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Business Combinations (Tables)
6 Months Ended
Jan. 31, 2013
Business Acquisition [Line Items]  
Schedule Of Unaudited Pro Forma Information

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended January 31

 

 

 

 

 

2013

 

2012

 

 

 

Revenue

 

$

16,622 

 

$

15,138 

 

 

 

Net income (loss)

 

$

250 

 

$

(1,319)

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income(loss) per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.03 

 

$

(0.17)

 

 

 

Diluted

 

$

0.03 

 

$

(0.16)

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Pro Forma Adjustments

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended January 31

 

 

 

 

 

2013

 

2012

 

 

 

Amortization of internally developed technology

 

$

35 

 

$

52 

 

 

 

Amortization of intangible assets

 

 

67 

 

 

100 

 

 

 

Acquisition-related professional fees

 

 

(790)

 

 

 -

 

 

 

Interest expense

 

 

172 

 

 

259 

 

 

 

Income tax benefit

 

 

(438)

 

 

(1,101)

 

 

 

Schedule Of Contigent Earn-Outs

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance

$

 -

 

 

 

 

 

 

 

 

 

Fair value of earnout payable

 

500 

 

 

 

 

 

 

 

 

 

Net payments

 

 -

 

 

 

 

 

 

 

 

 

Imputed interest recognized

 

73 

 

 

 

 

 

 

 

 

 

Ending Balance

$

573 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Estimated Earnout Payable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ending July 31,

 

 

 

 

 

 

 

 

 

 

 

 

2013

$

 -

 

 

 

 

 

 

 

 

 

 

2014

 

270 

 

 

 

 

 

 

 

 

 

 

2015

 

266 

 

 

 

 

 

 

 

 

 

 

2016

 

267 

 

 

 

 

 

 

 

 

 

 

Total Estimated Payments

 

803 

 

 

 

 

 

 

 

 

 

 

Less imputed interest

 

(230)

 

 

 

 

 

 

 

 

 

 

Present value of Earnout

$

573 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50 Below [Member]
 
Business Acquisition [Line Items]  
Schedule Of Purchase Price Allocation

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase

 

 

 

 

 

 

 

 

Price

 

 

 

 

 

 

 

Cash

$

1,500 

 

 

 

 

 

 

 

Financed by note payable

 

3,500 

 

 

 

 

 

 

 

Assumed liabilities

 

4,642 

 

 

 

 

 

 

 

Purchase Price

$

9,642 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase

 

 

 

 

 

 

 

 

Allocation

 

 

 

 

 

 

 

Prepaid expenses

$

9 

 

 

 

 

 

 

 

Furniture and equipment

 

106 

 

 

 

 

 

 

 

Developed technology

 

950 

 

 

 

 

 

 

 

Tradenames

 

130 

 

 

 

 

 

 

 

Customer Relationships

 

2,180 

 

 

 

 

 

 

 

Goodwill

 

6,267 

 

 

 

 

 

 

 

Purchase Price Allocation

$

9,642 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ready2Ride [Member]
 
Business Acquisition [Line Items]  
Schedule Of Purchase Price Allocation

 

 

 

 

 

 

 

 

Purchase

 

 

 

 

Price

 

 

 

Cash- net

$

478 

 

 

 

Assumed liabilities

 

419 

 

 

 

Holdback

 

250 

 

 

 

Earnout

 

500 

 

 

 

Common Stock

 

101 

 

 

 

Purchase Price

$

1,748 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase

 

 

 

 

Allocation

 

 

 

Accounts receivable

$

43 

 

 

 

Furniture and equipment

 

12 

 

 

 

Unearned revenue

 

(86)

 

 

 

Developed technology

 

366 

 

 

 

Customer Relationships

 

880 

 

 

 

Goodwill

 

533 

 

 

 

Purchase Price Allocation

$

1,748