XML 35 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Restructuring and Related Activities
12 Months Ended
Dec. 31, 2014
Restructuring and Related Activities:  
Restructuring and Related Activities Disclosure

Restructuring

 

In order to reduce operating costs and improve efficiencies, the Company adopted a restructuring plan in June 2013 to reduce certain redundant positions within the Company, eliminating the lease in Irvine, California in order to find office space more appropriate for its needs, and reduce its product development cost to be more in line proportionately to its competitors.  In June 2013, the Company internally announced that in connection with its restructuring plan, it would terminate the lease obligation in Irvine, California by paying a one-time lease termination payment of $125,000 which would allow the Company to terminate its lease 32 months prior to its scheduled expiration. In conjunction with the lease termination, the Company accelerated the amortization of leasehold improvements and its related deferred rent liability associated with the lease which resulted in a reduction of the deferred rent liability by $5,000 and the recognition of $62,000 related to termination benefits for the elimination of certain redundant positions.  Employees were eligible for separation benefits upon their termination.  During the third quarter of 2013, the Company announced an additional $44,000 of termination benefits related to the termination of certain positions in Israel.  As a result, the Company recorded a total of $226,000 in restructuring charges during 2013. No other costs were incurred, pursuant to the restructuring plan as of December 31, 2014.