Mergers and Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value of Purchase Consideration in Acquired Business

The table below summarizes the determination of fair value of the purchase consideration in the acquired business as of the acquisition date (in thousands):

Cash	$	250
Common stock		916
Total purchase consideration	$	1,166

Estimated Fair Values of Assets Acquired and Liabilities Assumed

The table below summarizes the assessment of the estimated fair values of the assets acquired and liabilities assumed at the acquisition date (in thousands). The Company has obtained a third-party valuation of the assets acquired and liabilities assumed.

Cash	$	90
Accounts receivable, net		580
Other current assets		1,188
Property and equipment		185
Intangible assets		480
Accounts payable		(2,220	)
Deferred revenue		(946	)
Other current liabilities		(58	)
Total identifiable net liabilities at fair value		(701	)
Goodwill		1,867
Total purchase consideration	$	1,166