|
Consolidated Statements Of Operation And Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
|
3 Months Ended |
|
Mar. 31, 2012
|
Mar. 31, 2011
|
| Net sales: |
|
|
| Recurring revenue and support |
$ 10,107 |
$ 8,995 |
| Embedded devices & hardware |
4,356 |
4,472 |
| Sub-total |
14,463 |
13,467 |
| Other Services |
69 |
301 |
| Total net sales |
14,532 |
13,768 |
| Cost of sales: |
|
|
| Cost of recurring revenue and support |
4,130 |
3,653 |
| Cost of embedded devices & hardware |
3,588 |
3,850 |
| Cost of other services |
31 |
179 |
| Gross profit |
6,783 |
6,086 |
| Sales and marketing |
2,072 |
2,235 |
| General, administrative and legal |
2,688 |
2,212 |
| Research and development |
805 |
594 |
| Depreciation and amortization |
815 |
775 |
| Operating income |
403 |
270 |
| Interest expense, net |
(77) |
(26) |
| Other (expense) income, net |
(3) |
|
| Income before income taxes |
323 |
244 |
| Provision for income taxes |
2 |
14 |
| Net income |
321 |
230 |
| Other comprehensive income (loss), net of income tax: |
|
|
| Foreign currency translation adjustment |
(18) |
12 |
| Comprehensive income |
$ 303 |
$ 242 |
| Basic earnings per share |
$ 0.02 |
$ 0.02 |
| Diluted earnings per share |
$ 0.02 |
$ 0.01 |
| Weighted average common shares used in per share calculation |
|
|
| Basic |
15,189 |
14,985 |
| Diluted |
15,870 |
15,763 |