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 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Software licenses and appliances $ 2,193 $ 1,626 $ 8,103 $ 5,894
Service 3,660 2,758 10,083 7,668
Total revenues 5,853 4,384 18,186 13,562
Cost of revenues:        
Software licenses and appliances 615 1,019 2,850 2,184
Service 2,608 996 7,154 3,053
Total cost of revenues 3,223 2,015 10,004 5,237
Gross profit 2,630 2,369 8,182 8,325
Operating expenses:        
Research and development 2,321 2,078 6,609 6,629
Selling, general and administrative 7,473 4,668 21,411 15,251
Amortization of purchased intangibles 157 157 470 471
Total operating expenses 9,951 6,903 28,490 22,351
Operating loss (7,321) (4,534) (20,308) (14,026)
Other income (expense):        
Interest, net 11 7 33 23
Loss on currency exchange (33) (21) (56) (24)
Other, net (28) 2 (38) 0
Total other expense, net (50) (12) (61) (1)
Loss before income taxes (7,371) (4,546) (20,369) (14,027)
Income tax benefit (4,492) (1,085) (5,938) (2,393)
Net loss from continuing operations (2,879) (3,461) (14,431) (11,634)
Net income from discontinued operations, net of tax 11,559 2,445 14,365 4,689
Net income (loss) $ 8,680 $ (1,016) $ (66) $ (6,945)
Net loss from continuing operations per share $ (0.33) $ (0.40) $ (1.65) $ (1.34)
Net income from discontinued operations per share $ 1.32 $ 0.28 $ 1.64 $ 0.54
Net income (loss) per share $ 0.99 $ (0.12) $ (0.01) $ (0.80)
Basic and diluted weighted average shares outstanding 8,780 8,697 8,743 8,689