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Consolidated Statement of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Software license revenue $ 1,036,000 $ 737,000 $ 3,322,000 $ 1,711,000
Services and maintenance revenue 5,059,000 3,859,000 9,732,000 7,575,000
Total Revenues 6,095,000 4,596,000 13,054,000 9,286,000
Cost of software license fees 535,000 575,000 975,000 1,106,000
Cost of services and maintenance 3,507,000 2,750,000 6,520,000 5,352,000
Product Development 1,083,000 818,000 1,569,000 1,709,000
Sales and marketing 969,000 982,000 2,278,000 1,767,000
General and administrative 760,000 769,000 1,834,000 1,742,000
Total costs and expenses 6,854,000 5,894,000 13,176,000 11,676,000
Loss from operations (759,000) (1,298,000) (122,000) (2,390,000)
Interest income 6,000 36,000 11,000 45,000
Loss before income tax (753,000) (1,262,000) (111,000) (2,345,000)
Income tax expense 11,000 5,000 20,000 15,000
Net loss (764,000) (1,267,000) (131,000) (2,360,000)
Preferred Dividend 75,000 70,000 150,000 141,000
Net loss allocable to common stockholders (839,000) (1,337,000) (281,000) (2,501,000)
Cumulative translation adjustment and unrealized loss on investment (25,000) (56,000) 8,000 64,000
Comprehensive loss $ (789,000) $ (1,323,000) $ (123,000) $ (2,296,000)
Basic and Diluted loss per share allocable to common stockholders $ (0.24) $ (0.37) $ (0.08) $ (0.70)
Weighted average shares outstanding used in computing basic and diluted loss per share 3,560,000 3,555,000 3,560,000 3,555,000