Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations (Unaudited)

v2.4.0.8
Condensed Consolidated Statements Of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Product $ 13,065 $ 14,069
Service 5,727 5,427
Total revenues 18,792 19,496
Cost of revenues:    
Product 6,756 7,265
Service 3,474 2,997
Total cost of revenues 10,230 10,262
Gross profit 8,562 9,234
Operating expenses:    
Research and development 2,708 3,357
Selling, general and administrative 9,863 9,716
Amortization of purchased intangibles 157 157
Total operating expenses 12,728 13,230
Operating loss (4,166) (3,996)
Other income (expense):    
Interest, net 13 11
Loss on currency exchange (35) (107)
Other, net 211 (1)
Total other income (expense), net 189 (97)
Loss before income taxes (3,977) (4,093)
Income tax benefit (49) (54)
Net loss (3,928) (4,039)
Net loss attributable to the noncontrolling interest 0 62
Net loss attributable to Qumu $ (3,928) $ (3,977)
Net loss per basic and diluted share $ (0.45) $ (0.46)
Basic and diluted weighted average shares outstanding 8,700 8,679