XML 50 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ 1,823us-gaap_NetIncomeLoss $ (393)us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 146us-gaap_DepreciationAndAmortization 163us-gaap_DepreciationAndAmortization
Realized loss on disposal of assets   33us-gaap_GainLossOnDispositionOfAssets1
Stock-based compensation 264us-gaap_ShareBasedCompensation 244us-gaap_ShareBasedCompensation
Changes in operating assets and liabilities:    
Accounts receivable, net 136us-gaap_IncreaseDecreaseInAccountsReceivable 2,763us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other assets 12us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 507us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Third-party software fees payable (1,454)bsqr_IncreaseDecreaseInThirdPartySoftwareFeesPayable (1,322)bsqr_IncreaseDecreaseInThirdPartySoftwareFeesPayable
Accounts payable and accrued expenses (487)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (646)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Deferred revenue (157)us-gaap_IncreaseDecreaseInDeferredRevenue 530us-gaap_IncreaseDecreaseInDeferredRevenue
Deferred rent (67)bsqr_IncreaseDecreaseInDeferredRent 16bsqr_IncreaseDecreaseInDeferredRent
Net cash provided by operating activities 216us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 1,895us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Purchases of equipment and furniture (11)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (80)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from maturities of short-term investments 5,310us-gaap_PaymentsForProceedsFromShortTermInvestments 4,460us-gaap_PaymentsForProceedsFromShortTermInvestments
Purchases of short-term investments (8,687)us-gaap_PaymentsToAcquireShortTermInvestments (3,297)us-gaap_PaymentsToAcquireShortTermInvestments
Net cash provided by (used in) investing activities (3,388)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 1,083us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows provided by financing activities:    
Proceeds from exercise of stock options 75us-gaap_ProceedsFromStockOptionsExercised 280us-gaap_ProceedsFromStockOptionsExercised
Effect of exchange rate changes on cash (82)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 77us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase (decrease) in cash and cash equivalents (3,179)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 3,335us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 13,127us-gaap_CashAndCashEquivalentsAtCarryingValue 13,510us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 9,948us-gaap_CashAndCashEquivalentsAtCarryingValue 16,845us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:    
Non-cash investing activity-leasehold improvements & furniture funded by landlord   $ 1,167bsqr_PaymentsForProceedsFromLeaseholdAllowance