="shares" decimals="0"> 209550 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesSevenMember" unitRef="shares" decimals="0"> 261026 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesFourMember" unitRef="shares" decimals="0"> 146873 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:ShareBasedPaymentAwardOptionsExercisableNumber contextRef="Context_As_Of_31-Jul-2012_AwardTypeAxis_RangeOfExercisePricesOneMember" unitRef="shares" decimals="0"> 102322 </crds:ShareBasedPaymentAwardOptionsExercisableNumber>
<crds:CriteriaForIncreaseInNumberOfSharesReservedForOptions contextRef="Context_9ME_31-Jul-2012"> Four percent (4%) of the total outstanding shares on the last day of the prior calendar year, subject to a maximum annual increase of 250,000 </crds:CriteriaForIncreaseInNumberOfSharesReservedForOptions>
<crds:StockOptionsToEmployeesAndNonEmployeesAvailableForFutureGrants contextRef="Context_As_Of_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan2010Member" unitRef="shares" decimals="0"> 1810586 </crds:StockOptionsToEmployeesAndNonEmployeesAvailableForFutureGrants>
<crds:NumberOfOptionsToEmployeesAndNonEmployedPreviouslyExercisedReduced contextRef="Context_As_Of_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan2010Member" unitRef="shares" decimals="0"> 31833 </crds:NumberOfOptionsToEmployeesAndNonEmployedPreviouslyExercisedReduced>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="Context_9ME_31-Jul-2011" unitRef="USD_per_Share" decimals="2"> 4.25 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="Context_9ME_31-Jul-2012" unitRef="USD_per_Share" decimals="2"> 3.20 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="0"> 158778 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 187407 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue>
<us-gaap:ProceedsFromStockOptionsExercised contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="0"> 62375 </us-gaap:ProceedsFromStockOptionsExercised>
<us-gaap:ProceedsFromStockOptionsExercised contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 119778 </us-gaap:ProceedsFromStockOptionsExercised>
<crds:UnrecognizedCompensationCostRelatedToNonVestedStockOptionAwardsToEmployeesAndNonemployees contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 1229000 </crds:UnrecognizedCompensationCostRelatedToNonVestedStockOptionAwardsToEmployeesAndNonemployees>
<crds:ExpectedWeightedAveragePeriodOfRecognitionOfCompensationCostRelatedToStockOptionsToEmployeesAndNonEmployees contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="1"> 1.2 </crds:ExpectedWeightedAveragePeriodOfRecognitionOfCompensationCostRelatedToStockOptionsToEmployeesAndNonEmployees>
<crds:StockOptionsVestedBySharesToEmployeesAndNonEmployeesDuringPeriod contextRef="Context_9ME_31-Jul-2011" unitRef="shares" decimals="0"> 188304 </crds:StockOptionsVestedBySharesToEmployeesAndNonEmployeesDuringPeriod>
<crds:StockOptionsVestedBySharesToEmployeesAndNonEmployeesDuringPeriod contextRef="Context_9ME_31-Jul-2012" unitRef="shares" decimals="0"> 268977 </crds:StockOptionsVestedBySharesToEmployeesAndNonEmployeesDuringPeriod>
<crds:StockOptionsVestedToValueOfEmployeesAndNonEmployeesDuringPeriod contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="0"> 322000 </crds:StockOptionsVestedToValueOfEmployeesAndNonEmployeesDuringPeriod>
<crds:StockOptionsVestedToValueOfEmployeesAndNonEmployeesDuringPeriod contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 488000 </crds:StockOptionsVestedToValueOfEmployeesAndNonEmployeesDuringPeriod>
<crds:CommonStockSharesGranted contextRef="Context_Custom_31-Jan-2012" unitRef="shares" decimals="0"> 83959 </crds:CommonStockSharesGranted>
<crds:CommonStockSharesGranted contextRef="Context_9ME_31-Jul-2012" unitRef="shares" decimals="0"> 83959 </crds:CommonStockSharesGranted>
<crds:CommonStockValueGranted contextRef="Context_Custom_31-Jan-2012" unitRef="USD" decimals="0"> 433000 </crds:CommonStockValueGranted>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross contextRef="Context_9ME_31-Jul-2012" unitRef="shares" decimals="0"> 13000 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross>
<crds:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateFairValue contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 37000 </crds:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateFairValue>
<crds:ManagementBonusPercentage contextRef="Context_9ME_31-Jul-2012" unitRef="pure" decimals="2"> 0.67 </crds:ManagementBonusPercentage>
<crds:AccruedShareBasedCompensation contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="0"> 336000 </crds:AccruedShareBasedCompensation>
<crds:StockOptionsToEmployeesAndNonEmployeesVested contextRef="Context_9ME_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan2010Member" unitRef="shares" decimals="0"> 1271634 </crds:StockOptionsToEmployeesAndNonEmployeesVested>
<us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment contextRef="Context_9ME_31-Jul-2012" unitRef="USD" decimals="-3"> 15000 </us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment>
<us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="Context_Custom_31-Jan-2012" unitRef="USD" decimals="0"> 407000 </us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
<!-- Footnote Section -->
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<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001093207 </xbrli:identifier>
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<xbrli:period>
<xbrli:instant> 2012-09-14 </xbrli:instant>
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<dei:EntityCommonStockSharesOutstanding contextRef="Context_As_Of_14-Sep-2012" unitRef="shares" decimals="0"> 11672074 </dei:EntityCommonStockSharesOutstanding>
<crds:StockOptionsToEmployeesAndNonEmployeesOptionsGrants contextRef="Context_9ME_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan2010Member" unitRef="shares" decimals="0"> 1165100 </crds:StockOptionsToEmployeesAndNonEmployeesOptionsGrants>
<crds:CommonStockSharesGranted contextRef="Context_9ME_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan2010Member" unitRef="shares" decimals="0"> 83959 </crds:CommonStockSharesGranted>
<crds:StockOptionsAuthorizedToBeIssuedToEmployeesAndNonEmployees contextRef="Context_As_Of_31-Jul-2012_StockOptionPlanAxis_StockOptionPlan2010Member" unitRef="shares" decimals="0"> 3000000 </crds:StockOptionsAuthorizedToBeIssuedToEmployeesAndNonEmployees>
<us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment contextRef="Context_9ME_31-Jul-2011" unitRef="USD" decimals="-3"> 0 </us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment>
<crds:WarrantsFairValueAssumptionsExpectedTerm contextRef="Context_9ME_31-Jul-2011_SubsidiarySaleOfStockAxis_WarrantMember"> P2Y6M </crds:WarrantsFairValueAssumptionsExpectedTerm>
<us-gaap:LineOfCreditFacilityAmountOutstanding contextRef="Context_As_Of_31-Jul-2012" unitRef="USD" decimals="-5"> 19700000 </us-gaap:LineOfCreditFacilityAmountOutstanding>
<xbrli:context id="Context_9ME_31-Jul-2012_FutureDateAxis_January312013Member">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001093207 </xbrli:identifier>
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<xbrldi:explicitMember dimension="crds:FutureDateAxis"> crds:January312013Member </xbrldi:explicitMember>
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<xbrli:startDate> 2011-11-01 </xbrli:startDate>
<xbrli:endDate> 2012-07-31 </xbrli:endDate>
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<us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="Context_9ME_31-Jul-2012_FutureDateAxis_January312013Member" unitRef="USD" decimals="0"> 336000 </us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
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