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Consolidated Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Software license fees $ 193,000 $ 2,286,000
Services and maintenance 6,271,000 4,673,000
Total revenues 6,464,000 6,959,000
Cost of software license fees 392,000 440,000
Cost of services and maintenance 3,933,000 3,013,000
Total cost of revenues 4,235,000 3,453,000
Gross Profit 2,139,000 3,506,000
Product Development 571,000 486,000
Sales and marketing 1,102,000 1,309,000
General and administrative 1,086,000 1,074,000
Total operating expenses 2,759,000 2,869,000
(Loss) income from operations (620,000) 637,000
Interest income 5,000 5,000
(Loss) income before income tax (615,000) 642,000
Income tax expense 18,000 9,000
Net (loss) income (633,000) 633,000
Preferred Dividend $ 75,000 $ 75,000
Net (loss) income allocable to common stockholders $ (708,000) $ 558,000
Basic net (loss) income per share allocable to common stockholders $ (0.20) $ 0.16
Diluted net (loss) income per share allocable to common stockholders $ (0.20) $ 0.13
Weighted average shares outstanding used in computing basic net (loss) income per share 3,567,000 3,555,000
Weighted average shares outstanding used in computing diluted net (loss) income per share 3,567,000 4,447,000