Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Operations

v3.7.0.1
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Software licenses and appliances $ 5,839 $ 9,456 $ 11,363
Service 25,843 24,998 15,158
Total revenues 31,682 34,454 26,521
Cost of revenues:      
Software licenses and appliances 2,474 2,949 3,816
Service 9,886 14,550 10,656
Total cost of revenues 12,360 17,499 14,472
Gross profit 19,322 16,955 12,049
Operating expenses:      
Research and development 8,541 10,689 9,506
Sales and marketing 11,529 17,994 17,991
General and administrative 9,722 16,878 12,626
Amortization of purchased intangibles 891 798 652
Total operating expenses 30,683 46,359 40,775
Operating loss (11,361) (29,404) (28,726)
Other income (expense):      
Interest income (expense), net (287) 7 60
Change in fair value of warrant 137 0 0
Other, net 84 (131) (241)
Total other expense, net (66) (124) (181)
Loss before income taxes (11,427) (29,528) (28,907)
Income tax benefit (252) (839) (6,564)
Net loss from continuing operations (11,175) (28,689) (22,343)
Net income (loss) from discontinued operations, net of tax 0 (10) 13,823
Net loss $ (11,175) $ (28,699) $ (8,520)
Net loss from continuing operations per share – basic $ (1.21) $ (3.11) $ (2.53)
Net income (loss) from discontinued operations per share – basic 0.00 0.00 1.57
Net loss per share – basic $ (1.21) $ (3.11) $ (0.96)
Basic weighted average shares outstanding 9,232 9,235 8,836
Net loss from continuing operations per share – diluted $ (1.23) $ (3.11) $ (2.53)
Net income (loss) from discontinued operations per share – diluted 0.00 0.00 1.57
Net loss per share – diluted $ (1.23) $ (3.11) $ (0.96)
Diluted weighted average shares outstanding 9,232 9,235 8,836