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9. Business Acquisition (Tables)
6 Months Ended
Jun. 30, 2014
Business Acquisition Tables  
Preliminary allocation of the purchase price
Consideration (including estimated unpaid contingent consideration):      
Cash   $ 195  
Common stock     134  
Contingent consideration     211  
Total consideration   $ 540  
         
Recognized amounts of identifiable assets acquired and liabilities assumed:        
Identifiable intangible assets   $ 353  
Commission liability     (10 )
Total identifiable net assets     343  
     Goodwill     197  
    $ 540  
Identified intangible assets acquired and the respective estimated periods over which such assets will be amortized
    Amount    

Weighted

Average useful life

(in years)

 
Customer relationships   $ 335       7  
Technology     18       3  
Total   $ 353          
                 
PBX Holdings, LLC. Acquisition

 

Consideration (including estimated unpaid contingent consideration):      
Cash   $ 300  
Common stock     107  
Contingent consideration     363  
Total consideration   $ 770  
         
Recognized amounts of identifiable assets acquired and liabilities assumed:        
Property and equipment   $ 7  
Identifiable intangible assets     688  
Total identifiable net assets     695  
     Goodwill     75  
    $ 770  

 

The following were the identified intangible assets acquired and the respective estimated periods over which such assets will be amortized (in thousands):

 

    Amount    

Weighted

Average useful life

(In years)

 
Technology   $ 180       2  
Customer relationships     508       10  
Total   $ 688