XML 18 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Product $ 24,208 $ 39,845 $ 48,458 $ 79,331
Service 628 977 1,560 1,824
Total revenues 24,836 [1] 40,822 [1] 50,018 [1] 81,155 [1]
Cost of revenues:        
Cost of product 12,558 [2] 24,230 [2] 25,636 [2] 46,680 [2]
Cost of service 323 [2] 523 [2] 651 [2] 1,108 [2]
Total cost of revenues 12,881 24,753 26,287 47,788
Gross profit 11,955 16,069 23,731 33,367
Operating expenses:        
Product development 5,122 [2] 7,393 [2] 11,866 [2] 16,194 [2]
Sales and marketing 4,020 [2] 5,548 [2] 8,513 [2] 11,705 [2]
General and administrative 3,234 [2] 3,599 [2] 7,120 [2] 7,945 [2]
Litigation Charges 0 0 3,452 0
Restructuring charges 0 1,176 2,522 1,176
Total operating expenses 12,376 17,716 33,473 37,020
Loss from operations (421) (1,647) (9,742) (3,653)
Interest and other income (expense), net (164) 254 120 (10)
Interest expense on lease financing obligations (312) (344) (633) (695)
Loss before provision for income taxes (897) (1,737) (10,255) (4,358)
Income tax expense 106 144 143 91
Net loss (1,003) (1,881) (10,398) (4,449)
Net loss attributable to non controlling interest 176 0 324 0
Net loss attributable to Echelon Corporation Stockholders $ (827) $ (1,881) $ (10,074) $ (4,449)
Net loss per share:        
Basic $ (0.02) $ (0.04) $ (0.23) $ (0.10)
Diluted $ (0.02) $ (0.04) $ (0.23) $ (0.10)
Shares used in computing net loss per share:        
Basic 43,000 42,560 42,965 42,442
Diluted 43,000 42,560 42,965 42,442
[1] Includes related party amounts of $4,187 and $1,532 for the three months ended June 30, 2013 and 2012, respectively, and $6,077 and $1,759 for the six months ended June 30, 2013 and 2012, respectively. See Note 12 for additional information on related par
[2] See Note 4 for summary of amounts included representing stock-based compensation expense.