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Stock Repurchase Program
12 Months Ended
Dec. 31, 2012
Stock Repurchase Program [Abstract]  
Stock Repurchase Program

10. Stock Repurchase Program

In November 2011, the Company announced that its Board of Directors had approved a program authorizing the repurchase of up to five million shares of the Company’s common stock over a period of up to two years. Under this program, stock repurchases may be made from time to time and the actual amount expended will depend on a variety of factors including market conditions, regulatory and legal requirements, corporate cash generation and other factors. The stock repurchases may be made in both open market and privately negotiated transactions, and may include the use of Rule 10b5-1 trading plans. The program does not obligate Smith Micro to repurchase any particular amount of common stock during any period and the program may be modified or suspended at any time at the Company’s discretion. The Company did not repurchase any shares in fiscal year 2011. The Company repurchased 375,000 shares at a cost of $0.8 million during fiscal year 2012.