Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations (Unaudited)

v3.3.0.814
Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Software licenses and appliances $ 3,267 $ 2,193 $ 6,970 $ 8,103
Service 6,335 3,660 17,365 10,083
Total revenues 9,602 5,853 24,335 18,186
Cost of revenues:        
Software licenses and appliances 1,057 615 1,996 2,850
Service 3,813 2,608 11,141 7,154
Total cost of revenues 4,870 3,223 13,137 10,004
Gross profit 4,732 2,630 11,198 8,182
Operating expenses:        
Research and development 2,848 2,321 8,508 6,609
Selling, general and administrative 9,059 7,473 26,549 21,411
Amortization of purchased intangibles 200 157 599 470
Total operating expenses 12,107 9,951 35,656 28,490
Operating loss (7,375) (7,321) (24,458) (20,308)
Other income (expense):        
Interest, net (10) 11 21 33
Loss on currency exchange (89) (33) (157) (56)
Other, net 0 (28) 0 (38)
Total other income (expense), net (99) (50) (136) (61)
Loss before income taxes (7,474) (7,371) (24,594) (20,369)
Income tax benefit (163) (4,492) (482) (5,938)
Net loss from continuing operations (7,311) (2,879) (24,112) (14,431)
Net income (loss) from discontinued operations, net of tax 79 11,559 (10) 14,365
Net loss $ (7,232) $ 8,680 $ (24,122) $ (66)
Net loss from continuing operations per share $ (0.79) $ (0.33) $ (2.61) $ (1.65)
Net income (loss) from discontinued operations per share 0.01 1.32 0.00 1.64
Net income (loss) per share $ (0.78) $ 0.99 $ (2.61) $ (0.01)
Basic and diluted weighted average shares outstanding 9,288 8,780 9,233 8,743