XML 42 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Product $ 281 $ 364 $ 715 $ 571
Maintenance 656 660 1,285 1,309
Total 937 1,024 2,000 1,880
Cost of revenues:        
Product 48 114 118 158
Maintenance 184 182 365 376
Gross profit 705 728 1,517 1,346
Operating expenses:        
General and administrative 873 775 1,890 1,667
Sales and marketing 596 510 1,214 985
Research and development 1,152 995 2,181 1,914
Depreciation and amortization 46 26 88 55
Total 2,667 2,306 5,373 4,621
Loss from operations (1,962) (1,578) (3,856) (3,275)
Interest expense, net 105 73 184 75
Change in fair value of derivative liabilities    3,973    5,148
Other income, net (5) (4) (289) (108)
Loss before income taxes (2,062) (5,620) (3,751) (8,390)
Income tax expense 12 (1) 12 2
Net income (loss) (2,074) (5,619) (3,763) (8,392)
Preferred dividends (13) (13) (25) (25)
Net loss available to common shareholders $ (2,087) $ (5,632) $ (3,788) $ (8,417)
Net Loss per share $ (0.02) $ (0.07) $ (0.04) $ (0.11)
Preferred dividends $ 0.00 $ 0.00 $ 0.00 $ 0.00
Basic loss per share available to common shareholders $ (0.02) $ (0.07) $ (0.04) $ (0.11)
Basic weighted-average shares 91,930,400 78,581,502 90,293,758 77,718,825
Diluted income (loss) per common share - see Note 3:        
Diluted loss per share $ (0.02) $ (0.07) $ (0.04) $ (0.11)
Diluted weighted-average shares 91,930,400 78,581,502 90,293,758 77,718,825